Every product (P) has an impact on the consumer and society. Yet it appears that what all ESG ratings fail to do is evaluate the impact on the positive and negative externalities of a company’s P. While ESG looks at operational aspects of a business, P is the part that ESG seemingly forgot.
As the digital age ushers in a ‘new generation of inequalities’ around information, technology and education, the private sector must play a pivotal role in connecting people to the resources and networks they need to get by and get ahead in a changing economy.
CEO Larry Fink has called for “a fundamental reshaping of finance” in response to the climate crisis, but BlackRock remains the largest investor in fossil fuels and the companies driving deforestation around the world.
Cross-Posted from Marketing and Comms.
A rise in stakeholder interest, especially investors, in greater alignment between sustainability and financial transparency has spurred companies to more clearly communicate their purpose and how it creates long-term value across all their communication channels.
Cross-Posted from New Metrics.
“Sustainability” is so last year. This week at New Metrics ’19, we explored the growing range of tools and tricks needed to keep up with demand for next-level goals such as plastic-neutrality, 100% circularity and properly quantified social and product impacts.
The timing is right for taking concrete steps to standardize a set of generally accepted triple-bottom-line accounting principles, and for making GRI and other
reporting standards stronger than they’ve ever been before.
Many people and organizations, as well as broad market and social trends, contributed to sustainable seafood’s arrival at this place. Everyone who engaged helped build the network; and because they did, our oceans and plates are going to be healthier.
The Global Innovation Lab for Climate Finance has launched six new financial instruments for climate-related projects in developing countries; while the World Economic Forum has convened public and private partners to launch the Coalition for Climate-Resilient Investment.
Cross-Posted from Supply Chain.
The Other Bar is an experiment in influencing consumer behaviour through quantifiable proof of impact. If it can prove that consumers will buy and be loyal to impactful products, the hope is that bigger brands will want to follow suit, turning their marketing dollars into impact.
Despite some progress since the goals were launched in 2015, advancement over the past four years has been stifled due to socioeconomic, geopolitical and
technological uncertainties, hindering CEOs’ sustainability efforts.
Blockchain’s full potential cannot be forecast with certainty. Yet, in a messy world where various parties struggle to gain enough good faith to work together on solutions, systems that engender trust will lay the foundation for progress.
The world’s largest responsible investor group is campaigning to end the manmade
fires raging through the Amazon, as latest assessment reveals increased
deforestation since the 2014 New York Declaration on Forests.
Cross-Posted from Supply Chain.
If we are to really shift the textile industry from one that is harming workers,
local communities and the environment to one that is circular and sustainable, scalable solutions will be necessary.
Investors with nearly $10 trillion in assets are targeting over 700 companies that are not transparent enough about their environmental impact, and pushing them to disclose this information through CDP. This is the first time that CDP is reporting publicly on its Non-Disclosure Campaign.