How ESG Reporting Benefits SMEs in Finance and Stakeholder Relations
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Grasping EFRAG’s Draft Sustainability Reporting Standards For small and medium-sized enterprises (SMEs), it’s crucial to become well-acquainted with the European Financial Reporting Advisory Group’s (EFRAG) draft standards for sustainability reporting. These standards mimic the regulatory reporting requirements seen in the financial sector and among larger corporations. Adopting these standards goes beyond mere compliance; it’s a […]
From ESG to Sustainability
![From ESG to Sustainability](https://cse-net.org/wp-content/uploads/2024/07/From-ESG-to-Sustainability.jpg)
The sustainability sector is undergoing a significant transformation, particularly evident in the way financial institutions are rebranding and repositioning their focus. The once prominent term “ESG” (Environmental, Social, and Governance) is being gradually replaced with “sustainability” as financial firms adapt to the shifting political and economic environment in the United States. The Changing Terminology: […]
Preparing for the Next Wave of DEI Litigation: What Companies Need to Know
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The recent Supreme Court ruling against affirmative action in college admissions has sparked significant backlash against corporate Diversity, Equity, and Inclusion (DEI) initiatives. Within weeks of the decision, Republican attorneys general from 13 states issued a stern warning to Fortune 100 CEOs, condemning their DEI practices and threatening legal action for “illegal preferences” in employment […]
Understanding the Alignment Between GRI Standards and ESRS
![Understanding the Alignment Between GRI Standards and ESRS](https://cse-net.org/wp-content/uploads/2024/07/Blogs-17-1.jpg)
The landscape of sustainability reporting is undergoing significant changes with the introduction of the European Sustainability Reporting Standards (ESRS) under the Corporate Sustainability Reporting Directive (CSRD). For companies already utilizing the Global Reporting Initiative (GRI) standards, the good news is that there is a strong alignment between GRI and ESRS, making the transition smoother and […]
Understanding Bill C-59: Enhancing Canada’s National Security Framework
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Bill C-59, titled “An Act respecting national security matters,” is a comprehensive piece of legislation in Canada aimed at reforming and enhancing the country’s national security framework. This blog will delve into the key components of Bill C-59, its requirements, and its implications, particularly for those involved in Sustainability ESG Training programs. Key […]
Navigating the Future of Sustainability: EU’s Green New Deal and Corporate Responsibilities
![Navigating the Future of Sustainability: EU's Green New Deal and Corporate Responsibilities](https://cse-net.org/wp-content/uploads/2024/07/Navigating-the-Future-of-Sustainability-EUs-Green-New-Deal-and-Corporate-Responsibilities.jpg)
The European Union’s vigorous promotion of the Green New Deal is a pivotal initiative aimed at ensuring environmental sustainability, economic revitalization, and social equity. This ambitious plan reaffirms the EU’s leadership in global environmental efforts, compelling corporations to swiftly adapt to new sustainability standards. For professionals in the field, understanding these evolving regulations is crucial. […]
Navigating Towards Net Zero: The Superyacht Industry’s Journey
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What is Net Zero? Net Zero refers to achieving a balance between the greenhouse gases emitted into the atmosphere and those removed from it. This equilibrium is reached through a mix of emission reductions and methods to absorb or offset remaining emissions, such as reforestation or carbon capture technologies. The primary aim of Net Zero […]
The Shifting Landscape of Climate Disclosures: SEC and California’s Impact on Businesses
![Climate Disclosure](https://cse-net.org/wp-content/uploads/2024/07/Blogs-17.jpg)
In 2024, the Securities and Exchange Commission (SEC) released a groundbreaking final rule on climate-related disclosures for businesses, sparking immediate legal challenges across multiple jurisdictions. Simultaneously, California passed its climate-related disclosure laws, SB 253 and SB 261, in 2023, and SB 1305, also facing legal scrutiny. These legislative moves represent significant shifts in regulatory landscapes […]
Sustainable Yachting: Steering Towards Net Zero Emissions
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Sustainable yachting is emerging as a crucial focus within the maritime industry as environmental concerns continue to grow. Superyachts, celebrated for their luxury and opulence, often face criticism for their high fuel consumption and environmental impact. However, the yachting industry is making significant strides toward sustainability through innovation and a strong commitment to reducing carbon […]
The Future of ISSB Standard: Paving the Way for Sustainable Reporting
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Sustainability has become a critical aspect of successful future business operations. As companies develop their environmental, social, and governance (ESG) strategy, they find it imperative standardize their sustainability reporting. To accomplish this, the International Sustainability Standards Board (ISSB) has established a globally recognized, comprehensive framework that is positioned to shape the future of sustainability reporting. […]