EU sets a global requirement in supply chain sustainability
Business’ impacts take place throughout the entire value chain and the EU has already acknowledged this. The European Commission has set one more time high standards by becoming the first policymaker in the world to take concrete initiative for human rights and environmental violations in the supply chain. The Corporate Sustainability Due Diligence Directive […]
What does ESG mean for the Energy and Mining industry in Canada?
Environmental Social Governance (ESG) is a topic of increasing importance in all business sectors across Canada, shaping many corporations’ business agendas as investors prioritize integrative investment approaches. In the energy sector, many companies in Canada are motivated to set and attain ESG benchmarks, following strict local regulations. All of Canada’s largest oil and […]
Mind the gap: Corporate climate pledges in the time of EU energy crisis
by CSE research team Europe’s energy sector is suffering from extreme malaise The future energy system will need to address all value chains of the energy sector while delivering energy transition and decarbonization goals, linking in an optimal way various energy resources and networks to the consumption sectors. Smart sector integration is expected to […]
How to walk the walk on corporate climate commitments in the EU
In an era of transformative change Corporate Sustainability Leadership guides legislation and effectively manages internal and external risks. Sustainable profitability, the rule of law, cooperation between enterprises, civil society and governments are the greatest assets to respond to the public concerns for Europe’s future and new model for sustainable and digital growth. With the start […]
Key Sustainability Concepts under SFDR: tackle the challenges, unlock the opportunities
Under the Sustainable Finance Disclosure Regulation (SFDR), all EU asset managers are now asked to publicly disclose. Pension funds, insurers and asset managers must disclose how they consider ESG risks in their investment decisions. The SFDR will create a structural change in financial markets by making sustainability reporting mandatory and will push portfolio […]
The Sustainable Products Initiative: a renewed European approach towards product policy
The new policy framework, known as the Sustainable Products Initiative (SPI), aims to foster responsible supply chains against greenwashing. There is a worldwide demand for more efficient and sustainable products to reduce energy and resource consumption. The EU’s sustainable product policy, eco-design legislation and energy labelling are effective tools for improving the energy efficiency and […]
What companies need to know about the new SBTi’s Net Zero Standard
A few days before the COP26, the Science Based Targets Initiative (SBTi) launched the world’s first Net-Zero Corporate Standard. The concept of ‘Net Zero’ has gained increasing popularity, leading to inconsistent approaches. This is the first science-based certification of companies’ net-zero targets in line with the Paris Agreement’s goals, by providing a unified framework to […]
The most important decisions taken in COP26 and how they affect corporations
Two weeks of negotiations are finally over and COP26 has left a crystal-clear message to businesses: it’s time to reassess your business strategies and carbon footprint, if you want to reap monetary rewards. Climate stability is not viable only in political terms. It’s the business world’s turn now to fix climate crisis. Which of […]
Leading car manufacturers committed to phase out fossil-fuel vehicles by 2040
The era of fossil-fuels is reaching its end as 30 countries committed to phase out fossil-fuel powered vehicles by 2040. This is a new landmark global agreement set at Cop26, having a major impact on companies not only in the automotive industry, but generally in the energy sector. At least six major automakers agreed […]
IFRS Foundation announces new body to oversee global sustainability disclosure standards: A big step forward. How will investors’ needs be met?
COP presidency takes a historic step as governments, banks, financial institutions, and organizations move away from the coal, which is the single biggest contributor to climate change. It is the first time for COP presidency to prioritize this issue and put a bold end date on international fossil fuel finance. A new gold standard on […]