EFRAG released a report on the early implementation of the European Sustainability Reporting Standards (ESRS) among large EU companies. Supported by Boston Consulting Group (BCG), this study, titled ‘State of...
For more from Tim Mohin, sign up for his newsletter here Last week, we shared how the implementation of California’s climate laws is likely to be delayed for two years. This week, research...
Key Impact Points: ERM Unveils 2024 Sustainability Report: Charting a Bold Path Toward Environmental Leadership and Innovation ERM has unveiled its 2024 Sustainability Report, a testament to the company’s profound...
Measurabl has launched its next-generation platform, offering advanced software products for real estate owners, operators, and investors to leverage sustainability. This suite is driven by Quantum, the world’s first Real...
Sustainability software and services provider, Good.Lab has announced a new solution to help mid-market companies comply with the EU’s Corporate Sustainability Reporting Directive (CSRD). Good.Lab’s new solutions streamline the CSRD...
Despite pushback against Environmental, Social, and Governance (ESG) initiatives, US climate disclosure is gaining momentum through state-level and federal supplier requirements, even as the SEC’s climate rule faces delays. State-Level...
Dutch companies show strong confidence in CSRD readiness. According to PwC’s Global CSRD Survey 2024, 79% of Dutch businesses expect to comply with the new Corporate Sustainability Reporting Directive (CSRD)...
Strategic Collaboration for Sustainability IBM (NYSE) and JLL (NYSE) have unveiled a global sustainability solution, powered by IBM Envizi technology, to enhance ESG reporting and data management in the commercial...
Amazon’s Sustainability Exchange, launched today, provides previously proprietary guidance to accelerate supply chain decarbonization. This initiative marks a significant step in Amazon’s journey to reach net-zero carbon by 2040. Why...
KPMG Launches Clear on Climate Reporting Hub for Corporate Transparency Climate change is driving increased scrutiny of financial reporting from stakeholders, including regulators, investors, and the public. They demand clarity...
Schneider Electric, the global leader in digital transformation of energy management and automation, is proud to announce major enhancements to EcoStruxure™ Resource Advisor, a versatile enterprise software suite of solutions designed...
With comprehensive disclosure requirements now applying to tens of thousands of companies under the EU Corporate Sustainability Reporting Directive (CSRD), what does it mean for organizations that already use GRI...
Oxbury, Britain’s only fintech solely dedicated to farming, continues to lead the charge in sustainability with the release of its second annual Natural Capital Report. Launched in 2021, Oxbury’s mission...
A coalition of leading Canadian pension funds has submitted a letter to the Canadian Sustainability Standards Board (CSSB), urging it to reconsider proposed exemptions for sustainability reporting. This initiative underscores...
Schroders released its inaugural Impact Report, highlighting its dedication to impact investing and its commitment to delivering positive societal and environmental outcomes for clients. Key Developments: Impact Framework and Achievements:...
Freddie Mac’s refreshed ESG priorities aim to bolster the long-term health of the U.S. housing finance system while addressing evolving sustainability-related risks and opportunities. “Our mission is to Make Home...
A new report by Schneider Electric and the Institute of Singapore Chartered Accountants (ISCA) reveals a critical issue: 94% of Singapore companies are not fully measuring and analyzing Scope 3...
The IFRS Foundation and EFRAG have published guidance material to illustrate the high level of alignment achieved between the International Sustainability Standards Board’s IFRS Sustainability Disclosure Standards (ISSB Standards) and...
AEW Europe, one of the world’s leading real estate investment and asset managers, announces that it will be one of the first asset managers to adopt the new ‘Sustainability Impact’...
Harnessing AI for Environmental Impact Google’s 2024 Environmental Report highlights the company’s strategic use of AI to drive environmental change and operate sustainably. By leveraging technology, Google aims to address...
As companies worldwide strive to meet sustainability goals, the urgency to adapt to evolving regulatory landscapes is paramount. New environmental, social, and governance (ESG) reporting requirements, including the EU’s Corporate...
Envoria, a leading provider of ESG solutions, is proud to announce its collaboration with Vodafone Business. With the launch of the new Vodafone Business ESG Navigator, powered by Envoria’s robust...
Bloomberg has launched new tools for investors to measure, manage, and report on the sustainability characteristics of their portfolios. These tools are available in Bloomberg’s portfolio and risk analytics solutions,...
