Reporting
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Bloomberg tool to map data based on UN Sustainable Development Goals
The company said the enterprise tool is the first to allow investors to assess how corporations are impacting the UN’s 2030 agenda.
By Lamar Johnson • Nov. 28, 2023 -
NYU’s Stern calls for system overhaul in ESG ratings
Environmental, social and governance investing should center on companies’ impacts on the environment and society rather than shareholder profit, the report argues.
By Lamar Johnson • Nov. 27, 2023 -
Global Reporting Initiative proposes climate change, energy standards
The key focus of the two proposals is on how organizations can cut their greenhouse gas emissions and reduce energy consumption.
By Lamar Johnson • Nov. 22, 2023 -
Verizon launches annual industry wide climate risk survey
The telecommunications provider’s move to expand its risk analysis comes in the wake of an environmental and health scandal earlier this year.
By Lamar Johnson • Nov. 17, 2023 -
ESG conferences to plan for in 2024
Upcoming events will cover sustainable finance, corporate strategy and governance, climate change, supply chain, social impact and more.
By Zoya Mirza , Lamar Johnson • Nov. 13, 2023 -
Environmental disclosure platform CDP to align with Europe’s sustainability standards
The move will help U.S. companies prepare to comply with the EU’s Corporate Sustainability Reporting Directive.
By Lamar Johnson • Nov. 10, 2023 -
SEC commissioner suggests ‘re-proposing’ climate risk disclosure rule
Some investors seek broader company disclosures with the aim of promoting social change rather than clarifying stock valuations, SEC Commissioner Mark Uyeda said.
By Jim Tyson • Nov. 9, 2023 -
Most organizations lack a fully established ESG reporting framework: report
Heightened scrutiny around environmental, social and governance issues is impacting a company’s operations on every front, including its lease management, according to a study from Visual Lease.
By Zoya Mirza • Nov. 2, 2023 -
Bain-backed data infrastructure tool ESG Flo bags $5.25M
The AI-powered platform maker, the first venture from Bain’s Founder’s Studio, said it will use the funding to provide solutions for Europe’s sustainability reporting law and an upcoming SEC climate disclosure rule.
By Lamar Johnson • Nov. 2, 2023 -
Deep Dive
The ‘less tangible’ social data in ESG creates reporting hurdles
Social issues have historically fallen behind environmental and governance factors, a setback experts attribute to the ambiguity of what the “S” really encompasses.
By Zoya Mirza • Nov. 1, 2023 -
Bloomberg launches AI tool to help businesses navigate climate risks
The tool, launched in partnership with Riskthinking.AI, will give businesses predictive exposure data under all of the IPCC’s climate scenarios.
By Lamar Johnson • Oct. 31, 2023 -
Final TCFD report notes growth in climate disclosures as task force disbands
There has been “steady momentum” in the number of companies disclosing information aligned with the group’s recommendations, but the report said more progress is needed to mitigate climate risks.
By Lamar Johnson • Oct. 27, 2023 -
Deep Dive
After years of confusion, global ESG reporting frameworks are coalescing
While the global reporting community has yet to fully adopt the International Sustainability Standards Board’s standards, they are building momentum as a reporting baseline.
By Lamar Johnson • Oct. 26, 2023 -
Apparel firms rank in top 100 public companies on ESG disclosures
The 100 Best Corporate Citizens report found that Nike, VF Corp. and Ralph Lauren got top marks in environmental and social practices.
By Laurel Deppen • Oct. 25, 2023 -
Deep Dive
7 ESG trends influencing corporate strategy
Developments in the ESG landscape directing investor decisions include the consolidation of reporting frameworks, the rise of AI and data metrics, social responsibility and impending regulation from the SEC.
By Lamar Johnson , Zoya Mirza • Oct. 23, 2023 -
Microsoft leans on PPAs, energy efficiency, water recycling in environmental efforts
“Ensuring our buildings are energy efficient is a key first step in reducing emissions,” the tech giant said in its 2022 Environmental Report.
By Joe Burns • Oct. 23, 2023 -
European Commission delays sustainability reporting requirements by 2 years for non-EU countries
U.S. companies that have subsidiaries or generate a certain amount of revenue in the EU will also need to comply with the rule once implemented.
By Zoya Mirza • Oct. 20, 2023 -
How Google is decarbonizing its facilities
Smart temperature and lighting controls, purchase power agreements and building electrification are all being used by the tech giant to reduce scope 2 emissions.
By Joe Burns • Oct. 16, 2023 -
SEC investor panel pushes for increased workforce disclosures
The Investor Advisory Committee proposed a new rule to the agency that would require companies to disclose comprehensive labor data like compensation ranges and employment status.
By Zoya Mirza • Oct. 13, 2023 -
California bill requires VC firms to disclose investments’ diversity data
The new legislation mandates venture capital firms operating in California to release annual reports regarding the diversity of the founders they back.
By Zoya Mirza • Oct. 12, 2023 -
FASB tightens draft environmental credit rule’s scope
The U.S. standard setter is developing the first accounting guidance to directly apply to certain environmental credits.
By Maura Webber Sadovi • Oct. 11, 2023 -
California Gov. Newsom signs 2 major climate disclosure bills but worries about ‘overall financial impact’
The two bills would require large companies to disclose their supply chain emissions and report on climate-related financial risks, but the governor raised concerns about the deadlines and the cost to businesses.
By Zoya Mirza • Oct. 10, 2023 -
Target increases PCR in packaging, slides on virgin plastic reduction
The retailer said it is “applying lessons learned” to turn around the virgin plastic number.
By Katie Pyzyk • Oct. 6, 2023 -
Suppliers say automakers must balance sustainability with safety, costs
Greater standardization of targets and measures would help the automotive industry reach net-zero emissions globally by 2050, a Center for Automotive Research report says.
By Michael Brady • Oct. 2, 2023 -
Apple backs California climate bill requiring large companies to disclose carbon footprint
Senate Bill 253 would require businesses operating in the Golden State that make over $1 billion to report their greenhouse gas emissions annually.
By Zoya Mirza • Sept. 14, 2023