UN Global Compact: Where is your company on the journey to 2030? (UNGC Annual Report 2019, October 2019)

Extracts from UNGC’s introduction of the Annual Report 2019:

“Each year, the United Nations Global Compact takes an in-depth look at the progress of participating companies to advance the sustainability efforts of the 2030 Agenda.

The UN Global Compact Progress Report 2019 provides essential insights into how companies are implementing the Ten Principles of the UN Global Compact and taking action to achieve the Sustainable Development Goals (SDGs). Most importantly, it lays bare the transformations needed to get the business community on track as we approach 2020 and the final decade of delivery. More

Dansif: 74% af respondenterne bruger SDG’erne aktivt til udvælgelse af investeringer (Dansif-rapport, september 2019)

From the Executive Summary of the report:

The 2019 Dansif survey has a 62% response rate and the respondents together represent 90% of total Assets under Management (AuM) for the 50 largest institutional investors in Denmark.

All of the 31 survey respondents have a responsible investment (RI) policy which covers the majority or all of their total AuM 89% of the respondents make their RI policy publicly available .More

Enel launches the world’s first “general purpose SDG linked bond”, succesfully placing a 1.5 billion U.S. dollar bond (September 2019)

The issue was almost three times oversubscribed, with orders of about 4 billion US dollars. The strong demand from investors for the “General Purpose SDG Linked Bond” once again confirms the appreciation and confidence of the financial markets in the soundness of the Enel Group’s sustainable strategy and the consequent impact on the economic and financial results.

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Why none of the large oil companies are “Paris-aligned”, and what they need to do to get there (Carbon Tracker, September 2019)

In September 2019 Carbon Tracker’s latest report “Breaking the Habit” was released.

“The most common climate-related question facing investors – “how can we tell if a company is aligned with Paris”?

In this report, we lay out our approach and apply it to the largest listed oil and gas producers. For the first time, we look at alignment in terms of short term actions – which individual projects are non-Paris compliant and wouldn’t go ahead in an economically rational Paris-aligned world, yet nonetheless either a) were sanctioned last year; or b) are targeting sanction this year.More

Her er klimaeffekten af at handle second hand – produkt for produkt (Avfall Sverige, August 2019)

Ny rapport fra Avfall Sverige:

“Att återanvända kläder sparar tio gånger mer koldioxid än att återvinna materialet för att skapa nya textilier.

Varje mobil som återanvänds istället för att skrotas sparar cirka 60 kg koldioxidekvivalenter.

De högsta koldioxidbesparingarna genereras enligt Avfall Sverige genom förebyggande av textil samt av elektriskt och elektroniskt avfall.More

UN Global Compact guide: Setting Site Water Targets – A Guide For Companies (published 2019)

EXECUTIVE SUMMARY from the guide:
“The world’s water resources are under growing pressure from rising water consumption, greater pollution, weak governance, and climate change—exposing companies to increased water-related risks.

In response, many companies are engaging in water stewardship and setting water targets to help address their waterrelated externalities and secure water for the growing needs of all users.

Site water targets informed by catchment context have an important role to play in addressing water challenges and driving informed actions at the local level. Yet a minority of companies are setting them.More

181 major US businesses commit to act fairly and sustainably (published August 2019)

A welcome development this week was the declaration from 181 chief executives of US companies to operate in a way that values and recognizes all their stakeholders.

The signatories to the Statement on the Purpose of a Corporation, organized by Business Roundtable, includes commitments to:

  • Respect communities and the environment by embracing sustainable business practices;
  • Deal with suppliers and partners fairly and ethically;
  • Invest in their employees, fostering diversity and inclusion;
  • Demonstrate transparency and effective stakeholder engagement.

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Unilever warns it will sell off brands that hurt the planet or society (article in The Guardian, July 2019)

Unilever has warned it will sell off brands that do not contribute positively to society, with British favourite Marmite and Magnum ice-cream among the big names thought to be vulnerable to a cull linked to the company’s sustainable business agenda.

Unilever’s chief executive Alan Jope said it was no longer enough for consumer goods companies to sell washing powders that make shirts whiter or shampoos that make hair shinier because consumers wanted to buy brands that have a “purpose” too.More