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The abuse of workers’ rights was severe in 2022 2 , with only 3 out of 148 countries showing improvements in this area 3. In recent years, socialsustainability has gained increasing attention from businesses, consumers, regulators, and civil society.
DESCRIPTION: December 15, 2022 /3BL Media/ - Whirlpool Corporation announced that it has been named to the 2022 Dow Jones Sustainability World Index (DJSI) in recognition of the company’s ongoing focus on responsible and ethical business practices. Learn more about its environmental sustainability strategy: [link].
25% CO2e emissions reductions across our manufacturing 39% In 2022, 39% of the electricity used in our manufacturing sites was renewable, compared to 32% in 2021. 96% In 2022, 96% of our packaging was designed to be recyclable, on track for our goal of 100% by 2025. All the different elements can and must reinforce each other.
Issuance volumes of green, social, sustainability and sustainability-linked (GSSS) bonds rebounded strongly in Q1 2023, resuming double-digit growth trends after falling 18% in 2022, according to a new report from Moody’s Investors Service. trillion in 2021. While the U.S. Non-financial corporate issuance in the U.S.
India’s entry into the green bond market follows the government’s introduction in recent years of a series of climate-related goals, including a pledge made at the 2021 COP26 climate conference to reach netzero by 2070. The Excluded Project category also includes nuclear power generation and hydropower plants larger than 25 MW.
Moody’s forecasts the GSSS bond market to grow 10% in 2023 to issuance of $950 billion, after declining 18% in 2022 to $862 billion, from a record $1.05 Despite the 2022 decline, the sustainable bond market substantially outperformed the global bond market, which saw issuance volume fall by 27%. trillion in 2021.
A third challenge — equally one we see as an opportunity — comes around socialsustainability and workplace culture. In 2022 we launched our global Smart Working policy, which provides a flexible structure to help leaders, teams and employees consider where, when and how work best gets done.
As part of our continued commitment to the future and in line with our strategic ambition to lead the sustainability transformation, we have taken a holistic approach across five interconnected areas where we can contribute the most: food systems, circularity, climate, nature, and socialsustainability.
DESCRIPTION: PARIS and SHANGHAI, February 24, 2022 /3BL Media/ - On 17th and 18th February 2022, The Consumer Goods Forum (CGF) successfully held the fourth edition of its annual China Day series of events. Only by respecting nature and pursuing a harmonious co-existence with nature can we achieve sustainable prosperity.”
With new pressure to act on climate change, NBS members want to know how to get to netzero throughout operations. Get Started: How to Be a NetZero Company offers guidance (with a video). Socialsustainability requires considering their needs. Sustainable Finance 10. And they seek inspiration.
Taking into account both national and regional targets, the digital twin provided evidence-based projections of future energy demands and emissions, informing the critical pathway to reach a netzero energy system across the region. Our road map to achieving these ambitions is the Regional Energy Masterplan.
CIM was awarded “Sustainability Project of the Year” at the Analytics Institute, Analytics and AI Awards 2022. The “Sustainability Project of the Year” award celebrates an initiative that has, at its heart, the goal of expanding the sustainability and efficiency of the data and analytics industry.
In the 2022 report, it was followed by board issues (US$2.87 trillion) including director pay, independence and diversity, and sustainable natural resources/agriculture (US$2.79 Both environmental and social proposals are winning greater levels of support, it noted. We see climate change as a predominant specific factor.
percentage points from 2019 to 2022, and has remained flat since. The announcement last week of a consultation on the sector’s role in Britain’s netzero transition only added to its challenges. The portion of total income earned by and paid to workers fell by 0.6 Is now the right time for investors to quit a fading industry ?
Kristensen, who joins from a similar role at Federated Hermes – following spells at Jyske Bank and Neuberger Berman – reports to Client Group Co-head Paul Voûte, who has made deepening institutional relationships a priority since taking up his role in 2022. The intensity around sustainability is not going away,” said Voûte.
trillion), said the RIAA’s Responsible Investment Benchmark Report 2022 , co-authored by consultancy EY. Responsible investment opportunities received a further boost earlier this year with the election of a new government committed to transitioning Australia toward a low-carbon economy in line with an accelerated netzero pathway.
Mondelēz 2022 Snacking Made Right Report A more sustainable supply of key raw materials such as cocoa, wheat, dairy, and palm oil is critical to the continued growth and success of our business, to the resilience and prosperity of the communities producing these raw materials, and to the protection of the landscapes the ingredients are grown in.
It focuses on five interdependent areas: food systems, circularity, climate, nature and socialsustainability. The company’s Sustainability Report FY23 [3] shows a 20% reduction in value chain [4] GHG emissions and a 47% reduction in GHG emissions across its own operations since 2019.
The weight of this KPI has been reweighted to the sustainable revenue KPI. download full results methodology press release previous rankings back to top The 2024 Global 100 companies earned 51% of their revenues from sustainable sources in the fiscal year 2022, up from 50% the prior year. CLIMATE COMMITMENTS 1.5˚C
Since then, heatwaves across the northern hemisphere, gathering energy and food security crises, and climate policy actions across the globe, notably in the US , have raised new questions about the path to a netzero economy – alongside concerns about the impact of inflation, disruption and transition on existing economic and social inequities.
Much of the required fund-raising will be realised through sustainable bonds, said Moody’s, due to a post-pandemic focus on investment to achieve UN Sustainable Development Goals (SDGs) and major governments’ pursuit of netzero CO2 emissions targets. trillion by the end of 2022.
David Zahn , Head of Sustainable Fixed Income at Franklin Templeton , says new standards and innovations are expanding the supply of green bonds to meet increased investor demand. Investor demand for green, social, sustainability-linked and transition bonds (GSS+) continues to rise rapidly, outstripping supply.
billion of climate finance for developing countries in 2022, it was revealed this week, exceeding for the first time the US$100 billion annual level set in Copenhagen in 2009. Ten years after – It might have taken them a little more than a decade, but at last they got there. Developed nations mobilised US$115.9
The final draft of the Platform for Sustainable Finance’s ( PSF ) social taxonomy proposal has been adjusted to integrate more fully with existing European sustainable finance legislation to minimise regulatory burdens. The Commission will now conduct a review of the social taxonomy in due course.
Increasingly, Indigenous people and non-Indigenous allies, via consumer activism and ethical investing criteria, are having a significant impact on the economic bottom line of companies that do not source their raw materials in a manner that is environmentally and sociallysustainable. Driving the race to net-zero.
Jennifer Wu, Global Head of Sustainable Investing at J.P. Morgan Asset Management, offers five reasons why sustainable investing will matter even more in 2023. 2022 saw sustainable investing go through extensive scrutiny. No-one should disregard the many environmental (and social) benefits trees provide.
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