By ESG stands for Environmental, Social, and Corporate Governance and refers to the three main components measuring a modern business’s sustainability and societal impact. Whistleblowing, corporate leaks, and defamation have created the need for more transparency and a higher degree of moral and ethical leadership. These factors have essentially forced companies
By Brands and Sustainable Product Lines That Set the Trend
Last week, athletic apparel company Lululemon announced the launch of two new high-performance shirts, its first-ever products to be made using renewably sourced, plant-based nylon, in the place of nylon made from fossil fuels. The launch follows nearly two years of collaboration with sustainable materials-focused biotechnology company Genomatica (Geno), announced
Economist Impact Sustainability Week Overview: The Time to Act is NOW
This year’s Economist Impact 8th Sustainability week was held March 29-31 in London, with the goal to empower businesses to accelerate their action on sustainability. As Agnieszka Pietrzak, ESG Bay’s CEO, says: “If I were to boil down the substance of the 8th Sustainability Week in one sentence, that would
The Future is Solar Powered: 70% of MPs Support Mandatory Solar Panels for New Homes
A survey of MPs has found that almost seven in ten would support a mandate for new-build homes in the UK to be fitted with solar panels and electric vehicle charging points from 2025 – edie.net reports. The survey was undertaken ahead of debates regarding the Future Homes Standard. The
ESG and CSR: What’s the Correlation, Really?
As businesses and organisations have become more conscious of their impact on society and the environment, two key concepts have emerged: ESG and CSR. ESG stands for Environmental, Social, and Governance, while CSR stands for Corporate Social Responsibility. In this article, we will define each concept, discuss their differences and
Notes From edie 23 – On ESG Leadership Through Crisis
The edie 23 conference (previously known as the Sustainability Leaders Forum), was held on 1-2 March in London. bringing together industry leaders, policymakers, and experts to discuss the latest trends, challenges, and solutions in sustainability, climate change, and corporate social responsibility with a strict focus being put onto sustainability leadership.
Greenhushing: What It Is, and Why It’s Not the Answer
There is no doubt that ESG has become a major topic of concern for both businesses and consumers. With increased awareness of the negative impact of human activities on the environment, there has been a push towards sustainable practices and products. However, not all companies are making genuine efforts to
By Climate law and policy in the UK: the state of play
Amidst the COP26 in Glasgow last year, former British PM “Bojo” claimed to want to make the United Kingdom “the Saudi Arabia of wind energy”. The analogy is strong, the Middle Eastern state being the world’s second largest producer of crude oil. The goal was deemed mathematically unattainable, since Saudi
3 Weeks into 2023, Sustainability Matters Are on A Roll
2023 is promising to be a turbulent year in a number of aspects, from economy to the world peace, climate change and political tensions in countries around the world. Yet, we are seeing promising trends, showing that sustainability will still be taking front and centre this year. From regulations to
All you need to know about the Corporate Sustainability Reporting Directive (CSRD), why SMEs should gear up and how ESG Bay can help
The CSRD directive, or Corporate Sustainability Reporting Directive, is a new rule adopted by the European Union this summer which brings together a set of ambitious and comprehensive measures aimed at improving financial flows in favor of sustainable activities in the European Union. What is it? A bit of context:
