Once a month, our Sustainability Roundup provides a recap of 10 interesting articles and online resources on Sustainability and CSR that caught our attention. Enjoy the recap for August 2018.
This practical guide on integrating the Sustainable Development Goals (SDGs) into corporate reporting aims to help companies of all types in all countries to tackle the world’s most pressing issues. The guide helps businesses move beyond the current trend of simply mapping activities and programs against the SDGs to driving change. Download report
With the EU’s passage of the Circular Economy Package in April, many European companies are now facing mandates to reuse the products they create for as long as possible. The U.S. Chamber of Commerce also supports companies in developing circular economies (CEs), and China has developed policies around CEs. But many firms face serious challenges when it comes to executing on a circular economy strategy. This article identifies three approaches to breaking through. Read more
Companies are collaborating with stakeholders, but there are many collaborations that never get off the ground, are bogged down in governance negotiations, or struggle to drive meaningful action. Learning from failures and successes helps to ensure that future collaborations do not repeat mistakes. This article presents recommendations for a successful sustainability collaboration. Read more
The Chemical Sector SDG Roadmap is an initiative led by a selection of leading chemical companies and industry associations to explore, articulate and help realize the potential of the chemical sector to leverage its influence and innovation to contribute to the SDG agenda. The Roadmap offers a vision for the sector on what the key impact opportunities to contribute to its most material SDGs and specific SDG targets are. It also outlines tangible actions. Download report
Engaging with the TCFD recommendations serves two purposes: 1) reporting to external stakeholders, and 2) creating resilient business strategies through scenario analysis. Under scenario analysis, companies consider a set of plausible alternative futures to shape more adaptive and resilient strategies, rather than basing decisions on single-point forecasts. Read more
By assisting companies to align their strategies with the goals of the Paris Agreement, science-based targets help accelerate the transition to a low carbon economy and avoid the worst effects of climate change. Science-based targets are good for business too. This article identifies six benefits a company can expect to see from setting science-based targets. Read more
The impacts of climate change expose businesses to new and unpredictable risks. Stakeholders and investors are looking for greater clarity and transparency on the impacts of climate on organizations’ financial performance. The push to enhance climate risk disclosure is seen in the TCFD recommendations. However, as companies start to dig deeper into the framework, questions around how to implement the recommendations are growing. Read more
BASF partook in the Supply Chain Transparency Challenge at GreenBiz18. As an upstream supplier to almost every industry sector, BASF highlights three key takeaways from the Challenge for companies striving to offer responsibly sourced products in a sustainable way. Read more
To understand, and report on, an organization’s carbon footprint is a complex undertaking. While carbon reporting remains a significant hurdle for organizations on the path to achieving the SDGs, blockchain offers a solution to this challenge. Businesses should anticipate blockchain to transform carbon reporting. Read more
The corporate reporting journey often becomes complicated. First the C-suite has to give its buy-in that a report should be done, second a materiality assessment is conducted, third the report is created, and fourth the board of directors signs-off on the report. But many companies may need to rethink their approach when it comes to sustainability reporting. Read more
Visit Enablon Insights again a month from now to learn more about what caught our attention in Sustainability and CSR!
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