bcorpsingapore
Apr 19
6
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Climate Commitments and Accountability
🚨As the need for climate action becomes increasingly urgent, corporations are slowly stepping up by making climate commitments. However, only about 3,000 companies have made commitments within the United Nations’ Framework Convention on Climate Change. That’s only a drop in the bucket. At the same time, commitments are also coming under scrutiny, accused of being excuses to postpone real action.
🔎Accountability can bridge the gap between these two perspectives. Accountability ensures that commitments are meaningfully translated into measurable actions. Similarly, commitments enable accountability by providing the standards to hold corporations against.
👉Yet, accountability is no easy task. In “Corporate climate commitments don’t mean anything without accountability” on Fast Company, Dan Osusky, B Lab Head of Standards and Insights, talks about the importance of accountability, how B Lab is working to improve our framework and why companies and their leadership are most responsible for making it all work.
Click the link in our bio to read more.
📸: Marcin Jozwiak, Pexels
#BCorp #BCorpSG #JoinTheBCorpMovement #businessasaforceforgood #ipcc #ipccreport
bcorpsingapore
Apr 19
6
2.82%
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