Tag: 3BL

As the largest global provider of computing devices to Education, Lenovo believes it has a responsibility to invest in STEM (science, technology, engineering, math) learning for students everywhere. Investing in STEM education not only fulfills our corporate vision to provide smarter technology for all, but also creates future innovators who can help overcome the challenges the world faces today. Whether mitigating climate change, researching cures for disease, or exploring space, humankind’s boldest dreams require a strong and diverse pipeline of STEM talent.

In alignment with the UN Sustainable Development Goals, Lenovo global philanthropy focuses on reducing inequalities, quality education, and poverty reduction. The company and the Lenovo Foundation partners with charitable organizations, educational institutions, and civic groups to empower under-represented populations with access to technology and STEM education. In FY 2023/24 Lenovo made more than USD $21M in charitable impact through partnerships, programs and volunteerism.

Among the dozens of STEM programs funded by Lenovo worldwide in recent years include:

Girls Belong in Tech – a Lenovo initiative to help high school and middle school girls in the United States discover careers in the technology field.Solve Education – a program to promote access to a digital game-based learning environment on STEM and employability skills for low-income children in Southeast Asia.STEMintheCity – organized by Municipality of Milan, the program promotes STEM education, closing the gender gap in STEM-related professions, and dispelling cultural stereotypes.Becometech – as part of its annual Love On month of service, local Lenovo volunteers in Paris and the partnering organization delivered a month-long STEM discovery and free training program for teenage girls.WISE – Women in STEM entrepreneurship across Latin America is focused on diversifying the talent pipeline and bringing more women into STEM.African Storybook – looks at language, and specifically how a lack of exposure to the written word can impact education outcomes. Lenovo supports their mission to widen access to storybooks in the many languages of Africa to enhance children’s literacy and imagination.Children on the Edge – addresses the physical barriers to accessing education, working with refugee communities around the world to deliver educational tools and training to help create safe, protective environments where children can learn and thrive.

All around the world, NGOs and charitable organizations Lenovo partners with share an unwavering belief that science and technology can be a big force for good and there must be more equitable access to these fields so the world can benefit from a larger and more diverse pool of STEM talent.

STEM’s Uneven Playing Field

STEM education prepares students for careers in high-demand fields such as engineering, computer science, biotechnology, and healthcare. By equipping young people with technical skills and problem-solving abilities, STEM education contributes to a skilled workforce that drives innovation and economic growth.

However, women and minorities are frequently under-represented in STEM fields. Too frequently, cultural norms about suitable careers for women and underfunded schools in low-income communities result in diverting kids away from future STEM careers. The gender gap is striking, women represent 24% of the STEM workforce in the United States, 17% in the European Union, 16% in Japan, and 14% in India.1

The lack of diversity and inclusion in STEM is highly concerning because it limits the opportunity for individuals and communities by leaving them behind in the growing global knowledge economy. In addition, it hinders the pursuit of scientific knowledge and technological innovation by robbing the fields of so much unrealized talent. Moreover, the diversity of ideas and experiences by a heterogeneous group of innovators is critical for creating smarter technology for all.

This is why Lenovo has placed STEM education at the forefront of its philanthropic activities.

Supporting the Future of STEM Education

Lenovo’s support of STEM education is not just philanthropy, it’s part of our business. In addition to offering the widest portfolio of education ready devices for students at all levels, we also provide the software and services that support teachers and new pedagogies for STEM learning.

Lenovo EdTech Consulting Services are two pronged. Our strategic planning services support schools in creating a roadmap for digital transformation that addresses changing educational needs and focuses on student outcomes. Lenovo’s professional development services focus on educators’ digital skills development, pedagogy, and instructional design to help address the transformational challenges educators face when adopting new technologies in the classroom.

As educators worldwide look for resources to better prepare students for careers of the future, Lenovo is supporting the Intel® Skills for Innovation Initiative (SFI), and its mission to integrate technology into classroom learning. The initiative offers professional development resources for teachers to help them become leaders of technology-infused learning experiences and facilitators of future-ready skill building as well as a library of over 100 lessons that integrate emerging technologies across the disciplines.

