The latest from Sustaira.

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EU’s New Initiative to Simplify ESG Reporting

On November 8, 2024, European Commission President Ursula von der Leyen announced a groundbreaking initiative to consolidate various ESG reporting obligations into a single regulation. This move follows the Budapest Declaration, which emphasized the need for a "simplification revolution" to create a clear, simple, and smart regulatory framework in the EU.

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Deloitte Insights: A Path to Global Nourishment

Transitioning to sustainable food systems could lift 300 million people out of undernourishment and meet the nutritional needs of 1.6 billion more by 2070. Deloitte's report, Turning Point: Feeding the World Sustainably, highlights the economic and social benefits of transforming global food production to address climate change and food security.

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EY Release 2024 Global Climate Action Barometer

Despite increasing awareness of climate risks, only 41% of global companies have published a climate transition plan, according to the 2024 EY Global Climate Action Barometer. This highlights a significant gap in corporate climate action, posing a threat to achieving global environmental goals.

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China’s Landmark Energy Law: A Step Towards Carbon Neutrality

China has passed its first-ever energy law, set to take effect on January 1, 2025, marking a significant step towards carbon neutrality by 2060. This comprehensive legislation addresses various aspects of energy management, aiming to ensure sustainable and secure energy growth.

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EU Emissions Drop by 8% in 2023

The European Union achieved an impressive 8% reduction in greenhouse gas emissions in 2023, marking the largest annual drop in decades, second only to the COVID-19 pandemic year of 2020.

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Bloomberg Insights: Advancing the ESG Data Ecosystem

A recent Bloomberg report discusses the critical need for decision-useful ESG data and the emerging standards designed to address data quality and coverage issues. This advancement is crucial for investors navigating the evolving landscape of sustainable finance.

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BSR Report: C-Suite Collaboration Key to Ambitious Sustainability Goals

BSR’s recent report “The CSO at a Crossroads” highlights that 83% of Chief Sustainability Officers (CSOs) believe collaboration with other C-Suite leaders is crucial for driving ambitious sustainability goals. This teamwork is essential for aligning sustainability with core business functions.

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KPMG Releases 2024 ESG Due Diligence Study

A recent KPMG study reveals that 61% of investors in the European Market for Alternative Investment Funds (EMA) prioritize ESG due diligence, driven by the potential for monetary gains.

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Climate Week 2024 Highlight: Sustaira Expands Sustainability and AI Collaboration Into Global Alliance Partnership With Capgemini

During Climate Week in New York City and a week after the launch of Sustaira’s Sustainability Marketplace, Capgemini expands its collaboration into a Global Alliance Partnership with Sustaira. The two companies have already co-created a portfolio of flexible solutions that combine Capgemini's AI and domain expertise with the speed and agility of Sustaira’s Sustainability Platform. Solutions include the Carbon Visualizer, AI-enabled Net Zero Forecaster, Sustainability Scenario Planner, and Supplier Risk Monitoring.


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