Afleveringen
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This week, our team breaks down the Supreme Court’s decision that redefined how federal agencies interpret environmental laws, emphasizing Chevron’s deference.
This legal principle, which requires courts to defer to agency interpretations of ambiguous statutes, has sparked debates over regulatory stability and clarity, particularly in light of challenges like Ohio v EPA. The decision underscores ongoing tensions between judicial oversight and agency expertise in shaping future environmental regulations.
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–We’re thrilled to announce that Sustain.Life has been acquired by Workiva, the leading cloud platform for assured integrated reporting!
–The acquisition paves the way for the launch of Workiva Carbon, a groundbreaking platform designed to streamline the measurement, management, and reporting of carbon emissions. Sustain.Life, which is now part of Workiva Carbon, is poised to revolutionize how companies approach sustainability reporting and carbon management.
https://www.workiva.com/solutions/carbon-management
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Zijn er afleveringen die ontbreken?
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Green hydrogen in Europe: TotalEnergies and Air Products have formed a 15-year partnership to supply green hydrogen to TotalEnergies' European refineries, aiming to reduce CO2 emissions by approximately 5 million tonnes annually by 2030, highlighting a significant step in Europe's clean energy transition.
Rise of solar power in the U.S.: Solar energy is rapidly expanding, with installations increasing fivefold since 2016. The U.S. aims to boost solar capacity to meet 100% clean electricity by 2035, despite challenges like improving storage technology, streamlining permitting processes, and overcoming fossil fuel industry opposition.
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We have a special episode for you this week. With the release of the 2024 CDP questionnaire, we thought it would be helpful to share an abbreviated version of a recent webinar to help you prepare for your 2024 submission.
The 2024 CDP questionnaire has arrived, and reporting season is underway. This year's updates include integrating climate, water, and forest disclosures into a single document, simplifying data submission, and enhancing report quality. It features dedicated sections for SMEs and aligns with global standards like TNFD and CSRD, ensuring compliance and investor confidence. New topics cover biodiversity and plastics, and the Activity Classification System tailors questions to specific business models. For a successful submission, organizations should start early, collect high-quality data, engage internally, and align responses with sustainability goals.
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Last year, the global average person experienced 26 more days of abnormally high heat due to climate change, significantly impacting vulnerable populations and prompting cities to adopt heat action plans despite the unreliable relief from natural climate patterns like La Niña. Additionally, increased flight turbulence incidents, rising 15% this year, are linked to climate change-altering jet streams. These challenges highlight the need for advanced prediction models, updated air travel safety policies, and better preparedness for evolving aviation risks.
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California’s recent budget approval to fund the implementation of SB climate package bills signifies a monumental stride in climate accountability. With $22 million allocated, California must enforce legislation like SB 253 and SB 261, solidifying its position as a leader in environmental regulation. Spearheaded by organizations like Ceres, this funding ensures transparent climate disclosures, empowering companies and investors to navigate climate risks and opportunities with clarity and confidence.
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This week:
We sat down with AArete, who supports higher education institutions in leveraging data to enhance sustainability and profitability. Universities face unique challenges due to their non-profit status, focusing on long-term impact rather than short-term financial returns. Effective procurement strategies involve choosing suppliers committed to achieving net-zero emissions and implementing automated data collection, which is essential for simplifying reporting and implementing actionable climate strategies.
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This week:
– The interoperability guidance released by ESRS and ISSB standards, aiming to streamline reporting efforts across different sustainability reporting frameworks.
– The release of the new CDP's 2024 reporting questionnaire, highlighting its alignment with various reporting standards and frameworks such as TCFD, TNFD, SEC's climate disclosure rule, and EU's ESRS, along with the support provided by Sustained Life as an accredited solution provider.
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The U.S. and E.U. are taking decisive regulatory steps towards decarbonization, emphasizing cleaner energy and tighter pollution controls. In the U.S., the EPA’s new power plant regulations prioritize environmental safeguards, while the E.U.’s Net Zero Industry Act promotes decarbonization technologies and competitiveness. Despite challenges, both regions showcase determination and innovation in driving global climate action.
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A recent study predicts a $38 trillion annual loss by 2049 due to climate change, disproportionately affecting poorer nations and regions like the southeastern United States and southern Europe. Meanwhile, legal scholars are proposing to hold oil companies accountable for climate-related deaths, akin to past cases against tobacco companies. These discussions highlight the urgent need for collective action to address economic forecasts and legal accountability in combating climate change.
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Today is Earth Day, and with this special episode, we sat down with Ali Cammisa, senior director of sustainability at CRG Restaurant Group. CRG’s commitment to integrating sustainable practices, like composting programs, reflects a broader movement within the restaurant industry. Through storytelling and accessible communication, CRG aims to engage both customers and executives in their journey towards environmental stewardship, exemplifying the evolving significance of Earth Day beyond an annual event.
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The Week in Sustainability
April 8–12, 2024
This week:
Our team dived into three crucial sustainability topics:
–The influence of financed emissions on businesses
–The importance of external assurance in emissions reporting
–The grid challenges brought on by a recent solar eclipse
This eclipse resulted in a significant drop in solar energy generation, forcing grid operators to increase their reliance on fossil fuels to maintain energy balance.
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In this episode of The Week in Sustainability, we chat with Gehry Oatey, manager of ESG data and analytics at leading plumbing manufacturer Oatey. We cover the often-daunting challenges surrounding scope 3 emissions—indirect emissions that occur across a company’s entire value chain, including its suppliers and customers.
The Oatey’s experience serves as a valuable roadmap, not just for the plumbing industry, but for any organization looking to navigate scope 3 complexities and create a more sustainable supply chain.
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As we continue to unpack the U.S. Securities and Exchange Commission’s (SEC) final Climate Disclosure rule, we look to bring you interesting expert perspectives. This week, we’re joined by special guest Mallory Thomas, a risk advisory partner at Baker Tilly, a leading advisory CPA firm, who brings additional perspective for companies looking to get an overview of what it will take to comply with the SEC rules.
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–We discuss the release of the IEA 2023 report, highlighting the modest success in curbing CO2 emissions through clean energy growth despite challenges posed by weather patterns and the pandemic. The report emphasizes record emissions decline in advanced economies driven by clean energy technologies. Still, it warns of the persistent rise in global emissions, mainly from coal combustion in emerging economies. The report stresses the need for global proactive policy interventions and technological advancements to address the interconnected emissions issue and urges collective action to achieve sustainable goals.
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As predicted, the U.S. Securities and Exchange Commission approved the long-awaited climate disclosure rule this week. The impact? Now, thousands of public companies will be required to disclose material scope 1 and 2 emissions. The disclosure law marks a significant milestone in corporate climate reporting, driving the imperative for strategic alignment and comprehensive risk management.
In this episode of The Week in Sustainability, we welcome Christopher McClure a partner and ESG services leader for Crowe LLP, a leading public accounting, consulting, and technology firm.
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– Our team sat down with MERZ Aesthetics to discuss learnings from Global ESG Project Manager Molly Bonas, who spearheaded the company's Environmental, Social, and Governance (ESG) baseline inventory. During this discussion, she unveils challenges and insights crucial for a successful sustainability strategy, including stakeholder engagement, data collection, system integration, and collaborating with the right technology solution provider.
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