Nearly half the members of the Net Zero Insurers Alliance (NZIA) have pulled out of the global insurance network for addressing climate change. Many reports cite the pressure of the growing politicisation of ESG, especially in the US, but the news also fits the growing awareness that targeting, and achieving, net zero is going to be a lot harder than simply making a commitment.
While the new Corporate Sustainability Reporting Directive (CSRD) is going to impact thousands of companies, both within the EU and outside, only a few are ready to comply with its requirements. Mandatory reporting requirements on environmental and social impact are accelerating and new approaches must be found to meet the challenge.
By Joanna Morris, head of marketing and insight at Novuna Business Finance
With the UN Intergovernmental Panel on Climate Change (IPCC) report concluding that humanity had the tools to curb climate change, in what was a “rapidly closing window”, head of marketing and insight at Novuna Business Finance, Joanna Morris, discusses how translating small businesses' desire to tackle the climate emergency into action is key.
Research released by the World Federation of Advertisers (WFA) and Kantos found a lack of sustainability skills and knowledge is hampering the marketing profession from clearly and effectively communicating its strategies – resulting in a higher risk of greenwash.