Why Is It Important For Your Organization To Adopt The Net Zero Strategy?
Since the 19th century, utilizing fossil fuels such as coal, oil, and gas has been the primary cause of climate change, largely attributable to human activity. Oceans are warming, and sea levels are rising. For a sustainable future, we must...
7 Steps To Choose The Best Supply Chain Optimization Software
‘Insufficient Stock!’ When you view this notification as a client, your dissatisfaction is at an all-time high. Isn’t it? But as a business owner, you might regret making this error. Poor supply chain management is the biggest cause of products...
How A Team Optimization Tool Can Help You Reach Your Supplier Diversity Goals?
Like several business terminologies, supplier diversity is a general industrial strategy that ensures a diverse supplier base when buying services and goods for any business or corporation. It emphasizes the creation of a broad supply chain that works to protect...
AI-Driven Solutions For Successful Workflow In Data Driven Enterprises
The ability of machines, especially computer systems, to imitate human intellectual functions is known as artificial intelligence. Examples of particular AI applications include expert systems, machine learning, speech recognition, natural language processing, and machine vision. Artificial intelligence (AI)-powered analytics are...
In What Way Can SEC’s ESG Disclosure Proposal Benefit Mutual Fund Investors?
What Is The SEC’s ESG Disclosure Proposal? The SEC’s (Securities and Exchange Commission) ESG Disclosure proposal is a proposed rule change requiring mutual fund companies to disclose their Environmental, Social, and Governance (ESG) risks. ESG risks are those associated with...
Importance of Supplier Diversity in An Organization
The global pandemic reminded us of the value of diversity, equity, and inclusion (DEI) in every sphere of our society. The world of business is not an exception. Businesses that prioritize DEI are in a good position to benefit more...
A complete guide to the Inflation Reduction Act and its impact on ESG
The Inflation Reduction Act-22 (IRA22) is a significant United States law that aims to lower the prices of prescription drugs, reduce the deficit, and invest in the production of domestic energy while encouraging clean energy use. On August 16, 2022,...
Corporate Social Responsibility And Its Global Impact
Businesses are implementing more and more socially conscious practices, policies, and procedures. A corporation’s financial line benefits from a corporate social responsibility (CSR) policy, but so do its stakeholders, customers, employees, local communities, the environment, and society in general. Therefore,...
Switch From CSR To ESG Reporting
Environmental, social, and governance (ESG) and Corporate Social Responsibility (CSR) are frequently used in the same sentence. However, in some cases, they may even use them interchangeably. However, they are not the same thing. When it comes to revealing and...