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Originally published on SIA By Renee Thompson, Wesco International; Chair, SIA Environmental, Social and Governance Advisory Board Greenhouse gas (GHG) accounting and reporting have become crucial practices for organizations worldwide as they strive to address climatechange and meet stakeholder expectations.
Overview of CDP and Ecovadis Each of these frameworks offer distinct approaches to sustainability assessment, catering to various aspects of environmental and social impact. With CDP, businesses can report on how they manage carbon emissions, conserve water resources, and engage suppliers in their sustainability practices.
The Global Reporting Initiative (GRI) and CDP announced today a new cooperation agreement which will see the organizations more closely collaborate and align their reporting standards and platform, to help ease sustainability reporting for companies and improve access to data on corporate environmental impacts.
Climate research provider and environmental disclosure platform CDP and the European Financial Reporting Advisory Group (EFRAG) announced today that they have achieved a high degree of commonality and interoperability between CDP’s disclosure platform and the EU’s recently adopted European Sustainability Reporting Standards (ESRS).
Sofidel has once again been recognized by CDP – one of the main independent organizations for measuring and reporting environmental performance globally – for its commitment to fighting climatechange and deforestation. For more information, visit www.sofidel.com.
Originally published on NRG Energy Insights By Lynda Clemmons We are proud to share that NRG has achieved A- scores in both the 2023 ClimateChange and Water Security reports. We have a strong commitment to these goals , as sustainability is a cornerstone to the development and evolution of our business.
Climate Reporting in ASEAN: State of Corporate Practices analyzes those 420 businesses, focusing on their approach to reporting, materiality, risks and opportunities, governance, strategy, targets, and performance. The GRI Standards are developed through a multi-stakeholder process and provided as a free public good.
Climate research provider and environmental disclosure platform CDP announced the launch of the ability for companies to report on plastic-related impacts, following demand from investors for more information on companies’ plastic-related risk and exposure.
Originally published in the SEE Impact Report 2022 To mitigate the impacts of climatechange across the value chain, global packaging provider SEE drives strategic initiatives to manage and reduce greenhouse gas (GHG) emissions. For the past nine years, SEE has received scores of A or A- from CDP for its climate efforts.
DESCRIPTION: Stanley Black & Decker has signed a virtual power purchase agreement (VPPA) with ENGIE North America (“ENGIE”), a global leader in low-carbon energy solutions, to develop new wind energy in Texas. A VPPA is a long-term contract for renewable energy between a buyer and a power project developer.
The Association of ClimateChange Officers (ACCO). Certified ClimateChange Professional (CC-P) for mid-career professionals. CC-P Candidate Pilot Program for young professionals or professionals transitioning to a career in climatechange. CDPClimateChange Survey Certification.
of companies have disclosed credible climate transition plans, according to a new report released today by environmental disclosure platform CDP, assessing the state of climate-related reporting from more than 18,600 companies. Additionally, while 4,100 organizations reported that they have developed a 1.5°C-aligned
CDP runs a global environmental disclosure system, enabling investors and other stakeholders to measure and track organization’s performance in key environmental sustainability areas including climatechange, deforestation, and water security.
Utilizing CDP's platform for disclosure empowers you and your organization to embark on ambitious corporate action. In 2022, CDP had 23,592 companies disclose through the climatechange, forests, and water security questionnaires. To begin water stewardship strategy development.
Climate research provider and environmental disclosure platform CDP and the International Sustainability Standards Board (ISSB) of the IFRS Foundation announced today that CDP will incorporate the IFRS’ new climate-related disclosure standard into its environmental disclosure platform.
Illumina received leadership score with an A- from CDP. On December 13, Illumina received an A- score from CDP, which runs the global disclosure system for investors, companies, cities, states and regions to manage their environmental impacts. "We CDP defines top status as an A score. 2022 ESG Highlights.
Even before all that, we’d been watching the real-world risks of climatechange looming and growing across the United States and around the world. But the report didn’t pussyfoot around the issues: “Climatechange poses a major risk to the stability of the U.S. snowstorm within 48 hours.
Amidst four concurrent crises — health, economic, race relations and climate — one stand-out 2020 development has been the rebound of major stock markets and, particularly, the growing performance and prominence of environment, social and governance (ESG) traded funds. ESG investments: Exponential potential or surfing one wave?
Climate research provider and environmental disclosure platform CDP announced today the release of its company scores for 2022, including its annual “A List” of top performers. C-aligned climate transition planning, verification of deforestation commodity volumes, and verification of water data.
Everyone can see and feel the effects of climatechange, from record-setting heat to intensified wildfires , so the need to prioritize pledges like reaching net-zero is not just a matter of meeting government regulations. Developing partnerships along the supply chain can also help cut through the data-gathering and reporting maze. “As
Since engaging in Ørsted’s supplier decarbonization programme, Van Oord has begun developing a similar programme for its own suppliers, demonstrating a clear commitment to driving change. About Ørsted* The Ørsted vision is a world that runs entirely on green energy. Headquartered in Denmark, Ørsted employs 6,836 people. billion).
Ørsted develops, constructs, and operates offshore and onshore wind farms, solar farms, energy storage facilities, renewable hydrogen and green fuels facilities, and bioenergy plants. Ørsted is recognised on the CDPClimateChange A List as a global leader on climate action. Find us here: [link] [link] [link].
The number of companies reporting through research provider and environmental disclosure system CDP disclosing that they have a 1.5°C-aligned In 2023, a record of more than 23,000 companies disclosed through CDP, up 24% over the prior year, and representing companies worth $67 trillion, or more than 66% of global market capitalization.
