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This trend of shareholder and consumer scrutiny has strengthened in recent months, and most S&P 500 companies — in fact, 70 percent of them — already make climate-related disclosures to the reporting platform CDP (formerly the Carbon Disclosure Project). The previously mentioned CDP has a large database of disclosures.
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All of the reporting entities, we're in alignment with — the Global Reporting Initiative, the CDP, the Task Force on Climate-related Financial Disclosures. Then we're also looking at how we build the carbon impact into carrier selection for third-party logistics. Anytime we can provide real-time updates, we will.
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For global companies producing and importing the seven commodities impacted by the regulation – soy, beef, palm oil, wood, cocoa, coffee and rubber, and their derived products – into EU countries, EUDR might lead to significant logistical, reporting, and financial challenges.
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New for 2023, all 18,000+ companies responding to the CDP Climate questionnaire, which includes the vast majority of SR Inc Member-Clients, will have to respond to four new questions on their alignment with sustainable finance taxonomy.
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KG – German food and beverage company Shanghai Zijiang Color Printing&Packing CO., The post Net zero transition – the latest signals of change: April 14, 2023 appeared first on We Mean Business Coalition.
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