Latest news with #CorporateSustainabilityReportingDirective
Yahoo
2 days ago
- Business
- Yahoo
Integral Ad Science Partners With Impact Plus To Empower Advertisers to Tackle Digital Advertising Emissions
Global partnership will see sustaintech platform's carbon evaluation technology integrated into IAS's platform, enabling marketers to measure their media's environmental impact alongside quality and attention metrics NEW YORK, June 4, 2025 /PRNewswire/ -- Integral Ad Science (IAS), a leading global media measurement and optimization platform, and Impact Plus, a leading sustaintech solution, announced a new partnership that will allow advertisers to track and optimize the performance and sustainability of their digital media campaigns within one platform. With legislation like the California "Climate Corporate Data Accountability Act" as well as the EU's Corporate Sustainability Reporting Directive (CSRD) regulations, which require companies to report on their environmental impact, top of mind for businesses in 2025, IAS is further bolstering its carbon calculation capabilities for advertisers by integrating Impact Plus's technology into its media quality measurement platform. The integration with Impact Plus – a global pioneer in providing advertisers with solutions to evaluate and reduce the environmental impact of their online ads – will provide advertisers with campaign-level emissions that are seamlessly incorporated into IAS reports, providing a holistic view of media metrics to drive more data-driven, sustainable advertising and allowing IAS customers to easily measure the greenhouse gas (GHG) emissions generated by their digital campaigns alongside media quality and attention metrics. "Digital advertisers are focused on reducing their carbon footprint. By providing a comprehensive view of their media's environmental impact, we can empower marketers to make more sustainable choices," said Vincent Villaret, CEO, Impact Plus. "Through this partnership with IAS, we're providing marketers with the tools they need to achieve their campaign goals without compromising their climate commitments." "IAS is a leader in providing actionable data that helps drive superior results for advertisers, and this new partnership equips Impact Plus and IAS customers with the tools for more sustainable and effective media buying globally," said Srishti Gupta, Chief Product Officer, IAS. "This is another step forward in our commitment to empower our customers and the industry to strive towards more sustainable digital media advertising while maximizing results." For more information about Integral Ad Science, visit For more information about Impact Plus, visit About Integral Ad Science Integral Ad Science (IAS) is a leading global media measurement and optimization platform that delivers the industry's most actionable data to drive superior results for the world's largest advertisers, publishers, and media platforms. IAS's software provides comprehensive and enriched data that ensures ads are seen by real people in safe and suitable environments, while improving return on ad spend for advertisers and yield for publishers. Our mission is to be the global benchmark for trust and transparency in digital media quality. For more information, visit About Impact Plus Impact Plus is an award-winning sustaintech solution that enables digital advertising players to evaluate and reduce their environmental impact. Impact Plus builds new performance indicators and solutions to help this ecosystem to use GHG emissions and electricity consumption to inform their digital advertising strategy. A pioneer since 2020, Impact Plus supports brands such as L'Oréal, Heineken, Bel Group and Engie and their agencies, to enable more sustainable media buying. Impact Plus also enables ad networks and adtech platforms including Seedtag and Microsoft Advertising, equipping them with environmental impact evaluation solutions, which can be seamlessly integrated into their delivery systems. For more information about Impact Plus, visit Media Contact: press@ View original content to download multimedia: SOURCE Integral Ad Science, Inc. Sign in to access your portfolio
Forbes
2 days ago
- Business
- Forbes
How Should Businesses Be Approaching Sustainability Now?