The International Finance Corporation (IFC) and the IFRS Foundation have signed a strategic partnership to strengthen sustainable capital markets by improving sustainability and climate reporting in emerging markets and developing...
ERM and OPTEL have entered a strategic partnership to enhance supply chain visibility and reporting capabilities. This collaboration leverages OPTEL’s traceability technology and ERM’s sustainability expertise to help companies meet...
The European Central Bank (ECB) has published its second set of climate-related financial disclosures, which provides information on the carbon footprint of its portfolios and their exposure to climate risks,...
Supply chain Scope 3 emissions are significantly higher than operational emissions, yet often overlooked. Despite their scale, only a fraction of corporates set targets for these emissions. The responsibility to...
In today’s ESG landscape, we are seeing more companies setting new carbon emissions reductions targets, such as committing to net-zero targets and science-based targets (SBTs). In fact, the number of...
At the IFRS Foundation Conference coinciding with London Climate Action Week—ISSB Chair Emmanuel Faber will announce further harmonisation of the sustainability reporting landscape, as the International Sustainability Standards Board (ISSB) embarks on...
Greenhouse Gas Protocol (GHG Protocol) and the IFRS Foundation announced that they have signed a memorandum of understanding to guide future work and collaboration between GHG Protocol and the International Sustainability Standards Board...
Executive Summary The Taskforce on Nature-related Financial Disclosures (TNFD) and the European Financial Reporting Advisory Group (EFRAG) have jointly published a correspondence mapping between the European Sustainability Reporting Standards (ESRS)...
Executive Summary: Unilever intensifies its climate advocacy efforts to accelerate emissions reduction and support global net-zero goals. By collaborating with coalitions and pushing for transformative policies, Unilever aims to create...
PepsiCo has published its 2023 progress report on Environmental, Social and Governance (ESG) results. The 2023 ESG Reporting Suite includes the ESG Summary, ESG Topics A-Z and the ESG Data Hub, providing a detailed...
Key Impact Points: Bloomberg announced a new data offering on the Bloomberg Terminal, collating data companies report in line with the EU’s Corporate Sustainability Reporting Directive (CSRD). This service is...
Executive Summary The European Supervisory Authorities (ESAs) have proposed new categories for financial products under the Sustainable Finance Disclosure Regulation (SFDR) to address greenwashing and improve clarity for investors. The...
Key Impact Points: Executive Summary: Workiva has launched Workiva Carbon, expanding its platform for ESG, financial reporting, and GRC with tools for carbon accounting, management, and decarbonization. This new addition...
Key Impact Points: Staying within 1.5°C remains a key business goal, according to CDP data showing a nearly 50% increase in companies with 1.5°C-aligned climate transition plans. Sherry Madera, CEO...
Almost two-thirds (63%) of companies say they are very or extremely confident that they will be ready to report under the EU’s new Corporate Sustainability Reporting Directive (CSRD), according to...
Public comment on revised GRI Standards for employment practices and working conditions How are organizations responding to their responsibilities to ensure decent working conditions and fully disclose their impacts on...
CCH Tagetik ESG & Sustainability for Carbon Emissions enables advanced data management of Scope 1, 2 and 3 emissions Wolters Kluwer, a global leader in information, software, and services for...
New disclosure platform unveiled to unlock faster action, harmonize global standards and make disclosure more efficient In a move set to kickstart a new era of more efficient disclosure and...
Environmental, social and governance (ESG) reporting headaches could be a thing of the past, after Ideagen, a leader in regulatory and compliance software, today announced a new strategic partnership to...
China’s Ministry of Finance has begun soliciting opinions on a draft guideline aimed at unifying corporate sustainability disclosures, with a vision of establishing a nationwide standard by 2030. The move...
Iberdrola held a new edition of the BAT Talk at the BAT B Accelerator Tower in Bilbao, Spain. During the event, attendees learned more about Iberdrola’s R&D strategy and innovation ecosystem, an ecosystem with numerous...
On May 24th, 2024, a Bloomberg journalist contacted the SBTi with a series of questions in preparation for an article which it published on May 29th, 2024. Below is the...
The IFRS Foundation releases Jurisdictional Guide at IOSCO Annual Meeting to support regulators Jurisdictions representing over half the global economy by gross domestic product (GDP) have announced steps to use...
