The CSRD (Corporate Sustainability Reporting Directive) in the EU reforms and significantly expands the reporting obligations of companies. It extends the reporting requirements and makes it compulsory for big to small and medium-sized enterprises based on a harmonized reporting.
Environmental sustainability is simply part of doing business in a climate change world. From reducing energy usage and water waste to improving recycling and reuse efforts, companies large and small have implemented tactics and strategies to reduce their carbon footprints.
It’s not just millennials who are driving the change; it is a global shift. Nearly two in three consumers around the world buy based on belief, not just whatever catches their eye or is on sale. According to the latest Edelman survey, belief-driven buyers are now the majority in markets from China to Germany to the U.S., across age groups, and income levels.
Kimberly-Clark switched on one of Singapore’s largest solar energy installations at its manufacturing facility in Tuas, which produces Huggies diapers and Huggies baby wipes. The 7,730 photovoltaic panels mounted on its roof will generate 3.5 Gigawatt hours of clean energy, enough to power up a thousand 3-bedroon HDB flats for a year.
Merck has been named one of the top 100 Best Corporate Citizens in 2019 by Corporate Responsibility Magazine (CR Magazine). The publication’s list recognizes the top 100 U.S. public companies for outstanding environmental, social and governance (ESG) performance.
In continuation of its ongoing sustainability efforts, Bacardi Limited is proud to announce the recipients of its 5th annual Bacardi Limited Good Spirited Awards. Launched in 2014, the awards recognize the employees, teams and facilities across the company’s’s global network that developed the best environmental programs across five different categories: Production Facility, Brand Innovation, Sustainable Office, Green Champions or Partnerships.
Canary Wharf Group’s vision is to inspire positive impact by creating places that are healthy, thriving, sustainable and future-ready, and in its latest report, Making Sustainability Real it defines the City of the Future as Circular, Positive, Innovative, Responsible and Measured. The Group also calls for greater collaboration, as it acknowledges the need for urgency to tackle the global challenges facing all of us.
VMware, Inc. (NYSE:VMW), a leading innovator in enterprise software, has announced the Carbon Avoidance Meter (CAM), to provide data center operators with near-real time “carbon scores” – determined from the level of one’s carbon footprint and energy usage – and recommendations for reducing this footprint. The CAM bases carbon scores on telemetry data sent to VMware through VMware Skyline, a proactive support technology, in order to encourage energy reduction and inspire sustainable best practices for the industry.
LG Electronics Inc. has launched its aggressive global Zero Carbon 2030 initiative, committing to achieving net-zero carbon emissions from its worldwide operations within 12 years. In line with its larger sustainable business strategy, LG plans to reduce carbon emissions from its global operations by 50 percent (compared to a 2017 baseline) by implementing various carbon reduction and renewable energy initiatives. This effort will help bring LG closer to reaching its ultimate goal of carbon neutrality, achieving a net-zero carbon emissions footprint by balancing carbon emissions with carbon removal.
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