There is a palpable air of uncertainty among many multinational corporate sustainability, ESG and risk management teams these days as everyone tries to anticipate the future of sustainability regulation. I've written quite a bit about the mixed messages companies are receiving from regulators in Europe as the EU Member States continue to debate the details of the Omnibus Simplification Package, and in the U.S., where it's still unclear exactly how this historic period of environmental deregulation will affect companies. The fact is that many businesses have invested significant time and resources into sustainability compliance and reporting initiatives while operating under the impression that major reforms like the Corporate Sustainability Reporting Directive (CSRD) would be hitting their stride right now. Instead, they're living through a period of regulatory limbo in which it's not clear what exactly their future sustainability compliance obligations entail. So, what should they be doing in the meantime? The short answer is: now is the time to be reviewing the steps they have made so far, and the most obvious place to start is with is their materiality assessments. In the world of financial reporting, materiality is defined as information that can influence and ultimately inform the financial decision making of an entity. When applied to sustainability reporting, a materiality assessment is a company's foundational definition of the core sustainability issues that matter most to their businesses and their stakeholders. These guide the way they will report and integrate them into overall business strategy and investment. In short, these materiality assessments shine a light on the foundational truths that define a company's values and goals and determine whether or not they are aligned with their strategic objectives. The identification of these material matters is also the starting point to determine the information that should be disclosed in the sustainability statement, which identifies the impacts, risks and opportunities confronting a company and its upstream and downstream value chain. At a time when the rules of the game keep changing and where corporate positions on sustainability can easily become politicized, a well-thought-out and delivered materiality assessment is an important way for a company to assert the business case for its sustainability strategy. Importantly, it is a way for companies to take the emotion out of sustainability and instead focus on the facts and the financial rationale behind their actions, while ensuring their sustainability strategy is dynamic and meets the changing needs of their businesses. Even during this period of regulatory flux, the market drivers behind sustainability have not changed , and in some cases they have even increased in significance. Now is the time for businesses to really look at what other companies in their space are doing when it comes to sustainability reporting. This peer comparison will soon become a key benchmark against which other companies will measure themselves and will also be measured. While sustainability disclosure reporting regulators have been debating the best path forward, many leading companies have already started reporting in compliance with the CSRD. In fact, some 500 companies have already published sustainability reports under the CSRD. The full library of reports can be found here, courtesy of ESG data management software company KEY ESG, which has been cataloging them all. One of the first things that stands out when reviewing these reports is that many of them come from companies in jurisdictions where the CSRD has yet to be fully implemented. In fact, according to a detailed PwC analysis of 100 CSRD reports, about 90% of them came from five European countries, three of which (Germany, Spain and the Netherlands) have not yet transposed the CSRD into national law. Another key finding of the analysis was that these reports are not very standardized. Some are 30 pages; others are 300 and they each focus on different aspects of sustainability-related risks. However, the important takeaway for business leaders who are still refining their approaches to sustainability reporting is that hundreds of manufacturers, technology companies, financial services firms, retailers, utilities and others are already out there walking the walk on sustainability reporting. These early standard bearers will not only have a jump on the intricacies of the reporting process once the mandate is finalized; they will also help establish industry best practices and position themselves as leaders to investors, customers and other stakeholders who increasingly want to know about business risks linked to sustainability. It's easy for business leaders to become distracted in a news cycle like the one we find ourselves in today that seems to be consumed with the idea of delayed implementation and political infighting. The big picture is that, delayed or not, sustainability reporting mandates of some type are coming, whether directly from regulators, or as is currently the case, from other stakeholders such as investors and customers. The sooner companies get themselves aligned with those standards, the better off they will be when the time comes to comply with the law. Moreover, with so many companies already reporting in line with the CSRD, and the informed view is that more and more will do so voluntarily, the prevailing market forces are creating some pressure on businesses that have not yet shared their sustainability reports. Now is not the time to delay. It is the time to refine and hone sustainability practices to focus on what matters most to the business and its stakeholders.
Yahoo
3 days ago
- Business
- Yahoo
Nine Out of Ten Organizations Say Sustainability Efforts Drive Business Success
