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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 that contribute 1% of their sales towards environmental endeavors. Our partnership with 1%, which started on […]
Since we 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 company […]
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 […]
Mid-market companies benefit from an overarching ESG program that includes calculating their greenhouse gas emissions. It’s no longer an issue only for the world’s largest brands: investors, regulators, employees, and consumers are becoming increasingly concerned about the environmental, social, and governance (ESG) performance of mid-market companies. A particular focus is on climate impact, as greenhouse gas (GHG) emissions have […]
This week, the International Sustainability Standards Board (ISSB), the organization tasked with developing a comprehensive global baseline of sustainability disclosures for the capital markets, announced a unanimous climate decision that under its guidelines, companies will be required to use climate-related scenario analysis as part of their ESG disclosures. Last month, the ISSB confirmed that reporting on Scope 3 emissions – those […]
Read more from Ted Grozier, Principal & Chief Sustainability Officer at Good.Lab in a recent interview with Business Talent Group on how businesses win by strategically addressing their ESG and sustainability data.
Environmental, Social, and Governance (ESG) ratings are front and center in the news cycle these days with critique from notables like, Elon Musk labeling ESG a ‘scam’ to the Financial Times’ recently asking if ESG dead on arrival, ‘RIP ESG?’ As these ratings come under increased scrutiny from every direction, businesses get tangled in cultural […]
One of our top environmental, social, and governance (ESG) predictions for this year anticipates a comprehensive shift from qualitative to quantitative ESG across sectors. The automotive industry is well versed in this trend and many automakers are ahead of the curve – Rivian, Ford, and GM will all launch electric pickups and SUVs this year – innovating to become catalysts for change […]
ESG impact measurement, reporting and ratings today are the wild west. That is without a doubt. As to their usefulness, it depends entirely on how the ESG data is being applied. In a recent Harvard Business Review article focusing on Sustainability, Inc., Kenneth P. Pucker makes some solid arguments. He highlights what he sees as the […]