I recently prepared a version of this for a client. Would you believe all of this happened in 1 month! It really illustrates the breakneck speed at which the legislative and regulatory landscape is changing with regards to ESG/Sustainability!!
CSRD Original article link-May 2021 On the 22nd February 2022 the European Council finalised its position proposal for a corporate sustainability reporting directive (CSRD), representing another decisive step in the development of a European regulatory framework for sustainable finance. This article outlines the main areas/headings for reporting and the updated timelines for implementation. Ultimately, companies (undertakings)…
I would like to introduce the newest member of the team, Susan O’Reilly PhD. We started working together during the summer and quickly realised that our offerings complimented each other, and made the decision to formalise the partnership! Susan provides training and advisory services on the adaption of circular economics in business and community operations,…
This image illustrates how I felt after reading the governments most recent ‘edition’ of Ireland’s plan to tackle the existing climate crisis.
The UK have implemented strict public procurement selection criteria, forcing businesses to calculate and report on their carbon emissions. Ireland is likely to follow suit.
One of the primary objectives of SFDR is the standardisation of environmental data and performance indicators allowing transparent comparability for end investors. Not surprisingly there is a concern is that the ‘compliance burden’ could be considerable, and indeed for some smaller organisations prohibitive.
Commissioner Mairead McGuinness wastes no time in starting work on drafting Sustainability Reporting Standards for the proposed Corporate Sustainability Reporting Directive.
On the 21st of April the European Commission released its proposal for a new corporate reporting directive that focuses on sustainability. The scope and impact of this Directive cannot be understated. It is widely accepted that the objectives and targets are ambitious, reflecting the urgency of the challenges that face Europe, in particular with regards to Climate Change.
This article from the Irish Times special report on Green Finance outlines the impact of European Commission regulations, that will I believe in time, force the redirection of cash into sustainable investments.
The EU’s Sustainable Finance Disclosure Regulations will result in a material increase in the demand for data collection, storage and processing from all organisations that are either directly or indirectly effected by the legislation.
This article examines the impact of the EU’s recent Taxonomy and Disclosures Regulations on ESG/Sustainability Policies.
What do you get when you combine Finance, Quality and Environmental Economics?
SMEs represent the largest sector in the global economy. Therefore it is essential that this cohort understand the growing need and expectation for improved sustainability, and how they as a sector can contribute through the implementation of relevant and effective Environmental Management Systems (EMS).
Whilst the agreement ensures that trade won’t be subject to new tariffs or quotas there now exists new regulatory barriers that make it more costly and burdensome for the UK to trade with the EU.
This video outlines the main steps of a popular CGMA toolkit for effective scenario planning, something which all businesses will need to be able to do in 2021/2022.
Making good decisions has never been more important or more difficult for businesses. This video briefly talks about the eight traps decision makers fall into without realising it! Although we cannot eliminate these pitfalls, being aware of them can help you manage them and mitigate the negative effects.
I was inspired to write this article by three visionary and innovative entrepreneurs I had the pleasure of meeting in August, whose products and services not only help make Irish society more environmentally responsible and sustainable, but will save businesses a lot of money by eliminating unnecessary waste! Did you know…… There are more than…
With an initial outlay of anywhere between €5.5k to €15k and annual costs of €1-€2.5k many businesses rightly question the value of ISO:9001 and whether or not they will see a positive return on their investment. If the decision to implement an ISO:9001 Quality Management System is internally motivated and implemented correctly then the answer…
The unprecedented working from home experiment that has been forced upon businesses of all shapes and sizes appears to be somewhat of a surprising success. A recent study published in the Harvard Business Review (Bernstein et al, 2020) indicates positive feedback from employees with regards to their ability to adapt and increased productivity. For their…
I really enjoyed being on the Brendan O’ Connor show yesterday. It was an interesting experience having my article critiqued by the panel!I was very pleased to get the support of Dr Conor Skehan and completely agree with his point that this initiative could easily be led by the government. The state employs over 300,000…
Let’s plough on with turning things upside-down and considering or even normalising things we never thought we would; like longing for actual physical skin on skin contact as opposed to screens…..and….yes its happened, we are contemplating life in Ireland without pubs for the foreseeable future!! I am proposing we go mad and get rid of…
At this point it’s impossible to predict the economic impact of the current public health crisis, however all the indications are that the underbelly of the US Economy is fragile and the Federal Reserve’s strategy of essentially printing money may not be enough to avoid a deep and prolonged recession.Unprecedented levels of private debt have…
Did you know…. SMEs accounted for 99.8% of total number of enterprises in 2017 and over 68% of all persons engaged SMEs generated 50.2% of total Turnover in the business economy and almost 39% of Gross Value Added was attributed to these enterprises. This is worth protecting. Lets do our bit to minimise the economic…
