Global | Publication | October 2020
The rise in prominence of environmental, social and governance (ESG), or sustainability issues, is increasingly significant for businesses globally. The escalation of sustainability issues into a core business concern has been a steady and continuous progression over the past several years as the legal and regulatory landscape changes and expectations of investors, employees, consumers, regulators and other stakeholders grow.
Now more than ever, investors are prioritizing ESG risks and opportunities and incorporating sustainability criteria into their investment and valuation decisions. ESG issues such as climate change, labour standards, human rights, modern slavery and corporate governance are assessed to determine the long-term impact these issues may have on future corporate growth. Investors perceive companies with strong sustainability programs as one of the key indicators of sound and reliable performance going forward.
In this section, we explore the rapidly changing legal and regulatory landscape, including standards and initiatives as they relate to ESG, as well as how sustainability issues, policies and markets are affecting food companies and agribusinesses.
Alberta launches agribusiness challenge to reduce greenhouse gas emissions
Food producers, processors and agribusinesses are facing increasing pressure to expand the production of locally-grown food, while curbing emissions and operating in a more sustainable manner.
Environmental, social and governance performance and cannabis
The link between positive environmental, social and governance (ESG) performance and economic growth is not new.
Innovation in sustainable agricultural practices
Climate change is a critical and emotionally-charged issue.
Climate change and the food and agribusiness sectors: adaptation, mitigation and innovation
The recent Intergovernmental Panel on Climate Change (IPCC) Report on the Impacts of Global Warming warned that the world is already seeing the consequences of global warming of 1°C, with more frequent and extreme weather, rising sea levels, diminishing Arctic sea ice, ocean acidification, land degradation and desertification, among other changes.
Agricultural infrastructure for resilience against climate change
Climate change is a significant challenge for agriculture.
Transitioning from brown to green: the use of transition bonds and green bonds, and sustainability-linked financing in agribusiness
Two of the most pressing issues currently facing our planet are rising carbon emissions and increasing global food demand.
Climate change disputes: a food and agribusiness perspective
As scientific consensus over the evidence of climate change and humanity’s causal impact continues to mount, the scrutiny of state and corporate action, or inaction, as contributors to climate risk is intensifying.
Women at sea: What you don’t see
Nina Varumo is a freelance portrait and documentary photographer based in Stockholm. A recent project of hers Kvinnor till sjöss (‘Women at sea’) is on ongoing photo series highlighting the working life of female seafarers in order to change the stereotypical image of what and who is a seafarer.
“Double materiality”: What does it mean for non-financial reporting?
Companies have been publicly reporting on their financial performance for over a hundred years. However, they are increasingly having to make public non-financial disclosures relating to sustainability and environmental, social and governance (ESG) matters as a result of rules, laws and regulations issued by stock exchanges, governments and regulators worldwide.