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…
Five global standard setting organizations have launched a common report towards one single and global set of reporting standards for comprehensive corporate reporting. Five key global organisations for comprehensive corporate reporting The five organizations GRI, CDP, Climate Disclosure Standards Board (CDSB), International Integrated Reporting Council (IIRC) and Sustainability Accounting Standards Board (SASB) have agreed on…
Carbon pricing applies market-based mechnisms to accelerate the transition towards a low carbon future. The main idea behind the aspect of carbon pricing is the “polluter pays” principle. Putting a price on carbon implies that the organizations and businesses which are responsible for emitting greenhouse gases into the atmosphere are also held accountable for their…
The international standard ISO 14068 for „Greenhouse gas management and related activities – Carbon Neutrality“ is to provide clear definitions for CO2 neutrality. The climate crisis is prompting politicians, administrators and businesses to respond to this global challenge with increasuing demands for carbon neutrality. Public and private organizations of all kinds are spurring efforts to…
