The number of regulatory initiatives which are also requiring non-financial disclosure is growing rapidly. Between 2013 and 2018, there has been a 72% increase in the number of recorded regulations. Especially in the past years, this trend took an even broader and more defining role and are the reason of this CSRD related post. DFGE…
Buy consciously, dress sustainably, wear it longer, dispose it in an environmentally friendly way. Invest sustainably in our planet, it is the only home we have. Your clothes make people / sustainable, organic, fair – this is the motto for the Earth Day and formulates the requirement for each of us to commit to resource…
The S&P Global questionnaires for CSA 2022 will open on April 5, 2022 (DJSI) and May 5, 2022 (ESG Indices). Due to the growing interest of stakeholders in sustainability and climate change, it is becoming increasingly important for companies to make their sustainability efforts transparent. In addition to sustainability reports with environmental, social, and governance…
After three years of Covid, people around the world are undoubtedly tired of sliding from one crisis to the next. Especially compared to the ongoing pandemic and the Ukrainian war, other global crises seem to lose importance. Experts emphasize the danger of ignoring surfacing warning signs. Besides the ongoing pandemic, supply chain disruptions, inflation, debt,…
During the last couple of years, the number of climate neutral claims for individual products or by entire organizations has risen drastically. Numerous of such claims faced legal complications and government regulations, as seen for instance in France. Companies have gone even further by claiming to become climate positive or carbon negative in the near…
Environmental protection and sustainability are becoming more and more a trend. For many companies real measures to meet sustainability criteria are getting priority. Supply Chain Due Diligence Act and the Taxonomy under ESG regulation is intended to help with this. EU Green Deal & Taxonomy To enable Europe to become “the first climate-neutral continent in…
Sustainability and Circular Economy are not just a niche trend anymore. Well-known brands are using this consumer consciousness by producing so-called “green products” and by advertising their sustainability with an alleged circularity through various initiatives, like take-back programs, circular product design, as well as recycled -or biomaterials. But there is a lot that can go…
Rapidly rising electricity prices and shortages on the market are leading companies to increasingly secure access to their own green electricity. With the increased demand for renewable energies, interest in so-called Power Purchase Agreement (PPA) contracts is also growing. What is a Power Purchase Agreement ? Power Purchase Agreements (PPAs) are long-term electricity contracts between…
In September 2021, the EFRAG Working Group on European Sustainability Reporting Standards (PTF-ESRS) presented the Climate standard prototype working paper at its plenary meeting and subsequently published it on the EFRAG website. The working paper serves the purpose of transparency towards the public and is not a consultation document. The content of the working paper…
The newest CDP assessment results for 2021, published on December 7, provide a clear insight into the development of corporate transparency and the willingness by companies across the globe to undertake environmental action. This year a record-breaking 13,000+ companies reported their environmental data through CDP, submitting at least one of the available questionnaires (Climate Change,…
