SustainCase newsletter – wk22, May 2024
GRI and IFRS Foundation collaboration to deliver full interoperability that enables seamless sustainability reporting
The IFRS Foundation and the Global Reporting Initiative (GRI) are deepening their working relationship, building upon the Memorandum of Understanding signed in 2022. This collaboration seeks to provide a seamless, global and comprehensive sustainability reporting system for companies looking to meet the information needs of both investors and a broader range of stakeholders.
80% of Companies See Sustainability as a Potential Revenue, Profitability Driver: Morgan Stanley Survey
The vast majority of companies view sustainability as a value creation opportunity, with more than three quarters anticipating potential benefits ranging from higher revenues and profitability to lower cost of capital, although many also expect increased sustainability-related costs and a need for significant investment, according to a new survey released by Morgan Stanley.
Case study: How Danske Bank works with its clients and customers to encourage sustainable practices
May 28, 2024 – The Danske Bank Group (‘Danske Bank’) is a Nordic universal bank with deep regional connections. Danske Bank offers services to customers across eight countries, with Denmark, Norway, Sweden, and Finland as its primary markets. Danske Bank 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 Cementir creates economic value for its stakeholders
May 27, 2024 – Cementir Holding is a Dutch multinational company operating in the building materials sector and focused on four main business lines: grey cement, white cement, ready-mixed concrete and aggregates. Cementir redistributes part of the wealth it generates to its shareholders and all its stakeholders, including employees, suppliers, governments and local communities. Read more.