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2024 Asia-Pacific Sustainability Report Analysis Released: Northeast Asian Enterprises take Top 3

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7 months ago

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Asia-Pacific Disclosure Performance Lowers Compared to Previous Year

SDGs Midterm Roundup, Enterprises May Face SDG Washing Crisis

[Five Key Findings]＊please refer to complete report for detailed research findings

[Overall Performance] Northeast Asian enterprises take Top 3 of the Top 10 Regional Sustainability Results. Asia-Pacific ESG standards reach over 550, but overall disclosure performance average decreases by 6.9%[Value Chain, Net-Zer] Value chain decarbonization era is here. 56.2% of Asia-Pacific enterprises have not included Scope 3 in their net-zero targets[Biodiversity] T-x-FD multiverse. 12.5% of enterprise management expands vision to “natural capital” and sets biodiversity targets[Social Rights] “DEI+J” shifts sustainability perspective from Environment to Social, up to 92.7% of enterprises publicly explains their “social justice and human rights”[Greenwashing Issues] SDGs washing becoming a trend. Singapore highest level of management activeness while China and Hong Kong have high responses but less capable to take action

TAIPEI, June 3, 2024 /PRNewswire/ — CSRone Intelligence Platform (CSRone), leading sustainability brand in Taiwan, officially publishes the 2024 Asia-Pacific Sustainability Report Current Status and Trend on 10 Countries. The report studied 10 Asia-Pacific countries/regions and the Top 10 enterprises based on market value shared by Forbes. The overall performance ranking placed Taiwan as first place again, with South Korea and Japan taking second and third place, respectively. However, the overall performance average for Asia-Pacific enterprise sustainability disclosure dropped compared to the previous year. The research further discovered that there is a gap between corporate promises and their actual outcomes, causing the “sustainability promise bubble” to become more apparent.

The Asia-Pacific spans across the Pacific region including parts of Asia, America, and Oceania. Accounting for 60% of the world’s population and over 50% of global economic trade, Asia-Pacific plays a significant role in the transformation of the world’s economic growth and sustainability development. The 2024 Asia-Pacific Sustainability Report Current Status and Trend on 10 Countries published by CSRone is based on the disclosure transparency and management activeness gap, relative laws, and enterprise and industry relationship analyzation on the gathered sustainability performance, net-zero strategy, regulation standard, and industry data.

Overall Asia-Pacific enterprise sustainability disclosure performance drops, 56.2% have not included Scope 3 in their net-zero target

Based on cross-research on the ESG regulation development and enterprise disclosure activeness relationship, Europe announced a total of 776 policies from 1990 until 2020, becoming the most active policy announcement region. Asia-Pacific follows closely by announcing 556 ESG-related policies, but the overall Asia-Pacific disclosure performance did not rise according to the disclosure performance policies. This year’s study shows that the best performance countries/regions are Taiwan, South Korea, and Japan, demonstrating a comprehensive ESG issue management and communication. A closure analyzation discovers that the Top 10 Asia-Pacific rating lowered by 6.9% which is due to enterprises’ detailed description on ESG behavior and performance but disclosure on target and validation being conservative or nonexistent. Enterprises’ decarbonization value chain action is closely linked to their accomplishment of their net-zero target; the greenhouse gas emissions management of Scope 1 to Scope 3 of is top priority. 70.8％ of the enterprises have already set net-zero goals, but up to 56.2％ have not included Scope 3 in their goal setting and disclosure range. Enterprises must management their up- and down-value chain quickly in order to reach their net-zero goals.

Sustainability vision expands continuously, attention on natural capital and social rights increases
Throughout the sustainability framework integration progress, TCFD have expanded to TNFD. The environmental aspect have shifted from the highly attentive climate change and carbon issues towards biodiversity and ecosystem operation including soil and water resource utilization. Up to 95.8% of Asia-Pacific enterprises have mentioned ecosystem balance and biodiversity, with 12.5% setting goals regarding this topic. However, only 2.1% of the enterprises have a validation mechanism, meaning that enterprises need a more comprehensive evaluation regarding core operations and natural capital management.

