Benchmark Gensuite®’s Public Comment on the U.S. Securities and Exchange Commission’s Proposed Corporate Climate Risk Disclosure Rule
June 15, 2022 ATTN: Secretary Vanessa Countryman U.S. Securities and Exchange Commission 100 F Street NE Washington, D.C. 20549-1090 Re: Public Comment on Enhancement and Standardization of Climate-Related Disclosures for Investors Proposed Rule—Release Nos. 33-11042; 34-94478; File No. S7-10-22 Dear Secretary Countryman and Colleagues, It is with great enthusiasm for my civic duty that I […]
Reflections on the 2022 Benchmark Gensuite® Impact Conference
Upon returning home from Benchmark’s annual customer conference—Impact 2022—I couldn’t help but take issue with something I read in that week’s edition of The Economist, a favorite magazine of mine. In a piece entitled “The woolliest words in business,” the magazine’s work and business management column, Bartleby, sought to contest the increasingly unquestioned ubiquity of corporate […]
5 Steps to Effectively Manage Sustainability Risks in Business
Business Sustainability Risk Management Organizations worldwide are under pressure to comply with global and regional environmental regulations. From opting for renewable energy resources to using sustainable materials in production, businesses actively seek ways to align their profit goals with environmental policies. To ensure business sustainability, your organization needs to consider the environmental, economic, and social […]
Simplifying Emissions Reporting: How to Ensure You’re Prepared for the SEC’s Scope 3 Mandate
In recent years, companies around the world have felt increasing pressure to disclose Environmental, Social, and Governance (ESG) data to satisfy investors and various internal and external stakeholders. Today, the trend toward mandatory reporting is accelerating—most recently reflected in the March 21, 2022 release of the U.S. Securities and Exchange Commission (SEC) proposed rule mandating […]
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 […]
Creating Dynamic EHSQ Solutions to Meet Customer’s Evolving Needs: From Benchmark Champion Paul Bender
When it comes to achieving business success, customer-centricity should be a critical component. However, this is much more than ensuring that customers are satisfied with your products and services. It is about fostering a community where customers can share their experiences—both good and bad—and provide insights into their current and future needs. For the […]
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 […]
Benchmark Gensuite® Recognized by Gartner® as Representative Vendor of Supplier Sustainability Applications
The need for responsible sourcing and supply chain sustainability is present and quickly evolving. According to Gartner®, “Supplier sustainability applications enable organizations to collect and assess supplier performance on responsible sourcing requirements covering environmental, social and governance (ESG) issues. They provide organizations the ability to respond to a critical question: How sustainable are my suppliers?” […]