What is Sustainable Finance and Accounting? What is Sustainable Finance and Accounting? The idea of a sustainable business is nothing new. In the early 1900s, companies like Procter and Gamble were already touting their commitment to sustainability. At that time, it was largely an environmental issue-a company’s responsibility for how much waste it generated and […]
What is Sustainability Reporting? What is Sustainability Reporting? Sustainability reporting is a way for companies to report on matters relating to environmental, social, and ethical factors in the work they do. For example, a company could have a positive impact in terms of reducing CO2 emissions by introducing solar panels but might be having negative
What is an ESG Audit? What is an ESG Audit? Environmental, social, and governance (ESG) risks are inevitable for every business. But how these issues are collected, managed, and reported is what will make the difference between a company that is prepared or not. Businesses will incur costs in some form or another related to
What is Greenwashing? What is Greenwashing? In the corporate world, greenwashing refers to a company’s efforts to make it seem as if they are more environmentally friendly than they really are. The term is a combination of the words “green” and “whitewashing.” If a company that produces high levels of pollution or uses environmentally unfriendly
What is a Governance Structure? What is a Governance Structure? As businesses increase in size and scope, it becomes increasingly important for them to develop an organizational structure capable of managing its complexity. A governance structure helps ensure that decision-making processes remain structured, transparent, and focused on the overall objectives of the business. By establishing
What are Governance Issues? What are Governance Issues? Effective management is vital for corporate sustainability and good governance ensures that leadership can maximize long-term success. This includes establishing rules around monetary use, conflicts of interest resolution, profit distribution, and the recruitment of family members – all with a view to mitigating legal risks whilst boosting
An In-Depth Look at What Are the Three Pillars of Sustainability? An In-Depth Look at What Are the Three Pillars of Sustainability? In an era marked by environmental, social, and economic challenges, the concept of sustainability has emerged as a critical rallying cry. But what does it truly mean to be sustainable? At its core,
What is Clean Technology? What is Clean Technology? As we all know, clean technology is an area of technological development that has been growing rapidly in recent years. It essentially refers to any technology or practices that significantly reduce negative environmental impacts such as emissions, pollutants, and waste. This encompasses several different areas such as
CDP: The Carbon Disclosure Project CDP: The Carbon Disclosure Project The Carbon Disclosure Project is an international non-profit organization based in the United States, Japan, China, Britain, and India. Founded in 2000 by Mary Robinson, it aims to improve corporate management of greenhouse gas emissions. It is most famous for its “Global 500” list produced
What is ESG and How Does it Affect Climate Change? What is ESG and How Does it Affect Climate Change? You have likely heard it many times by now, but just to be clear – ESG (Environmental, Social, and Governance) is the term used to describe the various non-financial factors that may impact an organization’s