ESG due diligence remains a priority for dealmakers. In fact, respondents to the latest Global KPMG due diligence study report a rise in ESG priority in transactions over the last 12 to 18 months, despite challenges.
Wynn Resorts released its annual Social Responsibility Report highlighting the company’s ongoing initiatives to enrich the lives of its employees and the betterment of its surrounding communities.
The Global Sustainability Standards Board (GSSB), an independent standard-setting body created by GRI, approved plans to transition the GRI G4 Guidelines to GRI Sustainability Reporting Standards (GRI Standards).
Slavery is typically a problem that is thought to be in areas that are not close to us, when in reality these issues are closer then people realize. As companies begin to grow their operations into other markets and work with suppliers and distributors from across the world, knowing what type of labor is going into your expanding supply chain has been top of mind. The idea that modern day slavery does not exist in supply chains is quickly fading as more accounts of this unethical practice are being uncovered. Not all countries are immune to this problem, as slavery has been found in operations here within the United States. There are several levels of slavery that can plague a company and many times those areas where it penetrates is directly into the supply chain.
The World Federation of Exchanges (WFE) issued new guidance on sustainability disclosures. Thirty-three specific KPI's are included in the recommendations. Mindy Lubber, President of the advocacy organization Ceres, issued a statement on the WFE launch.
T. Rowe Price’s 2014 Corporate Social Responsibility Report describes the firm’s progress on its commitment to reduce environmental impact. Between 2010 and 2014, the firm cut landfill waste by 49%, expanded recycling by 79%, and reduced greenhouse gas emissions by 3%, all while the associate population grew 30%.
Kering and BSR published a report today on tackling resilience to climate change in luxury fashion. The report is a first analysis of climate change and its consequences for the Luxury sector.
The global population is expected to be over nine billion by mid-century. Feeding that many people without “exceeding ecological and social limits” presents the food and beverage industry with “unique challenges,” proclaims a recently released report on the food and beverage industry by the sustainability consulting firm, Pure Strategies.
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