Trader Interactive’s Post

Carbon offsetting—does it work? The short answer is ‘no’. Carbon offsetting works off of the idea that companies can compensate for their emissions by investing into projects that reduce greenhouse gases elsewhere. Sounds great! But there’s a catch. There’s almost always a lack of transparency, accountability, and overall effectiveness across these ‘initiatives’, making it little more than a greenwashing exercise. Companies that want to make a real impact need to take real action. You can find out more about how to do that and more here: https://lnkd.in/diaYyg6g #Sustainability #CarbonFootprint #ESG

We are still in the early days ourselves, despite having spent well over 6 month focusing on the subject. However, I can already see and feel how our employees and the culture grow stronger when this topic is on the internal agenda. Clearly, since the economic climate shifted a while back, there hasn't been as high a focus on tracing and reducing emissions as there was previously. That's kind of what the numbers says, right? But, as with all these short cycles, attention to this issue will return. If you are not well-positioned by that time, you will have to put all other initiatives on hold just to reach the bare minimum level. Additionally, the rapidly increasing gap between companies that can leave their analog history behind and move into the digital future is notable.

Our 2023 Sustainability Report sets out the progress we have made over the past year in refining and advancing TMX Group’s sustainability strategy, while providing insights into the important work ahead of us. Our new sustainability strategy – where business meets purpose – establishes three strategic pillars: 🌱 𝐏𝐫𝐨𝐬𝐩𝐞𝐫𝐢𝐭𝐲: Sustainable long-term growth to enable and scale climate solutions. 🌎 𝐏𝐥𝐚𝐧𝐞𝐭: Exemplifying ESG performance to foster healthy ecosystems. 👥 𝐏𝐞𝐨𝐩𝐥𝐞: Inclusive markets to create widespread economic opportunities. We've introduced a comprehensive carbon emissions accounting exercise which will enable us to set emissions reduction targets by identifying the categories driving our emissions today. Read the report for more: http://ms.spr.ly/6041Ypuqd

Sustainability teams have a huge responsibility to reduce their company's carbon footprint, but marketing teams also have a vital role to play in avoiding 'Greenwashing.' We understand how much you do so let us measure your GHG emission's so you can focus on developing a circular economy. Contact us to learn how we can assist in transforming your building into an asset! #sustainablebuildings #chronostechnology #carbonfootprint

Happy Sunday, fellow changemakers! 🌍✨ Here's latest update on advancements in the corporate sustainability, ESG, and climate space, curated for you : 🌍 EU's Carbon Border Adjustment Mechanism (CBAM) moves forward, requiring importers to pay a carbon price equivalent to the EU's system. 🌳 Invesco US commits to achieve net zero GHG emissions across all its managed assets by 2050. ☘ Hilti Group partners with Circelligence by Boston Consulting Group (BCG) to enhance circularity of its resources, promoting reuse, recycling, and upcycling. 🍃 Seneca ESG introduces AERA (a carbon accounting tool) for simplified GHG Emissions Accounting. Until next week, stay sustainable! ♻ 💡 To stay updated, follow the hashtag #SustainableFuturesWeekly #sustainability #ESG #climatechange #corporatesustainability #netzero #climatejustice #ecofriendly #greenbusiness #sustainabledevelopment #circulareconomy

🌿 Environmental, Social, and Governance (ESG) Integration: A Cost-Effective Approach 🌿 Today, I want to discuss an interesting challenge faced by ESG teams at retailers and branded manufacturers. As most of you might already know, ESG initiatives have become crucial in today's business landscape, reflecting the growing awareness of sustainability, social responsibility, and ethical governance. The challenge lies in balancing the expectations of business leaders who often demand that ESG initiatives remain cost-neutral or, ideally, yield a positive return on investment (ROI). While this may initially seem like a hurdle, I have discovered that there is a strategic approach that can bring about positive outcomes while meeting these demands. ESG teams have been most effective when they are included in the planning stage of new initiatives. By integrating ESG considerations early in the process, we can achieve ideal outcomes without incurring any additional costs. This approach not only ensures that ESG concerns are addressed adequately, but it can also lead to long-term sustainability and improved social impact. Based on my experiences, I highly recommend involving ESG teams whenever any project reaches a certain investment threshold. By doing so, we can leverage their expertise to optimize project planning, mitigate risks, and identify opportunities for positive societal and environmental impacts. This will ultimately help us stay aligned with our broader sustainability objectives while meeting financial goals. The lesson here is clear: ESG integration shouldn't be an afterthought or an add-on, but rather a fundamental part of the decision-making process. By embracing ESG considerations from the outset, we can foster a culture of responsible business practices and make a significant difference in our communities and the world. #ESG #Sustainability #CorporateResponsibility #SocialImpact

So excited to share Closed Loop Partners 2023 impact report (https://lnkd.in/e2GShCix), highlighting our work in 2023 and the cumulative impact of accelerating the circular economy over the last 10 years. This #10yearsofimpact includes over 80 investments, which have kept 6 million tons of materials in circulation and avoided 17.5 million metric tons of CO2e emissions. But that is just the direct impact. Even more meaningful is the catalytic and indirect impact of helping build this movement and inspiring others to see the business opportunity of investing in the circular economy. See it all here: https://lnkd.in/e2GShCix Thanks to our many partners and investors who have been committed to this circular and net zero transition.

🌍 Embrace the Future of Sustainability today - with the Digital Product Passport (DPP) 📊 The EU is leading the change towards a more sustainable and circular economy with the DPP. This digital passport empowers consumers and companies with vital product information, from origin to disposal. 🌿 🔍 Key Features: - Transparency: Know your product inside-out. - Environmental Awareness: Make eco-conscious choices and meet ESG standards. - Product Longevity: Reduce waste and cost. Are you interested in discussing these new opportunities? We invite you to learn more about the potential impact on your business. DM me for more info! 💬 #CircularEconomy #DigitalPassport Read the article: https://lnkd.in/e7t5CvnT

Looking to enhance your corporate sustainability efforts? 🌍🌱 Tocndix's ESG Assessment & Scoring Solution offers a powerful tool to evaluate your environmental, social, and governance practices. 📊✅ Unlock insights, drive positive change, and align with sustainable objectives. Learn more about our ESG solution: https://buff.ly/41gJO0B #ESG #Sustainability #BusinessImpact #ESGAssessment #Tocndix 

Did you know that measuring ESG precisely can significantly boost your organization's reputation as a responsible brand? If your organization efficiently categorizes spending and addresses key emission factors, it leads to: ➡️ Regulatory compliance ➡️ Reduction in carbon footprint ➡️ Streamlined progress towards ESG targets The outcome? Your brand is elevated as a beacon of sustainability, strategically positioned in a green supplier network. Ready to maximize your impact? Follow us to learn more! #ESG #sustainability #climateaction #climatechange #LytHouse