On Monday March 25, global software provider SAP released its first Integrated Report. The firm has released a separate Sustainability Report since 2007 but took this a step further in 2013 by integrating the Annual Report and the Sustainability Report into one online document. Verdantix attended an online session hosted by Peter Graf, Chief Sustainability Officer, and Christoph Hutten, Chief Accounting Officer, to launch the…Continue
Deep-sea mining is not a new concept, but it’s gaining international attention thanks to both its potential rewards, and uncertain risks. The United Nations (UN) has described the scale of mineral deposits in the world’s oceans as ‘staggering’ and with mineral commodities gaining value, the seabed makes for a tempting opportunity. On January 11, 2013, the US federal agency the National Oceanic and Atmospheric Administration (NOAA) estimated that there are nearly 20 million tonnes of gold in…Continue
Since 2009 the price of carbon emission allowances in the EU Emissions Trading Scheme (ETS) has been so low that the market mechanism is largely ineffective: in 2006, an allowance cost €30 ($40) per metric tonne of CO2 (tCO2), compared to around €5 ($7)/tCO2 today. In an attempt to increase prices, on February 19th 2013, the EU Environment Committee voted by 38 votes to 25 to withhold the release of 900m tonnes of carbon allowances, which were due for release in 2013-2015.
When will the ‘sustainability market’ take off? It’s a question we get asked all the time at Verdantix. To answer it, we speak to global budget holders and build country-level models to forecast corporate investment trends. Our surveys and models point to a sobering conclusion: corporate sustainability spending in most countries, both developed and emerging, will grow in the mid-single digit range for the next three years. So what is happening to sustainability budgets? Right now, there is…Continue