Key Impact Points: Climate Progress Stalls Despite 2023 marking the hottest year on record, a new study by Boston Consulting Group (BCG) and CO2 AI reveals a slowdown in corporate decarbonization efforts globally. Among nearly 2,000 companies surveyed, only 9% reported comprehensive measurement of Scope 1, 2, and 3 emissions.
Key Impact Points: The Rise of Sustainable Building Products Nearly 90% of the 110 building products companies covered by Morningstar Sustainalytics derive some portion of revenue from sustainable products and services. This marks a significant industry shift towards supporting the global transition to green buildings. Why Green Buildings Matter Green
Key Impact Points: Evolving ESG reporting landscape The ESG reporting landscape is rapidly evolving as more countries introduce regulations to enforce sustainability disclosures. In a recent EY webcast, experts discussed the nuances of global reporting standards, focusing on the growing importance of materiality. “There are strategic implications throughout in assessing
Key Impact Points: Azerbaijan defends its stance As Azerbaijan prepares to host COP29, top officials are dismissing growing criticism of the country’s human rights record. Hikmet Hajiyev, a key advisor to President Ilham Aliyev, called the criticisms a “coordinated smear campaign and dirty propaganda.” “Overburdening the COP agenda with issues
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
