Category: Measurement

Industry’s first carbon label: Foodsteps helps restaurants and food businesses quantify CO2 impact

Read the full story at Food Ingredients First.

Foodsteps, a food-tech start-up established by Cambridge University scientists and alumni, has formally launched in the UK. It’s the first British tech firm to provide carbon tracking and impact labeling to restaurants, caterers and food businesses. This initiative helps companies calculate, reduce and label the environmental impact of their food.

NTAM launches ESG scoring tool providing material, forward-looking company ESG view

Read the full story at ESG Today.

Global investment manager Northern Trust Asset Management (NTAM) announced today the launch of the Northern Trust ESG Vector Score, a new tool designed to determine the magnitude and direction of ESG risks for companies, aimed at assessing companies.

According to NTAM, the new tool provides a consistent, transparent methodology to gain greater clarity into the financial impact of sustainability on companies, in order to build and manage sustainable portfolios.

GRI’s Business Leadership Forum offers opportunities for stakeholder collaboration

A new forum will leverage the power of corporate reporting to drive action towards accomplishing the Sustainable Development Goals (SDGs), by facilitating dialogue and collaboration between companies and their stakeholders.

The GRI Business Leadership Forum is built around a series of quarterly online sessions with representatives from key stakeholder groups – including investors, governments, regulators, supply chains, civil society and academia. GRI reporting organizations around the world can now sign up for this two-year program.

The forum, which will start in March 2021, includes:

  • A blend of expert guidance, peer learning and relationship building with multiple stakeholder groups
  • Practical support on identifying and understanding different stakeholder needs, in order to showcase the company’s commitment to the SDGs
  • Opportunities to demonstrate sustainability leadership, by contributing to a series of session summaries and masterclasses, as well as co-creating a final outcome report.

“To mobilize the efforts and resources required to deliver the SDGs, we need to do all we can to increase collaboration between businesses and other stakeholders. And as we consider how to achieve a sustainable and inclusive recovery to the pandemic, the urgency is all the more evident.

Our Business Leadership Forum will provide companies with practical insights that can raise the quality and strategic relevance of their SDG reporting. It also offers a unique opportunity for multi-stakeholder collaboration, unlocking better outcomes both from the business and sustainable development perspectives.”

Mirjam Groten, GRI’s Chief Business Development Officer

Find out more about the Corporate Reporting as a Driver to Achieving the SDGs, including eligibility, program schedule and fees. The forum builds on the Corporate Action Group for Reporting on the SDGs (delivered by GRI and UNGC), which is set to conclude at the end of 2020.

In October, GRI and Enel launched an engagement series exploring how partnerships and transparency can ensure action in support of the SDGs. Three regional events have taken place, which will inform a summit early next year.

GRI provides resources and guidance to help companies report their contribution towards the SDGs, as well as an SDG mapping service so that these contributions are accurately disclosed and understood.

Carbon Disclosure Project announces 2020 A List

CDP has announced its 2020 A List companies. The A List showcases the companies leading on environmental transparency and action, based on their annual disclosure through CDP’s climate change, forests and water security questionnaires. Thousands of companies disclose through CDP at the request of investors and corporate buyers.

View the list and company data on the CDP website.

Circular Transition Indicators (CTI)

Download the document and use the tool.

The momentum to step away from a take-make-waste economic model is growing and we see both the private and public sectors to begin setting ambitious circular targets. Transparency and alignment are critical to establishing a common language across industries and governments.

For this reason, together with 30 of our member companies we have developed a universal and transparent framework to measure circularity. The Circular Transition Indicators (CTI), now at its second edition, is a simple, objective and quantitative framework that can be applied to businesses of all industries, sizes, value chain positions and geographies.

Built by business, for business, CTI provides companies with a common language to use for internal decision-making and communicating to key stakeholders.

2020 Cornell Hotel Sustainability Benchmarking Index

CHSB is the hotel industry’s largest annual benchmarking of energy, water, and carbon, open to hotels and hotel companies of all sizes and published in a freely available index every year. It offers participants a peer-based reference for analyzing their hotels.

The 2020 Index contains data for 18000 hotels. They are currently accepting new participants for the 2021 report. Contact them to participate.

Measuring Stakeholder Capitalism: Towards Common Metrics and Consistent Reporting of Sustainable Value Creation

Download the document.

This work defines a core set of “Stakeholder Capitalism Metrics” (SCM) and disclosures that can be used by IBC members to align their mainstream reporting on performance against environmental, social and governance (ESG) indicators and track their contributions towards the SDGs on a consistent basis. The metrics are deliberately based on existing standards, with the near-term objectives of accelerating convergence among the leading private standard-setters and bringing greater comparability and consistency to the reporting of ESG disclosures.

Using Measurement Tools to Reduce Food Waste and Drive Prevention

Read the full story at Waste360.

The idea of tackling the nationwide problem of food waste can be overwhelming and has many people asking how they can help and what can they do? During the Waste360 Food Recovery Forum online on Tuesday, September 15, several industry experts were there to help provide some answers.

In the session, Advances in Wasted Food Policy and Practices; Using Measurement Tools to Reduce Food Waste and Drive Prevention, representatives from the Natural Resource Defense Council (NRDC), the U.S. Environmental Protection Agency (EPA), Leanpath, and Winnow all share different ways to measure food waste and increase prevention.

Patent awarded for new concept in fluid mass flow metering

Read the full story from Michigan State University.

U.S. patent no. 10,753,779 was awarded for a mass flow meter that measures mass fluid flow of liquids and gasses in real time—without any rotating parts, orifices, or pressure-related devices.

Webinar: Reporting and Pollution Prevention Calculators

August 19, 2020, 9 am CDT
Register here.

Reporting can be confusing if you are unsure of how to use the calculators and tools that are provided by the Environmental Protection Agency (EPA). This webinar will be breaking down the EPA’s Pollution Prevention Calculators and Tools to help us better understand how they work. Kathy Davey is one of the individuals that created these calculators and will be able to answer any questions that you may have regarding them.

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