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KPMG: CSA Flags Rising Greenwashing Risks in Canadian ESG Disclosures

diciembre 20, 2024 No hay comentarios

Key Impact Points Regulators Crack Down on Greenwashing The CSA is intensifying its oversight of ESG disclosures, highlighting concerns about potentially misleading environmental claims. In its Staff Notice 51-365, the CSA outlines common deficiencies, including overly promotional claims and insufficient substantiation. “The Notice warns that false, misleading, or unsubstantiated claims

Sustainable Giving for the Holidays: Smart Givers Look to the Past

diciembre 17, 2024 No hay comentarios

Key Impact Points Secondhand Gifting Gains Momentum Merle Brown, a 53-year-old writer from Scotland, buys most of her gifts secondhand. “I love the thrill of finding something unique and special that I can’t get anywhere else,” she says. Her Christmas list includes vintage glassware, puzzles, and holiday cards — unique

Deloitte Survey: 70% of Executives Rank Climate Change Among Their Top Three Corporate Priorities

diciembre 17, 2024 No hay comentarios

Key Impact Points The Growing Business Case for Climate Action A new Deloitte report reveals a foundational shift in corporate sustainability, driven by climate risks, evolving regulations, and stakeholder demands. Record-breaking climate disruptions, such as extreme weather and rising insurance costs, are reshaping business strategies globally. “Seventy-nine percent of respondents

EU Groups Call for Smart Implementation of Sustainability Rules to Boost Competitiveness

diciembre 17, 2024 No hay comentarios

Key Impact Points EU Sustainability Reporting Misrepresented as a Threat More than 90 organizations representing civil society, business, banking, and investor interests expressed deep concern about the misrepresentation of EU sustainability reporting as a threat to competitiveness. The statement, issued on December 12, is a direct response to EU Commission

No Time to Idle: CARB’s Grace Period Is Your Ticket to Emissions Reporting Readiness

diciembre 13, 2024 No hay comentarios

Key Impact Points: CARB’s Grace Period Explained The California Air Resources Board (CARB) has issued an Enforcement Notice under the Climate Corporate Data Accountability Act (SB 253). This law mandates annual public disclosures of scope 1, 2, and 3 greenhouse gas emissions by U.S.-organized companies operating in California with annual

UNGC USA Highlights Private Sector’s Role in Financing the SDGs

diciembre 12, 2024 No hay comentarios

Key Impact Points: UNGC’s Sustainable Finance Report The United Nations Global Compact (UNGC) Network USA hosted a private event to celebrate the launch of its sustainable finance report, Driving Progress: Sustainable Finance for the Advancement of the SDGs. This report underscores the essential role that the U.S. private sector plays

Schneider Electric Reports Highlight AI’s Dual Impact on Energy Use and Sustainability

diciembre 12, 2024 No hay comentarios

Key Impact Points: AI’s Energy Demand: Four Scenarios Schneider Electric’s Sustainability Research Institute (SRI) released its first report, Artificial Intelligence and Electricity: A System Dynamics Approach, analyzing the electricity consumption of AI over the next decade. Rémi Paccou, SRI Director, and Prof. Fons Wijnhoven of the University of Twente, used

Rethinking Business: 4 Strategies to Drive Systemic Climate Action

diciembre 10, 2024 No hay comentarios

Key Impact Points Fossil Fuel Influence and Business Silence For decades, fossil fuel companies have used lobbying, PR campaigns, and political donations to shape public opinion and block climate progress. Despite experiencing climate-related disruptions like supply chain shocks and natural disasters, the broader business community has largely remained on the

UK Committee Poised to Finalize ISSB Recommendations—Government Decision Looms

diciembre 10, 2024 No hay comentarios

Key Impact Points: ISSB Recommendations to Guide UK Sustainability Reporting A UK committee established by the Department for Business and Trade (DBT) has confirmed that it will deliver final endorsement recommendations for local sustainability reporting standards (SRS) by December 20. The recommendations are based on the International Sustainability Standards Board

Diligent: Reflections on COP29 – A Turning Point for ESG?

diciembre 10, 2024 No hay comentarios

Key Takeaways: COP29 Marks a Strategic Shift for ESG Professionals COP29 has concluded, leaving ESG professionals with clear directives: the time for incremental efforts is over. The summit underscored that ESG is no longer optional but a vital component of corporate strategy in a rapidly changing global landscape. ESG Disclosure: