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The Bank Everyone Can Trust and Rely On
May Myat Thu, Ayeyarwady Bank
Ayeyarwady BankAYA Bank has strived to become a “trusted partner” for everyone in the community and all its stakeholders, as its slogan indicates. To effectively become a partner that everyone trusts, AYA Bank believes in committing to the Ten Principles of the United Nations Global Compact as part of its strategy and practice, focusing on fulfilling its corporate social responsibilities to the community it serves. more[...]
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Traceability models
Editorial TeamThere are three main models in terms of how traceability schemes trace sustainability claims. These models offer different approaches to tracking a claim and confirming it at each point in the supply chain. The three models are Product Segregation, Mass Balance, and Book and Claim. They are differentiated by the extent to which certified and non-certified materials are permitted to mix, as well as by claims that can be attached to the final product. more[...]
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UN Global Compact launches Food and Agriculture Business Principles
The UN Global Compact unveiled a set of six principles that food and agriculture businesses worldwide can adopt to meet food security challenges more effectively and sustainably. more[...]
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AAIB: The First Bank in Egypt to Measure Its Carbon Footprint
Perihan Abdel Ghaly, Arab African International Bank
Maha Hasebou, Arab African International Bank
Arab African International BankDespite the fact that Egypt is not among the top carbon dioxide emitters in the world, the notion of “the earlier … the better” has always been a key driving force for Arab African International Bank (AAIB), which is creating awareness in the banking industry about tackling climate change by measuring its carbon footprint and publishing its first Carbon Footprint Report. From Kyoto to the Rio+20 Summit the interest in global warming and climate change has grown exponentially over the past 10 years. The Kyoto Protocol was introduced in 1997 in Japan and entered into force in 2005. The Protocol’s main goal was to reduce the carbon footprint of some countries compared to the level of emissions they had in 1990. more[...]
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Christina Figueres: A Pathway Toward Carbon Neutrality
Interview with Ms. Christiana Figueres, Executive Secretary of the UN Framework Convention on Climate Change (UNFCCC) more[...]
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Reducing Carbon Emissions in Everyday Life
Dr. Nicola Schuldt-Baumgart, ISOE - Institute for Social-Ecological Research
Dr. Immanuel Stieß, ISOE - Institute for Social-Ecological ResearchWhen it comes to protecting the climate, the focus is usually on business and industry. Less well-known is the fact that more than half of the total annual carbon footprint per person (11 tons) is the direct or indirect product of private households. more[...]
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Aligning Flows of Capital with Tackling Climate Change
James Leaton, Carbon Tracker InitiativeThe Carbon Tracker Initiative (CTI) was set up a few years ago to investigate what levels of future carbon emissions were being financed. By comparing the stocks of carbon in the form of coal, oil, and gas in the ground with carbon budgets that equate to degrees of warming, we have demonstrated the huge overhang of carbon in our energy system – what we refer to as “unburnable carbon.” more[...]
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Where does CSR begin? Where does it end?
Dr. Elmer LenzenCorporate social responsibility (CSR) has become firmly established in the business lexicon. Although some conversation partners still need to be reminded of what CSR really is and why it is important, most of them understand its value by now. Indeed, this leads to many different expectations for CSR, such that discussions around it today are shifting toward putting limits on the term and creating rules around it. Where does CSR begin? Where does it end? more[...]
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