The UN Global Compact and GRI have implemented an Action Platform called “Business Reporting on the SDGs” that aims to encourage businesses to include SDG reporting in their sustainability communication and relevant processes. Reminder: What are the SDG’s? SDGs is an acronym for Sustainable Development Goals which have been defined by the United Nations and…
Carbon compensation schemes empower businesses to accelerate the transition towards a low carbon future. Offsetting carbon emissions can furthermore send a strong message to stakeholders such as customers, employees and communities that your business is committed to paving the way for a sustainable future. But not every carbon compensation program generates the same positive impact.…
DAX® sets a new benchmark for sustainable German equity portfolios, the so-called DAX 50 ESG. It reflects the price performance of the 50 largest and most liquid shares on the German market while incorporating Environmental, Social and Governance (short ESG) criteria. The DAX can herewith provide investors with a new, and more sustainability-related index. According…
Carbon emissions in the supply chain can be fundamentally higher than those of a company’s operational carbon footprint. When discussing corporate emissions, most of us automatically start looking at electricity and other operational emission sources. But it is the Upstream Scope 3 emissions, and therewith the supply chain emissions, that often make up the largest…
Huge amounts of plastic waste in oceans and on land, landfills that cause pollution, animals struggling with our waste: These are only a few challenges humanity is facing at the moment linked to the conventional economic activity ‚produce, use, throw‘. One factor is that most business models at the moment are focused on linear growing…
The Task Force on Climate-related Financial Disclosures, short TCFD, announced just a few months ago that it is now supported by more than 1,000 organizations. This implies a significant shift among market actors towards the acknowledgement that climate change can pose major financial risks to organizations. TCFD supporters now have a combined market capitalization of…
You are looking for a short feedback before submitting your CDP answer? Opt for a CDP Response Check by DFGE! CDP deadline is approaching Companies must answer a variety of questions about their CO2 emissions, climate risks and opportunities, as well as reduction targets and strategies. By 26 August 2020, this information on climate change and…
What’s the ROI of CSR? In the corporate world of hard (monetary) facts and figures this question is raised quite a lot – especially from high level executives. It might be argued that „doing good things“ always makes sense. But in the end many activities and decisions are also investment decisions. Corporate Social Responsibility in…
The United Nations Sustainable Development Goals (SDG’s) are a set of 17 goals and 169 specific targets (Figure 1) as part of the 2030 Agenda for Sustainable Development. This agenda aims to provide peace and prosperity for all people and for the entire planet. All 17 goals are connected, built on a holistic approach and…
The Carbon Footprint is a descriptive, widely-used term for the greenhouse gas emission balance of an entire organization, or alternatively, of a single product or service. It includes emissions of carbon dioxide (CO2) and other greenhouse gases (measured in CO2 equivalents / CO2-eq). In the case of an organization like a company or public institution,…
