As we have reported, in January 2024 (roughly 4 months from now), the EU will start requiring enhanced climate disclosures. As we have also reported, other countries either have, or are finalizing, their own sustainability disclosure rules. Per this article, 60% of UK companies will not be ready by the January start date. Why does [...]
As we have reported, the EU is pushing forward with its net zero emissions by 2050 goal; and will introduce its Carbon Border Adjustment Mechanism (CBAM) a few weeks from now, on 1 October 2023. In effect, the CBAM will put a carbon tariff on products sold into the EU. The UK, US, Japan and [...]
As we have repeatedly reported, the world’s governments are moving swiftly towards compliance programs for sustainability/climate. The EU already has a program in place, as do some other governments. In the United States, the SEC is expected to finalize its climate disclosure rules as early as October. However, many US corporations are trying to get [...]
This article is reporting the same accelerated demand from consumers for legitimate corporate sustainability action as we are seeing: Consumer demand for corporations to be legitimately (ie, certified) sustainable has accelerated dramatically since the pandemic; Shoppers are using sustainability as THE gating item for their purchase decisions; Just talking about being sustainable, or saying your [...]
Has sustainability certification become table stakes for your business? If you are selling to larger companies, the answer is - probably so. This GreenBiz article, titled "Carrot, stick, or scissors: Is it time to leave suppliers behind?" makes these points: "Pressure is increasing for (large) companies to start to seriously act on reducing carbon emissions [...]
Per this article, the sustainability rules in the CSRD, that we have been talking about for some time in our posts, are expected to impact small companies along with large companies. As the article states, at Cannes LIONS this year, there was a ‘responsibility hall’ that included sustainability initiatives, and each award asked for information [...]
Recently, our CEO was shown the website of a lighting contractor that had purchased one of those vanity awards (where you pay money and they give you a fictitious title). In this case, the company had purchased a sustainability award and was proudly displaying it on their website. It is only a matter of time [...]
Most of us are beginning 2024 budget season....and will be trying to find a way to achieve next year’s growth goals. Per an 8 country (US, Germany, Italy, France, Japan, China, India and Brazil) study by Boston Consulting Group, discussed in this article…. 80% of participants reported considering sustainability when making a purchase 70% are [...]
Article by Check Odulio, contributing writer Greenwashing is on the rise, and it poses a direct threat to your business. This deceptive practice involves making exaggerated, unsupported, or false claims about a company's environmental initiatives, leading consumers to believe that the company is more environmentally responsible than it actually is. As businesses strive to [...]
Per this McKinsey study, companies that have a Triple Play (Growth + Profit + Sustainability) dramatically outperform their peers on Total Shareholder Return (TSR). 36% of companies that lagged on sustainability/ESG showed negative growth; while 0% of the Triple Play companies showed negative growth 19% of the companies that lagged on sustainability/ESG grew [...]
