Thank you Vuelio for the webinar today with Adam Leyland - Editor in Chief of The Grocer. I've been deep into ESG work for a client (automotive) and hearing Adam talk of the challenges of greenwashing amongst FMCG industries and car manufacturers was really insightful. He urges PRs to address these points when contacting media: Honesty Transparency Data/Robustness Hero brands: embedded sustainability News: groundbreaking developments Think carefully about the claims you are making, make sure you've the proof/data to back it up and even with the best intentions - you can still be misleading. We've all got to make changes, but it's up to PRs to help steer the narratives of our organisations and avoid greenwashing.
Jodie Davies’ Post
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How can you successfully transition your company towards the NEXT LEVEL of GROWTH with ESG Sustainability, given the uncertain times, increasing legal requirements and resources scarcity? AB InBev, a global brewing giant, has embraced sustainability to reduce costs and boost profits. My article explores AB InBev's challenges, key changes, green initiatives and the impact on company's financial performance. Please find the link: https://lnkd.in/dZrc7DDx I would love to see your thoughts. Enjoy! 💚 #profitwithpurpose #ESG #sustainablebusiness #ESGsustainablebusinessstrategy #SustainableBusinessStrategy #abinbev #growthmark
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In the latest episode of #TakeOnTomorrow, hosts Lizzie O’Leary and Femi Oke are joined by Rob Cameron, Global Head of ESG Engagement at Nestlé, and Stuti Sethi from PwC’s Strategy&. They delve into how companies can reimagine food systems and collaborate with governments to ensure a secure, reliable supply. Discover why a combined effort is vital for the future of food. Listen now. #Sustainability #FoodSecurity #ESG #BusinessStrategy https://pwc.smh.re/1YUO
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In the latest episode of #TakeOnTomorrow, hosts Lizzie O’Leary and Femi Oke are joined by Rob Cameron, Global Head of ESG Engagement at Nestlé, and Stuti Sethi from PwC’s Strategy&. They delve into how companies can reimagine food systems and collaborate with governments to ensure a secure, reliable supply. Discover why a combined effort is vital for the future of food. Listen now. #Sustainability #FoodSecurity #ESG #BusinessStrategy https://pwc.smh.re/1YLK
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🌱 Why Every Company in the EU's Logistics and Food Production Sector Should Consider a Chief Sustainable Officer In the context of the ESG (Environmental, Social, Governance) regulations, especially for companies within the EU's logistics and food production sectors, integrating sustainability isn't just a moral imperative; it's a strategic advantage. For a company with a €100 million turnover, here's why: 📈 Profit Potential: Companies actively integrating ESG principles can see significant gains. While it's challenging to pinpoint exact figures due to varying factors, a proactive stance on sustainability can lead to improved brand loyalty, operational efficiencies, and market positioning, potentially boosting your bottom line by a noticeable margin. 🚫 Penalty Risks: Non-compliance with ESG regulations can result in hefty fines. Though these can vary widely, penalties can reach up to 5-10% of annual global turnover for severe violations, making ignorance an expensive risk. 🌍 Global Impact: Beyond finances, embracing ESG principles means contributing positively to our planet and society—a reward in its own right. 💡 Action over Words: Many companies promise to prioritize sustainability "soon," but only those who act will thrive in tomorrow's market. 📊 EBT Increase: Implementing ESG measures isn't just about avoiding penalties; it's about seizing opportunities to elevate your Earnings Before Taxes (EBT), ensuring long-term viability and success. Let's not wait. The time for discussion has passed; the time for action is now. For a better world and a stronger company. Freshcon GmbH #IFS #Logistics #ESG
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More stakeholders want to know about companies' sustainability efforts to reduce climate impact. Let Leach Advisors create your next corporate sustainability report so your stakeholders are in the know. Let's get started!
During this year's proxy season, shareholders vote on initiatives, with climate change a key concern. A study by Ceres finds a record 263 climate-related resolutions were filed this year with the consumer goods sectors receiving the most proposals. Why are CPG companies seeing so many climate-related ESG proposals? Leach Advisors creates sustainability reports for companies to communicate their commitment to ESG initiatives. How can we help you?