In addition, the Social aspect of ESG have always had a slower progress compared to the Environment aspect. According to research, 97.9% of the enterprises stress DEI as one of their corporate sustainability development issues by mentioning the value of talent diversity during recruitment and retainment. In recent years, international conflicts continue to occur due to gender and racial confrontations. As a result, countries/regions and enterprises are including Justice in their DEI management. Up to 92.7% of the enterprises have publicly shared their “Social Justice and Human Rights” issue. Although there is high attention for natural capital and social rights, the implementation of these management goals and validation mechanism have greatly lowered.

Most enterprises only disclose SDGs but rarely accomplish goals
Over half of the time has passed since the SDGs’ introduction in 2015 until now; now is the time to start assessing progress and outcomes. Taiwan, Singapore, and Japan are leading when it comes to pushing the SDGs goals, with Singapore positioned as first place for overall SDGs operation integration. What’s worth noticing is that up to 89.6% of the countries/regions “mention” SDGs but only 32.3% set goals and carry out their promises and only 5.2% establish a validation mechanism. Research shows that China and Hong Kong enterprises remain in the stage where they discuss the connection between SDGs and their corporate development direction but do not have specific SDGs programs for improvement.

The ten Asia-Pacific countries play a significant role in economic, trade, and sustainability transition. The main point is to close the gap between national policies and enterprises’ progress. If there are not any concrete commitments or implementation, SDGs goals are merely words. Enterprises must contemplate more on the materiality between SDGs and their operations to prevent SDG washing and its negative impact and operational shock.

[News Material]

News Material Download: https://reurl.cc/LWQd8yFull Report Download: https://csrone.com/reports/6806

[About the Beyond Sustainability! Trends of Sustainability in Asia-Pacific]

CSRone Intelligence Platform has conducted an annual survey and analysis of sustainability information disclosure in Taiwan since 2013, with results regularly published in March. Starting in 2018, the database for the report expanded its collection to include the sustainability reports of the top 10 companies from 10 countries and regions in the Asia-Pacific, including China, Japan, India, South Korea, Hong Kong, Malaysia, Singapore, Taiwan, and Australia.

The research led by senior consultants Richard Chen, Alice Chang, and Tracy Ni with a research team, sets out six major research hypotheses and uses 185 indicators, sets out six major research hypotheses and uses 185 analysis indicators. It deeply deconstructs the differences between “disclosure transparency” and “management proactiveness” while examining the relationships among national regulations and between companies/industries. The report analyzes information on sustainability performance, net-zero strategies, SDGs, DEI, legal regulations, and industry trends. This report enables stakeholders to understand how companies in the Asia-Pacific region practice sustainable development, making it one of the best guides for understanding sustainability trends in this region.

[Research Sample and Period]

Sample Collection: A total of 96 sustainability reports from 10 Asia-Pacific countries/regions were collected.Research Subjects: The 10 Asia-Pacific countries/regions include Taiwan, Japan, China, Hong Kong, India, Singapore, Malaysia, Thailand, Australia, South Korea. The Top 10 enterprises selected are based on the disclosed sustainability report/data based on the Forbes global 2,000 enterprises.Research Period: Publicly published 2023 sustainability reports, with disclosure period being 2022/1/1 until 2022/12/31; parts of disclosed information of the sustainability report may differ due to enterprise disclosure difference.

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SOURCE CSRone

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As 2025 IRS Mileage Rate Hits 70 Cents, Expert Warns: Ditch Risky Apps for Secure Paper Tracking

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4 hours ago

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December 22, 2024

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Gig economy expert Ed Ryder warns against the risks of mileage tracking apps, and advocates using paper-based tracking methods instead. He introduces The Big Mileage Form, a secure alternative developed over two years to meet the specific needs of food delivery gig workers. Ryder highlights recent tech failures, like the July 2024 global IT outage, to underscore the vulnerabilities of digital solutions. The press release also mentions Ryder’s significant mileage deduction using his form and directs readers to GigCoach.net for additional resources, including a consumer tutorial to drive better food delivery outcomes and a gig coach training program.

PHILADELPHIA, Dec. 22, 2024 /PRNewswire-PRWeb/ — As the IRS announces a standard mileage rate of 70 cents per mile for 2025, gig economy expert Ed Ryder, who has completed over 10,000 deliveries with his own car using major food delivery platforms, urges fellow gig workers to reconsider their mileage tracking methods. While acknowledging the convenience of digital solutions, Ryder advocates for a return to secure, paper-based tracking to protect valuable mileage deductions.

