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The finance sector has been watching environmental, social and governance (ESG) issues for years, particularly the gradual progress towards higher expectations from stakeholders and the general public, as well as more defined regulations and standards coming from governments and regulatory bodies. In 2021, the focus on ESG accelerated.
International bodies are working to solve that problem, and at the COP26 conference in 2021, the International Sustainability Standards Board (ISSB) was established in order to merge the many ESG disclosure standards into one, as well as encouraging the uptake of these standards globally.
Cisco’s partnership with COP26 – This was the United Nations Climate Change conference that brought together over 200 countries to accelerate action on the goals agreed to at the Paris Agreement and the UNFCC. Wendy Mars, President Cisco EMEAR, is a firm believer that “as you digitise you also drive a sustainability agenda.”.
The same year, An joined the company, tasked with setting up its public relations and corporatesocialresponsibility department (CSR). According to An, the coming together of the finance sector in support of the global transition to net zero has been responsible for propelling sustainability into the mainstream.
Alok Sharma , president of the COP26 climate summit, held back tears in his closing speech at the climate change conference in Glasgow last November. Corporations realize that lack of attention to corporatesocialresponsibility, sustainability, and environmental awareness can increase reputation risk.
They are also preparing for the impact of the 26 th Conference of Parties (COP26) in Glasgow, Scotland. Working Group 1’s contribution to the Sixth Assessment Physical Science Basis report has been described as “Code Red” for humanity, and with less than 60 days until COP26, there has never been a better moment for bold leadership.
They are also preparing for the impact of the 26 th Conference of Parties (COP26) in Glasgow, Scotland. Working Group 1’s contribution to the Sixth Assessment Physical Science Basis report has been described as “Code Red” for humanity, and with less than 60 days until COP26, there has never been a better moment for bold leadership.
SUMMARY: The need for climate finance – the local, national, or transnational financing that enables climate change mitigation and adaptation – was much debated at COP26. However, the onus is now firmly on government, policy and corporate stakeholders to translate ambition into impact. SOURCE: EcoVadis.
Answering A Question From COP26: “Hell Yes”. Jim Boyle, CEO of Sustainability Roundtable Inc, as a delegate of the Sustainable Innovation Forum at COP26 in Glasgow, Scotland. UN News, “COP26: Enough of ‘treating nature like a toilet’ – Guterres brings stark call for climate action to Glasgow,” United Nations, November 1, 2021.
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