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…
What does ESG stand for? The abbreviation ESG has become indispensable in today’s world, as companies are increasingly focusing on an ESG strategy and ESG criteria. E stands for Environment, S for Social, and G for Governance. The basic idea is to align the entire company structure and culture as well as its business models…
“Only one Earth” is the motto of this years World Environment Day on 5th of June 2022. It’s time to heal the planet Climate change, waste and biodiversity losses are already affecting our daily life. Besides that, energy and food crisis contribute to an increase in conflicts around the world. To solve these problems, we…
The CSO – an increasingly important position for companies Just a few years ago, sustainability was not seen as a priority by most companies and not taken into account in important management decisions. As sustainability is now moving into focus for many companies, there is also a job role, which is becoming increasingly important: The…
Revising the CoP: Background and Rationale About CoP and UNGC: The UN Global Compact (UNGC), a non-binding United Nations pact, encouraging firms and businesses to think of and adopt and report on more sustainable methods. To ensure a more straightforward reporting experienced it has identified 10 principles (The Ten Principles | UN Global Compact) forming…
Science-based Targets (SBTs) are targets that show companies and financial institutions a clear pathway to reduce their greenhouse gas emissions to prevent the worst effects of climate change. They classify as “science-based” as they follow the latest climate science insights on how to meet the goals of the Paris Agreement – ensuring that global warming…
The number of regulatory initiatives which are also requiring non-financial disclosure is growing rapidly. Between 2013 and 2018, there has been a 72% increase in the number of recorded regulations. Especially in the past years, this trend took an even broader and more defining role and are the reason of this CSRD related post. DFGE…
Buy consciously, dress sustainably, wear it longer, dispose it in an environmentally friendly way. Invest sustainably in our planet, it is the only home we have. Your clothes make people / sustainable, organic, fair – this is the motto for the Earth Day and formulates the requirement for each of us to commit to resource…
The Carbon Disclosure Project (CDP) season 2022 has officially started. Already in January of this year CDP has released its 2022 questionnaire and reporting guidances for Forest, Water Security, and Climate Change. The updated scoring methodologies for all questionnaires, i.e. the exact information on how CDP scores each question, was released in March. As of…
End of March the US Securities and Exchange Commission (SEC) released its proposed rules to enhance and standardize climate-related disclosures for publicly traded companies. The proposed regulations go hand in hand with the increasing importance of climate-related issues on the capital markets thus rising transparency requirements. In this blog post, we will give you a…
