News

Trailblazing coach and executive Danièle Sauvageau will deliver a keynote at the Hub for Sustainability Integration Conference this October.

Learn how Sauvageau’s groundbreaking leadership in sport connects to sustainable development, and don’t miss her inspiring session on leading with resilience, integrity, and purpose.

Researcher from the School of Accounting and Finance cautions that clear regulatory oversight is needed to protect investors.

The topic of sustainability is becoming increasingly popular in the investment world with sustainable investing creating a large global impact. This significant shift lead the School of Accounting and Finance's (SAF) Dr. Adam Vitalis and his co-authors to research how green labels attract investors to certain projects which can open the door to greenwashing. 

The School of Accounting and Finance (SAF) is proud to collaborate with the Waterloo Climate Institute and Natural Resources Canada (NRCan) on the Accelerating Climate Change Education for the Next Generation of Professionals initiative. 

This initiative focuses on developing impactful course materials that integrate climate change adaptation into professional programs, with the ultimate goal of embedding sustainability into all SAF programs through The Hub for Sustainability Integration.

The Inaugural Hub for Sustainability Integration Conference took place on March 21st at the Delta Hotel in Toronto. The day was filled with informative presentations and panel discussions from some of the country’s most knowledgeable sustainability integration and climate advocates. 

The Canadian Sustainability Standards Board (CSSB) announced the release of new proposed standards for companies to report sustainability and climate-related information, based on the recently released sustainability disclosure standards by the IFRS Foundation’s International Sustainability Standards Board (ISSB).

The release of the new standards may form a significant step towards the introduction of mandatory climate-related reporting requirements for Canadian companies.

The ISSB was launched in November 2021 at the COP26 climate conference, with the goal to develop IFRS Sustainability Disclosure Standards, driven by demand from investors, companies, governments and regulators to provide a global baseline of disclosure requirements enabling a consistent understanding of the effect of sustainability risks and opportunities on companies’ prospects.

Read the full article here.

Coca-Cola Launches 100% Recycled Plastic Bottles in Canada

The Coca-Cola Company announced today the launch of 100% recycled plastic bottles in Canada, with all 500 ml sparkling beverage bottles – including flagship brands Coca-Cola, Sprite and Fanta – in the country using 100% recycled plastic, excluding caps and labels, by early 2024.

According to the company, the move will save 7.6 million pounds of new plastic in 2024, and reduce CO2 emissions by nearly 7,000 metric tons annually.

Read the full article here.

KPMG Survey

Companies increasingly expect their ESG strategies to contribute to positively to business and financial outcomes, in areas ranging from M&A and new product opportunities to talent and customer retention, although many executives are concerned about keeping up with complex and changing sustainability regulatory requirements, with only around a quarter reporting confidence in meeting ESG reporting requirements across several jurisdictions, according to a new survey released by professional services firm KPMG.

The business leaders identified M&A efficacy as the top area in which ESG is adding value to their businesses, with 41% reporting that ESG engagement adds major financial value, with other top areas including access to new capital sources at 35% and customer retention at 34%.

Read the full article here.

How much progress is being made on the UN’s Sustainable Development Goals?

• Multiple global crises continue to put the 2030 Sustainable Development Goals 'in peril', the UN says.
• Its 2023 update report shows a significant reversal of progress in key areas such as child vaccination rates and income inequality between countries.
• These challenges will be the focus of the World Economic Forum's Sustainable Development Impact Meetings on 18-22 September 2023.

Read the full article here.

Your supply chain could be full of hidden environmental, social, and governance (ESG) risks, which can seriously harm your reputation and market access, as well as disrupt your supply chain and halt production.

This guide details the best practices for effective supply chain risk mitigation, including how to use ESG data from the public domain to improve your ESG program.

Learn more here.

ESG is more than sustainability.

Nasdaq has commissioned an independent study to see how 100 decision-makers in the ESG space are:

• Structuring and resourcing their sustainability teams,
• Assessing barriers to and drivers of their sustainability agendas,
• Crafting their ESG and climate risk mitigation strategies,
• Planning their technology investment plans.

In this article, you can:

1. Access more answers and insights from the respondents by downloading the full report,

2. Explore ways to elevate your ESG strategy.

Access the full article here.