Welcome to "Sustainability in Action"!

I like the summer! A time where things gradually pace down as many leave on vacation and where you find extra time to start some projects that you have been thinking about in a while. This newsletter is one of them!

At a time when the call for sustainable practices is louder than ever, yet uncertainty is greater than ever, this newsletter aims to keep you informed and inspired. Each month, I will share updates on my journey, projects in the field of sustainable development and ESG, provide you with some of the latest news and trends in the field, and curate a selection of valuable resources and reads to give you some food for thoughts.

You will also find invitations to upcoming events that can help expand your knowledge and network. Because together, we can make a positive impact and drive meaningful change!

Stay tuned for insightful articles, expert opinions, and actionable tips to help you integrate sustainability into your personal and professional life. Let's embark on this journey towards a more sustainable future, one step at a time.

Thank you for subscribing, and I look forward to connecting with you!

Magali

Spotlight of the month

What’s the difference between Sustainability and ESG?

Sustainability is a concept that refers to the capacity to be resilient in a relatively ongoing way across various domains of life. It is often broken down into three main pillars:

1. Environmental Sustainability: Focuses on protecting natural resources and ecosystems, reducing pollution, and minimizing waste.
2. Social Sustainability: Involves maintaining and improving social quality with concepts such as social equity, community development, and human rights.
3. Economic Sustainability: Aims for economic growth and development that does not come at the expense of environmental and social well-being.

In essence, Sustainability is about creating a balance that ensures long-term health and well-being for the planet and its inhabitants.

ESG (Environmental, Social, and Governance) is a framework used to evaluate the extent to which a corporation works on behalf of social goals that go beyond the role of a corporation to maximize profits on behalf of its shareholders. ESG criteria are a set of standards for a company’s operations that socially-conscious investors use to screen potential investments.

It includes:

1. Environmental Criteria: How a company performs as a steward of the natural environment. This includes energy and water use, waste, pollution, natural resource conservation, and protection of biodiversity.
2. Social Criteria: How a company manages relationships with key stakeholders such as employees, customers, suppliers, and the communities where it operates. This can include working conditions, health and safety, diversity, equity and inclusion, and human rights.
3. Governance Criteria: The company’s leadership, executive pay, audits, internal controls, and shareholders rights. This includes transparency, conformity and ethical business practices.

While Sustainability is a broader, holistic approach to maintaining the health and viability of ecosystems, economies, and societies, ESG is a specific set of criteria used to measure and evaluate a company's performance and impact in these areas. ESG factors are often used by investors to assess the ethical impact and sustainability practices of a company, helping to guide investment decisions towards more responsible and sustainable business practices.

Recent articles

Looking for some summer reads on Sustainability and ESG topics?

Here is a link to our website page. You will find various blogs and media interventions:

Blogue | Magali Depras

In the Media | Magali Depras

Events to mark on your Agenda

-??????? CPEQ Congress Montreal :

On September 18th I will join the first edition of the CPEQ Congress and will have the pleasure to moderate a panel on the topic of the circular economy.

Panelists include Maya Colombani, Chief Sustainability and Human Rights Officer L'Oréal Canada, Benoit Forcier, Senior Partner Circular Innovation Fund and Philippe Crête, Managing Director Fondaction.

Reserve your seat(s) here and make sure you save the day to meet the Montreal business community and engage conversations on the topics of Sustainability, ESG and the circular economy.

Congrès du CPEQ - Programmation

-??????? Global Top 50 Women Leaders in Sustainability :

I am thrilled to be nominated for the 2024 Global Top 50 Women Leaders in Sustainability Awards.

Quoting The SustainabilityX? Magazine : “Our core mission is to illuminate the trailblazing efforts of women who are seamlessly blending leadership with sustainability to address some of the most pressing challenges of our time.

This year, "Embrace Boldness" invites us to delve deeper into the narratives of women who, with their fearless resolve and pioneering spirit, are not just participating in the global sustainability dialogue but are actively shaping its future..."

Award winners will be revealed October 14th. Congratulations to all nominees and thank you for bringing my name forward for this 3rd edition. I am truly honored by this accolade and look forward to the results!