Sustainability Square
A place for thought leadership, SME-specific news and sustainability information sharing.
SMEs, the time is now!
As the US and Canada edge closer to enforcing mandatory climate disclosure standards, SMEs must act now to stay ahead. This blog delves into the implications of ISSB and TCFD integration and offers insights on how SMEs can leverage this transition as a competitive advantage. Discover key strategies for aligning with international frameworks and preparing for the regulatory changes.
Beyond the Façade: Sustainability is About to Get Real
As mandatory ESG disclosures become the norm, companies face the challenge of aligning their reports with global standards. This shift towards greater transparency in sustainability reporting will enable investors to better assess climate-related risks. For SMEs, adapting quickly by integrating ESG principles into their strategies is crucial. This new era of ESG transparency is not just about compliance; it's an opportunity to drive sustainable business models and contribute to a more responsible global economy.
SMEs: Pillars of Change
For SMEs, sustainability depends on strategic stakeholder engagement. Research confirms robust stakeholder relationships serve as a unique selling point—one that differentiates you from the competition. This article explores how small and mid-size enterprises can align ESG initiatives with local community needs and positively embrace stakeholder feedback for continual improvement. Get proven tips to leverage sustainability programs for stronger trust, reputation enhancement, and authentic sustainable growth.
High Liner Cuts Ties: Bill S-211 on the Horizon
Bill S-211, Canada's new law effective January 1, 2024, mandates transparency and ethical practices in supply chains, targeting forced and child labor. Companies must disclose actions against forced labor annually, with non-compliance leading to financial penalties. High Liner Foods' response to a supplier involved in forced labor highlights the need for diligent supply chain management. This law is not just about compliance; it's an opportunity for businesses to improve global labor practices, requiring risk assessments, due diligence, and clear policies against unethical labor.
Sustainability Surge: SMEs Can Drive Canada’s Oil & Gas Transformation
Discover how Small and Medium Enterprises (SMEs) are pivotal in transforming Canada's Oil & Gas sector. Learn about their strategies for meeting stringent emission regulations and contributing to a sustainable future.
Closing the Greenwashing Gap: The New ESG Imperative for Business Integrity and Growth
In a shifting ESG landscape, SMEs face the challenge of transparent reporting and the opportunity to lead in sustainability. Aligning with standards like ISSB and CSRD is crucial for credibility and growth. Now is the time for proactive, honest ESG strategies to secure a sustainable future.
G7 Emissions reduction: CANADA WORST PERFORMER
Canada, labeled the worst in G7 for emissions reduction, faces strained global relations and trade impacts. This scenario challenges SMEs to adapt to regulatory changes and sustainable practices, offering opportunities for innovation and market growth in green sectors. As Canada aims for 2030 climate goals, SMEs' role in aligning with sustainability becomes crucial for national and business success.
New ESG and Sustainability Regulations: Essential Guide for SMEs
7 Centre's 30-day awareness campaign equips SMEs for upcoming ESG regulations, focusing on reporting, climate data, and competitive strategies in a low-carbon economy. Join to transform challenges into opportunities. #NailTheCompetition
Embrace the Inevitable: The Proactive Approach to Sustainability
Companies, irrespective of size, are navigating a sea change in regulatory requirements, with mandatory sustainability reporting becoming a focal point in the US and Canada. This article sheds light on imminent regulatory changes, the implications for companies, and the strategic advantage of embracing sustainability. Discover how aligning with these shifts not only mitigates risks but also propels companies to the forefront of corporate responsibility and sustainability.