We all worked hard during the past year to continue to shift the dial on combatting dangerous climate change.
Two years on from the launch of the UN Sustainable Development Goals, many companies around the world are still grappling with the how best to implement them. While the broad and positive purpose of the SDGs is clear to all, finding the most effective ways to take advantage of the opportunities they present can be less obvious.
Topics: Sustainable Development Goals
Each year on the 7th December we mark the ‘International Civil Aviation Day’ in order to recognise the important role that aviation and international air travel plays in the social and economic development of our world. Given the adoption of Agenda 2030 by the UN and member states, the importance of aviation in continuing to facilitate global connectivity and usher in a new era of sustainable development has never been more relevant.
The hosts for the 23rd United Nations Conference of Parties was Fiji - Bula! For practical reasons, Fiji came to the Rhine with the negotiations physically hosted in Bonn, Germany. Frank Bainimarama, the Fijian Prime Minister and COP 23 President is one of the leading global voices calling on the international community to commit to more ambitious targets to curb carbon emissions.
The increasing use of renewable energy is key to limiting climate change to under 2°C, the threshold set by the Paris agreement. If this limit is exceeded, climate change is expected to have devastating and irreversible impacts. Electricity generation is a vital part of meeting the goals as it reduces the amount of fossil fuels burnt for energy. The IEA predict that by 2040 renewables will make up 40% of total power generation. Denmark current leads the field in renewable energy generation with 59% of its power coming from renewables.
Topics: Renewable energy
This week saw the launch event for 2017 CDP disclosures. This is not only an important time of year for our clients to find out how they have performed, but is also a time to take stock of the global trend in emissions performance and management.
Successful engagement with customers, employees and suppliers is one of the key areas we assessed in our 2017 report on the Sustainability Reporting Performance of Europe’s largest companies. Engagement schemes can bring about huge business benefits, including supply chain efficiency, improved customer loyalty and increased employee satisfaction.
In today’s complex business landscape, companies are expected to focus on improving their non-financial performance in response to a variety of stakeholders. This non-financial performance may cover a range of Environmental, Social and Governance (ESG) factors depending, on company operations, from addressing modern slavery in the supply chain to managing water use in production.
Topics: Non-financial reporting
Recent news stories have focused on the rise and rise of renewable energy. The International Energy Agency in its assessment of renewable energy states ‘we see renewables growing by about 1,000 gigawatts by 2022, which equals about half of the current global capacity in coal power’.