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Greenhouse gas emissions represent a significant global concern with Scope 3 emissions being the most intense to several sectors.

Scope 3 emissions encompass all indirect emissions from a company’s value chain that occur as a result of a company’s activities but are outside of its operational control, this is why understanding and measuring them remains a challenge.

Companies that understand and manage their scope 3 emissions are clearly at an advantage as they can improve risk management, deepen resiliency, increase transparency and competitiveness, and attract investors. Moreover, global legislations, such as the SEC’s Climate-Related Disclosures and the European Corporate Sustainability Reporting and the newest Corporate Sustainability Due Diligence directives, require Scope 3 reporting, making the supply chain information mandate.

These emissions can be attributed to various sectors depending on the industry and the specific activities involved. It is also important to note that the intensity of Scope 3 emissions can vary significantly within each sector.

Below we will explore 4 sectors with intense Scope 3 emissions.

 

Mining Sector

The mining sector is one of the largest contributors to global greenhouse gas emissions and the scope 3 emissions of minerals and metals are significant. According to a recent analysis, up to 28% percent of global emissions are the result of the indirect impacts of mining operations.

The scope 3 emissions of this sector include the upstream production of fuels used in the mining operations, the downstream smelting, refining, and manufacturing processes utilizing the mined ore. Furthermore, transporting all these ores and metals generates emissions that can be greater than scopes 1 and 2 combined. They can contribute to more than 95% of its total emissions, resulting in the biggest decarbonization challenge for mining companies.

 

Oil and Gas Sector

While Scope 1 and Scope 2 emissions are directly associated with energy generation, this sector includes also emissions resulting from the extraction, production, and transportation of fossil fuels, as well as the indirect emissions caused by electricity consumption by end-users. Specifically, scope 3 emissions account for 80-to-95% of total carbon emissions from oil and gas companies as stated in the Wood Mackenzie’s report “How Will Oil and Gas Companies Get to Scope 3 net zero?”.

Investors have been increasingly pressuring the oil and gas sector to address climate change concerns and call on the companies to set targets to reduce by 2030 their Scope 3 emissions. Unfortunately, according to the Climate Bond’s Initiative (CBI) latest state of the market report (an analysis of the green, social and sustainability (GSS) markets, sustainability-linked bonds (SLBs), and transition bonds) none of the $5.4 billion raised by these companies under the sustainability-linked bonds label, was tied to Scope 3 emissions reductions.

 

Real Estate Sector

Carbon emissions of real estate companies are dominated by Scope 3 emissions, however, they remain underreported by the top 200 listed real estate companies with only 56% of these disclosing them. Moreover, more than half of those did not break down emissions at all.

Scope 3 emissions in the real estate sector can be generated by upstream emissions associated with the production and transportation of materials and equipment used in building construction and operation, downstream emissions associated with waste disposal, tenant transportation and commuting, as well as emissions from leased assets.

 

Financial Sector

Although not directly involved in emissions-intensive activities, financial institutions and investment services can have intense Scope 3 emissions through their financing and investment decisions. These emissions can be attributed to the carbon footprint of the companies they invest in, such as those in the fossil fuel industry or other high-emissions sectors. In other words, their Scope 3 emissions are their investees’ Scope 1 and 2 emissions.

CDP estimates that financial institutions Scope 3 emissions are 700 time greater than their direct emissions, counting for the 99% of their emissions.

 

Get a deep knowledge about Scope 3 emissions and how they affect your sector by enrolling to our best-selling certified course Online Certificate on Carbon Reduction and Net Zero Strategies and the brand-new Online Diploma on Sustainable Supply Chain Management.

Reach us at events@cse-net.org to learn more about the certified courses and our special discounts!

 

Group registrations allow you to attend our certified courses as a team at the same time. Our group online courses are created to tackle present-day problems as well as prepare your company for the future.

Discounts can be applied to a group that registers either to the same course or in a combination of courses.

 

Why choose Sustainability Academy Certified Courses?

