By 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
By 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
Web Summit 2022: tech entrepreneurs driven by sustainability
From November 1 to 4, the Web Summit 2022 will bring together 70,000+ people and the movers and shakers of the global tech industry. What Forbes describes as “the best technology conference on the planet” will open the floor to leading tech entrepreneurs, CEOs, startups, policymakers, and heads of state
What are Scope 1, 2 & 3 emissions?
Sometimes it can be confusing trying to work out your carbon footprint, especially when there are scope 1, 2 & 3 emissions to consider. But as complicated as it sounds, it is very easy to learn. Scope 1 Scope 1 emissions include all Greenhouse Gas emissions that your company makes
Things you can do around the office to lower your Carbon Footprint
In order to achieve a good ESG score, it is important to lower your carbon footprint from the year before. Here are some ideas you can implement to lower your score and move towards positive change. 1 – Cycle to work scheme By encouraging your employees to cycle to work,
Crypto world takes first steps in sustainability
The Ethereum blockchain, the world’s second largest cryptocurrency, has successfully transitioned to proof-of-stake. Thanks to this transition called “The Merge”, the currency will consume significantly less energy. Less mining, more proving What the transition will entail is the laying off of extractors (‘miners’). Ethereum is in effect moving away from
