Corporate sustainability

COPT Defense Exceeds Development Leasing Guidance and Vacancy Leasing Target in 2023

Retrieved on: 
Thursday, January 11, 2024

COPT Defense Properties (NYSE: CDP) (“COPT Defense” or the “Company”) executed a long-term lease with a Fortune 100 company for a 225,000 square foot, build-to-suit development in Northern Virginia in the fourth quarter of 2023.

Key Points: 
  • COPT Defense Properties (NYSE: CDP) (“COPT Defense” or the “Company”) executed a long-term lease with a Fortune 100 company for a 225,000 square foot, build-to-suit development in Northern Virginia in the fourth quarter of 2023.
  • In 2023, COPT Defense executed 747,000 square feet of development leasing, which exceeded the midpoint of 2023 guidance of 700,000 square feet.
  • COPT Defense also completed 452,000 square feet of vacancy leasing during 2023, with a weighted-average lease term of over 9 years, which exceeded the target of 400,000 square feet and included 361,000 square feet of leasing in the Defense/IT Portfolio.
  • The Company completed 115,000 square feet of vacancy leasing in the fourth quarter of 2023, which included 50,000 square feet of leasing in the Defense/IT Portfolio.

ESMA consults on draft guidelines for supervision of corporate sustainability information

Retrieved on: 
Tuesday, January 2, 2024

ESMA consults on draft guidelines for supervision of corporate sustainability information

Key Points: 
  • ESMA consults on draft guidelines for supervision of corporate sustainability information
    15/12/2023
    The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has launched a consultation on a set of draft Guidelines on Enforcement of Sustainability Information and is inviting comments from interested stakeholders by 15 March 2024.
  • The main goals of the draft Guidelines are to:
    - Ensure that national competent authorities carry out their supervision of listed companies’ sustainability information under the Corporate Sustainability Reporting Directive (CSRD), the European Sustainability Reporting Standards and Article 8 of the Taxonomy Regulation in a converged manner; and
    - Establish consistency in, and equally robust approaches to, the supervision of listed companies’ sustainability and financial information; this will facilitate increased connectivity between the two types of reporting.
  • The consultation paper will be of interest to listed companies required to publish sustainability information by the CSRD and Article 8 of the Taxonomy Regulation, to investors and other users of sustainability information and to auditors and independent assurance services providers.
  • Next steps
    ESMA will consider the feedback received and expects to publish the final Guidelines in Q3 2024.

eDriving Launches New EcoReport Sustainability Reporting Solution for Fleets

Retrieved on: 
Tuesday, November 28, 2023

Now, with the launch of EcoReport, companies can quantify their driving-related CO2 emissions while showcasing the results of their climate impact reduction efforts in a ready-made Environmental, Social & Governance (ESG) reporting solution.

Key Points: 
  • Now, with the launch of EcoReport, companies can quantify their driving-related CO2 emissions while showcasing the results of their climate impact reduction efforts in a ready-made Environmental, Social & Governance (ESG) reporting solution.
  • "We're so proud of eDriving for elevating their role in safety and sustainability management to help fleets get to grips with ESG reporting requirements," said Liselott Johansson, CEO, Greater Than.
  • "Globally, more fleets will be seeking a solution that enables them to fulfil legislation, meet the pressures of stakeholders, demonstrate their sustainability commitments, and win potential new deals - eDriving has just launched that solution."
  • The integration of Greater Than's EcoDrive feature enables eDriving to extend Mentor's value proposition beyond a comprehensive driver safety solution as a holistic driver safety AND sustainability solution.

Cortex Releases its Annual Sustainability Report with 2024 Predictions for the CRE Industry & Reflections on 2023 Milestones

Retrieved on: 
Tuesday, December 12, 2023

NASHVILLE, Tenn., Dec. 12, 2023 (GLOBE NEWSWIRE) -- Cortex Sustainability Intelligence , an industry-leading decarbonization platform tailored for commercial real estate, has released its annual CRE Sustainability Trends report .

Key Points: 
  • NASHVILLE, Tenn., Dec. 12, 2023 (GLOBE NEWSWIRE) -- Cortex Sustainability Intelligence , an industry-leading decarbonization platform tailored for commercial real estate, has released its annual CRE Sustainability Trends report .
  • The report sheds light on pivotal factors shaping sustainability in commercial real estate, with a specific spotlight on the office asset class.
  • The report from Cortex focuses on three predictions for the year ahead based on the analysis of 2023 events and its prior predictions.
  • As the CRE industry enters 2024, successful decarbonization requires collaborative efforts from investors, regulators, tenants, and owners.

Wolters Kluwer confirms position as a top ESG software provider by being named a Leader in Enterprise Carbon Management software

Retrieved on: 
Wednesday, December 6, 2023

Recently, Wolters Kluwer CP & ESG announced the integration of ESG reporting and disclosure functionality from its CCH Tagetik Corporate Performance Management solution into its Enablon ESG Excellence solution.

Key Points: 
  • Recently, Wolters Kluwer CP & ESG announced the integration of ESG reporting and disclosure functionality from its CCH Tagetik Corporate Performance Management solution into its Enablon ESG Excellence solution.
  • Rob Davis, Vice President of Product Management at Wolters Kluwer Enablon, said:
    “Leading organizations understand that achieving net zero goals and superior ESG performance are both impossible without the right tools to effectively manage and track carbon emissions, enterprise-wide.
  • That’s why we’re honored that Verdantix has recognized Wolters Kluwer as a Leader in this Enterprise Carbon Management Software report.
  • Because we know how important a robust data management strategy is to a successful carbon management and ESG program, we’re particularly thrilled to have achieved top scores in crucial categories related to data management.”

