News & Views

In an article from Edie, they agree with the findings from KPMG as reported by ESG Today (below) in that almost two-thirds of businesses preparing to report under the EU's Corporate Sustainability Reporting Directive have major challenges regarding data quality, as well as resources.

While 80% of companies believe the reporting process will further embed sustainability into the business, there is concern that sustainability remains 'siloed' and that the reporting requirements are not totally embraced. 

Read the Edie article HERE.

In a recent survey from KPMG, most large organisations acknowledge that they will soon be required to provide disclosures under one of several sustainability reporting systems over the next two years, however many are not sufficiently prepared to do so.  

Overall readiness is gradually improving, however challenges remain, the most significant being lack of internal resources.

Read about the survey HERE, as reported by ESG Today.

In September 2023, the Government committed to developing a First Nations Economic Partnership with the Coalition of Peaks and other organisations to focus on the strengths of Aboriginal and Torres Strait Islander people, communities and ACCOs, supporting job creation and translating their knowledge, assets, and rights into sustainable benefits.

During May and June 2024,The Coalition of Peaks want to hear about what would make the biggest difference to close the gap in economic development outcomes.

Find out more and see how you can contribute HERE

In 2024, CDP is making changes to their platform and questionnaire to ensure that data collected drives action.

To ensure CDP collects actionable data, they are scaling environmental data disclosure and strengthening their alignment with relevant frameworks and standards. This year they are combining the three existing questionnaires into one CDP Corporate Questionnaire, so that companies asked to respond across multiple environmental issues can do so in a single place, as well as encouraging a more holistic and balanced disclosure across different environmental issues. 

See the link to the CDP disclosures website HERE

“In the case of climate, we are not the dinosaurs. We are the meteor. We are not only in danger, we are the danger. But, we are also the solution.” - Antonio Guterres.

5 June was World Environment Day. 

Read the UN Secretary-General's special address on climate action "A Moment of Truth" [as delivered] HERE.

As reported by ESG Today, a recent survey from Deloitte has shown that Sustainability considerations figure highly in the M&A space. The survey suggests that more than 70% of these deals are being abandoned  and many say that they would be willing to pay more for deals with stronger ESG attributes.

See the ESG Today article HERE

The "1% for the Planet" program is a global movement where businesses and individuals commit to donating 1% of their annual sales or salary to environmental causes. Founded in 2002 by Patagonia’s Yvon Chouinard and Blue Ribbon Flies’ Craig Mathews, the initiative encourages sustainable giving.

Members contribute both funding and services directly to approved nonprofit partners focusing on key areas such as climate, food, land, pollution, water, and wildlife. The program aligns contributions with environmental impact and provides transparency and accountability by vetting nonprofits and tracking donations. Learn More HERE

The UN Global Compact Network UK’s SDG Showcase report explores all 17 SDGs, their significance for business success, example actions to contribute to Agenda 2030, and recommendations for SDG-aligned policy advocacy.

Find out how your company can unlock business benefits and advance the SDGs by downloading this free resource HERE

June is Workplace Giving Month and the theme for 2024's Workplace Giving Month is "Giving Stories".

Join Workplace Giving Australia to learn more about how to become involved and where to access this year's resources at the campaign discovery webinar.

Date: Wednesday 22 May REGISTER HERE

Sustainability teams are under growing pressure to deliver results, but often lack the necessary buy-in and collaboration across the organization. Join this webinar to discover key strategies to engage internal stakeholders effectively and understand the evolving role of Boards in ESG & Sustainability.

• Learn strategies to engage internal stakeholders
• Gain insights on the evolving role of the Board in ESG & Sustainability
• Discover how to optimize your sustainability digital strategy through cross-functional collaboration
• Walk away with actionable steps to achieve your sustainability goals

30, May 2024 - 1 hour REGISTER HERE