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The 33 sustainability certifications you need to know

GreenBiz

The organizations that comprise the infamous alphabet soup of reporting frameworks and standards each provide their own approach to the reporting of sustainable value creation and disclosure of climate-related risks, which makes deciding what reporting-related certification to pursue incredibly difficult.

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Beyond emissions: The life of a carbon molecule

GreenBiz

According to an analysis of CDP data , just seven industries account for 85 percent of direct Scope 1 emissions. That means a lot of companies — and, indeed, entire industries — need to identify levers of influence that align with their operations, business models and value creation strategies. Moving along the value chain.

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Clorox Chief Sustainability Officer’s 4 Takeaways From Climate Week 2024

3BL Media

Discussions with organizations across a wide spectrum of sectors highlighted that ESG reporting goes beyond traditional financial reporting by incorporating critical elements like cost avoidance, risk mitigation and long-term value creation.

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83% of Companies Say Collecting Accurate Data for CSRD Reporting Requirements will be a Challenge: Workiva Survey

ESG Today

Similarly, 88% said that integrated financial and ESG reporting will have a positive impact on long-term value creation. Among the reasons suggested by the study of companies’ plans to meet the challenging CSRD reporting requirements were the widespread perception of benefits that can be derived from improved ESG reporting.

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Developing a Profound, Climate Strategy Through Deep Decarbonization

Sphera

Furthermore, a 2021 Carbon Disclosure Project (CDP) report shows that significant gaps exist in the disclosures of companies’ climate strategies. Just over a third of the companies reviewed are considered to have credible emissions reduction targets and less than 1% is reporting on all of the CDP’s key climate transition-focused indicators.

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Henkel 2023 Sustainability Report: Regenerative Planet

3BL Media

The CDP rating of A- for our climate commitment demonstrates the strength of our efforts to do our part to help find a solution. Circular economy Decoupling economic growth from the consumption of finite natural and fossil resources and developing a circular economy are key approaches to sustainable value creation and climate protection.

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Global Sustainable Finance Insights Series | Sustainability Reporting in Financial Services

3BL Media

Banks will often have dedicated senior resource in the role of Head of Sustainability Reporting or Head of Sustainability disclosures, supported by specialist reporting teams looking at specific frameworks like TCFD, TNFD, CDP and GHG Protocol. There is still a dotted line into the group sustainability team to provide thematic expertise.

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