ESG Reporter

The critical role of ESG and due diligence in building a sustainable supply chain

Sat, 07 Dec 2024 05:31:43 GMT

"What is supply chain due diligence?"

"Supply chain due diligence refers to the processes and practices that companies implement to identify, assess, and mitigate risks within their supply chains . It is a strategic priority for managing vulnerabilities that can arise from various factors such as geopolitical tensions, natural disasters, and regulatory changes. According to the 2024 Global Trade Report , 74% of survey respondents reported that their businesses were impacted by supply chain due diligence. This underscores the significance of due diligence in ensuring the smooth operation of global trade activities."

Link: https://tax.thomsonreuters.com/blog/the-critical-role-of-esg-and-due-diligence-in-building-a-sustainable-supply-chain-tri/

Investors Care About ESG-Related News—When It Impacts Returns‌

Sat, 07 Dec 2024 03:25:46 GMT

"Earlier this year, the U.S. Securities and Exchange Commission adopted rules requiring public companies to disclose climate-related risks so investors can make informed decisions about them."

"For their new paper, Watts, Stanford PhD student Qianqian Li, and Christina Zhu of the Wharton School examined the behavior of retail investors around more than 54,000 ESG-related news events for nearly 3,300 publicly traded firms between 2015 and 2022. Over that time, they found, retail trading increases by 6% on ESG news days compared to non-event days (and by 8% post-2020). They then went further to try to determine why trading increased."

Link: https://insights.som.yale.edu/insights/investors-care-about-esg-related-news-when-it-impacts-returns

Solifi wins Digital Innovation of the Year (ESG) prize at Leasing Life Awards 2024

Fri, 22 Nov 2024 02:39:41 GMT

"Solifi, a global fintech software partner for secured finance, has been recognised at the Leasing Life Awards 2024."

"The Solifi ESG Portfolio Strategist is a cloud-native SaaS application designed to help automotive finance providers integrate ESG compliance and decarbonisation strategies into their portfolios. By linking with a lender’s Originations and Contract Management systems, it enables the operationalisation of sustainability goals while supporting regulatory compliance."

Link: https://finance.yahoo.com/news/solifi-wins-digital-innovation-esg-010000191.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAACfaPWE9kncxWj1HanjpzJQnbFpJWpbi2qo6mc8LTMN3Njb_9Rfiz24zYOnqv0njA6fYjn2MPhY-2ETeMRF8W28E7xCvvd0xmwfS5sG3Cr1xJt9KOqHVCoPgE_xFEimOyJqFqAxAbY-u-BwSdYtMJ4RRKtnBKk7_auapkniUU3IH

Environmental, social and governance (ESG) ratings: Council greenlights new regulation

Fri, 22 Nov 2024 02:36:45 GMT

"ESG ratings have an increasingly important impact."

"The Council adopted a new regulation on environmental, social and governance (ESG) rating activities . The new rules aim at making rating activities in the EU more consistent, transparent and comparable in order to boost investors’ confidence in sustainable financial products ."

Link: https://www.consilium.europa.eu/en/press/press-releases/2024/11/19/environmental-social-and-governance-esg-ratings-council-greenlights-new-regulation/

Why Texas’ ESG Battle May Be Costing The State Billions

Wed, 13 Nov 2024 04:46:37 GMT

"Texas’ fight against environmental, social and governance (ESG) policies could be hurting the state’s reputation with investors, as officials have already banned some of the biggest asset managers because they prioritize ESG."

“Policies that block responsible investing hurt the economy, and now we see they can’t be executed,” - Kyle Herrig

Link: https://www.reformaustin.org/texas/why-texas-esg-battle-may-be-costing-the-state-billions/

Breakthrough International Agreement Reached at COP29 to Advance Global Carbon Market

Wed, 13 Nov 2024 04:46:30 GMT

"Delegates at the ongoing UN Climate Change Conference (COP29) achieved an important breakthrough on the first day of the event in Baku, Azerbaijan."

"Demand for carbon offset projects and related credits is expected to increase significantly over the next several years, as companies and businesses increasingly launch net zero ambitions, and turn to offsets as a bridge to their own absolute emissions reduction efforts, or to balance difficult to avoid emissions. "

Link: https://www.esgtoday.com/breakthrough-international-agreement-reached-at-cop29-to-advance-global-carbon-market/

Why Businesses Keep Going Back And Forth On ESG Issues

Fri, 08 Nov 2024 01:15:36 GMT

"The message is clear, the language is so simple, it is almost banal, and the effects are practically immediate. The boycotting campaign on the part of Robby Starbuck, a member of the variegated galaxy of American Conservatism, has hit its mark."

"According to Starbucks, there is a silent majority uninterested in aims to reduce environmental impact to fight climate change and who do not wish to have policies of minority integration forced upon them, whether they may be in the field of gender, ethnic, or religious orientation."

Link: https://www.forbes.com/sites/annazanardicappon/2024/11/04/why-businesses-keep-going-back-and-forth-on-esg-issues/

ESG ‘transition’ funds are an emerging trend. Here are the most overweight stocks by ESG funds

Mon, 28 Oct 2024 04:36:29 GMT

"BofA Securities analysts named the stocks with the highest ESG funds’ weight relative to the S&P 500 ( SP500 )."

"Funds with the word “transition” in their name – including 134 E.U. funds – have attracted almost two times the inflows over the last two years, compared to funds with “green” in their names, according to a recent ESMA (the European Securities and Markets Authority) Trends, Risks, and Vulnerabilities report."

Link: https://seekingalpha.com/news/4201815-esg-transition-funds-are-an-emerging-trend-here-the-most-overweight-stocks-by-esg-funds

Morgan Stanley Signs Multi-Year Carbon Removal Deal with Climeworks

Mon, 28 Oct 2024 04:36:16 GMT

"Zurich-based Direct Air Capture (DAC) carbon removal company Climeworks announced today that it has signed an agreement with Morgan Stanley to permanently remove 40,000 tons of CO2 through 2037."

"Founded in 2009, Zurich-based Climeworks has emerged as a leading DAC provider. The company recently announced the start-up of Mammoth , the largest DAC plant in the world to date, with anticipated capability to remove up to 36,000 tons of CO2 per year, and it is currently participating in the development of three megaton hubs in the U.S. that were selected by the US Department of Energy (DOE) for public funding of more than $600 million, including the Louisiana-based Project Cypress , which has recently been granted an initial $50 million to kickstart the project."

Link: https://www.esgtoday.com/morgan-stanley-signs-multi-year-carbon-removal-deal-with-climeworks/

CommentaryTake Five: Profit Over Planet

Sat, 12 Oct 2024 02:20:43 GMT

"A selection of the major stories impacting ESG investors, in five easy pieces."

" Reports that UK-based fossil fuel giant BP has abandoned its commitment to cut oil and gas production by 2030 were greeted with dismay earlier this week. According to Reuters, CEO Murray Auchincloss – appointed in January – will no longer keep to a pledge to reduce output by 25% over the next five years, based on the belief that investors care more about near-term returns than the firm’s ability to adapt to a future powered by renewable energy ."

Link: https://www.esginvestor.net/take-five-profit-over-planet/

ESG Reality Brighter Than Perceived

Sat, 12 Oct 2024 02:11:46 GMT

"QQMG, QQJG Have the Goods."

"Hear enough negativity about ESG investing and you may assume it’s on its last legs. That’s perception. In good news for ETFs like the Invesco ESG Nasdaq 100 ETF ( QQMG B+) and the Invesco ESG Nasdaq Next Gen 100 ETF ( QQJG C+), the reality is far brighter than current perceptions indicate."

Link: https://etfdb.com/etf-education-channel/esg-reality-surprisingly-bright/

ESG assets could reach $50T despite ‘woke capitalism’ labeling for one simple reason

Fri, 11 Oct 2024 23:20:25 GMT

"Executives Embrace Esg."

"No matter one’s view, the ESG investment industry is a very large market. It currently represents somewhere between $30 and $40 trillion in assets under management globally, and despite some recent performance wobbles and drawdowns, that number is expected to grow to between $35 and $50 trillion by 2030."

Link: https://fortune.com/2024/10/10/why-esg-assets-grow-despite-attacks-on-woke-capitalism/

It's Time for Business Schools to Add ESG to Accounting Training

Wed, 02 Oct 2024 01:52:53 GMT

"ESG isn’t a trend—it’s a corporate activity that needs to be understood, measured, and addressed by current and future accounting professionals and business leaders."

"There are myriad reasons to better incorporate environmental, social, and governance principles into accounting courses. Doing so will align better with what’s happening in the real world—especially regarding private-sector and regulatory activity and their intersection—and this is perhaps the most important reason."

Link: https://news.bloombergtax.com/daily-tax-report/its-time-for-business-schools-to-add-esg-to-accounting-training

ESG Comp: An Easy A for CEOs?

Wed, 02 Oct 2024 01:52:51 GMT

"In a new paper, academics Adam Badawi and Robert Bartlett find that 63% of the S&P 500 include ESG components in their calculation of executive compensation and that such goals are almost always met."

"Tying some amount of executive compensation to a company’s ESG performance has become more common among U.S. public companies over the last generation, Adam B. Badawi and Robert Bartlett write in a new paper."

Link: https://www.thedeal.com/activism/esg-comp-an-easy-a-for-ceos/

Institutional Investors Embracing ESG

Wed, 02 Oct 2024 01:52:42 GMT

"Retail investors in the U.S. continue to represent the counter trend for ESG investments, according to the latest research from Morningstar."

"The third annual Voice of the Asset Owner Survey 2024, which compiles feedback from 500 global institutional investors that collectively manage more than $18 trillion, shows a growing appetite for the specific factors behind ESG investing."

Link: https://www.etf.com/sections/news/institutional-investors-embracing-esg

SINBON Unveils ESG Milestones in Latest Sustainability Report

Wed, 25 Sep 2024 02:01:13 GMT

"The environment and energy management"

" SINBON , a Taiwan-based electronic interconnect design and integration service provider, is unveiling the results of its annual Sustainability Report for 2023. Several important milestones demonstrate the company's commitment to Environmental, Social, and Governance (ESG) principles along with accountability and transparency."

Link: https://www.prnewswire.com/news-releases/sinbon-unveils-esg-milestones-in-latest-sustainability-report-302254348.html

Linking ESG Goals To Your Business Development

Wed, 25 Sep 2024 02:01:06 GMT

"Creating Value With ESG."

"In recent years, we have seen more companies trying to be more conscious of environmental, social and governance (ESG) practices in their business operations. Over the past 30 years operating my company, I've seen the value in directing the business toward sustainability in operation and environmental effects."

Link: https://www.forbes.com/councils/forbesbusinesscouncil/2024/09/23/linking-esg-goals-to-your-business-development/

Apple Reduces Carbon Footprint of New iPhone by 30%

Tue, 17 Sep 2024 20:38:56 GMT

"Apple released its Product Environmental Report for its new iPhone 16 lineup, highlighting some of the key sustainability attributes of its new products."

"The report indicated that Apple has achieved lifecycle greenhouse gas (GHG) emissions reductions of 30% for its new iPhone 16 Pro 128 GB and iPhone Pro 16 Max 256 GB models, against a business as usual scenario which models no use of clean electricity beyond that available on the grid, Apple’s carbon intensity of key materials on the 2015 baseline used for its 2030 climate goals, and its average mix of transportation modes by product lines across 2017-2019"

Link: https://www.esgtoday.com/apple-reduces-carbon-footprint-of-new-iphone-by-30/

Texas lawsuit targets anti-ESG laws

Mon, 09 Sep 2024 01:34:58 GMT

"Financial impact of Texas’ anti-ESG law."

"A lawsuit filed by the American Sustainable Business Council in August in Texas challenging a state law targeting what critics call anti-ESG measures within the world’s eighth-largest economy aims to establish a model for challenging similar laws in other states."

Link: https://trellis.net/article/new-texas-lawsuit-looks-to-put-anti-esg-laws-in-crosshairs/

ESG flames live on

Mon, 09 Sep 2024 01:34:56 GMT

"DON’T SLEEP ON ESG."

"Now that we’re into the final sprint phase of the 2024 presidential race, it has become clear that “ESG” hasn’t become the major campaign issue that some hoped — or feared — it would be. But make no mistake, the war is still raging behind the headlines."

Link: https://www.politico.com/newsletters/the-long-game/2024/09/03/esg-flames-live-on-00177093

Sedex: Enhancing ESG Credentials Within Supply Chains

Mon, 09 Sep 2024 01:34:50 GMT

"Sedex recently introduced a trio of groundbreaking data-driven tools designed to empower businesses in addressing evolving ESG challenges."

"The company has introduced three groundbreaking data-driven tools designed to empower businesses in addressing evolving ESG challenges, with a particular focus on Scope 3 emissions – almost always the largest contributor to a company's greenhouse gas (GHG) footprint."

Link: https://supplychaindigital.com/sustainability/sedex-enhancing-supply-chain-transparency

AQR Launches $350 Million ESG Fund to Combine Sustainable Investing with Market-Beating Returns

Mon, 26 Aug 2024 22:42:28 GMT

"AQR Capital Management LLC, a leading quantitative firm, has attracted approximately $350 million for its newly launched Adaptive Equity Market Neutral UCITS Fund."

"The fund, spearheaded by AQR co-founder Cliff Asness, is designed to short stocks with poor ESG profiles and invest in those with higher ESG scores."

Link: https://esgnews.com/aqr-launches-350-million-esg-fund-to-combine-sustainable-investing-with-market-beating-returns/

U.S. Federal Court Strikes Down Missouri Anti-ESG Investing Rule

Mon, 26 Aug 2024 22:39:31 GMT

"A major victory not only for our national securities market system, but also for our nation.”

"A U.S. federal court has issued a ruling blocking new regulations in Missouri aimed at limiting the ability of financial professionals to integrate ESG considerations into their investment advice, finding that the regulation was vague and unconstitutional."