  • Offer a unique Certification accredited by CPD in an affordable manner trusted by global Fortune 500 companies and global accounting firms for their staff education
  • Content created by Sustainability thought leaders, professors and trainers with practical experience in the field of sustainability
  • Self-paced Courses that can be completed anytime within 45 days
  • Up-to-date content revised on annual basis that includes new legislations and trends based in field research
  • Joined by thousands of learners from 90 countries, including Sustainability professionals, graduates and entrepreneurs from various sectors

The SEC Climate-Related Disclosures Rule will be a huge challenge for many companies, but how much are they prepared for the level of transparency required?

 

This climate-related disclosures rule will serve as a catalyst to invest the time, money, and resources required to map their supply chains and it’s expected to force thousands of them to disclose the full scope of their greenhouse gas emissions.

Specifically, listed companies with revenues over $75 million will be required to disclose information about the direct greenhouse gas emissions (Scope 1), the indirect emissions from purchased electricity or other forms of energy (Scope 2) and certain types of GHG emissions from upstream and downstream activities in its value chain (Scope 3). Furthermore, according to the SEC fact sheet, they may be required to provide their disclosures early in 2024, using their 2023 numbers.

 

Which are the Upstream activities?

These activities encompass the processes that occur before the company’s own operations begin, typically involving suppliers, raw material sourcing, and logistics. Upstream activities often include extraction or cultivation of raw materials, transportation and distribution, as well as any outsourced processes involved in the production of goods or services.

Which are the Downstream activities?

Downstream activities occur after the company’s own operations and involve the distribution, marketing, sales, and support of the final products or services. This includes activities such as product assembly, packaging, distribution logistics, marketing campaigns, retailing, and customer service.

 

Are companies really prepared?

Scope 3 emissions account for up to 75 percent of a company’s total footprint and many of them have very poor visibility beyond their Tier 1 suppliers. They require immense amounts of time and money as these emissions are more than just suppliers. They are the entire depth of the supply chain. Moreover, the lack of direct control by companies over the requisite data along with the poor transparency can drive into many “black holes” in their supply chains.

The rule was designed to increase consistency and transparency in GHG accounting. If companies have already publicly set climate-related targets or goals, they need to disclose how they intend to meet them.

Smaller companies with less than $100 million in annual revenue will not be part of the requirement for now, however, Scope 3 emissions are generated outside the company’s control and greatly affected by other small companies throughout their value chain. This means that compliance would be required from them sooner or later.

 

Equip with all the necessary tools to build a resilient and efficient sustainable supply chain by registering to the Online Diploma on Sustainable Supply Chain Management course. Transform your organization’s climate pledges into actionable strategies through better supply chain management and be prepared for the upcoming challenges in your sector.

Don’t miss out the chance to register with our special 20% discount until July 20.

 

Group registrations allow you to attend our certified courses as a team at the same time. Our group online courses are created to tackle present-day problems as well as prepare your company for the future.

Discounts can be applied to a group that registers either to the same course or in a combination of courses.

 

Why choose Sustainability Academy Certified Courses?

  • Offer a unique Certification accredited by CPD in an affordable manner trusted by global Fortune 500 companies and global accounting firms for their staff education
  • Content created by Sustainability thought leaders, professors and trainers with practical experience in the field of sustainability
  • Self-paced Courses that can be completed anytime within 45 days
  • Up-to-date content revised on annual basis that includes new legislations and trends based in field research
  • Joined by thousands of learners from 90 countries, including Sustainability professionals, graduates and entrepreneurs from various sectors

In 2023, several supply chain sustainability trends have emerged as companies prioritize reducing their environmental impact and improving social responsibility.

 

The last couple of years have set a lot of challenges for supply chains. According to the World Economic Forum, eight supply chains across major industries account for more than 50% of global greenhouse gas emissions, however, a lot of organizations haven’t recognized the fundamental importance of the supply chain resilience so far.

Here are five key issues that currently affect supply chains in all industries:

Carbon Neutrality and Net-Zero Goals

When discussing Carbon Neutrality, Scope 3 emissions are considered the most challenging and comprehensive category of emissions to address. According to Gartner, they account for 90% or more of total value chain emissions and they are the hardest to measure and manage. Measuring and managing Scope 3 emissions in the supply chain can be complex, as it requires data collection and collaboration with multiple stakeholders.

