Firms struggle to keep pace with ESG laws
ENVIRONMENTAL
SOCIAL , AND
GOVERNANCE
Firms struggle to keep pace with ESG laws
Companies lack the technical resources and human capital to comply with changing regulations around greenhouse gas ( GHG ) emissions , a leading sustainability figure warns .
Julia Salant is General Solution Manager , Carbon , with EcoVadis , a global provider of sustainability ratings and assessments for companies , based on their environmental , social , and ethical performance .
Salant says : “ GHG reporting requirements are necessary to mitigate climate change but many companies have neither the technical resources nor human capital needed to comply with new and evolving regulations .”
Her warning echoes a recent Accenture report , which found that although a third of the world ’ s largest companies have signalled their intention to become carbon net-zero by 2050 , fewer than 1 in 10 are on track to do so .” we are contributing to a more sustainable supply chain through streamlining shipping , improving communication with providers , and helping reduce CO2 emissions .”
The company integrated the solution with several other business-critical applications , including its warehouse management system , enterprise resource planning applications , electronic data interchange , and transportation rate system , as well as interfacing with carriers and third-party logistics providers .
The result was that Unilever improved its CO2 efficiency in North America by improving its visibility of transport lanes . This allowed it to combine loads , thus reducing waste , fuel consumption , CO2 emissions , local pollutants , and traffic .