Link: https://www.esgtoday.com/u-s-federal-court-strikes-down-missouri-anti-esg-investing-rule/

Sustainability Related Risks Are Critical Business Metrics, Regardless Of The Anti-ESG Rhetoric

Mon, 26 Aug 2024 22:32:48 GMT

"ESG Viewed as a Risk Metric."

"When you look at the data, you find that sustainability has never been more important to businesses. However, unlike the politicized narrative, which draws on emotionally charged rhetoric, the business case for sustainability is increasingly focused on impacts, risks and opportunities."

Link: https://www.forbes.com/sites/maryfoley/2024/08/26/sustainability-related-risks-are-critical-business-metrics-regardless-of-the-anti-esg-rhetoric/

Japan’s Steady Approach to ESG Investing Gains Momentum Amid Global Uncertainty

Wed, 21 Aug 2024 07:43:28 GMT

"Environmental, social, and governance (ESG) investing is thriving in Japan."

"Japan’s ESG boom is partly driven by the country’s 2020 pledge to achieve net zero greenhouse gas emissions by 2050. “I believe it has passed the tipping point,” Katsuki added, highlighting the impact of this clear target on corporate actions."

Link: https://esgnews.com/japans-steady-approach-to-esg-investing-gains-momentum-amid-global-uncertainty/

The Impact of ESG at Three Leading Companies

Wed, 21 Aug 2024 07:43:25 GMT

"ESG drives change and collaboration."

"A new CEO hired by AGCO in 2020 brought a new vision and purpose focused on sustainability. This coupled with the fact that company investors are increasingly inquiring about ESG requirements moved sustainability to the top of AGCO’s strategic agenda."

Link: https://www.wolterskluwer.com/en/expert-insights/impact-of-esg-at-three-leading-companies

Europe’s private equity managers excel in ESG performance, report finds

Wed, 21 Aug 2024 07:43:19 GMT

"Europe’s commitment to ESG standards within the private equity sector has seen significant strides."

"According to Environmental Finance , this marks a considerable improvement from the previous year’s 42%, demonstrating a growing dedication to sustainable practices. The report evaluates the ESG initiatives of 380 alternative investment managers globally, including over 300 private equity firms."

Link: https://fintech.global/2024/08/21/europes-private-equity-managers-excel-in-esg-performance-report-finds/

Australian mining’s ESG conundrum

Mon, 12 Aug 2024 04:24:04 GMT

"ESG metrics across the Australian industry are extensive and sweeping."

"Australia’s mining dilemma lies in how it can reconcile its commitment to ESG with the need to profit from its vast, rich resources, especially because new players – that hold promises of cheaper prices – threaten to overtake."

Link: https://www.fastmarkets.com/insights/australian-minings-esg-conundrum/

Despite Anti-ESG Attacks, New Study Shows Investors See Climate as Critical to Business Performance

Mon, 12 Aug 2024 04:20:54 GMT

"In February, a group of major financial services firms withdrew from Climate Action 100+, a coalition of investors pushing companies to cut carbon emissions."

"Do investors care whether financial services firms take climate-related actions such as reducing their climate impact, mitigating their climate risks, or investing in clean energy opportunities? Does clean energy represent a significant growth opportunity for asset managers? Are climate risks material to evaluating investments?"

Link: https://hbr.org/sponsored/2024/08/despite-anti-esg-attacks-new-study-shows-investors-see-climate-as-critical-to-business-performance

The 'G' in ESG is gaining more shareholder love than the 'E' or 'S'

Mon, 12 Aug 2024 04:10:24 GMT

" Shareholders asked to approve new ESG policies are warming up to the "G" even as they continue withholding support for the 'E' and 'S.' "

"These types of proposals are not considered overly prescriptive on companies and don’t play into any of the backlash to ESG more generally we have seen recently, meaning they tend to have a broader base of support,”

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ISS ESG Launches Tool to Help Banks Estimate Portfolio Emissions to Meet Sustainability Reporting Requirements

Fri, 02 Aug 2024 04:14:30 GMT

"ISS ESG, the sustainable investment arm of ISS STOXX, announced the introduction of a new Industry Average Emission Intensity Data Set as part of the evolution of its suite of Climate Solutions."

"The data set provides industry emission intensity averages which follow PCAF recommendations on a global and regional basis and comprises NACE and GICS industry classifications."

Link: https://www.esgtoday.com/iss-esg-launches-tool-to-help-banks-estimate-portfolio-emissions-to-meet-sustainability-reporting-requirements/

Nasdaq Executive Report: The ROI of ESG & Sustainability Software

Mon, 22 Jul 2024 04:02:55 GMT

"THE OPPORTUNITY."

"As software use cases increase and teams further leverage its capabilities to meet changing ESG and sustainability demands, this time to value is expected to shorten."

Link: https://www.csrwire.com/press_releases/806381-nasdaq-executive-report-roi-esg-sustainability-software

Digital ESG Strategies: The Future Of Corporate Sustainability

Mon, 22 Jul 2024 04:00:42 GMT

"Is it necessary for ESG initiatives to be accompanied by digital transformation, and how do digital technologies enhance ESG performance?"

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ClearBridge Large Cap Growth ESG Strategy Q2 2024 Commentary

Mon, 22 Jul 2024 03:58:20 GMT

"ClearBridge is a leading global asset manager committed to active management."

"On an absolute basis, the Strategy delivered gains across five of the 10 sectors in which it was invested (out of 11 sectors total). The primary contributor to performance was the IT sector while the consumer staples and industrials sectors were the main detractors."

Link: https://seekingalpha.com/article/4705002-clearbridge-large-cap-growth-esg-strategy-q2-2024-commentary

How $2 trillion in cybersecurity spending is going to bring ESG practices to the forefront

Sat, 13 Jul 2024 03:28:28 GMT

"The ongoing rise in cybersecurity threats and the plethora of data breaches experienced by many companies have seen organizational leaders rapidly increase their company’s information technology and cybersecurity infrastructure budgets."

"Beyond the surface level, cybersecurity is becoming more than a digital security network, and instead helping to promote the growing importance of social corporate responsibility, further bringing ESG principles into the spotlight."

Link: https://www.equities.com/impact-investing/how-2-trillion-in-cybersecurity-spending-is-going-to-bring-esg-practices-to-the-forefront/

Mid-year status report on this year’s ESG predictions

Sat, 13 Jul 2024 03:28:26 GMT

"A mid-year review of ESG trends reveals growing pressure on companies to prioritize sustainability"

"At the beginning of the year, the Thomson Reuters Institute predicted six trends around environmental, social & governance (ESG) issues that will transform sustainability into a core business issue in 2024. Halfway through the year, here is a summary of the latest trends and developments around ESG as it becomes a core operational issue for companies."

Link: https://www.thomsonreuters.com/en-us/posts/esg/mid-year-status-report/

Amazon Launches Free Climate Solutions Platform to Help Decarbonize Supply Chain

Sat, 13 Jul 2024 03:28:13 GMT

"In its own efforts to reach its 2040 net zero goal, Amazon highlighted a series of initiatives it has followed."

"Amazon announced the launch of the new platform with the release of its 2023 Sustainability Report, which also included an expectation for the company’s key suppliers to provide decarbonization plans."

Link: https://www.esgtoday.com/amazon-launches-free-access-to-climate-tools-to-help-decarbonize-supply-chain/

What the landslide Labour win means for ESG pledges

Sat, 06 Jul 2024 02:36:39 GMT

"ESG in for big change?"

"Across the ESG spectrum, the incoming government is set to bring most change around environmental areas, many of which could impact corporate goals and commitments."

Link: https://www.prmoment.com/esg/what-the-landslide-labour-win-means-for-esg-pledges

Trinity garners US funding for ESG projects in Rwanda

Sat, 06 Jul 2024 02:29:35 GMT

"Trinity Metals has received a technical assistance grant of $3.8m from the US DFC."

"Trinity Metals said the DFC’s grant will support a range of ESG initiatives including baseline environmental and social impact assessments, employee skills development and the implementation of an international standard SHEC Management System."

Link: https://www.mining-technology.com/news/trinity-funding-esg-rwanda/?cf-view

Financial advisors anticipate a larger volume of ESG business in the coming years

Tue, 02 Jul 2024 02:42:18 GMT

"Despite the difficulties of the last two years for ESG investments, more and more financial advisors are integrating ESG investments into their practices with clients."

"The 62% of financial advisors are integrating ESG criteria (environmental, social and governance) into their practices with clients, compared to 53% in 2021 , according to a new study conducted by Vontobel."

Link: https://rankiapro.com/en/insights/financial-advisors-anticipate-larger-volume-esg-business-coming-years/

Fidelity International Launches New Sustainable Investing Framework to Meet New ESG Regulations

Tue, 02 Jul 2024 02:32:42 GMT

"Investment management firm Fidelity International announced that it has revised its sustainable investing framework, launching a new 3-tiered system categorizing funds by their level of ESG integration, citing an evolving ESG client and regulatory landscape."

"The revised framework comes amidst a series of new regulatory requirements for asset management firms marketing and managing sustainability-focused investment funds."

Link: https://www.esgtoday.com/fidelity-international-updates-sustainable-investing-framework-to-meet-new-regulatory-requirements/

ESG can make or break a merger: Here’s what dealmakers are looking for

Sat, 29 Jun 2024 06:44:14 GMT

"You need to know their house is in order."

"A big impetus for increased scrutiny is the European Union’s Corporate Sustainability Reporting Directive , which requires large companies that do business in Europe to disclose social and environmental risks starting with the 2024 reporting year. This new requirement will complicate disclosure for any company seeking to acquire an affected firm."

Link: https://www.greenbiz.com/article/esg-can-make-or-break-merger-heres-what-dealmakers-are-looking

New tool enables organisations to track global ESG developments

Wed, 26 Jun 2024 14:56:40 GMT

"Herbert Smith Freehills has launched a new tool to help businesses keep up with the rapidly emerging universe of emerging ESG regulations and reporting requirements."

"Developed over the past 18 months, the tool uses a combination of human and artificial intelligence to monitor ESG-related legal developments in all jurisdictions across the world."

Link: https://www.herbertsmithfreehills.com/news/2024-06/new-tool-enables-organisations-to-track-global-esg-developments

Should There Be A ‘T’ In ESG?

Wed, 26 Jun 2024 14:56:19 GMT

"Will the heightened global focus on ESG put more scrutiny on the corporate finance and tax department?"

"A recent paper in the Vanderbilt Law Review raised a fascinating question about the growing links between corporate tax policy and environmental, social and governance (ESG) strategy."

Link: https://www.forbes.com/sites/lauraclaytonmcdonnell/2024/06/24/should-there-be-a-t-in-esg/

Despegar Publishes 2023 ESG Report

Thu, 20 Jun 2024 15:17:47 GMT

"Environmental Initiatives."

"Latin America’s leading travel technology company, today announced the publication of its 2023 Environmental, Social, and Governance (ESG) report."

Link: https://www.businesswire.com/news/home/20240620338887/en/Despegar-Publishes-2023-ESG-Report

The role of lawyers amid Brazil’s mandatory ESG reporting regulation

Thu, 20 Jun 2024 15:17:45 GMT

"With the newly announced mandatory ESG reporting for publicly traded companies in Brazil starting in 2026, lawyers will play a key role in successfully guiding businesses under the new structure."

"Among other professionals involved, the role of lawyers will be critical to guide companies through CVM’s new structure."

Link: https://www.thomsonreuters.com/en-us/posts/legal/brazil-lawyers-esg/

Beyond The Green: The ‘G’ In ESG Is Key To Fighting Corruption

Thu, 20 Jun 2024 15:17:43 GMT

"The ‘G’ Component of ESG Reporting Frameworks."

"Various ESG reporting frameworks and standards have been established to guide organizations in their governance practices, especially in their efforts to combat bribery and corruption. These guidelines outline the specific topics to be reported, the metrics to be utilized, and the frequency and format for sharing this information."

Link: https://www.forbes.com/sites/oludolapomakinde/2024/06/18/beyond-the-green-the-g-in-esg-is-key-to-fighting-corruption/

Guest Post: Three Ways AI Can Transform ESG Reporting

Thu, 20 Jun 2024 15:10:11 GMT

"The Future of Reporting Powered by AI"

"By harnessing the power of AI, organisations can overcome the challenges of ESG reporting, enhance their reporting practices and ultimately achieve more sustainable and responsible business outcomes."

Link: https://www.esgtoday.com/guest-post-three-ways-ai-can-transform-esg-reporting/

New York Electronics Recycler Releases ESG Report

Thu, 13 Jun 2024 03:08:00 GMT

"Sunnking Sustainable Solutions, New York’s first R2 certified electronics recycler, proudly announces the release of its inaugural Environmental, Social, and Governance (ESG) Report for 2023."

"We are proud to present our inaugural ESG Report, that embodies our mission to make meaningful impacts within our industry, supply chain, and communities. Transparency and accountability are at the core of our efforts, driving us to continually strive for a more sustainable future for our community and the environment,"

Link: https://www.waste360.com/e-waste/new-york-electronics-recycler-releases-esg-report

Coca-Cola Bottling Company Embracing ESG Challenges

Mon, 10 Jun 2024 02:19:51 GMT

"In a world increasingly attuned to ESG, corporate responsibility has become a defining factor in brand success, such as for Coca-Cola."

"From reducing carbon emissions to promoting responsible sourcing practices and fostering diverse and inclusive workplaces, the company's commitment to ESG principles underscores its dedication to not only driving profits but also making a positive impact on the planet and society."

Link: https://fooddigital.com/drink/how-esg-is-the-cornerstone-of-coca-cola-hbc

The ESG ETF Duo Marrying Returns and Sustainability

Wed, 05 Jun 2024 06:12:47 GMT

"ESG isn’t going away."

"Some 80% of global investors have sustainable investment policies in place, according to a survey from Tufts and Deloitte. Research from Morgan Stanley , meanwhile, showed that at the start of the year more than half of individual investors planned to increase their allocations to sustainable investments."

