With the Paris Agreement of 2015, more than half of the global economy has committed to reducing greenhouse gas (GHG) emissions while investing efforts into the removal of GHG from the atmosphere. This is to meet the Paris Agreement goal of limiting temperature rise to „well below 2°C“ as well as to ensure compliance with…
Sustainability reporting is growing at a rapid pace. Over the years, sustainability reporting has become more widespread globally, both in terms of geography and the number of sectors of industry. A recent report, “The KPMG Survey of Sustainability Reporting 2020,” found that 80% of companies (mid- and large-cap firms) worldwide report on their sustainability progress.…
CDP as a key player in climate reporting and other areas of sustainability Extended Partnership: CDP stands for one of the longest established and largest initiatives for sustainability reporting taking supply chains into account. Launched almost twenty years ago as the Carbon Disclosure Project, CDP has successively expanded its collection of climate-related data to include water…
In preparation for the 2021 United Nations Climate Change Conference, also known as COP26, a Nasdaq Corporate Platform conducted a survey among large asset managers to comprehend which climate change topics they included when examining companies. The results of this survey on investor demand for climate data will be discussed in the following sections. Announcements…
The Science Based Target Initiative (SBTi) experienced exponential growth over the last year in terms of companies committing to reduce their emissions in line with a 1.5°C pathway to prevent the worst impacts of climate change. In 2021, the number of companies that set and committed to science-based targets has doubled. In addition to that,…
Many companies today are quick to give themselves a „green label“, also with regard to their products – but they often make themselves look greener than they really are. Greenwashing is a complex issue and unfortunately still very topical. The line between a sustainable approach and clear greenwashing is not always recognisable, but it is…
In the wake of the increasing impact of climate change, many firms have started to sell their products as „climate neutral“. For companies, this means at first reducing their greenhouse gas emissions as much as possible and then, fully offsetting the remaining emissions.But different countries have different requirements in this regard. In France, the Law to Combat Climate Change and Strengthen Resilience to its Impacts was passed demands much stricter regulation regarding the advertising of products with the label „climate neutral“. Discover how to market your products in compliance with French regulation.
Are you looking for quick feedback before submitting your CDP response? Then you might consider a CDP response check by DFGE. CDP deadline approaching Again, thousands of companies were asked to report in the CDP Climate Change Program this year. The requests came from both investors and customers. Companies are required to answer a variety…
Ambition In late 2021, a global survey from Deloitte asked over 2000 CxOs across 21 countries about their motivation to tackle climate change, the ambition of their organizations and the impact of their actions. The survey showed the following results relating to the motivation behind climate action: Approximately two-thirds of executives answered their organizations are…
More and more companies commit to climate neutrality or net zero by a certain year. Corporates now have climate strategies and targets which are public and which include pledges that appear to significantly reduce, or even eliminate their contributions to global warming. Although, instead of reaching this goal, the corporates will only manage a reduction…
