Dr. Deniz Can Yucel’s Post

IPSASB has released the draft of the first climate-related disclosure standard for public sector entities. The draft standard is open for public consultation until 28 February 2025. This marks a pivotal step in public sector sustainability reporting. Read our insight – https://lnkd.in/dwdZMth7 #sustainabilityreporting Charles Batchelor Raed Abou Karroum Bhaskar Sahay Lamis Jarrar Khadeejeh Ghanem 🌱 Nader Itani, CPA Fadi Al-Shihabi فادي الشهابي Shahda Al Taie

Pleased to be at Day 2 of Responsible Business Europe 2024 discussing the importance of integrating sustainability into your business. Message me if you want to learn more about how economics is a crucial tool in helping mitigate risk and identify opportunities in your sustainability strategy. #RBEU #sustainability

#IEMA Connect Conference Day 2: Turning Policy into Action Day 2 of IEMA’s annual conference was packed with insightful discussions on translating sustainability policies into real-world actions. Here are some of my key takeaways: • Catalysts for Climate Neutrality & Circular Economy: Exploring the drivers for climate neutrality, supporting a circular economy, and fostering collaboration across diverse business cultures. Clarity on responsibilities is essential to drive meaningful action. • Measuring Progress Towards Net Zero: While data helps track positive performance, some initiatives remain hard to quantify. This highlights the need for critical thinking—a key skill for environmental sustainability professionals—to fully grasp the broader impact. • Upskilling SMEs in Green Skills: SMEs are key players in building a sustainable future. #IEMA is supporting their workforce development through Green Skills & Jobs program. • Government Procurement & Harmonising Metrics: New moves towards harmonising data and performance metrics in government procurement will help drive consistency across sectors. • Energy & Growth Ambition: The UK government’s latest updates on balancing energy and growth in a sustainable way has brought cautious optimism, especially with COP29 and COP16 on the horizon. • British Chamber of Commerce Insights: Valuable perspectives on what’s happening in the business sector, with sustainability at the core of future growth. Exciting discussions and inspiring progress—looking forward to the actions that follow! Thank you #IEMA!

Today's theme at #GCET25 was Private-Public-Partnerships (PPP) in the Just Energy Transition, a topic that deserves an event all to itself. Financing for the transition, addressing climate justice and inequalities as well as structural socio-economic changes including education on the pathway to decarbonization is key. I was delighted to be part of this panel alongside Abel Sakhau, Muhammad Ashfaq Ahmad and Prof Lee-Ann Steenkamp (PhD) (who expertly moderated this discussion). In line with COP29, the topic that dominated the discussion was funding for decarbonization and a just transition. My key takeaways: 💹 Need for de-risking financial instruments and arrangements to make decarbonization investment opportunities commercially viable for private investors as they are anticipated to provide the bulk of the needed funding 🤝 Pivoting traditional PPPs to go beyond financing, include skills, innovation, research & development capability, market-making, operational delivery know-how  💡 Include corporates into PPPs to deliver goals - contribute knowledge, resources and infrastructure, and in the process strengthen resilience of their supply chains  👩🏫 Restructure socio-economic structure to successfully deliver and operate transitional and decarbonised economies, such as restructure toward decarbonized curriculum, education at all levels, awareness of commercial viability as well as and ESG impact of commercial activities, ongoing upskilling etc 📃 Leverage 'new generation' EU supply chain regulations (CSRD, CSDDD, EUDR, CBAM) to support the just transition among most affected communities and workforces Overall, collaboration internationally and between public and private, including corporates, is critically needed. With the aim being to iteratively shape and deliver decarbonization goals for global and local communities, and in the process protect and strengthen supply chain resilience. Stellenbosch Business School Duane Newman Kasia Klaczynska Lewis Mary O'Leary Joost Vreeswijk Warren Taylor Kristen Gray Jesper Solgaard Roxane Naro Markarian Linn Anker-Sørensen Michelle T. Davies (née Thomas) Richard J. Albert Hein Brinkmann Ana Fallas #supplychain #justransition #environment #climatechange

Thanks for sharing your takeaways. The role of the Tax and incentive system by national governments in stimulating, accelerating and crowding in public and private sector is different in Global North versus the Global South. #GCET25 South Africa hss been a key platform to discuss these differences. #GCET26 will be in Brazil next year as we build up to #COP30.