 

Sustainable Packaging Solutions

There is a growing focus on sustainable packaging throughout the supply chain. Sustainable packaging focuses on reducing waste, using eco-friendly materials, optimizing packaging design, and promoting circular economy principles. Biodegradable and compostable materials, recyclable packaging, reusable packaging and plant-based packaging are all expected to gain traction.

 

Ethical Supply Chain Management

Organizations have turned their focus on ethical and responsible sourcing, avoiding suppliers associated with unethical practices such as child labor, deforestation, or human rights abuses. There is also a growing emphasis on transparency and traceability throughout the supply chain. Improving supply chain transparency has become a top priority for executives in various sectors.

 

Circular Supply Chains

The concept of circularity has gained traction in supply chain sustainability. Companies are transitioning to circular supply chains by implementing strategies like product take-back programs, repair and refurbishment services, and recycling initiatives. The circular economy provides real brand value and where consumers are aware of this.

 

New Legislations

A raft of new legislation is about to boot. The recently adopted Corporate Sustainability Reporting Directive has set criteria for companies operating along the supply chain of EU countries. They must implement a due diligence process, identifying actual and potential adverse impacts on environmental and human rights issues. Moreover, the European Parliament introduced the Corporate Sustainability Due Diligence Directive last February, requiring companies to take responsibility for the environmental and social impact of their suppliers.

 

Online Diploma on Sustainable Supply Chain Management

In order to meet the latest sustainability challenges in supply chain management, the Sustainability Academy has introduced a brand-new course, the Online Diploma on Sustainable Supply Chain Management.

The course aims to equip professionals with all the necessary skills and knowledge in order to apply sustainable practices to supply chains. Additionally, it gives an insight on how to start a sustainable supply chain, using appropriate criteria/platforms, and comply with key ESG Ratings and Reporting Standards requirements, supporting the transparency of supply chains.

The course will also help you understand critical related concepts and trends, such as circular economy, sustainable packaging, scope 3 and net zero emissions.

Register now with a 20% discount. The offer expires on June 30. Request your discount code at events@cse-net.org.

 

Why choose Sustainability Academy Certified Courses?

  • Offer a unique Certification accredited by CPD in an affordable manner trusted by global Fortune 500 companies and global accounting firms for their staff education
  • Content created by Sustainability thought leaders, professors and trainers with practical experience in the field of sustainability
  • Self-paced Courses that can be completed anytime within 45 days
  • Up-to-date content revised on annual basis that includes new legislations and trends based in field research
  • Joined by thousands of learners from 90 countries, including Sustainability professionals, graduates and entrepreneurs from various sectors

US Top Environmental Concerns: Pollution & Climate Change

 

As the world grapples with pressing environmental challenges, the United States faces its fair share of issues. Such issues include water pollution, air pollution, plastics pollution, and climate change. These problems have far-reaching consequences for ecosystems, human health, and the planet as a whole.

 

In this blog , we will explore these environmental problems, their causes, and their consequences, highlighting the urgent need for action. Furthermore, we will conclude by introducing two online certificate courses that offer practical solutions for sustainability professionals in tackling these challenges head-on.

 

Water Pollution:

Water pollution is a pressing concern in the United States, affecting rivers, lakes, and groundwater sources. Industrial waste, agricultural runoff, and inadequate sewage treatment are major contributors to this problem. Chemical pollutants and excess nutrients, such as nitrogen and phosphorus, lead to harmful algal blooms and dead zones, impacting aquatic life and human health. Efforts to improve water quality involve stricter regulations, better wastewater management practices, and promoting eco-friendly farming techniques.

Air Pollution:

Air pollution poses a significant threat to public health in many American cities. Emissions from industries, power plants, vehicles, and other sources release pollutants like particulate matter, nitrogen oxides, and volatile organic compounds. These pollutants contribute to respiratory problems, cardiovascular diseases, and premature deaths. Addressing air pollution requires the adoption of cleaner energy sources, tighter emissions standards, and the promotion of sustainable transportation alternatives.

