We are proud of the progress we have made, and the impact we have had over the last 10 years—even as we continue to embed sustainability practices throughout our company and value chain.
The Financial Stability Board's Task Force on Climate-related Financial Disclosures (TCFD) has developed recommendations that help companies disclose climate-related risks and opportunities in their financial filings and help investors make better-informed decisions. Now, TCFD is asking for companies with publicly-listed debt or equity and financial institutions to sign on in support of the effort. GRI encourages companies to join the momentum.
The frequency and intensity of data breaches are on the rise worldwide. More than 4.5 billion records were compromised in the first half of 2018, a 133 percent increase over last year, according to Gemalto’s Breach Level Index. Numbers like these make consumers understandably wary of sharing their personal information with companies, and they also represent a significant risk for the world’s top firms.
As the private sector adopts climate disclosure standards established by the Task Force on Climate-Related Financial Disclosures (TCFD), the oil and gas industry faces increasing pressure from its investors to disclose how it is managing climate risk, including emissions of methane from oil and gas.
We have dedicated the past two years to transforming our business. During that time, we have quickly built up our market-leading portfolio through internal innovation, as well as through the acquisition of several strategic cyber security companies.
Over the last twelve months, we also took a step back to validate Symantec’s corporate responsibility strategy and our approach to disclosure. We re-assessed key concerns of external stakeholders and met with a broad range of internal leaders to inform our thinking. Based on these conversations, we restructured our priorities and reconfirmed our support for the United Nations Global Compact’s 10 principles to protect human rights, uphold ethical labor conditions, protect the environment, and combat corruption.
Sustainability is one of the highest priorities on today's CEO agenda. Climate change is dramatically impacting the planet and creating new business risks. So how are companies responding to mitigating environmental damage and ensuring long-term resiliency through increased use of digitization?
With lessons from AEG, Entrade, Walmart and WWF, leaders should consider five key strategies.
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