Sustainability Roundup - April 2016

April 11, 2016
By Adriana Salazar

Once more it’s time for our monthly sustainability and CSR recap. What news have caught our attention in the past weeks? What have we been discussing on the blog? What interesting resources have we come across? Find out below:

1. Compliance and Sustainability Teams Should Work Together to Strengthen Corporate Ethics

Today’s hyper-connected world means that questions of company values, corruption, and social responsibility are playing out in real time, and that companies can no longer easily control and manage their reputations. Whether it is ongoing scrutiny of creative offshore tax structures, or responses to political debates about a living wage, the public is asking companies tough questions and BSRs blog is taking note. → Read more

2. Weekly Compliance Digest – Ontario GHG Cap-And-Trade Program

In case you missed this weekly compliance digest on Enablon Insights, we took a look at Ontario’s recently announced plans for a greenhouse gas (GHG) cap-and-trade program. If the proposed act becomes law, the program will aim to set a limit on GHG emissions, reward innovative companies, provide certainty for industries, and create more opportunities for investment. → Read more

3. 10 Things You Can do Right Now to Help Accomplish the SDGs

From simply being informed, to thinking locally or turning the faucet off when brushing our teeth. Despite their ambitious targets and aspirational message, through everyday actions and habits we can all contribute to achieving the UN’s 17 Sustainable Development Goals. → Find out more

4. World Water Day 2016: Companies Pledge $1 Billion for Water R&D

March 22 was World Water Day. As part of this yearly UN observance aiming to raise awareness and bring attention to global water related issues, major businesses made commitments to the tune of $1 billion over the next decade to conduct research and development into water and new technologies. Some of the highlighted private sector water stewards? General Electric, Levi Strauss & Co, and Dow Chemical. → Read more

5. World Water Crisis and What it Means to Business [Infographic]

On the topic of World Water Day, this infographic by WaterLogic takes a look at the the state of water scarcity and brings attention to the volumes of water used to produce food and daily items. Did you know that 1800 gallons of water go into growing the cotton needed to manufacture a pair of Jeans? → Go to Source


6. No Reputational Penalty for CEOs on Environment Lawsuits, Study Finds

What are the reputational damages for CEOs whose companies are facing lawsuits over environmental issues? Do their careers suffer because of environmental allegations against their companies? These are the questions addressed by a study of almost 10,000 cases filed in U.S. federal court over an eight-year period. Including insights from Philippe Tesler, CEO of Enablon North America, Environmental Leader provides a summary of this study conducted by researchers from the University of Adelaide. → Read more

7. The Future of Reporting: Goodbye, Annual PDFs; Hello, Real-Time Feeds

According to the Global Reporting Initiative’s recent report on ‘The Next Era of Corporate Disclosure’ (PDF),  the future of reporting will involve real-time sustainability data exchanges enabled by digital technology, coupled with a new role for stakeholders, who will be empowered by almost real-time interactions with companies. → Read more

8. Climate Change Will Wipe $2.5tn off Global Financial Assets: Study

“Our work suggests to long-term investors that we would be better off in a low-carbon world,” says Prof Simon Dietz of the London School of Economics. In the worst case scenarios, the losses could soar to $24tn, or 17% of the world’s assets, and wreck the global economy. The research, however, also points to the financial sense in taking action to keep climate change under the 2C danger limit agreed by the world’s nations: the value of financial assets would fall by $315bn less, even when the costs of cutting emissions are included. → Read more

9. Paris COP21: More Than 130 Countries to Sign Climate Accord on 22 April

Roughly 4 months after the adoption of the Agreement in Paris, a high-level signing ceremony will take place on 22 April at the UN headquarters in New York. Countries will then have one additional year to ratify the Agreement, which will only enter into force 30 days after its ratification by at least 55 States, representing no less than 55% of total global GHG emissions. → Read more

10. UN Global Compact Takes Action to Help SMEs Report on Progress in Sustainability

On April 2, the United Nations Global Compact launched the Express ‘Communication on Progress’ (COP) to help Small and Medium-sized Enterprises (SMEs) publicly communicate progress on their sustainability efforts. Often dealing with limited resources to regularly report on sustainability, this annual public disclosure procedure will help SMEs to exhibit transparency within their means, and to focus on continuously improving their reporting. Click here to access a webinar recording on the Express COP.   → Learn more

Until we meet again in a month, we hope you’ll enjoy the resources included in our April roundup!