The CSRD (Corporate Sustainability Reporting Directive) in the EU reforms and significantly expands the reporting obligations of companies. It extends the reporting requirements and makes it compulsory for big to small and medium-sized enterprises based on a harmonized reporting.
Duke Energy recently announced locations for three new universal solar plants in the state of Florida. The plants are expected to eliminate 1 billion pounds of carbon dioxide emissions each year beginning in early 2020. Duke Energy plans to add a total of 700 MW of solar power throughout Florida by 2022.
City Developments Limited (CDL) published its latest Integrated Sustainability Report (ISR) 2019 alongside the release of the company’s Annual Report. Entitled “Changing the Climate: Towards Future Value 2030 Goals”, the company’s second fully-digital report communicates the leading eco-developer’s progress towards its material ESG goals and targets established under the CDL Future Value 2030 Sustainability Blueprint.
With an aviation industry goal to cap net greenhouse gas growth from 2020 onward, renewable jet fuel is a key aspect of JetBlue’s emissions reduction strategy. JetBlue is dedicated to leading the way in sustainability initiatives across the industry, and the introduction of renewable jet fuel is a historic step towards the future of the airline and industry.
With the scale and reach of its agricultural sourcing, PepsiCo wants to help farmers across its global supply chain become more sustainable. This is especially true of female farmers, who face significant barriers in what is increasingly being called the “crop gap.”
I had the great opportunity to host a roundtable discussion on setting science-based targets at Sustainable Brands’ 2018 New Metrics conference in Philadelphia in October. Science-based targets (SBTs) have received a growing amount of research interest and company attention over the past five years. Currently, 515 companies worldwide are engaged in setting and validating SBTs through the Science Based Targets Initiative—a steep increase from the 14 companies who were engaged in this process four years ago.
In 2016, we set a goal to reduce greenhouse gas emissions (GHGs) from our offices, data centers and small vehicle fleet (otherwise known as scope 1 and 2 emissions) by 30 percent by 2025. By focusing investments on energy conservation and more efficient use of space, Symantec achieved a 32 percent reduction in just three years, surpassing our goal seven years early.
Building on our success, we are participating in the Science Based Targets initiative (SBTi). The SBTi, a collaboration between CDP (formerly the Carbon Disclosure Project), the UN Global Compact, World Resources Institute, and the World Wildlife Fund, champions science-based target setting as a powerful way of boosting companies’ competitive advantage in the transition to the low-carbon economy.
Those of us who work for or support the nonprofit sector have always known how important it is to the nation’s health, environment, safety net, creativity and quality of life. From churches to cultural centers to food banks, schools and humanitarian organizations, the nonprofit sector feeds the nation’s soul, its heart and its body. But, it’s also critically important to the nation’s economy and job market.
The five tenants living in Michigan Tech’s Sustainability Demonstration House (SDH) recently welcomed 30 additional residents and $13,000 in Whirlpool appliances.
Lately I’ve been thinking a lot about the state of corporate sustainability and how it’s not delivering on the promise of a sustainable business model. Before you contest that fact, remember that in 2018 CO2 emissions hit their highest level in recent history, plastic pollution continues to get worse and is now in our food chain, biodiversity loss is accelerating, and at no time has the rate of species loss been greater. This is all happening under our watch. The positive inputs from Corporate Sustainability, CSR, Conscious Capitalism, Social Innovation and Impact Investing look very promising but the outputs are increasingly disturbing.
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