26 Apr 18

Impact reporting: The business response to impact measurement & key conclusions

In the previous two parts of this blog series on social and environmental impact reporting we have provided an overview of the key findings of our research about existing trends and challenges in the impact measurement and reporting space. We have also aimed to provide clarification around terminology and valuation methodologies that currently exist in the field.  

To view the first two parts, please click on the links below. In this part, we explore the business response to social and environmental impact measurement and reporting.

Non-Financial Reporting , Environment

5 Apr 18

Impact reporting: frameworks, methodologies and approaches for impact measurement and valuation

This is the second part of a 3-part series on an extensive piece of research on social and environmental impact reporting. To view the first part of this series on ‘The state of social and environmental impact measurement and reporting’ please click here.

In this part, we give an overview of the key organisations in the sector and the different frameworks, methodologies and approaches designed to measure and communicate social and environmental impacts.

Non-Financial Reporting , Environment

27 Mar 18

Social and environmental impact measurement and reporting – research insights

Greenstone recently conducted an extensive piece of research on social and environmental impact reporting. Due to an increasing maturity and awareness of sustainability issues and their potential risk to businesses and communities, there is an emerging trend in this area of company reporting.

With so much information available, it is not always clear for businesses that want to provide better sustainability disclosures where to begin, what to consider and what to be prepared for.

In this 3-part blog series, we will provide an overview of the key findings of this research to inform our clients, partners and a wider audience about existing trends and challenges in the impact measurement and reporting space. We also aim to clarify some misconceptions around terminology and valuation methodologies that currently exist in the field.  

Non-Financial Reporting , Environment

23 Mar 18

Earth Hour 2018 - world action on climate change

Earth Hour 2018 is on Saturday 24 March at 8.30pm local time. This global movement, led by WWF, brings millions together across the world to call for greater action on climate change. Each year, hundreds of millions of people around the world switch off their lights and organise events – at home, in their community or in their towns or cities – to show they care about the future of our planet.

Environment

14 Mar 18

Greenstone adds Initiatives Savings Module to its non-financial reporting software

Greenstone has added an Initiatives Savings Module (ISM) to its non-financial reporting software. This new functionality enables Greenstone’s clients to track, monitor and report consumption, carbon and financial savings against environmental initiatives implemented across their organisation.

Greenstone has developed this functionality as a result of its clients’ increasing requirements to monitor and report environmental projects across energy, water, waste and paper. These initiatives vary from the installation of LED lighting or new servers that reduce energy consumption, to changes in industrial processes that result in significant water savings, to behavioural change initiatives that reduce paper use or increase recycling.

Environment

21 Feb 18

Fujitsu Group Environmental Report 2017 wins prestigious award

Fujitsu today announced that its Fujitsu Group Environmental Report 2017 received the Grand Award of Global Warming Countermeasures Report (Japanese Environment Minister's Award) as part of the 21st Environmental Communication Awards, sponsored by Japan's Ministry of the Environment and the Global Environmental Forum.

Non-Financial Reporting , Environment

15 Feb 18

EU Non-Financial Reporting Directive - how to prepare

Back in December 2014, the European Commission introduced new legislation requiring certain companies to disclose relevant non-financial information, aptly titled the EU Non-Financial Reporting Directive (EU NFRD). Giving member states until the end of 2016 to enshrine the new directive into national law, the time has now come for large companies residing within the EU to report against the new directive, disclosing information relating to their 2017 financial year.

Non-Financial Reporting , Environment

12 Feb 18

Eurostar to set science-based target and halve use of plastic

This article was originally published on edie.net on 8th February 2018. 

High-speed rail service Eurostar has pledged to halve the amount of plastic it uses over the next two years, with the organisation's energy and environment lead Rebecca Cranshaw revealing that a science-based target to reduce emissions should be in place later this year.

Eurostar announced an update to its Tread Lightly strategy earlier this week, outlining plans to reduce waste, improve the energy efficiency of trains and invest in renewable electricity.

Environment , Science-based targets

31 Jan 18

TCFD's recommendations - what you need to know

There is a growing concern within the financial community that climate risks and their associated costs are being overlooked when it comes to the pricing of company assets. A survey carried out by HSBC in September of last year highlighted this growing unease, concluding that half of the institutional investors who intended to increase their climate friendly investments felt they lacked adequate information on climate risk.

Last year, the Financial Stability Board (FSB) established the Task Force on Climate-Related Financial Disclosures (TCFD) to ensure that climate-risks are incorporated into financial disclosures. Chaired by Michael Bloomberg, the TCFD has released a voluntary framework of recommendations that incorporate sustainability considerations into financial disclosures.

Environment , TCFD

24 Jan 18

CDP reporting - preparing for 2018

For 2018, CDP has made some significant changes to its questionnaires and scoring. This is all part of ‘Reimagining Disclosure’ - an initiative CDP launched last year with the aim of developing and improving its disclosure system.

The changes affect how companies should disclose their GHG emissions and have been made in response to the market need for improved data collection and more sector specific data requests related to climate change. They also encompass the Task Force on Climate-related Financial Disclosures (TCFD) recommendations related to risk management and the inclusion of more forward looking metrics.

Environment , CDP

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