Sustainability and ESG News

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Deloitte Insights: A Path to Global Nourishment

Transitioning to sustainable food systems could lift 300 million people out of undernourishment and meet the nutritional needs of 1.6 billion more by 2070. Deloitte's report, Turning Point: Feeding the World Sustainably, highlights the economic and social benefits of transforming global food production to address climate change and food security.

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Ava Morisi Ava Morisi

EY Release 2024 Global Climate Action Barometer

Despite increasing awareness of climate risks, only 41% of global companies have published a climate transition plan, according to the 2024 EY Global Climate Action Barometer. This highlights a significant gap in corporate climate action, posing a threat to achieving global environmental goals.

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China’s Landmark Energy Law: A Step Towards Carbon Neutrality

China has passed its first-ever energy law, set to take effect on January 1, 2025, marking a significant step towards carbon neutrality by 2060. This comprehensive legislation addresses various aspects of energy management, aiming to ensure sustainable and secure energy growth.

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EU Emissions Drop by 8% in 2023

The European Union achieved an impressive 8% reduction in greenhouse gas emissions in 2023, marking the largest annual drop in decades, second only to the COVID-19 pandemic year of 2020.

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Ava Morisi Ava Morisi

Bloomberg Insights: Advancing the ESG Data Ecosystem

A recent Bloomberg report discusses the critical need for decision-useful ESG data and the emerging standards designed to address data quality and coverage issues. This advancement is crucial for investors navigating the evolving landscape of sustainable finance.

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BSR Report: C-Suite Collaboration Key to Ambitious Sustainability Goals

BSR’s recent report “The CSO at a Crossroads” highlights that 83% of Chief Sustainability Officers (CSOs) believe collaboration with other C-Suite leaders is crucial for driving ambitious sustainability goals. This teamwork is essential for aligning sustainability with core business functions.

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Ava Morisi Ava Morisi

KPMG Releases 2024 ESG Due Diligence Study

A recent KPMG study reveals that 61% of investors in the European Market for Alternative Investment Funds (EMA) prioritize ESG due diligence, driven by the potential for monetary gains.

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California Passes New Climate Disclosure Law

California Governor Gavin Newsom has signed a landmark climate disclosure bill into law, requiring large companies to report their greenhouse gas emissions and climate-related financial risks starting in 2026. This legislation aims to enhance transparency and accountability in corporate environmental practices.

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