Consider, for a moment, the supply chain that must be employed to produce and sell cups of coffee to morning commuters at a drive through service window. How many factors must the coffee bar’s analyst include in the process flow analysis?
The term “value chain” has expanded in recent years as part of the expanding attention and scope of sustainability and ESG. It now includes activities and uses that are not directly under a company’s ownership or control. Accordingly, the scope of a company’s responsibility is increasing. This is, of course, challenging for management, and controversial.
Allen CampbellNovember 22, 2023
Moody’s 2022 TCFD Report discloses environmental performance metrics in accordance with the policies and standards of the Task Force for Climate-Related Financial Disclosures. In its 47 page PDF document, Moody’s employs the phrase “Science Based” 26 times to describe its targets or standards.
Michael KratenNovember 15, 2023
Once again leveraging its position as the world’s third largest economy, the EU continues to lead the world in protecting the global environment. The EU Deforestation Regulation (EUDR), which became effective on June 29, 2023, will impact agricultural, forestry and business practices around the world.
Allen CampbellNovember 8, 2023
The 1975 summer movie Jaws portrayed a suburban New York beach community that recoiled from the assault of a voracious great white shark. Although the film was a work of fiction, a shark (in reality) seriously injured a swimmer last week near a New York City beach. It was the latest shark attack to strike the Big Apple during the…
Michael KratenNovember 1, 2023
The Fighting Against Forced Labor and Child Labor in Supply Chains Act was enacted on May 3, 2023, and becomes effective in January 2024. It requires in-scope companies and all government organizations in Canada to provide annual reports on how they manage forced labor/child labor risks – in their own operations and their product supply chains.
Allen CampbellOctober 25, 2023
The Opening Ceremony’s Parade of Nations may prove to be the most unique event of the 2024 Paris Olympics. Instead of situating the event in a stadium, the Olympic Committee will place the athletes on boats and send them down the River Seine.
Michael KratenOctober 18, 2023
Over 1500 cases have been filed in courts around the world seeking relief from climate change. These cases have been based on various legal theories. A recent, highly unusual theory is that such rights are grounded in a state’s constitution. This constitutional theory has successfully argued in four noteworthy cases, one in Montana, the second in the Netherlands, the third…
Allen CampbellOctober 4, 2023
Do you remember George Orwell’s classic novel Animal Farm? In that fable of a farm that is managed by its own livestock, the pigs become the leaders of the rural community. Although that didn’t quite occur last week, a pig protection law did manage to survive a Supreme Court decision that may impact the future of sustainability regulation.
Michael KratenSeptember 27, 2023