Corpera is a corporate affairs consultancy firm with offices in Istanbul and Brussels.
The Green Deal, an initiative launched by the European Union (EU), aims to make the EU carbon neutral by 2050. The deal encompasses a wide range of measures to tackle climate change, from reducing emissions to increasing energy efficiency. The textile industry, which is a major contributor to the EU’s carbon footprint, will likely be affected by this initiative.
* This is a part of our ESG article series prepared in partnership with Corpera Consulting and ACE Consultancy. Over the past few years, environmental, social and governance (ESG) issues have been even more important than expected. ESG factors became a key area of focus for a range of stakeholders and companies. The rise of […]
We have to understand where this discussion, which was sparked by the announcement of Business Roundtable, represented by the CEO of 181 international companies, in August, and how it might have consequences. You ask why? Because a new understanding is coming that defends that companies should take advantage of other stakeholders, especially employees and society, as well as […]
The reason why a business existed was to make money in the past decades. For those who wanted their investment to pay off and grow, both the good and bad things that happened to the community surrounding their business were not at the forefront. However, time has changed not only for investors but also how […]
The roots of ESG goes back to 2006 when former Secretary-General of the United Nations, Kofi Annan, encouraged large financial institutions to join the ESG Capital Markets Integration Initiative under the United Nations Global Compact.
In our previous article about environmental investment, we talked about why it’s getting important to invest in an environmentally responsible future. It is an area that currently receives a great deal of attention, as concerns about climate change are becoming an ever-growing emergency. Even though there’s a lot more to be done on the environmental part, questions regarding […]
Following his remarks, the Turkish parliament has ratified the agreement on Wednesday, October 6. Along with its much-anticipated outcomes for the environment, the ratification of the Paris Agreement is expected to create a significant impact on Turkey’s private sector in terms of investment, production, and employment policies and accelerate ESG activities for businesses across the country.
Today, many companies feel the pressure to respond to the growing public interest in environmental, social and governance (ESG) issues. Those who already invested in this area are quite unsure about how to improve their ESG performance. So, how can you confidently start the sustainability path or improve your ESG score? We have 6 recommendations on how to boost your ESG performance.
The world’s largest attended climate change conference, COP27, started on 6 November 2022. The agenda of COP27, held in Sharm el-Sheikh, Egypt, is clear: Climate justice and loss-harm mechanisms. World leaders are coming together to discuss actions to combat the climate crisis at the 27th United Nations (UN) Climate Summit (COP27).
The European Council and Parliament agreed to amend the Corporate Sustainability Reporting Directive (CSRD) on 10.11.2022. Along with this recent development, new environmental, social and governance (ESG) reporting requirements in the European Union are set to fundamentally change the nonfinancial reporting landscape.
The CSRD will impact Turkish companies that operate or want to operate within the EU market. In this article, we explore the specific challenges and opportunities that Turkish companies will face in complying with the EU’s Corporate Sustainability Reporting Directive (CSRD). Compliance with the CSRD can present challenges and opportunities for Turkish companies: Challenges: Opportunities: […]