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Here's why companies should assess double materiality

GreenBiz

After years of debate over the definition of materiality, 2020 has brought a consensus that materiality is double — meaning that businesses should report on financially material topics that influence enterprise value as well as topics material to the economy, environment and people. This is covered by the SASB definition of materiality.

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Nestlé and Microsoft on financing circular innovations

GreenBiz

If we're going to make sure that we're using more recycled content, if we're going to ensure that we're going to reduce carbon emissions, then we need to be tracking that. Its broader sustainability targets include getting to net-zero carbon emissions by 2050. . said Anna Marciano, head of U.S. legal sustainability at Nestlé USA. "If

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Demystifying the ?Absolute Zero? concept

GreenBiz

The nuances of all the various adjectives and descriptors that are used to describe climate action — from "science-based" to "net zero" to "carbon negative" — are enough to make heads spin, especially for those who spend their professional lives worrying about how to communicate these concepts. Offsetting versus insetting.

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To make offices safe during COVID-19, buildings need a breath of fresh air

GreenBiz

The data seems to indicate that infections occur in dense inside areas with shared airspace, compounded by recirculating that air — the definition of a modern office building. . These denser, more shared office buildings were considered more sustainable because they used less energy and contained more people on a smaller carbon footprint.

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Sustainable investing is changing global supply chains: 4 key takeaways

GreenBiz

I participated in a recent industry summit organized by Cathay Financial Holdings, where senior executives met with high-level government officials and scholars to discuss the latest trends. Negative/exclusionary screening (44.6 percent), ESG integration (32 percent) and sustainability-themed investing (13.4 Conclusion.

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Study: The public is pretty confused by your climate change jargon

Grist

Some of the most difficult-to-understand words were mitigation , referring to efforts to reduce emissions to slow down climate change, and carbon-neutral , when there’s no net increase in the amount of carbon dioxide in the air. Only 15 percent of those interviewed in the study mentioned climate change in their initial definition.

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ESG and Sustainability: Your 101 Guide for Understanding Corporate Sustainability

Green Business Bureau

The current definition of corporate sustainability in the Oxford English Dictionary is: “The property of being environmentally sustainable; the degree to which a process or enterprise is able to be maintained or continued while avoiding the long-term depletion of natural resources.” – Oxford , How sustainable is sustainability?