ESG Sustainable Procurement News and Updates

"Sustainable Certification" News Archive

Better Cotton Introduces its New Chain of Custody Standard

Better Cotton Introduces its New Chain of Custody Standard

The newly introduced chain of custody standard by Better Cotton represents a major milestone in the ongoing efforts to create a more sustainable and transparent cotton supply chain.
Editorial TeamEditorial Team
|May 11th, 2023|12:08 PM
Aid by Trade Foundation Introduces the New Regenerative Cotton Standard

Aid by Trade Foundation Introduces the New Regenerative Cotton Standard

The Aid by Trade Foundation has introduced the Regenerative Cotton Standard (RCS), an innovative approach aimed at addressing challenges in the cotton and textile industry for the benefit of both textile companies and cotton farmers.
Editorial TeamEditorial Team
|November 7th, 2023|2:16 PM
A Deep Dive into the EU’s Groundbreaking Corporate Sustainability Reporting Directive

A Deep Dive into the EU’s Groundbreaking Corporate Sustainability Reporting Directive

The EU's adoption of the Global Reporting Initiative (GRI) template ensures smooth compatibility with the Corporate Sustainability Reporting Directive (CSRD), streamlining reporting processes and fostering harmonization, thereby addressing challenges arising from heightened reporting requirements.
Editorial TeamEditorial Team
|February 2nd, 2024|2:29 PM
How to Conduct Double-Materiality Assessments for EU CSRD Compliance

How to Conduct Double-Materiality Assessments for EU CSRD Compliance

Recent guidance from EFRAG aims to streamline a structured assessment process, echoing historical stakeholder engagement practices in assessing sustainability matters through a double-materiality lens.
Editorial TeamEditorial Team
|March 25th, 2024|5:50 PM
Examining the Pitfalls in CSRD-Aligned Double Materiality Assessments: A Guide for Companies

Examining the Pitfalls in CSRD-Aligned Double Materiality Assessments: A Guide for Companies

The CSRD will revolutionize sustainability reporting, aligning it with financial disclosures by requiring comprehensive ESG reporting, necessitating a substantial expansion in disclosure scope regardless of previous practices.
Editorial TeamEditorial Team
|March 26th, 2024|3:16 PM
The U.K.´s New Program to Revolutionize Textile Recycling and Reduce Waste

The U.K.´s New Program to Revolutionize Textile Recycling and Reduce Waste

England's 'Maximizing Resources, Minimising Waste' program aims to transform the textile industry through an extended producer responsibility scheme, product life extension, material diversion, and the promotion of a robust textile recycling industry.
Editorial TeamEditorial Team
|July 31st, 2023|2:54 PM
Decoding Double Materiality: Unveiling its Significance and Impact

Decoding Double Materiality: Unveiling its Significance and Impact

The evolving discussion on double materiality holds significant implications for accounting standards and finance, with the IFRS set to determine its direction before COP26, shaping the path towards a net-zero economy.
Editorial TeamEditorial Team
|March 11th, 2024|7:03 PM
Enhancing Investor Relations: Understanding Double-Materiality Reporting

Enhancing Investor Relations: Understanding Double-Materiality Reporting

Amidst the SEC's climate disclosure rule, Investor Relations Officers face heightened responsibility in managing reputation, ESG concerns, and financial communications to maintain stakeholder trust.
Editorial TeamEditorial Team
|March 12th, 2024|10:48 AM
SEC's Climate Disclosure Rule: Excluding Scope 3 Emissions and Industry Response

SEC's Climate Disclosure Rule: Excluding Scope 3 Emissions and Industry Response

The SEC has introduced new rules that aim to standardize climate-related disclosures, emphasizing Scope 1 and 2 greenhouse gas emissions.
Editorial TeamEditorial Team
|March 12th, 2024|12:44 PM
Maximizing Circular Strategies to Decarbonize Scope 3 Greenhouse Gas Emissions

Maximizing Circular Strategies to Decarbonize Scope 3 Greenhouse Gas Emissions

Mounting regulatory pressures and demand for science-based reduction targets are compelling businesses to prioritize managing Scope 3 emissions, despite challenges in measurement and reduction due to data limitations and operational complexities.
Editorial TeamEditorial Team
|March 13th, 2024|2:23 PM