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The Rising Importance of ESG: 2023 Report

This 2023 Environmental, Social and Governance (ESG) Report provides a comprehensive overview of Nielsen’s ESG strategy, approach and performance, inclusive of 2022 data. Given the rising importance of providing frequent ESG updates on our progress and strategy for a range of our stakeholders, we plan to continue sharing ESG updates on an annual basis.

This report is organized around our six main ESG topic areas, consistent with previous ESG reports, and includes a narrative overview of each, along with supplemental data and information. In the Appendix of this report, we provide additional data disclosures on topics most relevant to Nielsen. We also provide addenda on two external reporting frameworks: the Sustainability Accounting Standards Board (SASB) and the Task Force on Climate-related Financial Disclosures (TCFD).

Access the report HERE.

Green Public Procurement Guide: Maximizing Environmental Health

Introduction

Green procurement is about minimizing the negative environmental and health impacts associated with purchases made by public bodies. It is about buying products and services that are more energy efficient, less toxic, and create less waste and overall life-cycle costs. Buying ‘greener’ products and services helps minimize the environmental impact of public bodies’ procurement activities, and in many cases provides better value. Comparing products and services may consider elements such as the use of raw materials, packaging, distribution, reuse, operation, maintenance, and the disposal process and requirements. READ MORE

The State of Public Procurement in Canada 2022

About this Report

Staff turnover and supply chain volatility are nothing new, but the impact of these challenges hit procurement teams hard this year. Despite this, we saw a wave of announcements of new sustainable procurement related policies, action plans, and programs being unveiled from public sector organizations across the country. With commitment towards sustainable procurement steady in its upward trend, this year we experienced a noticeable increase of discussion coming particularly from elected officials. Councils, Boards, and other levels of senior leadership are catching on to the importance of incorporating sustainability into their institution’s procurement practices.

Access the report HERE.

Covering all the Bases: Sustainable Supply Chain Management in Canada

Executive Summary

Organizations operating in global supply chains present various opportunities for growth through up-skilling, employment, and local economic growth. However, when organizations fail to conduct business responsibly they contribute to a myriad of social and environmental impacts including forced labour, human poor health and safety and environmental pollution. With the global population expected to reach 9 billion people by 2030, demand for products and services will also increase. Thus, it is becoming increasingly vital for organizations to be responsible across their supply chains and become equipped to deal with future market conditions and emerging sustainability issues. Decision making must move beyond considering not only cost, product quality and risk but environmental and social impacts.

Read the study HERE.

The State of Green Business Following COVID-19

Introduction

There never has been a moment as opportune as this one to be talking about the intersection of business and sustainability. Our world has been rocked on several fronts, most notably by a global pandemic that has caused unspeakable carnage and hardship in every nation. Social unrest, a changing climate, increasing economic inequality, continued racial strife — all contribute to the feeling that the world is unraveling before our eyes.

Access the report HERE.

How to “Wake the Sleeping Giant” that is Public Procurement

Foreward

Public procurement, representing on average 13% to 20% of GDP, can make a critical contribution to the resolution of the current climate, nature and pollution planetary crises. By favouring the purchase of greener products – circular, low carbon, etc. – public authorities can significantly reduce their environmental footprints. Furthermore, governments, as the largest consumers in a given economy, are uniquely positioned to incorporate sustainability criteria into purchasing decisions at a scale that can be transformative. These SPP Guidelines aim to provide a strong departure point and appropriate guidance for all governments and organizations interested in sustainable public procurement. This second edition presents key success factors, best practices and a great number of resources to enhance SPP implementation. It incorporates all the lessons drawn from a decade of support to SPP.

Access the guidelines HERE.

Refocusing Public Procurement: A Guidance Note

Executive Summary

This guidance note aims to assist Asian Development Bank (ADB) staff and borrowers (including grant recipients) by explaining the approach of ADB to sustainable public procurement in ADB’s project and procurement cycle. It details how to incorporate sustainable public procurement (SusPP) into procurement transactions financed in whole or in part by an ADB loan or grant, or by ADB-administered funds

Access the guidance note HERE.

The Contribution of Sustainable Procurement to the UN SDGs

Executive Summary

The Barometer provides an account of organizational practices according to five maturity levels (little concern, commitment, progress, maturity and exemplarity) for each of the five aspects of sustainable procurement (vision, policy and governance, stakeholder mobilization, operationalization and assessment).In 2020, the attainment of the 2020 United Nations Sustainable Development Goals, climate action, circular economy and social development are at the core of the concerns of sustainable organizations. The methodology of the 2020 Barometer was expanded to account for these dimensions.

Access the report HERE

A Guidebook for Viable Values-Based Businesses

What does a viable values-based business look like?

Businesses have a vital role to play in building a better world for people and the environment, and incorporating values into their operations achieves significant positive impacts in our communities. Values-based businesses are shaped and led in all ways by community-focused values that guide how they use their resources, how they plan for the future and how they treat their constituents and employees.

Access the guidebook HERE.

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Federal Government Incentivizes Supplier Climate Action via New Standard on Disclosure and Target Setting

The CCSP sat for the fourth Peer Exchange of the year on June 22nd. In this session, members received a special update directly from the Federal Government on its new Standard on the Disclosure of GHG Emissions and Setting of Reduction Targets. 

On April 1st, 2023, a new Federal Standard came into effect to further incentivize Canadian businesses to take action on reducing their carbon emissions. The Standard on the Disclosure of GHG Emissions and Setting of Reduction Targets applies to Federal procurements over $25 million and requires suppliers to measure and disclose their greenhouse gas (GHG) emissions and adopt a science-based target to reduce their emissions (in line with the Paris Agreement). Based on data from 2018 – 2021, this new Standard is projected to influence around 140 contract per year.

CCSP members heard from senior representatives from the Treasury Board of Canada Secretariat (TBS), Public Services and Procurement Canada (PSPC), and Environment and Climate Change Canada (ECCC) to learn more about how this standard is being implemented in procurement and the new disclosure initiative being managed by the Federal Government.

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