ESG, which stands for Environmental, Social, and Governance, focuses on investing in companies that meet certain ethical and sustainable criteria. However, navigating the world of ESG investing in a regulated financial landscape can be a daunting task. With so many regulations to consider, it can be difficult to know where to begin.
Green Procurement is defined as the integration of environmental considerations into purchasing policies, programs and actions. Green procurement, or green purchasing, is the involvement of the purchasing function in supply chain management activities, such as life cycle analysis (LCA) and environmental design that facilitates recycling, reuse and resource reduction.
ESG ratings are becoming an increasingly important indicator for companies of all sizes as they certify the stability of the company from the perspective of environmental, social and governance aspects.
We are glad to announce that the European Commission has officially adopted the European Sustainability Reporting Standards (ESRS) as of July 31st, 2023.
ESG reporting is becoming increasingly important for companies considering the growing focus on sustainability involving all stakeholders, from regulators, to businesses, to financial institutions and consumers.
Sustainable procurement entails a systematic approach to purchasing, wherein an organization's acquisition of goods and services is undertaken in a manner that generates positive outcomes for both the organization and society at large, while simultaneously minimizing environmental impacts. This is achieved by ensuring that suppliers' employees are provided with decent working conditions, products and services acquired are sustainable, and socio-economic concerns, such as inequality and poverty, are effectively addressed. In this article, we will explore the environmental and economic aspects of sustainable procurement.
ESG factors have become crucial in attracting investors, retaining customers and maintaining a positive reputation. In this article, we will explore the importance of ESG performance and discuss why it's essential for your business to prioritize it.
Sustainability has become a key topic even for financial institutions, such as banks and insurance companies. Sustainability regulations, in fact, also require these entities to estimate and report risks related to ESG (Environmental, Social, and Governance) issues.
ESG (Environmental, Social, and Governance) ratings have become a critical measure of a company's sustainability and ethical practices. An ESG rating measures a company’s exposure to long-term ESG risks, providing investors, stakeholders, and consumers with a way to evaluate a company's performance based on ESG criteria. With the thriving of ESG ratings such as Bloomberg, it has become imperative for companies to measure their impacts and ESG performances through the most effective KPIs choices.
Companies are increasingly expected to demonstrate responsible environmental practices and transparency in their operations to comply with regulations and stakeholders’ increasing requests. Environmental Regulations and Standards encompass a wide range of areas, including emissions control, waste management, resource conservation, and pollution prevention.