🌍 Key takeaways from the Group's latest roundtable on Cambridge Institute for Sustainability Leadership (CISL)'s competitive sustainability report Last week's roundtable, chaired by Victoria Collins MP, alongside speakers Dr Nina Seega and Viola A. M., underscored the urgent need to align profitability with sustainability to secure a resilient future. Read the full meeting summary below. 🔗 Climate and biodiversity losses are translating into economic impacts. It’s time to move beyond short-term gains and bridge profitability and sustainability. 📈 Policy and incentives matter: Subsidies, mandates, and tax incentives are pivotal. Bold industrial strategies can inspire private sector innovation and investment, countering the misconception that businesses simply await government support. 💡 Reimagining ESG: While ESG disclosures have raised awareness, the real transformation lies in integrating sustainability into core business models and pricing future costs into current strategies. 🤝 The UK has a unique opportunity to lead globally, leveraging its progress in green finance and offshore wind while fostering technological innovation domestically. Read the full CISL ''Survival of the Fittest – From ESG to Competitive Sustainability'' report here https://lnkd.in/gYn4wEE8 #Sustainability #ESG #NetZero #Leadership #Innovation

The landscape of sustainability reporting is rapidly evolving, with various voluntary regimes highlighting climate change as a crucial business issue. However, the multitude of standards has led to complexity and confusion. Join experts Loshni Naidoo, Vukile Davidson Tendai Matika Louise Gardiner, and Carolynn Chalmers as they explore the future of sustainability reporting convergence and the significant impact of global reporting standards on African markets. In an era marked by unpredictable global challenges, the theme "Resilience Amid Uncertainty" underscores the importance of sustainable finance in building robust, adaptable economies. Our discussions will delve into how African markets can navigate the complexities of international reporting standards, enhance transparency, and drive sustainable growth despite external pressures. Date: July 24, 2024 Location: Four Seasons The Westcliff, Johannesburg Register: https://lnkd.in/djEzxEzz Request agenda: michael@mncapitalgroup.com Stanley Austin Sophie Masipa Game Jennifer Tladi Gobopaone Gaseitsiwe Resego Majafe #SASFI #ASFI #ESG #SustainableFinance #ClimateFinance #ESGinAfrica

To overcome the climate crisis threatening the survival of humanity, urgent and collective action that goes beyond borders, sectors, and professions is needed. Policymakers, business leaders, investors, financiers, media and analysts have the power to lead change and accelerate action. Last week, the Sustainability Connect Symposium “Mobilizing Capital to Accelerate Climate Action – Robust ESG Analytics for Sharp Investment Decisions” saw a full house at the Singapore Sustainability Academy, and zoomed in on the role of ESG in driving sustainable finance to advance #climateaction. The session opened with special remarks by Dr Jesús López Zaballos. PhD, Chairperson, EFFAS - The European Federation of Financial Analysts Societies Board, which was followed by the plenary session featuring Mr TAN Chee Wee 陈志伟, IMC Pan Asia Alliance’s Head of Sustainability; Ms Regula Schegg, Circulate Capital’s Founding Partner; Mr Fritz Mostböck, Certified ESG Analyst (CESGA), Erste Group Bank AG’s Head of Group Research and EFFAS’ Deputy Chairperson; Mr Anthony Cheung, CESGA, World Benchmarking Alliance’s Supervisory Board Member, and moderator Ms Esther An, City Developments Limited’s Chief Sustainability Officer. The event closed with a sharing on ESG integration in valuationby Prof Dr Alexander Bassen, EFFAS CESGA Academic Director and Greenhouse Gas Protocol’s inaugural Chair of the Independent Standards Board. #CDLSustainability #ESG #SustainableFinance #CESGA #Disclosures

This week the International Sustainability Standards Board (ISSB) published their 2-year work plan to improve how companies report on #sustainability.   Our key recommendations 👇 🖼 Big picture thinking: Address all environmental, social, and governance issues together for better global #standards! 🤝 Work together: Make sure ISSB standards fit well with existing reporting frameworks such as the #GRI, #ESRS, and #TNFD.

The European Environment Agency (EEA) has recently published an important report, “Europe’s Sustainability Transitions Outlook,” which outlines the European Commission’s strategic priorities for 2024-2029. This report emphasises the importance of maintaining sustainability amid various shocks and crises, highlighting the need for a delicate balance between immediate actions and long-term goals. 🌍 Key Points: 🌱 Sustainable Industry: Calls for greener industries, sustainable investments, and targeted public investment.  👷♀️ Economic Growth: Illustrates how investments in renewable energies, electric vehicles, and building renovations can drive job creation and economic prosperity. 💰 Sustainable Finance: Calls for a revision of EU spending mechanisms to align with sustainability goals and highlights the investment deficit in nature-based solutions. Read the full report here → https://lnkd.in/esXRzHcA #EEA #Sustainability #ClimateChange #EuropeanCommission #GreenEconomy #FutureOfEurope #SustainableFinance #EnvironmentalGoals