Neiman Marcus Group’s Post

Today, on #ZeroEmissionsDay, we join the global community in taking a stand for a sustainable future. At SoftwareOne we understand the urgency of addressing climate change and are committed to reducing our carbon footprint. Our recently published Environmental Social Governance Report sets out our vision for a more sustainable future and looks at the steps we are taking to make this a reality. Read more: https://lnkd.in/eWa2yve2 #SocialResponsibility #climate #governance #ESG #social #ThousandsStrong #people #culture #teamSoftwareOne #CarbonFootprint #CarbonNeutral

This World Earth Day, let's deepen our commitment to the planet together! 🌍 At Barentz, our global teams are transforming their commitments into action. We believe that every action, big or small, is a step towards a more sustainable world.🌱 What are your commitments or tips for living a sustainable life? Share them in the comments below and let's inspire each other! #WorldEarthDay Discover more about our ESG initiatives: https://lnkd.in/extY_R8A

This World Earth Day, let's deepen our commitment to the planet together! 🌍 At Barentz, our global teams are transforming their commitments into action. We believe that every action, big or small, is a step towards a more sustainable world.🌱 What are your commitments or tips for living a sustainable life? Share them in the comments below and let's inspire each other! #WorldEarthDay Discover more about our ESG initiatives: https://lnkd.in/extY_R8A

#BVCM is here! What does it mean for corporate sustainability leaders? On Wednesday, Science Based Targets initiative released two reports on #BeyondValueChainMitigation, their framework for climate action outside a company's defined value chain — including carbon credit purchasing and retirement. Our own Climate Trust Lead Lauren Frisch has analyzed the documents. Here are three of her key takeaways: 🔐 For the first time, SBTi has officially recognized the role carbon credits play in climate strategy apart from and before neutralization. This will be a major unlock for many companies who have previously been hesitant to invest in the voluntary carbon market for lack of inclusion in the SBTi framework. 🗺 BVCM encompasses many types of climate action — not just carbon credits. These reports provide a roadmap for many types of mitigation (including adaptation and resilience planning) to count toward the standard. 🤸♂️ This framework is very flexible — to the point that some companies could find the open-endedness daunting. It puts a lot of work on sustainability leaders to make their own plan, choose a standard, and implement a strategy. But the reward is that those strategies can be fully aligned to both a corporate objective and to accelerating climate solutions. To get more in-depth analysis on BVCM, click the link in the comments 🔗 And if you're a head of sustainability with a net-zero commitment, we want to hear from you: are you encouraged by these reports?

You love to see more incentives underneath carbon credits — one part of an incentive is the "push" another part is a clear path to actually doing the thing. What's cool about these new SBTi guidelines is: 1️⃣ Companies with SBTi net-zero commitments represent literally one-third of Earth's market cap. That's some serious spending power. 2️⃣ They're built to push companies to create more intentional strategies with carbon credit buying/retiring. I like this because a lot of the folks with the keys to the corporate sustainability budget are waiting for like, the One True Definitive Canonical Carbon Credit Checklist, which may or may not come. The truth is they have everything they need right now to invest in climate solutions that are a.) effective and b.) high-integrity. Check it out!

We consider the environment a key stakeholder. Working with Plan A and One Carbon World, AlixPartners leaders and local sustainability teams have set forward-looking goals to stay accountable for our environmental impact. In our latest annual report, we share our innovative approaches for sustainability and accelerating our carbon reduction efforts — from ensuring planet-friendly suppliers and planting trees to restore biodiversity, to helping top clients reduce carbon across supply chains and design strategies for achieving Net Zero. #esg #sustainability

CDP A List 2023 is out… 21,000 companies scored on ESG, 400 companies scored A in leadership covering climate water and forest, 346 companies made the 2023 Climate Change A List. 101 Water A list and 30 companies to the Forest A list. Surprising and happy to see many companies being featuring in the A list for Forest. 21k companies reporting to CDP is another big achievement. Sustainability reporting and ESG rating has definitely arrived. Wouldn’t be surprised if the no’s cross 25k next year. #CDP #esgreporting #sustainability

Who has seen the Sustainable Value Study we published late last year? I was reminded by Hanne this week of just how impactful some of the findings are for corporate sustainability programmes: 📈 We found that companies taking the most action to address climate change are 1.8 times more likely to report higher-than-expected financial value from their climate initiatives than those taking the least action. 💰 Sustainability programmes were also rated the most important long-term investment priority for CFOs, and 99% of investors use ESG disclosures as part of their decision-making. However, despite this opportunity for business - things aren't always moving in the right direction: 🚫 Only 1 in 5 CSOs have the right resources and influence to effectively drive sustainability in their organizations, and sustainability programmes are the most likely initiative to be cut or paused to hit short-term earnings targets. 🚨 Compared to a comparable sample of companies from our 2022 research, we found that there had been a decline from 30% to 20% in median GHG emissions reduction, and a delay in the target year to achieve climate ambitions from a median of 2036 to 2050 We know that there is corporate value to be gained for businesses accelerating climate action and empowering their CSOs, but this approach isn't always being taken. In response to this, our report concludes with five levers that can be used to support an organization-wide, value-led sustainability agenda. If you haven't already, I'd recommend taking a look - we'd be interested whether you agree with our suggestions, or have any great ideas we've missed: https://lnkd.in/eFX8WJQc #cso #sustainability #carbon #climate Gerard Gallagher Michelle T. Davies (née Thomas) Rhian Johns Rob Doepel Kim Paykel Mark Minihane James Wright Simon Constance Petra Jurisits Marco Duso Marc Hetzer