Aneet Kumar, Author at EcoActive ESG

Aneet Kumar

117 articles published

Understanding ESG Benchmarking: A Guide for Businesses

BlogsJuly 9, 2024811Views 0Likes 0Comments

Sustainability plays a key role in shaping the strategic directions and operational ways in today's world of business. The change is led by increased stakeholder, regulatory and environmental issues because of this global and social challenges which need to be taken care of urgently. For businesses, adopting sustainability means not just corporate responsibility but an…

The Role of ESG Regulations in Sustainable Finance

BlogsJuly 5, 2024545Views 0Likes 0Comments

Environmental, social, and governance (ESG) regulations are sets of rules that ensure corporations act responsibly and sustainably. These rules address several issues: environmental protection, social responsibility, and corporate governance. The significance of these regulations is their capacity to direct corporate actions towards more environmentally sustainable and ethical practices— thus in return, ensuring a positive impact…

Understanding ESG KPIs: Key Performance Indicators for Sustainable Success

BlogsJuly 3, 20243KViews 0Likes 0Comments

A new report recently published indicates that up to 88% of investors are prioritizing ESG performance in companies before making any investment decisions. This significant shift underscores the looming significance of ESG (Environmental, Social, Governance) criteria in the sphere of corporates: as most businesses try to live up to stakeholder expectations for sustainability, ESG Key…

Understanding ESG Risk Management: A Comprehensive Guide

BlogsJuly 1, 2024900Views 0Likes 0Comments

ESG (Environmental, Social, and Governance): a triumvirate of letters that has gained considerable ground in the modern business world. It underscores the value of walking on the paths of sustainability and ethics. ESG provides a different dimension for investors who are trying to judge a company's performance over the long haul and its impact on…

IFRS Foundation and IFC Announce Partnership to Improve Sustainability Reporting in Emerging Markets

NewsJuly 1, 2024342Views 0Likes 0Comments

The International Finance Corporation (IFC) and the IFRS Foundation have entered into a strategic partnership to strengthen sustainable capital markets by enhancing sustainability and climate reporting in emerging markets and developing economies (EMDEs). Announced during London Climate Action Week, this collaboration represents a significant step towards standardized and transparent reporting practices. “Today marks a pivotal moment…

Canada Releases New Corporate Greenwashing Regulation into Law

NewsJune 27, 2024347Views 0Likes 0Comments

Canada has amended the Competition Act to combat greenwashing, imposing strict requirements for businesses to substantiate their environmental claims. Effective June 20, these regulations introduce significant penalties for non-compliance, including hefty fines and private litigation starting in June 2025. Companies must urgently review their environmental claims and implement robust compliance programs to mitigate risks. This…

Denmark Becomes First-Ever to Impose CO2 Emissions Tax on Agriculture

NewsJune 27, 2024384Views 0Likes 0Comments

In a historic move, Denmark is set to introduce the world’s first CO2 tax on agricultural emissions, specifically targeting livestock. This landmark policy, achieved through broad agreement among farmers, industry, and environmental groups, aims to significantly reduce greenhouse gas emissions. The tax, beginning in 2030, will gradually increase by 2035, with revenues dedicated to supporting…

Maersk Inaugurates First Low GHG Emissions Warehouse in Denmark

NewsJune 27, 2024394Views 0Likes 0Comments

Maersk has celebrated the launch of its first low greenhouse gas emission warehouse in Taulov Dry Port, Denmark. This groundbreaking facility, constructed in less than two years, represents a significant step towards Maersk’s goal of achieving net-zero CO2 emissions by 2040. Built to BREEAM Excellent standards, the warehouse features zero direct emissions, electrified equipment, solar…

Understanding Sustainability Reporting Standards: A Comprehensive Guide

BlogsJune 27, 2024572Views 0Likes 0Comments

The rise in the importance of sustainability reporting is largely due to this: businesses and stakeholders acknowledging the need for transparent plus accountable ESG practices. This shift mirrors an awakening awareness of the reverberations that corporate activities have on our ecology and societies — a call for sustainable development. Sustainability reporting standards help companies follow certain…

ECB Reports Significant Reduction in Carbon Emissions from Monetary Policy Portfolios and Expands Climate Disclosures

NewsJune 26, 2024336Views 0Likes 0Comments

The European Central Bank (ECB) has unveiled its second set of climate-related financial disclosures, revealing a noteworthy decline in carbon emissions from its monetary policy portfolios. Key drivers include the Eurosystem's tilting framework and issuers' improved carbon efficiency, with one-fifth of reductions attributed to reinvestments favoring better climate performers. Expanded disclosures now encompass 99.7% of…

Carbon Accounting 101: The Essentials for Modern Businesses

BlogsJune 25, 2024567Views 0Likes 0Comments

Sustainability is now more than ever, a crucial aspect of the corporate sphere as environmental consciousness takes root, and regulatory pressures grow larger. Carbon accounting appears in this light as one of the most important tools; it enables businesses to quantify, control, and decrease their greenhouse gas emissions by measuring them firsthand. Through an organized…

ISSB Advances Sustainability Disclosure Harmonisation with New Work Plan and Strategic Partnerships

NewsJune 25, 2024384Views 0Likes 0Comments

The International Sustainability Standards Board (ISSB) has announced significant strides in harmonizing sustainability disclosure through strategic partnerships and a new two-year work plan. Key collaborations include the Transition Plan Taskforce, GHG Protocol, CDP, Taskforce on Nature-related Financial Disclosures, and Global Reporting Initiative. These efforts aim to streamline sustainability reporting, ensuring investors receive high-quality, comparable information.…