The Technical Expert Group on Sustainable Finance set up by the European Commission in July 2018 has published its first report on companies' disclosure of climate-related information in January 2019.
For the fourth year, Schneider Electric, the leader in digital transformation of energy management and automation, announces its financial and non-financial results together for the fourth quarter of 2018. Each quarter, Schneider Electric publishes 21 indicators from the Schneider Sustainability Impact, measuring progress towards its ambitious sustainability commitments for 2018 to 2020, in line with the COP 21 and United Nations objectives. With a total score of 6.10 out of 10 at end-December 2018, the Group has exceeded its Schneider Sustainability Impact target of 5 out of 10 for the end of 2018.
As the field of pro bono service continues to grow, companies increasingly identify pro bono programming as a critical element of their overall social impact objectives. Taproot Foundation conducted an inaugural survey of companies doing pro bono to collect data on their programs, identify trends, and share key observations for advancing the field. This resource provides information to help practitioners compare their program design and outcomes to peers in the field, and to support them as they achieve greater impact through pro bono service.
The Smithfield Foundation, the philanthropic arm of Smithfield Foods, Inc., is pleased to announce a donation of $25,000 to continue its partnership with the University of Minnesota’s NorthStar Initiative for Sustainable Enterprise (NorthStar), a nonprofit research entity that aims to improve the understanding of sustainability within global production and consumption systems, and to develop research and tools to improve the sustainability of these systems.
As CECP marks its 20th anniversary, corporate social investment is more important than ever. Looking back at the last two decades, measuring and benchmarking social investment overall has become more integrated in corporate strategies and has employed more sophisticated tools and models to evaluate progress. Since its founding, CECP has been steadfast and unparalleled in helping companies transform their social strategy and gain serious, on-going traction.
The global fashion industry is booming. In the last 15 years, world clothing production has almost doubled, with more than 300 million people employed along its value chain. However, the growth of this huge industry has come at a significant environmental cost.
To build on the growing body of global corporate social investment research, CECP: The CEO Force for Good announced the launch of a multinational inquiry into shared themes and trends in corporate social investments around the world. CECP’s Global Exchange seeks to unite country-based, mission-driven corporate social investment organizations to advance the corporate sector as a force for good around the world. Participating organizations – each referred to as a Global Exchange Country Partner in their respective country – collective represent over 54% of the world’s population and 67% of the world’s GDP.
When General Motors wanted to reduce energy consumption across its portfolio, it tapped into Current, powered by GE, to outfit its facilities with new LED fixtures that will cut lighting-related energy use by more than 60 percent. After starting installations in 2017, the automaker is well on its way with more than 50,000 LED fixtures installed. At the same time, GM is incorporating sensors and controls into the new light fixtures to create a future-proof digital ceiling that can provide even greater savings and become part of a more robust intelligent infrastructure.
The integration of new technology tools are the next step in the EHS&S technology adoption curve, which for most companies began with the implementation of their software system. Today these innovations are shedding new light on EHS&S operational risks in real time.
In today’s digital world transparency is a given, but evidence is now critical. The TCFD recommendations and the SDGs will change sustainability reporting adding further pressure on companies to disclose validated data, quantify impact and showcase future resilience.
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