Use of ESG measures in executive pay plans now widespread, finds joint PwC and London Business School study

Nearly half of FTSE 100 companies use an environment, social and governance (ESG) measure when setting targets for executive pay, a joint report released by PwC and the London Business School’s Centre for Corporate Governance shows. The study sets out how ESG targets are shifting from traditional areas such as employee engagement and risk towards […] ... lees meer

Beverage carton industry releases ten year roadmap outlining vision and commitments for its sustainable packaging

ACE, The Alliance for Beverage Cartons and the Environment, and its members SIG Combibloc, BillerudKorsnäs, Elopak, Stora Enso and Tetra Pak, have set the industry’s vision for the future: we will deliver the most sustainable packaging for resilient food supply systems which is renewable, climate positive and circular. Through its robust and ambitious Roadmap, the […] ... lees meer

A new standard for electric utilities to maximize progress towards the SDGs

The World Business Council for Sustainable Development (WBCSD) has today launched an SDG Sector Roadmap for the electric utilities sector. Over the past 18 months, WBCSD has convened 11 of the world’s leading electric utility companies to explore, articulate and set a course to realizing the unique potential of this sector to leverage its unique influence […] ... lees meer

Nutreco sets out bold new strategy to cut greenhouse gas emissions by 2030

Nutreco today announces the rollout of its sustainability strategy through to the end of 2025. This five-year strategy, called RoadMap 2025, includes Nutreco’s commitment to the Science Based Target initiative, which commits to review, accept and publish Nutreco’s reduction targets in the first quarter of 2021. Nutreco embraces the objective of the Paris Agreement, to […] ... lees meer

MEPs: Companies must no longer cause harm to people and planet with impunity

Parliament paves the way for a new EU law that requires companies to address human rights and environmental standards within their value chains. The legislative initiative report (adopted on Wednesday by 504 votes in favour, 79 against and 112 abstention) calls for the urgent adoption of a binding EU law that ensures companies are held […] ... lees meer

Are we on track for a green recovery? Not Yet

One year from the onset of the pandemic, recovery spending has fallen short of nations’ commitments to build back more sustainably. An analysis of spending by leading economies, led by Oxford’s Economic Recovery Project and the UN Environment Programme (UNEP), finds only 18.0% of announced recovery spending can be considered ‘green.’ The report, Are We Building […] ... lees meer

EcoVadis Announces the General Availability of its Carbon Action Module at Sustain 2021

EcoVadis, the world’s most trusted provider of business sustainability ratings, today announces the general availability of its Carbon Action Module. Carbon Action Module is a comprehensive solution that empowers organizations to drive climate action at scale by engaging their value chain trading partners in a decarbonization journey. The first public demonstration of the solution is […] ... lees meer

Tommy Hilfiger launches first circular design denim collection in partnership with the Ellen Macarthur Foundation

Tommy Hilfiger (based in Amsterdam), which is owned by PVH Corp., announces the launch of its first Jeans Redesign garments made to be more durable and recyclable – two critical components in creating a circular economy. Crafted in-line with the company’s 2019 pledge to the Ellen MacArthur Foundation Jeans Redesign project, the denim range are […] ... lees meer

OCI N.V. starts collaboration for commercialization by 2023/24 of ammonia and methanol as the shipping fuels of the future

Dutch based OCI N.V. enters into agreements with MAN Energy Solutions, Hartmann Group and Eastern Pacific Shipping to create marine value chain and start commercialization by 2023/24 of ammonia and methanol as the shipping fuels of the future. OCI N.V. (Euronext: OCI) today announced that it has signed two separate agreements: Memorandum of Understanding with […] ... lees meer

Christie’s Announces Global Sustainability Initiative

Christie’s confirmed today its commitment to more sustainable operations, pledging to be net zero by 2030.  The company is committing to a 50% reduction in its carbon emissions, achieving 90% diversion from landfill for its waste and providing all clients with packaging and printed material that is 100% recyclable. Christie’s is setting its carbon reduction goals […] ... lees meer

WBCSD launches new Pathfinder to enable Scope 3 emissions transparency and accelerate decarbonization

Today, the World Business Council for Sustainable Development (WBCSD) launched the Carbon Transparency Pathfinder—a new initiative dedicated to enabling widescale exchange of primary, carbon emissions data. WBCSD invites businesses, standard setting bodies and other decarbonization experts to join a growing business network working to develop a unique, ambitious model to decarbonize industry through data transparency, as […] ... lees meer

Henkel looks back on successful 30 years of sustainable development

Henkel today published its 30th Sustainability Report, detailing its achievements and progress in the area of sustainability. “For us, at Henkel, sustainability is not only part of our long-standing tradition, but also an integral element of our strategic agenda for Purposeful Growth. In 2010, we defined our long-term sustainability strategy and targets up to 2030. […] ... lees meer