Astec Releases Inaugural Corporate Sustainability Report

Retrieved on: 
Tuesday, December 5, 2023

CHATTANOOGA, Tenn., Dec. 05, 2023 (GLOBE NEWSWIRE) -- Astec Industries, Inc. (NASDAQ: ASTE) announced today the release of its 2023 Corporate Sustainability Report.

Key Points: 
  • CHATTANOOGA, Tenn., Dec. 05, 2023 (GLOBE NEWSWIRE) -- Astec Industries, Inc. (NASDAQ: ASTE) announced today the release of its 2023 Corporate Sustainability Report.
  • The report provides details of the company’s environmental, social and governance (ESG) journey.
  • “I am pleased to share our inaugural Corporate Sustainability Report,” said Jaco van der Merwe, President and Chief Executive Officer of Astec.
  • The 2023 Corporate Sustainability Report provides a foundation from which we can move forward with the goal of long-term sustainable growth.”

Groundbreaking HRS Technology Elevates Sustainable Corporate Practices by Helping Hotels Compensate for Unavoidable Emissions

Retrieved on: 
Monday, November 20, 2023

HRS’ groundbreaking Emissions Compensation Program (ECP) effectively facilitates an automated process for hotels to compensate for unavoidable emissions related to the stay of corporate travelers.

Key Points: 
  • HRS’ groundbreaking Emissions Compensation Program (ECP) effectively facilitates an automated process for hotels to compensate for unavoidable emissions related to the stay of corporate travelers.
  • To help the entire corporate lodging ecosystem efficiently take this step, HRS is introducing new technology – the Emissions Compensation Program (ECP).
  • The ECP enables high-performing Green Stay hotels to easily manage the compensation of unavoidable emissions related to the stay of corporate travelers.
  • Corporations, hoteliers and other parties interested in HRS’ Emissions Compensation Program can learn more via HRS’ website or by contacting their local HRS representative.

Alfa Laval launches pioneering solution to support sustainable practices in line with upcoming directives

Retrieved on: 
Tuesday, December 19, 2023

LUND, Sweden, Dec. 19, 2023 /PRNewswire/ -- Based on the strategic importance of sustainability, Alfa Laval introduces the Life-cycle Assessment Solution, an innovative software service.

Key Points: 
  • LUND, Sweden, Dec. 19, 2023 /PRNewswire/ -- Based on the strategic importance of sustainability, Alfa Laval introduces the Life-cycle Assessment Solution, an innovative software service.
  • The service tool can provide input for the EU Corporate Sustainability Reporting Directive (CSRD) and address the EU Green Claims Directive.
  • It will help Alfa Laval's food and beverage customers to specify necessary data demonstrating their environmental impact and compliance with the coming directives.
  • Compliance isn't just a legal requirement but a strategic commitment to ethical conduct, aligning with the stakeholders' expectations for responsible business practices and a sustainable future.

Wolters Kluwer enhances Enablon Platform with addition of CCH Tagetik ESG reporting and disclosure capabilities

Retrieved on: 
Tuesday, November 14, 2023

NEW YORK – November 14, 2023 – Wolters Kluwer Corporate Performance and ESG (CP & ESG) continues to deliver on its promise to integrate and extend its strong portfolio of financial and ESG solutions, this time by integrating ESG reporting and disclosure functionality from CCH Tagetik into its Enablon ESG Excellence solution.

Key Points: 
  • NEW YORK – November 14, 2023 – Wolters Kluwer Corporate Performance and ESG (CP & ESG) continues to deliver on its promise to integrate and extend its strong portfolio of financial and ESG solutions, this time by integrating ESG reporting and disclosure functionality from CCH Tagetik into its Enablon ESG Excellence solution.
  • In response to these fast-evolving trends, Wolters Kluwer CP & ESG has now added ESG reporting and disclosure capabilities to its Enablon ESG Excellence solution.
  • The new functionality combines environment, health and safety (EHS) and ESG data collection and analysis expertise from the company’s industry-leading Enablon ESG Excellence solution with the market-leading reporting and disclosure intelligence capabilities of its CCH Tagetik ESG & Sustainability Performance Management solution.
  • Additionally, Wolters Kluwer was named a “Top Vendor” in the inaugural 2023 Environmental, Social, and Governance Reporting (ESG) Market Study , published by Dresner Advisory Services .

Arrow Electronics’ ArrowSphere Supports the Move to XaaS with New Cloud Sustainability, Cost Optimization and Security Dashboards

Retrieved on: 
Thursday, December 7, 2023

Global technology provider Arrow Electronics (NYSE:ARW) introduced a series of significant updates to its cloud management platform ArrowSphere to help ease multicloud and hybrid cloud monitoring.

Key Points: 
  • Global technology provider Arrow Electronics (NYSE:ARW) introduced a series of significant updates to its cloud management platform ArrowSphere to help ease multicloud and hybrid cloud monitoring.
  • The updates are focused on three key pillars of cloud business excellence: sustainability (GreenOps), cost optimization (FinOps) and security (SecOps).
  • FinOps - The cost optimization dashboard allows channel partners to make informed decisions with their customers on how to optimize their cloud spend.
  • SecOps - The security dashboard delivers a unique scoring system, where 100% means complete security coverage.