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Business and financial markets information service provider Bloomberg announced today the launch of a series of indices covering sustainable finance instruments including green, social and sustainability bonds.
Foundation FSSC’s FSSC 24000 SocialSustainability Management System Certification Scheme is currently being benchmarked under the SSCI’s Processing and Manufacturing scope (Social). FSSC 24000 is the fourth SSCI Benchmark applicant to advance to the public consultation stage of the SSCI Benchmark.
Guidance documents aimed at borrowers, lenders, external reviewers and other stakeholders in the loan market. The guidance is based on the ICMA 2021 Guidelines for Green, Social, Sustainability and Sustainability-Linked Bonds External Reviews to promote consistency across debt (bond and loan) markets.
PARIS, February 15, 2024 /3BL/ - The Consumer Goods Forum’s (CGF) Sustainable Supply Chain Initiative (SSCI) is pleased to announce that Foundation FSSC has successfully completed the SSCI Benchmarking process and achieved SSCI Recognition for their FSSC 24000 Scheme. More information on the FSSC 24000 Scheme is available on their website.
Case Studies Journey Towards Enhancing Reputation & Futureproofing: Swedish Multinational Conglomerate Risk was top of mind for a Swedish multinational conglomerate which has embarked on a journey to future-proof its operations by initiating a 10-year strategy for socialsustainability.
The amfori BSCI System Manual is a four-part document that aims to provide system users with rules and processes that will make working conditions more efficient and resilient within one’s business. Drawn on the rules and principles of the amfori BSCI Code of Conduct, the amfori BSCI System applies to all amfori BSCI audits.
Global issuance of labelled sustainable bonds – including green, social, sustainability, sustainability-linked, and transition bonds – declined sharply in the second quarter of 2024, as fewer new issuers entered the market and issuers contend with regulatory scrutiny, according to a new report released by Moody’s Ratings.
In this article, we will explore various aspects of sustainable forestry certifications, including the certification process, objectives, audits, and the importance of continually raising the bar for environmental and socialsustainability in the forestry industry. What is a sustainable forestry certification?
Just as environmental and economic sustainability require careful preservation and use of natural and financial resources, people sustainability requires treating people and human potential as precious resources that must be supported and valued to drive resilience and agility — and the future we all wish to see.
We are committed to adopting, within the supply chain, every useful tool to ensure respect for social and environmental sustainability, the protection of workers' rights and a fair economic return for the various operators.
ESG Investor’s weekly round-up of news on technology and tools in the sustainable investing sector, including Bloomberg, Normative, Sugi, ISS ESG, FE fundinfo and MSCI. .
Under the proposals , part of the watchdog’s consultation on Sustainability Disclosure Requirements , there will be three categories of labels for sustainable investment products. But at least with the new regime it will no longer be possible to bury caveats at the back of fund documents,” he said.
Best practices during the Covid-19 pandemic, especially those adopted in Asia-Pacific countries, should be documented and disseminated rapidly. Considering their size and importance in the global economy, G20 countries should intensify policy efforts and actions for a Covid-19 recovery built around the SDGs.
Companies may withhold identification documents, deceive workers about their contract, and threaten those who complain with deportation. Initiatives such as KnowTheChain , NGOs such as Verité and IHRB , and socialsustainability consultancies such as ELEVATE offer guidance. (As Would you ever pay this much to get a job?
The overwhelming market consensus is that this is will not be reflected in documentation anytime soon. There is, and will continue to be, discussions as to whether a breach of an ESG provision should constitute a default and/or an event of default.
Looking forward, WELL is poised for even faster adoption, bolstered by signature partnerships, global policy advancements and an increased focus on socialsustainability. Beyond formal reporting, WELL has also been included in over 200 ESG, CSR and sustainability reports since 2018.
An important key to unlocking that finance lies in green and sustainable emerging market bonds, which promise lenders both returns and the opportunity to invest in projects with an ESG impact. Inclusion of a requirement that details community and grassroots-level involvement. Recourse for misuse of funds.
In relation to the other two labels, I suggest examples which can usefully be adopted for real estate strategies: Sustainability improvers: invest in assets that have the potential to become more sustainable, determined by their potential to improve environmental and/or socialsustainability over time.
The finalised DR document outlines all 13 RTSs and provides an explanatory memorandum. Further, it includes templates for a principal adverse sustainability impacts statement , pre-contractual disclosure documents for Article 8 and 9 funds, and periodic disclosure documents for Article 8 and 9 funds. .
What are global asset managers doing to address social concerns? According to figures published from Environmental Finance Data, US$889 billion was raised through green, social, sustainability, sustainability-linked and transition bonds in 2022 – taking the cumulative total raised by these instruments to $3.5
Human Rights Day marks the anniversary of the day in 1948 when the United Nations General Assembly adopted the Universal Declaration of Human Rights, a milestone document that enshrines the rights of all human beings.
Any organisation sharing the tool and guidance document should acknowledge the contributions of the developing organisations. For more information, please contact the contributors through the email below: info@aim-progress.com and social@theconsumergoodsforum.com. It is available to download online.
He noted that the recovery from the 2008 financial crisis was based on the notion of economic sustainability, whereas little attention was given to the notion of socialsustainability. In all academic and scientific documents, sustainability includes resilience.
Second-quarter issuance represented US$238 billion, down 20% year-on-year, while global issuance of green, social, sustainability, sustainability-linked and transition bonds totalled US$238 billion – also down 20%.
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