Green House Gas (GHG) emissions are classified into categories being Scope 1, Scope 2 or Scope 3 emissions. And this is a way of grouping emissions between those created by the company and those created by its wider value chain.
Only 14% of mid-market businesses are currently reporting on the Scope 3 emissions that the International Sustainability Standards Board (ISSB) recently voted unanimously to require companies to disclose, according to new research from Grant Thornton International published ahead of COP27 in Egypt.
A common question in board rooms around the world is how well are large and complex companies responding to market and regulatory expectations on the consequences of climate change in their audited financial statements?
Progress towards female equality in senior leadership is accelerated when men act as allies. Informed by Grant Thornton’s research into the global mid-market, this article reveals what being a male ally looks like, and outlines the practical steps businesses can take to drive action and remove the organisational and cultural barriers to male allyship.
COP26’s goal was to deliver radical change to save our planet. In the long term, there are good reasons to be hopeful.
At the COP Conference in Glasgow over the next two weeks, over 25,000 people representing 200 countries including policy makers, negotiators, journalists and world leaders from business and politics will meet to agree accelerated reduction of emmissions and collaborative means to keep the forecast global temperature rise to under 1.5 degrees.
Mid-market businesses around the world want to accelerate their ESG and sustainability journey.
The mid-market’s real prioritisation of sustainability not only reflects the growing expectation of stakeholders but the forward-thinking nature of this entrepreneurial segment.
Real estate and construction is probably not the first sector that comes to mind when you think about environmental sustainability. The construction process consumes large amounts of natural resources and energy, and can create significant waste. While the progress of development continues to add to our quality of life, the built environment is responsible for approximately two-fifths of global energy use and a third of carbon emissions. This means that, from design to demolition, the buildings in which we live, work and play have a huge impact on the environment.
Technology is at the cutting edge of efforts to make growth more sustainable. As the global population swells and more people move into higher consumption classes, the demand for food, for energy, for water, will all increase. But the resources our planet offers will not. Clearly the status quo is not sustainable.
Efficiency and cost savings are big business in hospitality and tourism. It's hard to think of another sector which was such an early adopter of environmentally-friendly business practices.
Nathan Goode calls for a change of narrative in the sustainability debate.
With momentum building towards the UN Climate Change Conference in Peru, new figures from IBR reveal that businesses leaders in emerging markets are more focused on the sustainability of their operations compared with peers in developed markets.
Investor calls for transparency and the rise of social media have thrust the impact businesses have on the economy, the environment and society more firmly into the spotlight. Drawing on more than 2,500 interviews with business leaders in 34 economies, Corporate Social Responsibility: beyond financials, looks at how companies are responding to this challenge; how they are making their operations more sustainable and what role they feel integrated reporting can play.
Nathan Goode welcome growth opportunities extra government scrutiny brings
As the global economy slowly recovers its verve, so business leaders in the hospitality and tourism sector are looking at new ways to grow their operations. So says our International Business Report (IBR), which interviews around 150 senior executives in the sector globally every quarter.