By Today businesses face pressure from increasing number of regulatory requirements asking for ESG related disclosures. Under such pressure and with limited resources it is important for the companies to focus on most impactful metrics and factors. Materiality in ESG enables companies to establish which issues are the most relevant (material)
Supply chain risk assessment
Why is supply chain risk important? Supply chain risk is significant to many businesses and if left unaddressed could end up costing organisations financial and reputational damage. As globalisation processes intensify cross-border supply chains are becoming more common and their efficient management calls for reliable tools. How can supply chain
By 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
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
What is ESG Compliance & Why Should Your Company Care?
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
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
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.
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
