Sustainability in the mainstream: Investors ESG interaction with companies
June 29 | Anuj Saush, Senior Sustainability Researcher - Europe, The Conference Board | Comments (0)
Increasing recognition of the impact of environmental, social and governance (ESG) risks and opportunities on portfolio value is driving institutional investors engagement with companies on ESG.
China’s new pollution tax – a breath of fresh air for MNCs, but with important risks to monitor
June 28 | Minji Xie, Research Analyst, China Center for Economics and Business | Anke Schrader, Senior Researcher, China Center for Economics and Business | Comments (0)
China’s new Environmental Protection Tax Law (EPT Law) came into effect on January 1. It replaces the old Pollutant Discharge Fees System. Taxation could increase, as more headroom for localities allows to set higher tax rates. Some leveling of the playing field is possible, as non-compliance and tax evasion are addressed. Supply chain costs may be impacted.
All Signs Point to Much Stronger Environmental Protection in China
June 03 | Anke Schrader, Senior Researcher, China Center for Economics and Business | Comments (0)
Last winter’s air pollution control plan in the larger Beijing area was unprecedented both in scale and intensity. The action plan was part of a much broader, central government-led effort to tackle China’s pervasive air pollution problem and significantly ramp up environmental protection efforts in general. It is highly unlikely at this point that the government will backtrack on this issue, given the long-term economic and political ramifications of doing so.
Science Based Targets – What Is It All About?
May 21 | Dr. Uwe Schulte, Leader, Global Sustainability Center, The Conference Board | Comments (0)
Science Based Targets (SBTs) for greenhouse gas (GHG) reduction are increasingly being discussed, however what they entail in detail is often not well understood.In contrast to a simple incremental approach, targets are considered ‘science-based’, if they aim at carbon reduction in accordance with the internationally agreed global climate change targets. In this blog, we want to give a very brief overview of the approach and its application.
An Update on the EU Circular Economy Package
April 26 | Thomas Singer, Principal Researcher, The Conference Board | Comments (0)
This month the EU parliament approved a provisional agreement revising six pieces of EU legislation on waste. The legislation is part of the EU’s Circular Economy Package, a policy initiative aimed at advancing the practice of “recycle, repair and re-use” and waste avoidance. A new report provides more details on these and other recent developments related to the EU Circular Economy Package, including some of the key implications for companies.
ESG rating and ranking initiatives - a necessary evil?
April 20 | Anuj Saush, Senior Sustainability Researcher - Europe, The Conference Board | Comments (0)
An increasing number of studies point towards a strong positive correlation between ESG and financial performance. Whilst this has contributed to an increase in responsible investing, one of the implications of this has been the growth in the ESG rating and rankings initiatives.
C-Suite Challenge™ 2018: CEOs: Digital Strategies enable better Sustainability Performance
February 19 | Dr. Uwe Schulte, Leader, Global Sustainability Center, The Conference Board | Comments (0)
2/3 of CEOs believe that digital transformation is a significant enabler for their sustainability strategy and they actively seek opportunities from digitization to improve sustainability performance and to discover more sustainable business models. The application of digital trans-formation and innovation for new more sustainable business models finds wide acceptance among company leaders. Now is the right time to develop proposals for new products and services and new revenue models.
Sustainability Reporting: Quality over Quantity
February 07 | Thomas Singer, Principal Researcher, The Conference Board | Comments (0)
Corporate sustainability reporting—the disclosure of environmental, Social, and governance (ESG) practices—continues to transition from an exercise in transparency to a more targeted and strategic mechanism for companies to engage with stakeholders. Recent analysis by The Conference Board captures trends in the disclosure of environmental and social practices by large public companies around the world.