Gareth Thomas’ Post

How to develop an effective environmental policy 🌳 📄 Environmental concerns have taken centre stage for businesses in recent years. With increasing regulation, heightened stakeholder expectations, and consumer demand for greater sustainability managing environmental risks has become crucial. For organisations navigating a growing list of requirements, including the EU Corporate Sustainability Directive (#CSDDD) and the Corporate Sustainability Reporting Directive (#CSRD), developing a robust environmental policy is essential. In our latest blog, GoodCorporation consultant Elisa Benham, with contributions from Stephie Pettman, suggests how organisation's can navigate this journey, exploring what an environmental policy is, the benefits it brings to businesses, and the ten key components that make it effective. To learn more about developing an effective environmental policy for your business, click the link below: #ESG #environment #environmentalmanagement

Environmental concerns are increasingly important for businesses today, especially with regulations like the EU Corporate Sustainability Due Diligence Directive (#CSDDD) and the Corporate Sustainability Reporting Directive (#CSRD) coming into play. In our latest blog, my colleague Elisa and GoodCorporation intern Stephie Pettman share valuable insights on developing a robust environmental policy, covering its benefits and key components - definitely worth a read for businesses aiming to enhance their sustainability efforts. 🌱

The first step for organisations to integrate environmental management practices into their business strategy and operations is to have a comprehensive environmental policy in place. It was great working with our environment intern, Stephie, to put this thought piece together on how organisations can develop effective environmental policies.

🌍 Delving into the crucial role of assurance in environmental reporting! 📊 Join me in exploring the latest insights on how assurance enhances the credibility and transparency of environmental disclosures. From verifying data accuracy to ensuring compliance with standards, assurance plays a pivotal role in driving accountability and trust. Check out our blog post to learn more about the importance of assurance in advancing sustainability efforts. #qbsmscbloggers #EnvironmentalReporting #LSE #Assurance #Sustainability #Transparency 🌿✨ https://lnkd.in/edvdrhwY

How are you preparing for new environmental regulations? With the backdrop of consumer demand that you talk about your environmental commitments, combined with the financial reward from consumers believing you are sustainable; the introduction of laws like the Green Claims Directive, requiring certification and verification of environmental claims, will have a sobering impact on what companies can say without reprisal.   How are you planning to respond? Will you avoid the Environmental 'Craze' and hope it blows over? Will you continue to talk about being environmental without certification/verification and hope you don't get caught? Or will you become certified/verified and be a leader that others can follow? Please share your thoughts. #sustainability #edenarkgroup #certifiedsustainablebusiness #environmentalregulations #environmentalsustainability #dotherightthing https://lnkd.in/eFFRSxhs

So your business needs a policy for managing environmental impacts... here are 5 top tips on where to start 🌱 In recent years, ESG matters and the conversations around them have gained major significance within businesses. Driven by a global push for sustainability and responsible business practices, the management of ESG-related issues has become increasingly intertwined with a business’s overall performance. This is where building an effective environmental strategy becomes essential, as doing so allows an organisation to map out key areas of concern, implement the required management systems and plan mitigation steps accordingly. Here are GoodCorporation's five top tips to building an effective environmental strategy: 🌱 Appoint a designated environmental manager: Assign a senior manager with adequate resources and training to oversee environmental responsibilities, ensuring consistent oversight and alignment with organisational goals. 🌱 Establish a formal environmental policy: Craft a specific and focused policy that outlines commitments to improving environmental performance and complying with legislation, avoiding generic statements to prevent greenwashing. 🌱 Conduct a materiality assessment: Identify and prioritise environmental impacts relevant to your organisation through a comprehensive assessment, ensuring a targeted approach that goes beyond mainstream topics. 🌱 Set clear targets for effective environmental management: Develop quantifiable, measurable, and science-based targets for priority areas identified in the materiality assessment, with realistic baselines and timelines. 🌱 Disseminate the environmental strategy throughout the organisation: Integrate the strategy at all levels, providing employee training, engaging stakeholders, including suppliers and customers, and conducting due diligence on third parties to align with environmental standards. To find out more about how to build an effective environmental policy, read our blog on the topic here: https://lnkd.in/eqzECeYQ #environment #sustainability #esg #greenwashing

