The Crucial Role of ISO Standards in Regulating Carbon Emissions As the climate crisis intensifies, efforts to mitigate its impacts have become more urgent than ever. International standards have a crucial role to play in this context, and the International Organisation for Standardisation (ISO) has been instrumental in formulating standards that assist businesses in managing and reducing their carbon…
Navigating Carbon Emissions in the Supply Chain
Navigating Carbon Emissions in the Supply Chain – The Implications of Operational and Supplier Management In today’s environmentally conscious world, the concept of ‘carbon footprint’ has gained considerable significance. Within this sphere, a particular area of focus for many businesses has become operational and supplier carbon emissions, two key components of a company’s overall carbon footprint. Operational carbon emissions…
Harnessing Green Supply Chains — A Comprehensive Guide
Harnessing Green Supply Chains — A Comprehensive Guide for Businesses In the wake of a climate emergency, businesses across the globe are recognising the critical need to limit greenhouse gas emissions. But it’s not enough for a company to merely scrutinise and refine its own operations. The entire supply chain, from raw materials to finished products, accounts for a…
Beyond SECR for Comprehensive Emissions Reporting
Exploring the Gray Areas: Beyond SECR for Comprehensive Emissions Reporting The Streamlined Energy and Carbon Reporting (SECR) regulations, implemented by the UK government in 2019, marked a significant step towards promoting transparency in business energy use and carbon emissions. However, it’s only a preliminary stride in a race with no finish line. By predominantly focusing on Scope 1 and…
Challenging road ahead
In a comprehensive analysis of companies’ alignment with the EU taxonomy, ESG Book reveals that the majority of businesses today are struggling to meet these new sustainability standards. Read the full article here.
Lessons from ESG Breaches in Supply Chains
Holding Businesses Accountable: Lessons from ESG Breaches in Supply Chains Throughout the age of globalisation, a phenomenon characterised by a complex web of international supply chains, businesses have frequently been criticised for failing to ensure ethical standards within these networks. While they may endeavour to adhere to their ESG (Environmental, Social, and Governance) responsibilities internally, an increasing number of…
Big Pharmas Age Problem
Age discrimination is “one of the last socially acceptable prejudices” in the U.S., according to the American Psychological Association (APA). In fact, discriminating against people based on inaccurate and negative stereotypes about age is so ingrained in our workplace and broader culture in the US that it often goes unnoticed or ignored. While most large companies combat racial and gender…
Putting Plastics In Perspective
Plastics are everywhere – in the food and water we consume, on and in the ground, within lakes, streams, rivers and oceans and even in the air we breathe. The ubiquity of plastics is indeed terrifying when we consider the long-term environmental and health implications. And that plastics are not going away. The world now contains about 8.3 billion tons…
A Victory for ESG
While ESG is basically a mechanism to evaluate investment risk, various interest groups have weaponized the term to promote their specific agendas. Now nearly every policy proposal, regardless of validity, is dismissed without considering the long term implications of ignoring these recommendations. As such, the vast majority of ESG oriented shareholder resolutions proposed at most of the large and mid-sized…
Are markets ready for ISSB?
The launch of the first set of ISSB Standards on 26th June 2023 marked one of the first endeavors towards establishing a global baseline in sustainability reporting. Read the full article here.