Tag: ESG

Demand for ESG ratings remains strong but companies seek more alignment with reporting standards, according to ERM research

Stuart Mitchell

ERM’s latest assessment of the ESG rating landscape finds that corporate sustainability professionals continue to value and engage with ratings agencies but are taking a more selective approach based on stakeholder needs. Rate the Raters, developed by ERM’s Sustainability Institute, finds that most (84 percent) companies plan to continue engagement with ESG ratings and see them as an important part of their sustainability strategy. However, more than three-quarters (77 percent) also emphasize the need for closer ratings methodology alignment with leading mandatory and voluntary sustainability standards. Investor demand drives engagement…

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Asda updates on ESG performance

Stuart Mitchell

Asda has published its fifth Environmental, Social and Governance Report, updating on the progress made towards its ESG targets last year. Key updates from the report include: Net Zero Carbon A 12% reduction in operational carbon emissions (scope 1&2) since 2023. Asda has now reduced its scope 1&2 carbon footprint by 48% since 2021 – meaning Asda is likely to hit its 2025 goal of a 50% reduction. This reduction was driven by Asda’s investment in two new Bio-LNG (liquefied natural gas) refueling facilities in 2024 – which significantly cut…

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UK’s first charity ESG survey: sector keen to engage, prioritizes social and governance over environmental issues

Stuart Mitchell

Analysis of Eastside People’s first Environmental, Social and Governance (ESG) survey (supported by partner ACEVO) has found that most organisations (67%) do not yet have a ESG strategy, and very few have a holistic, fully integrated strategy (3%). Almost half (42%) of participating organisations are ‘considering developing’ an ESG strategy, indicating that they are engaged with ESG as a concept, but have not yet defined what it means for their organisation. The most significant gap between importance and progress ratings across the whole survey was in the area of Equality,…

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UK’s first charity ESG survey: sector keen to engage, prioritizes social and governance over environmental issues

Stuart Mitchell

Analysis of Eastside People’s first Environmental, Social and Governance (ESG) survey (supported by partner ACEVO) has found that most organisations (67%) do not yet have a ESG strategy, and very few have a holistic, fully integrated strategy (3%). Almost half (42%) of participating organisations are ‘considering developing’ an ESG strategy, indicating that they are engaged with ESG as a concept, but have not yet defined what it means for their organisation. The most significant gap between importance and progress ratings across the whole survey was in the area of Equality,…

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Practice what you preach: Only half of UK workers believe their employer’s actions match their words when it comes to ESG

Stuart Mitchell

Only half (52%) of workers in the UK believe that the way their employer promotes itself is aligned with their actions towards environmental, social and ethical issues, according to new research from global research and insights agency Opinium. Amongst senior decision-makers this rises to three in five (60%), suggesting there is some level of disconnect between how senior decision-makers perceive their business’ actions compared to middle management (58%) or more junior employees and manual workers (46%). One in eight UK workers (12%) believe that their business acts in a way…

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