Plastics Pollution:

Plastics pollution has become an alarming issue affecting the environment, particularly oceans and marine life. Single-use plastics, such as bottles, bags, and straws, contribute to the massive accumulation of plastic waste in landfills and water bodies. Microplastics, resulting from the breakdown of larger plastic items, are also a concern. Mitigating this problem involves reducing plastic consumption, promoting recycling and waste management practices, and encouraging the development of sustainable alternatives.

Climate Change:

Climate change is one of the most pressing environmental challenges of our time, with far-reaching consequences. Rising global temperatures, extreme weather events, and sea-level rise threaten ecosystems, human health, and economies. The burning of fossil fuels for energy and deforestation are the main drivers of climate change. To combat this crisis, a transition to renewable energy sources, sustainable land management practices, and international cooperation is essential.

The environmental issues plaguing the United States, including water pollution, air pollution, plastics pollution, and climate change, require comprehensive solutions. Through the pursuit of the Online Certificate on Carbon Reduction and Net Zero Strategies and the Online Certificate on Circular Economy, individuals can actively contribute to mitigating these problems and fostering a more sustainable and resilient future. By equipping individuals with specialized knowledge and skills, these courses empower participants to become catalysts for change, driving sustainable practices and shaping a greener future.

For more information contact us at mailto:events@cse-net.org

 

4 Benefits of attending a course as a team

 

Sustainability has become increasingly important in today’s business landscape, and integrating ESG strategies into a company’s profile is crucial for long-term success. However, it can be challenging to implement sustainable practices into an organization, as it requires a shift in mindset and culture.

Group training programs are an excellent way to help employees learn and develop ESG skills collaboratively and effectively. These programs can provide a forum for employees to share knowledge and experiences, which can increase engagement and foster a sense of shared responsibility. Additionally, group training can help identify areas where improvements can be made, which can lead to more effective ESG strategies.

Specifically, these are 4 benefits of attending a course as a group:

1.Enhances team relationships and fosters a more collaborative work environment.

This is because team members interact, motivating each other, increasing student retention and course completion rates. Furthermore, when team members are trained in ESG skills through group training programs, they can directly apply their knowledge and skills to their work environment, leading to increased employee engagement. As a result, their productivity increases, and absenteeism decreases.

Moreover, when employees see the direct impact of their actions on the environment, society and governance, it can be highly motivating and create a sense of purpose in their work. As a result, increased job satisfaction and a higher level of commitment to the organization’s overall mission and goals can be achieved.

2.Enables team members to develop soft skills, such as communication, and problem-solving.

Working together on problem-solving exercises and projects can also help team members develop critical thinking and collaboration skills. This can lead to improved teamwork, increased trust, and better decision-making, which can benefit the organization as a whole.

3.Offers development and discount opportunities for teams.

Training everyone at once, or dividing training sessions into groups, cuts down on the amount of time needed to get everyone up to speed. Additionally, group training is the most cost-effective solution for organizations to provide professional development opportunities for their teams.

Moreover, group training programs can be customized to meet the specific needs of an organization and its teams. For example, training can be tailored to address specific ESG issues that the organization is facing.

4.Offers the opportunity for them to communicate with their trainers and co-workers.

This can help clarify any misunderstandings, deepen their understanding of the topics, and promote knowledge sharing. Effective communication is essential for team members to succeed in their roles, especially when it comes to ESG strategies, which often involve complex issues that require a collaborative and multidisciplinary approach.

Sustainability Academy Group Discount Packages

Sustainability Academy’s group discount packages provide a valuable opportunity for organizations to support the professional development of their employees and improve their overall performance. By providing high-quality and affordable training, organizations can enhance their team’s skills and knowledge, ultimately leading to better outcomes and a more sustainable future.

 

Why choose Sustainability Academy Certified Courses?