Link: https://www.etftrends.com/etf-yield-channel/esg-etf-duo-marrying-returns-sustainability/

ESG Can Enhance Long-Term Portfolio Performance

Mon, 03 Jun 2024 01:14:10 GMT

"Pros Prioritizing ESG Analysis."

"There have been ample amounts of political criticism aimed at ESG in recent years. But myriad data and research support the notion that it does reward long-term investors with strong returns."

Link: https://www.etftrends.com/etf-education-channel/esg-can-enhance-long-term-portfolio-performance/

A New Era for ESG Policy - 2024 Land Use, Environmental & Natural Resources Update

Thu, 30 May 2024 03:07:38 GMT

"Over the past six months environmental, social, and governance (ESG) policy has shifted into a new era."

"The U.S. Securities and Exchange Commission (SEC) finalized the agency’s first climate disclosure regulations in March 2024. The rules, now on hold under an administrative stay in the face of pending litigation, apply to most public companies and companies that are going public."

Link: https://www.jdsupra.com/legalnews/a-new-era-for-esg-policy-2024-land-use-9611497/

HSBC UK Launches Carbon Calculator for SME Clients

Wed, 29 May 2024 03:09:05 GMT

"HSBC UK announced a new partnership with carbon accounting startup Greenly, providing a carbon calculator for small and medium-sized enterprises (SMEs) to measure, assess and address their carbon footprint."

"The new solution follows a recent survey by the bank indicating that the lack of advice and support over sustainability measurement presents a significant barrier for SMEs in achieving decarbonization progress."

Link: https://www.esgtoday.com/hsbc-uk-launches-carbon-calculator-for-sme-clients/

Algorithmic Governance: How AI Can Ensure ESG Compliance and Accountability

Sun, 26 May 2024 01:47:43 GMT

"AI technologies significantly streamline the data collection and analysis process, which is foundational in ESG compliance."

"By using machine learning models, advanced algorithms, and real-time data processing, AI applications give not just intuitive insights and the capacity to automate processes but also help to develop the improved decision for corporate leaders."

Link: https://www.techiexpert.com/algorithmic-governance-how-ai-can-ensure-esg-compliance-and-accountability/

ESG Ratings Get Regulated: Why That’s A Good Thing For Businesses

Thu, 23 May 2024 20:13:14 GMT

"The European Commission has introduced the first-ever set of rules focused on regulating providers of environmental, social and governance (ESG) ratings."

"Under the new rules, all ESG ratings providers operating in the European Union (EU) will be supervised by the European Securities Markets Authority (ESMA) – the same agency that oversees Europe’s financial markets regulation."

Link: https://www.forbes.com/sites/maryfoley/2024/05/22/esg-ratings-get-regulated-why-thats-a-good-thing-for-businesses/?sh=353b821136a3

Capgemini, Schneider Electric Launch New Energy Optimization Platform

Thu, 23 May 2024 20:13:11 GMT

"Global professional services firm Capgemini, and energy and automation digital solutions provider Schneider Electric, announced today a new collaboration."

"According to the companies, the new platform was designed to help organizations accelerate their journey towards smarter and greener facility management and energy efficiency, providing digital solutions and technologies to simplify energy management and optimize energy consumption."

Link: https://www.esgtoday.com/capgemini-schneider-electric-launch-new-energy-optimization-platform/

Private-Market ESG and Impact Funds Perform in Line With Peers

Wed, 22 May 2024 04:10:38 GMT

“What we see is it really just follows the market—it’s just a smaller slice of it.”

"According to the firm, a lack of “standardized and comparable ESG fund performance data” has contributed to anti-ESG sentiment and criticism. Despite that backlash, global investors have continued to clamor for these funds. The firm’s data from November 2023 shows more than 20% of private-market investors have turned down fund opportunities out of concern they didn’t have adequate ESG standards."

Link: https://www.barrons.com/articles/private-market-esg-and-impact-funds-perform-in-line-with-peers-e1906b08

Norway’s $1.7 Trillion Wealth Fund Asks Shell for Climate Strategy Disclosure

Tue, 21 May 2024 00:05:10 GMT

"Norges Bank Investment Management (NBIM), the investment manager for Norway’s $1.7 trillion oil fund revealed that it has asked Shell to provide more detail into its mid-term climate strategy."

"The statement, released by NBIM with its voting plans disclosure for the upcoming Shell AGM this week, follows a series of changes announced by Shell earlier this year to its energy transition strategy under new CEO Wael Sawan."

Link: https://www.esgtoday.com/norways-1-7-trillion-wealth-fund-asks-shell-for-climate-strategy-disclosure/

Guest Post: The Road Ahead for ESG

Tue, 21 May 2024 00:05:08 GMT

"Responsible investing, or considering financially material Environmental, Social and Governance (ESG) factors in investing has reached an inflection point."

"At the core of ESG integration is the premise that understanding securities from a traditional fundamental analysis and an ESG financial materiality analysis provides a better, more complete perspective on the outlook of an issuer in terms of risk and return: its long-term cash flows, valuations, or discount rates."

Link: https://www.esgtoday.com/guest-post-the-road-ahead-for-esg/

How getting ahead of ESG regulations can be a major competitive advantage

Tue, 21 May 2024 00:05:06 GMT

"THE SEC RULING’S TRICKLE-DOWN EFFECT."

"As ESG data collection is quickly moving from optional to mandatory, businesses should begin building more robust ESG data governance to meet the growing demands of their largest customers."

Link: https://www.fastcompany.com/91127520/climate-disclosures-esg-reguations-sec

Green finance: ESG conduct code for ratings and data providers up for industry discussion, aims to raise transparency

Fri, 17 May 2024 20:33:15 GMT

"Code will be ‘vital in fostering greater transparency, quality and reliability of ESG information."

"An industry-led working group backed by the Hong Kong Securities and Futures Commission (SFC) has launched a public consultation on a voluntary code of conduct for providers of environmental, social and governance (ESG) ratings and data."

Link: https://www.scmp.com/business/banking-finance/article/3263056/green-finance-esg-conduct-code-ratings-and-data-providers-industry-discussion-aims-raise

The Top ESG Trends Reshaping Business Over The Next Decade

Fri, 17 May 2024 20:33:12 GMT

"As we approach the year 2035, businesses will have more to contend with than simply maximizing revenues and profits."

"As environmental and social governance (ESG) becomes increasingly synonymous with sound business practices, these are the key trends that I believe will shape the world of business over the coming decade as businesses attempt to navigate an ethical and responsible path through what looks set to be tumultuous times."

Link: https://www.forbes.com/sites/bernardmarr/2024/05/16/the-top-esg-trends-reshaping-business-over-the-next-decade/?sh=76bdb168613c

Alive & Kicking: The Future of ESG

Thu, 16 May 2024 02:55:40 GMT

"Companies facing pressure from regulators, consumers and shareholders to quantify their climate impact."

"As we await the outcome of a court case over the SEC’s new climate disclosure rules, few companies are spending this time relaxing and even fewer are abandoning their ESG commitments. They can’t afford to."

Link: https://www.corporatecomplianceinsights.com/alive-kicking-esg/

Traveling well: Delta releases 2023 ESG Report

Thu, 16 May 2024 02:55:38 GMT

"Delta’s 2023 Environmental, Social and Governance report shares how the global, values-led airline is creating a safer, more equitable workplace that reflects the communities that it serves."

"Delta shares their 2023 Environmental, Social and Governance report, which shows how the global, values-led airline is creating a safer, more equitable workplace that reflects the communities that it serves while advancing a more sustainable future of travel."

Link: https://news.delta.com/traveling-well-delta-releases-2023-esg-report

ESG training: Hong Kong body to expand planning course to Greater Bay Area, Southeast Asia and Middle East

Tue, 14 May 2024 20:18:19 GMT

"The International Chamber of Sustainable Development (ICSD), a Hong Kong-based professional training body, will expand its accredited environment, social and governance (ESG) planner course to the Greater Bay Area in September."

"The addition is part of a bigger planned expansion, as the non-profit organisation also plans to offer the sustainability education programme in Southeast Asia and the Middle East."

Link: https://www.scmp.com/business/article/3262669/esg-training-hong-kong-body-expand-planning-course-greater-bay-area-southeast-asia-and-middle-east

EU Issues New Rules for Funds Using “ESG” or “Sustainability” Names to Address Greenwashing Risk

Tue, 14 May 2024 20:18:17 GMT

"EU markets regulator the European Securities and Markets Authority (ESMA) announced today the release of its finalized guidelines for the use of ESG and sustainability-related terms in investment fund names."

"ESMA’s finalized guidelines follow the launch by the regulator of a consultation on proposed guidance in November 2022. In the initial proposal, ESMA introduced a threshold of the minimum proportion of investments required to support an ESG-related fund name, including an 80% threshold for the use of ESG-related words, and a 50% threshold for the use of “sustainable” or any sustainability-related term."

Link: https://www.esgtoday.com/eu-issues-new-rules-for-funds-using-esg-or-sustainability-names-to-address-greenwashing-risk/

SEC urged by Democrats to strengthen ESG fund regulations

Tue, 14 May 2024 20:18:14 GMT

"Up to 21 congressional Democrats have called SEC chair Gary Gensler to expedite the finalization of a rule to ensure investment funds uphold transparency regarding ESG credentials."

"The call for action from Democratic lawmakers follows the SEC’s recent efforts to enhance sustainability disclosure, including a rule finalized in March requiring companies to report their greenhouse gas emissions."

Link: https://fintech.global/2024/05/14/sec-urged-by-democrats-to-strengthen-esg-fund-regulations/

PepsiCo to Achieve its First Net Zero Plant by 2025

Mon, 13 May 2024 17:56:47 GMT

"Food and beverage giant PepsiCo announced today that its beverage plant in Northern Spain aims to become the company’s first plant globally to reach net-zero emissions by 2025."

"The new achievement follows the launch in 2021 by PepsiCo of its comprehensive sustainability framework, pep+ , encompassing a broad range of ESG initiatives across agriculture practices, climate, water and packaging sustainability, and consumer health."

Link: https://www.esgtoday.com/pepsico-to-achieve-its-first-net-zero-plant-by-2025/

CEOs and Investors align on ESG goals amid climate extremes, EY survey claims

Mon, 13 May 2024 17:56:45 GMT

"In response to the escalating challenges posed by climate change, business leaders globally are intensifying their commitment to sustainable practices."

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Human Side of ESG Investing Still Relevant

Mon, 13 May 2024 17:56:43 GMT

"With ESG Investing, Emotions Matter."

"Something that’s often lost in all the political and regulatory criticism of ESG investing is the human side of this equation. Many market participants, particularly those on the retail side of the ledger, embrace ESG because it reflects personal values."

Link: https://www.etftrends.com/etf-education-channel/human-side-esg-investing-still-relevant/

ESG Reporting: Selecting the Metrics that Matter

Mon, 13 May 2024 17:56:40 GMT

"Quality data is critical for ESG success - collecting this data starts with understanding the metrics that matter to your company's sustainability journey."

"Emerging ESG regulations are also pushing disclosures from a voluntary to mandatory undertaking, and transparency into sustainability initiatives requires ESG insights and communication with stakeholders. Addressing any or all of the above begins with an ESG data strategy."

Link: https://sustainabilitymag.com/articles/esg-reporting-selecting-the-metrics-that-matter

28 courses to boost your ESG, sustainable finance skills

Mon, 13 May 2024 17:56:37 GMT

"Whether you want to learn how to make more sustainable investment choices or improve your company’s ESG performance, these 28 courses can help."

"Much like the word "sustainability," the terms "environmental, social and governance (ESG) investing," "impact investing" and "sustainable finance" mean different things to different people. If you’re looking for training at the intersection of finance and sustainability, it’s important to understand the differences among these terms to ensure that you’re taking the right course."

Link: https://www.greenbiz.com/article/28-courses-boost-your-esg-sustainable-finance-skills

Microsoft Signs Another Reforestation-Based Carbon Removal Megadeal

Mon, 13 May 2024 17:56:35 GMT

"Microsoft and nature-based climate solutions startup re.green announced one of the largest-ever carbon removal agreements."

"While Microsoft has noted that it takes a reductions-first strategy to addressing its greenhouse gas footprint, the company has announced a series of deals over the past several months to support and participate in the carbon removal market."

Link: https://www.esgtoday.com/microsoft-signs-another-reforestation-based-carbon-removal-megadeal/

Definity Financial Corporation releases 2023 Environmental, Social, and Governance (ESG) report and Public Accountability Statement

Mon, 13 May 2024 17:56:29 GMT

"WATERLOO, ON, May 13, 2024 /CNW/ - Today, Definity Financial Corporation (TSX: DFY) released its 2023 Environmental, Social, and Governance (ESG) Report."

"Definity Financial Corporation ("Definity", which includes its subsidiaries where the context so requires) is one of the leading property and casualty insurers in Canada, with over $4.1 billion in gross written premiums for the 12 months ended March 31, 2024."

Link: https://finance.yahoo.com/news/definity-financial-corporation-releases-2023-114500331.html

ESG a factor in investing, manager hiring for 90% of European institutions – study

Fri, 12 Apr 2024 23:08:11 GMT

"In excess of 90% of the European institutional investors that participated in a recent study by Coalition Greenwich said they consider environmental, social and governance factors when they make investment decisions."

"The study also uncovered that European institutional portfolios continue to either introduce or expand their allocations to private assets. About one-third of institutions in the study expect to significantly increase their allocations to private equity or infrastructure equity."

Link: https://www.pionline.com/esg/esg-factor-investing-manager-hiring-90-european-institutions-study

Preqin Launches New Benchmarks to Assess Private Markets ESG Funds

Fri, 12 Apr 2024 22:01:28 GMT

"Alternative investment data and insights provider Preqin announced today the launch of new ESG performance benchmarks."

"According to Preqin, the new benchmarks address the lack of standardized and comparable ESG fund performance data, which has contributed to an increase in anti-ESG sentiment and criticism in recent years."

