Greenstone Sustainability Blog

19 Sep 23

5 tips on how to embed sustainability into your supply chain

Sustainability has become an increasingly important topic in recent years, with businesses recognising the need to address their impact on the environment and society. As a result, sustainability is now relevant to all aspects of an organisation's operation, and companies are starting to integrate sustainable practices into their supply chain. However, embedding sustainability into a company's culture is a significant undertaking that requires a strategic approach.

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SupplierPortal

12 Sep 23

Greenstone publishes 2023 UN Global Compact Communication on Progress

Greenstone has published its tenth annual Communication on Progress (COP), reaffirming its dedication to integrating the UN Global Compact and its principles into our company's strategy, culture, and day-to-day operations.

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UNGC

5 Sep 23

5 things businesses should consider now for successful CDP reporting

In an era of heightened awareness surrounding environmental sustainability and corporate responsibility, businesses are under increasing pressure to accurately report their carbon emissions and sustainability efforts. The Carbon Disclosure Project (CDP) is a vital platform for organisations to transparently share their environmental data, strategies, and commitments. However, successful CDP reporting requires a year-round strategic approach that goes beyond simply meeting July disclosure deadlines.

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Environment , CDP , Frameworks

31 Aug 23

Key takeaways from the SBTi Monitoring Report 2022

SBTi recently published its fourth report titled "SBTi Monitoring Report 2022 - Looking back at 2022 and moving forward to 2023 and beyond". This comprehensive report delves into the worldwide advancements of science-based targets and reveals a remarkable ongoing surge in the adoption of science-targets by companies and financial institutions. This trend persists despite the escalating challenges prevalent on the global stage.

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Environment

22 Aug 23

Why investors are seeking ESG software to manage portfolio data

Across the asset-management world, interest in Environmental, Social, and Governance (ESG) performance has soared over the past few years. ESG factors into investment decisions and portfolio management strategies are increasingly becoming the norm and investors are seeking to better understand a company’s long-term value by looking at ESG information.

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Environment , ESG , InvestorPortal

15 Aug 23

Greenstone publishes Sustainable Procurement Guide

Greenstone has published ‘Sustainable Procurement – a guide to implementing sustainable purchasing practices’. This guide aims to help procurement and sustainability professionals understand what sustainable procurement is, how their organisation is performing in this area and how they can begin to integrate sustainability into their procurement function.

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SupplierPortal

8 Aug 23

PE Wire US Awards - Greenstone shortlisted in two ESG categories

We are delighted to announce that Greenstone has been shortlisted in the Private Equity Wire US Awards 2023 in the "Best ESG Solution Provider" and "Best Data Provider - ESG" categories. Our new colleagues at Reporting 21 were also shortlisted in the "Best ESG Solution Provider" category.

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Awards , InvestorPortal

3 Aug 23

EU Commission adopts final ESRS sustainability reporting standards

The European Commission has adopted the first set of 12 European Sustainability Reporting Standards (ESRS), and large and listed EU companies will be required to use these standards from January 2024, as part of the Corporate Sustainability Reporting Directive (CSRD). The European Commission together with the European Financial Reporting Advisory Group (EFRAG) have been working to ensure that the ESRS take into account discussions with the International Sustainability Standards Board (ISSB) and the Global Reporting Initiative (GRI) to improve alignment between EU and global sustainability reporting standards and prevent unnecessary double reporting by companies, particularly in the area of climate-related disclosures.

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Environment

25 Jul 23

What’s the difference: ESG vs Sustainability vs CSR

The growing interest in ESG, corporate responsibility and sustainability has resulted in the appearance of many different terms trying to describe interconnected and parallel concepts. Understanding these terms is essential for organisations that want to make informed decisions about their impact on the environment and society. ESG, sustainability, and CSR are three terms that are often used interchangeably but are, in fact, distinct from one another. In this article, we will explain each term, highlight key differences, and discuss their relationship and impact.

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Environment

20 Jul 23

IFRS Foundation to monitor Climate-Related Disclosures over TCFD

In a significant development for climate-related financial disclosures, the International Financial Reporting Standards (IFRS) Foundation will be taking over the monitoring responsibilities from the Task Force on Climate-related Financial Disclosures (TCFD) starting in 2024. This move comes as the IFRS Foundation recently published its inaugural ISSB Standards, IFRS S1 and IFRS S2, which fully incorporate the recommendations of the TCFD. The Financial Stability Board (FSB) has acknowledged these standards as the culmination of the TCFD's important work initiated in 2017.

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Environment