Key Impact Points: GRI (Global Reporting Initiative) and the UN Global Compact have launched an enhanced online database, “Business Reporting on the SDGs: An Analysis of the Goals and Targets,” to improve business reporting on the Sustainable Development Goals (SDGs). This tool provides a comprehensive inventory of potential disclosures at
Key Impact Points: Despite resistance from some corporate sectors, the push for climate disclosure in the U.S. is gaining momentum, driven by state-level initiatives and impending federal rules. According to a report by Sustainable Fitch, the recent developments underscore a growing trend towards transparency in environmental impact, even as major
Rockefeller and MacArthur Foundations’ Collaborative Fund Unveils Annual Impact Report Key Points: The Rockefeller Foundation’s latest report on the Zero Gap Fund highlights the pivotal role of innovative financing in tackling global challenges. By the end of 2023, the Fund had successfully mobilized more than $1.04 billion in private finance
Key Impact Points: Investment Details The International Finance Corporation (IFC), part of the World Bank Group, has announced a substantial investment to support Natura in promoting sustainable sourcing, which will bolster the Amazon bioeconomy and contribute to the protection and regeneration of the Amazon Forest. This initiative is expected to
Instead of viewing sustainability regulations as a mandatory task, companies should see them as an opportunity to innovate and grow. This is the perspective shared by Michael Wagemans from KPMG and Valérie Siegler from Spadel. When Stephen Elop took over Nokia in 2010, he gave a staff speech that went
Hurricane Beryl, the first hurricane of the 2024 Atlantic season, made a catastrophic impact on the Caribbean, marking an unprecedented start to the season. The storm, which reached Category 5 status with winds up to 160 mph, left a trail of destruction in its wake, severely affecting countries throughout the
Shaping Sustainability and Climate Investing in 2024 Key Insights As we move into 2024, sustainability and climate investing are influenced by significant trends. Extreme weather events are becoming commonplace, prompting economic and social changes. Technological advances in AI are reshaping data privacy concerns, and investments in nature through the voluntary
Adapting to New ESG Reporting Requirements Companies worldwide are striving to meet net-zero and other sustainability goals amidst a rapidly changing regulatory environment. Key regulations include the EU’s Corporate Sustainability Reporting Directive (CSRD), the US SEC’s Climate-Related Disclosures (CRDs), and standards from the International Sustainability Standards Board (ISSB). Key Regulatory
Key Impact Points: Seventh Generation, known for its bio-based household products, uncovered a significant environmental impact: its cash on the balance sheet generated 9,000 metric tons of CO2 annually. This discovery prompted a deeper look into the company’s financial practices, revealing that its banks’ activities produced more emissions than the
Key Impact Points: Australia’s Federal Government has unveiled its Sustainable Finance Roadmap, positioning the nation as a global leader in sustainable finance. This strategic plan aligns with Australia’s commitments under the Paris Agreement and aims to embed sustainability within the core of financial systems. Major Initiatives “The Roadmap is a
