Sustainability Roundup - December 2016

December 12, 2016
By Adriana Salazar

Explore our December 2016 sustainability and CSR roundup for the news that have caught our attention, and the topics that have been keeping us busy on the blog:

1. Sustainability Reporting in Stock Exchanges ‘Comes of Age’

As many as 21 stock exchanges across the world could introduce sustainability reporting standards in the coming months. They would join the 17 exchanges that currently recommend listed companies to report on environmental, social and governance (ESG) issues — going a step further by providing model guidance to participating companies. > Read more

2. “We’ll always have Paris”

For an in-depth and high-quality analysis of COP22 and its outcomes, this insightful recap by the Heinrich Boll Foundation (a German, legally independent political foundation affiliated with the German Green Party), gives you an overview and analysis of the key takeaways from the conference and the state of global climate negotiations. > Go to Source

3. 5 Key Takeaways from COP22

For those in need of quick and to the point insights, Oxfam International’s 5 key takeaways from COP22 cover the basics. > Read more

4. [Report] Consequences of Inaction and Resource Scarcity – Policy Perspectives

Several major long-term trends shape the potential for economic growth around the world. The continued depletion of natural capital features prominently among these trends, manifesting itself through environmental pollution, the emission of greenhouse gases (GHGs) that contribute to climate change and continued dependence on increasingly scarce natural resources. Further degradation of the environment and natural capital can compromise prospects for future economic growth and human well-being. This recent OECD report aims to identify how feedback from poor environmental quality, climatic change and resource scarcity affect economic growth, and how policies may alter this.  > Go to source

5.  [Report] The Crisis of Corporate Sustainability

According to Analyst Firm Verdantix, “The big news of a successful agreement at COP21 in Paris has obscured an unpleasant reality for most corporate sustainability officers: by and large, corporate sustainability is at a standstill. Some firms have hoovered up as many short-term wins as possible and find themselves unable or unwilling to go further”. This report, available on the Verdantix site for a limited period of time, aims to help all parties who have a stake in corporate sustainability understand why we have reached this point, and map out the road ahead. > Read more

On November 22, 2016, the EU Council, European Commission and European Parliament reached a final agreement on a conflict minerals regulation. This new development is a follow-up to the agreement on a proposed framework that was announced in June 2016. The announced regulation will require EU smelters, refiners and direct importers of tin, tantalum, tungsten and gold (3TG) into the EU to conduct due diligence using the OECD Guidance framework if they are sourcing from conflict-affected and high-risk areas anywhere in the world. 

On October 28, 2016, the EPA Administrator signed the final Hazardous Waste Generator Improvements Rule. The rule was published in the Federal Register on November 28, 2016. It revises the hazardous waste generator regulations by making them easier to understand and providing greater flexibility in how hazardous waste is managed, the EPA says. The revisions aim to enhance the safety of facilities that create hazardous waste and the response capabilities of emergency responders by improving risk communication.

8. Dakota Access Pipeline: US Denies Key Permit, a Win for Standing Rock Protesters

After a months-long campaign lead by the Standing Rock Sioux tribe (North Dakota) against the pipeline, the Army Corps of Engineers will not grant the permit for the Dakota Access pipeline to drill under the Missouri river, the army announced on Sunday, handing a major victory to the Standing Rock Sioux tribe. Opponents of the pipeline hold that the project threatens sacred native lands and could contaminate their water supply from the Missouri river, which is the longest river in North America.  > Read more

9. Top Business Risks are Sustainability Risks

“Some see sustainability as a risk (…); Many seem to pigeonhole it as irrelevant, not seeing the risk (nor the opportunity for that matter) that inattention brings. But being single-minded and ignoring sustainability risks leaves a business’ risk exposure wide open”. This PwC blog post takes a look at the overlap between medium term business risks and sustainability issues. Did you know that in the World Economic Forum’s Global Risks Report 2016 the top five long-term risks (both impact and likelihood) are all sustainability risks?  > Read more


10. Shell Considering Linking Executive Bonuses to GHG Emissions Management

Coming off a string of apparent strides toward recognizing the benefits of sustainability – including ratifying a shareholder resolution that commits the company to investing in a low-carbon future, earning a place on the Dow Jones Sustainability Index (DJSI),  Royal Dutch Shell told Reuters last week it plans to continue its efforts to reduce its carbon footprint by linking part of its executive bonuses to greenhouse gas emissions and conducting more active screening of future investments.  > Read more

As always, we’ll see you in a month for more sustainability and CSR updates.