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Understanding the Alignment: Sustainability Reporting Standards, ESG, and the Role of ISSB

In today’s rapidly changing world, sustainability has become a critical focus for businesses across industries. As companies strive to integrate sustainability into their operations, they encounter various sustainability reporting standards and frameworks. Additionally, the rise of Environmental, Social, and Governance (ESG) considerations has further emphasized the need for standardized reporting practices. In this article, we […]

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A BRIEF INSIGHT INTO SETTING UP THE RIGHT SYSTEM FOR MANAGING SUSTAINABILITY DATA

Congratulations. You have decided to embark on your sustainability journey. You have drafted your policies, and you have your sustainability strategy. Fantastic! Like every endeavor, there will be some wins and some challenges. Indeed, for any system, there is always room for improvement. One fundamental thing about undertaking any improvement activity is the need for […]

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SUSTAINABILITY TRENDS AND NEWS AROUND THE WORLD

UN Global Compact Launches New Business Guidance on Sustainable Infrastructure In Beijing, the UN Global Compact introduced guidance and assessment tools for advancing sustainable infrastructure within the Belt and Road Initiative (BRI), involving government, business, and academic leaders. These tools underscore the vital role of businesses in propelling economic growth and ensuring that infrastructure projects […]

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AN OVERVIEW OF SUSTAINABILITY REPORTING

Traditionally, corporate organizations provide statutory financial disclosures and annual reports to their shareholders. For a shareholder, the AGM is the reporting card of the organization, and they get to see the performance and how much they will receive as dividends. Today, we are in the era of non-financial disclosures. More often than not, organizations exact […]

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Not in my Backyard (NIMBY): A Valid Excuse or Beautiful Nonsense

Today, if the FGN decided to establish a nuclear plant close to your area, would that be okay with you? Probably not, that is the concept of NIMBY. According to Britannica, Nimby is a phrase used to denote opposition to the location of something considered undesirable in one’s neighborhood. The phrase is very commonly used […]

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CIRCULAR ECONOMY: BEYOND RECYCLING

Economics teaches us that resources are limited and that meeting every need and want may be impossible. Using the same construct, natural resources are often not inexhaustible. To put it in context, the timeline for replenishment is not within the human timeline. So, if we are to exhaust those resources, the next generation and even […]

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