Jul 2025

The latest trends and initiatives in ESG and Sustainability​

Our Perspective

A law firm operating internationally was looking to develop its own sustainability programs to ensure that it was meeting or exceeding industry benchmarks and adhering to mandatory requirements, such as California’s SB 261 (The Climate-Related Financial Risk Act) and the EU Corporate Sustainability Reporting Directive. As both industry peers and key strategic partners began to raise the bar on ESG programs, they embraced the opportunity to lead on sustainability initiatives to remain competitive, strengthen stakeholder confidence, and align with evolving global ESG standards.

Industry Updates

Climate emissions leaped by 7.5 percent in a single year in the fashion industry, which now contributes nearly 2 percent of global climate pollution. The jump in greenhouse gases in 2023 — the most recent year for which full data is available — follows a slight decline of 1.17 percent in 2022, after several flat years.

Damage to European forests from increased logging, wildfires, drought and pests is reducing their ability to absorb carbon dioxide, putting European Union emissions targets at risk. The targets include the expectation that forests will suck up hundreds of millions of tonnes of CO2 emissions and store it in trees and soil, to compensate for pollution from industry.

Marine fish may be among the most overlooked contributors to the ocean’s carbon cycle. A new study led by researchers at the University of Miami offers the first direct evidence that fish living at mesopelagic depths—200 to 1,000 meters below the ocean surface—excrete biogenic carbonate, a key component of the marine inorganic carbon cycle.

Industry Spotlight

A county in California was seeking to create organizational sustainability across its departments.
Its leadership asked for assistance in identifying meaningful KPIs that would demonstrate and track
progress toward their Sustainability Master Plan (SMP) goals. Faced with increasing public scrutiny
and reporting requirements, and lacking sufficient resources and tracking systems, the County struggled
to gather data across internal departments and demonstrate its progress.

Special Feature:
Webinar

As global regulators fine-tune corporate sustainability standards, the SBT framework is emerging as the key guidepost for emission reduction targets. Explore the critical role CDP and science-based targets (SBT) play in helping companies navigate the complex world of sustainability reporting and compliance.

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