Introduction In the ever-evolving landscape of corporate responsibility, the emphasis on ESG trends has never been more pronounced. This article delves into key ESG trends that are shaping the corporate world in 2024, starting with a deep dive into Scope 3 emissions and supply chain transparency. This aspect marks a pivotal shift towards acknowledging and…
History Overview Early Developments 2004: The term “ESG” gained popularity with the “Who Cares Wins” report, published at the invitation of the United Nations (U.N.), involving a group of banks and investment firms. This report emphasized the integration of ESG issues in investment analysis and decision-making. 2005: The Freshfields report, backed by the U.N., suggested…
ESG Practice In the evolving landscape of global business, the concept of Environmental, Social, and Governance (ESG) has emerged as a transformative force, guiding companies towards sustainable and ethical practices. ESG criteria serve as a guide for investors, stakeholders, and consumers seeking to align their values with their financial decisions, investments, and purchases. This framework…
Introduction to climate change technologies The urgency to address climate change has never been more pronounced. As we face rising global temperatures, unpredictable weather patterns, and escalating environmental crises, the call to action is clear. A key player in this monumental effort is technology. Innovative solutions are being deployed worldwide to reduce our carbon footprint…
Net Zero History Overview The history of the concept of net zero emissions is intertwined with the evolving understanding of climate change and the global response to it. The term “net zero” refers to balancing the amount of greenhouse gases emitted with the amount removed from the atmosphere, aiming to achieve a neutral impact on…
Introduction to G Factor in ESG In the realm of ESG, “G” stands for governance. It encompasses a company’s leadership, CEO compensation, auditing practices, and shareholder rights. Governance in ESG is about how a company is managed, its policies and procedures, and how it interacts with various stakeholders, including shareholders, employees, and the community. It’s…
Introduction Social Factor in ESG The “S” factor in ESG has gained significant attention, particularly in the context of recent global events such as the COVID-19 pandemic and social movements. This factor encompasses how a company interacts with its employees, suppliers, customers, and the communities where it operates. Key aspects include health and safety, human…
Introduction to E Factor in ESG The “E” in ESG stands for Environmental, and it plays a crucial role in shaping the sustainable practices of businesses. This involves incorporating environmental considerations into a company’s policies and practices, which can lead to economic benefits and risk mitigation. Businesses that prioritize environmental stewardship not only enhance their…
International Greenhouse Gas Inventories The Paris Agreement and the United Nations Framework Convention on Climate Change (UNFCCC) play important roles in guiding national inventory submissions and global climate action. The Paris Agreement, a landmark international treaty adopted by 196 countries at the UN Climate Change Conference in Paris in 2015, sets ambitious goals to combat…
Introduction to Greenhouse Gas First off, let’s break down what we mean by GHG emissions. Think of these as the not-so-friendly gases that trap heat in our atmosphere, leading to global warming. The usual suspects include carbon dioxide (CO2), methane (CH4), and nitrous oxide (N2O), among others. These gases come from all sorts of activities,…
