The background EcoVadis is a supply chain assessment which helps companies to understand and quantify sustainability risks within their supply chain. Unlike individual questionnaires or very specific ones like CDP, EcoVadis offers a standardised approach which is able to compare the performance of companies with entirely different profiles on a rating scale from 1 (bad)…
What is the EcoVadis Sustainable Procurement Barometer? The EcoVadis Sustainable Procurement Barometer is a biennial study series, started in 2007, which showcases sustainable procurement developments and practices of companies from all sectors. The report consists of a buyer and a supplier survey, each of which is created using data from online questionnaires and in-depth interviews…
On September 23, 2019, the Climate Action Summit took place in New York, where leaders from governments, businesses and civil society announced significant and far-reaching steps to combat climate change. “The best science, according to the Intergovernmental Panel on Climate Change, tells us that any temperature rise above 1.5 degrees will lead to major and…
Due to increasing requirements in the pharmaceutical industry, DFGE introduces the PSCI and especially its established pharmaceutical industry principles for responsible supply chain management in the following. What is the PSCI? The Pharmaceutical Supply Chain Initiative (PSCI) is an initiative formed as a non-profit business membership in 2006, which is addressing challenges, such as supply…
DFGE introduces a new interactive Software-as-a-Service (SaaS) tool which enables companies to both set up science-based emission targets (SBTs) and develop a strategy on how to meet them at the lowest costs. More and more companies quantify their greenhouse gas emissions (Carbon Footprint), report them publicly (e.g. via CDP) and set up science-based emission targets…
The DJSI 2019 results were released last Friday (13/09/2019). The DJSI, or Dow Jones Sustainability Index, is a stock exchange index, which includes Environmental, Social and Governance (ESG) criteria into the ranking. DJSI 2019: Participation keeps increasing In March 2019, a total of 3,519 companies were invited to take part in the Corporate Sustainability Assessment…
DFGE has recently published the new whitepaper “Closed-loop value chains: how to move towards a circular business model”. In this paper, DFGE demonstrates how a business can create a loop value chain in which no ‘waste’, such as food waste, packaging or energy, is generated. The term ‘circular economy’ has evolved into one of the…
The first TCFD report In 2017, the first TCFD report has been released. This covered the basic recommendations for implementation. Now, in June 2019, their second status report has been published. It focussed on the status quo and the implementation amongst companies. TCFD, the Taskforce for Climate-related Financial Disclosure, published a first report with the framework for…
Along with movements, such as Friday for Future many people increasingly feel “climate responsible”. Sustainability has become more than just a trend on YouTube. We are increasingly aware that travelling is a major factor contributing to climate change. There are several ways to start with Green Travelling. We present you 3 levels: From easy, to…
Climate change is ongoing and a current topic in media and society. Also, cities are nowadays and will be impacted in future by effects of climate change. In prior, this is related to a rise in temperatures for most of the major cities, further intensified by buildings, asphalt, air conditioning, etc. This could result in…