Link: https://www.esgtoday.com/preqin-launches-new-benchmarks-to-assess-private-markets-esg-and-impact-funds/

Comment: AI could supercharge ESG, but only if people remain in charge

Fri, 12 Apr 2024 21:43:23 GMT

"AI can simplify the inherent complexity of a corporation and provide an investor with perspective across a portfolio."

"April 10 - The boom in ESG (environmental, social and governance) investment has been driven by data. Ratings, rankings, indices and datasets are powering the revolution in sustainable finance. Now, there’s a new kid on the block: artificial intelligence (AI)."

Link: https://www.reuters.com/sustainability/sustainable-finance-reporting/comment-ai-could-supercharge-esg-only-if-people-remain-charge-2024-04-10/

Stratasys publishes second ESG and sustainability report

Fri, 12 Apr 2024 21:35:16 GMT

" Stratasys has published its second Mindful Manufacturing ESG and Sustainability Report in accordance with the Global Reporting Initiative (GRI) standards."

" With its comprehensive suite of offerings , Stratasys is enabling manufacturers in the transition to strong sustainable practices and businesses."

Link: https://www.voxelmatters.com/stratasys-publishes-second-esg-and-sustainability-report/

Texas laws targeting ESG have cost taxpayers $270 million, study says

Wed, 20 Mar 2024 02:42:37 GMT

A pair of state laws targeting the environmental, social and governance movement have cost Texas taxpayers an average of $270 million a year in debt-related costs

“If you’re going to be anti-fossil fuels, if you’re going to demand certain policies before you loan companies money, then we’re not going to do business with you", Lt. Gov. Dan Patrick said in January.

Link: https://www.houstonchronicle.com/business/article/texas-laws-fighting-esg-costs-taxpayers-19076197.php

China Stock Exchanges Announce Mandatory Sustainability Reporting Requirements for Companies

Wed, 21 Feb 2024 03:51:18 GMT

"China’s three major stock markets, the Shanghai Stock Exchange (SSE), Shenzhen Stock Exchange (SZSE), and Beijing Stock Exchange (BSE), announced the publication of new sustainability reporting guidelines for listed companies."

"China joins other major markets in the midst of introducing new sustainability reporting requirements for companies, including the EU’s recently launched Corporate Sustainable Reporting Directive (CSRD) , the U.S. SEC’s upcoming climate disclosure rules , and other jurisdictions, including Australia , Brazil , Singapore , and the UK ."

Link: https://www.esgtoday.com/china-stock-exchanges-announce-mandatory-sustainability-reporting-requirements-for-listed-companies/

Forte Minerals hits key milestone with first ESG report on Mining in Peru

Wed, 21 Feb 2024 03:51:16 GMT

"Forte Minerals CEO Patrick Elliott joined Steve Darling from Proactive to share news about the company's publication of its initial Environmental, Social, and Governance (ESG) report."

"As an exploration company, Forte is focused on implementing strategic measures to manage and mitigate environmental impacts as it progresses. Furthermore, the report underscores Forte Minerals' social responsibility efforts in Peru, where the company has had a longstanding presence for over 15 years. This engagement highlights the company's dedication to fostering local development, enhancing community engagement, and ensuring equitable practices."

Link: https://www.proactiveinvestors.com/companies/news/1041366/forte-minerals-hits-key-milestone-with-first-esg-report-on-mining-in-peru-1041366.html

S&P Forecasts $1 Trillion Sustainable Bond Issuance in 2024

Wed, 21 Feb 2024 03:51:15 GMT

"Issuance volumes of green, social, sustainability, and sustainability-linked bonds (GSSSB) are expected to grow modestly to around $1 trillion."

"Overall, S&P anticipates the growth trajectory for GSSSB volumes to more closely mirror the broader conventional bond market as the sustainable bond market matures, following several years of outsized growth, with GSSSB’s share of issuance volumes growing from 5% in 2019 to 13% in 2023. For 2024, the report forecasts GSSSB issuance volumes of $0.95 trillion to $1.05 trillion, growing slightly from $0.98 trillion in 2023, reaching as high as a 14% share at the high point."

Link: https://www.esgtoday.com/sp-forecasts-1-trillion-sustainable-bond-issuance-in-2024/

California Approves $1.9 Billion Investment in Clean Transportation Infrastructure

Wed, 21 Feb 2024 03:51:13 GMT

"The California Energy Commission announced that it has approved a plan to invest $1.9 billion through 2027 on projects aimed at expanding infrastructure for zero emissions vehicles and transportation."

"The new approved plan outlines the expected investments for the California Energy Commission’s Clean Transportation Program, which funds innovation and the development and deployment of zero-emission transportation."

Link: https://www.esgtoday.com/california-approves-1-9-billion-investment-in-clean-transportation-infrastructure/

Deloitte Partners with Informatica, Workiva on New ESG Data and Reporting Ecosystem

Wed, 07 Feb 2024 03:45:12 GMT

"Global professional services firm Deloitte announced today that it has expanded its alliances with enterprise cloud data management software provider Informatica and business data and reporting solutions provider Workiva."

"According to the companies, the new ecosystem will combine Informatica’s AI-powered Intelligent Data Management Cloud and Workiva’s cloud-based regulatory reporting offering with Deloitte’s deep technology, operational and domain experience to help clients manage environmental and social governance, to meet goals."

Link: https://www.esgtoday.com/deloitte-partners-with-informatica-workiva-on-new-esg-data-and-reporting-ecosystem/

Environmental, social and governance (ESG) ratings: Council and Parliament reach agreement

Wed, 07 Feb 2024 03:40:54 GMT

"The Council and European Parliament today reached a provisional agreement on a proposal for a regulation on ESG rating activities."

"The new rules aim to strengthen the reliability and comparability of ESG ratings by improving the transparency and integrity of the operations of ESG ratings providers and preventing potential conflicts of interests."

Link: https://www.consilium.europa.eu/en/press/press-releases/2024/02/05/environmental-social-and-governance-esg-ratings-council-and-parliament-reach-agreement/

EU Lawmakers Agree to Regulate ESG Ratings Providers

Wed, 07 Feb 2024 03:37:33 GMT

"The new agreement comes as pressure builds to regulate providers of ESG ratings and data, with demand for the services surging as investors increasingly integrate ESG considerations into the investment process."

"Lawmakers in the European Parliament and Council announced today that they have reached a provisional agreement on a proposal to regulate ESG ratings providers, and introducing rules to increase the reliability and comparability of ESG ratings and prevent providers’ conflicts of interest."

Link: https://www.esgtoday.com/eu-lawmakers-agree-to-regulate-esg-ratings-providers/

AB: ESG Opportunities: Emerging Markets and Biodiversity

Tue, 16 Jan 2024 02:07:18 GMT

"There are a lot of opportunities we're going to be exploring in the responsible investing space in 2024."

"One of the other areas of focus within responsible investing is emerging markets, which are really starting to take center stage. And in the emerging markets, what we see is the true intersection of environmental and social factors. "

Link: https://www.csrwire.com/press_releases/792641-ab-esg-opportunities-emerging-markets-and-biodiversity

Earth911 Podcast: Ben Vivari On Getting Started With ESG Investing

Tue, 16 Jan 2024 01:46:18 GMT

"2023 was a challenging year for environmental, social, and governance (ESG) investing."

"Ben shares the news and research sources ESG investors should know and use when making decisions. Your choices as an investor to choose responsibility for the future in addition to profits make a difference."

Link: https://earth911.com/podcast/earth911-podcast-ben-vivari-on-getting-started-with-esg-investing/

Barclays Launches New Energy Transition-Focused Investment Banking Team

Tue, 16 Jan 2024 01:37:41 GMT

"Barclays announced the establishment of a new Energy Transition Group within its Corporate and Investment Bank."

"Comprised of industry sector specialists from within Barclays’ global Natural Resources, Power, and Sustainable and Impact Investment Banking teams, the new team will include expertise in a broad range of energy transition areas."

Link: https://www.esgtoday.com/barclays-launches-new-energy-transition-focused-investment-banking-team/

The Intersection Of Fintech And ESG

Sat, 13 Jan 2024 02:12:51 GMT

"Establishing standards for ESG reporting has been an international undertaking."

"There are currently some cross-industry standard categories regarding how to report ESG factors, but the approaches and main focus areas differ. Fintechs—particularly online lenders—are uniquely positioned because they straddle two types of businesses: lending and technology. Below are some ideas for how fintechs can assess and improve their environmental and governance policies and practices."

Link: https://www.forbes.com/sites/forbesfinancecouncil/2024/01/12/the-intersection-of-fintech-and-esg/?sh=2f3eeb2c55b8

Apex Group Launches ESG Advisory and Reporting Unit

Sat, 13 Jan 2024 01:59:14 GMT

"Under the new brand, Holtara will offer ESG advisory services with more than 80 specialists."

"Financial services and solutions provider Apex Group announced today the launch of Holtara, a new ESG solutions subsidiary, combining the firm’s ESG advisory and reporting platform, focused on serving private markets clients."

Link: https://www.esgtoday.com/apex-group-launches-esg-advisory-and-reporting-unit/

ESG: ‘Good’ Critics and ‘Bad’

Wed, 10 Jan 2024 00:51:45 GMT

"The week beginning January 1, 2024: The ESG debate (continued), electric vehicles, regulation, the Red Sea, and much, much more."

"As I have written on various occasions, including this Capital Letter from August 2022, I don’t think that focusing on corporate wokeness is the best way for critics of ESG to go, but I understand why they do, and I understand too why their opponents like to focus on this issue as well."

Link: https://www.nationalreview.com/2024/01/esg-good-critics-and-bad/

Security Industry Association Names Renee Thompson ESG Advisory Board Chairperson

Wed, 10 Jan 2024 00:51:42 GMT

"Wesco International director of global sustainability and environmental compliance will lead efforts to advance ESG information sharing."

"Thompson has led the global Sustainability and Environmental Compliance team at Wesco since 2020, helping evolve the company’s approach to compliance, sustainable practices and corporate citizenship."

Link: https://www.securitysales.com/business/security-industry-association-renee-thompson-esg-advisory-board-chairperson/

Research shows misgivings about ESG investing reducing returns are wrong – so what can IR do to bridge the gap?

Wed, 10 Jan 2024 00:51:32 GMT

"A paradigm shift in capital allocation"

"As stewards of the investor relationship, IR professionals have a unique opportunity to reshape narratives, debunk misgivings and lead the charge toward a sustainable and financially prosperous future."

Link: https://www.irmagazine.com/esg/research-shows-misgivings-about-esg-investing-reducing-returns-are-wrong-so-what-can-ir-do

A ‘digital handshake’ for the planet: How one asset management firm adopted a new framework for ESG

Wed, 03 Jan 2024 02:28:15 GMT

"Applying the framework"

"San Francisco-based asset manager Newday Impact Investing believes that using what it calls an Ecological Benefits Framework (EBF), or “a shared market architecture,” could provide a new way forward in social investing."

Link: https://www.cnbc.com/2023/12/19/how-one-asset-management-firm-adopted-a-new-framework-for-esg.html

Finance Executives Hope Certainty Is Ahead on ESG Disclosures

Thu, 28 Dec 2023 01:21:38 GMT

"Companies wanted 2023 to bring certainty on sustainability disclosures and regulations. They didn’t get it."

"Even with roughly a decade of putting out an annual sustainability report, preparing to disclose on ESG in regulatory filings is an undertaking."

Link: https://www.wsj.com/articles/finance-executives-hope-certainty-is-ahead-on-esg-disclosures-c740d5e7

BlackRock lawsuit recognises the importance of ESG in the US

Thu, 21 Dec 2023 20:30:33 GMT

"What can we learn from BlackRock’s lawsuit—claims of misinformation in environmental, social and governance (ESG) investing by the global asset manager"

"The first mainstream mention of the term ‘ESG’ was present in a 2004 report from the United Nations (UN) and has since become a cornerstone of business growth, accelerating over the past decade. It seems the term is sometimes used interchangeably with ‘sustainability’, which still contain their own nuances."

Link: https://sustainabilitymag.com/esg/blackrock-lawsuit-recognises-the-importance-of-esg-in-the-us

Companies are Rising to ESG Challenge Says Industry Group

Thu, 21 Dec 2023 20:27:25 GMT

"Despite challenges and the recent ESG backlash , companies remain committed to the work of ESG and CSR."

"Contrary to the narrative that companies are scaling back or abandoning ESG and CSR, most are continuing to prioritize progress towards their social impact goals. According to KPMG’s 2023 CEO Outlook report, 69% of CEOs have embedded ESG into their business as a means of value creation."

Link: https://www.ehstoday.com/ehs-outloud-blog/article/21279315/companies-are-rising-to-esg-challenge-says-industry-group

Get Ready for ESG in 2025

Thu, 21 Dec 2023 20:11:50 GMT

"Amid global skepticism toward intellectual capital in the late '90s, the 21st century sees ESG defining company competitiveness through environmental, social and corporate practices"

"In all leading economies worldwide, particularly under the umbrella of the European Union and the Organisation for Economic Co-operation and Development (OECD), starting from the year 2025, companies will be required to submit ESG reports."

Link: https://www.dailysabah.com/opinion/columns/get-ready-for-esg-in-2025

Thailand aims to raise $284m through new ESG funds by year-end

Sat, 09 Dec 2023 21:28:25 GMT

"Regulators look to position nation as sustainability leader in ASEAN"

"The Thai Securities and Exchange Commission on Friday announced the launch of 22 new mutual funds to support the Southeast Asian nation's environmental, social and governance (ESG) goals, with managers of the products aiming to draw investment of around 10 billion baht ($284 million) by year-end."

Link: https://asia.nikkei.com/Business/Markets/Thailand-aims-to-raise-284m-through-new-ESG-funds-by-year-end

Understanding Institutional Investors’ Perspective on ESG

Sat, 09 Dec 2023 21:20:32 GMT

"ESG integration into the investment process"

"This report aims to provide issuers with a sense of how investors may think about ESG factors across the entire investment process."

