The role of the CFO in ESG performance is changing ESG performance is rapidly becoming a critical business issue for companies of all sizes. Boards and audit committees are increasingly interested in ESG reporting, and Chief Financial Officers (CFO) are increasingly being asked to deliver ESG data to investors. As ownership of ESG reporting shifts […]
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 […]
What is the SEC climate risk disclosure mandate Today the SEC proposed a groundbreaking rule for climate-related disclosures for public companies in the U.S. The agency’s commissioners voted 3-1 in favor of the proposal and will now open it for a period of public comment. The proposal mandates publicly traded companies to measure and report on […]
Setting ESG goals is an essential part of defining your ESG strategy. Intentionally choosing the path you want to take on ESG strategy is more likely to lead to improved performance. Even if you know where you are today, charting a course toward a desired state requires careful setting of data driven ESG goals. The […]
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 […]
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 and its related measurement is an increasingly important way of holding companies accountable when it comes to sustainability efforts. Companies need to do everything […]
Is your company ready to start on its ESG journey? Andries Verschelden, Good.Lab’s CEO, shares insight, tips, and tools for facilitating the corporate sustainability transformation. Why Companies Are Accelerating Their ESG Journey Now Staying ahead in the ever-evolving sustainability landscape has quickly become the next durable competitive advantage and trend of our era. In his groundbreaking letter to CEOs earlier […]
It’s December, so you know what that means: ESG Predictions for what’s to come in 2022. Business executives around the globe are eagerly looking forward to what they believe will be a strong year for business in contrast with the past two. To help companies prepare now for ESG success in 2022, we asked our network of sustainability […]
Climate action is taking center stage as momentum builds in the run up to the COP26 climate conference in November. 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 […]
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 […]
In the wake of the 2020 coronavirus pandemic, record-breaking pools of investment capital poured into ESG funds to profitably combat the planet’s intractable social and environmental problems. Now double the ESG investment is expected to mobilize in the years to come. Due to mounting pressure from limited partners to minimize risk and to align 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 in its infancy, the […]