New appointments to ramp up capital markets and policy engagement
March 25, 2020 /3BL Media/ - As global capital markets, investors and policy makers are increasingly focused on environmental, social and governance (ESG) information, GRI has made two senior appointments to help meet the needs of these important stakeholders:
Review of BEPS sees groups around the world push for public reporting
March 19, 2020 /3BL Media/ - The response to the OECD’s consultation on updating their tax reporting framework has been supportive of adding public disclosure of country-by-country corporate tax payments. About 25% of the responses urged the OECD to align with GRI’s recently launched Tax Standard.
For nearly a decade, Schneider Electric Energy & Sustainability Services has hosted an internal forum among its international experts to discuss energy trends for the coming year. This year’s forum took place near the end of 2019 and combined experts across data science, energy sourcing, research and analytics, and risk management. While the primary task was the same as in previous years, it was nonetheless still challenging: forecast the top trends that will have the greatest impact on energy markets in 2020.
An ‘ideas menu’ for connecting the board of directors with society
For many company boards, tackling the unmet needs of society is an aspiration that can be delegated to Corporate Social Responsibility teams. They see government as primarily responsible for addressing challenges such as climate change and mental illness, leaving boards to focus on shareholder value. The main argument in this paper is that the relationship between business and society has reached a point where the voice of society needs to be introduced explicitly as a stakeholder in the boardroom.
Businesses have long recognized the need to decarbonize operations through setting GHG emission reduction targets, but these goals are typically short-term and incremental in nature – usually based on past performance or regulatory requirements. Science-Based Targets (SBTs) are far more ambitious and go beyond current legislation. They are aligned with climate science and stated aims of the Paris Climate Agreement. Their time horizon is longer (up to 2050) and require more aggressive cuts in emissions.
Norges Bank press for companies to improve and increase ESG disclosures
March 4, 2020 /3BL Media/ - A report from Norges Bank Investment Management – manager of the one trillion Euro Government Pension Fund of Norway – has called for businesses to improve metrics to ensure they disclose ‘relevant, quantitative and comparable information on environmental, social and governance (ESG) issues’.
Eighth annual Charitable Giving Report reveals continued growth of online and mobile donations
CHARLESTON, S.C., March 3, 2020 /3BL Media/ — The Blackbaud Institute, a research division of Blackbaud (NASDAQ: BLKB), the world’s leading cloud software company powering social good, releases its eighth annual Charitable Giving Report, offering benchmarking data based on the largest analysis of overall and online giving statistics fo
By Peter Paul van de Wijs, GRI Chief External Affairs Officer
This year marks just ten years to go to the deadline for completing the UN Sustainable Development Goals (SDGs). These universally supported targets were always ambitious in their scope – yet what is clearer now than ever before is that quicker progress is crucial in the decade to come. If the world stays on the same pace as the past five years, the goals will not be met with worrying and serious consequences.