Link: https://www.msci.com/www/research-report/understanding-institutional/04235346622

ESG Critics Ultimately May Help Improve the Strategies

Sat, 09 Dec 2023 21:08:28 GMT

"If those on either side of the debate over environmental, social, and governance investments feel thoroughly convinced of their arguments, they should think again."

"ESG-related investments are expected to top $34 trillion by 2025, according to consultancy PwC. That means it’s essential for investors, allocators, politicians, and regulators to better understand this contentious and complicated topic."

Link: https://www.institutionalinvestor.com/article/2cjr0lba4ei1a4mmaedxc/opinion/esg-critics-ultimately-may-help-improve-the-strategies

AI And ESG Linkages Are Critical To Our Society

Sun, 03 Dec 2023 21:49:28 GMT

"I cannot help but worry about our children’s future, as we have seen the incredible damage that we have done to our mother earth’s carbon footprint."

"Generative AI models at scale have major risks of hallucination and what responsibility should ESG professionals have in voicing social and governance concerns and should they also wade into the major issues of Diversity Equity and Inclusion that prevail in LLM models and many large image datasets, especially in facial recognition?"

Link: https://www.forbes.com/sites/cindygordon/2023/11/30/ai-and-esg-linkages-are-critical/?sh=e58edd962f63

The first step toward an embedded sustainability strategy: Pinpoint key ESG issues

Thu, 30 Nov 2023 22:00:46 GMT

The initial building blocks in creating an embedded strategy are establishing material ESG factors and stakeholders and developing a materiality matrix.

"This article will cover the first building blocks in developing an embedded sustainability strategy: mapping your material ESG issues and stakeholders and developing a materiality matrix. You can learn more by reviewing the " Practitioners’ Guide to Embedding Sustainability, " developed by the NYU Stern Center for Sustainable Business (CSB)."

Link: https://www.greenbiz.com/article/first-step-toward-embedded-sustainability-strategy-pinpoint-key-esg-issues

Climate Disclosure Legislation Will Usher In A New Era Of ESG Investment

Thu, 30 Nov 2023 21:58:07 GMT

" Senate Bill 253 will mandate companies registered in the U.S. and doing business in California that generate more than $1 billion in annual revenue to disclose emissions, beginning in 2026."

"ESG has become a divisive topic, with at least one leader saying he wished the term would 'just go away.' And while ESG investments have scaled back recently, I believe they are here to stay in the long term. New ESG regulation has been rising around the world, with 'requirements for private businesses to report on and prevent adverse impacts on climate, the environment and human rights.'"

Link: https://www.forbes.com/sites/forbesfinancecouncil/2023/11/27/climate-disclosure-legislation-will-usher-in-a-new-era-of-esg-investment/?sh=532a72fe16bd

This key element of ESG investing could drive real change at companies and boost returns

Sun, 26 Nov 2023 17:53:12 GMT

"Defining and quantifying the ‘S’"

"While data around human capital and diversity has improved over the past several years, investing professionals still see a lack of standardized information that can make social themes harder to integrate. The patchwork of data can also make apples-to-apples comparisons between competing companies more difficult."

Link: https://www.cnbc.com/2023/11/18/this-key-element-of-esg-investing-could-drive-real-change-at-companies-and-boost-returns.html

JP Morgan ESG head Umunna calls for new green tech funding model

Mon, 13 Nov 2023 20:20:47 GMT

"Our job is enable and facilitate ... the transition. We are not in a position to deliver the transition"

"Start-up firms in some parts of the green technology industry such as sustainable farming are missing out on capital and need a new funding model, a senior JP Morgan banker said on Monday."

Link: https://www.reuters.com/sustainability/sustainable-finance-reporting/jp-morgan-esg-exec-says-green-tech-needs-new-funding-model-2023-11-13/

Seegene Earns Improved ESG Rating from the Korea Institute of Corporate Governance and Sustainability

Mon, 13 Nov 2023 20:02:00 GMT

"Company attributes B+ rating to progress related to its Human Rights Management Declaration, eco-friendly shipping box and the establishment of an internal ESG Committee"

"Seegene achieved an overall rating of 'B+' which is a two-grade improvement compared to its 2022 'C' rating. Specifically, the company improved one level in the environmental category (from 'B' to 'B+'), maintained a 'B+' in the social category and improved three levels in the governance category (from 'D' to 'B+'). The company credited its achievement to the advancement of its sustainable management initiatives which laid the groundwork for actively managing non-financial risk."

Link: https://www.biospace.com/article/releases/seegene-earns-improved-esg-rating-from-the-korea-institute-of-corporate-governance-and-sustainability/

Microsoft: This 'Magnificent Seven' Stock Also Is The Best ESG Company

Mon, 30 Oct 2023 01:52:36 GMT

"Microsoft, IBD's Best ESG Company for 2023, is a member of the "Magnificent Seven" club of tech titans and one of the best-performing stocks on the planet."

"Microsoft, headed by CEO Satya Nadella, is committed to delivering returns to shareholders and helping both the company and the entire globe forge a path to a more sustainable future."

Link: https://www.investors.com/news/microsoft-stock-this-magnificen-seven-company-tops-the-esg-list/

Research: Firms with Diverse Boards Achieve Higher ESG Ratings

Mon, 30 Oct 2023 01:52:34 GMT

"An analysis of 15 years of data from the S&P 1500 uncovers a crucial link: firms with diverse leadership consistently achieve higher environmental ratings from MSCI, a leading ESG data provider."

"Acknowledging that no single ESG metric can fully encapsulate the complexities of sustainable business practices, these results suggest that board diversity tangibly and positively affects a firm’s environmental sustainability."

Link: https://hbr.org/2023/10/research-firms-with-diverse-boards-achieve-higher-esg-ratings

How CRE Is Coming Around to ESG

Mon, 30 Oct 2023 01:52:30 GMT

"As stakeholders turn their attention to ESG, many organizations are focusing heavily on the E and G, with less emphasis on the S."

“Much focus has been placed on environmental and governance initiatives — and one of the reasons is they are much easier to measure,” says Wendy Mann , CEO of CREW Network . “But the social aspects are also critical, even though tracking them isn’t always straightforward.”

Link: https://www.globest.com/2023/10/26/how-cre-is-coming-around-to-esg/?slreturn=20230929212237

Helping companies navigate today’s evolving global ESG regulatory landscape

Mon, 30 Oct 2023 01:46:12 GMT

"In recent years, environmental, social and governance (ESG) reporting for companies has moved from a "nice-to-have" to an integral part of corporate strategy."

"To help you better understand the latest on the ESG regulatory landscape — primarily in Europe and the United States — here is some guidance for companies on how they can effectively navigate and prepare for these complex and fast-evolving requirements."

Link: https://www.greenbiz.com/article/helping-companies-navigate-todays-evolving-global-esg-regulatory-landscape

European Parliament rejects bid to weaken ESG reporting rules

Thu, 19 Oct 2023 02:56:09 GMT

"The European Parliament has reaffirmed its commitment to corporate sustainability reporting standards that will go into effect January 2024."

"Eelco van der Enden, CEO of Global Reporting Initiative, an independent sustainability reporting organization, said in a statement that the European Parliament action 'signals the transition from political debate to practical implementation for these new rules — which are a game changer for corporate accountability, in the EU and globally.'"

Link: https://www.pionline.com/esg/esg-reporting-rules-get-support-european-parliament

Exclusive research The Muni Market & The ESG Evolution

Thu, 19 Oct 2023 02:53:01 GMT

"How do environmental, social and governance (ESG) factors fit into the municipal bond landscape now?"

"The topic has driven robust debate during the last five years but some market participants see it as an opportunity for industry growth in the U.S. and abroad. They're on to something: ESG bond issuance has grown even as overall municipal issuance has dropped precipitously."

Link: https://www.bondbuyer.com/research-report/the-muni-market-the-esg-evolution

Hickey Global launches ESG services line

Thu, 19 Oct 2023 02:50:20 GMT

"Hickey Global, New York-headquartered economic development consulting firm, has launched 'ESGReady'"

"Hickey Global says its new ESGReady offering can help EDOs bridge the gap between what companies are looking for in a location and how communities can meet those requirements. Implementation of effective ESG initiatives has additional benefits for the community itself – including strengthening ties between residents, businesses, and government; creating competitive advantage for business retention; and mitigating ESG risks and financial/reputational damage."

Link: https://www.consulting.us/news/9819/hickey-global-launches-esg-services-line

ESG Pulse Report: A Sharpened Focus

Wed, 11 Oct 2023 22:07:48 GMT

"This new report presents the results of a survey from DFIN and Morning Consult."

"This report includes key statistics from 286 ESG decision makers at public and private companies surveyed in August 2023, including:

84% are voluntarily reporting on Scope 1 emissions
What are the most challenging issues when transitioning to mandatory reporting?
3 in 5 executives are very prepared to report on metrics in the SEC ESG proposal. Are you?"

Link: https://www.irmagazine.com/research-reports/esg-pulse-report-sharpened-focus

Franklin Templeton takes a sustainable step with new ESG fund launch

Wed, 11 Oct 2023 21:07:10 GMT

" Franklin Templeton and ClearBridge Investments have announced the launch of a global value equity fund named the FTGF ClearBridge Global Sustainability Improvers Fund."

"The FTGF ClearBridge Global Sustainability Improvers Fund is designed to invest in undervalued companies, specifically those that are actively improving their ESG practices. With a concentrated portfolio of approximately 30-40 equity securities, the fund aspires to generate long-term capital appreciation."

Link: https://fintech.global/2023/10/11/franklin-templeton-takes-a-sustainable-step-with-new-esg-fund-launch/

ESG reports will soon require third-party assurance. Here’s how to get ready

Wed, 11 Oct 2023 21:00:45 GMT

"Coming new regulations will require corporations to get third-party assurance for their climate and ESG-related disclosures."

"With ESG assurance requirements expected to take effect as soon as 2025, companies will need systems to collect and manage their ESG data for the 2024 fiscal year. With deadlines rapidly approaching, what can companies do to get ESG assurance ready, and how much will it cost them?"

Link: https://www.greenbiz.com/article/esg-reports-will-soon-require-third-party-assurance-heres-how-get-ready

Webinar: Adapting to New ESG Disclosure Requirements

Wed, 04 Oct 2023 21:23:09 GMT

"The focus on ESG has intensified."

"On October 11th, join the Financial Times and Workiva for a free webinar exploring the evolution of stakeholder demands and the regulatory landscape, how companies are reorganizing internally to meet compliance requirements, and more."

Link: https://www.csrwire.com/press_releases/784886-webinar-adapting-new-esg-disclosure-requirements

Following The Data: Why Companies Should Prioritize ESG And Tips For Success

Wed, 04 Oct 2023 21:15:34 GMT

"ESG practices result in bottom-line advantages."

"A KPMG survey found that 70% of U.S. CEOs said their ESG programs improved their companies' financial performance."

Link: https://www.forbes.com/sites/forbesbusinesscouncil/2023/10/04/following-the-data-why-companies-should-prioritize-esg-and-tips-for-success/?sh=42e195436df5

Embracing ESG Risk Management: It’s Simpler Than You Imagine

Wed, 27 Sep 2023 01:19:17 GMT

"The Goal: Better Data"

"ESG risks might seem a bit overwhelming, especially to businesses already awash in so many other demands for risk assurance. The truth is less scary. ESG risk management does have its unique challenges, but in many ways the task is similar to other risk management efforts that companies have had to confront for years. You just need the right approach to assessing risk and the right tools to tame it."

Link: https://securityboulevard.com/2023/09/embracing-esg-risk-management-its-simpler-than-you-imagine/

Another Reason ESG Credibility Matters

Wed, 27 Sep 2023 01:08:21 GMT

"Sharks Circling ESG Greenwashing Offenders"

"Some hedge funds see opportunity with environmental, social, and governance offenders. They’re testing that thesis by shorting stocks they believe could come under ESG scrutiny."

Link: https://www.etftrends.com/etf-education-channel/another-reason-esg-credibility-matters/

Embracing the opportunity of ESG to deliver a sustainable future

Wed, 27 Sep 2023 00:51:08 GMT

"To accelerate net-zero opportunities at pace, E&P companies need to be ESG leaders."

"To embrace the focus on ESG, companies need to consider the expectations of them as individual firms, within a value-chain, and more widely as a sector depending on stakeholders."

Link: https://www.worldoil.com/magazine/2023/september-2023/features/embracing-the-opportunity-of-esg-to-deliver-a-sustainable-future/

Why ESG Investing Still Matters

Fri, 22 Sep 2023 03:28:24 GMT

"Compelling Runway for ESG ETFs"

"Environmental, social, and governance policies and investing have become targets of political derision. That doesn’t dampen the need for corporations and governments to pursue agendas tied to climate change and diversity, equity, and inclusion."

Link: https://etfdb.com/esg-channel/esg-investing-still-matters/

New Kroll Study Shows Stronger Investment Returns for Companies with High ESG Ratings

Sat, 16 Sep 2023 16:33:41 GMT

"Globally, ESG Leaders had annual returns of 12.9% vs. 8.6% for ESG Laggards"

"As new global regulatory and financial reporting standards are set, ESG investing will likely remain an important driver of investment decisions with management teams, investment firms, regulators and standard setters. A strong ESG materiality framework for identifying and assessing dynamic ESG factors is critical for effective reporting. "

Link: https://www.kroll.com/en/about-us/news/kroll-study-shows-stronger-investment-returns-companies-high-esg-ratings

U.S. Construction Industry Steps Up the Pace on ESG, Without Saying 'ESG'

Sat, 16 Sep 2023 16:24:42 GMT

"Stepping up the pace on carbon reporting"

"The U.S. construction industry provides a good example, as bottom-line interests continue to support the ESG movement, regardless of what words are used."