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Tomorrow it's on! Don't forget to register 👉 Sustainability reporting deadlines are approaching. What is the impact on operations and the future of our industry? Can't make it? No worries; register anyway. We'll send you the recording afterwards. Even if your company doesn’t currently need to monitor and report on sustainability practices, it's crucial to understand that the bar has been raised. It has far-reaching implications for everyone. We are lucky to have two absolute authorities on the subject in the webinar: - Fred Van Aken, ESG expert at Conceptional B.V., will shed light on existing and upcoming regulations. - Kaj Török, Chief Sustainability Officer at MAX Burgers, will share the sustainability strategies and tactics of the chain (170+ locations) and how it, boosted revenue and bottom line. This webinar is a unique opportunity to learn from industry leaders and gain actionable strategies for your business. 🔗 Link in the comments #webinar #esg #restaurantindustry #foodserviceindustry #sustainability #carbonfootprint #reporting #CO2
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"Beyond the Green Hype: The True Cost of Greenwashing 🌍 This article👇🏼 in the Harvard Business Review is very good for understanding the impact of this practice. Greenwashing, the practice of making misleading claims about a product, service, or company's environmental benefits, can have significant repercussions for businesses. Here are five key takeaways from the article: ▶️ Consumer Distrust: Greenwashing erodes consumer trust. When consumers discover that environmental claims are exaggerated or false, they can significantly lose brand credibility and customer loyalty. ▶️ Regulatory Scrutiny: As governments and regulatory bodies become more vigilant about environmental claims, companies engaging in greenwashing face increased scrutiny, fines, and legal repercussions, which can impact their bottom line. ▶️ Investor Backlash: Investors are increasingly prioritizing sustainability. Companies caught greenwashing risk losing investor confidence, leading to potential divestment and decreased stock value. ▶️ Employee Morale: Greenwashing can demoralize employees who value corporate integrity and environmental responsibility. This can lead to reduced productivity, higher turnover rates, and difficulty attracting top talent. ▶️ Competitive Disadvantage: Authentic sustainability initiatives are a competitive edge. Companies found greenwashing not only lose this edge but also damage their market position, as consumers and partners opt for genuinely sustainable alternatives. Unfortunately, it is a reality, but thousands of companies and organizations are creating a real impact. Read the full article here: https://lnkd.in/exuyXJJH #Sustainability #Greenwashing #CorporateResponsibility #BusinessEthics #HBR #Innovation
How Greenwashing Affects the Bottom Line
hbr.org
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Lately I've been reflecting on anti-ESG news I'm reading and what it means for the future of ESG. As a preparer of ESG disclosures, my take on it is that ESG is just getting harder. With the initial momentum behind us, what is left to accomplish are complex challenges like global tracking of plastic packaging attributes, or keeping a net-zero plan on track while a successful business is ultimately growing its overall footprint. And these things are really not easy - it's easier to just stop trying and focus somewhere else. Perhaps the focus on ESG metrics will wane, but a business that is interested in long-term viability will always benefit from understanding its impact on the planet, and how the planet impacts its business. It is an unavoidable reality that the planet is always changing, and it is proven through history. As long as the data points are relevant and reliable, ESG information is crucial to understanding your business holistically and how you will need to pivot over the years. With that said, I'm proud to be a part of the issuance of Loblaw's 17th annual ESG report and 2nd annual ESG data sheets. We cover a whole lot of different topics and provide more metrics than we ever have - all while making sure our disclosure - and progress - is transparent and accurate. I hope you will read it!
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ESG factors are becoming increasingly important for businesses of all sizes. A recent study shows that 40% of exec boards and 70% of high net worth families consider ESG a top priority. But what exactly is ESG, and why should you care? Victoria Symons explores the growing importance of ESG and offers practical advice for businesses getting started. #ESG #sustainability #corporateresponsibility
Uncorking sustainability: ESG challenges and opportunities in wine
https://www.cripps.co.uk
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As Earth Week comes to a close, we are reminded of the pivotal role businesses play in spearheading sustainable change. Every decision influences a vast network within supply chains, presenting a unique opportunity to prioritize environmental and community well-being. Showcasing robust Environmental, Social, and Governance (ESG) practices with transparent reporting not only underscores a company's purpose but also amplifies its impact. Discover how Pivot guided a prominent plant-based food and beverage company in enhancing its sustainability narrative through an in-depth ESG report: https://lnkd.in/gDb3rUCy You have a story. We'd love to help you tell it. Connect with us to explore how we can assist your team in developing a compelling ESG strategy that resonates and inspires. #Sustainability #EarthDay #ESG #EarthWeek
ESG reporting
https://pivotstrategies.com
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