3 Key Impact Points: In the battle of caffeinated beverages, tea and coffee are among the world’s most consumed drinks. While neither is essential for survival, many can’t imagine starting their day without them. However, their environmental impacts are significant, with intensive farming, processing, and global transportation leaving a lasting
Key Impact Points: Climate Week NYC Overview Climate Week NYC, held alongside the UN General Assembly, gathered thousands from public and private sectors for over 900 events from September 22-29, 2024. The discussions spanned ten themes, setting the stage for upcoming COP16 and COP29 conferences. Urgent Need for Climate Financing
By: Charles Benisch, Senior Director of Renewable Advisory at ENGIE Impact Renewable energy assets are surging across the globe at record rates bolstered by emissions reduction commitments and historic growth in energy demand. At this crucial crossroads of energy growth and climate change mitigation efforts, corporations across all industries must assess and prioritize renewable energy strategies. Businesses that adopt actionable, comprehensive renewable energy plans can make measurable
Key Impact Points: In 2024, the sustainability profession has reached a pivotal point, driven by the rapid increase in regulatory requirements. The eighth biennial State of the Sustainability Profession report, published by Trellis, highlights how the role of sustainability leaders is evolving to meet these new challenges. What began as
Key Impact Points: Blue Alliance Marine Protected Areas (BA) and BNP Paribas have announced the launch of Blue Finance, a USD 35 million impact loan facility designed to support reef-positive businesses and accelerate the growth of the Blue Economy within Marine Protected Areas (MPAs). This innovative financial facility, which leverages
Key Impact Points: Canada’s Commitment to Net-Zero The Canadian federal government is advancing a bold climate strategy to achieve net-zero emissions by 2050, requiring annual investments of $125 billion to $140 billion. A key component of this plan is a $93 billion suite of economic tax credits designed to attract
Key Impact Points: Urgent Challenges and COP16’s Role Nature is vanishing at an alarming rate, with the planet losing vast areas of tropical forest every minute and wildlife populations plummeting. The upcoming 16th UN Biodiversity Conference (COP16) in Cali, Colombia, is a critical platform for addressing these crises. Nations will
Overview of Global Trust Levels According to GlobeScan’s Radar survey of over 30,000 people across 30 countries, there is a notable trust deficit for businesses. Contrary to common perceptions, businesses are not the most trusted institutions; instead, they lag behind entities like scientific bodies and NGOs. Measuring Thick Trust Since
Key Impact Points: NZBA and MUFG’s Strategic Role The NZBA, initiated by the United Nations Environment Programme Finance Initiative in April 2021, now encompasses 145 banks globally committed to aligning their financing to support a 1.5°C global temperature goal. MUFG, a pivotal member of the NZBA’s Steering Group and a
Key Impact Points: The Corporate Sustainability Reporting Directive (CSRD), which became European law in January 2023, is reshaping the landscape of corporate responsibility by mandating extensive sustainability disclosures. This move requires unprecedented alignment between companies’ sustainability and finance departments. Enhanced Reporting Requirements Netflix Ramps Up Data Integration Netflix’s Chief Sustainability
