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…
Corporate carbon footprint calculations function as the basis for all necessary steps regarding a climate strategy – whether this is a science-based target setting, the identification of effective reduction measures, the compensation of unavoidable residual emissions to achieve climate neutrality or the participation in disclosure programs such as CDP. However, calculating one´s corporate carbon footprint…
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,…
The race to net zero is on! The overarching goal of COP26 was to limit global warming to 1.5 instead of 2 degrees Celsius. With the conference in Glasgow just ending last weekend – what are the most important take-aways? There has been progress in some singular areas as heads of state, policy-makers, and industry…
The supplier rating platform EcoVadis has published this year´s Sustainability Risk and Performance Index 2021. The following will provide a short overview on the most important findings of this year’s Risk and Performance Index.
Every life on our planet is dependent on the well-functioning of the marine ecosystem. But water resources and marine ecosystems are endangered. Since businesses emit a large amount of greenhouse gases, they are largely responsible for this heating. To make companies accountable and address the urgent need to protect the water and marine resources, CDP included new water-related questions into its questionnaires.
The complexity of life on earth, with its variety of animals, plants, fungi and bacteria, known as biodiversity, is fundamental to life on this planet and the prosperity of species. Although many species on land and in water are already known to us, millions are yet to be discovered. Scientists are also finding that an…
Slowly moving away from the COVID-19 lethargy and processing the latest IPCC report, the climate crisis has been omnipresent during the past couple of months. To limit global warming to 1.5°C, many countries have committed to drastically reduce greenhouse gas emissions and reaching Net-Zero. This however requires a comprehensive transformation across politics and all economic…
Join the Race to Zero through the SBTi Business Ambition for 1.5°C Campaign This SBTi webinar for COP26 preparation provides a detailed overview of the importance of setting ambitious science-based targets (SBTs). The session covers the SBTi Business Ambition for 1.5°C Campaign commitment model for net-zero targets and 1.5°C aligned SBTs, key SBTi criteria, and…
The message of the SBT Initiative is clear: global emissions need to be halved by 2030. This great challenge needs a collective approach, through setting SBTs with supplier engagement targets. For most companies and their widespread supply chains, the scope 3 emissions are representing the majority of the companies GHG-inventory. For better reduction efforts, corporations…