  • Offer a unique Certification accredited by CPD in an affordable manner trusted by global Fortune 500 companies and global accounting firms for their staff education
  • Content created by Sustainability thought leaders, professors and trainers with practical experience in the field of sustainability
  • Self-paced Courses that can be completed anytime within 45 days
  • Up-to-date content revised on annual basis that includes new legislations and trends based in field research
  • Joined by thousands of learners from 90 countries, including Sustainability professionals, graduates and entrepreneurs from various sectors

 

For more information, contact us at events@cse-net.org

The New Era of the ISSB: Transitioning from the SASB Standards to IFRS Sustainability Disclosure Standards

 

 What Do You Need to Know?

 

Capital markets require consistent and comparable disclosure to provide long-term value to shareholders and secure the future of our planet. To meet these requirements, the IFRS Foundation has proposed creating a global baseline of high-quality sustainability disclosure standards through the new International Sustainability Standards Board (ISSB). The ISSB will consolidate and build on existing frameworks, standards, and guidance rather than create something new.

 

As part of this consolidation effort, the SASB Standards will serve as the starting point for the ISSB’s industry-specific requirements. This means that the SASB Standards will ultimately transition into IFRS Sustainability Disclosure Standards using ISSB due process. Ownership of the SASB Standards will transfer to the IFRS Foundation in June, along with existing projects such as work to internationalize metrics following market feedback.

 

What does the Transition Mean for Report Preparers and Users?

 

In the short term, there is no change for report preparers and users. They should continue to use the SASB Standards to ensure that they meet the present and future information needs of investors. Adopting the SASB Standards, the Integrated Reporting Framework, and/or the TCFD recommendations now will better prepare companies for the future adoption of the IFRS Sustainability Disclosure Standards.

 

In the medium term, it is important to provide input into the development of the IFRS Sustainability Disclosure Standards. The IFRS Foundation has already taken a step in the right direction by creating two prototypes that leverage content from the SASB Standards. The goal is to streamline the reporting landscape, consisting of IFRS Sustainability Disclosure Standards, financial accounting standards (either IFRS or US GAAP), and a connecting framework for describing a company’s governance, strategy, and risk management of financially material sustainability issues.

 

In the long term, a streamlined landscape for reporting to investors is envisioned, consisting of IFRS Sustainability Disclosure Standards, financial accounting standards (either IFRS or US GAAP), and a connecting framework for describing a company’s governance, strategy, and risk management of financially material sustainability issues. Together, these resources will enable a company to provide a comprehensive view of performance and prospects on the financial markets.

 

The Online Certificate on SASB & TCFD Reporting by CSE

As sustainability disclosure standards evolve and transition into new frameworks, it is important for professionals to stay informed and knowledgeable about these changes. The Online Certificate on SASB & TCFD Reporting by CSE is designed to help participants acquire or enhance their competency to understand the requirements of the SASB Standards and the TCFD recommendations. This course is focused on the acquisition of knowledge of applying the SASB Standards, as well as reporting on the organization’s climate-related risks and opportunities based on the TCFD recommendations.

 

By taking this course, professionals can better prepare themselves for the future adoption of the IFRS Sustainability Disclosure Standards. The course is an excellent opportunity to stay informed, stay competitive, and stay ahead of the curve in the ever-changing landscape of sustainability reporting.

 

For more info visit our website or contact us at events@cse-net.org.

This World Water Day, let’s take a moment to learn about the impact of the textile industry on our water sources. Water is an essential resource for most organizations and reducing its footprint brings a lot of benefits.

Explore what businesses can do to reduce their water footprint and make the textile sector more sustainable.

 

What is the textile sector?

 

The textile sector refers to the production of textiles – fabrics, yarns and materials created from cotton, wool, and synthetic fibers. This sector encompasses the entire process from the growth and harvesting of the raw materials to the manufacturing and retailing of finished products. The global textile sector employs millions of people and accounts for 2.5% of the world’s GDP. Textiles have been used since ancient times and remain an essential component of global trade and industry. As the global population continues to grow, so too does the textile sector. However, this growth comes with a cost: the pollution of our valuable water sources.

 

Water pollution in the textile sector

 

The textile sector relies heavily on water for the processing of raw materials and the finishing of textiles. During these processes, dyes and chemicals are released into our waterways and contaminate the water sources that are vital for drinking, bathing, farming, and recreation. Synthetic fibers, such as polyester and polyamide, are also a major contributor to water pollution.

