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Voluntary to Vital: How Mandatory ESG Reporting is Shaping the Future of Business

Voluntary to Vital: How Mandatory ESG Reporting is Shaping the Future of Business

Mandatory ESG Reporting Gains Momentum The 2024 edition of KPMG’s Survey of Sustainability Reporting reveals a seismic shift in how businesses approach sustainability. Companies worldwide are actively preparing for mandatory ESG reporting, spurred by evolving regulations such as the EU’s Corporate Sustainability Reporting Directive (CSRD). KPMG’s survey shows a near-universal

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Report Unveils Fossil Fuel Industry’s Opposition to UN Global Plastics Treaty

Plastics Industry Faces Criticism for Blocking UN Global Plastics Treaty A new report by InfluenceMap highlights the fossil fuel and plastics industry’s strategic opposition to the UN Global Plastics Treaty, raising concerns about their influence on circular economy policies. United States Senator Sheldon Whitehouse framed the issue sharply “The plastics/fossil

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Top Ad Agencies Criticized for Supporting Fossil Fuel Campaigns Despite Climate Commitments

Top Ad Agencies Criticized for Supporting Fossil Fuel Campaigns Despite Climate Commitments

Key Impact Points: Ad Agencies Under Fire for Climate Conflicts The world’s largest advertising agencies are facing scrutiny for their dual roles in promoting climate-friendly initiatives while maintaining lucrative contracts with fossil fuel companies. Major firms like WPP, Omnicom, and Publicis have been called out for conflicts of interest in

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Private sector urged to act as world faces $23 trillion loss from land degradation

Private Sector Action Crucial to Prevent $23 Trillion Loss from Land Degradation

The $23 Trillion Problem Land degradation and droughts are intensifying, with droughts increasing by nearly 30% in frequency and intensity since 2000. According to the UN Convention to Combat Desertification (UNCCD), up to 40% of the world’s land is degraded, threatening agriculture, water security, biodiversity, and livelihoods. UNCCD warns that

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Top 10 Sustainable Brands Redefining the Future of Eco-Friendly Business

Top 10 Sustainable Brands Redefining the Future of Eco-Friendly Business

Key Impact Points: This year has highlighted the urgent need for sustainability: record-high daily temperatures, rising sea levels, and rapidly warming oceans. Yet, there is hope as businesses and consumers increasingly prioritize sustainability. “This is an issue that almost everyone, everywhere can agree on,” says Achim Steiner, UNDP Administrator. During

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Sustainable Supply Chains

Top 10 Ethical Labor Practices Transforming Global Supply Chains

Key Takeaways: Ethical Practices Shaping Supply Chains Ethical labor practices are reshaping the global business landscape, with companies emphasizing sustainability, fairness, and human rights. These approaches go beyond profits to prioritize workers, communities, and the planet. Here are 10 key practices: 10. Community Engagement Company: PatagoniaKey Leaders: CEO Ryan Gellert,

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Plastic Negotiations Collapse: A Nail in the Coffin for Climate Action?

Plastic Negotiations Collapse: A Nail in the Coffin for Climate Action?

Key Impact Points: Nations Deadlock Over Plastic Pollution Treaty Negotiations for a United Nations-backed treaty to address plastic pollution concluded without agreement after a week-long summit in Busan, South Korea. Oil-producing nations, including Saudi Arabia and Russia, blocked attempts to limit plastic production, stalling progress on global climate action. Talks,

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Deloitte and Workiva Unveil ESG Accelerators to Simplify CSRD Compliance

Deloitte and Workiva Unveil ESG Accelerators to Simplify CSRD Compliance

Key Impact Points: New Tools for Streamlined CSRD Compliance Deloitte and Workiva, expanding their ESG-focused alliance, launched four new accelerators to help organizations navigate compliance under the EU’s CSRD. These tools aim to simplify complex reporting requirements while enhancing governance, risk, and compliance (GRC) frameworks within the Workiva platform. Available

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Greenhushing Spreads- Companies Are Still Green—Just Quieter About It

Greenhushing Spreads: Companies Are Still Green—Just Quieter About It

Key Impact Points: Sustainability Talk Shifts Behind the Scenes Companies are scaling back public discussions about sustainability while maintaining a steady focus on the topic in financial disclosures. An analysis of corporate data shows that while mentions of ESG in earnings calls have dropped, they remain prominent in reports and

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Dell’s Rule of Three: Why Transparency, Compliance, and AI are the MVPs of Sustainability

Dell’s Rule of Three: Why Transparency, Compliance, and AI are the MVPs of Sustainability

Key Impact Points: Transparency: The Cornerstone of Trust Cassandra Garber, Chief Sustainability Officer of Dell Technologies, emphasizes that sustainability is more than a corporate responsibility—it’s a trust-building tool. According to Garber, transparency satisfies stakeholders’ growing expectations: “Even if they’re not in agreement or alignment with what you’re doing, they want

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