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Corporate sustainability reporting desperately needs to up its game in order to align company-level sustainability performance with the broader systems-level ambitions of the 2030 Agenda for Sustainable Development and COP21, the UN climate change conference, according to a new report from the UNEP. For example, while 95% of the 108 companies researched in the report disclose their greenhouse gas (GHG) emissions, only a mere 8% set GHG emissions reduction goals in the context of the science-based target of limiting global warming to 2 degrees Celsius - the central goal of COP21.

The Consumer Goods Forum, UNEP, and the World Resources Institute were among a group of organizations to launch the Food Loss and Waste Accounting and Reporting Standard-a set of global definitions and reporting requirements that enable companies and countries to measure food waste, identify its origin, and implement measures to reduce it.

The UN Environment Program and other partners launched the Sustainable Public Procurement Program, a project to redirect public spending towards goods and services with environmental and social benefits. The initiative is part of the UN's 10-Year Framework of Programs on Sustainable Consumption and Production.

Tourism is one of the largest and fastest-growing economic sectors in the world contributing 9 per cent to global GDP, accounting for one in 11 jobs worldwide and for 6 per cent of global exports, the United Nations World Tourism Organization (UNWTO) reported today as it launched a programme aiming to catalyze a shift to more sustainable tourism.