These fabrics are not biodegradable and can take hundreds of years to break down. They are also highly absorbent, which means that microplastics and other toxins on our waterways will cling to them. This can harm wildlife, contaminate drinking water and spread toxins to other ecosystems. Moreover, textile dyeing is the second-largest polluter of water worldwide, with the fashion industry producing 20% of the world’s wastewater.

 

How can the textile sector reduce water pollution?

 

Businesses, organizations can take steps to reduce their water footprint and make the textile sector more sustainable. Businesses can start by replacing synthetic fabrics with organic and recycled alternatives, such as bamboo, hemp, or organic cotton. This will not only reduce water use, but will also eliminate the need for harsh dyes and chemicals, further reducing water pollution. Organizations can also reduce their water footprint by buying fewer or used items, or investing in sustainable textiles.

 

Why World Water Day matters for the textile sector?

 

The textile sector is one of the world’s largest polluters of water. World Water Day is a day set aside to remind individuals and organizations of the importance of clean water sources. Our actions can have a profound impact on our waterways. Now more than ever, it is important for businesses to consider their water footprint and take steps to reduce it.

 

By investing in sustainable materials, recycling water and reducing the amount of water used in their processes, companies can play a vital role in the fight against water pollution.

 

 

Discover more topics on water footprint and how to reduce it with LCA methodology, by enrolling to the recently updated Online Certificate on Carbon Reduction and Net Zero Strategies. You can register with a special 20% discount until March 31, using the coupon code “NZ20”.

Education is the most powerful tool to transform organizations for becoming more Sustainable and have a positive impact on our planet.

We focus on all professionals, entrepreneurs and graduates who want to excel in the sustainability (ESG) profession.

 

The Sustainability Academy is excited to announce the launch of its brand-new website at sustainability-academy.org

At Sustainability Academy, we believe that education is the most powerful tool to transform organizations for becoming more Sustainable and have a positive impact on our planet. We focus on all professionals, entrepreneurs and graduates who want to excel in the sustainability (ESG) profession.

With that in mind, the website supports the most excellent user-friendly navigation with well-formatted content to browse. It is designed to specifically encourage deeper interaction among visitors, trainers, and consultants.

Streamlined menus create a smooth navigation by providing direct paths to high-use pages, enabling the website to evolve to meet changing user preferences.

Acknowledging the growing percentage of users who access information on mobile devices, the website delivers seamlessly across all device types and platforms.  All content is 100% responsive on tablets and smartphones, so that information is easy to see, with full functionality retained.

 

Sections and features of the new Sustainability Academy website include:

 

 

The introduction of the Sustainability Academy’s new website celebrates the soaring record-breaking demand for group online training for companies and online course services in gerneral and is here to take up the challenge!

 

About Sustainability Academy:

The Sustainability Academy is CSE’s global initiative to offer affordable specialized online education and in the field of Sustainability, Climate Change, Circular Economy, and Corporate Responsibility. The Sustainability Academy is set to make a difference on this planet, and we invite you to take on the journey with us!

 

For more information, please visit  https://sustainability-academy.org/

Also follow us on Twitter @CSE_network or on our company page on LinkedIn.

Reach us at: info@sustainability-academy.org

Sustainability Academy’s New Website is taking up a notch the advanced Certified courses, that will be of interest to professionals who want to update their knowledge and have a recognized qualification in the field of Sustainability, Corporate Responsibility, Sustainable Development and Circular Economy.

The importance of environmental, social, and governance (ESG) factors are growing heavier for the region’s businesses as MENA’s economy diversify and integrate more deeply into global capital markets.

The private sector will play a vital role in the sustainability transition of the MENA region. Credentials in sustainability will influence finance availability and define competitiveness in international marketplaces. In the near future, ESG will rank among the most important differentiators for businesses exporting from the MENA region.