Link: https://www.triplepundit.com/story/2023/construction-industry-esg/783276

Many Boards Are Playing Catch-Up on ESG and Green Issues

Sat, 16 Sep 2023 16:18:22 GMT

"Training up on sustainability"

"Eighty-three percent of directors surveyed said ESG topics were critical knowledge for directors, but less than half considered themselves to have 'advanced' or 'expert' level knowledge, according to a survey of board directors conducted in July by WSJ Pro in collaboration with the National Association of Corporate Directors. "

Link: https://www.wsj.com/articles/many-boards-are-playing-catch-up-on-esg-and-green-issues-6de9552b

Sustainability 360 looks to ease ESG data reporting

Sat, 09 Sep 2023 02:09:11 GMT

"Deloitte partners with Salesforce and AT&T on Sustainability 360 for ESG data management that's built on Salesforce Net Zero Cloud to help companies meet increasing regulations."

"Sustainability 360 is built on the Salesforce Net Zero Cloud platform, with Deloitte-created modules for ESG requirements such as regulatory compliance, performance improvement, stakeholder and supplier management, and B2B integration. It's available now for Net Zero Cloud licensed users at no additional charge."

Link: https://www.techtarget.com/sustainability/news/366551537/Sustainability-360-looks-to-ease-ESG-data-reporting

Two-Thirds of Organizations Have Not Implemented ESG Controls to Ensure Accuracy of Data

Sun, 03 Sep 2023 16:50:13 GMT

" AuditBoard , a cloud-based platform for audit, risk, ESG, and compliance management, has released its 2023 ESG Maturity Benchmarking Report: Accelerating ESG Transformation ."

"The report found that two-thirds of organizations have not implemented ESG controls, and that 60% do not currently perform internal ESG audits. This lack of ESG program readiness raises the risk of reporting incomplete or incorrect data and leaves organizations unprepared to maintain compliance with future regulations, including the forthcoming ESG rules from the Securities and Exchange Commission (SEC)."

Link: https://www.cpapracticeadvisor.com/2023/09/01/two-thirds-of-organizations-have-not-implemented-esg-controls-to-ensure-accuracy-of-data/94022/

Survey: In Majority of Companies, ESG Data Comes From at Least 3 Teams

Sun, 03 Sep 2023 16:43:05 GMT

"Nearly three in four companies have appointed at least one employee to oversee ESG reporting and initiatives, a six-point increase over the previous year,"

"The company’s survey included responses from more than 900 professionals with knowledge of ESG reporting in their organizations and follows Workiva’s 2022 survey, which focused on challenges and opportunities in ESG reporting."

Link: https://www.corporatecomplianceinsights.com/survey-esg-data-reporting/

NEC Discloses ESG Initiatives Supporting Sustainable Growth of Companies and Society

Sun, 03 Sep 2023 16:38:03 GMT

" NEC Corporation (NEC; TSE: 6701) has published the "ESG Databook 2023," a report on its ESG (Environmental, Social, and Governance) initiatives since April 2022."

"NEC aims to create social and environmental value through its businesses, with a focus on growth businesses, and to strengthen non-financial foundations that support sustainable growth of the company and society as part of its financial strategy."

Link: https://www.nec.com/en/press/202309/global_20230901_01.html

Echo Research explores ESG & sustainability strategy

Mon, 28 Aug 2023 01:22:27 GMT

"How are companies keeping track of their sustainability programmes?"

"While ensuring a sound baseline, evidence and scientific data can be complicated in assessing how a company performs as a steward of the physical environment — such as its use of natural resources and the effect of their operations on the environment. Both in their direct operations and across their supply chains, it’s ultimately an engineering focus to deliver agreed targets."

Link: https://sustainabilitymag.com/articles/echo-research-explores-esg-sustainability-strategy

‘Not just money and math’: Young people are willing to sacrifice returns for ESG

Mon, 28 Aug 2023 01:13:40 GMT

"What young investors want."

"Nearly two-thirds of Gen Z investors want to allocate their portfolios in a way that supports causes they care about, according to a July survey of some 4,000 current and aspiring investors by U.S. Bank."

Link: https://www.cnbc.com/2023/08/27/not-just-math-and-numbers-young-people-are-willing-to-sacrifice-returns-for-esg.html

The Case For ESG Investing

Mon, 21 Aug 2023 19:07:39 GMT

"ESG investing is an increasingly trendy topic in the financial industry, and also a political one, with some claiming that it delivers inferior returns."

"We discuss the finer details with Hallie Kraus, financial planner at the Humphreys Group in San Francisco, a woman-owned and operated wealth management firm and longtime champion of ESG investing."

Link: https://www.forbes.com/sites/lawrencelight/2023/08/19/the-case-for-esg-investing/?sh=2cfc98ed3e01

Repelling the Attack on Environmental, Social, Corporate Governance (ESG) Management

Mon, 21 Aug 2023 18:44:43 GMT

"ESG management is simply another tool for managers seeking to deal with our rapidly changing world."

"Being careless about an organization’s environmental impact is an indicator of inadequate management. Just as a construction project riddled with injuries and death is an indication of a poorly run operation, any operation that creates unnecessary risk from pollution indicates poor management."

Link: https://news.climate.columbia.edu/2023/08/21/repelling-the-attack-on-environmental-social-corporate-governance-esg-management/

Trade Rules Are Increasingly ESG Rules

Sat, 19 Aug 2023 23:52:02 GMT

"Global Deforestation and Forest Degradation"

"In the past, ESG legislation was focused on a specific risk domain, like conflict minerals, child labor or the 2020 Uyghur Forced Labor Act. Now we are seeing a move to all-encompassing ESG legislation that spills into trade law and has significant penalties."

Link: https://www.forbes.com/sites/stevebanker/2023/08/16/trade-rules-are-increasingly-esg-rules/?sh=5503486d57d0

Palo Alto Networks safeguards cybersecurity with ESG focus

Fri, 11 Aug 2023 18:58:44 GMT

"Palo Alto Networks has set a number of ESG initiatives to create a safer and more secure world while increasing cybersecurity education."

"American cybersecurity company Palo Alto Networks is on a mission to create a world where each day is safer and more secure than the one before."

Link: https://sustainabilitymag.com/articles/palo-alto-networks-safeguards-cybersecurity-with-esg-focus

Embracing ESG To Improve The Future Of Business

Fri, 11 Aug 2023 18:33:04 GMT

"Progress starts with accountability."

"No matter the size or type of your organization, there is no better time to strengthen your ESG program than the present."

Link: https://www.forbes.com/sites/forbestechcouncil/2023/08/11/embracing-esg-to-improve-the-future-of-business/?sh=26dab208641d

China Looking to Bolster Its ESG Credentials

Fri, 11 Aug 2023 17:40:02 GMT

"When it comes to environmental, social, and governance (ESG) being part of the corporate lexicon and mentions on earnings calls and in regulatory reports, it’s not a stretch to say that Western economies, including Europe and the U.S., are leaders."

"KESG, which tracks the MSCI China ESG Leaders 10/40 Index, is less than two weeks removed from its third birthday. The KraneShares ETF focuses on publicly traded Chinese firms that sport strong ESG scores relative to sector peers. The fund is a relevant at a time when more Chinese companies are prioritizing ESG and upping related reporting."

Link: https://etfdb.com/climate-insights-channel/china-looks-bolster-esg-credentials/

Pension Plans Increase Focus on ESG Investing for a Sustainable Future

Mon, 07 Aug 2023 03:42:38 GMT

"The rise of ESG investing has caused a paradigm shift in the industry. Standardization and data automation will play an integral role in ESG reporting."

"As the level of ESG investing has increased, the need for better, more consistent and transparent disclosure standards and regulatory frameworks has also accelerated. With that comes the necessity for higher quality data and the ability to pull together disparate data sets for investor and regulatory reporting."

Link: https://www.csrwire.com/press_releases/780516-pension-plans-increase-focus-esg-investing-sustainable-future

Wolters Kluwer recognized in the Financial Times and by an independent research firm as a leading global provider of ESG Software

Mon, 07 Aug 2023 03:37:59 GMT

"Corporate Performance & ESG (CP & ESG) division recognized as having the strongest market momentum among all vendors in the Green Quadrant report"

"The respected industry barometer provides a comprehensive, research-based comparison of the twenty most prominent Environmental, Social, and Governance (ESG) platform vendors in the world."

Link: https://www.wolterskluwer.com/en/news/green-quadrant-esg-software-leader-2023

ESG’s Staying Power Is Too Big for Businesses to Underestimate

Tue, 01 Aug 2023 19:01:02 GMT

"Companies’ environmental, social, and governance initiatives positively correlate with financial outcomes, and business leaders should take notice," says Shearman & Sterling’s Mona Dajani.

"Research finds that some three-quarters of executives see their ESG initiatives as revenue enablers, largely due to the entrenchment of sustainability concerns among their consumers and employees alike."

Link: https://news.bloomberglaw.com/us-law-week/esgs-staying-power-is-too-big-for-businesses-to-underestimate

Familiar Names Driving ESG ETF Performance

Tue, 01 Aug 2023 18:55:31 GMT

"Magnificent Seven Driving QQMG Gains"

"Helped in large part by enthusiasm for the artificial intelligence (AI) investment theme, growth stocks are rebounding with a vengeance. This provided ballast to a variety of ESG ETFs. That includes the Invesco ESG Nasdaq 100 ETF (QQMG) ."

Link: https://www.etftrends.com/etf-education-channel/familiar-names-driving-esg-etf-performance/

2022 ESG report: The road to sustainability

Thu, 27 Jul 2023 19:30:59 GMT

"Jennifer Nakata, Director, ESG, discusses Ballard’s 2022 ESG performance ."

"Sustainability, for Ballard, means generating positive social and environmental impact and business value through the delivery of our products and solutions, while at the same time ensuring that sustainability considerations are embedded throughout our operations and daily ways of working."

Link: https://blog.ballard.com/2022-esg-report

THE HOME DEPOT PUBLISHES ESG REPORT, ANNOUNCES NEW GOALS TO REDUCE CARBON EMISSIONS, INVESTS MORE TRAINING IN FRONTLINE ASSOCIATES AND LEADERS

Thu, 27 Jul 2023 19:21:40 GMT

"The report provides details on the company's progress on its environmental, social and governance (ESG) pillars: Focus on our People, Operate Sustainably and Strengthen our Communities."

"By the end of fiscal year 2028, the company expects more than 85% of U.S. and Canadian sales in outdoor power equipment, specifically push lawn mowers and handheld outdoor equipment like leaf blowers and trimmers, will run on rechargeable battery technology instead of gas."

Link: https://www.prnewswire.com/news-releases/the-home-depot-publishes-esg-report-announces-new-goals-to-reduce-carbon-emissions-invests-more-training-in-frontline-associates-and-leaders-301886849.html

Medline issues first global ESG Report

Thu, 27 Jul 2023 19:11:38 GMT

" Medline has released the company’s first global Environmental, Social and Governance Report ."

"The report reflects Medline’s commitment to serving people —maintaining the highest standards of safety and health in the workplace; creating opportunities for connection and development for employees; promoting diversity, equity and inclusion across the organization; and addressing health equity in the more than 125 countries where Medline operates around the world."

Link: https://newsroom.medline.com/social-responsibility/medline-issues-first-esg-report/

Mutual Funds: SEBI Introduces New Category For ESG Investments

Thu, 20 Jul 2023 18:54:16 GMT

"SEBI introduced a sub-category for environmental, social, and governance investments under the thematic category of equity investments on Thursday."

"This includes exclusion, integration, best-in-class and positive screening, impact investing, sustainable objectives, and transition or transition-related investments, according to a circular by the Securities and Exchange Board of India."

Link: https://www.bqprime.com/mutual-funds/mutual-funds-sebi-introduces-new-category-for-esg-investments

Research: The ESG Issues That Matter Most to People

Thu, 20 Jul 2023 18:54:14 GMT

"Research conducted by nonprofit organization JUST Capital highlights the importance of public opinion in determining corporate behaviors."

"For many corporate managers, improving their firms’ ESG (environmental, social, and corporate governance) performance is a central goal. To achieve it, they face trade-offs: Should they improve treatment of their workers, or instead reduce carbon emissions? Should they protect shareholders or the human rights of overseas workers?"

Link: https://hbr.org/2023/07/research-the-esg-issues-that-matter-most-to-people

EU Seeks Input From Small Businesses On ESG And Green Financing

Thu, 20 Jul 2023 18:54:05 GMT

"Green finance and environmental, social and governance are the focus of a new survey organized by SMEunited and Eurochambres ."

"As the business sector priorities environmentally friendly policies, the availability of financing for those projects is gaining importance."

Link: https://www.forbes.com/sites/jonmcgowan/2023/07/19/eu-seeks-input-from-small-businesses-on-esg-and-green-financing/?sh=76ab19651334

AccountAbility CEO Sees ESG Metrics as Key Predictors of Corporate Financial Health

Thu, 13 Jul 2023 20:12:55 GMT

"In the interview, Mr. Misser shared insights on the latest trends in ESG practices, and the evolving landscape of sustainability within the corporate sector."

"Corporate Boards have long played a key role in setting an organizations culture, values, and business practices. Now, the structure of Boards is changing."

Link: https://www.csrwire.com/press_releases/778726-accountability-ceo-sees-esg-metrics-key-predictors-corporate-financial-health

Carbon tracking tool helps Dynamic keep pace on ESG

Thu, 13 Jul 2023 20:07:52 GMT

"Dynamic Lifecycle Innovations launched a carbon calculator that will allow customers to estimate how electronics recovery affects scope 3 emissions. The processor also released its first ESG report."

"The Dynamic ESG report sets baseline goals for 2023, including improving tracking and reporting of ESG metrics and establishing more ESG goals."

Link: https://resource-recycling.com/e-scrap/2023/07/12/carbon-tracking-tool-helps-dynamic-keep-pace-on-esg/

INVESTOR DEMAND MEANS ESG INVESTING IS HERE TO STAY

Tue, 11 Jul 2023 20:05:01 GMT

"Investor demand for ESG investing combined with an industry response that has satisfied that demand means ESG investing is here to stay."

"Policymakers should reject calls to stifle ESG investing and instead embrace the benefits that ESG investing offers and that investors clearly want."