Lenovo, the only global OEM partner to design content specifically for SFI, is offering six technology-focused starter pack lessons for educators. These standards-aligned lessons develop design thinking and computational thinking skill sets through modeling more sustainable cities, designing the laptop of the future, and designing racing bikes based on Lenovo’s collaboration with Ducati Corse, and using supercomputing to model DNA for cancer research.

Lenovo will continue to use its technology, expertise, and global reach to help level the playing field in education, provide more STEM learning opportunities to more children, and build a world with more scientists, innovators, and problem solvers.

Visit our website to learn more about Lenovo’s portfolio of education solutions.

1 MIT Professional Education – The Gender Gap in STEM: Still Gaping in 2023 

As seen on commonimpact.org

Charlotte Rocker and Dan Barnett might come from different worlds, but they share a common passion for making a difference. Charlotte, a dynamic product strategy lead at Novartis, is passionate about bringing innovative medicines to patients in need. On the other hand, Dan is a dedicated leader in the nonprofit sector, steering Students 2 Science (S2S) as the Chief Development officer to bring STEM education to students across New Jersey. Despite their different backgrounds, they crossed paths through a skills-based volunteering project organized by Novartis and Common Impact. This collaboration united their expertise and made a remarkable impact on the mission of S2S while laying the foundation for Charlotte to join S2S as a board member.

Charlotte’s Path to the Board of Directors

Charlotte was first introduced to skills-based volunteering through Novartis’s Flash Consulting Day of Service, where employees volunteered their skills to assist STEM-focused nonprofits in New Jersey. Charlotte reflected on this experience, saying, “I hadn’t previously heard of skills-based volunteering; once I learned about it, it felt like a powerful way for me to ‘give back’ some of the skills I’ve built in my career.”

Growing up in New Jersey and now raising her family there, Charlotte resonated with the mission of S2S. “I struggled in science and math and considered those subjects to be ‘not for me.’ It wasn’t until I got to college that I found my true passion for healthcare. I love the idea of helping young students connect to STEM earlier in their lives, with the hope that it can set them up for meaningful education and career opportunities.”

Charlotte’s involvement didn’t stop at volunteering for a day. Her leadership and passion for the mission led to her joining the S2S board of directors. Reflecting on this transition, Charlotte said, “I was surprised and flattered when Dan reached out to me. I am excited to continue supporting S2S long-term instead of just for one day. I hope I can continue to bring a strong external perspective that will challenge and support S2S during its next phase of growth”

Volunteers Support Students 2 Science’s Mission and Help Transform their Financial Approach

S2S is dedicated to inspiring, motivating, and educating students in STEM subjects while equipping them with the skills and opportunities needed for long-term success. The Novartis Day of Service provided a valuable step for the nonprofit to tap into corporate expertise to improve its operations and financial model. With a vision to expand their programs to impact 450,000 students annually, operating 3-5 technology centers in targeted areas, and developing curriculum aligned with future workforce needs, S2S is committed to ensuring that all students in New Jersey have access to vital STEM learning opportunities and career pathways.

Dan Barnett, reflecting on the experience, stated, “I appreciated the thoughtfulness and the time that the Novartis employees dedicated to our project during the Day of Service. The experience gave us an unbiased perspective on how we could improve our operations and financial model. An assessment of our current financial plan was essential to ensure viability, financial feasibility, and long-term sustainability,” Dan shared. “As a result of the event, Students 2 Science has already made several structural changes, with a complete overhaul of our fee-for-service model forthcoming.”

Dan also spoke highly of Charlotte, who was instrumental during the project. “Charlotte’s level of engagement and passion for wanting to help S2S achieve our mission and vision was impressive. As we look to expand our board of trustees with a greater focus on specific skills that would assist the organization, I knew that Charlotte would be a fantastic addition to the board,” he said.

