Aneet Kumar, Author at EcoActive ESG

Aneet Kumar

117 articles published

A Deep Dive into ESG Risk Matrix Assessment: Essential Insights

BlogsJune 21, 20241KViews 0Likes 0Comments

ESG (Environmental, Social, and Governance) risk management can be found in the dictionary under 'S' for sustainable. It requires being able to recognize, evaluate and take care of those risks that could influence a company's environmental standing as well as its social responsibility and governance framework. At the center of this process is one important…

Historic $10 Billion California Climate Resilience Bond Proposal Aims to Protect Vulnerable Communities from Climate Change

NewsJune 18, 2024201Views 0Likes 0Comments

A landmark $10 billion climate resilience bond is proposed for California’s November 2024 ballot, aiming to become the largest voter-approved climate investment in U.S. history. The bond focuses on protecting the state's most vulnerable communities and natural resources from the impacts of climate change. With support from over 180 organizations, the initiative promises comprehensive solutions,…

Understanding Materiality Issues: A Key to Effective ESG Reporting

BlogsJune 18, 2024670Views 0Likes 0Comments

Materiality is a concept that comes to ESG through its own channels. It is about finding problems important for both sides, the company and those who have a stake in it. These problems can affect the firm’s financial situation and make losses for it; they can also spoil the company's reputation and deprive her place…

Enhancing Transparency: The Interoperability of ISSB Standards with the ESRS and GRI

BlogsJune 11, 2024460Views 0Likes 0Comments

Sustainability reporting should be transparent because it is important for several reasons. The first of these is that it allows building trust among stakeholders— investors, customers, employees, and regulators — by providing honest and clear information about the practices of a company in the areas of environment, society, and governance (ESG). When stakeholder decision-making is…

Vietnam Electricity (EVN) Eyes Greener Power Sources But Has to Rely on Coal to Avoid Blackouts

NewsJune 11, 2024216Views 0Likes 0Comments

Vietnam Electricity (EVN) is advancing its integration of renewable energy sources, with solar and wind now making up 12% of its energy mix. Despite these efforts, the utility still heavily relies on coal to prevent blackouts and ensure a stable electricity supply. In May 2024, EVN produced 21.05 billion kWh, predominantly from coal-fired plants, to…

Decathlon’s ‘No Tent Left Behind’ Campaign Promotes Sustainability at Festivals

NewsJune 7, 2024209Views 0Likes 0Comments

This festival season, Decathlon is launching an innovative initiative aimed at reducing waste and promoting sustainable festival experiences. The “No Tent Left Behind” campaign showcases the complete range of Quechua MH100 tents, encouraging festival-goers to engage in responsible outdoor activities while earning rewards for their contributions. A Commitment to Sustainability The “No Tent Left Behind” campaign, endorsed…

UN Honors Sir David Attenborough as “Champion of the Earth’ on World Environment Day”

NewsJune 7, 2024239Views 0Likes 0Comments

On World Environment Day, June 5, we reflect on the extraordinary career of Sir David Attenborough, who, beginning in the 1950s, evolved from a zoologist into a leading climate advocate, earning the UN’s highest environmental accolade. “We must recognize that we are all citizens of one planet, or we won’t solve its problems,” Attenborough stated in…

ISSB’s Growing Influence: A Deep Dive into Global Adoption Trends

BlogsJune 6, 2024391Views 0Likes 0Comments

The International Sustainability Standards Board (ISSB) is important in the global sustainability community. To establish a standardized approach to sustainability-related disclosures that is universally applicable and consistent, the ISSB was founded to furnish organizations with transparent, consistent, and comparable standards. This endeavor is of the utmost importance in promoting accountability and transparency in corporate sustainability, allowing stakeholders to make…

Preparing for TNFD: How Companies Can Tackle Deforestation and Biodiversity Loss

BlogsJune 4, 2024396Views 0Likes 0Comments

The Taskforce on Nature-related Financial Disclosures (TNFD) is a critical framework for businesses in an era where environmental sustainability is no longer a choice but a necessity. The TNFD intends to offer a comprehensive framework for organizations to understand and mitigate their environmental effects, with a particular emphasis on biodiversity loss and deforestation. This framework…

China Targets Unified Corporate Sustainability Disclosure Standard by 2030

NewsMay 31, 2024211Views 0Likes 0Comments

China's Ministry of Finance has announced a draft guideline to unify corporate sustainability disclosures, aiming to establish a nationwide standard by 2030. This move aligns with the global emphasis on Environmental, Social, and Governance (ESG) issues and aims to enhance the international competitiveness of Chinese companies. Currently, corporate sustainability disclosures in China are voluntary and…

Study Reveals Nearly Half of Eco-Named Funds May Violate New EU Regulations, Clarity AI Finds

NewsMay 31, 2024202Views 0Likes 0Comments

A recent Clarity AI study suggests that 44% of funds using environmental and impact terms may need to change their names or divest assets to comply with new EU regulations. The research reveals that these funds are invested in assets breaching the Paris-aligned benchmark (PaB) exclusionary criteria, which disallows investments in sectors such as controversial…

A Step-by-Step Guide to Improving Your Company’s ESG Ratings

BlogsMay 30, 2024618Views 0Likes 0Comments

Achieving high ESG (Environmental, Social, Governance) ratings is not merely a compliance requirement but a strategic imperative for modern businesses. Strong ESG performance not only bolsters a company's reputation but also contributes to long-term financial success by attracting investors, customers, and top talent. In an era where sustainable and ethical business practices are increasingly prioritized,…