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Affecting communities

Affecting Communities – Impact Analysis 

A company’s sustainability reporting aims to fulfill several objectives. One of these concerns the company’s relationship with the community. A company’s presence in a particular region can have both benefits and disadvantages for communities. From the perspective of voluntary standards, but also of the new legislation on corporate sustainability reporting, it is of greater interest …

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CSRD directive

The CSRD directive: The future of sustainability reporting 

After a few years of waiting, on January 5th 2023 the Corporate Sustainability Reporting Directive – CSRD entered into force. The new rules will need to be implemented by all member states in 18 months, by transposing it into the national legislation. The application of the new directive will be phased, depending on the type …

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GRI Standards – The most widely used tool for sustainability reporting 

“Over the past 23 years the GRI Standards have become the world’s most widely used and internationally accepted tool for corporate transparency. More than 10,000 companies around the world communicate their impacts using the GRI Standards”. (GRI Global Standards Fund, Partner with the Global Standards Fund to help businesses take responsibility for their impacts, 2021) GRI …

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alro slatina

ALRO achieved first certification in Europe under the Aluminium Stewardship Initiative’s Third Version of Performance Standard

ALRO confirms its industry-leading sustainable and responsible business practices by successfully achieving the prestigious Aluminium Stewardship Initiative organization (ASI) certification; In obtaining this most important sustainability certification for the aluminium industry at the global level, the audit examined ALRO’s Sustainability Report and Strategy documents as part of the overall assessment of the Company’s sustainability performance; An independent …

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social climate

EC has proposed the creation of the Social Climate Fund 

The value of this fund will be of approx. €72.2 billion for a period of eight years from 2025 to 2032. The aim of the fund is to support European citizens should climate measures lead to higher bills or other unfair impacts. The Social Climate Fund includes both compensation – meaning direct payments to citizens …

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climate change

Climate Change: Causes, Effects, and Solutions for a Sustainable Future 

Climate change, also known as global warming, is a pressing issue that affects the planet’s long-term weather patterns, leading to severe environmental, social, and economic consequences. The primary cause of climate change is human activities that release large amounts of greenhouse gases into the atmosphere. In this article, we will discuss the causes, effects, and …

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financing

Sustainable Financing: Investing in a Greener Future

Sustainable financing is a type of investment that promotes social, environmental, and economic sustainability. It involves investing in companies, projects, and initiatives that have a positive impact on the environment and society while generating financial returns. In this article, we will discuss the importance of sustainable financing, its benefits, and how you can contribute to …

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Corporate Social Responsibility (CSR) Initiatives: Making a Positive Impact

Corporate Social Responsibility (CSR) initiatives are becoming increasingly important for businesses looking to make a positive impact on society and the environment. These initiatives involve companies taking responsibility for the impact of their actions on various stakeholders, including employees, customers, communities, and the environment. In this article, we will discuss the importance of CSR initiatives, …

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net zero

The European Parliament voted to increase the 2030 GHG reduction target at EU level from 30% to 40%

By Sustainability Lens, with quotes from the press release published by the European Parliament – 15/03/2023 Through yesterday’s press release, the European Parliament announced it adopted with a majority of votes the revision of the so-called Effort Sharing Regulation. This will set binding annual reductions for greenhouse gas (GHG) emissions for road transport, heating of …

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green washing

A new proposal to regulate the Greenwashing

By Sustainability Lens, with quotes from the press release published by the European Commission 22/03/2023 On March 22, the European Commission took another step in its effort to achieve climate neutrality of the EU by 2050. According to the press release, the Commission announced the development of a new proposal for a directive on environmental …

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