The European Union (EU) has been the scene of much action on the corporate sustainability front over the last few years, and the latest regulation to be developed within this space is the Corporate Sustainability Due Diligence Directive, or CSDDD. Approved…
A Best-in-Breed Approach to ESG Software? It’s Not That Simple.
Due to increasing ESG-related regulations and a growing awareness and emphasis on sustainability, businesses are under more pressure than ever to demonstrate their commitment to responsible practices. Traditional manual-based sustainability management methods such as Excel spreadsheets are being abandoned as companies…
Are You Ready for the 2024 CDP Changes?
CDP (formerly Carbon Disclosure Project) saw massive momentum in 2023 with a 24% increase in reporting companies that led to a record 23,200 companies representing over 66% of global market value along with 1,100 cities, states, and regions reporting to the…
Is Transition Investing the New ESG?
The rise of Environmental, Social, and Governance (ESG) factors has significantly influenced business and financial markets, with stakeholders increasingly valuing these business aspects. There has, however, been pushback against this trend, perhaps exemplified most recently by the lawsuit from ten Republican…
You’ve Produced Your First Sustainability Report. Now What?
KEY TAKEAWAY Producing your first sustainability report is a great achievement – and your first step to achieving even better outcomes. ESG reporting has become a major trend for companies that are looking for ways to communicate their efforts to become…
The Role of Purpose-Built Technology in Supply Chain Sustainability Data Management
No longer a ‘nice to have’, sustainability has rapidly become a societal expectation, with companies facing mounting pressure to align their operations accordingly. The sustainability ethos now touches everything within the business environment – supply chains included – and organizations are…
The Importance of Effective Data Integration in ESG Reporting
The ability to connect and integrate with other software platforms has become a sought-after feature for organizations evaluating ESG software. As a product of our modern digital age, the Chief Information Officer (CIO) plays a critical role in aligning technology initiatives…
The Case for Adopting Established ESG Standards Over Creating Your Own Framework
Stakeholder demands for businesses to disclose non-financial metrics has increased exponentially over the past few years. Primarily, this has centered on data around environmental and social impact, as well as good corporate governance — or how committed they are to environmental,…
ESG Disclosure Requirements are Coming – Here’s Why You Should Act Now
Key Takeaway ESG reporting may not be mandatory yet, but disclosing your ESG performance can still be beneficial to your company. There was a time when a company’s financial performance was enough to convince investors to buy stocks. But times have…
How the US SEC’s New Climate Disclosure Ruling Affects You
It feels like it’s been a long time coming; this week the US Securities and Exchange Commission (SEC) finally “adopted rules to enhance and standardize climate-related disclosures by public companies and in public offerings.” While this may feel like a hard-fought…