As the UK heads towards a General Election, climate change has become a prominent issue. Voters now face stark choices regarding climate action, with party manifestos clearly delineating their positions. Parties on the left and center have prioritized addressing the climate crisis, integrating the net-zero transition into their economic strategies,

The IFRS Foundation and the Global Reporting Initiative (GRI) announced that they are broadening their collaboration to optimize the integration of their sustainability reporting standards. This announcement builds on a 2022 agreement aimed at ensuring the compatibility and connectivity of sustainability-related disclosures, reducing the reporting burden on companies adhering to

The European Council has given the green light to a new “Ecodesign” framework, establishing sustainability requirements for nearly all products across the European Union. Additionally, the Council has approved a ban on the destruction of unsold textiles and footwear. This approval by the EU Council is a significant milestone towards

What is an ethical supply chain? An ethical supply chain is a supply chain designed with ethical considerations in mind, based on environmental, social, and governance criteria, catering to a wider group of stakeholders.   In an ethical supply chain the flow of goods and services is meant to impact positively people

The 9th annual Sustainability Summit by Economist Impact took place earlier this week. The 3-day event moderated by Vijay Vaitheeswaran, the Economist’s global energy and climate innovation editor, incorporated for the first time the Energy Transmission Summit and gathered professionals across many industries to network and to discuss topic such

We at ESG Bay had a pleasure to take part in the inaugural event of Web Summit Qatar in Doha, which marked a historic milestone with thousands in attendance, setting the stage for an exciting annual tradition. Recognised as the largest gathering of international start-ups in the Middle East, the

Later this February 2024, for the first time, thousands of international entrepreneurs, investors and leaders will gather at the Doha Exhibition and Convention Center (DECC) to connect the tech world at our brand new event: Web Summit Qatar.  Web Summit Qatar joins the roster of international events organised by Web

At the annual meeting of the World Economic Forum in Davos between 15-19 January with 60 heads of states attending UN Secretary-General António Guterres warned that geopolitical divisions threaten the global response to climate change.  With upcoming elections in 2024 adding to tensions, it poses risks to security, economy, and

ESG regulations have recorded a sharp increase over the past decade, and this trend is only expected to continue. Navigating the complex landscape of existing and forthcoming regulations can be daunting, particularly given the array of acronyms such as SFDR, CSRD, NFRD, and others.   Here are some key ESG regulations

Businesses are facing growing demands from investors to disclose information on climate risks, opportunities, workforce planning, and labour practices. Increasing regulations such as UK’s Human Rights and Environment) Bill (UK) or EU’s Corporate Sustainability Due Diligence Directive (CSDDD), required companies to proactively assess actual and potential impacts of their operations on