ESG Sustainable Procurement News and Updates

"Sustainable Finance" News Archive

South Korea’s LG Electronics Raises $800 Million Global Sustainability Bond
Sustainable Supply Chains

South Korea’s LG Electronics Raises $800 Million Global Sustainability Bond

LG Electronics issued its first global bond in 17 years, raising USD 800 million with strong global institutional interest despite market volatility.
Lg GroupLg Group
|April 24th, 2024|11:14 AM
Decoding Double Materiality: Unveiling its Significance and Impact
Sustainability Governance

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
Cambrian Asset Management Announces Reopening of Systematic Bitcoin and Ethereum Trusts

Cambrian Asset Management Announces Reopening of Systematic Bitcoin and Ethereum Trusts

JP Morgan Chase Bank, N.A. and Sudrania Fund Services Corporation serve as fund administrators for the trusts.
CAMBRIAN SOLUTIONS, A MAROON GROUP COMPANYCAMBRIAN SOLUTIONS, A MAROON GROUP COMPANY
|March 17th, 2022|2:16 PM
SEC's Climate Disclosure Rule: Excluding Scope 3 Emissions and Industry Response
Sustainability Governance

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
Investor Pressure Drives Fashion Brands to Enhance Buying Practices
Sustainable Supply Chains

Investor Pressure Drives Fashion Brands to Enhance Buying Practices

Investors are pressuring fashion brands such as Burberry and Levi’s to improve their buying practices, driven by the recognition that sustainability is crucial for long-term financial success.
Editorial TeamEditorial Team
|May 17th, 2023|6:36 AM
Maximizing Circular Strategies to Decarbonize Scope 3 Greenhouse Gas Emissions
Sustainable Supply Chains

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
Enhancing Investor Relations: Understanding Double-Materiality Reporting
Sustainability Governance

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
How to Conduct Double-Materiality Assessments for EU CSRD Compliance
Sustainability Governance

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
Sustainability Governance

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
VF Closes a New $500 Million Bond to Support Sustainable Initiatives
Sustainability Governance

VF Closes a New $500 Million Bond to Support Sustainable Initiatives

Owner of Timberland and the North Face, the U.S. fashion retailer has just closed its second bond issue to support key sustainability initiatives that the company aims to achieve.
Editorial TeamEditorial Team
|March 10th, 2023|12:06 PM