With the mileage rate at 70 cents, accurate tracking is crucial for gig workers and small business owners. Mileage apps seem convenient, but they risk data loss from outages, glitches, and cyber attacks. Many overlook these significant dangers.

“With the mileage rate increasing to 70 cents, accurate tracking is more crucial than ever for gig workers and small business owners,” says Ryder, creator of The Big Mileage Form. “While mileage tracking apps seem convenient, they come with significant risks that many overlook. Network outages, app glitches, and cyber attacks can jeopardize months of data.”

Ryder points to the July 2024 global IT outage as a prime example of technology’s vulnerabilities. “A faulty software update caused mass airline disruptions and impacted other industries, catching major corporations off guard. This incident highlights that even in our digital age, software isn’t infallible. For me, I simply won’t trust mileage tracking apps with my most important tax deduction.”

To address these concerns, Ryder developed a comprehensive, paper-based solution. “I spent two years perfecting The Big Mileage Form, tailoring it to the specific needs of food delivery gig workers,” he explains. “At 11×17 inches, it provides ample space for detailed record-keeping and, crucially, it’s immune to software glitches, data breaches, and ransomware attacks.”

Ryder’s meticulous paper-based record-keeping resulted in a mileage deduction exceeding $19,000 on his 2023 federal taxes. “All my business-related miles are thoroughly documented on paper. I’m fully prepared to defend this deduction in case of an audit. This level of confidence is what I aim to provide other gig workers.”

“In today’s digital age, sometimes the most secure solution is the simplest one,” Ryder concludes. “My form not only ensures data security but also prepares users for potential IRS audits. It’s time to reconsider the old-fashioned, but reliable pen-and-paper method.”

For those interested in learning more about effective mileage tracking and other aspects of gig work, Ryder offers valuable resources on GigCoach.net. These include a tutorial for consumers titled ‘Fair Deal Delivery,’ which provides insights on how to improve food delivery outcomes. Additionally, experienced food delivery couriers can explore Ryder’s gig coach training program. Visit GigCoach.net to access these resources and learn more about The Big Mileage Form.

Media Contact

Ed Ryder, Match Experiment LLC, 1 484-493-8740, hello@ideamaned.com, gigcoach.net

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SOURCE Gig economy expert Ed Ryder

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DATA BREACH ALERT: Edelson Lechtzin LLP Is Investigating Claims On Behalf Of Ascension Health Customers Whose Data May Have Been Compromised

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4 hours ago

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December 22, 2024

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NEWTOWN, Pa., Dec. 22, 2024 /PRNewswire/ — The law firm of Edelson Lechtzin LLP is investigating claims regarding data privacy violations by Ascension Health (“Ascension”). Ascension learned of suspicious activity on or about May 8, 2024. To join this case, go HERE.

About Ascension Health

Ascension is a prominent non-profit health system in the nation and operates under Catholic principles.

What happened?

On or about May 8, 2024, Ascension detected unauthorized activity in its computer systems. Ascension initiated an investigation, which included retaining consulting cybersecurity experts and notifying the FBI. The investigation determined that between May 7 and 8, 2024, a cybercriminal accessed files containing personal information about Ascension’s patients and employees. This information included names, medical records, payment details, insurance information, government identification numbers, and other personal data such as dates of birth and addresses. Approximately 6 million individuals have been affected by this data breach.

How can I protect my personal data?

If you receive a data breach notification, you must guard against possible misuse of your personal information, including identity theft and fraud, by regularly reviewing your account statements and monitoring your credit reports for suspicious or unauthorized activity. Additionally, you should consider legal options for mitigating such risks.

Edelson Lechtzin LLP is investigating a class action lawsuit to seek legal remedies for customers whose sensitive personal and patient data may have been compromised by the Ascension data breach.

