COP29 Outcomes: Key Implications for ESG Practices
The 29th UN Climate Conference (COP29) in Baku, Azerbaijan, brought over 65,000 global stakeholders together to drive the global climate […]
The 29th UN Climate Conference (COP29) in Baku, Azerbaijan, brought over 65,000 global stakeholders together to drive the global climate […]
In today’s rapidly evolving business landscape, integrating Environmental, Social, and Governance (ESG) principles is no longer optional—it’s essential. Implementing ESG
The Paris 2024 Olympics have just wrapped up, setting ambitious goals to be the greenest Games in the recent history.
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COP28 in Dubai marked a historic shift in the global climate conversation, notably addressing the role of fossil fuels in climate change for the first time. We explore the key outcomes of COP28 and their implications for Canadian businesses, with a focus on the evolving landscape of ESG reporting and climate legislation.
In the wake of COP28 in Dubai, a clarion call for action on climate risks and capital impact has resonated across the globe. The conference underscored the urgent need for consistent, comparable climate-related disclosures at an international level. This backdrop sets the stage for the transformative rollout of the IFRS S1 and S2 standards, a response aligning with the global momentum for enhanced ESG reporting.
“If flexible finance is what it takes to scale innovation, then where is the “F” in the broader ESG movement?
The linear economy’s ‘take-make-dispose’ approach has led to escalating CO2 emissions, intricate global supply chains, and mismanaged waste. However, the winds of change are blowing. Governments are increasingly aligning with the United Nations Sustainable Development Goal 12: Responsible Consumption and Production, to promote a circular economy. Europe has been a frontrunner in the circular economy, placing stringent regulations like the Packaging Waste, and Batteries Directives that make producers responsible for financing collection, recycling, and end-of-life disposal of products. However, North America, particularly Canada, is still catching up.