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 […]
What is the SEC climate-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 traded […]
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 metrics are an increasingly important way of holding companies accountable when it comes to sustainability efforts. Companies need to do everything they can to […]
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 […]
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 […]
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 […]
ESG impact measurement, reporting and ratings today are the wild west. That is without a doubt. As to their usefulness, it depends entirely on how the ESG data is being applied. In a recent Harvard Business Review article focusing on Sustainability, Inc., Kenneth P. Pucker makes some solid arguments. He highlights what he sees as the […]
Social and environmental ESG data can be difficult to measure. ESG surveys can feel repetitive and the rating audits, challenging and time consuming. It’s tempting for CEOs both new and those experienced in the ESG marketplace to take a passive approach to ESG reporting. When addressing ESG data, evaluating what is material to your financial […]
Climate resilience is in the spotlight across the globe, and companies are being called to action. On Earth Day, President Biden announced a sweeping climate agenda to halve U.S. greenhouse gas emissions by 2030 and become net-zero by 2050, accompanied by a $2 trillion infrastructure plan to meet these goals. Corporate leaders and boards across […]