On 29 July, we hit this year’s Earth’s Overshoot Day – the earliest ever. In other words, we’ve already used up the resources that planet Earth can regenerate in a year. We’re operating in a deficit. As companies are increasingly expected to shift the tide and contribute to sustainable development, expectations around measuring and reporting is happening fast. Read on for more…
Major companies in the chemical and electric utilities sectors share their TCFD implementation experiences
As part of the Task Force on Climate-related Financial Disclosure (TCFD) Preparer Forums, major players across the Chemicals and Electric Utilities sectors shared an in-depth look on opportunities and challenges of implementing TCFD recommendations. Have a look to see lessons learned and success stories you may be able to apply in your company.
Workforce Disclosure Initiative
Companies are feeling the pressure as investors gain increasingly higher expectations for companies’ human rights and workforce policies. For example, the Workforce Disclosure Initiative (WDI) brings together more than 125 investors, with over USD $14 trillion in assets under management. They are calling for better data and transparency from companies on how they manage workers with the goal of improving the quality of jobs in supply chains and operations. Read here for more.
Measuring and realizing circular economy in a world that’s only 9% circular today
Some 25 of global companies jointly developed Circular Transition Indicators to help identify circular opportunities, risks and targets as part of a project at the World Business Council for Sustainable Development (WBCSD). Curious on what it means for your business? Check the Circular Transition Indicators here and provide feedback until end of August.
Measuring business contributions towards the Sustainable Development Goals (SDGs)
Last month, UNCTAD released new practical guidance on core indicators to measure contribution towards the SDGs in a consistent manner. Several of the indicators refer to data already being provided by companies in reports, such as use of energy and water, carbon dioxide emissions, waste generation and recycling, human resource management, gender equality and community development. Are your indicators aligned with the core indicators? Check here.