Climate Change Data

Environmental Metrics

ESG Focus Areas

• Human Rights
• Labor
• Environment
• Anti-Corruption
• Climate Change
• Biodiversity
• Water Security
• Sustainable Procurement
• Responsible Sourcing
• Governance
• Social Capital
• Human Capital
• Business Model and Innovation
• Leadership and Governance

Climate Goals & Targets

Environmental Challenges

• Liability exposure from over-promising. Adopting standards that are unachievable can expose the business to a range of legal risks

Mitigation Strategies

• Take advice on: Measuring your ESG performance; anticipating regulatory change; aligning organizational and stakeholder goals to your choice of standards and frameworks

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI, SASB, TCFD, CDP, GHG Protocol, Science Based Targets Initiative, CDSB Framework, IFRSF, IIRC, OECD’s Due Diligence Guidance for Responsible Supply Chains, Responsible Minerals Initiative, Better Cotton Initiative, Global Organic Textile Standard, UN Global Compact, UN Guiding Principles on Business and Human Rights, ISO 26000, OECD Guidelines for Multinational Enterprises, B Corp certification, Eco Vadis

Certifications: ISO 26000, B Corp certification, GOTS

Environmental Metrics

ESG Focus Areas

• Climate Change
• Biodiversity
• Water
• Forever Chemicals
• Circularity
• Plastics
• Equality, Diversity and Inclusion (EDI)
• Workplace Welfare
• Living Wage
• Human Rights in the Supply Chain
• Responsibility for Host Communities, Environment and Indigenous Populations
• Sustainability Claims

Climate Goals & Targets

Environmental Challenges

• Lack of overarching statutory duty to implement net-zero strategies.
• Absence of explicit requirements to demonstrate biodiversity net gain.
• No general requirement for companies to report on water usage.
• Lack of test cases against local companies for product liability or pollution related to forever chemicals.
• Limited duties placed on producers, distributors, or retailers to ensure recycling levels or incorporate recycled materials.
• No specific laws targeting plastic pollution.
• Limited statutory due diligence requirements for human rights and environmental impacts in supply chains and host communities.

Mitigation Strategies

• The Climate Change Bill aims to catalyze a low-carbon and climate-resilient economy.
• The Carbon Tax Act regulates carbon offsets.
• The National Environmental Management: Waste Act aims to increase recycling and reduce landfill waste.
• The Extended Producer Responsibility (EPR) regulation makes EPR mandatory for packaging producers and importers.
• The Employment Equity Act promotes equity in the workplace.
• Various acts regulate health and safety, fair labor practices, and minimum wage.
• Government-mandated minimum wage.

Supply Chain Management

Climate-Related Risks & Opportunities