Nov 2024
The latest trends and initiatives in ESG and Sustainability
Our Perspective
In 2023, as a part of the state’s Climate Commitment Act, Washington launched its cap-and-invest
program, which covers approximately 75% of the state’s emissions. The program requires to report GHG
emissions exceeding 10,000 metric tons of CO2-equivalent (MT CO2e) per year. With Washington’s
cap-and-invest program now in full swing, we’re discussing goals, timelines, and how it may impact your
organization.
Industry Updates
Every year, the U.S. Environmental Protection Agency issues an exhaustive report on greenhouse gas emissions, by source, economic sector and other factors that track data going back to 1990. The latest report, made public in late October, is a sobering look at the challenges industries face in stemming the gases they emit.
Countries agreed to a hard-fought COP29 deal to provide $300 billion in annual climate finance by 2035. But while some delegates reacted to the agreement with a standing ovation, others voiced anger for not doing more. Here’s what countries are saying in regard to the new deal.
Peatlands cover 3% of the Earth’s surface, yet their significance extends beyond what their size might suggest. These ancient ecosystems are nature’s carbon vaults, storing more carbon than all the world’s forests combined. They remain among the least understood and most threatened ecosystems globally despite their critical role.
Industry Spotlight
As consumers make more and more purchasing decisions based on a product’s “green” credentials, sustainable products have become more commonplace. Consumers readily abandoned companies that were not certified by a credible sustainability agency or group. Recognizing how important it was to adjust to changing consumer attitudes, this renowned worldwide distributor of houseware products since 1922 decided to establish a sustainable and carbon neutral product line.
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Special Feature:
On-demand Webinar
In this conversation with Komar Brands Director of Sustainability, Thiwanka De Fonseka, we explore how Komar is tackling scope 3 carbon accounting, science-based targets, and more as they strive for net zero carbon. Watch the webinar to hear Thiwanka share challenges and lessons learned on Komar’s sustainability journey, with ideas and examples that other large companies, particularly in the apparel sector, may draw from.
Industry Career Opportunities
Interested in joining a team of professionals working to create positive impact and value? Check out these current career opportunities.
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