PLM Users Report Stronger Support for Sustainability and Compliance ANDOVER, Mass., June 03, 2025--(BUSINESS WIRE)--Aras, a leader in product lifecycle management (PLM) and digital thread solutions, today announced findings from its new research report, The Future of PLM and Digital Engineering, highlighting the growing connection between sustainability efforts and business performance. According to the study, 92% of organizations say successful sustainability programs are essential to business success – an increase from 87% in 2024. The report also shows that digital maturity, particularly through PLM solutions, plays a critical role in meeting compliance demands and accelerating sustainability initiatives. "Sustainability today is about aligning regulatory compliance with operational excellence," said Roque Martin, CEO of Aras. "Organizations that embed sustainable practices into their day-to-day operations are better positioned to adapt, compete, and grow – regardless of how the requirements evolve." PLM Users Outperform in Sustainability ReadinessThe research found that 88% of PLM users believe their systems adequately support sustainability compliance – compared to only 60% of non-PLM users. These organizations are more capable of tracking product data, collaborating with suppliers, and addressing increasingly complex regulations such as the EU's Corporate Sustainability Reporting Directive (CSRD) and the Digital Product Passport. Digitally mature companies are also leading in technology adoption. Among PLM users, 87% are leveraging AI for product development – substantially higher than the 59% adoption rate among non-users. The findings reinforce that PLM has evolved beyond its engineering roots to serve as a strategic foundation for digital transformation. Data issues are holding companies backDespite this progress, many organizations still face challenges in operationalizing sustainability goals. Only 37% said their compliance initiatives are "well supported," and 18% acknowledged that their systems are inadequate. Challenges include missing or poor-quality data, disconnected tools, and lack of oversight. These aren't just technical hurdles – they represent real business risks. Without trusted data, organizations struggle to make informed decisions or future-proof their operations. With regulatory demands only increasing, now is the time for businesses to act. The research urges organizations to modernize their systems and strengthen their data foundations to stay ahead and build a lasting competitive edge. About the 2025 Global Industry Survey"The Future of Product Lifecycle Management and Digital Engineering" is a January 2025 survey based on insights from 656 executives in Europe, the US, and Japan. It examines how leading automotive, aerospace, and machinery manufacturers (revenues >$40M) are addressing AI adoption, digital thread integration, and regulatory compliance. Download the full report here. About ArasAras is a leading provider of product lifecycle management and digital thread solutions. Its technology enables the rapid delivery of flexible solutions built on a powerful digital thread backbone and a low-code development platform. Aras' platform and product lifecycle management applications connect users in all disciplines and functions to critical product data and processes across the lifecycle and throughout the extended supply chain. Visit to learn more and follow us on YouTube, X, Facebook, and LinkedIn. Copyright © 2025 by Aras Corporation and/or its affiliates. All rights reserved. Aras and Aras Innovator are registered trademarks of Aras Corporation in the United States and other countries. Third party trademarks mentioned are the property of their respective owners. View source version on Contacts Media: Jeff DrewGuyer Group for ArasP: 617.233.5109E: aras@
Yahoo
4 days ago
- Business
- Yahoo
EU's Textile Recycling Excellence Project Creates New Blueprint
The European Union-funded Textile Recycling Excellence (T-Rex) Project wrapped with the completion of a blueprint for scaling textile-to-textile recycling processes for post-consumer polyester, polyamide 6 and cellulosic materials. The blueprint, which spotlights insights and recommendations for each phase of the value chain, has been informed by in-depth analysis conducted by the T-Rex consortium throughout the project. That analysis included assessing the technical feasibility, economic viability and environmental impact of the recycling value chain. More from Sourcing Journal EXCLUSIVE: Feben's Mini Twist Finds Pulp Friction With OnceMore Is Europe Ready for a Textile-to-Textile Recycling 'Tipping Point'? Trump Threatens EU With 50% Duties, Says Trade Talks 'Going Nowhere' The plan was formulated to address four key challenges: technical scalability, business viability, environmental impact and policy recommendations. Within technical scalability, two major obstacles stand in the way of textile-to-textile recycling—inefficient sorting processes and the need for pre-processing of garments. Current manual sorting methods have proven to inefficient and costly to scale, but advancements in automated sorting technology such as near infrared (NIR) and AI-powered systems could improve yield, throughput and identification of multi-layer or blended garments. Though the market potential of textile-to-textile recycling in the EU looks promising—with volumes of post-consumer textile waste suitable for recycling projected to reach 1.2 million metric tons by 2030—business viability remains challenging. That's primarily due to limited access to quality feedstock and a lack of infrastructure at scale. Scaling textile-to-textile recycling in Europe will require coordinated financial, regulatory and industrial efforts to overcome these issues. Ensuring textile-to-textile recycling reduces the environmental impact of fiber production hinges on both the type of material being recycled and the specific recycling technology used. Energy efficiency during the recycling process, as well as the entirety of the manufacturing and supply chain is critical for decreasing environmental impact. While the EU has some of the most progressive regulatory protocols for textile sustainability through its Corporate Sustainability Reporting Directive (CSRD) and European Sustainability Reporting Standards (ESRS), the T-Rex Project calls for additional governmental support and oversight. Proposed initiatives include economic incentives, end-of-waste criteria, recyclability standards and setting realistic, achievable targets for recycled content. According to the European Environmental Agency, more than 6.95 million metric tons of textile waste are generated annually in the EU, and that's projected to increase to 7.3 million metric tons by 2030. Much of that waste is incinerated or ends up in a landfill, with only 2 percent of post-consumer textiles in Europe diverted to fiber-to-fiber recycling. The T-Rex Project launched in 2022 to help combat that problem, assembling 13 stakeholders from across the textile value chain, including Adidas, Aalto University and Infinited Fiber Company, to develop a plan for closed-loop recycling of post-consumer household textile waste in the EU. While the project's recommendations create a framework for implementing scalable textile-to-textile recycling, the group maintains that this should be just one aspect of a larger-scale effort to reduce textile waste. That strategy should also prioritize reuse, repair and demand management of garments and other textiles. The full T-Rex blueprint will be available on the project's website,