Creating Lasting Connections through Skills-Based Volunteering 

Skills-based volunteering creates long-lasting connections. Volunteers like Charlotte sharpen and develop their skills by connecting to social causes they care about. Nonprofits, like S2S, expand their network and engage individuals they would not otherwise meet.

Dan Barnett observed, “we were fortunate to meet several individuals who shared a passion for our mission and want the nonprofit to continue to thrive, so I look forward to continuing to develop relationships with them.”

Charlotte summed up her experience by saying, “I never would have found S2S without this skills-based volunteering opportunity, so thank you!” This partnership exemplifies how bridging sectors through collaboration can lead to meaningful and enduring relationships that benefit both the volunteers and the nonprofits.

For more social impact content like this, follow us on LinkedIn and sign-up for our monthly newsletter. Ready to learn more about skills-based volunteering? Reach out.

At AMD, we put our corporate responsibility (CR) into action by prioritizing key focus areas, investing in strategic initiatives and partnerships, and transparently reporting on our progress. Now 29 years into our sustainability reporting journey, AMD is building on this strong foundation as we deepen stakeholder engagement, leverage value chain collaborations, and prepare for emerging sustainability reporting regulations.

In 2023, we conducted a “double materiality” assessment to prioritize CR issues through two lenses: the potential impact on the business and the potential impact the business has on society and the environment. In parallel, we conducted our first Human Rights Saliency Assessment, which informed updates to our global human rights policy and strategy. The insights underscore the importance of leveraging collaborations where we have influence, like responsible mineral sourcing and supplier sustainability performance – while driving progress where we have control, like reducing operational emissions, advancing energy efficiency, and contributing to our AMD communities.

To help address systemic industry challenges, like decarbonizing Scope 3 emissions and mitigating forced labor risks in the supply chain, AMD holds leadership positions in the largest industry coalition in the world dedicated to supply chain sustainability: the Responsible Business Alliance (RBA). AMD continues to serve on RBA’s Board of Directors as well as the Senior Environmental Advisory Team. We also participated in the inaugural RBA Forced Labor Summit in Washington D.C. with global leaders, financially supported the RBA audit fund for the Responsible Minerals Initiative, and steered the RBA environmental strategy roadmap.

As a founding member of the Semiconductor Climate Consortium, we sponsored its Energy Collaborative in 2023 to help improve renewable energy access in Asia-Pacific. Alongside this work, we began developing a climate transition action plan (CTAP) that incorporates climate scenario analyses used to consider potential futures with associated strategic implications, including physical risks and market opportunities. Development of the CTAP is ongoing as we will continue to report on our decarbonization strategy, timeline, and progress.

As examples, from 2020-2023, we more than doubled the amount of renewable energy sourced for our operations (from 36 to 83 GWh). We also continued to increase sustainability collaborations with our “Manufacturing Suppliers,” which AMD buys from directly and that provides direct materials and/or manufacturing services. As of 2023, 84% of these suppliers had their own public GHG goals, and 83% of the facilities operated by these suppliers had RBA audits (since 2020). These key metrics are among the eight AMD CR goals that underwent third-party limited-level assurance for 2023.

Looking forward, our foundational CR work puts us in a strong position to meet forthcoming regulations, including the SEC Climate Rule and EU Corporate Sustainability Reporting Directive (CSRD). We thank our employees and partners for their steadfast support to help put AMD CR values into action every day.

Read more at https://www.amd.com/en/corporate/corporate-responsibility.html.

Originally published in AMD 2023-24 Corporate Responsibility Report.

Originally published by CIO Influence

With the first commercial 6G deployments expected around 2030, there is a wave of optimism about the applications and services the technology will support. The IMT-2030 framework has outlined six usage scenarios: ubiquitous connectivity, integrated sensing and communication, AI and communication, immersive communication, massive communication, and hyper-reliable and low-latency communication. Beyond these, 6G aims to connect the unconnected, provide ubiquitous intelligence, embrace security, privacy, and resilience, and be sustainable.

