The financial sector has invested $4.6 trillion into the fossil fuel industry since the Paris Agreement. However, this figure does not account for the full scope of emissions related to financial activities, particularly those from financed emissions, known as Scope 3 emissions. When these are included, the financial industry's impact on global greenhouse gas (GHG) emissions is significantly higher, highlighting the critical need for comprehensive carbon accounting and reduction strategies.

Decarbonization is not just a necessity for the planet but a strategic opportunity for businesses. This article explores how companies can align their decarbonization efforts with growth, profitability, and stakeholder trust.

The Science Based Targets initiative (SBTi) has released the consultation draft of its Net-Zero Standard V2, aimed at helping businesses set clear, science-backed targets to reach net-zero emissions. This draft outlines the necessary steps and criteria for companies to follow in reducing their carbon footprint and achieving net-zero by 2050.

The "Sustainability Value Triangle" report shows how businesses can unlock value by integrating sustainability with finance and IT. The key to success lies in collaboration, data, and new technologies like AI.

Here at Sustaira, we get to know all of our employees very well and we want you to know them too! For every new team member, we ask them the following questions to learn about who they are and why sustainability matters to them. Today, we introduce Daria Kuvshinova. Read Daria’s interview and enjoy!

Investing in climate action is not just an environmental necessity but also an economic imperative. This article explores why allocating resources to mitigate and adapt to climate change can yield significant economic benefits and prevent substantial losses.

A recent collision between a U.S.-flagged oil tanker and a Portuguese-flagged cargo ship in the North Sea has raised significant environmental concerns. The incident resulted in a massive fire and fuel spill, highlighting the immediate need to improve current safety measures.

The Sustainability Standards Board of Japan (SSBJ) has issued its first set of sustainability disclosure standards aimed at aligning Japanese practices with international benchmarks. These standards, rooted in the International Sustainability Standards Board’s (ISSB) framework, aim to ensure comparability and enhance transparency in corporate sustainability disclosures.

Despite headlines suggesting the demise of ESG, the reality is a strategic reset rather than a retreat. Senior sustainability leaders emphasize the ongoing transformation and the critical challenges and opportunities ahead.

Despite the new U.S. administration's anti-ESG stance, CFOs remain committed to sustainability. A recent survey from BDO reveals that many companies plan to maintain or even increase their sustainability investments.

The European automotive industry's path forward was a focal point of the Strategic Dialogue's second meeting on March 3rd, where innovation, clean mobility, and competitiveness took center stage. Key actions have been outlined to tackle pressing challenges and to ensure the industry stays ahead in the global arena.

A recent report by Deloitte and the Institute of International Finance (IIF) reveals that 45% of financial firms now have a Chief Sustainability Officer (CSO), a significant increase from 15% in 2020. This shift underscores the growing importance of sustainability in the financial sector, though challenges in risk assessment and data quality remain.

Sustainability services and solutions provider, Sustaira announces 2024 as a record year since its inception in 2022, establishing triple digital growth year-over-year being fully bootstrapped and profitable with bold 2025 growth plans.

A recent survey by BDO reveals that 77% of CFOs plan to maintain or increase their sustainability investments in 2025. This strategic focus on sustainability is expected to drive significant business growth, profitability, and resilience.

The European Commission's Omnibus Proposal aims to simplify sustainability regulations, potentially saving billions and boosting investment. This initiative could significantly impact businesses and the EU's sustainability goals.

A recent KPMG Study explores how Artificial Intelligence (AI) is revolutionizing the role of Chief Sustainability Officers (CSOs) by providing advanced tools to tackle environmental, social, and governance (ESG) challenges. This article explores how AI is being integrated into sustainability strategies to drive impactful change.

Emerging market companies are increasingly turning to sustainable finance to meet rising decarbonization targets. A recent KPMG study reveals that 51% of these firms are leveraging sustainable finance options to drive their environmental goals.

A recent study by Workiva Inc. reveals that 85% of companies plan to continue their climate disclosures despite political shifts. This commitment underscores the growing recognition of sustainability reporting as a strategic advantage.

Switzerland has set a bold target to reduce its greenhouse gas (GHG) emissions by 65% by 2035, compared to 1990 levels. This ambitious goal aligns with the Paris Agreement and aims to significantly mitigate climate change impacts.

A recent survey by Datamaran reveals that 71% of companies have enhanced their board oversight of Environmental, Social, and Governance (ESG) issues under the Corporate Sustainability Reporting Directive (CSRD). This shift signifies a growing commitment to integrating sustainability into corporate governance.