Environmental, social and governance (ESG) risks are found in corporate practice in many ways, for example forest and bush fires in Australia, social unrest in other countries caused by lack of opportunity and perspective, and the changing role of corporations. With the global pandemic, the differences between the various social classes in terms of equal…
Klimawandel – kein Nischenthema mehr! Aufgrund steigender staatlicher Regulierungen sehen sich Unternehmen und ihre gesamte Lieferkette zunehmend gefordert, ihre Klimaziele mit den 2015 im Rahmen des Paris Agreements (COP21) beschlossenen Zielen in Einklang zu bringen. Dabei wurde das Ziel vereinbart, die globale Erwärmung auf 1,5°C oder 2°C im Vergleich zu vorindustriellen Zeiten zu begrenzen (UN, 2021). Doch…
Climate-oriented adaptation is becoming increasingly important for the financial sector. At the same time, it poses challenges for most sectors. For example, there is no single agreed decarbonisation pathway, the methodologies for tracking alignment are unclear, and this is further compounded by the poor quality of the underlying data. In addition, pioneering financial institutions face…
Every year on April 22, the World Earth Day is celebrated. This year’s motto „Restore our earth“ aims at emphasizing the potential of natural systems, developing green technologies, and innovative ideas that can revive the world’s ecosystems.
Science Based Targets (SBTs) are reduction targets calculated on a scientific basis to ensure global warming from the pre-industrial era is limited to well below 2°C, ideally 1.5°C. Developing SBTs and committing to the Science Based Targets initiative (SBTi) will allow companies to gain competitive advantages by reducing costs related to CO2 emissions and help score SBT points…
During a plenary debate in February 2021, the EU Parliament representatives agreed that achieving the goals of the European “Green Deal” will only be possible if the EU moves to a circular economy model and that this change will create new jobs and business opportunities. Furthermore, they stated that mandatory 2030 targets for material consumption…
From April 6, 2021, invited companies can open the CSA and from June 1, 2021 they can access the S&P ESG Indices as well as the Dow Jones Sustainability (DJSI) Indices. Companies are selected for inclusion in the Dow Jones Sustainability Indices (DJSI), S&P 500 ESG and several other sustainability indices on the basis of…
In February 2021 CDP has released its newest Global Supply Chain Report for the year 2020. The report is based on data and information submitted in the CDP Supply Chain program and provides meaningful insights regarding the supply chain impacts of environmental actions, such as climate-related emission reduction, water security and deforestation targets. The report…
To achieve its targets and align with the company´s vision and mission it is inevitable for an organization to take potential risks and opportunities into consideration. Since companies´ risks are embedded and in context with worldwide risks, topics which are regarded as worldwide pressing issues are at the same time company risks. Recently, the new Global Risks Report 2021 was published and provides an overview and estimation about the most pressing risks (WEF, 2021). To address current risks and recognize opportunities coming from them, the Carbon Disclosure Project (CDP) serves as a tool which supports companies to identify, assess and respond to climate-related risks and opportunities (CDP, 2021).
Seit längerem ist der Begriff der Nachhaltigkeit in Deutschland omnipräsent. So wird er vielfach benutzt, um Firmenhandeln positiv zu konnotieren oder Produkte grün zu bemänteln. Was damit gemeint ist respektive wie viel dieses selbstverliehene Siegel der Nachhaltigkeit tatsächlich noch wert ist, ist im Zweifelsfall jedoch nicht mehr ersichtlich. Eine Untersuchung der Universität Hohenheim lässt darauf…
