The EU Taxonomy is a regulatory classification tool that helps investors, companies and financial institutions to define environmentally sustainable economic activities. It sets standardized requirements under which conditions corporate activities can be considered sustainable. The taxonomy does not ban investments in activities not labelled “green”, but it limits which ones companies and investors can claim…
Am Mittwoch, den 10.03.2022 fand das alljährliche CDP Europe Awards 2022 statt. Wie im letzten Jahr, fand die zweistündige Veranstaltung virtuell statt und konnte sowohl auf der Webseite von CDP, als auch bei Euronews verfolgt werden. Hierbei wurden die diesjährigen A-List Kandidaten des CDP Ratings gefeiert. Da die Teilnehmer wie im letzten Jahr nicht vor…
Hintergrund Bereits seit 2017 sind große börsennotierte Unternehmen im Rahmen der Non-Financial Reporting Directive (NFRD) der EU dazu verpflichtet, über Umwelt- und Gesellschaftsaspekte zu berichten. Mit der Corporate Sustainability Reporting Directive (CSRD) erfährt diese Richtlinie aktuell ein grundlegendes Update. Unter anderem wird ihr Geltungsbereich auf eine größere Zahl an Unternehmen ausgeweitet. Im Einklang mit anderen…
The debate on an ambitious climate target (Science-Based Targets) has increased among internationally active companies since the UN climate summit in Paris (COP21). The Paris Agreement marks a turning point for climate policy. Companies have a key role to play in achieving the COP21 goals. They have the opportunity to make an appropriate contribution to…
Until recently, companies have focused on estimating their own operational emissions under Scope 1 and 2. But setting emission reduction targets throughout the complete value chain is increasingly becoming a new business norm to mitigate potential risks and highlight a comprehensive approach towards supply chain partners and suppliers for creating beneficial synergies. So not only direct scope 1 from owned or controlled sources, and indirect scope 2 emissions from the generation of purchased electricity, steam, heating, and cooling consumed by the reporting company, also all other indirect up- and downstream Scope 3 emissions along the value chain, which present a substantial part of a company´s GHG emissions, gain increasingly more attention from businesses.
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…
In 2020 the Covid-19 (Coronavirus) pandemic has become a global crisis affecting societies and corporations in an unprecedented way. In March of 2020 most countries around the globe have taken measures in form of shutdowns/lockdowns to counter the pandemic. These counter-measures certainly pose a challenge for most corporations to maintain their business models. Some industries are affected…
More and more companies in the automotive supplier industry are confronted with increasing demands on the part of OEMs. These include, above all, queries on various sustainability issues via the so-called SAQ. What is it about? The SAQ[1] (Self-Assessment-Questionnaire) is a supplier questionnaire in the automotive (supplier) industry. It is part of an industry-wide long-term…
Immer mehr Unternehmen der Automobilzuliefererindustrie sehen sich mit steigenden Anforderungen seitens der OEMs konfrontiert. Hierzu zählt vor allen Dingen die Abfrage zu verschiedenen Nachhaltigkeitsthemen über den sogenannten SAQ. Worum geht es? Der SAQ [1] (Self-Assessment-Questionnaire) ist ein Lieferantenfragebogen in der Automobil(zulieferer)industrie. Er ist Teil einer industrieweiten Langzeitstrategie und hat das Ziel die Nachhaltigkeits-Performance der Lieferanten…
The GSSB (Global Sustainability Standards Board) that operates under the auspices of GRI (Global Reporting Initiative) is currently overseeing a project to review and update the content of GRI Waste disclosures related to GRI sustainability reports in the current GRI Standard 306: Effluents and Waste. Achieve best-practice disclosure of waste-related activities The main target of…
