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Acre's Marie Cloherty, Director of Sustainable Business unpacks the myriad benefits ChiefSustainabilityOfficers can bring to large businesses in her latest article for Business Green. It is only in the last few years that a board-level representation of sustainability has become an expectation within a modern business.
To meet today’s global sustainability challenges, the corporate world needs more than a few chiefsustainabilityofficers – it needs an army of employees , in all areas of business, thinking about sustainability in their decisions every day. Closing the gap.
Additionally, the SEC climate disclosure rule expected this fall will dramatically increase the number of firms required to report; creating a tsunami of new sustainabilityprofessionals. This is after the number of super empowered ChiefSustainabilityOfficers (CSO) already tripled in 2021, according to a PWC study.
This week in ESG news: CFA Institute launches climate investing certification; BlackRock invests $550 million in carbon capture project; CDP to align with European sustainability reporting standards; KKR raises nearly $3 billion for impact fund; France bans fossil fuel companies from responsible investment funds; GRI, IFRS launch hub to help companies (..)
1] Over the past few years many government agencies — at the federal, state and local levels — have raised sustainability higher on the list of their priorities. Many have hired sustainabilityprofessionals, established sustainabilityoffices, and some have even developed sustainability strategies and targets.
She passed a Zero Carbon Bill during her first term that mandates net-zero emissions by 2050 and campaigned on tougher action this term. . Amid that soul searching, one of the largest law partnerships in the world, Baker McKenzie, named its first chiefsustainabilityofficer, Alyssa Auberger.
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