EVA Air makes history by becoming the top-ranked airline in the 2024 S&P Global Sustainability Assessment and joining the DJSI Emerging Markets Index. Their commitment to ESG is evident in their use of Sustainable Aviation Fuel (SAF), reducing carbon emissions and earning numerous awards. This achievement positions them as a leader in sustainable aviation practices.
A groundbreaking coalition, spearheaded by Microsoft and Acadia Infrastructure Capital, targets a massive 5 GW of renewable energy development over five years, promising billions in investment and prioritizing community benefits and environmental justice. The initiative aims to prevent 15 billion pounds of carbon emissions annually.
A new report by Climate Impact Partners reveals that despite economic uncertainties and ESG backlash, the number of Fortune Global 500 companies committed to reaching net zero emissions by 2050 has increased to 45%, up from 39% last year. The report also highlights the growing use of carbon credits by businesses to meet their climate goals.
Corporate sustainability programs are increasingly essential for businesses, offering benefits such as reduced carbon footprints, improved brand reputation, and increased employee retention. However, a report by The Conference Board reveals that many companies have room for improvement in integrating sustainability. Only 31% of sustainability executives report fully implemented programs, with 48% in the mid-stage of maturity and 21% in the early stages. Key challenges include organizing and implementing sustainability strategies, embedding sustainability into corporate culture, and effectively communicating sustainability initiatives. The report provides insights for chief sustainability officers (CSOs) and C-suite executives to navigate these challenges and drive successful sustainability transformations.
