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Data scientists are utilizing large data sets, implementing use cases such as transforming supplychain models, responding to increased levels of fraud, predicting customer churn, and developing new product lines, to mention a few key use cases. Cisco Infrastructure Solution for Data Analytics. CDIP in action.
Business data and analytics provider Dun & Bradstreet announced a significant expansion in its ESG rankings, growing coverage to 74 million public and private companies, from 42 million.
Great strides have also been made in transforming Schneider Electric’s supplychain. Efforts across the company to act responsibly with resources mean 63% of Schneider Electric’s product packaging is now free of single-use plastic and made of recycled cardboard.
While most companies have implemented carbon footprint reduction programs in their factories, buildings and fleets, not many have yet mastered how to tackle the emissions of their supplychains. According to CDP 2021 supplychain report , upstream emissions are 11.4 Reason 2: reduce risks.
We choose mathematically and analytically and concentrate on those communities on the wrong side of the poverty line.". All of the reporting entities, we're in alignment with — the Global Reporting Initiative, the CDP, the Task Force on Climate-related Financial Disclosures. I've got history in sustainability, but I'm a business guy.
The good news is that across the globe, more than 9,600 companies disclose their environmental goals and performance measures in line with guidelines from nonprofit CDP. But for smaller companies in the supplychain, there will be indirect pressure on them to press forward with reducing their own GHG emissions.
SASB, GRI, CDP) with new findings and communicate the value of resilience and sustainability to your stakeholders early on and future-proof your sustainability reporting against future SEC regulations. You can also divest from risky assets and manage risk within the supplychain.
Additionally, SpheraCloud Corporate Sustainability simplifies the calculation and reporting for all relevant standards and frameworks (such as GRI, CDP, PCAF, SASB and TCFD),?ESG ESG ratings agencies?(such such as MSCI and DJSI) and existing and emerging regulations (such as SEC and European Commission).
Participants in the survey – conducted for ESG scoring analytics platform provider GaiaLens – were split equally across the two regions, overwhelmingly drawn from pension schemes. Other concerns included ‘lack of standardisation for weighting and measuring ESG performance’ and ‘accuracy of existing ESG scoring and rating systems’.
ESG Investor’s weekly round-up of news on technology and tools in the sustainable investing sector, including GRI, Sustainalytics, ISS ESG, CDP, Diginex, Esgaia and Normative. . ESG and corporate governance research, ratings and analytics firm Sustainalytics ? GRI 12 will come into effect for reporting from January 2024. .
“I hope in 2023 we will start to see transition plans at every level – with companies, countries and international institutions setting out their routes towards a net zero future – give it a go and get involved.” In analysis recently prepared by non-profit CDP, of those organisations who have disclosed a transition plan, only 0.4%
Keeping track of all the possible biodiversity and nature-related risks and impacts across a large corporate’s supplychain becomes “incredibly complex”, Cozic says.
Ian Spaulding, CEO of LRQA, says digital tools and analytics can play a major role in improving investor oversight of ESG risks. Last year we saw evidence that human rights and child labour issues are impacting supplychains operating in the US and Europe, as well as those based in developing nations.
When it comes to reporting on Scope 3, you’ll need to have more visibility across your entire supplychain and a way to collect and aggregate all that data. Measuring performance: Our software enables corporations to monitor their ESG performance and get valuable real-time insights with sustainability analytics and dashboard tools.
The World Meteorological Organization’s ‘ State of the Climate 2024 ’ update, published on the first day of COP29, reports the global mean temperature in 2024 is on track to outstrip the temperature of the current warmest year: 2023. Physical risks emerging from extreme weather events are already disrupting supplychains, curtailing crop yields (..)
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