Companies that are seriously dealing with the topics of climate change and sustainability will sooner or later need to re-launch their business model. When all “low-hanging fruits” are picked a company has no choice but to dig deeper and find more ways to fulfil their climate goals, implement their climate strategy and complete their reduction…
DFGE published this article on 16 June 2021. Since the CSRD is subject to ongoing changes, check here for the latest status and learn everything you need to know. After the European Parliament’s 2018 call to action to further develop the scope of the existing Non-Financial Reporting Directive (NFRD), the European Commission has now (on…
World Environment Day is the United Nations day for encouraging worldwide awareness and action to protect our environment. Since it began in 1974, the event has grown to become a global platform for public outreach. The theme for 2021 is “Ecosystem Restoration”.
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…
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…