Link: https://bettermarkets.org/newsroom/investor-demand-means-esg-investing-is-here-to-stay/

ESG Principles: Why Manufacturers Must Embrace Sustainability

Tue, 11 Jul 2023 19:40:22 GMT

"As ESG principles continue to gain prominence in the business world, adoption is no longer simply a good idea—it’s a necessity."

"Large manufacturers increasingly demand that their suppliers also adhere to these standards, ensuring that goods are produced sustainably and that employees are held in high regard."

Link: https://www.forbes.com/sites/forbesbusinesscouncil/2023/07/11/esg-principles-why-manufacturers-must-embrace-sustainability/?sh=668bad2928a6

Sustainability study benchmarks ESG practices in the baking industry

Sun, 09 Jul 2023 14:37:23 GMT

"The study will reveal the scope of the wholesale baking industry’s commitment to ESG business practices."

"Sustainability has become a critical part of doing business, but the definition has expanded beyond simply reducing carbon emissions. Today, sustainable business practices not only include reducing energy and water usage, but also transparent supply chains, regenerative agriculture and sustainably sourced ingredients, and even humane workforce policies."

Link: https://www.foodbusinessnews.net/articles/24147-sustainability-study-benchmarks-esg-practices-in-the-baking-industry

ESG Standards are Impacting EHS More Than Ever

Fri, 07 Jul 2023 03:10:49 GMT

"Four ways EHS professionals can maximize their impact."

"ESG standards and requirements are evolving. As sustainability becomes an increasingly important issue—and the debate over its importance continues to wage—ESG standards must adapt to reflect changing priorities, opportunities, and risks."

Link: https://www.ehstoday.com/environment/article/21268778/esg-standards-are-impacting-ehs-more-than-ever

ESG Software Market to Surpass 2.28 Billion by 2030 Drives Due to the Growing Demand for Ethical and Sustainable Investments

Sat, 01 Jul 2023 20:39:44 GMT

"The growing demand for ethical and sustainable investments is a crucial driver fueling the expansion of the ESG software market."

"ESG (Environmental, Social, and Governance) investment has experienced significant growth in recent years as organizations, institutions, and stakeholders recognize the urgent need to address pressing issues such as discrimination, environmental degradation, climate change, and social inequality."

Link: https://finance.yahoo.com/news/esg-software-market-surpass-2-133000193.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAACfaPWE9kncxWj1HanjpzJQnbFpJWpbi2qo6mc8LTMN3Njb_9Rfiz24zYOnqv0njA6fYjn2MPhY-2ETeMRF8W28E7xCvvd0xmwfS5sG3Cr1xJt9KOqHVCoPgE_xFEimOyJqFqAxAbY-u-BwSdYtMJ4RRKtnBKk7_auapkniUU3IH

Salesforce automates ESG report-building to meet sustainability standards

Sat, 01 Jul 2023 20:34:38 GMT

"Sustainable AI is responsible AI"

"Salesforce’s new ESG report-building tool will prepare organizations for those ISSB standards while aligning environmental reporting metrics to SASB’s focus on enterprise financial performance and value as it relates to sustainability."

Link: https://www.sdxcentral.com/articles/news/salesforce-automates-esg-report-building-to-meet-sustainability-standards/2023/06/

Diligent Data Launches ESG Module

Tue, 27 Jun 2023 23:46:28 GMT

"Diligent offers ESG scores for over 15,000 organizations worldwide"

"Diligent, a leading GRC SaaS company, has partnered with sustainability tech provider Clarity AI to launch its ESG module, giving organizations and investors greater transparency into ESG scores and how a company’s climate data measures against the wider market."

Link: https://www.martechcube.com/diligent-data-launches-esg-module/

Investing In Outcomes: Why Clear ESG Goals Mean Better Returns

Tue, 27 Jun 2023 23:29:33 GMT

"Here are some tips for building a successful initiative—the secret sauce for integrating ESG into your start-up and making your impact measurable, real and successful"

"In today's world, start-ups need to think about ESG (Environmental, Social, and Governance) from day one. This is not just about ticking boxes or making a good impression."

Link: https://www.forbes.com/sites/forbesbusinesscouncil/2023/06/27/investing-in-outcomes-why-clear-esg-goals-mean-better-returns/?sh=46a7f2397b92

ESG investing heating up, survey of asset managers says

Tue, 27 Jun 2023 23:29:23 GMT

"Fund managers increasingly consider more ESG issues beyond climate change and carbon emissions"

"Asset managers are ramping up ESG investments despite economic and political volatility, according to the Index Industry Association's ESG Global Asset Manager Survey released Tuesday."

Link: https://www.pionline.com/esg/esg-investing-heating-survey-asset-managers-says

University of Montreal to launch new ESG institute funded by Canadian executive, Scotiabank

Tue, 20 Jun 2023 17:21:00 GMT

"The University of Montreal is creating a new multidisciplinary research hub to study a broad range of environmental, social and governance issues"

"The institute will be funded at the outset by a foundational gift from Mr. Penner, a Canadian private-equity executive who is chairman of Partners Group (Canada) and operating partner at Swiss-based Partners Group AG. A former chair of the board of Hydro-Québec, he is also currently a director at Bank of Nova Scotia."

Link: https://www.theglobeandmail.com/business/article-university-of-montreal-to-launch-new-esg-institute-funded-by-canadian/

Introducing new ESG data and reporting capabilities in Microsoft Cloud for Sustainability

Tue, 20 Jun 2023 17:20:55 GMT

"New tools can play a critical role in helping organizations prepare for CSRD."

"With increasing market and stakeholder pressure to adhere to new ESG reporting rules and best practices, as well as growing demand for generative AI-based experiences, organizations around the world are exploring ways to apply and analyze data in new ways. The ability to predict risk and measure and manage sustainability issues across the entire operation and value chain hinges on the ability to stitch together a complex set of disconnected data sources and services and conduct a deep analysis of sustainability, operational, and financial data."

Link: https://www.microsoft.com/en-us/industry/blog/sustainability/2023/06/15/introducing-new-esg-data-and-reporting-capabilities-in-microsoft-cloud-for-sustainability/

An expert view on the future of ESG – plus 2 fund case studies

Tue, 20 Jun 2023 17:08:35 GMT

"We share an expert’s view on what ESG is, what the future holds, and look at two fund case studies that consider ESG factors."

"We recently caught up with Alex Edmans to get his views on the importance of ESG. Alex is a Professor of Finance at London Business School, specialising in purposeful business, sustainable investing, corporate governance, and behavioural finance."

Link: https://www.hl.co.uk/news/articles/an-expert-view-on-the-future-of-esg-plus-2-fund-case-studies

JPMorgan launches sustainable data solutions to simplify ESG investments

Tue, 13 Jun 2023 21:25:24 GMT

"JPMorgan Chase & Co's (JPM.N) Securities Services division is launching a sustainable investment data solutions initiative for institutional investors in a bid to make investments in ESG easier."

"More than $30 trillion in capital has been committed to ESG investments as the world looks to curb greenhouse gas emissions and companies face pressure on issues such as workplace diversity and social justice."

Link: https://www.reuters.com/sustainability/embargo-jpmorgan-launches-sustainable-data-solutions-simplify-esg-investments-2023-06-13/

Sustainable Finance: Commission takes further steps to boost investment for a sustainable future

Tue, 13 Jun 2023 20:45:30 GMT

"The Commission has today put forward a new package of measures to build on and strengthen the foundations of the EU sustainable finance framework."

"The package aims to ensure that the sustainable finance framework works for companies that want to invest in their transition to sustainability. It aims also to make the sustainable finance framework easier to use, thereby continuing to contribute effectively to the European Green Deal objectives."

Link: https://ec.europa.eu/commission/presscorner/detail/en/ip_23_3192

EU proposes to regulate ESG ratings providers

Tue, 13 Jun 2023 20:39:06 GMT

"The European Commission announced its plan for ratings providers as part of a package of new measures unveiled on Tuesday designed to encourage more ethical investment."

"Investors are increasingly buying stocks and bonds according to how companies rank on various ESG metrics, and the ratings industry is growing fast as demand for investment products packaged and marketed as meeting ESG criteria balloons."

Link: https://www.marketscreener.com/news/latest/EU-proposes-to-regulate-ESG-ratings-providers--44101893/

Wildfire Smoke Sparks Interest in BlackRock’s ESG Fund

Fri, 09 Jun 2023 03:58:21 GMT

"Smoke from Canadian wildfires draped the world’s financial center in a dangerous haze this week, and may have sparked a significant move into the largest environmentally focused exchange-traded fund."

"The winds that blew the wildfire smoke over Manhattan and much of the East Coast may have revived the debate over using investments as a tool to fight climate change."

Link: https://www.etf.com/sections/features/wildfire-smoke-sparks-interest-blackrocks-esg-fund

Annaly Capital Management, Inc. Publishes Fourth ESG Report

Fri, 09 Jun 2023 03:54:05 GMT

"Annaly Capital Management, Inc. announced today the publication of its fourth ESG report for the year 2022"

"We are proud of the progress we continue to make on our ESG initiatives and believe that thoughtful integration of ESG priorities into our overall strategy has been both critical to our success and differentiating relative to our peers." - David Finkelstein

Link: https://finance.yahoo.com/news/annaly-capital-management-inc-publishes-121500382.html

Staying ahead of the ESG curve

Sun, 04 Jun 2023 19:35:29 GMT

"Transformation from the inside out"

"While the renewed focus on climate change is starting to shift mindsets when it comes to commissioning, designing and constructing, working practices within AEC organisations often lag behind. Legacy IT solutions have plagued the industry for years, hampering operational efficiency. It’s less well recognised that outdated IT infrastructure is also a massive generator of CO2. Enterprise technology accounts for about 1% of worldwide GHG emissions – that’s equal to the total amount generated by the UK and equivalent to half of all emissions from aviation or shipping globally."

Link: https://aecmag.com/workstations/staying-ahead-of-the-esg-curve/

Spotlight on ESG in Europe

Sun, 04 Jun 2023 19:27:07 GMT

"The need to mitigate climate change is being acknowledged on a global level by the world’s industry and commerce."

"Well thought-out, successful ESG strategies look at the overall impact the built environment is having or is likely to have. But also, which climate related risks may affect the building or structure. We analyse this constant interaction."

Link: https://www.burohappold.com/articles/spotlight-on-esg-in-europe/

94% of CFOs, Executives Feel Pressure to Prioritize ESG

Sun, 04 Jun 2023 19:21:22 GMT

"ESG Research and Preparation"

"Leaders who wish to keep sales and potential customers’ thoughts on the brand both high and sustainable should consider their ESG approach with their customers at the forefront. Knowing the organization’s target audience and customer base is extremely important."

Link: https://www.cfo.com/strategy/sustainability/esg/2023/05/94-of-cfos-executives-feel-pressure-to-prioritize-esg/

Why nature-based investments could be ESG’s crowning glory

Thu, 01 Jun 2023 20:32:12 GMT

"Nature-based investments could prove to be the ultimate realization of these twin goals of ESG investing."

"Historically, the argument for nature-based investments has often hinged on the fundamental notion of "doing the right thing." This justification still holds: By channeling funds towards the safeguarding of ecosystems, we are protecting our planet and its inhabitants — ourselves included."

Link: https://www.greenbiz.com/article/why-nature-based-investments-could-be-esgs-crowning-glory

Liquidity Services Releases Annual ESG Report

Thu, 01 Jun 2023 20:27:59 GMT

"Liquidity Services, a leading global commerce company powering the circular economy, today announced the publication of its 2023 Environmental, Social, and Governance (ESG) Report."

"Liquidity Services was recently named the 2023 Innovation Solutions Partner Award Winner by the Reverse Logistics Association, being recognized as an organization that is “setting the standard for excellence in reverse logistics” through its vision, innovation, focus, and efficiency."

Link: https://finance.yahoo.com/news/liquidity-services-releases-annual-esg-123000224.html

Interest in Corporate ESG Progress Is Growing, but Can Businesses Meet Increasing Consumer Expectations?

Tue, 30 May 2023 03:55:49 GMT

"Our Consumer Insights & Sustainability Benchmark reveals what issues consumers care about and how businesses can tailor their communications to different segments of consumers."

"According to recent research by 3BL and TriplePundit in partnership with Glow, two-thirds of U.S. adults actively seek and follow sustainability issues. This leaves room for businesses to fill in the gaps currently seen between consumer expectations and corporate ESG communication."

Link: https://www.csrwire.com/press_releases/774931-interest-corporate-esg-progress-growing-can-businesses-meet-increasing

How Nigerian company boards can get involved in ESG – KPMG

Tue, 30 May 2023 03:49:37 GMT

"Risk and strategy discussions must include climate risks"

"KPMG Nigeria has advised company boards to get involved in Environmental Social and Governance (ESG) issues.

The company stated this in its May 2023 ESG Oversight report . According to KPMG, a company’s position on climate change, Diversity Equality and Inclusion (DEI) issues, and other Environmental, Social and Governance (ESG) risks are important."

Link: https://nairametrics.com/2023/05/27/how-nigerian-company-boards-can-get-involved-in-esg-kpmg/

How Does AI Fit in Companies’ ESG Frameworks? A Look at “Ethical” AI

Tue, 30 May 2023 03:46:18 GMT

"Grappling with ethical uncertainties"

"Ultimately, laws and regulations will need to provide substantive benchmarks for organizations to aim for. But the structures and processes of responsible decision-making and an ESG-minded approach to AI are a place to start and should, over time, help to build the knowledge needed to craft protective and workable substantive legal standards."

Link: https://www.thefashionlaw.com/how-does-ai-fit-in-companies-esg-framework-a-look-at-ethical-ai/

Human rights group seeks tea suppliers ESG transparency

Thu, 25 May 2023 01:57:56 GMT

"Human rights organisation BHRRC launches Tea Transparency Tracker to shine a light on ESG compliance in international tea industry"

"The BHRRC approached 65 companies, asking for disclosure on their tea supply chain, as well as information about their human rights policies and standards."

