By 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:
Global power series: China unveils new ESG reporting program
In June this year the China Securities Regulatory Commission (CSRC) brought into effect a new voluntary ESG reporting program. The latter, developed by several think tanks and the largest companies in the country, gathers more than 100 standards aligned with those of the International Sustainability Standards Board (ISSB), an international
By How to do an LCA?
To carry out a LCA, you have to ask yourself the right questions (who will lead the project? what data is useful? how to communicate? etc.) What are the stages of a LCA? 1. Definition of the objectives and scope of the study 2. Life Cycle Inventory (LCI) 3. Assessment
Renewed vows, a mega fund and some red lines: what you should take away from COP27
This Sunday, after long and difficult negotiations which far exceeded the scheduled timetable, COP27 ended at dawn on Sunday after adopting a highly disputed text on aid to poor countries affected by climate change but without new ambitions for the reduction in greenhouse gases. After more than two weeks, the
Why businesses must become sustainable
There is currently no “official” definition of what a sustainable business is, but it is now common knowledge that a sustainable company is a company that bases its values on the intersection between employee well-being, respect for the environment and profitability. It is the trifecta that creates the foundations of