Unlike previous generations, sustainability has been a focus from the start with 6G. It’s a pivotal technology for helping society meet the UN’s Sustainable Development Goals. With 6G, the Information and Communications Technology (ICT) industry is looking to decrease its carbon footprint while helping other sectors reduce their emissions. The wireless technology will provide organizations with connectivity and intelligence about the physical world, enabling them to optimize energy and resource usage.

Let’s explore how the next generation of networks has the potential to support a more sustainable industry and some critical use cases it will enable.

Also Read: What CIOs and IT Leaders Need to Know About Spatial Computing?

6G Sustainable by Design

1. More Efficient Networks

One of the most discussed ways to make networks greener is to reduce power consumption. Over the past five years, many energy efficiency improvements have been made by using techniques like deep sleep mode, which turns power amplifiers and transmitters off when they are not in use. AI-powered resource optimization has the potential to make 6G networks more efficient and lower energy consumption. Power usage must decrease, and it will take a combination of architectural innovations and advanced hardware optimization to achieve this.

2. Focus on Circular Economy

6G must incorporate circular economy principles into the design flow to meet its sustainability goals. These are referred to as the nine Rs: reduce by design or rethink, refuse, reduce, reuse, repair, refurbish, remanufacture, repurpose, and recycle. The industry has focused on “reduction” for many years, such as lowering power consumption in networks. However, the other Rs are vital to ensure 6G is sustainable across all facets, including water, land, and resource usage.

3. Improved KPIs for Sustainability

With today’s 5G networks, many KPIs measure performance; however, there is a lack of agreed-upon indicators to evaluate wireless systems’ sustainability. The idea of observability, or recording and reporting specific metrics, will continue to play a role in environmental KPIs. For example, this requires standardized ways to measure and report the energy consumption of a component, device, and the end-to-end system.

However, beyond defined KPIs that can be observed, 6G will need to implement the concept of choice into its systems. Each design decision comes with a tradeoff. For example, lowering the output power of a base station may significantly degrade signal quality, making it an unrealistic choice. Wireless systems are notoriously complex, and choice is required to make the right decisions for network optimization.

Also Read: CIO Influence Interview with Kelly Ahuja, CEO, Versa Networks

6G Sustainable Applications

In addition to creating a more sustainable ICT industry, 6G can help other sectors reduce their emissions. Below are a handful of examples.

Transportation

The ultra-low latency and high bandwidth of 6G will support more efficient transportation in various ways. Electric vehicles’ energy consumption can be optimized by monitoring usage and more efficiently managing charging stations. Additionally, the global coverage 6G will provide can support innovations like drone delivery, lowering overall energy usage compared to truck fleets.

Industry

Consider a typical assembly line in manufacturing, where robots and humans repeatedly perform a task as a product makes its way down the line. In a smart factory, 6G can combine sensing with communications to give robots a better understanding of the environment, enabling them to collaborate on complex tasks and carry out multiple jobs. Next generation networks will help optimize robotic resources and production floor space.

Work Smarter

6G networks will enable augmented and virtual reality (AR/VR) to become commonplace. The emerging applications will eliminate the need to travel, helping reduce emissions. For example, AR/VR will allow employees to be trained to operate complex equipment without getting on a plane. In education, the technologies will give students life-like experiences without leaving the classroom.

6G a Sustainability Driver

6G will support a more sustainable world by embracing sustainable design practices, the circular economy, and the concept of choice based on measured observations. Evaluating the performance of 6G systems at all levels—from chipset to handset to the end-to-end network—is critical to provide the insights needed to implement choice.

The industry’s focus on sustainability in next-generation networks is vital to meeting environmental goals. Ensuring the successful rollout of 6G is a critical destination on the journey toward net zero.

Yum! Brands

Yum!’s Unlocking Opportunity Initiative has partnered with Evolve502 to provide tuition-free education and career readiness opportunities for Kentucky’s teens. Watch the video to learn more about how Yum! and Evolve502 are transforming lives and paving the way for a brighter future.

