Sustainable Brands The 2024 EY Europe Long-Term Value and Corporate Governance Survey finds just 24% of EU company leaders understand how ESG priorities will create value; Boards must step up and challenge cooling corporate commitment to sustainability. Focusing on sustainability in today’s operating environment is clearly challenging; and EY sees worrying signs …
What is in the US SEC’s Proposed Rule on Climate Reporting?
By Douglas Gillison, Reuters Feb 28 (Reuters) – Wall Street’s top regulator will vote on March 6 whether to adopt far-reaching changes to the way thousands of U.S.-listed companies tell investors how climate change will affect their bottom line, a landmark rule for the U.S. Securities and Exchange Commission. The …
US Regulator Drops Some Emissions Disclosure Requirements From Draft Climate Rules
By Chris Prentice, Isla Binnie, Jarret Renshaw, and Douglas Gillison, Reuters Feb 22 (Reuters) – The U.S. Securities and Exchange Commission (SEC) has removed some of its most ambitious greenhouse gas emission disclosure requirements from corporate climate risk rules it is preparing to adopt, people familiar with the matter said …
The Only Value Sustainability Can’t Possibly Have
By Daniel Aronson, Sustainable Brands Right now, far too much of the business world is giving sustainability a value of zero, when nothing could be farther from the truth. Years ago, MIT Professor John Sterman told his students that if something matters, but you don’t measure it, you are giving it the only value …
The Global 100 List: How the World’s Most Sustainable Corporations are Driving the Green Transition
By Shawn Mccarthy, Corporate Knights Now in its 20th year, the Global 100 ranking reveals that corporate leaders ?are pouring more of their revenues into sustainable investments than ever As 2023 came to a close, the World Meteorological Organization declared it to be the hottest year on record. One week …
How Congress is Planning to Lift 400,000 Kids Out of Poverty
By Dylan Matthews, Vox We’re not bringing back the extended child tax credit. But this deal is better than nothing. The child tax credit has had a roller coaster of a decade so far. In 2021, the Democratic Congress and Joe Biden enacted the largest-ever expansion of the provision, making it a monthly benefit of up …
Sustainable Investments had Secretly Great Year
By Tim Nash, Corporate Knights It’s easy to get lost in the narrative that the shine has worn off sustainable investing, but that’s not what we’re seeing. Here are our top fund picks. Despite appearances, sustainable investments have quietly had a great year. Given the poor performance of green energy …
Four Trends Shaping Sustainable Finance’s Future in 2024
By Eugene Ellmen, Corporate Knights Will banks keep cheerleading fossil fuels while renewable stocks make a comeback? Eugene Ellmen shares his finance forecast. Temperature records were broken month after month in 2023, pushing governments around the globe to promise to triple their renewable-energy capacity and transition away from fossil fuels …
First Roadmap for Financiers Implementing a ‘Just Transition’ Launched at COP28
By Sustainable Brands The new guidance will support the global financial sector in embedding just-transition practices in their operations to ensure a climate transition that leaves no one behind. Sunday at COP28 in Dubai, UNEP FI and the International Labor Organisation (ILO) released Just Transition Finance: Pathways for Banking and Insurance — the first roadmap for the financial sector …
New Carbon Accounting Alliance Seeks Industry Standardization, Regulation to Support Net-Zero Transition
Sustainable Brands The launch includes a call to action for organizations worldwide to use the tools of carbon accounting to drive transition plans and direct emission reductions. Climate-action solutions providers Planet Mark and ClimatePartner have joined forces to launch the Carbon Accounting Alliance (CAA) — to enable greater oversight and professionalization of carbon accounting, to accelerate …