ESG
“While net-zero plans , converging standards , and more detailed reporting are underway , thirdparty assurance on disclosures ( including emissions ) is coming ”
STEVE VARLEY GLOBAL VICE CHAIR SUSTAINABILITY , EY
Businesses have a strong role they can play here : “ RE100 – a global coalition of businesses committed to renewable electricity – has been particularly effective at confirming market demand for renewables to governments . The importance of strong market signals was a key theme of the panel I was on with Volvo Group and Vestas at Davos , where we discussed how this is helping to scale critical technologies . By being transparent , sharing carbon ambitions , and committing to purchasing decisions with suppliers , you can give them the confidence to invest in emerging technologies ahead of the curve .”
In short , businesses must evaluate opportunities for where their organisations could commit to more transparency and purchasing commitments with suppliers .
sustainabilitymag . com 57