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7 Sep 17

Defra 2017 conversion factors: what’s changed?

It’s that time of year again when Defra releases new UK Government conversion factors for company GHG reporting. We’ve looked into what’s new and have listed below the most notable changes in this year’s release.

Updates generally consist of modifications to existing methodologies, although this year also includes the addition of entirely new factors to account for overnight hotel stays, and to meet the rising use of electric vehicles.

Emissions factors , Environment

29 Aug 17

Sustainability reporting: the missing piece in the efficiency puzzle

The following article was recently published by Greenstone's client Sustainable Homes. 

In a world awash with data, choosing the appropriate indicators to measure and monitor makes all the difference in improving business performance. Traditionally, financial metrics have been the single most important tool in measuring an organisation’s and even a country’s success. This has started to change in the last few decades due to growing concerns around environmental and social impacts of businesses. An increasing number of investors now demand data on environmental, social and governance (ESG) performance just as they would request key financial information. [1, 2]

Sustainability , Non-Financial Reporting , Environment

1 Aug 17

Greenstone releases guide on reporting Scope 2 market-based emissions

Since the introduction of the GHG Protocol’s new guidance on Scope 2 emissions in 2015, companies have had the opportunity to report the emissions associated with their electricity consumption in a way that more accurately reflects their purchasing choices; the market-based approach.

This means electricity obtained from a low-carbon supplier can now be reflected in your Scope 2 reporting. However, there has been a lot of confusion on how to calculate and report market-based emissions, particularly when it comes to purchased renewable electricity.

Non-Financial Reporting , Environment , Scope 2

11 Jul 17

Sector survey: Future innovations in non-financial reporting 2017

Greenstone is conducting a sector survey on future innovations in non-financial reporting. As companies begin to look at how AI and future technologies will impact their business, what are the opportunities for innovation to shape how they report their non-financial impacts?

Greenstone has been providing non-financial reporting software and services to organisations for over 10 years, and through our clients we have witnessed the ever changing reporting landscape first hand.

Non-Financial Reporting , Event

29 Jun 17

CDP and beyond - Close Brothers' environmental reporting journey

An interview with Close Brothers’ Head of Health & Safety & Environment, Sally Griffin

What has Close Brothers’ environmental reporting journey looked like to date?

Here at Close Brothers we care about the environment we operate in and are aware of our responsibility to protect natural resources and to behave sustainably. We believe, that as a financial services company, our environmental impact is limited and mostly driven by staff travel, our supply chain and our office network.

Environment , CDP

26 Jun 17

6 steps to take towards successful supplier management

For many organisations the supply chain is becoming an increasing area of focus, and this is not just because of the increasing risks posed by more global and complex supply chains, but also due to the opportunities presented.

In recent years there has been increased scrutiny placed upon those organisations whose supply chains contain sub-standard suppliers, producers or factories. Whereas previously issues with working conditions, for example, may have been directed at employers or owners, the new norm is that those at the top of the supply chain should be exerting a more positive influence.

Supplier Compliance , Supplier Management , SupplierPortal , supplychain

23 Jun 17

New SupplierPortal release - contract management

Greenstone is updating its SupplierPortal software to make it even easier for clients to manage and monitor all of their suppliers. We have listened to client feedback and seen the increasing need for more standardised supplier management processes and software.

SupplierPortal is designed to help your organisation manage all of your suppliers in one place. For many of our clients, sending out supplier assessment questionnaires through SupplierPortal means engaging with only a proportion of their overall supplier network, and while this can be sufficient often the remaining suppliers still need to be understood and managed. The SupplierPortal solution, particularly with the addition of new contract management functionality, ensures greater transparency across your entire supplier network.

SupplierPortal

13 Jun 17

EU Non-Financial Reporting Directive - what it means for UK companies

The European Union (EU) Non-Financial Reporting Directive (NFRD) came into force in December 2014, with the deadline for member states to introduce the provisions passing late last year. Despite the vote for Brexit, the UK remains a full EU member until negotiations are concluded, meaning companies will have to comply with the new reporting requirements of the UK’s implementation. Here is everything you need to know and what you need to do.

Non-Financial Reporting , Environment

25 May 17

Greenstone sponsors Ethical Corporation's Responsible Business Summit Europe

Greenstone is supporting Ethical Corporation to drive the movement for 500 responsible business, CSR, communication and sustainability executives to quantify social impact. We will be joining Ethical Corporation’s 16th Responsible Business Summit Europe  taking place on 7-8 June 2017 at the Hilton Tower Bridge in London.  

Event

24 May 17

ISO 14001 update - what you need to know about the key changes

Whilst designed to help companies reduce their environmental impact, ISO 14001 is also a key requirement for companies to win work through tendering. The management system standard was updated in 2015 and companies need to transition to keep their certification.  

We spoke with Darren Chadwick, Managing Partner of sustainability strategy consultancy Brite Green to find about the changes to the standard and what they mean for companies.

Environment