Environmental, Social and, Governance (ESG) has become today’s business imperative. Good.Lab’s ESG 101 Guide is designed to help business leaders quickly understand the basics of ESG, the importance of ESG for your company, and how to build a world-class ESG program. What is ESG Five years ago, a static annual sustainability report may have been enough. […]
The role of the Chief Financial Officer (CFO) has evolved significantly in past years to include Environmental, Social, and Governance (ESG). Gone are the days of the CFO who focuses only on accounting. Enter the ESG-focused Chief Financial Officer who is required to be fluent in environmental metrics, sustainable supply chain dynamics, and carbon accounting […]
Environmental, social and governance (ESG) expectations are increasing rapidly. Disclosure and reporting are more pressing than ever – 90% of S&P 500 index companies now publish sustainability reports – which will likely increase under new SEC leadership. Technology industry leaders like Google, Salesforce, Microsoft, Amazon have publicly committed to ambitious targets across a range of […]
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 […]
State of ESG It’s not just because of our industry that I firmly believe Environmental, Social, and Governance (ESG) is here to stay; across industries, geographies, and company sizes, organizations have been allocating more resources toward improving ESG performance. More than 90 percent of S&P 500 companies now publish ESG reports in some form, as […]
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) expectations for companies and the regulatory environment continue to evolve rapidly for companies. That’s why this quarter is all about agility, enabling us to introduce powerful new tools for our ESG strategy and management platform and with added capabilities for in-house ESG leaders, sustainability consultants, and private equity firms and other […]
Good.Lab, an Environmental, Social, and Governance (ESG) data software company, has announced the launch of a Materiality Assessment Tool as part of its ESG performance software. The Materiality Assessment enables organizations to quickly identify and prioritize among numerous ESG topics and is considered a critical first step in successfully launching an ESG strategy. Conducting a Materiality […]
What is Materiality in ESG Materiality, in environmental, social, and corporate governance (ESG), refers to the business importance, financial significant, and stakeholder value of a specific ESG topic. Understanding materiality is a critical early component in crafting a lasting and successful ESG strategy for your company. The ESG Materiality Assessment is the exercise that helps your […]
In case you missed it, over the weekend, the U.S. Senate passed a major climate bill known as the Inflation Reduction Act of 2022. This bill is a once in a generation opportunity for decisive action in the battle against climate change and we’re celebrating what is already being heralded as, “the single most important […]