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Sustainableinvesting is changing globalsupplychains: 4 key takeaways. Sustainableinvesting strategies have ascended quickly in the last 10 years. For more great analysis of ESG and sustainable finance, sign up for GreenFin Weekly , our free email newsletter.). José Miguel Salazar.
December 19, 2024 /3BL/ - Integrating sustainability into supplychain operations is more than an ethical imperativeits a smart business move. This report highlights how integrating sustainability measures can serve as a catalyst for substantial improvements in both economic efficiency and strategic innovation.
The survey found that sustainability was one of several areas anticipated to see increased investment in 2024, as business leaders feel increasingly confident about future growth, with 56% of respondents reporting optimism about the outlook for their organizations, compared to only 42% in the prior year’s survey.
With ESG gaining more attention and more companies committing to reaching net-zero emissions in the coming decades or otherwise pledging to do better by people and the planet, it’s inevitable that the next generation of professionals in the field will define the future of sustainable finance.
The globalsustainability transition is now deeply rooted in the globaleconomy and the companies that rise to the top of Corporate Knights annual Global 100 ranking are at the forefront of this megatrend. In many industries, growth in sustainable revenue accounts for most of the growth in the past five years.
For years, the relationship between sustainability and profitability in supplychain management was viewed as a zero-sum game. This data marks a critical inflection point, repositioning sustainability from a burdensome requirement to a strategic lever for financial growth, efficiency, and resilience.
Key risks and opportunities include: Increased frequency and severity of storms, floods, and heatwaves that can disrupt supplychains, damage infrastructure, and impact workforce availability. This assessment is crucial for understanding how climate change impacts could affect your operations, supplychains, and market positioning.
Climate change ranked second in the survey’s list of top 3 most pressing issued to focus on over the next year, at 42%, behind economic outlook at 44%, and ahead of other high profile issues such as supplychain (33%) and competition for talent (34%).
By: Bruno Sarda, TMT Climate Change & Sustainability Services Leader, Ernst & Young LLP Leaders from across the globe recently reconvened for the World Economic Forum’s 53rd annual meeting in Davos, Switzerland, and covered everything from the COVID-19 pandemic and the war in Ukraine, to the state of the globaleconomy and more.
For financial institutions such as banks, insurance companies and investment managers, scope 3 emissions from supplychains and lending/investment portfolios are often more complex than for other industries. Clearly much more needs to be done to pivot towards more sustainableinvestment and lending practices.
In a letter to the Commission, WindEurope explained how low volumes of permitted projects have impacted Europe’s wind turbine manufacturers and wider supplychain. However, investors have previously told ESG Investor that the inclusion of gas won’t change their perceptions of what constitutes sustainableinvesting.
Figure 1: Emerging Regulations and Standards on Sustainability and Climate Disclosure and organizations involved (Source Deloitte ). Besides, mandatory sustainability reporting is also progressing rapidly at the country level. Examples are the Swiss art 964 and the German supplychain act. Thank you GRI! Source VBA.
Firstly, the globaleconomy is in the midst of the clean energy transition, one of the biggest changes to an economic system since the second industrial revolution, which introduced mass production in the late 19 th and early 20 th century. Dynamic market expansion.
ESG Investor’s weekly round-up of news on technology and tools in the sustainableinvesting sector, including MSCI, Tumelo, DSD Lab, Exabel, YoujiVest, R3 and Hope for Justice. .
International shipping accounted for 2% of global energy-related CO2 emissions last year, according to the International Energy Agency (IEA). More recently, in June the International Maritime Pollution Accountability Act and the Clean Shipping Act 2023 were introduced to the US Senate.
In its latest synthesis report , the Intergovernmental Panel on Climate Change (IPCC) issued a “final warning”, calling for swift and decisive action to keep global average temperature rise to <1.5°C Averting this cataclysm requires the reduction of global anthropogenic greenhouse (GHG) emissions to net zero by 2050.
That loss would be a massive hit to the globaleconomy. is not a party to the convention, but that matters little in these days of the globaleconomy and the multinational companies many of you work for or the international supplychains you are all part of. I have to clarify that the U.S.
The frequency of catastrophic heatwaves, flooding and droughts continues to have an increasingly deadly and devastating impact on all parts of society—including the globaleconomy. These disasters impact supplychains, products, and the services on which consumers rely, and the impacts will only increase without dramatic action.
Attending some non-work holiday parties this year, I had several great conversations about sustainableinvesting. Sustainableinvesting resonated with all four. These are the types of companies more likely to survive and prosper over the long run, so they’re good investments. None of them were with Millennials.
This week, EU and US policymakers prepared for big shifts impacting sustainableinvestment, amid further evidence that climate risk is financial risk. Lobbyists and policymakers are gearing up to put flesh on the bones of the European Commissions plans to streamline the requirements of key sustainable finance policies.
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