“Garments come from Asia, cocoa and fruit from Africa, and coffee from South America – the new Supply Chain Act (Lieferkettengesetz) aims to protect the rights of people who produce goods for the German market.” This preface to the German Supply Chain Due Diligence Act on the German Federal Government's... read more →
Oct
26
Oct
14
Key points: The CSRD aims to strengthen and extend the scope of the existing EU reporting requirements It values sustainability metrics alongside environmental performance, paying particular attention to the ‘S’ in ‘ESG’ (employee health, human rights, bribery, anti-corruption, diversity) CSRD will be mandatory for all large European companies and... read more →
Apr
21
The Net Zero Carbon Buildings Commitment (the Commitment) calls on organizations, businesses and cities to take action to reduce all operational and embodied carbon emissions within their building portfolios by 2030, and to advocate for all buildings to be net zero whole life carbon by 2050. The Commitment was launched... read more →
Apr
20
The Climate Pledge is a joint initiative between Amazon, a major platform for e-commerce and IT services, and Global Optimism, a climate advisory organization that was founded by Christina Figueres and Tom Rivett-Carnac, two architects of the historic Paris Agreement, in 2015. The Climate Pledge platform is designed to bring... read more →
Apr
19
Renewable Energy 100 (RE100) is a global corporate renewable energy initiative led by the Climate Group in partnership with CDP aimed at getting the world’s most influential businesses, specifically those with annual electricity demand over 100 GWh to commit to 100% renewable electricity and reach this target by 2050. In... read more →
Apr
18
In the race to a net-zero future, science-based targets serve as a key driver of decarbonization. Science-based targets show companies how much and how quickly they must slash their greenhouse gas (GHG) emissions to meet the Paris climate goals and prevent the worst effects of climate change. In this article,... read more →
Apr
07
ESG reporting has surged in prominence amid consumer, shareholder and employee pressure, combined with a growing realization among investors and financial institutions that sustainability risk is investment risk, as BlackRock CEO Larry Fink highlighted in his letter to CEOs. With ESG performance soaring to the top of the agenda, the ESG... read more →
Apr
06
Sustainability guidance and reporting frameworks play an important role in promoting transparency between organizations and their stakeholders. There’s no shortage of guidance and reporting frameworks; this crowded landscape is often referred to as the ‘alphabet soup’ of ESG. In this blog, we examine the Task Force on Climate-related Financial... read more →
Apr
01
Once only the responsibility of sustainability managers, ESG performance and sustainability are today considered key areas of strategic focus for organizations, often reflected in Sustainability Action Plans developed by organizations. Looming investor pressure, consumer awareness and the understanding that sustainability is an important tenet in risk management and corporate... read more →
Mar
25
The U.S. Securities and Exchange Commission (SEC) has issued a rule proposal to standardize the way organizations make climate-related disclosures. The rule proposal would require U.S. publicly traded companies to disclose annually how their businesses are assessing, measuring, and managing climate-related risks. This would include disclosure of greenhouse gas... read more →