How the Value Reporting Foundation (VRF) Supports Sustainable Financeโand Why It Matters for Your Business
A most noteworthy takeaway of the recently completed COP26 event in Glasgow was the announcement on โFinance Dayโ that nearly 500 global financial services firms agreed to align $130 trillionโsome 40% of the worldโs financial assetsโwith the climate goals set out in the Paris Agreement, including limiting global warming to 1.5 degrees Celsius. This commitment […]
Benchmark Gensuiteยฎ Recognized by Gartnerยฎ as Representative Vendor of Supplier Sustainability Applications
The need for responsible sourcing and supply chain sustainability is present and quickly evolving. According to Gartnerยฎ, โSupplier 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?โ […]
EU Taxonomy Explained: Breaking Down the 4 Criteria for Sustainability & ESG
European Union Taxonomy โ 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 […]
5 Reasons Your Organization Should Adopt Sustainability Management Programs
Consumers are increasingly demanding businesses go green, which has pushed many industries to adopt sustainability management programs to increase sales and customer satisfaction. Organizations must now be able to align their operations with improved industry standards while responding to consumer demand. Benchmarkย Gensuiteยฎย helps companies to do just that. Recently recognized in theย 2021 Green Quadrant reportย byย Verdantixย as a […]
The New Face of Investing โ ROI on Sustainability Best Practices
Traditionallyย the fundamental driverย behind stock marketย investmentย has been the assessment of the financial performance of a stock. Sustainable investing, however, is becomingย a mainstream evaluation mechanism influencing investment decisions across financialย markets. Investorsย are conscious of companiesโ effectย onย theย environment, people, and communitiesย in whichย they operate.ย Through variousย engagement avenues, investors are looking to hold companies accountableย to integrateย sustainable business practicesย within their operations and be transparentย about […]
Managing the 4 Elements: Environmental Regulatory Compliance & Sustainability
What is Mother Earth made of?ย Herย composition comes from the four elements: earth, air,ย fire,ย and water. These four elementsย reflectย recentย EPA (Environmental Protection Agency)ย initiatives as well.ย The EPA introducedย bothย the EPAโsย Clean Air Actย andย Clean Water Actย in 2016. With new regulatory rules, comes a greater need for environmental management and compliance. Particularly major powerhouses, like power plants and hydraulic fracturing companies, that need […]