
Sustainability and ESG News
Understanding the Net-Zero Standard V2: Key Insights for Businesses
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: A Path to Business Success
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.
BCG Insights: Investing in Climate Action
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.
North Sea Collision: Environmental and Industry Impacts of the Tanker Disaster
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.
Japan Aligns with Global Trends: SSBJ Rolls Out New ESG Disclosure Standards
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.
The Resilient Future of ESG: Insights from the Ispos ESG Council
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.
CFOs Double Down on Sustainability Despite Political Headwinds
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 Future of Europe’s Automotive Industry
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.
Deloitte and IIF Report: Financial Sector’s Sustainability Surge
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.
BDO Survey: CFOs Double Down on Sustainability
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.
Simplifying Sustainability: The EU Omnibus Proposal
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.
KPMG Insights: The Role of AI in Enhancing Sustainability Efforts
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.
KPMG Study: Emerging Markets Embrace Green Investments
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.
Corporate Resilience: Companies Maintain Climate Disclosures Amid Political Shifts
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's Ambitious Climate Goals: A 65% Emissions Reduction by 2035
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.
Datamaran Survey: Strengthening ESG Oversight
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.
New Zealand's Bold Climate Commitment: Aiming for 51-55% Emission Cuts by 2035
New Zealand has set an ambitious target to reduce its greenhouse gas emissions by 51-55% below 2005 levels by 2035. This commitment aligns with the Paris Agreement and aims to position New Zealand as a leader in global climate action.
The ESG-Profitability Connection: A New Era for Sustainable Business
A recent study by the Center for Sustainability and Excellence (CSE) reveals a striking 92% correlation between high ESG performance and profitability among top companies in the US and Canada. This finding underscores the growing importance of sustainability in driving corporate success.
The European Commission's Competitiveness Compass: A Strategic Framework for Sustainable Growth
The European Commission has unveiled the Competitiveness Compass, a strategic initiative aimed at enhancing the EU's economic resilience and sustainability. This framework outlines key priorities and actions to drive competitiveness while addressing environmental, social, and governance (ESG) challenges.
Milestone for the Science Based Targets Initiative
The Science Based Targets initiative (SBTi) has reached a significant milestone with over 10,000 businesses committing to sustainability goals. This achievement highlights the growing recognition of the importance of climate action for long-term business success.