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
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
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
What is ESG and why is it important to report on it?
With the overwhelming number of acronyms and jargon in the world of ESG, it’s hard to navigate your way through. ESG Bay can be your safe space to learn about it in a simple and easy way. Firstly, ESG stands for Environmental, Social and Governance. Environmental reporting can consist of