👉🏼Impact of Environmental Regulations on Businesses and Industries Environmental regulations play a crucial role in shaping the operational landscape for businesses and industries. They are designed to protect the environment by controlling pollution and ensuring sustainable practices. Here's an overview of their impact and how businesses can adapt: 👉🏼 Impact on Businesses: • Increased Costs: Implementing environmental regulations often leads to increased production costs as companies invest in pollution control equipment and modify production processes. • Compliance: Businesses must stay abreast of regulations to avoid fines and penalties. This includes understanding and adhering to laws like the Ecological Solid Waste Management Act, which mandates waste segregation and prohibits non-environmentally acceptable packaging • Innovation: Regulations can drive innovation, leading to the development of new products and services that comply with environmental standards   👉🏼 New Policies: • The Environment Act 2024: This new act consolidates 26 laws into one comprehensive law, simplifying the regulatory framework for businesses and introducing a digital system for easier compliance. • Biden-Harris Administration Reforms: In the U.S., recent reforms aim to modernize environmental reviews, accelerate clean energy projects, and simplify infrastructure rebuilding processes. 👉🏼 Adapting and Thriving: • Strategic Planning: Businesses need to anticipate changes in regulations and incorporate environmental considerations into their strategic. • Innovation and Intellectual Capital: Adapting to regulations can lead to the creation of intellectual capital and enhance economic performance through environmental innovation. • Sustainable Practices: Companies are encouraged to adopt sustainable practices not only to comply with regulations but also to reduce costs and meet consumer demands for environmentally responsible businesses.   While environmental regulations can pose challenges, they also offer opportunities for businesses to innovate, improve their sustainability, and gain a competitive edge. By embracing these regulations and adapting their operations, businesses can contribute to a healthier planet while also thriving economically.

Sustainability Laws – Legal Pathways to Green Practices Sustainability laws are a cornerstone of the legal framework that governs environmental protection and promotes sustainable practices. These laws ensure that businesses, policymakers, and other stakeholders adhere to environmental standards, reducing their ecological footprint and fostering sustainable development. Understanding sustainability laws is essential for achieving compliance, supporting environmental responsibility, and contributing to global efforts to mitigate climate change. This article provides a detailed overview of sustainability laws, including key regulations, compliance requirements, and their impact on various industries. The Importance of Sustainability Laws Sustainability laws are critical for promoting environmental stewardship and sustainable development. These laws establish a regulatory framework that guides businesses and other entities in adopting eco-friendly practices and minimizing their environmental impact. Sus... #ecofriendlypractices #environmentalcompliance #environmentallaws #EnvironmentalRegulations #environmentalresponsibility #greenlegalstandards #greenregulations #regulatorycompliance #sustainabilitycompliance #sustainabilitylaws #sustainabilitypolicy #sustainabilitystandards

Introducing GoodCorporation's environmental governance and management services 🌱 With the growing urgency around climate issues, environmental concerns have become a priority for businesses. Companies are now facing increased pressure from regulators, stakeholders, and consumers to effectively manage and disclose their environmental impacts. At GoodCorporation, we now offer a comprehensive range of environmental services designed to help businesses identify, implement, and monitor responsible management practices. Through bespoke methodologies for analysing practice and procedure, our aim is to support companies in enhancing their environmental performance and driving meaningful change within their organisations and the wider world. To explore how our environmental governance and management services could help your business, click the link below: #environment #environmentalmanagement #sustainability #ESG

🌍 Environmental compliance is more than just meeting regulations—it's about protecting our planet for future generations. Discover actionable strategies to enhance your environmental compliance efforts in Cority's latest blog. From staying ahead of regulatory changes to leveraging technology for better tracking, this guide offers valuable insights for driving sustainable practices in your organization. https://lnkd.in/gm4FV83V #EnvironmentalCompliance #Sustainability #EHS #EnvironmentalManagement #Cority