Business Upturn
4 days ago
- Business
- Business Upturn
Camfil Releases 2024 Sustainability Report Emphasizing Transparency, Circularity, and Climate Action
Riverdale, NJ, June 01, 2025 (GLOBE NEWSWIRE) — In a year defined by heightened global expectations around corporate climate accountability, Camfil, a global leader in clean air technology, has published its 2024 Sustainability Report. The document offers a comprehensive, evidence-based account of the company's ESG progress, centered around measurable goals, rigorous data collection, and alignment with the EU's Corporate Sustainability Reporting Directive (CSRD). A Clear Shift from Rhetoric to Responsibility Camfil's latest sustainability report distinguishes itself with clear metrics and transparent reporting. The company disclosed total Scope 1 and 2 greenhouse gas emissions of 33,262 metric tons of CO₂ equivalent in 2024, up from 30,866 in 2023. The increase is attributed to business expansion, with mitigation efforts underway, including LED retrofit programs at its Conover facility in North Carolina and solar energy installations in Haslingden, UK and Ipoh, Malaysia. Camfil also advanced its commitment to circular design. Its AirCair Service—an end-to-end air filtration lifecycle solution—uses 100 percent renewable coconut-shell activated carbon and refillable CamCarb XG filters, significantly reducing landfill waste and industrial emissions. Global Standards, Local Actions With operations in more than 35 countries and a workforce of 5,700, Camfil's sustainability efforts go well beyond policy. The company's internal CamfilCairing 2024 campaign featured safety and health-focused activities across regional offices. Events ranged from emergency drills in Taiwan to employee wellness checks in the United Kingdom, all built around the theme 'Safety First.' Further, Camfil continues to influence industry-wide air quality benchmarks through its leadership in shaping ISO 16890, ISO 10121, and the upcoming Eurovent 4/26 standards. These contributions position the company not only as a manufacturer but as a global voice for clean air policy. Data-Backed Innovation Driving Results Camfil's proprietary Life Cycle Cost (LCC) software remains a cornerstone of its customer engagement strategy. The tool, backed by decades of real-world data, allows commercial clients to optimize their HVAC filter choices for energy efficiency and cost savings. According to the report, HVAC systems can represent up to 50 percent of a commercial building's energy consumption. Case studies in Thailand and Mexico demonstrated real-world impact, with CO₂ reductions exceeding 8,800 tons annually and energy savings that translated into hundreds of thousands of euros in cost reductions. Policy Meets Practice The report also addresses risks and areas for improvement. Camfil's first Double Materiality Assessment identified product recyclability, energy use, and labor conditions in global supply chains as priority areas. The company has responded by enhancing its supplier contracts, expanding whistleblower protections, and developing new governance frameworks to monitor these risks. On the social front, Camfil has implemented a group-wide Code of Conduct training, expanded anti-corruption programs, and set gender equity targets, including increasing women in leadership roles to 35 percent by 2030. 2024 Sustainability Highlights at a Glance Environmental Sustainability Camfil's guiding vision is rooted in the belief that 'Clean Air is a Human Right.' 55% of Eurovent-rated comfort filters achieved A+ or A energy ratings. The Life Cycle Cost (LCC) software continues to help clients reduce energy usage and cost. CO₂ Reductions: GPSC Thailand saved 8,800 tons CO₂/year—equivalent to 4,400 cars removed from roads. Pesquería, Mexico reduced CO₂ by 1,100 tons/year while adding €555,000 in annual profit. Refillable, recyclable products like CamCarb XG promote circular design. Solar and LED energy projects in the U.S., UK, and Malaysia are cutting emissions and costs. Social Responsibility Camfil employs 5,700 people across 35+ countries. CamfilCairing 2024 featured safety-focused events globally, including Malaysia, Sweden, and China. OSHA incident rate dropped to 1.7 in 2024 from 2.8 in 2023. 100% of new hires enrolled in Code of Conduct training; 75–85% completion rate reported. Over 70% participation in updated anti-corruption and trade compliance training. Resource & Waste Management Total waste decreased 8% year over year; 67% of waste was diverted from landfills. The AirCair Service uses renewable coconut shell carbon for VOC capture. The world's largest AMC filter regeneration center opened in Taiwan, creating 300 jobs. Clean Operations Total energy use for 2024: 101 GWh. Scope 1 & 2 emissions: 33,262 metric tons CO₂e, up due to operational expansion. 100% of Camfil sites are ISO 9001 certified; 40% have ISO 14001 environmental certification. Governance & Transparency A Double Materiality Assessment identified key ESG risks including recyclability and labor conditions. Camfil has aligned sustainability governance with EU CSRD mandates. Conflict mineral policies and a multilingual whistleblowing system support ethical sourcing and reporting. Source Links and Media Contact Official Press Release and Source Citations: Media Contact: Lynne LaakeDirector of Marketing, Camfil USA New Jersey T: 888.599.6620 E: [email protected] F: Friend Camfil USA on FacebookT: Follow Camfil USA on TwitterY: Watch Camfil Videos on YouTubeL: Follow our LinkedIn Page
