Sustainability Roundup – December 2017
On the occasion of its 25th anniversary, BSR (Business for Social Responsibility) looked at the ways the world has changed and the systemic changes that are shaping the world today. This report provides BSR’s views on where to go next and the direction of sustainable business. Download report
Simon Boas Hoffmeyer is sustainability director at Carlsberg. Earlier this year he launched Together Towards Zero, a major new sustainability strategy that will see the brewer target zero carbon emissions at its breweries worldwide by 2030. Learn more about Boas Hoffmeyer’s views on a range of sustainability topic in this Q&A. Read more
CSR and sustainability leaders are by nature and necessity both conveners and provocateurs. It is a healthy and essential mix for driving change. But sometimes they try to avoid expressing frustration, anger or disappointment to avoid alienating people. In addition to this dilemma, there are other challenges faced by CSR and sustainability leaders, which are explained in this article. Read more
CSR contributes to sustainable development by delivering economic, social and environmental benefits for all stakeholders. Though CSR is a concept with many definitions and practices, it has increasingly been at the forefront of global corporate sustainability initiatives. This post identifies four effective ways your company can improve its sustainability initiatives. Read more
Despite the intention of the U.S. government to withdraw from the Paris Agreement, many American leaders, including governors, mayors, university presidents, business leaders, and investors, are sending a strong message that they intend to honor the goals of the agreement. The “We Are Still In” coalition, announced in April, has almost doubled its size to 2,500 signatories representing $6.2 trillion of the U.S. economy and about 40% of the U.S. population. Business signatories include Apple, Google, Nike, IKEA, Walmart, Microsoft, Amazon, Starbucks, Target and PG&E. Read more
Over a year ago, the vinyl industry came together to pledge to embark on a sustainability journey. Since then, the industry adopted common sustainability positioning focused on doing more with less, formed the Vinyl Business and Sustainability Council (VBSC), and initiated an industry-wide materiality assessment. This article explores the lessons learned from engaging an industry on sustainability. Read more
Pressure is increasing on companies to be open about the risks they face from sustainability. Investors expect directors to understand these risks, so they can help companies prepare for them. It’s becoming impossible to ignore the connection between sustainability and how companies perform: Hurricanes Irma and Harvey this year will cost $115 billion in total losses, and multinational corporations disclosed that they faced $14 billion of water-related risks in 2016, a five-fold increase over the previous year. Read more
The EU emissions trading system (ETS) operates in 31 countries, limits emissions from more than 11,000 heavy energy-using installations (power stations and industrial plants) and airlines operating between these countries, and covers about 45% of the EU’s greenhouse gas emissions. The EU decided to reform the ETS because there are currently too many permits on the market and carbon prices remain low. The proposed revisions would apply to phase 4, which will run from 2021 to 2030. Read more
In 2016, risks posed to water by climate change cost the private sector around $14 billion. In addition, businesses that disclosed to CDP collectively committed $23.4 billion to finance new water projects in 2017, which include desalination plants, various drought resistance interventions and irrigation systems. Read more
Climate risk, just like financial risk, needs to be managed for the long-term benefit of all stakeholders involved. Information about climate risk is vital to maintaining robust portfolios of well-managed companies. And for investors to be serious on climate, they have to be serious not just on carbon dioxide, but on methane also. Beyond contributing to climate change, methane poses a specific reputational risk to the long-term future of the oil and gas industry. 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.