Welcome to another edition of our Snippets newsletter. In this time of pandemic, climate change and societal upheaval, it is reassuring to see that the giants in corporate sustainability reporting are trying to harmonise and simplify reporting. With this simplification, these reports, required to give interested parties information on the societal implications of a business’ initiatives and undertakings, will ultimately become more relevant and set a tone for the “new world”. Business can continue as usual or, as EECA and others have discovered, alternatives such as working from home, or teleconferencing can make a huge impact on carbon emissions. Where we work also needs to be healthy, and green buildings are needed in preparation for a viable future “post Covid” (whenever that may be!).
Businesses (and individuals) can also impact their carbon emissions by being more responsible with their electronic waste – there are billions of dollars tied up in the precious metals discarded every year this way. An example of a business being responsible in this area is Pandora, using recycled silver (one of the precious metals in electronic waste) in 75% of their manufacturing, along with other initiatives to improve their emissions.
During this time of pandemic, there is opportunity to create a better environment with cleaning up beaches, planting trees and other environmentally friendly ventures, as we see in our next two articles. Getting those temporarily (or permanently) now without work into these ventures could be a good result for all.
Planting needs to be well planned, as planting the wrong sort of trees may inadvertently release more carbon than anticipated, according to research by “Science”. And fortunately, the latest news is that global deforestation appears to be declining.
Enjoy the read this week.