Drive sustainability is an automotive partnership which aims to drive sustainability throughout the automotive supply chain by promoting a common approach within the industry and by integrating sustainability in the overall procurement process. If you are an automotive supplier, it is highly likely that you will have to answer to request from them. Drive sustainability: 11 automotive manufacturers with a…
In short, Circular Economy (CE) is about creating closed loop material flows keeping products, components and materials at their highest utility and value and use them through multiple lifecycles. It is also about waste prevention, resource efficiency, leakage minimisation and dematerialisation: Raw materials are added for manufacturing and re-manufacturing of products or components already in…
In 2020 the UN Global Compact has released a new SDG implementation framework for companies to raise ambition and embracing new technologies for the integration of the Sustainable Development Goals (SDGs) and Ten Principles into their business strategy, operations and stakeholder engagement management. Decade of Action 2030 With the 17 SDGs which were adopted by…
An interview with Mr. Manuel Meneses, Global Reporting Initiative The DFGE – Institute for Energy, Ecology and Economy is part of the GRI Community. GRI is an independent international organization that has pioneered sustainability reporting since 1997. The GRI community helps foster links between organizations, to shape the future of reporting. DFGE welcomes this initiative to…
Businesses are increasingly interested in estimating and making claims about the greenhouse gas (GHG) emission impacts of their products and services. While they increasingly account for their Scope 1, 2 and 3 emissions, there is now a new concept gaining importance, namely Scope 4 emissions. Scope 4 emissions describe emissions that can be avoided through…
EcoVadis Index 2020 – Gain insights from Global Supply Chain ratings of more than 40,000 companies worldwide The supplier rating platform EcoVadis has published this year´s Sustainability Risk and Performance Index – The EcoVadis Index 2020. It illustrates EcoVadis ratings of over 40,000 companies worldwide which have been rated by the platform between 2015 and…
In January 2020, S&P Global announced that it has successfully completed the acquisition of the ESG ratings as well as ESG benchmarking units from RobecoSAM. The ESG ratings business includes the well-known Corporate Sustainability Assessment (CSA) from RobecoSAM. This blog post introduces you to S&P and RobecoSAM, describes how they are connected and shares further information.…
Investors play a critical role in tackling the challenges humanity is facing at the moment. Due to the portfolios and assets they manage, investors have a huge impact on financial markets and economic activities. Their investments decide about how money is used. Responsible investments can mobilize financial markets to drive economy into a more sustainable…
When it comes to responsible investment, there is especially one term taking the stage, namely environmental, social, governance – short ESG. (Hong 2019) According to the United Nations-supported organization Principles for Responsible Investment, sustainable financial systems reward long-term investments and benefit the society and the environment as a whole (Principles for Responsible Investment 2019). Successful…
Companies interested in bringing their CO2 emissions towards ‚Net Zero‘, should pay attention to the newest report of the Science Based Targets Initiative (SBTi) published this September. This report recognizes offsetting and neutralization of CO2 emissions as valid tools in the transition to a ‚Net Zero‘ status and presents five potential strategies to achieve a…
