Key Impact Points: Information sourced from PwC Article by Robert Kammerer, Nadja Picard, and Gilly Lord Building Trust Beyond Financials For decades, businesses have relied on high-quality financial reporting to build trust with stakeholders, including investors, regulators, and consumers. Today, as sustainability reporting becomes a global priority, companies face a
Key Impact Points: Global and State Regulations Drive Sustainability Forward While federal policies may shift with the incoming administration, sustainability momentum is expected to endure. Historically, US corporations voluntarily built sustainability programs, driven by stakeholder demands, resource management needs, and opportunities for growth in sustainable products. “The most significant corporate
TIME and Statista highlight 500 companies excelling in growth and environmental stewardship Key Impact Points Shifting the Growth vs. Green Paradigm “People are deeply stuck in this trade-off mentality: growth versus green, jobs versus the environment. These are false dichotomies,” says John Sterman, co-director of MIT Sloan’s Sustainability Initiative. This
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
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
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
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
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
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
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
