SustainCase newsletter – wk28, July 2024
ESMA Calls on Companies to Get Data Systems in Place to Meet New CSRD Sustainability Reporting Requirements
EU markets regulator the European Securities and Markets Authority (ESMA) announced the issuance of a Public Statement on the first application of the European Sustainability Reporting Standards (ESRS), aimed at helping companies prepare for new sustainability reporting and supervisory requirements under the EU’s Corporate Sustainability Reporting Directive (CSRD), with the first reports set to begin next year.
How LEGO Group is Pushing its Suppliers to be Sustainable
After tying sustainability performance to exec bonuses, the LEGO Group has stepped up its sustainability efforts by introducing carbon-reduction targets for its suppliers to meet by 2026.
Case study: How Desjardins works with its clients and customers to encourage sustainable practices
July 9, 2024 – Desjardins Group stands as North America’s largest cooperative financial group. Catering to its 7.7 million members and clients throughout Canada, Desjardins provides a comprehensive suite of financial services through its Personal and Business Services, Wealth Management and Life and Health Insurance, and Property and Casualty Insurance divisions, tailored to meet diverse needs. Desjardins is a signatory of the Principles for Responsible Banking (PRB) and is, accordingly, working with its clients and customers to encourage sustainable practices and enable sustainable economic activities. Read more.
Case study: How UltraTech creates economic value for its stakeholders
July 8, 2024 – UltraTech Cement Limited is India’s largest and the world’s third largest cement manufacturing company, with operations that span across India, UAE, Bahrain and Sri Lanka. Creating consistent value for its stakeholders – people, communities, supply chain partners, investors, shareholders, customers and other components of its value chain – is a top priority for UltraTech. Read more.