In response to market demand, the two organisations will work together to optimise how GRI and ISSB Standards can be used together. The IFRS Foundation and the Global Reporting Initiative...
Key Impact Points: A recent Bloomberg Law survey highlights that a significant majority of attorneys doubt the SEC’s new climate disclosure rule will survive intact. The rule, which mandates detailed...
Infor®, the industry cloud company, today announced the launch of Infor GenAI and ESG Reporting, to help customers improve productivity and report on their environmental footprint. Infor’s modern solutions, from...
Key Points: Microsoft has released its 2024 Environmental Sustainability Report, covering the progress made in fiscal year 2023 against the baseline set in 2020. The full report can be explored...
ERM, the largest global specialist sustainability consultancy, has announced a strategic partnership with Workiva, one of the world’s leading cloud platforms for assured integrated reporting. Together, ERM and Workiva will...
McKinsey is accelerating sustainable and inclusive growth across its client work, insights, actions, and charitable giving. McKinsey & Company released its 2023 ESG Report, “Accelerating sustainable and inclusive growth for all.”...
Key Impact Points: The Global Reporting Initiative (GRI) has launched the “CSRD Essentials” series, a practical guide for understanding the EU’s Corporate Sustainability Reporting Directive (CSRD). This initiative, developed with...
Boston Consulting Group (BCG) released its Annual Sustainability Report: From Bold Ideas to Exponential Impact. The report showcases the firm’s work throughout 2023 to find the most valuable, sustainable, and innovative...
Revisions to EPA’s Greenhouse Gas Reporting Program authorized by Congress will bring greater transparency and accountability for methane emissions from oil and natural gas facilities, one of the major drivers...
The IFRS Foundation and EFRAG have published guidance material to illustrate the high level of alignment achieved between the International Sustainability Standards Board’s IFRS Sustainability Disclosure Standards (ISSB Standards) and...
Report highlights Bloomberg’s work to reach its validated science-based net-zero emissions reduction target, and its work to accelerate climate action. Bloomberg published its 2023 Impact Report, which outlines how the company...
In 2023, Citi reaffirmed its commitment to Environmental, Social, and Governance (ESG) principles amidst a complex global backdrop marked by environmental urgencies and socio-economic shifts. The annual ESG report outlines...
The Council has given its final approval to the directive on time limits for the adoption of sustainability reporting standards for certain sectors and third country undertakings, which amends the...
American Express reflected on its year-round commitment to sustainability as Earth Month 2024 drew to a close. The company highlighted its efforts to support communities, empower small businesses, and encourage...
The International Sustainability Standards Board (ISSB) has published the IFRS Sustainability Disclosure Taxonomy (ISSB Taxonomy), fulfilling its promise to enable investors and other capital providers to analyse sustainability-related financial disclosures...
The European Financial Reporting Advisory Group (EFRAG) selects Datamaran as its solution for data-driven ESG governance supporting the development of the European Sustainability Reporting Standards (ESRS) The European Financial Reporting Advisory Group...
Sustainability Regulation Propelling Transformation in Corporate Reporting, According to New Survey by Workiva Survey Finds Companies Planning to Voluntarily Comply With the CSRD; Practitioners Believe Integrated Reporting Has Positive Impact...
Report Announces Development of New Cutting-Edge Hybrid Locomotive, Safety Improvements, and Industry Recognition for Sustainability Union Pacific Railroad released its annual Building America Report, highlighting progress on key goals, including safety...
Norges Bank Investment Management (NBIM), a global investment powerhouse managing Norway’s sovereign wealth fund, recognizes that long-term financial returns are inextricably linked to sustainable development across environmental, social, and economic...
The Stock Exchange of Hong Kong (HKEX) is set to become a global leader in sustainability reporting with the implementation of mandatory climate-related disclosure requirements for listed companies. These new...
The latest issue of SEB’s The Green Bond report is dedicated to the question of how to scale energy transition investments at the speed required to reach net-zero emissions and...
RE Royalties Ltd., a global leader in renewable energy royalty-based financing is pleased to announce the publication of its 2024 Green Bond Framework (the “Framework”), assessed as Dark Green, and...
Together, with its first Community Impact Report, the company details its progress its net-zero ambitions and supporting the communities it visits Royal Caribbean Group released its annual Seastainability Report, outlining...
