Bringing Sustainability to Life
In this issue we highlight recent events, impacts to People & Planet, as well as considerations for your business.
Environment: The U.N.’s Intergovernmental Panel on Climate Change (IPCC) released their sixth assessment report on climate change and it is a code red!
Social: Prospective Employees and the SEC have something in common. They both want to have more transparency and insight into a company's HUMAN CAPITAL MANAGEMENT performance.
Governance: Measuring ESG - looking beyond the ratings.
Environment: UN IPCC Climate Change Assessment
The U.N.’s Intergovernmental Panel on Climate Change (IPCC) released their sixth assessment report on climate change, and the main headline is human influence unequivocally responsible for the warming of the atmosphere, ocean and land. Their most urgent report to date shares that the global surface temperatures are 1.1C higher than the pre-industrial era, and will likely hit the 1.5C Celsius marker by 2040.
We have been seeing the impacts of a warming planet all around with the wildfires in Greece & Turkey being the latest catastrophe. The report goes into details on the various impacts we are currently seeing and will continue to see increase from higher rainfall, more extreme droughts, to higher ocean levels and more arctic ice melt.
Social: Prospective Employees and the SEC have something in common. They both want to have more transparency and insight into a companys' HUMAN CAPITAL MANAGEMENT performance.
As “The Great Resignation” looms and everyone is NOW HIRING, it is a good time for companies to gain a better understanding on their Human Capital Management metrics. Your prospective hires and existing workforce want to see how you manage your workforce, invest in your people and what you do to create long-term value in your people.
In August 2020, the SEC introduced new disclosure requirements designed to provide stakeholders insight into human capital—from the operating model, to talent planning, learning and innovation, employee experience, and work environment. PWC provides a deeper look into getting your company ready and the new human capital disclosure rules.
Governance: Measuring ESG - looking beyond the ratings
With hundreds of ESG rating agencies out there and more cropping up by the day, how consistent aretheir scores? Can ESG ratings truly be used to improve decision making on whether a company is environmentally & socially responsible? Are the ratings accurate, or does a deeper, independent analysis need to be taken into account when making investment decisions?
We take a look at the ratings in our new article, “Measuring ESG: looking beyond the ratings”
IN OTHER NEWS
Read our August C-Suite Beat! Focused on key trends and insights in Accounting, Finance, HR, Marketing & ESG.
Excited to participate in #Sharethegreen incubator program with suppliers who support diversity within their supplier chain! Share the GreenSM is a supplier initiative aimed to advance female diversity in corporate supply chains. This year’s virtual event will engage hundreds of women-owned businesses across the U.S. Selected women-owned businesses will have the opportunity to showcase their capabilities to major corporations, while our sponsoring corporations can enhance the diversity of their own supply chains.
Team U.S.A. topped the medal count at the 2021 Tokyo Olympics, with U.S. Women athletes soaring and collecting the majority of medals (58.4%). Read more about these incredible athletes!
Bill Gates pledges $1.5B to work climate projects in the senate-passed infrastructure bill.
Earth Overshoot Day marks the date when humanity’s demand for ecological resources and services in a given year exceeds what Earth can regenerate in that year. In 2021, it fell on July 29.
Proxy Season reveals growing investor action on climate and DEI initiatives.