Latest Updates in ESG! ?? ??the LEGO Group presents tires composed of 30% recycled materials using more than 30% recyclable materials, such as fishing nets, ropes, and engine oil, the LEGO Group revealed new tires. ??Some LEGO sets already have these cutting-edge tires, and a full deployment is anticipated by the end of the year.? ??LEGO's goal to use more recycled and renewable resources by 2032 is in line with this action. ??Apple shareholders strongly oppose proposal to end DEI Programs: A proposal to do away with the company's Diversity, Equity, and Inclusion (DEI) policies was rejected by 97% of Apple shareholders. ??Policies that incorporate diversity concerns into employee performance appraisals and Apple's Supplier Diversity Program are examples of DEI initiatives. ??In order to accelerate EGC's growth and position it as a leading decarbonization partner for the real estate sector, KKR and EGC have formed a strategic collaboration that will drive real estate decarbonization in Germany. This partnership also includes ITG, an engineering services supplier.?? ??In order to ensure that every employee contributes to the company's future and reaps the rewards of its success, KKR will also implement an employee ownership model at EGC.?? ??Over 150,000 non-management staff have already been involved in the implementation of this approach in 60 portfolio firms across the globe. ??Canada postpones the requirement that banks and insurance providers disclose funded emissions by three years.? ??One of the changes made to Canada's financial regulator, the Office of the Superintendent of Financial Institutions (OSFI), regarding climate-related financial disclosure expectations for banks and insurance companies was a significant delay of the requirement for firms to disclose the emissions originating in their loan books and underwriting activities, which was supposed to begin next year.? ?? OSFI deferred the implementation date of Scope 3 emissions reporting to begin in fiscal year 2028, which is three years later than first planned. According to the regulator, the modification is intended to ensure that its rules meet the latest criteria set by the Canadian Sustainability criteria Board (CSSB). ??OSFI's update also provided the implementation date for the disclosure of off-balance sheet emissions, including those from capital markets operations; reporting is expected to begin in fiscal year 2029. ?Visit our website to know more about us https://lnkd.in/dm3HMWrW
