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The rise of the chief sustainability officer

Corporate Knights

public company to appoint a chief sustainability officer (CSO). Compliance and risk still play an important role, but we see CSOs increasingly take more responsibility for value creation.” In many cases, Deloitte found, “the CSO is emerging as the ‘sense-maker in chief’ in the organization.” “My

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IWBI Announces Inaugural Social Sustainability Summit in New York

3BL Media

Increasingly, real estate practitioners and investors acknowledge the role that social sustainability can play in driving long-term financial returns,” said Kelly Worden, IWBI’s Vice President of ESG and Social Sustainability. “We Social sustainability equals investment value creation.”

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Only 42% of Companies Disclosing on CSRD this Year Fully Confident in Meeting Sustainability Reporting Requirements: PwC Survey

ESG Today

While companies are still gearing up their CSRD reporting capabilities, nearly all report plans to invest in technology and training to meet their new sustainability reporting requirements, the survey found.

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80% of Companies See Sustainability as a Potential Revenue, Profitability Driver: Morgan Stanley Survey

ESG Today

Only 1% responded that sustainability is not material to long-term corporate strategy. There may yet be challenges in developing expertise and financing models, but corporate leaders view sustainable business practices as fueling the creation of value as well as the mitigation of risk.”

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8 Leaders at Davos 2022 Explain How Business Can Deliver on ESG Promises

3BL Media

The World Economic Forum’s Measuring Stakeholder Capitalism: Towards Common Metrics and Consistent Reporting of Sustainable Value Creation , launched in 2020, enabled businesses to track their contributions towards the SDGs on a consistent basis. Daniel Schmid, Chief Sustainability Officer, SAP SE.

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Fifth Third Celebrates Five Years of 100% Renewable Power

3BL Media

The project was made possible through a virtual power purchase agreement (VPPA), which guaranteed that Fifth Third would purchase all the electricity generated, thereby enabling the developer of the solar project to secure funding and build the project.

Banking 162
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Charting the Path Forward Faster: Reflections on Climate Week NYC 2023

3BL Media

Collaboration, the critical role of finance and sustainability, and innovation emerged as key themes throughout the sessions. Progress Calls for Collaboration In 2015, the Member States of the United Nations adopted The 2030 Agenda for Sustainable Developmen t, including 17 Sustainable Development Goals.