Daily CSR
Daily CSR

Daily CSR
Daily news about corporate social responsibility, ethics and sustainability

Direct Relief’s $2 Billion Milestone: Advancing Global Health Equity


Addressing today’s sustainability challenges, including climate change, hinges on united efforts, shared initiatives, and creative advancements. The moment has come for entities involved in sustainability, corporations, governmental bodies, and societal organizations to join forces and innovate groundbreaking solutions for the climate. The ISEAL Innovations Fund is at the forefront, facilitating such collaborative efforts.

As the United Nations Climate Change Conference (COP28) progresses in the United Arab Emirates, it serves as a call to action for countries to come together, take decisive steps, and fulfill their commitments. The pressing issue at hand is the reduction of greenhouse gas emissions and the discovery of adaptive strategies for communities most affected by climate change.

This intricate international matter demands a concerted effort from various parties to grasp the intricacies and craft viable strategies. The urgency of the climate crisis has prompted individuals, governments, enterprises, and producers to pledge to significant climate objectives. These actors are in need of dependable allies to guide them in making informed decisions that will advance their climate-related endeavors, and this is precisely the domain where sustainability systems play a pivotal role.

Innovation is not just an option; it’s a necessity. We require approaches that are effective across multifaceted domains, that can surmount the hurdles of politics, environment, and economy, and that can instigate enduring transformations.

Meeting this challenge head-on, the ISEAL Innovations Fund, with backing from the Swiss State Secretariat for Economic Affairs SECO, has been empowering its members to work with a broad spectrum of stakeholders. This collaboration aims to investigate and pilot novel methodologies by which sustainability systems can bolster climate measures, ranging from the development of systems to monitor and authenticate greenhouse gas (GHG) emissions to establishing best practices for emissions tracking.

Acknowledging the persistent need for ingenuity in this sector, a specialized funding round focusing on climate was recently initiated. The Fund has pledged support for new initiatives that seek out inventive methods for sustainability systems to aid in the measurement and authentication of GHG emissions, facilitate climate mitigation and adaptation for small-scale and marginalized producers, and assist in the transformation of sectors or landscapes.

Armed with a variety of tactics, ambitious goals, and trustworthy methods, the ISEAL network of sustainability systems is positioning itself as a reliable partner to back climate actions in both the private and public sectors.
Reliable tracking and disclosure of greenhouse gas (GHG) emissions are being adopted by ISEAL members through pioneering methods and strategies to aid businesses, supply chain participants, and governments in combating climate change. Many members have incorporated GHG emission-related standards for a while, but now they are expanding to include additional measures like tracking carbon capture.

The Fund has previously backed a Gold Standard-led initiative that united various ISEAL members to develop a standardized framework for effective measurement and reporting of GHG emissions, with a focus on Scope 3 emissions. Building upon this initiative’s insights, a new project spearheaded by Better Cotton is set to explore methodologies for gathering, processing, and disclosing GHG data within agricultural supply chains, as well as examining the feasibility and obstacles of implementing these methods across diverse custody chains.

Investments in Value Chain Emission Reductions The recent rise in corporate climate pledges has led companies to seek methods to curtail GHG emissions throughout their value chains. Insetting actions offer a means for companies to diminish these emissions by investing in ecological solutions or other mitigation efforts within their sourcing regions and businesses. The question remains, what constitutes credible insetting? To address this, the Fund is backing a Climate Neutral Group-led project to broaden the understanding of this relatively novel concept. This project aims to consolidate current knowledge and investigate fresh perspectives, thereby establishing best practices in insetting for other sustainability systems to emulate.

Fostering Determined Climate Initiatives The Innovations Fund is currently experiencing a thrilling phase as it endorses an array of scalable, cooperative endeavors from sustainability systems and their allies to advance climate initiatives. The era of isolated climate change efforts is over, and we are witnessing the rise of a collective movement aimed at a unified objective: to alleviate climate change and ensure a sustainable future.

We eagerly anticipate collaborating with our members and partners, and we are optimistic about the potential of these nascent climate strategies and methodologies to open up new pathways and enhance the capacity to effectuate meaningful change.