If your company has been receiving more data requests about your supply chain emissions and ESG practices from customers lately, this article is for you. Requests for ESG information are undoubtedly on the rise. Supply chain emissions and general ESG disclosures are gathering steam as major brands increasingly look to bolster supply chain sustainability. Amazon […]
The recently released International Sustainability Standards Board (ISSB) reporting standards for sustainability and climate-related disclosures marks a huge milestone in the evolution of global ESG and sustainability reporting. The standards are the culmination of a multi-decade effort to help companies integrate sustainability impacts into their finances, bringing order to the messy landscape of ESG disclosure […]
The growing influence of ESG is unmistakable. ESG-related assets are set to make a fifth of global assets under management by 2026. Most investors (76%) claim that they will stop investing in non-ESG products in the next two years, and 70% of US CEOs claim that their ESG program improves their financial performance. It is […]
These days, more large publicly traded companies are either voluntarily setting ambitious carbon reduction targets are being mandated to monitor scope 3 emissions and consider a broad number of value chain sustainability issues. But why should private companies care about these issues? As part of the value chains and therefore scope 3 emissions of these […]
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 […]
By 2024, 92% of major buying organizations will require suppliers to disclose Environmental, Social, and Governance (ESG) information. The same recent study also revealed that ESG laggards could lose opportunities to win big contracts. With more ESG regulations on the way and a global green agenda in full swing, it won’t be long before the 92% […]
Navigating Environmental, Social, and Governance (ESG) reporting can, at times, become a frustrating labyrinth of acronyms, surveys, standards, and ratings mixed in with hundreds of ESG criteria, which constantly change. It’s incredibly challenging to know where to start with reporting frameworks and competing ESG disclosure standards. Although ESG reporting is still in its infancy, the […]
The U.S. Government is focused on driving sustainability through its procurement processes. New Federal policies have been introduced to incentivize Federal contractors to measure, manage and report on their greenhouse gas (GHG) emissions and other environmental, social, and governance (ESG) initiatives. To win more contracts and maintain their competitiveness, contract bidders must keep relevant Federal […]
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 […]
After a two-year wait, the U.S. Securities and Exchange Commission (SEC) has officially passed a groundbreaking climate disclosure rule that sets a clear course for business sustainability efforts and provides decision-useful climate risk disclosures to investors. The finalized rule was voted through 3-2 on Wednesday, March 6th, 2024 and will require companies listed on the […]
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 […]
Environmental, Social and, Governance (ESG) has become today’s business imperative. Good.Lab’s ESG 101 Guide is designed to help business leaders quickly come up to speed on the basics of ESG, understand the importance of ESG for their company, and learn how to build a world-class ESG program from the ground up. ESG Defined Once upon a […]