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
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
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.
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
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
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
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,
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