Key Impact Points: Clean Energy Transformation on Set Disney and Netflix are spearheading the Clean Mobile Power Initiative, a co-funded accelerator program testing innovative energy solutions to phase out diesel generators on production sets. The initiative is piloting seven battery energy storage systems, two hydrogen-powered generators, and a hybrid power
Key Points: As companies prioritize sustainable growth, the role of a Chief Financial Officer (CFO) has evolved to include navigating complex ESG regulations, aligning capital allocation with sustainability objectives, and embedding these goals into the company’s strategic vision. Today’s CFO must master not only financial acumen and risk management but
Key Impact Points: Powering Change Through Business Advocacy “Governments are competing for business investment and intention,” says Thomas Lingard, Unilever’s Global Head of Sustainability, Environment. At COP28, over 100 countries committed to tripling renewable capacity by 2030. Lingard emphasizes that business action can set the pace for policy, encouraging national
Key Impact Points: Navigating EU Taxonomy Standards KPMG’s latest report, Navigating EU Taxonomy: Progress and Pathways to Compliance, provides a detailed analysis of EU Taxonomy disclosures from 291 European entities, offering critical insights for U.S. companies preparing to comply with evolving global sustainability standards. The EU Taxonomy mandates companies to
Key Impact Points: Leading with Bold Commitments In 2020, Boston Consulting Group (BCG) committed to a comprehensive climate action plan, setting industry-first targets for emissions reduction and carbon neutrality by 2030. BCG’s vision includes “becoming climate positive beyond 2030”—removing more carbon than it emits each year. BCG’s targets include: Embracing
Key Impact Points: New Approach to Data Center Construction Microsoft is testing a new way to construct data centers in northern Virginia using “superstrong ultra-lightweight wood“ in place of traditional steel and concrete. This innovation aims to lower the carbon footprint of its facilities, aligning with the company’s goal to
Key impact points: The European Corporate Sustainability Reporting Directive (CSRD) is set to revolutionize how large and publicly listed companies disclose their environmental, social, and governance (ESG) practices. A new era of transparency Phase 1 of the CSRD targets large companies meeting at least two of these criteria: over €50
Key Impact Points: Global Adoption of TNFD Framework At COP16 in Cali, Colombia, the Taskforce on Nature-related Financial Disclosures (TNFD) announced that 502 companies and financial institutions have committed to adopting TNFD’s voluntary nature-related risk reporting. This marks a 57% increase since the first announcement in January 2024, signaling significant
Key Impact Points: A new survey by Nasdaq offers crucial insights into how companies are adapting their carbon credit strategies to align with net zero goals. The 2024 Global Net Zero Pulse Report highlights shifts in corporate buyer preferences, regulatory challenges, and the growing demand for education on carbon removal
Key Impact Points: Sustainability Reporting for Event Organizers Marriott International is stepping up its sustainability efforts by introducing a Sustainability Impact Report for event organizers at select properties. This report provides critical data on the carbon footprint and water usage of their events. A Strategic Move for Competitive Advantage With