SAN JOSE, Calif., August 26, 2024 /3BL/ – Cadence Design Systems, Inc. (Nasdaq: CDNS) announced the launch of Fem.AI—an initiative to propel women and the industry towards a more equitable tech sector, with an emphasis on opportunities in AI. The Cadence Giving Foundation has committed $20 million towards this initiative, including philanthropic and product donations over the next decade to organizations that align with Fem.AI’s mission. By catalyzing the industry to invest in nonprofits, university students and programs, champion women-led ventures, drive product innovation and leverage industry influence, Fem.AI aims to close the gender gap in this critical space.

Addressing Key Challenges for Women in AI

Despite years of effort, the tech industry is lagging on critical measures of gender balance.

Initial research by Cadence has identified three “leakage points” in the tech/AI ecosystem where women are losing traction:

Completing Higher Education: In 2021, approximately 20% of computer science graduates were female , while 45% of women who start college as STEM majors leave to pursue another degree .Accessing First Jobs: Women with STEM-related degrees face more unemployment challenges post-graduation , with women holding just over 20% of AI roles in US tech companies.Retaining STEM Careers: Over 56% of women in tech are likely to leave the industry before mid-career , further exacerbating the gender gap.

“Achieving true innovation in the current AI revolution requires the full participation of talented individuals, and too many women are slipping through the cracks of the AI pipeline,” said Dr. Anirudh Devgan, president and CEO of Cadence. “Cadence is committed to shrinking the gender gap in AI through Fem.AI, and we hope to be a catalyst within the tech industry by calling for gender equity in the AI workforce and beyond.”

In 2023, Cadence launched a pilot program to assess how to make the biggest impact on this issue, distributing grants to address leakage points. The company partnered with nonprofits, including Break Through Tech, Fast Forward, Generation, Global Semiconductor Alliance’s Women’s Leadership Initiative (WLI), Last Mile Education Fund, Reboot Representation and VC Include. So far this year, these grants have already impacted over 14,000 women.

Future philanthropic donations will be directed to organizations that address leakage points while expanding on existing partnerships and building additional strategic alliances with changemakers to enable a sea change in representation across the tech industry.

Inaugural Fem.AI Summit

At the heart of Fem.AI lies the unification of the industry to shape the course of gender equity endeavors in AI. On October 1, Cadence will host the inaugural Fem.AI Summit to unite business, academia, media and social impact leaders to promote cross-sector collaboration. More details on the summit are forthcoming, with an exciting lineup of speakers and participants expected at the event in Menlo Park.

“The rapid expansion of AI brings immense opportunities for the workforce. However, if women continue to be left out, the effects will hinder innovation and exacerbate current labor shortages in the high-tech sector. Fem.AI is part of Cadence’s ongoing commitment to propelling women in STEM and other inclusion initiatives at the core of the company,” said Tina Jones, senior vice president, Global Human Resources at Cadence. “We believe that innovation thrives when diverse perspectives come together, and through Fem.AI, we hope to move the needle toward gender balance in this space.”

To learn more about Fem.AI, visit https://www.cadence.com/en_US/home/company/foundation/femai.html .

About Cadence

Cadence is a pivotal leader in electronic systems design, building upon more than 30 years of computational software expertise. The company applies its underlying Intelligent System Design strategy to deliver software, hardware and IP that turn design concepts into reality. Cadence customers are the world’s most innovative companies, delivering extraordinary products from chips to boards to complete systems for the most dynamic market applications, including hyperscale computing, 5G communications, automotive, mobile, aerospace, consumer, industrial and healthcare. For 10 years in a row, Fortune magazine has named Cadence one of the 100 Best Companies to Work For. Learn more at www.cadence.com

On this episode of Healthy Outcomes, Baker Tilly host Mark Ross interviews David Gregory, a recently retired principal in the firm’s healthcare practice, who has had a distinguished career spanning over 30 years. His journey began in the late 1980s as an operations manager at NYU Langone Medical Center. In the early 1990s, he transitioned to Prudential Healthcare, where he served as a manager working with healthcare delivery systems. In 1993, David entered the consulting field with Presscott Associates, a firm that provided services across the entire healthcare continuum, including providers, payers and life sciences companies. Presscott was acquired by Baker Tilly in 2013, where David continued his consulting career until his retirement.

