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Showing posts from January, 2025

Top Reasons Why ISO 26000 is Vital for Building Strong ESG Foundations

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In the evolving landscape of business, organizations are increasingly held accountable for their environmental, social, and governance (ESG) practices. To establish a robust foundation in these areas, ISO 26000 has emerged as an essential tool for guiding businesses toward responsible and sustainable operations. This internationally recognized standard provides a framework for companies to integrate social responsibility into their strategies, fostering not only better business practices but also stronger relationships with stakeholders. In this blog, we will explore the key reasons why ISO 26000 is vital for building strong ESG foundations. What is ISO 26000? ISO 26000 is an international standard that offers guidance on social responsibility. Unlike other ISO standards, it is not a certification standard, meaning that businesses are not required to undergo an audit to be "certified." However, implementing the guidance outlined in ISO 26000 signals a company's commitmen...

How TCFD is Being Adopted Worldwide: A Global Perspective

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The Task Force on Climate-related Financial Disclosures (TCFD) has become a central framework for companies and financial institutions worldwide to assess and disclose climate-related risks and opportunities. Established by the Financial Stability Board (FSB) in 2015, TCFD’s goal is to help organizations understand and disclose the financial impact of climate change on their operations and to enhance the availability of consistent, comparable, and reliable climate-related information for decision-making. As climate change becomes an increasingly urgent issue for businesses and investors, the global adoption of TCFD climate reporting recommendations is gaining momentum. This article explores how TCFD is being adopted globally and the impact it’s having on the corporate world. Global Adoption of TCFD The adoption of TCFD reporting is accelerating across the globe, with numerous countries and regions adopting regulatory requirements or encouraging voluntary participation. 1. Europe: Lead...