Sustainability Roundup – June 2017
Corporations have made significant progress on the sustainability front, but the work mainly focuses on making sure companies do less harm, protecting reputation and managing risk. However, given the disconnect and fragility of the relationship between society, business and institutions, this is not enough. Business needs to reconnect with society more effectively. Read more
Apple, Amazon, Facebook, Google, Microsoft, eBay, Uber and hundreds of companies, alongside a group of mayors and colleges, joined together as part of the “We Are Still In” campaign to reiterate their commitment to the principles of the Paris climate agreement. In particular, many of the big tech companies are currently transitioning their data centers to using completely renewable energy. Read more
Manufacturers are being held to a higher standard of corporate social responsibility, and are developing new best practices to adapt their supply chain ecosystems accordingly. If a manufacturer appears to be careless with regards to CSR, it can take a lot of time and money to restore its reputation. Read more
Reporting on the SDGs Action Platform Launched: A Global Mechanism for Measuring Business Contribution to the Global Goals
GRI and the UN Global Compact have formed a ground-breaking Action Platform to establish best practices in reporting on the Sustainable Development Goals (SDGs). Watch the video to find out more about the partnership, its members and what the world will look like in 2030 if the SDGs are achieved.
In an effort to showcase industry-specific examples and ideas for corporate action related to SDGs, the UN Global Compact and KPMG have published SDG Industry Matrices for various verticals. This post on Enablon Insights highlights specific opportunities that companies from five key industries can take to advance SDGs while making their businesses more profitable and resilient. Read more
Recent research indicates that today’s stakeholders expect more from companies, i.e. they want to purchase from and work for companies that champion sustainability. Since modern audiences are accustomed to having lots of content provided to them, contemporary sustainability has given rise to a new type of challenge for many organizations. In addition to acting responsibly, companies are now expected to effectively communicate about sustainability, which can seem like a daunting task on its own. Read more
Water-related business risks are becoming more and more apparent. According to CDP’s 2016 global water report, 607 companies lost $14 billion last year alone due to water scarcity, drought, flood and other water risks. This article provides four considerations for companies looking to create more impactful water stewardship goals. Read more
Just 12 months ago, more than half of the world’s biggest asset owners were completely ignoring the climate risks related to their financial decisions. A year later, 60% of the world’s 500 largest asset owners are taking steps to recognize the financial risks associated with climate change. Read more
The first international standard for sustainable procurement from ISO is available. ISO 20400 aims to help companies make better purchasing choices throughout their supply chains by establishing guidelines to judge suppliers on ethical and sustainability issues. In addition to environmental considerations, it also takes account of social and economic sustainability when judging what sustainable purchasing looks like. Read more
A new International Standard under development is intended to give all organizations involved in climate action a framework for the development of consistent, comparable and improved methodologies in the fight against climate change. ISO 14080, Greenhouse gas management and related activities – Framework and principles for methodologies on climate actions, which is currently at the Draft International Standard (DIS) stage, provides a generic framework for the development of climate action methodologies and their review and management over time. Read more
Visit Enablon Insights again a month from now to learn more about what caught our attention in Sustainability and CSR!
Download NAEM’s 2017 EHS and Sustainability Software Buyer’s Guide and learn more about the business objectives for EHS and Sustainability software buyers, desired software capabilities, and their selection criteria.