Sustainability in Sports: Why the sporting world is joining the race to sustainability
Description
Summer is in full swing, the finals of the UEFA Euro 2024 European Football Championships take place this weekend and the Summer Olympic Games kick off later this month. So at the ESG Insider podcast, we’re turning our attention to sustainability in sports.
Professional sports are big business, and as we hear from today’s guest, the sporting world is facing pressure to become more sustainable from many sources, including spectators, fan associations, investors, sponsors and even regulation like the EU’s Corporate Sustainability Reporting Directive (CSRD).
We speak to Christian Hartmann, CEO of the Global Sustainability Benchmark in Sports. GSBS is an independent nonprofit that aims to tackle the challenges of the 21st century by analyzing and rating the sustainability performance of professional sports organizations.
"We know that sport is a global phenomenon, and therefore, we believe that sport as a whole has so much power. It has really the chance to help us as a global society to become more sustainable,” Christian tells us. "We want these organizations to be role models, to take real action and being really accountable ... And one of the big steps into this direction obviously is to be able to measure your performance.”
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This piece was published by S&P Global Sustainable1, a part of S&P Global.
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