The manufacturing sector stands out as one of the main sustainability challenges to tackle. While we’re making significant strides in other high-impact sectors, such as transportation with electric vehicles and in energy with renewables, manufacturing remains a challenging yet crucial area to address. As one of the most significant users of raw materials, energy, and […]
As the world’s supply chains become more complex regulators across the globe are introducing new requirements for suppliers and buyers. The European Union (EU) unsurprisingly is the first mover with its introduction of a significant new global carbon tariff, the EU’s Carbon Border Adjustment Mechanism (CBAM). CBAM is designed to address climate change by managing […]
The European Union (EU) has created one of the most ambitious and progressive green agendas globally. The EU ESG regulatory landscape extends far beyond most other regions, as they aim to meet the goals set out in the Green Deal. Among the more ambitious goals of the EU’s Green Deal, the bloc plans to be […]
2023 was the hottest year on record; it was also the year when the US had the most $ 1 billion-plus climate-related natural disasters. As climate risks accumulate, companies need to be prepared to identify, manage, and mitigate these risks to avoid financial exposure. It isn’t just the physical risks that companies have to worry […]
As we look to the future and a new year, the Good.Lab team curated this new list of nine key ESG trends to watch for in 2024. We can’t see into the future, but we’ll try! From ESG standards converging to renewed focus on climate risks, here are some of our best predictions for what’s […]
Batteries are fueling the transition to a sustainable economy yet pose significant environmental and social challenges. This paradox has led regulators to introduce new regulations, such as the EU Batteries Regulation around how companies make and design their products. As the world moves towards a global circular economy, eliminating unsustainable products and reducing the over-exploitation […]
Ecovadis is the world’s largest sustainability ratings provider, with over 100,000 companies rated. EcoVadis ratings matter. They give companies a holistic view of their sustainability performance, enabling them to assess and share their current performance and what they have to do to improve. As the only rating solution for every aspect of Environmental, Social, and […]
From our inception, we envisioned a company that stands for more than just profit. This vision led us to becoming a certified B Corp and pledging our commitment to 1% for the Planet – a global alliance of businesses another organizations that contribute one percent of their annual sales towards environmental endeavors. Our partnership with […]
Since we first announced that we became a Certified B Corporation™ in 2022 we’ve been on a mission to create a more equitable and sustainable economy through our client work. Being a B Corp is an integral part of our identity at Good.Lab and the way we operate everyday. We pride ourselves on being a […]
Did you know that companies with better Environmental, Social, and Governance (ESG) performance often outperform their competitors? The secret power of ESG benchmarking lies in helping your company know exactly where it stands on its ESG goals and strategies relative to competitors, customers, and ESG leaders. Knowledge of where you stand enables you to make […]
Last week’s inaugural IFRS Sustainability Symposium in Montreal convened stakeholders from 18+ countries representing top performing companies, ESG-focused investors, and industry advisors to discuss emerging issues related to sustainability disclosure, including the direction of the IFRS Sustainability Disclosure Standards. The event covered the following topics across various sessions: A key theme that came up is which stakeholders […]
With 2022 coming to an end, Good.Lab’s ESG team has been thinking about the trends and technologies that will shape the coming year. Accordingly, we are pleased to share our 2023 ESG predictions. We expect to see a continued focus on corporate ESG and further mainstreaming of ESG reporting standards and metrics. Below, you will […]