In January, the World Economic Forum (WEF) event in Davos saw the usual wealth of corporate commitments coming to the fore. Among these announcements was the promise of a new $400m fund from the Norwegian government designed to kick-start investments that will help to protect five million hectares of forest and peatlands, an area the […]
‘Tis the season when we deck the halls in that winter wonderland. Let’s check in on some of our friends who work hardest during this last month of the year. Frosty the Snowman. Working in the cold can be a hazard if you’re not a snowman. A top hat looks good but doesn’t protect ears […]
What do you remember about 2013? If you look back at some of the news headlines, you’ll recall that it was a pretty ugly 12 months for supply chain management. From Rana Plaza to the horsemeat scandal, non-compliance, low engagement or simple a lack of supplier information lead to disasters that burned huge holes in […]
Sustainability reporting has come a long way in the last few decades and continues to evolve as the imperative for companies grows. Many frameworks, like the Global Reporting Initiative (GRI) standards, are comprehensive but they are not static. GRI has just released a new set of sustainability reporting guidelines, aimed at standardizing the language companies […]
Following an extensive pilot programme, the Natural Capital Coalition have released the Natural Capital Protocol today. This will provide a framework for businesses to perform Natural Capital Valuation, an exercise that minimizes environmental impact and reduces cost. Committed to aligning our reporting tools with the forefront of sustainability thinking, UL EHS Sustainability have monitored developments […]
Summary: As waste recovery and recycling processes improve, businesses require additional indicators to gauge and enhance their performance as part of a broader system. This need can be met by adding selected destination and recyclability indicators to existing sustainability performance management systems. The business case Waste equals food. A concept that is by no means […]
Summary: As sharing platforms become increasingly available within upstream operations, businesses looking to access the financial and environmental advantages on offer require clear information to guide their participation. This need can be met by adding selected utility and risk indicators to existing sustainability performance management systems. The business case Whilst most prevalent in a consumer […]
Applying natural capital valuation in mainstream business practices The global economy depends on the preservation of natural resources. Yet the majority of businesses have not traditionally placed a high enough financial value on natural capital – the products and services they derive from nature. Here, we consider how to apply natural capital valuation in practical […]
Summary: With its prolonged value creation potential, business interest in product life extension is increasing. However to maximize access to the advantages on offer additional business data is required. This need can be met by adding selected input, utility and destination indicators to existing sustainability performance management systems. The business case… Change is underway in […]
As investor interest in sustainability performance grows and companies come under more regulatory pressure to disclose their impacts, businesses are increasingly directing significant resources to external reporting. Disclosing progress in line with rigorous reporting frameworks and respected analyst surveys is integral to improving transparency and lowering reputational risk. However, with no single global standard for […]