With Japan’s cross-shareholding ratio falling to an all-time low and the new NISA (a tax exemption program for small investment programs that began in January 2024) with an indefinite tax...
Warner Bros. Discovery’s 2023 Sustainability Report comprehensively outlines its strategic commitments and achievements in integrating Environmental, Social, and Governance (ESG) considerations into its operations. Here, we delve deeper into various...
Key Impact Points: In 2023, JPMorgan Chase continued to demonstrate its unwavering commitment to Environmental, Social, and Governance (ESG) principles through its comprehensive annual ESG report. The report provides an...
Users can power more sustainable business flows, tapping into automated reports to measure key data against internationally-recognized frameworks Finastra announced that it has integrated AI-powered ESG (environmental, social and governance) scoring...
Mastercard’s 2023 Environmental, Social and Governance Report details how the company is activating its network, services, products, and partnerships to fulfill its commitment to social good. The report highlights progress...
This Earth Month, and every month, Target celebrates how sustainability strengthens its business and communities, while delivering a more joyful and meaningful experience for guests. From designing its owned brands...
ISS-Corporate, a leading provider of compensation, governance, cyber risk monitoring, and sustainability offerings to help companies improve shareholder value and reduce risk, today announced the acquisition of Celsia, an Oslo-based...
The world’s dependence on coal-fired power plants witnessed a surprising rise in 2023, marking the highest annual increase since 2016. This trend, highlighted in a report by Global Energy Monitor...
Watershed launched Watershed for CSRD, a dedicated software solution for companies reporting under the European Union’s Corporate Sustainability Reporting Directive (CSRD), the most comprehensive ESG disclosure regulation in history. Watershed for CSRD extends Watershed’s...
LyondellBasell published its annual sustainability report titled, Everyday Sustainability. The publication offers an in-depth review of the company’s progress over the last year toward establishing itself as an industry leader...
The Sustainability Standards Board of Japan (SSBJ) has recently announced the issuance of exposure drafts for new sustainability disclosure standards, aligning with the International Financial Reporting Standards (IFRS) Foundation’s International...
In an unprecedented move, late on Thursday, the SEC decided to stay their own rule while the litigation is settled to “avoid any regulatory uncertainty.” Meanwhile, Liberty Energy, a Denver-based fracking company,...
Three of the largest North American banks have agreed to publicly disclose their financing ratio of low-carbon energy to fossil fuels, setting a new standard for the banking sector After...
The U.S. Securities and Exchange Commission (SEC) has announced a suspension in the enforcement of its climate disclosure rule while awaiting the outcome of a legal challenge initiated by a...
RMI, in cooperation with leading global banks—BNP Paribas, Citi, Crédit Agricole CIB, Societe Generale, and Standard Chartered—and in consultation with industry, experts, and additional financial institutions has developed a first-of-its-kind framework...
A new report by InfluenceMap, titled “The Carbon Majors Database: Launch Report,” sheds light on a critical aspect of the climate crisis. It reveals a concerning concentration of greenhouse gas...
Due to the demands of her role as Assistant Secretary-General of the United Nations and Deputy Executive Director of the United Nations Environment Program (UNEP), the Taskforce on Nature-related Financial...
In the comprehensive report titled “Citi’s Approach to Climate Change and Net Zero” released on March 28, 2024, by Citi under the stewardship of Chief Executive Officer Jane Fraser, the...
A majority (70%) of European companies align less than 25% of their capital expenditures (CapEx) toward transitioning towards a net-zero economy, new analysis by CDP and Oliver Wyman reveals. Meanwhile,...
Households across all continents wasted over 1 billion meals a day in 2022, while 783 million people were affected by hunger and a third of humanity faced food insecurity. Food...
New study finds 60% of consumers say shopping secondhand apparel gives them the most bang for their buck; 55% say they’ll spend more on secondhand if the economy doesn’t improve....
President Bola Ahmed Tinubu has affirmed Nigeria’s commitment to diligently implement world-leading sustainability reporting standards aimed at unlocking capital investments, transforming business models, and safeguarding the environment in the country....
Billups, a global Out-of-Home (OOH) managed services agency helping advertisers and agencies strengthen media performance through a patented analytics and measurement platform, has chosen Cedara, the Carbon Intelligence Platform for marketers,...