Results & Key Findings of COP29 The 29th session of the Conference of the Parties (COP29) to the United Nations Framework Convention on Climate Change (UNFCCC) concluded with some interesting outcomes. Held in Baku, Azerbaijan, COP29 focused on increasing climate finance, operationalizing carbon markets, and enhancing global cooperation to address climate change. New Global Climate…
The first international standard for certifying greenhouse gas (GHG) neutral organizations and products, ISO 14068-1, was published in November 2023. As part of the ISO 14060 family, this standard builds on existing guidelines for GHG quantification, reporting, validation, and verification. ISO 14068-1 provides a comprehensive framework for achieving carbon neutrality, offering clear definitions, principles, and…
In 2024, the Science-based Targets for Nature (SBTN) made significant strides to assist companies and cities in setting Science-based Targets (SBTs) for nature conservation. A key development was the appointment of the Global Commons Alliance Accountability Accelerator (GCAAA) as the interim validation provider for these targets. This marks a new milestone in sustainable business practices…
Looking for a Quick CDP Support? Choose DFGE! As the CDP deadline approaches, many companies are once again being asked by investors and customers to participate in this year’s CDP Climate Change Program. Responses need to be entered into CDP’s updated platform by September 18, 2024. CDP faces respondents with significant changes this year. They integrated the…
Background The European Union (EU) has emerged as one of the global leader in climate policy, driven by the urgency of addressing climate change and transitioning towards a sustainable future. In the context of climate change, the Corporate Sustainability Reporting Directive (CSRD) represents one key element in the EU’s regulatory approach to integrating climate-related disclosures into…
CSRD-compliant towards NetZero A viable climate strategy and its concrete implementation is an indispensable prerequisite for companies to survive in the market in the medium and long term. However, measurable targets and specific measures to achieve climate targets will also become a legal obligation when the Corporate Sustainability Reporting Directive (CSRD) comes into force. The…
Reduction of the Carbon Footprint by concrete measures The basis of any corporate climate strategy is the understanding of the company’s current carbon footprint (Corporate Carbon Footprint – CCF), i.e. the amount of CO2 emissions the company is currently emitting in each emission category. Greenhouse gas (GHG) emissions consist of Scope 1 emissions (direct emissions,…
In a world where sustainability is not just a buzzword but a critical imperative, organizations face mounting pressure to transparently disclose their environmental impacts and efforts to mitigate climate change. CDP has long been at the forefront of this movement, providing a platform for companies to measure, manage, and disclose their environmental data. Now, in…
The World Economic Forum’s (WEF) Global Risks Report is an annual publication that identifies the key risks the world could face over the next decade. This year’s WEF Global Risks Report 2024, among other topics such as misinformation and disinformation or societal polarization, highlights the critical importance of climate-related issues, emphasizing them as the most…
EcoVadis users can expect a great innovation in the platform in Q2 2024 – we would like to briefly introduce you to these new features and explain how you can benefit from them: Revamped Sustainability Scorecard: EcoVadis launches a new version of the sustainability scorecard. The design will be updated and the level of detail of…
