With climate impacts continuing to have real implications on organizations and as climate reporting pressure from investors increases, having a climate strategy in place has become essential. On Tuesday 24 May from 15:00 – 16:00, CEST Finch & Beak will host an ESG Acceleration webinar on TCFD to discuss how the recommendations from the Task Force for Climate-related Financial Disclosures (TCFD), can be used as a helpful alignment tool for organizations to better understand their climate-related risks and opportunities.
More than a quarter of the world’s 2,000 largest publicly-traded companies have committed to a net-zero strategy, but do all of these companies have clear action plans in place to deliver on them? Finch & Beak’s forthcoming benchmark study on the European insurance industry dives deeper into how this sector is moving towards decarbonization. A preview of this work will be shared during the upcoming ESG Acceleration Webinar on Tuesday 1 March. The webinar also features a real-life case from Storebrand – the Nordic long-term savings and insurance company that is working to have net-zero greenhouse gas emissions across its investment portfolios by 2050.
During this webinar, we considered how corporates can prepare for the transition to a 1.5-degree world. The insurance industry served as an example with real-life cases on climate risk mitigation and adaptation. Guest speaker Marcus Bruns, Nordic Head of Sustainability at Storebrand, presented the company's climate strategy and how Storebrand is working to have net-zero greenhouse gas emissions across its investment portfolios by 2050.
CDP has announced companies’ scores to the 2021 assessments will be published on Tuesday the 7th of December 2021. On this day, the not-for-profit organization will also publish its annual A List, showcasing the companies that are leading on environmental transparency and action, based on their annual disclosure through CDP’s climate change, forests and water security questionnaires.
Taking place in Glasgow from 31 October until 12 November, the COP26 summit brings together global leaders to discuss and agree on ways to accelerate action towards achieving the Paris Agreement and the UN Framework Convention on Climate Change. Ahead of the COP26, close to a thousand businesses committed to setting a net zero target in line with limiting global warming to 1.5ºC above pre-industrial levels.
At Finch & Beak, we are always curious about the sustainable developments taking place in the cities that we work in, and Rotterdam is one of them. In 2016, a shocking 20% of the national CO2 emissions of the Netherlands was accounted for by the port of Rotterdam. Time to take action: between the period 2016-2020, the port of Rotterdam managed to reduce its CO2 emissions by 27% to 22.4 million tons. A noteworthy reduction that can be explained by the switch to more renewable energy sources and the exploitation of waste-to-value opportunities. The port of Rotterdam is making an impact through discovering the benefits of the circular economy.
With the rise of sustainability, reverse logistics is one of the next frontiers for retailers and manufacturers around the globe. In a 100% circular economy, the return flow is equal to the volume of the original transaction. According to Optoro, a UPS-backed service provider focused on eliminating waste from returns, the retail industry is far from achieving such circularity. In its Retailer Sustainability Research on 128 prominent U.S. and global retailers, the company found that less than 1/4 of the retailers analyzed were implementing programs and adopting initiatives to advance the circular economy and only 30% of retailers implemented product take-back or recycling programs for consumers.
In a time where thousands of young (and slightly less young) people are following the lead of 17-year old Nobel nominee Greta Thunberg by marching the streets in cities all over the world, climate change might be higher on the societal agenda than ever before. Corporate climate action is definitely not a new thing – but today, even companies in traditionally less carbon-intensive sectors must also raise the bar committing to concrete targets to reduce their carbon footprint and contribute to the goals in the Paris Agreement. In this article, we propose a straight-forward 5-step approach to start building a pragmatic climate approach.
With the Globalization 4.0 themed WEF 2019 in Davos underway, the challenge of climate change has once again gained importance with sustainability leaders sharing their insights and concerns. And the clock is ticking faster than before; in October 2018 The Intergovernmental Panel on Climate Change (IPCC) published a special report on the Impacts of Global Warming at 1.5°C, stating that the world only has 12 years to act if major negative impacts from climate change are to be avoided. To achieve this objective, more direction and speed is needed.
The newly created World Ports Sustainability Program (WPSP) will be launched on March 22 and 23, 2018 in the Port of Antwerp, Belgium. Ports are critical points in the global supply chain and play a crucial role in working to improve the sustainable performance of the supply chain on a local as well as on the global scale. The WPSP will bring together the international ports community in order to contribute to a sustainable future.