What the Inflation Reduction Act means for the clean energy industry
On Friday, the U.S. House of Representatives approved new legislation with a heavy focus on cutting carbon emissions and pushing the country toward green energy. It would not be an exaggeration to say that it is “the boldest climate package in US history”, being a budget measure that includes the largest investments in clean energy […]
Why Is Your Company’s ESG Rating So Important
As concern around sustainability grows, so does the importance of a company’s ESG rating. Knowing your company’s ESG score is invaluable. Being aware of your sustainability rank within your sector helps indicate areas you can improve and drive your company in the right direction. Being able to look at long-term risks and better […]
CSE’s Research presented at the 2021 Clean Energy Forum of the Business Council for Sustainable Energy
The Center for Sustainability and Excellence (CSE) was proud to take part in this year’s BCSE Clean Energy Forum which hosted Gina McCarthy, National Climate Advisor under President Joe Biden, as Opening Speaker as well as other important speakers such as Senator Joe Manchin, Chairman of Senate Energy And Natural Resources Committee, and Kristina […]
ESG Ratings – Why all the confusion?
From CSE Consulting team Sustainable investments in the first half of 2020 amounted to $20.9 billion dollars in the US, compared to $21.4 billion throughout 2019. Investors rely on ESG reports and ratings to evaluate a company’s performance compared to peers. As interest grows globally, different environmental, social and governance (ESG) criteria and ratings […]
Four Steps to Improve Your ESG Rating
By Nikos Avlonas, President and Founder of CSE Companies looking for investors MUST understand their ESG rating and how to improve it. UN PRI and US SIF both track assets under management (AUM) in the trillions domestically and internationally. Blackrock is demanding sustainability metrics for any future investments in its billions of AUM just […]
What the CFO needs to know about ESG issues
As standard-setters, such as the SASB, GRI, TCFD which are international institutions, like the World Economic Forum, they have been working together to achieve convergence and harmonization of ESG disclosure requirements across sectors. It is noticed that pressure grows on CFOs to get involved in the ESG conversation, in order to improve corporate strategy and […]
So Many Sustainability Standards & Ratings – So Little Time!
Four steps to improve your ESG performance via an Integrated Sustainability Management System. by Nikos Avlonas Your boss gets a note from a board member asking why your company has such a low Moody’s ESG rating. You’re the sustainability manager, so you get asked why. In frustration, you point to your pile of surveys […]
Two critical tools in applying Sustainability: Materiality Assessment and ESG Reporting
By Nikos Avlonas, President and Founder of CSE Sustainability is a continuous process that iterates on itself, meaning if you report this year, you’ll want to do so again next year. What other steps might there be in the process? Educating leadership Evaluating existing initiatives Assessing the needs of stakeholders Developing a strategy to […]
Three Reasons TCFD & SASB reporting on Climate Scenarios is Important
The Task Force on Climate-related Financial Disclosures (TCFD) provides market-driven recommendations for voluntary and consistent climate-related financial risk disclosures in mainstream filings. The Sustainability Accounting Standards Board (SASB) provides industry specific standards help investors and other market participants assess their portfolios’ exposure to sustainability risks and opportunities. Climate risk is often material, and […]
Wasted Effort Could Affect ESG Rankings. The importance of Materiality Assessment
By Nikos Avlonas President CSE Bravo to companies’ incorporating sustainability. The effort is noble and daunting. Often executives address first the environment, social and governance (ESG) issues most important to them. Other times, they delegate sustainability to a manager. An executive might be highly motivated to engage the community. A former HSE manager, now […]