ORGANIZATIONAL CHANGE - Only one out of eight insurers said they have in-depth climate change strategies, according to a recent survey by investor advocacy group Ceres.
NEW METRICS - Shell released new scenarios last week that explore two possible futures with dramatically different implications for society and the world’s energy system. One scenario sees cleaner-burning natural gas becoming the most important energy source globally by the 2030s and early action to limit carbon dioxide emissions. The other sees solar becoming the top source by about 2070, but with slower action to address the threat of climate change.The New Lens Scenarios look at trends in the economy, politics and energy as far ahead as 2100, and underscore the critical role government policies could play in shaping the future.
NEW METRICS - We’re scratching our heads over the Global Reporting Initiative’s recent release of the Exposure Draft of its fourth generation of Sustainability Reporting Guidelines (dubbed “G4”).
NEW METRICS - “Now, explain it to me like I’m a four year old,” says Denzel Washington to Tom Hanks in the 1993 film Philadelphia. We pose this same question to the Global Reporting Initiative, the standard-setter for sustainability reporting.
NEW METRICS - While it is common practice now for corporate sustainability reports to include materiality matrices, whether or not they actually serve their purpose is debatable. Indeed, we (the Center for Sustainable Organizations) don't think they do, and have some suggestions for how to improve them.
NEW METRICS - GRI has now formally responded to the Enforce or Explain campaign we (the Center for Sustainable Organizations) launched last month in which we suggested that it either enforce the ‘sustainability context’ principle in its Guidelines, or explain why it doesn’t. Motivated, in part, by GRI’s own Report or Explain Campaign, in which GRI exhorts businesses around the world to issue sustainability reports or explain why they don’t, our campaign was aimed at GRI itself.
NEW METRICS - On April 30, the Federal Trade Commission (FTC) will conduct a second public workshop in its continuing efforts to address the question of how sustainability claims in advertising should be handled.
FINANCE & INVESTMENT - The ice cream brand aims to help 5,000 female cocoa farmers in Côte D'Ivoire achieve financial stability and diversify their incomes, for greater prosperity in the cocoa-farming offseason, by 2025.
PRODUCT, SERVICE & DESIGN INNOVATION -
CHEMISTRY, MATERIALS & PACKAGING - Earlier this year, P&G outlined a comprehensive framework for its leading brands to increase their positive impacts on society and the environment. But forest-conservation NGOs say they need less talk, more action when it comes to P&G's tissue products.