In this article, titled “Let’s be clear: ESG is not ‘woke’ and it’s different than sustainability, Julia Binder, PhD, Director of IMD’s Center for Sustainable and Inclusive Business, gives a beautiful definitional difference between sustainability and ESG, and why this matters for business. Per Dr. Binder ESG is primarily a risk management and investment [...]
Per this article by Barclays Bank, within the past 12 months, 21% of corporations surveyed cancelled contracts with their suppliers due to the supplier not meeting sustainability criteria. The movement away from non-sustainable, to sustainable, vendors will accelerate as organizations become more demanding of their vendors in order to satisfy their own sustainability mandates. A [...]
We appreciate Construction Executive Magazine publishing the below article on how SMEs can use sustainability certification to differentiate, recover, and grow faster than their competitors. Survival and success in the post Covid-19 ramp up will depend on an organization's ability to cost-effectively differentiate from it's competitors. Sustainability certification is currently the best tool on the [...]
TruPayroll (https://www.trupayroll.com/ ), a relationship-driven, full service, payroll provider, located in Marco Island, Florida has continued its environmental sustainability commitment by renewing and extending its Edenark Group ISO 14001 sustainability certification through 2023. The Edenark Group ISO 14001 is the world’s premier environmental sustainability certification program and allows SMEs (small to mid-sized enterprises) the ability [...]
5AM Global, LLC, d/b/a BREATHE!™ ( https://www.5AMGlobal.com/ ), a Nevada-based, strategic marketing and business management firm, which is producing the May 3-5, 2023 BREATHE!™ Convention, a WBCDMN (Web3, Blockchain, Crypto, Defi, Metaverse and NFT) convention that is committed to connecting the Web3 Universe, has decided to pursue the Edenark Group ISO 14001 environmental sustainability certification [...]
Per this article in Forbes, although it is expected that at least ten companies will incur at least $5 million in greenwashing fines, there appears to be movement towards positive environmental impact. A few key points: Better ESG data programs will be created and used 80% of large companies will start capturing and reporting their [...]
This week, we covered a lot of ground - First, we looked at consumer preferences - Consumers are abandoning non-sustainable companies. The cost of becoming environmentally certified sustainable is less than the cost of losing clients. Second, we looked at how your advertising is working, or not working – Consumers don’t want to hear [...]
This article talks about 10 trends to watch on the Environmental side of ESG. For SMEs (small to mid-sized enterprises), these are the five of greatest importance: Increased supply chain efforts – There will be more downward pressure from your large clients, demanding you become sustainable in order for them to meet their [...]
Per this article, an Oracle study produced the following, which is consistent with other studies we have seen: 70% of consumers will abandon brands that do not take sustainability seriously 87% of consumes will pay a premium for products from companies that demonstrate environmental and social progress 78% are frustrated with the progress businesses are [...]
Per this article in Bloomberg Tax, the EU actions, such as the Corporate Sustainability Reporting Directive (CSRD), may soon expose US and other non-EU multinational corporations to a novel type of tax reporting. In short, since the 28 November 2022 CSRD, many believe reporting will start with the 2024 fiscal tax year. Here is the [...]
