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 […]
Understanding the Materiality Assessment – and why it’s the essential first step in your ESG journey
What is Materiality in ESG Materiality, in environmental, social, and corporate governance (ESG), refers to 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 stakeholders […]
The impact of the Climate Bill (Inflation Reduction Act) on mid-market companies
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 […]
How Private Equity Can Profitably Tap into the Full Potential of ESG
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 […]
The New Role of the ESG-Focused Chief Financial Officer
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) 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 […]
Why ESG performance is top of every CFOs Inbox – and what to do about it
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 […]
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 […]
SEC proposes groundbreaking mandatory ESG and climate-related disclosures for public companies
What is the SEC ESG 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 to report on various ESG criteria and will now open it for a period of public comment. The SEC ESG proposal mandates publicly […]
5 steps to making data driven ESG goals part of your business strategy
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 […]
Sustainability themes will dominate Super Bowl LVI automotive ads
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 […]
