Why Every Apparel Company Should Measure Their Greenhouse Gas Emissions
The apparel industry faces as many high materiality ESG issues as any other industry – greenhouse gas (GHG) emissions, raw materials, water, biodiversity, DEI, supply chain sustainability, among other ESG topics are critical. One ESG issue that rises to prominence for apparel is emissions. Key players in the industry are collaborating and innovating to reduce […]
Preparing for the SEC’s Upcoming ESG Climate Disclosure Requirements
The Environmental, Social, and Governance (ESG) landscape is entering a new era of climate compliance as the anticipated U.S. Securities and Exchange Commission (SEC) climate disclosure regulation takes shape. As the commission works through an unprecedentedly large number of comments – most around the topic of including or not including Scope 3 greenhouse gas emissions […]
ESG Data Challenges Test the Chief Sustainability Office on Performance
Reaching a net-zero future will require firm commitments and action from a variety of stakeholders. At Good.Lab we believe the private sector possesses enormous potential to drive climate action and be a force for good. That’s why we’ve made it our central focus to support companies in setting and achieving ESG performance targets by harnessing […]
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 […]
Good.Lab Releases Version 1.2 of its ESG Calculator
We’re excited to announce the latest release of version 1.2 of our ESG Calculator with even more functionality for our customers and collaborative tools for our partners to help their clients advance on ESG. Last December we released version 1 of our ESG Calculator software to empower our clients and other companies to start out the new year with […]
Upstream pressures push suppliers to prepare for a low-carbon future
The recent SEC proposal for public companies to measure and report on standardized climate-related risks is the latest development in an intensifying series of pressures being pushed down the supply chain. Building on existing requirements from large retailers and urgent UN climate reporting that “it’s ‘now or never’ to limit global warming to 1.5 degrees,” suppliers are facing unprecedented […]
Why Conducting an ESG Baseline Assessment is Essential for Every Company
Conducting an ESG baseline assessment is essential for every company today. “What gets measured gets managed.” This age-old business adage also applies to ESG performance. Understanding Your Impact Matters ESG performance metrics are an increasingly important way of holding companies accountable when it comes to sustainability efforts. Companies need to do everything they can to […]
How Apparel Companies Win by Shifting their Focus from Success on the Catwalk to ESG Leadership
From factory floor to retail storefront, clothing goes through a resource-intensive, globally distributed journey before it’s ever worn. As environmental, social, and governance (ESG) and sustainability continue to rise to the fore, companies in the apparel industry face a pressing need to improve ESG performance in their supply chains, their own operations, and even after their […]
Navigating Environmental, Social, and Corporate Governance (ESG) reporting can at times become a frustrating labyrinth of acronyms, surveys, standards, disclosures mixed in with hundreds of constantly changing ESG criteria. It’s especially challenging to know where to start with reporting frameworks and competing ESG disclosure standards. Although ESG reporting is still voluntary, the industry continues to […]
How To Embed Purpose into ESG Data and Company Culture
Purpose is a defining metric for how many people choose their careers, lead their lives, or contribute to the greater good of society. A purpose-driven culture relies on purpose-driven leadership. At some point or another, we all have been empowered and inspired by good proactive leadership that cares about the common good, especially in times […]
