If you're short on time here's the recap:
1. Sustainable investing becomes the standard.
2. Circular economy grows significantly.
3. Managers struggle with sustainability management.
4. Sustainability will be the main driver of innovation.
Interesting confluence point developing between #IFRS and #ESG reporting which makes sense from an investor point of view.
It should standardise the reporting and make it somewhat easier to assure from an audit perspective. All will be revealed - June 2023 isn't far away
#esgreporting #esg #esginvesting
https://lnkd.in/ejsQfH4g?
IFRS Chair: Global Sustainability and Climate Reporting Standards to be Released in June - ESG Today
As an ESG Technologist and Consultant, I often get asked what is the difference between a Net Zero Programme and a ESG programme. In this post, I will explain the key distinctions and why both are essential for any forward-thinking company.
A Net Zero Programme is a sustainability initiative that aims to reduce greenhouse gas emissions to zero or below by a certain date. This can be done by implementing various measures such as energy efficiency, renewable energy, carbon capture and storage, offsetting and sequestration. A Net Zero Programme shows a company’s commitment to tackling climate change and enhancing its resilience.
A ESG programme is a broader term that covers not only environmental aspects, but also social and governance ones. A ESG programme can address a range of topics such as biodiversity, human rights, health and safety, diversity and inclusion, anti-corruption, product stewardship and supply chain management. A ESG programme creates value for the company and its stakeholders by improving its reputation, performance, risk management and innovation.
The main difference between a Net Zero Programme and a ESG programme is the scope and focus of the sustainability efforts. A Net Zero Programme is more specific and targeted towards achieving carbon neutrality, while a ESG programme is more comprehensive and holistic in addressing various sustainability issues. Both programmes are important and complementary in creating a more resilient and sustainable way of doing business.
If you are interested in learning more about how to implement a Net Zero Programme or an ESG programme for your company, feel free to contact me. I would love to hear from you and share my insights and experience.
Having travelled extensively in SE Asia including Australia, Environmental, social, and governance (ESG) issues are increasingly important to businesses and investors. In SE Asia, ESG is becoming a top priority for businesses as they seek to meet the growing demands of consumers and investors.
However, there is a looming crisis in ESG talent shortage across the APAC region. A recent survey by DHR Global found that Asia-Pacific is at a nascent stage, with a major gap of experienced ESG talent when compared with the US and Europe.
The World Economic Forum's Future of Jobs Report predicts that there will be a global shortage of 85 million skilled workers by 2030. The report also predicts that the demand for ESG skills will grow by 30% over the next five years.
The challenges of ESG skills shortages in SE Asia are significant. The region lacks qualified ESG professionals, the cost of training ESG professionals is high, and there is a lack of government support for ESG initiatives.
There are not enough ESG professionals in SE Asia to meet the growing demand for ESG skills. This is due to a number of factors, including the fact that ESG is a relatively new field, and there are not enough universities and colleges offering ESG programs.
ESG training is expensive, and many businesses in SE Asia cannot afford to train their employees on ESG issues. This is a major barrier to businesses that are trying to meet the growing demands of consumers and investors.
The lack of government support for ESG initiatives.
Governments in SE Asia are not doing enough to support ESG initiatives. This is a major barrier to businesses that are trying to address ESG issues.
What can be done to address the challenges?
The challenges of ESG skills shortages in SE Asia are significant. These challenges are making it difficult for businesses in the region to meet the growing demands of consumers and investors. There are a number of things that can be done to address the challenges of ESG skills shortages in SE Asia. These include:
- Increasing the number of universities and colleges offering ESG programs.
- Making ESG training more affordable. A number of Training organisations we partner with are investing heavily in ESG course development. #training #jobs #investing
- Increasing government support for ESG initiatives.
By taking these steps, we can help to address the challenges of ESG skills shortages in SE Asia and help businesses in the region to meet the growing demands of consumers and investors.
The future of ESG in SE Asia is bright. The region is home to a growing number of businesses that are committed to ESG. As the demand for ESG skills continues to grow, SE Asia is well-positioned to become a global leader in ESG.
By taking the steps outlined above, SE Asia can address the challenges of ESG skills shortages and become a global leader in ESG.
