
Climate Change Adaptation strategy: a challenge for business and for ESG
Nowadays, companies are compelled to integrate climate change adaptation within their strategies and operations. Find out how to do so.
Corporate sustainability refers to a management model that differs from the "traditional" as it is driven not only from the economic dimension but puts sustainability at the forefront. Corporate sustainability seeks to produce long-term stakeholder value by implementing a company plan that emphasizes the ethical, social, environmental, cultural, and economic aspects of conducting business.
Nowadays, companies are compelled to integrate climate change adaptation within their strategies and operations. Find out how to do so.
Integrating ESG considerations into supply chain management is not just a moral imperative but a strategic necessity. Let’s delve into the importance of this assessment.
Sustainability has become an essential aspect of modern businesses. As companies aim to reduce their carbon footprint and promote social responsibility, they must take a holistic approach to their operations. In this context, supply chain sustainability of businesses plays a major role in generating positive effects worldwide. While the traditional perspective on international trade suggests that countries simply export finished goods and services to foreign consumers, this only accounts for approximately 30% of global trade today.
In today's rapidly evolving business landscape, environmental, social, and governance (ESG) factors have become increasingly more important for companies to consider. Beyond their ethical and moral implications, ESG risks can also have a significant impact on a company's financial performance and reputation. As such, it is critical for businesses to build effective risk management frameworks that address these factors.
As investors, customers, and regulators increasingly prioritize sustainability, companies worldwide are adopting ESG criteria to improve their performance, manage risks, and enhance their reputations. However, implementing a one-size-fits-all approach may not be effective for every organization.
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.
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.
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.