Together, they discuss several topics related to the overall healthcare environment, with a focus primarily on healthcare providers.

Specific topics of discussion include: Significant healthcare developments over more than 30 yearsKey challenges facing healthcare provider organizations in the futureMajor opportunities for healthcare provider organizations in the futureAdvice for healthcare leaders navigating challenging timesBeyond healthcare: David’s thoughts on what he’s most looking forward to in the next chapter of his life

Connect with a Baker Tilly specialist to learn more about the healthcare team.

Bread of Life, Inc., a Quest for Health Equity (Q4HE) grantee, recently hosted its third annual Community Baby Shower in Houston, where 100 expectant moms and their guests were showered with refreshments, games, entertainment—and plenty of baby gear.

Guests received giveaway prizes of car seats, diaper bags, high chairs, playpens, and more, and had the opportunity to stock up on essentials like formula, bottles, diapers, and clothing.

“Having a baby is not an easy feat and is often very costly,” said Dr. Morgan Rasmus, Vice President of Education, Bread of Life. “The Community Baby Shower provides parents items they need to support the start of their parenthood journey.”

Bread of Life Academy, which assists Houston’s historically vulnerable population through education and workforce development, and its baby shower program partner, Community Health Choice, a local nonprofit managed care organization committed to helping improve the health and well-being of Texas residents, invited parents who may not have access to a traditional baby shower. Many of the new moms in attendance were sourced through Bread of Life’s monthly food and supply distributions and other outreach programs.

Bread of Life’s network of community health workers worked to empower these first-time parents by addressing social determinant barriers and providing health education and connections to services.

Bread of Life, Inc., a nonprofit organization formed by St. John’s Church in Houston that provides a full spectrum of services and addresses inequities impacting individuals and families, receives support from the Quest Diagnostics Foundation as part of the Quest for Health Equity (Q4HE) initiative. The Q4HE initiative aims to address health disparities in marginalized communities across the US by providing resources, funding, donated testing services, and education.

Bread of Life and the Quest Diagnostics Foundation first teamed up in 2022, launching the Healthy Houston Collective program to improve access to affordable healthcare and reduce health disparities in marginalized communities in Houston and the surrounding area.

To learn more about Bread of Life and its programs, visit www.breadoflifeinc.org.

Members of the Whirlpool Corp. Global IT organization recently joined the Michigan Council of Women in Technology Foundation (MCWT) at Camp Infinity in hopes of inspiring campers in the computer sciences and tech industries. The team tapped into the aspirations of local girls grades 5-8 and answered their questions about what it has been like pursuing careers in technology.

With a high demand for tech talent and women still underrepresented in the field, Whirlpool Foundation remains committed to showcasing inspiring Whirlpool Corp. IT role models and helping young girls crack the code on promising careers in Michigan.

About Whirlpool Corporation

Whirlpool Corporation (NYSE: WHR) is a leading kitchen and laundry appliance company, in constant pursuit of improving life at home and inspiring generations with our brands. The company is driving meaningful innovation to meet the evolving needs of consumers through its iconic brand portfolio, including Whirlpool, KitchenAid, JennAir, Maytag, Amana, Brastemp, Consul, and InSinkErator. In 2023, the company reported approximately $19 billion in annual sales, 59,000 employees, and 55 manufacturing and technology research centers.  Additional information about the company can be found at WhirlpoolCorp.com.

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August 26, 2024 /3BL/ – Global Reporting Initiative (GRI) and the Taskforce on Nature-related Financial Disclosures (TNFD) have today published a joint interoperability mapping resource that gives a detailed overview of alignment between the TNFD Disclosure Recommendations and metrics and the GRI Standards.

