Sustainability
Top 10 Metrics to Assess the Circularity of Businesses in 2024
The concept of circular economy (CE) is quickly making its way into business literature since we are struggling with major environmental issues. Besides its environmental value, CE expects to bring 4.5 trillion dollars until 2030 due to effective allocation of resources.
Circular Economy: Definition, Principles & Benefits in 2024
The Earth overshoot day (see Figure 1) in 2021 was July 29, which means that from January 1 to July 29, humans consumed all of the resources that the Earth regenerates annually. We roughly consume 1.
Top 14 ESG Metrics CEOs Must Disclose in ESG Reports (2024)
Many European companies will be required to publish environmental social and governance (ESG) reports by 2023 in order to comply with CSRD requirements. AIMultiple predicts that similar regulations will become more widespread globally over this decade.
Top 6 Supply Chain Sustainability Technologies in 2024
Companies that foster corporate sustainability through digital transformation are likely to be tomorrow’s leaders. For example a range of technologies including cloud computing, smart devices, and 3D printers can be implemented to optimize supply chain operations and achieve dual transformation.
7 Ways to Improve Your Supply Chain Sustainability in 2024
A sustainable supply chain is an important part of improving a company’s environmental, social, and governance (ESG) score which have an impact on attracting more customers and investors (see Figure 2). Supply chain activities are responsible for the bulk of scope 3 GHG emissions of a company.
Digital Sustainability in 2024: Importance & Top 5 Digital Solutions
According to the World Economic Forum (WEF), climate change and environmental issues are the greatest threat to the global economy. The report reveals that organization executives are afraid that we might have been too late to effectively protect the planet we live in.
Top 5 Ways ESG Reporting Boosts Your Business in 2024
In 2019, 90% of S&P companies published their environmental social and governance (ESG) reports. According to studies, a well-prepared ESG report with a valid action plan is more likely to increase your sales, capital inflow, your probability of hiring top talent, having government support, and reducing variable costs.
Environmental Social and Governance (ESG) Reporting in 2024
Corporate practices produce environmental and social issues. In 2021, we used 1.7 times more natural resources than the Earth regenerates in a year, we experienced many climate change related catastrophes that affect many regions. The usage of child labor reached a two-decade high, affecting 160 million children.
5 Ways to Reduce Corporate Carbon Footprint in 2024
As a result of climate change, extreme weather events are becoming five times more common than they were 50 years ago, posing a threat to our global civilizations. As a result, politicians‘, consumers‘, and funders‘ expectations regarding climate-neutral corporate actions skyrocketed.
4 Steps to Calculate Your Organization's Carbon Footprint in '24
The perception of regulators, investors and consumers regarding environmental challenges is changing rapidly. All stakeholders want to see real efforts to mitigate the negative impacts of climate change. Therefore, organizations’ environmental, social and governance (ESG) strategies and reporting become an important indicator for their compliance requirements and customer and investor relations.