Government provides the framework for a nation’s climate aspirations, but the private sector is what spurs innovation. The following areas must be focused on and recognized on the path to strategic success:

Set precise goals: Ambitions must be clearly stated with a direction for action if climate change aims are to be successful. To achieve success at each level, adopt a net-zero aspiration and apply a thorough roadmap with short- to medium-term goals. To ensure accurate tracking and target evaluation, pursue working with SBTi.

Accept change: By creating a sustainability department and involving top management in all climate-related projects and problems, leaders can raise awareness throughout their organizations.

Boost your purchasing advantage: Urge your suppliers to support your company’s sustainability objectives by acting responsibly and openly. To boost suppliers’ emissions measurement, reporting, and reduction plans, mandate ESG in procurement.

Join forces with the government: As the economy changes, businesses can collaborate with regulators and policymakers to determine the standards, methodology, and goals. Businesses must collaborate with legislators to have maximum impact as expectations and restrictions are anticipated to rise.

Adopt world-wide standards: Including, but not limited to, transparent accounting methods, disclosure across Scopes 1, 2, and 3, and procedures for regularly measuring and disclosing any emissions for which the organization is liable.

Increase consumer awareness: Organize focused initiatives to raise awareness and make a strong argument for the quick adoption of sustainable practices.

As sustainability has climbed to the top of policy agendas, companies need a framework for the future, which will allow them to enhance the region’s competitiveness, whilst protecting the environment. Which areas can provide significant growth opportunities? Of course, sustainable mobility, buildings, energy supply and agriculture, smart food chains and the preservation of natural capital, and resource efficiency.

The Sustainability Academy offers unique certified courses for professionals on all fields of Sustainability and ESG, such as Corporate Sustainability: Foundation Course, Carbon Reduction and Net Zero Strategies(Updated version), Sustainability(ESG) Reporting, ESG Impact and Sustainable Investing, Circular Economy, SASB and TCFD Reporting. The courses provide a certified qualification to professionals so they can meet the high demands of their positions and the requirements of stakeholders.

 

 

 

The International Labor Organization estimates that the green economy might generate 24 million jobs globally by 2030, making green skills crucial to the transition to a green economy. But where is this demand being seen the most?

 

Over the past 5 years, green jobs postings have increased by 8% every year, and this demand has already exceeded supply. As countries and worldwide communities take action to combat climate change and protect biodiversity, green jobs will probably continue to expand. Governments and businesses are pledging to cut carbon emissions or meet other sustainability targets, subsequently driving the need for green jobs. However, industries that aren’t often considered green, like finance and technology, are looking for more people with green talents.

 

This sudden demand for environmental professionals is growing across a broad spectrum of industries, including banking, fashion technology, and transportation in addition to the more obvious ones like renewable energy. While many of these skills are highly specialized and concentrated in traditional green occupations like environmental scientists, sustainability managers, or wildlife biologists, we also observe a growing trend of green skills among professionals in occupations that are not typically thought of as “green.” Salespeople, designers, and stylists, for instance, are becoming more and more interested in sustainable fashion and pollution avoidance. Additionally, portfolio managers and investment analysts are increasingly reporting on sustainable investing in environmental financing. All different kinds of roles are gradually incorporating green capabilities.

 

There’s no such thing as a single “green industry” anymore. We are seeing green jobs span across a wide range of industries, from the obvious ones like renewable energy, to more unexpected ones like finance, fashion technologies and transportation industries. According to a survey published by LinkedIn in February 2022, the global demand for green talents is growing most rapidly in the fashion industry. WEF has published that green jobs and talent are actually more prevalent overall in the healthcare, agricultural, transportation, construction, and manufacturing industries, despite green talent development expanding more quickly in industries like energy and mining.

 

Green jobs and green skills are increasing in most industries Image: LinkedIn

 

CSE’s online courses are offered through the globally awarded Sustainability Academy. They are certified online courses on the most important issues of Sustainability and Corporate Responsibility and more than 5.000 professionals from top corporations around the world have already joined them. Sustainability Academy also offers group courses for organizations that want to educate their staff, stakeholders, and other interested parties.

Learn more about Sustainability Academy certified online courses and group courses here.

 

For more information: events@cse-net.org

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