For more information, please contact:

Marc H. Edelson, Esq.
EDELSON LECHTZIN LLP
411 S. State Street, Suite N-300
Newtown, PA 18940
Phone: 844-696-7492
Email: medelson@edelson-law.com
Web:  www.edelson-law.com 

About Edelson Lechtzin LLP
Edelson Lechtzin LLP is a national class action law firm with offices in Pennsylvania and California. In addition to cases involving data breaches, our lawyers focus on class and collective litigation in cases alleging securities and investment fraud, violations of the federal antitrust laws, employee benefit plans under ERISA, wage theft and unpaid overtime, consumer fraud, and catastrophic injuries.

This press release may be considered Attorney Advertising in some jurisdictions. No class has been certified in this case, so counsel does not represent you unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing now. Your ability to share in any potential future recovery does not depend on serving as lead plaintiff.

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SOURCE Edelson Lechtzin LLP

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Earth’s pulse monitored: a review highlights remote sensing time series progress

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8 hours ago

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December 22, 2024

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As urbanization accelerates and environmental dynamics shift, the need for accurate and timely terrestrial monitoring has never been more urgent. A review has introduced a novel approach to remote sensing time series analysis, integrating multi-source data to enable near real-time monitoring. This innovative methodology promises to transform environmental conservation and urban planning by providing unprecedented insights into terrestrial changes and offering a more precise understanding of environmental dynamics.

GUANGZHOU, China, Dec. 22, 2024 /PRNewswire-PRWeb/ — An international team of researchers from South China Normal University, the University of Connecticut, and the Chinese Academy of Sciences has made a significant breakthrough in remote sensing. Their review, published (DOI: 10.34133/remotesensing.0285) in the Journal of Remote Sensing on December 11, 2024, addresses key challenges in remote sensing, such as incomplete data and noise interference. The team’s new time series analysis technique leverages advanced data reconstruction and fusion methods, significantly enhancing the precision and efficiency of remote sensing for monitoring environmental changes.

The research team has developed an advanced time series analysis technique that combines deep learning algorithms with traditional remote sensing methods to integrate data from various remote sensing sources. This innovative approach allows for the extraction of subtle patterns from large, complex datasets, which is crucial for monitoring critical environmental parameters such as land use and vegetation health. Unlike conventional techniques that struggle with incomplete or noisy data, this new methodology offers enhanced accuracy and more reliable insights into terrestrial dynamics, paving the way for more effective environmental monitoring.

Central to the study’s success is the integration of Long Short-Term Memory (LSTM) networks and Generative Adversarial Networks (GANs) to address the challenges posed by missing or noisy data. The LSTM networks capture temporal trends over time, while the GANs generate synthetic data that mimics real-world observations to fill gaps and correct for atmospheric distortions. This dual approach has resulted in a cleaner, more accurate time series dataset, which was validated against independent ground truth measurements. The researchers demonstrated significant improvements in key vegetation indices, such as the Normalized Difference Vegetation Index (NDVI), setting a new benchmark in the field of remote sensing.

Experts in the field have lauded the study’s potential to revolutionize remote sensing applications. They see the method as a transformative tool for enhancing high-resolution monitoring and extending its coverage, particularly in agricultural surveillance, urban planning, and environmental management. “This method represents a crucial advancement in our ability to monitor environmental changes,” says Professor Fu. “As it evolves, it could play a key role in addressing climate change and other global challenges.”

The methodology’s future applications are vast, especially in global environmental monitoring and supporting sustainable development goals. By integrating multi-temporal data from Landsat and Sentinel-2 satellites, the team has created a framework for accurate and continuous terrestrial analysis. As computational power advances and algorithms improve, this technology is expected to become a vital tool for natural resource management, disaster response, and climate change mitigation. In the years to come, it could provide critical data to help policymakers address pressing environmental issues on a global scale.

References

DOI

10.34133/remotesensing.0285

Oiginal Source URL

https://doi.org/10.34133/remotesensing.0285

Funding information

This work was supported by the National Nature Science Foundation of China (grant numbers 42425001 and 42071399).

About Journal of Remote Sensing

The Journal of Remote Sensing, an online-only Open Access journal published in association with AIR-CAS, promotes the theory, science, and technology of remote sensing, as well as interdisciplinary research within earth and information science.

Media Contact

George Hua, Chuanlink Innovations, 1 8656606278, TranSpread1@gmail.com, http://chuanlink-innovations.com/

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SOURCE Journal of Remote Sensing

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