This article focuses on Canada, but explains that environmental class actions are on the rise everywhere. If you are talking about your environmental actions, or if your business is negatively impacting the environment materially, you are at risk. We recommend all company leaders review this post, watch this podcast on greenwashing, read this on [...]
Per this article, many legal developments are in play around the world. Greenwashing in Canada – Canada’s parliament has passed legislation (Bill C-59) that will require companies to prove the credibility of any environmental claims they make. It will require the company to provide “adequate and proper substantiation in accordance with an internationally recognized [...]
Global average temperatures reached record highs for the past 12 consecutive months. Brace yourself, as she’s just warming up….
Due to studies, the #1 issue on the minds of people around the world is the environment (ie, we are using our resources faster than Mother Earth can replenish and we are accelerating our carbon-emissions-driven global warming). The world we are passing to our children will be far hotter and angrier than the world we [...]
Per this master class, there are 8 components of a sustainability program that will be successful and make you happy: It MUST include Employee Performance / Health Sustainability is not just about energy savings or ‘Greening Up’, it is about people For most businesses, the employees are one of the biggest costs, one of [...]
As this article explains, while the Corporate Sustainability Due Diligence Directive (Directive) mainly targets in-scope companies, it also offers significant opportunities for SME supply chain business partners of the in-scope companies. Non-compliance with the Directive can result in competitive disadvantages for business partners, penalties for in-scope companies (which, depending on the contract and circumstances, could [...]
Yesterday, we reported on the CSRDDD (Directive) becoming law and how it will influence larger companies to seek SMEs that can help the larger company address its requirements under the Directive. Per this, the EU markets regulator, the European Securities and Markets Authority (ESMA), advised by the European Financial Reporting Advisory Group (EFRAG), has now [...]
On 24 May, 2024, the EU finalized its adoption of the Corporate Sustainability Due Diligence Directive (‘Directive’). In effect, starting with larger companies, then expanding to smaller companies, the Directive requires companies do a number of things, beginning with the duty to: Identify, prevent, and mitigate actual and potential adverse impacts on people and the [...]
Climate change lawsuits continue to be on the rise. As this article explains, some states are now soliciting parties to file suit against entities like fossil fuel companies. Is your company exposed? Are you making environmental claims or do you have an environmental mark in your logo or advertising….without being certified sustainable under a [...]
We like this list from the Forbes Business Council of 18 reasons why sustainability can be a strategic advantage for your business: It can set your business apart It indicates long-term viability It enables proactive responses to industry changes It provides a competitive edge It expands your target audience It can narrow the divide between [...]
