457 investors managing more than US$41 trillion in assets have released a new joint statement to all world governments urging a global race-to-the-top on climate policy
The CLP Group’s stakeholder engagement mechanisms and reporting approach have been recognised in the new edition of Reporting matters, the World Business Council for Sustainable Development’s (WBCSD) annual review of member companies’ sustainability and integrated reports. In the recent WBCSD Leadership Program, CLP and other participants also contributed to a range of sustainability research: getting chief financial officers on board with sustainability; integrated reporting; digital reporting; assurance of environmental, social and governance data; impact assessments; safe sanitation; and communicating the use of low-carbon fuels.
GRI and CDP have released a linkage document between the updated GRI Water and Effluents standard and the CDP Water Questionnaire that helps companies report on their water related impacts.
Once again, it’s BlackRock CEO Larry Fink who has appeared as the socially responsible investment oracle. Almost a year after his “paradigm shifting” letter--a call for social purpose in the 4,000+ companies in which the $6.3 trillion fund invests--Fink has issued a definitive follow-up statement on the subject.
We may be heading into the cold, dark days of winter, but my inbox has been glowing red-hot with a blast of news about sustainable finance. Updates are coming from every area of the category, from giant global entities to funds offering niche investment products, and services aimed at millennials and women.
Today, American Express, the National Trust for Historic Preservation and Main Street America announced the winners of the 2018 Partners in Preservation: Main Streets campaign. The 11 winning historic sites will receive a total of $1.6 million in grants to fund their respective preservation projects. At the outset of the campaign, an additional $400,000 was allocated to the 20 Main Street communities that participated in the program to increase public awareness of the importance of these historic places and build grassroots support for the participating Main Street districts.
This year, the Ray C. Anderson Center for Sustainable Business at the Georgia Tech Scheller College of Business celebrates its fifth anniversary. It launched in 2013 as the Center for Business Strategies for Sustainability with funding from the Ray C. Anderson Foundation and others, and in January 2015 the Ray C. Anderson Foundation made a $5 million commitment. It was then renamed for Ray C. Anderson.
Luke Davies was instrumental in the creation and launch of the Green Deposit, a first-to-market commercial product to help Barclays transition to a low-carbon economy. This pioneering and innovative corporate banking solution is a first for Barclays and the market.
Stock exchanges have a key role in driving sustainability reporting, which is a crucial element of corporate transparency and responsible business practices. The recently released World Federation of Exchanges updated ESG guidance has now been mapped against the GRI Standards, helping to increase the comparability of ESG data.
In terms of total consumption of energy, pulp and paper is third among industrial sectors; only the refi ning and chemical industries consume more. However, environmental impact is affected not just by the amount of energy consumed, but also by the type of energy. On average, US pulp and paper mills derive nearly two-thirds of their energy needs from renewable sources that are considered carbon neutral. Sappi’s mills derive nearly 80 percent of their energy from renewable resources.
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Cascale shares insights regarding policy and regulation impacting the consumer goods industry, and highlights how it's supporting members prepare for...
