Your ESG Strategy in 2022 (Part 2): Making the Leap From Compliance to ESG
In Part One of this series, we looked at how a robust ESG strategy drives profitability for companies. In Part Two, we look at who is responsible for leading the shift within companies to a more sustainable future. ESG is only one aspect of a broader sustainability transformation, but it has played an enormous role […]
Rapid Reaction: The U.S. SEC’s Proposal for Mandatory Corporate Climate Risk Disclosure Rules
The U.S. Securities and Exchange Commission’s (SEC) proposal for mandatory corporate climate risk disclosure rules, announced this week, should create a tectonic shift in the Environmental, Social and Governance (ESG) information ecosystem. For years, companies, investors, and policymakers have decried the lack of standards governing companies’ measurement of their ESG performance or mandates that companies […]
Your ESG Strategy in 2022 (Part 1): 5 Ways ESG Reporting Boosts Business
Are you prioritizing ESG strategy and ESG reporting in 2022? If not, you should be. Whether your business is prepared for it or not, major changes in the ESG world will soon have an impact on your organization. Through a combination of pressure from investors, stricter regulatory conditions, consumer preferences, and changing compensation plans for […]
The Truth About ESG Ratings—and Why Sustainability Reporting Is Crucial for Businesses
Some recent news has highlighted the difference between sustainability and ESG, terms that are sometimes equated erroneously. Bloomberg has suggested that the rapidly growing ESG rating business is more about the financial sustainability and viability of the companies rather than the impact of those companies on planet and people. The authors of the piece focus […]
How the Value Reporting Foundation (VRF) Supports Sustainable Finance—and Why It Matters for Your Business
A most noteworthy takeaway of the recently completed COP26 event in Glasgow was the announcement on “Finance Day” that nearly 500 global financial services firms agreed to align $130 trillion—some 40% of the world’s financial assets—with the climate goals set out in the Paris Agreement, including limiting global warming to 1.5 degrees Celsius. This commitment […]
Getting Started with ESG Reporting: How to Successfully Meet Stakeholder Demands
A strong Environmental, Social, and Governance (ESG) profile is now a must for established and aspiring market leaders. Stakeholders from across the spectrum—consumers, clients, suppliers, investors, lenders, and others—are increasingly basing their business and financial decisions on ESG performance. Skyrocketing demands for ESG performance data are leaving many companies struggling to respond, let alone ensure […]
Climate Change Strategies for Businesses Ahead of the UN Climate Change Conference 2021 (COP26)
Are you eagerly awaiting the United Nation’s Climate Change Conference 2021 (COP26)? Know that the UN race to zero has already begun. Firms across the world have taken climate change seriously and are actively enhancing their efforts at reporting their carbon footprints, boosting renewable energy use, and committing to net-zero carbon targets with actionable climate change strategy. COP26 will only heighten the […]
The Power of a Centralized ESG Management System to Streamline Company Acquisitions
Mergers and acquisitions are a common practice in today’s increasingly global world. In fact, according to Forbes April, 2021 article, “Global M&A [mergers & acquisitions] activity reached $1.3 trillion in value in the first quarter of 2021, according to data from Renfinitiv, the London-based market data provider, a 94% surge from the first quarter of […]
ESG Reporting: Integrated Thinking for ESG
A small group of practitioners have been working on the concept of green accounting for decades, arguing that only by placing a tangible, financial value on the environment can we properly manage and protect it. Critics argue that we need to value intangible assets in their own right, and reducing the human experience of nature […]
EU Taxonomy Explained: Breaking Down the 4 Criteria for Sustainability & ESG
European Union Taxonomy – A New Driver for Sustainability and ESG While the concept of Environmental, Social, and Governance (ESG) value has been discussed in the financial community for several decades, the last 12-18 months has seen an explosive growth in interest. Driven primarily by the rapidly escalating climate crisis, but also underpinned by concerns […]