More than 90% of executives are expecting to meaningfully increase their spending this year on ESG data, with the vast majority believing that ESG data investment is required to keep pace with competitors or to develop a competitive advantage, according…
Corporate responsibility is not just a buzzword; it is a guiding principle that shapes the foundation of a company’s identity. Corporations have a profound responsibility to positively affect their employees, society and the environment. Embracing corporate responsibility means recognizing that…
A group of investors representing over $1 trillion in assets under management has published a letter to the IFRS Foundation’s International Sustainability Standards Board (ISSB), urging it to prioritize the development of global reporting standards for companies to disclose on…
Water and climate change are inextricably linked. Climate change affects the world’s water in complex ways. From unpredictable rainfall patterns to shrinking ice sheets, rising sea levels, floods and droughts – most impacts of climate change come down to water water (UN…
New data from WRI’s Aqueduct Water Risk Atlas show that 25 countries — housing one-quarter of the global population — face extremely high water stress each year, regularly using up almost their entire available water supply. And at least 50% of the…
According to a report published by the Presidency of Climate Change of the Republic of Turkey, assumed Carbon Border Adjustment Mechanism (CBAM) certificate fees of 75 euros per ton of carbon dioxide equivalent (tCO2e) will result in an annual cost…
170 actions that we can take to combat Climate Change and participate in the UN Sustainable Development Goals have been identified. INTRODUCTION The average temperature on the planet is rising at an unusually fastpace and is threatening the balance of…
As the drive toward a global system for sustainability-related reporting continues, investors, regulators and policymakers are turning their attention to the important role of assurance in ensuring high-quality reporting. With the growing importance of—and reliance on—sustainability information, low-quality assurance is an emerging…
BMW Group announced today an agreement with global metals and mining company Rio Tinto to provide the automaker with low carbon aluminum for use in vehicle production in the U.S., and to deploy supply chain transparency technology to provide full…
The European Union’s Emissions Trading System (EU ETS) has experienced significant fluctuations in the carbon prices over the years. As of February 2023, the price of carbon in the EU ETS has exceeded 100 euros per metric ton of CO2.…