KPMG firms are collaborating with Microsoft to launch a range of innovative new solutions to support businesses on their environmental, social and governance (ESG) journey. Building on KPMG’s US$5 billion investment in technology, people and innovation, as well as an investment to accelerate global digital solutions for ESG issues, these initiatives expand on the longstanding […]
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dsm-firmenich announces the appointment of Katharina Stenholm as Chief Sustainability Officer starting July 1, 2023. In this role, she will shape a new, consolidated Environmental, Social, and Governance (ESG) strategy for the company that builds on the strengths of both DSM and Firmenich’s previous plans and actions. Geraldine Matchett and Dimitri de Vreeze, Co-CEOs of […]
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Dutch based Smart Freight Centre (SFC) and the Science Based Targets initiative (SBTi) have formed a technical collaboration to further build on the platform they have developed to accelerate the decarbonization of the transport sector. The entities will collaborate to standardize greenhouse gas accounting, conventions and high-level principles to set global 1.5°C-aligned pathways for the […]
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The number of global public companies making climate commitments has steadily grown this year, but these targets vary significantly in their comprehensiveness and ambition, according to the latest MSCI Net-Zero Tracker, a gauge of climate change progress of the public companies within the MSCI All Country World Investable Market Index (ACWI IMI). The Net-Zero Tracker […]
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Marketing is not changing fast enough according to new research from the World Federation of Advertisers (WFA) in partnership with Kantar’s Sustainable Transformation Practice. The function needs to catch up with other business areas, with the largest share (39%) still only taking the first steps on their sustainability journeys. Some challenges appear to have become more […]
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The World Business Council for Sustainable Development (WBCSD) has announced the five exceptional women who have received the prestigious Leading Women Awards (LWA) for 2022. The awards ceremony took place during the annual Liaison Delegate Meeting of WBCSD, held in Montreux, Switzerland. The Awards are designed to recognize female leaders who have made remarkable contributions […]
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The Legal Affairs Committee of the European Parlement agreed on Tuesday 25 april on new rules to integrate human rights and environmental impact into companies’ governance. With 19 votes against 3 and 3 abstentions, MEPs on the Legal Affairs Committee adopted their position on so-called corporate sustainability due diligence. Firms would be obliged to identify, and where […]
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Nouryon, a global specialty chemicals leader, today announced that it has joined Together for Sustainability (TfS), a global initiative of 47 chemical companies committed to raising sustainability standards throughout the chemical industry. As part of the initiative, members commit to making sustainability improvements within their own – and their suppliers’ – operations. “Nouryon’s membership with TfS […]
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Nearly 1.400 companies in Europe can, from today, disclose their plastic-related impacts for the first time as CDP’s global environmental disclosure platform opens for 2023 reporting. Companies will disclose information on the production and use of the most problematic plastics, i.e., plastic polymers, durable plastics, and plastic packaging. This data – where publicly disclosed – will […]
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A pilot multi-tool study revealed that a list of top 250 high-impact companies based on the MSCI World Index is potentially responsible for 73% of the biodiversity impact of the entire index. This pilot study was done with four different biodiversity footprinting providers and coordinated and launched by the Finance for Biodiversity (FfB) Foundation, a […]
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On 11 April, more than 20 leading businesses and networks released a joint statement calling for alignment of the EU’s Corporate Sustainability Due Diligence Directive (CSDDD) with the international standards of the UN Guiding Principles and the OECD Guidelines for Multinational Enterprises. The group comes from a range of countries and sectors and includes Unilever, Mars, […]
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In line with its focus on sustainability, Nordic Capital has partnered with EcoVadis, a trusted provider of business sustainability ratings, intelligence and collaborative performance improvement tools for global supply chains. Offering support at every stage of the procurement process, this innovative partnership will enable Nordic Capital’s portfolio companies to increase resilience and transparency, while also […]
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