Climate Action for Associations’ Post

At @GSA, we're committed to building a #sustainable future across the federal government. Learn what sustainability truly means with this reference tool of climate-based terminology, and join us in making a positive impact. ➡️ https://ow.ly/pTcW50ReYjs

Exciting developments in the world of sustainability reporting! 🗞️ Australia has just introduced mandatory climate-related financial disclosures for large businesses and financial institutions, starting from 2025. This is a major shift that will undoubtedly impact many organisations across the country. This new legislation reflects a growing global trend towards greater transparency and accountability on climate-related risks and opportunities. It also signals a clear expectation for businesses to play a more active role in addressing climate change. 🌏 At Everclime, we see this as a positive step towards a more sustainable future. We believe that clear and consistent climate disclosures are essential for informed decision-making and will ultimately drive positive change. 💪 We're here to partner with businesses as they navigate these new reporting requirements. Our platform and expertise can help you measure, manage, and communicate your environmental impact effectively, ensuring you're well-prepared for this new era of transparency. If your organisation is looking to get ahead of the curve and proactively address these changes, we're here to help. Contact us today to learn more about how we can support your sustainability journey. 🤝 #ClimateReporting #Sustainability #Australia #CorporateResponsibility #ESG

Unfortunately, there has been a setback to sustainability reporting standards in the EU. This 2 year postponement affects large non-EU companies operating within the EU, slowing global efforts to address environmental challenges and promote sustainable development. Although this is disappointing news, we are not giving up! There is still much sustainability reporting work to be done, and Green Econome remains as committed as ever. #SustainabilityReporting #EU #ESRS #SustainableBiz #ESG #GreenEconome

The Commission has worked with international standard setters to ensure that the European Sustainability Reporting Standards (ESRS) have a high degree of alignment with international ones.   EFRAG and the International Sustainability Standards Board (ISSB) have today published joint guidance on the interoperability between the European and international standards, with a particular focus on climate reporting. This guidance shows that EU companies reporting under European standards can comply with the global ones with minimal additional effort, reflecting the Commission’s commitment to minimising the reporting burden on companies.  Mairead McGuinness, Commissioner for Financial Services, Financial Stability and Capital Markets Union, said: “Climate change is a global challenge. I welcome today’s guidance that recognises the Commission’s sensible approach to sustainability reporting, and a commitment to ensuring a very high degree of alignment between EU and international sustainability reporting standards. It is important that reporting frameworks in different jurisdictions are interoperable with each other to reduce the reporting burden for EU companies.” The first companies in the scope of the Corporate Sustainability Reporting Directive (CSRD) will report against the ESRS in 2025 for financial year 2024.   You can have a look at the guidance here: https://lnkd.in/gTuk5TJj 

🌍 𝗚𝗥𝗜 𝗮𝗻𝗱 𝗖𝗗𝗣 𝗣𝗮𝗿𝘁𝗻𝗲𝗿𝘀𝗵𝗶𝗽: 𝗪𝗵𝗮𝘁 𝗜𝘁 𝗠𝗲𝗮𝗻𝘀 𝗳𝗼𝗿 𝗬𝗼𝘂𝗿 𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀 🌍 GRI and CDP have announced a new partnership to align their sustainability reporting frameworks, simplifying the process for businesses and improving access to actionable environmental data. By integrating GRI standards into the CDP questionnaire, companies can now disclose sustainability impacts more effectively, enhancing transparency and accountability. This collaboration is a significant step toward accelerating global climate action. 💡 RWS Financial Services supports companies in aligning with leading sustainability standards like GRI and CDP, helping streamline reporting and enhance compliance with global frameworks. ✅ Let RWS Group guide your team with expert solutions: https://lnkd.in/erX7hh_M. #RWS #RWSGroup #RWSFinancial #SustainabilityReporting #CDP #GRI #ClimateAction #Transparency #ESGCompliance

Befesa has published its ESG Report 2023, highlighting as key topics the Double Materiality Analysis carried out in the scope of the CSRD standards, an update on Befesa’s climate action plan, and the sustainable use of water. As Javier Molina (Chairman) and Asier Zarraonandia (CEO) highlighted in their Letter: “As we look to the future, we remain committed to our ESG principles. We recognise that sustainability is a journey, and we are dedicated to continuous improvement. Our goals for the coming years include further reducing our environmental impact, advancing our social initiatives, and enhancing our governance practices even further”. #esgreport #sustainability #circulareconomy

U.S. companies should act on CSRD now. The landmark directive impacts thousands of companies worldwide—not just in Europe—requiring them to disclose their climate and sustainability risks, impacts, and strategies using the European Sustainability Reporting Standards (ESRSs). With the first wave of reports due in 2025, preparation is key. 💡 Let us help you navigate your journey and build a report that meets the new standards. Reach out today to start your path to compliance.

🌏 Explore the fascinating evolution of sustainability reporting from voluntary initiatives to the mandatory Australian Sustainability Reporting Standards (ASRS). Our third blog post offers a historical perspective, exploring the journey towards more accountable and transparent business practices. Ideal for anyone interested in the backstory of sustainability standards and their impact on today's corporate world. ➡️ Link available in the comment section 📢 If you find our ASRS series insightful, please share this post with your network and help us spread the word about the incoming mandatory climate ASRS reporting. By spreading this information you could be helping another business navigate compliance challenges and embrace sustainability. #MandatoryReporting #SustainabilityStandards #BusinessReadiness

🌿 Just returned from the CDP 2024 Disclosure Workshop in Brussels. It was an incredibly enriching experience! 🌿 🌍 The sessions highlighted increasing CDP disclosures, showing more companies are stepping up to disclose their environmental impact, which is incredibly encouraging. A key point raised was the lag in nature-related disclosures compared to climate disclosures, emphasizing the need to close this gap. 🤝 Connecting with peers and industry experts highlighted both the challenges and opportunities in disclosure practices. Transparency is crucial as it builds trust, enhances accountability, and drives positive change. 🌱 Eager to apply these learnings and move forward on our sustainability journey! #CDP #Sustainability #ClimateAction #ESG #CorporateResponsibility #EnvironmentalImpact

Explore the complexities of climate-related disclosures (CRD) in our second webinar 'Understanding Metrics + Targets' with expert practitioners, James Hughes, Marta Karlik-Neale, and Jeska McHugh from McHugh & Shaw. This webinar will explore metrics and target setting, focusing on GHG emissions covering Scopes 1, 2, and 3, including science-based target setting. We will also touch on the emerging practice of resilience metrics and targets. These webinars will be useful for all organisations that are required to or plan to prepare CRDs, especially those entering year two of the NZ disclosure regime. Topics include understanding metrics and targets, assessing financial impacts, and transition planning. Don’t miss the opportunity to gain valuable knowledge and strengthen your organisation’s sustainability journey. Sign up here: https://lnkd.in/gSvDZ_eb