Over the past two years, the TNFD and GRI have worked closely together to support the development of each other’s guidance – notably GRI input into the TNFD Recommendations published in September 2023, and TNFD input into the recently published GRI Biodiversity Standard.

Responding to feedback from market participants, the TNFD and GRI have developed a guidance document and correspondence table to help GRI’s 14,000 reporters globally align with the TNFD Recommendations, and assist TNFD adopters in their sustainability reporting according to GRI Standards.

The mapping underscores the high level of alignment achieved between the TNFD Recommendations and metrics and the GRI Standards reporting requirements and datapoints, including:

The use of consistent nature-related concepts and definitions, including the five direct drivers of nature and biodiversity loss, as defined by the Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services (IPBES).The reference and incorporation of GRI’s materiality approach focusing on impacts in the TNFD Recommendations and guidance, following the TNFD’s flexible approach to materiality. The TNFD LEAP approach has been designed to help organizations report in line with both impact and financial materiality.All the disclosures in GRI 101: Biodiversity 2024 are reflected in the TNFD Recommendations. All of the TNFD Recommendations are reflected in the GRI Standards, except those exclusively covering nature-related risk and opportunity identification and assessment.Strong consistency between the TNFD core global disclosure metrics and the related metrics in the GRI Standards. A first mapping of the TNFD sector metrics and the relevant GRI Sector Standards also highlights consistency at this level.The TNFD LEAP approach – guidance for identifying and assessing nature-related issues – is referenced in GRI 101. It pinpoints where impacts on biodiversity are most likely to be present and significant and provides guidance on measuring changes in the state of nature.GRI 101 uses the TNFD definitions and criteria when considering an organization’s location in or near ecologically sensitive areas.

Bastian Buck, Chief Standards Officer at GRI, said:

“The ongoing collaboration of GRI with the TNFD has resulted in this detailed mapping tool, supporting thousands of organizations worldwide that already report their biodiversity impacts using the GRI Standards. This resource enables them to seamlessly integrate the TNFD recommendations, allowing for simplified, single-source reporting. GRI and the TNFD will continue to cooperate to prevent the need for double reporting and ensure organizations can transparently and accountably disclose their impacts.”

Esther An, Chief Sustainability Officer of City Developments Limited (CDL), TNFD Taskforce Member and GRI Supervisory Board Member said:

“Nature risks are business risks that should be measured and disclosed in a more robust manner. Having adopted the GRI 304: Biodiversity (2016) since 2017 and as the first Singapore company to publish disclosures aligned with the TNFD Recommendations in 2024, CDL understands the importance of measuring and managing our nature-related dependencies, impacts, risks and opportunities for long-term resilience. As we look towards adopting the new GRI 101: Biodiversity 2024 in our upcoming sustainability reports, we welcome the interoperability between TNFD and GRI to harmonize the global sustainability reporting landscape.”

Tony Goldner, Executive Director of the TNFD said:

“The release of today’s mapping from GRI and the TNFD will further support market participants needing, or wanting, to report on their nature-related dependencies and impacts leveraging GRI Standards and metrics and in line with the TNFD Recommendations. We look forward to continuing to work with GRI to provide clear, practical support to market participants in their internal assessment and external reporting needs.”

The Global Reporting Initiative (GRI) is the independent not-for-profit organization and standard-setter that is the architect of the common global language used to assess and report on environmental, social, and economic impacts. GRI provides standards, tools and training that enable organizations of all sizes to harness the skills, capabilities and data they need to create sustainable, long-term value and unlock positive change in the world.

In January 2024, the GRI published GRI 101: Biodiversity 2024, a major revision to its earlier Biodiversity Standard, which is aligned to the TNFD Recommendations released in September 2023.

The Taskforce on Nature-related Financial Disclosures (TNFD) is a market-led, science-based and government-backed initiative providing organizations with the tools to act on evolving nature-related issues. It was launched in June 2021 with the support of the G20 Sustainable Finance Working Group and financial support from a number of governments and philanthropic foundations.