Just Salad’s sustainability report highlights waste-free dining movement

Read the full story at Waste360.

New York-based Just Salad, known for its fast-casual restaurant concept that utilizes reusable containers, has just released its 2021 Sustainability Report.

In an introductory letter, Nick Kenner, founder and CEO, and Sandra Noonan, chief sustainability officer, placed emphasis on the company’s commitment to “everyday health and sustainability.”

Apple suppliers double use of clean energy, avoiding 14 million tons of emissions

Read the full story at ESG Today.

Apple unveiled today significant progress to eliminate emissions across its value chain, announcing commitments from dozens of manufacturers in its supply chain to source clean energy for the production of Apple products, and investments in renewable energy to address the climate impact of the use of its products.

Mainstreaming Standardized Sustainability Reporting: Comparing Fortune 50 Corporations’ and U.S. News & World Report’s Top 50 Global Universities’ Sustainability Reports

Hamilton SN, Waters RD (2022). “Mainstreaming Standardized Sustainability Reporting: Comparing Fortune 50 Corporations’ and U.S. News & World Report’s Top 50 Global Universities’ Sustainability Reports.” Sustainability 14(6): 3442. https://doi.org/10.3390/su14063442

Abstract: Research has shown that sustainability reporting can positively influence organizational accountability and transparency. However, little research has been done to compare how sectors present their sustainability efforts. This research uses content analysis to examine how the two sectors leading reporting efforts detail their work. Specifically, sustainability reports published in 2020 were sought from the Fortune 50 and the top 50 institutions from U.S. News & World Report (USNWR)’s Best Global University rankings to examine compliance with the standard reporting frameworks and how the United Nations Sustainable Development Goals were presented. Results suggest Fortune 500 companies and educational institutions did not report sustainability in the same fashion, nor did either grouping follow a standardized reporting framework. For-profit corporations were more likely to publish a stand-alone sustainability report and more likely to address more of the United Nations’ Sustainable Development Goals.

Private report shows how Amazon drastically undercounts its carbon footprint

Read the full story at Reveal.

Over the past two decades, under pressure from investors and activists, thousands of companies have agreed to disclose their carbon footprints to a nonprofit organization named CDP (originally known as the Carbon Disclosure Project). 

Amazon had been shamed with an F grade for failing to disclose until this past year, when it submitted to CDP’s questionnaire for the first time. But unlike the majority of companies pressured by investors to disclose, Amazon asked that its report not be shared publicly. 

Reveal from The Center for Investigative Reporting obtained Amazon’s report, and the detailed accounting within illuminates how such a massive company manages to boast such a small carbon footprint. 

The report also highlights the pitfalls of relying on self-disclosures and voluntary commitments from companies that have a vested interest in underestimating their own accountability. Amazon has positioned itself as a climate change leader, promoting a “Climate Pledge” to zero out emissions by 2040. But by not counting all of its emissions, it isn’t on the hook for cutting them. 

What constitutes sustainable activity? EU Taxonomy has compliance lost in shades of green

Read the full story from Corporate Compliance Insights.

What constitutes ‘sustainable activity’? What does not? And what does it take to achieve compliance with the EU Taxonomy for Sustainable Activities? These are the questions that put European and international compliance officers in the ESG weeds.

How smaller companies can catch up on sustainability reporting

Read the full story in GreenBiz.

How can companies — especially smaller firms, which may be new to sustainability disclosure — focus their sustainability reporting on needle-moving issues while also satisfying stakeholder requests for broader disclosures as well?

Convergence in sustainability reporting: The fog is lifting

Read the full story at ESG Today.

Back in February, we shared our observations and predictions for where convergence in sustainability reporting standards and frameworks could be heading. Needless to say, 2021 has been quite the year for this topic–and it’s not over yet! Fresh off the heels of COP26 is perfect timing to share our analysis on the latest developments in convergence and where the fog is indeed lifting (and where it’s not quite yet).

Bob Eccles and Jean Rogers on ISSB and the future of ESG reporting

Read the full story at GreenBiz.

Whatever your take was on COP26, a key takeaway at the intersection of capital markets and climate was the formation of the International Sustainability Standards Board (ISSB). During the initial days in Glasgow, the IFRS Foundation announced the formation of the new board, an organization meant to develop a global baseline of sustainability disclosures for financial markets…

So what does the formation of the ISSB mean for the evolution and efficacy of ESG reporting? To answer that, I checked in with those who I thought would know better than most: Jean Rogers, founder of the Sustainability Accounting Standards Board (SASB) and, as of this month, global head of ESG at Blackstone; and Robert Eccles, founding chairman of SASB, professor of management practice at Oxford and a founder of the International Integrated Reporting Council (IIRC).

Del Monte Foods begins trials on two new plant-based plastic alternatives

Read the full story from Environment + Energy Leader.

Del Monte Foods has published its fiscal year 2021 Sustainability Report, highlighting, among other goals and commitments, trials on two new plant-based plastic alternatives for packaging.

ESG reporting and performance study shows high ambition and growing maturity

Read the full story at ESG Today.

No longer an afterthought, Environmental, Social and Governance (ESG) metrics have moved from the margins to the mainstream.

Envizi recently conducted a study to take a pulse on how ESG reporting and performance is being tackled. We culled the 150 responses down to 96 respondents with roles in sustainability, ESG, finance and procurement, and the C-suite.  The respondents represented a wide range of industries including manufacturing, commercial property and financial services.