Knowing Physical Threats Enhances Risk Assessment The number of companies that acknowledge climatechange’s direct financial impact grew 24% in 2023, according to a CDP Worldwide survey. Physical risks and opportunities are another. But transition risks continue to command more of companies’ attention than physical risks.
Despite approaching regulatory requirements across major markets to begin disclosing on emissions across the value chain, or “Scope 3” emissions, nearly 60% of companies failed to report on even one supply chain emissions category, according to a new report by environmental disclosure platform CDP. Click here to access the CDP report.
Everything about the city now has to [be seen through] this lens – what about climatechange?” Case in point: city council finally approved, but has not yet allocated funding for, a waterfront LRT meant to provide transit access to existing and planned high-density developments on Toronto’s de-industrialized port lands.
The Big Rocks Sustainability Summit held in June 2022 brought together a cross-functional group of Sustainability Champions and technical leaders from our Kitchen & Bath operations to discuss challenges and develop strategies to improve water stewardship at plants in high-risk watersheds and reduce scope 1 emissions.
As the number of severe weather events continues to rise across Canada and globally, it’s evident the fight against climatechange is a constant threat to our world’s health, safety, and sustainability. These companies are working across sectors to bring businesses together in their ambitions to address climatechange.
To help reach the 100% benchmark, T-Mobile developed a renewable energy strategy that includes eight virtual power agreements, 19 retail agreements, one Green Direct program, and unbundled Renewable Energy Certificates that support projects across the country. “T-Mobile trillion and operate in a diverse range of sectors.
The Barron’s accolade follows CBRE’s achieving an A- performance score from CDP on its 2023 climatechange disclosure. CDP’s annual climatechange disclosure and scoring process is recognized as the global standard of corporate transparency on climate impacts, risks and opportunities.
December marks the five-year anniversary of the Paris Agreement — a turning point for the movement to limit dangerous climatechange and environmental destruction. These leaders understood the direct linkage between climatechange and financial risk. On the fifth anniversary of the TCFD, a call to action. Ateli Iyalla.
DESCRIPTION: HONG KONG, March 7, 2022 /3BL Media/ - Lenovo has been recognized by the global environmental reporting non profit, CDP, as a Supplier Engagement Leader. As a leader, Lenovo received an ‘A’ ranking from CDP on its Supplier Engagement Rating, acknowledging its efforts to effectively engage with suppliers on climatechange.
DESCRIPTION: Bloomberg LP published its 2021 Impact Report, which outlines how the company continues to address climatechange through its operations and products, philanthropy and collaborations with partners and industry peers. This in turn helps markets to better understand how climate can impact businesses and economies.
How Companies Can Best Address ClimateChange Through Measurements and Accountability Climatechange is already a problem, as anyone who follows the headlines can see. all follow from changing weather patterns. In the battle against climatechange , companies are important actors.
Understanding Climate Scenario Analysis What is climate scenario analysis? Climate scenario analysis is a strategic tool used by businesses to evaluate the potential impacts of climatechange on their operations, assets, and overall business strategy.
These additional requirements include reporting on scope 3 GHG emissions, conducting a climate risk assessment to identify risks in alignment with the TCFD, completing the CDPclimatechange questionnaire and committing to developing a science-based target validated by the SBTi. Who does it affect?
In preparing the report, the company may follow a framework developed by a reputable agency, such as the Task Force on Climate-related Financial Disclosures (TCFD ). Report carbon performance data to an outside organization, such as CDP or Sustainalytics. CDP, for example, uses a standard questionnaire for all companies.
Governance and Trust Implemented an AI Governance Framework to evaluate the potential use of AI from ideation through all stages of the product development lifecycle. Earned its first-ever B from CDP for its work to address climatechange. 10) and BitSight (790 – Advanced) for the Dayforce Suite.
LAUSANNE, Switzerland, February 20, 2024 /3BL/ - Tetra Pak has been recognised for leadership in corporate transparency and performance on forests by global environmental non-profit CDP, securing a place on its annual ‘A List’. 1 The company also reported on ClimateChange and, for the first time, Water Security.
The company was also recognized for leadership in corporate transparency and performance on climatechange by CDP , securing a place on its annual ‘A List.’ Trane Technologies is one of 346 companies to be recognized with an ‘A’ score for transparency on climatechange by CDP – out of over 21,000 companies scored.
NEW YORK, June 30, 2023 /3BL/ - Today, the UN Global Compact Network USA (Network USA) recognized the 2023 USA SDG Pioneers — business leaders who are championing the Sustainable Development Goals (SDGs) and inspiring others to advance the 2030 Agenda for Sustainable Development.
The Living Planet Report 2022 shows an average decline of 69% in wildlife populations since 1970, thus emphasizing the dual crises of biodiversity loss and climatechange driven by human activities. Unlike the climate crisis that led to the signing of the Paris Agreement , biodiversity loss has received little attention until now.
Ignoring the realities of climatechange — and recognizing the disparate impacts that environmental harms have on systemically vulnerable populations — compels me to continue finding collaborative solutions and frameworks that can work for us all, the "tide that lifts all boats.". Associate, Corporate Engagement at CDP.
DESCRIPTION: ESG in Action As climatechange intensifies, so do the physical and transition risks to industries and companies. But how do investors quantify those changes? Historically, they’ve measured a portfolio’s climate impact based on its carbon footprint or weighted average carbon intensity. By Sara Rosner.
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