What is the Task Force on Climate-Related Financial Disclosures (TCFD) and Who Does it Impact?
Background The Task Force on Climate-Related Financial Disclosures (TCFD) was created in 2015 by the Financial Stability Board (FSB) to promote international financial stability; to develop consistent climate-related financial disclosures for companies, banks, and investors. The goal of TCFD is to create consistency amongst organizational climate-related disclosures, incorporating climate-related risks and opportunities into their risk […]
Corporate Sustainability: A Journey of Progress Across the Hospitality, IT, and Healthcare Industries
Today’s world faces unprecedented environmental and social challenges which has pushed sustainability to become a top priority for organizations across all industries. The hospitality, IT, and healthcare sectors are at the forefront of the sustainability movement, working to reduce their environmental impact, improve their social practices, and enhance their overall sustainability performance. In this article, […]
CSDDD – A European Directive Creates a New Level-Plane Field for Sustainable Supply Chains
In the Spring of 2022, in the shadows of ongoing discussions about the new Corporate Sustainability Reporting Directive (CSRD), the European Commission developed and published a proposal for a Corporate Sustainability Due Diligence Directive (short: CSDDD). With the attempt to ensure both human rights and the environment are protected and placed at the forefront in global […]
What Are Scope 3 Emissions and Why Do They Matter?
As the world is becoming increasingly aware of the impact of climate change, it’s more important than ever for organizations to understand their carbon footprint and work towards reducing their emissions. Most organizations currently focus on direct emissions (Scope 1) and indirect emissions from energy usage (Scope 2). However, it is even more critical to […]
5 Ways Climate Change is Impacting EHS Management Programs
Climate change has been impacting how we live and think about our future for some time now and is felt in almost every aspect of our lives. From the way we eat and prepare our meals, the products we purchase, the means by which we travel from place to place, and the decisions we make […]
How the Corporate Sustainability Reporting Directive (CSRD) will Change Reporting as We Know It
On November 10, 2022, the Corporate Sustainability Reporting Directive (CSRD) was adopted in its final form by the relevant bodies of the European Union (EU). This milestone will massively change how we think about and implement sustainability reporting in companies. In this article, we’ll explore the critical aspects of the CSRD in more depth. The […]
The Role of EHS in Achieving Net Zero
Organizations that are working to cut carbon emissions can look to their EHS Department for help. The United Nations has put it best: “The science shows clearly,” the UN reports, “that in order to avert the worst impacts of climate change and preserve the livable planet, global temperature increase needs to be limited to 1.5°C […]
The Connection Between EHS and Sustainability
Environmental, health, and safety professionals are leading the way to a sustainable future. What does it mean for an organization to be sustainable? For environmental, health, and safety professionals, it’s a question that may not have an easy answer. There’s economic sustainability, for instance, or a company’s ability to profit over time, but there’s also […]
ESG Management Software: The Key to Leveling Up Your ESG Program Initiatives
Managing and measuring strategic Environmental, Social, and Governance (ESG) initiatives can be a daunting task. ESG, at its core, is a multifaceted approach to understanding and quantifying activities across an entire organization’s value chain including production and procurement, marketing and sales, HR, company infrastructure, and much more. It’s a three-pronged approach that an organization’s workforce […]
The Role of EHS in ESG and Sustainability
While some corporations and organizations have well-thought-out financially driven sustainability programs, others are just beginning their journey, still trying to navigate the waters of ESG (Environmental, Social, Governance) and Sustainability. But chances are, those engaging in ESG and Sustainability reporting are most likely EHS (Environmental, Health, and Safety) professionals. And most likely, that is because […]
