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GreenX(TM)(R) for Media Film and Fashion Sector

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  The Eco-Leadership Standard For Green Boardrooms The film, television, and fashion industries are significant contributors to global carbon emissions and environmental degradation. A 2021 report by the Sustainable Production Alliance highlighted that large-scale film productions emit approximately 1,081 metric tons of CO ₂ , while medium-sized films produce around 769 metric tons. Television productions are also substantial contributors, with one-hour scripted dramas emitting about 77 metric tons of CO ₂ per episode and unscripted shows around 13 metric tons per episode.  Earlier studies, such as a 2006 UCLA report, estimated that the U.S. film and television industry generated 15 million tons of CO ₂ -equivalent gases annually. To put this into perspective, an average film with a $70 million budget today generates approximately 2,840 tons of CO ₂ —equivalent to the emissions from multiple round trips to the moon.  The fashion industry as well is highly impactful - Acc...

What can the public expect from COP28, the global climate change festival?

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COP28 scheduled for November 30, 2023, one can expect it to be a crucial international conference where world leaders, negotiators, and experts gather to discuss and address global climate change issues. COP focus on key topics such as emissions reduction commitments, climate financing, adaptation strategies, and international cooperation to tackle climate change. Krÿstähl prepared a brief comparison of past three COP meetings, to analyse what public, society and global community can expect from COP28. TABLE-1: Comparative Account of COP25, COP26 and COP27 DETAILS COP25 (2019) COP26 (2021) COP27 (2022) Date and Location December 2-13, 2019, Madrid, Spain November 1-12, 2021, Glasgow, United Kingdom November 6-20th 2022, Sharm El Sheikh, Egypt Key Themes Addressing unresolved issues from previous COPs, including Article 6 and loss and damage. Focusing on enhanced climate action and ambition, adaptation, finance, and global collaboration. Together for Implementation, and with a view to...

Going for Circular Economy Recognition?

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Going for Circular Economy Recognition?  Words such as sustainability, environment, and energy-conscious business practices, are no longer keywords. Rather, these are terms that organisations across the globe have embraced wholeheartedly. In an era where climate change is getting real and affecting our lives, understanding the role of circular economy and its impact is crucial not just for the economy but businesses and end-consumers as well.  Circular economy offers unimaginable value proposition to organisations in deriving value from their manufacturing processes and becoming environmentally conscious. Regenerative and restorative processes enables retention of resources and extraction of maximum value. The circular economy is therefore designed to minimise waste, reduce environmental impact, and foster sustainable development. According to a 2023 circularity gap report, participating in environment-conscious, ethical and circular economy practices itself could fulfil human...

ESG AND CORPORATE GOVERNANCE : SIGNIFICANCE & SOLUTIONS

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ESG AND CORPORATE GOVERNANCE : SIGNIFICANCE & SOLUTIONS Krystahl Team INDIA I ASUTRALIA EMAIL: krystahl@Krystahl.in , I URL: www.krystahl.in  I www.krystahlESG.cloud  ESG stands for Environmental, Social, and Governance and refers to non-financial metrics that assess a company's impact on the environment, society, and governance. Corporate governance refers to the systems and processes by which a company is directed, managed and lead for the growth. ESG and corporate governance are closely related. ESG and corporate governance are becoming increasingly important as consumers, investors, and regulators demand greater accountability from companies. Integrating ESG considerations into corporate governance practices can help companies manage risks, improve their reputation, and increase their long-term financial performance. At the same time, good corporate governance practices can ensure that a company's ESG efforts are transparent, accountable, and sustainable. ...