The two global leading sustainability reporting standards GRI (Global Reporting Initiative) and SASB (Sustainability Accounting Standards Board) are planning to align their frameworks in order to bring sustainability reporting one step closer to the financial mainstream and, in prior, to investors. The two initiatives announced that ahead of the Global Climate Action Summit (GCAS) which…
The DJSI 2018 results were released today (13/09/2018). The DJSI, or Dow Jones Sustainability Index, is a stock exchanges index, which includes Environmental, Social and Governance (ESG) criteria into the ranking. DJSI 2018 Process: increased participation In March 2018, a total of 3,504 companies was invited to take part in the Corporate Sustainability Assessment or…
In mid-September (12th until 14th September 2018) the Global Climate Action Summit will take place in San Francisco in order to push action against climate change and to ‘take ambition to the next level’. The overarching goal of the event is to promote the decarbonization globally as well as to raise further awareness regarding climate…
In early August, the initiatives GRI (Global Reporting Initiative) and UNGC (United Nations Global Compact), with the support of Shift and PWC, published a practical guide in order to support companies in targeting their impact on the SDGs (Sustainable Development Goals), to measure and to integrate it more adequately into the corporate (sustainability) reporting. Sustainability…
Almost one-third of all food produced worldwide is discarded every year due to various causes and is not used. This corresponds to almost 1.3 billion tons per year (see FAO, 2011). Statistically, all food produced in Germany by the beginning of May end up in waste, which corresponds to around 18 million tons (see WWF,…
Aside from the price, non-financial factors increasingly play a role when making purchasing decisions. Large corporations face mounting pressure to not only demonstrate sustainability practices within their own organisation but also along their supply chain. Due to this, the resulting number of audits has presented suppliers with a variety of challenges: often, a multitude of…
Scenario analyses are of high relevance in the context of strategic management in order to prepare a company for various future stages. Their functional applications are extremely diverse. The following blog post provides an overview of what scenario analyses are and in which contexts this tool can be used, especially in relation to sustainability and…
Last Sunday, the GRI transition stage of the Global Reporting Initiative (GRI) regarding its adjusted reporting standard expired. The de facto standard for sustainability reporting is finally entering a new stage. For companies reporting their non-financial information with GRI, since 1 July 2018 it is no longer possible to publish a sustainability report in accordance…
The CDP season 2018 has already started. For big and repeater companies the data collection stage should be almost in its final phase. To ensure the completeness of their answers based on the new methodology, companies have the opportunity to have a ‘high level’ CDP Check by the DFGE. CDP: a changed questionnaire and system…
June 18th is the day of sustainable gastronomy. This was launched by the Food and Agriculture Organization of the United Nations. In probably no other topic does sustainability play a more important role than food. The idea of sustainability is one of the most important developments in the food industry. Consumers demand transparency in the…