Link: https://supplychaindigital.com/sustainability/human-rights-group-seeks-tea-suppliers-esg-transparency

ISRI creates ESG guide for smaller recyclers

Thu, 25 May 2023 01:46:56 GMT

"The toolkit will help ISRI members develop strategies for reaching their ESG goals."

"The toolkit is not designed with any commodity in mind, but rather for companies that do not yet have an ESG plan. It will help put things the companies already do – such as ensure community engagement and worker safety – into the ESG framework."

Link: https://resource-recycling.com/recycling/2023/05/22/isri-creates-esg-guide-for-smaller-recyclers/

Future-Ready Your Business: The Case for ESG & Climate in 2023 and Beyond

Thu, 25 May 2023 01:24:17 GMT

"Join us for a webinar to gain insights on current ESG and climate trends, and for guidance on ways to overcome key challenges in the market."

"ESG and sustainability initiatives have been part of strategic business conversations for over a decade, but the last few years have seen a rapid increase in importance and attention. As sustainability weaves its way into the work across many different functions, most organizations still have relatively small dedicated teams. In response to growing external pressures, organizations will need to take deliberate steps towards establishing more mature ESG strategies and processes."

Link: https://www.csrwire.com/press_releases/775071-future-ready-your-business-case-esg-climate-2023-and-beyond

Despite headwinds, U.S. ESG funds had a decent 2022, ISS finds

Sun, 21 May 2023 21:24:10 GMT

"U.S. ESG funds weathered both financial market and political storms last year, according to a report issued Thursday by ISS Market Intelligence."

"The State of the ESG Fund Market report from he fund intelligence arm of investment advisor Institutional Shareholder Services shows that $3 billion in net flows for ESG funds ended 2022 on the positive side, as most other product types saw heavy outflows."

Link: https://www.pionline.com/esg/us-esg-funds-had-decent-2022-iss-market-intelligence-finds

Cloud’s Increasing Role in Supporting ESG Reporting

Sun, 21 May 2023 21:05:20 GMT

"ESG reporting frameworks emerge"

"Shareholders and investment funds are pushing companies to adopt programs or policies that are keyed to various environmental, social, and governance (ESG) goals. And regulators around the world are constantly crafting new ESG disclosure requirements. That’s driven ESG reporting to new levels of importance in businesses today."

Link: https://www.rtinsights.com/clouds-increasing-role-in-supporting-esg-reporting/

'ESG' in US finance job titles comes with 20% pay premium

Sun, 21 May 2023 20:49:17 GMT

"April average pay: $110,348 vs non-ESG staff's $90,283"

"U.S.-based bankers and money managers whose job titles include "ESG" or "sustainability" earn on average around 20% higher base salaries than colleagues of the same seniority without those labels."

Link: https://www.reuters.com/sustainability/esg-us-finance-job-titles-comes-with-20-pay-premium-2023-05-19/

Worried about the economy? Don’t pause your ESG or impact initiatives

Thu, 18 May 2023 18:21:35 GMT

"The Current Pushback Is Misguided."

"ESG and impact are not partisan issues. They are long-term business objectives that are being driven by a broad range of stakeholders. And in an already difficult economy for businesses large and small, why risk losing more investors, customers, or employees?"

Link: https://www.fastcompany.com/90896239/worried-about-the-economy-dont-pause-your-esg-or-impact-initiatives

Wemade joins the UN Global Compact, affirming ESG commitment

Thu, 18 May 2023 18:16:09 GMT

"A renowned industry leader in game development with over 20 years of experience, Korea-based Wemade is leading a once-in-a-generation shift as the gaming industry pivots to blockchain technology."

"Wemade is driving ESG policies and practices focused on three core goals; environmental responsibility, inclusive growth for future generations, and transparent governance. As an UN Global Compact corporate participant, Wemade will further align its management decisions and business strategies with the Ten Principles of the UN Global Compact and strive to strengthen ESG practices."

Link: https://www.prnewswire.com/news-releases/wemade-joins-the-un-global-compact-affirming-esg-commitment-301828232.html

ISRI develops ESG guide for recycling companies

Thu, 18 May 2023 18:11:38 GMT

"The toolkit will help ISRI members develop strategies for reaching their ESG goals."

"The Institute of Scrap Recycling Industries (ISRI) is working on an environmental, social and governance (ESG) toolkit for its members. Natalie Messer Betts, assistant vice president of sustainability at ISRI, said the kit should be ready to roll out around the end of the year."

Link: https://resource-recycling.com/e-scrap/2023/05/17/isri-develops-esg-guide-for-recycling-companies/

Why your ESG report isn't enough

Sun, 14 May 2023 20:36:38 GMT

"We live in the era of the ESG report, but companies must go beyond it to effectively tell their sustainability stories."

"An ESG report is not the end-all-be-all of sustainability communication; it’s a starting point. Think of the report as your single source of truth toward which all of your sustainability communications points."

Link: https://www.greenbiz.com/article/why-your-esg-report-isnt-enough

Dell Advances Sustainable ESG Strategies

Sun, 14 May 2023 20:27:26 GMT

"Dell focuses on strategies to effectively achieve its environmental, social and governance goals."

"Why are ESG programs so important to Dell? At the beginning of Garber’s presentation, she noted that, 'Sometimes the term is used with sustainability, even interchangeably. Sometimes corporate citizenship comes up. Importantly ESG is not a ‘nice to have.’ It is essential to Dell’s business and to society right now'."

Link: https://www.eweek.com/it-management/dell-advances-sustainable-esg-strategies/

ESG compliance insights for registered investment companies

Wed, 10 May 2023 19:00:22 GMT

"ESG disclosure best practices"

"The Division has encouraged market participants promoting ESG investing to clients, prospective clients, investors and prospective investors to evaluate whether their disclosures, marketing claims and other public statements related to ESG investing are accurate and consistent with internal firm practices."

Link: https://www.grantthornton.com/insights/articles/asset-management/2023/esg-compliance-insights-for-registered-investment-companies

AEC firms urged to prioritise talent, tech and ESG investments

Wed, 10 May 2023 18:31:24 GMT

"ESG uplift limited by lack of M&A targets"

"Presenting on ESG impact, Andreas Georgoulias, EFCG’s director of sustainability and ESG, noted that there has been a median 10% increase in revenue generated from sustainability and ESG in 2023. According to EFCG’s proprietary data, companies are increasingly hiring sustainability leads, with 65% of firms having or planning to have a dedicated sustainability lead compared to 53% in 2022."

Link: https://environment-analyst.com/global/109378/aec-firms-urged-to-prioritise-talent-tech-and-esg-investments

How an ERP system can help strengthen ESG reporting and build trust with stakeholders

Mon, 08 May 2023 19:50:24 GMT

"Building trust with stakeholders"

"In recent years, environmental, social and governance (ESG) reporting has become increasingly important for businesses. ESG reporting is the disclosure of data covering business operations related to the ESG aspects of a business. This type of reporting can be a key driver of corporate strategy and for attracting investors, customers and talent. Yet determining what ESG information and indicators to report continues to be a challenge for many organizations."

Link: https://www.bizjournals.com/atlanta/news/2023/05/05/how-erp-system-help-strenthen-esg-reporting.html

3 reasons ESG investing might become more rewarding

Mon, 08 May 2023 19:13:15 GMT

"Bigger focus on ESG issues"

"From green energy to supply chains, many companies have been paying more and more attention to ESG issues.

I think that trend is set to continue. It could mean that, a few years from now, there will be a much wider universe of companies open to ESG investors than is the case now."

Link: https://uk.sports.yahoo.com/news/3-reasons-esg-investing-might-093235439.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAACfaPWE9kncxWj1HanjpzJQnbFpJWpbi2qo6mc8LTMN3Njb_9Rfiz24zYOnqv0njA6fYjn2MPhY-2ETeMRF8W28E7xCvvd0xmwfS5sG3Cr1xJt9KOqHVCoPgE_xFEimOyJqFqAxAbY-u-BwSdYtMJ4RRKtnBKk7_auapkniUU3IH

Cority Acquires Sustainability & ESG Reporting Software Provider, Greenstone

Sat, 06 May 2023 00:59:54 GMT

"Leading global enterprise Environmental, Health, and Safety (EHS) software provider Cority , announced today the acquisition of Greenstone "

"We couldn’t be more thrilled to have the Greenstone team and its award-winning solutions come under the Cority umbrella,” said Mark Wallace CEO of Cority.

Link: https://www.waste360.com/business/cority-acquires-sustainability-esg-reporting-software-provider-greenstone

‘Bidding war’ for ESG talent breaks out among Hong Kong companies needing help on sustainability goals, headhunters say

Sat, 06 May 2023 00:50:33 GMT

"A 'bidding war' is breaking out among companies in Hong Kong over senior and mid-level managers who have environmental, social and governance (ESG) expertise."

"Last month, Hong Kong’s bourse proposed tougher requirements for listed companies about disclosures of climate and sustainability-related risks and opportunities ."

Link: https://www.scmp.com/business/banking-finance/article/3218987/bidding-war-esg-talent-breaks-out-among-hong-kong-companies-needing-help-sustainability-goals

How PepsiCo marries ESG with financial decisions

Thu, 04 May 2023 19:47:03 GMT

"PepsiCo’s allocation of green bond proceeds offers insights into how the food and beverage company considers climate goals when reviewing capital requests."

" As I reported in February 2021 , the company realized that if it hopes to realize those ambitions, environmental and social considerations needed to become part of day-to-day decisions from the beginning, not just as an afterthought."

Link: https://www.greenbiz.com/article/how-pepsico-marries-esg-financial-decisions

Going green and beyond: Why ESG is vital for industrial occupiers

Tue, 02 May 2023 20:56:18 GMT

"Crafting a sustainability strategy"

"A global beverage brand engaged JLL to develop sustainability programming for a distribution center in the U.S. A sustainability manager with expertise in LEED certification and utility incentives was appointed to spearhead the initiative."

Link: https://www.bizjournals.com/bizjournals/news/2023/05/02/why-esg-is-vital-for-industrial-occupiers.html

Travel changing the world for good: Delta releases 2022 ESG report

Tue, 02 May 2023 20:50:58 GMT

"SAFETY FIRST, ALWAYS"

“As our business soared toward recovery in 2022, we never lost sight of our goals to support the communities where we live, work and serve,” said CEO Ed Bastian.

Link: https://news.delta.com/travel-changing-world-good-delta-releases-2022-esg-report

AllianceBernstein: Unlocking the Investment Potential of “S” in ESG

Tue, 02 May 2023 20:46:12 GMT

"Why Social Data Lags"

"Social issues are perhaps the most difficult to research and least understood by investors with an environmental, social and governance (ESG) focus. But the risks and opportunities they represent are growing, and investors need a way to step up to the challenge."

Link: https://www.csrwire.com/press_releases/773321-alliancebernstein-unlocking-investment-potential-s-esg

Inside Wendy’s 'Good Done Right' ESG Strategy

Thu, 27 Apr 2023 20:05:42 GMT

"Wendy's Global Next Gen restaurant design is roughly 10 percent more energy efficient than its most efficient existing model."

"Wendy’s recently released its 2022 Corporate Responsibility report, which detailed progress against the three pillars of its Good Done Right ESG strategy: Food, People, and Footprint."

Link: https://www.qsrmagazine.com/sustainability/inside-wendys-good-done-right-esg-strategy

Report rates consultancies on their climate & ESG impact and urges further action to maintain client, employee and investor trust

Thu, 27 Apr 2023 19:47:38 GMT

"Environment Analyst developed a unique, stakeholder perception analysis and ratings system, assessing how the leading fifty E&S consultancies ('C50') are reporting and acting on the climate and ESG imperative"

"The report illuminates best practice and innovative approaches towards net zero and ESG impact in the professional & technical services sector. It provides perspectives to assist consultancies and their clients, investors, employees and other stakeholders in making sense of the broad array of claims through a custom-made system to gauge progress, both against their own goals and their peers."

Link: https://www.prnewswire.com/news-releases/report-rates-consultancies-on-their-climate--esg-impact-and-urges-further-action-to-maintain-client-employee-and-investor-trust-301808030.html

Society first. ESG investing is here to stay

Thu, 27 Apr 2023 19:28:14 GMT

"Despite the criticism, ESG investing with a long-term sustainable strategy is beneficial to society"

"The message is clear. ESG investing is here to stay, and rumours of its imminent demise are completely unfounded."

Link: https://www.thehindubusinessline.com/opinion/esg-investing-is-here-to-stay/article66786479.ece

How ESG landscape can help companies innovate and drive change

Mon, 24 Apr 2023 19:39:30 GMT

"The future of ESG in India"

"As Business Responsibility and Sustainability Reporting (BRSR) expands in terms of breadth of coverage and sectors over time, there will be increasing pressure on companies to disclose their ESG strategies and impacts more comprehensively."

Link: https://economictimes.indiatimes.com/small-biz/sme-sector/how-esg-landscape-can-help-companies-innovate-and-drive-change/articleshow/99722359.cms

Michelle Veasey: Sununu’s anti-ESG order is misguided

Mon, 24 Apr 2023 19:29:29 GMT

"Our public employees, our business community, and our planet deserve better."

"The logic of ESG is simple. Just as you would avoid buying a home with mold or lead (not only for your family’s health but also for long-term value creation), a responsible investor seeking to minimize risk and maximize returns should have the freedom to consider how a company is governed."

Link: https://www.unionleader.com/opinion/op-eds/michelle-veasey-sununu-s-anti-esg-order-is-misguided/article_a8ee19c1-9075-5be1-b8e3-ee060992dcc0.html

Morningstar takes data-driven approach to ESG investments

Mon, 24 Apr 2023 19:23:39 GMT

"Improved analytics are helping investors unlock the environmental and social impacts of a wide range of companies and funds"

"When a rise in environmental, social and governance (ESG) risks began to influence investment decisions, Morningstar was ready. In 2020, the company bought Sustainalytics and its suite of research and data analytics solutions, giving investors a powerful new tool to evaluate ESG performance."

Link: https://www.wealthprofessional.ca/news/industry-news/morningstar-takes-data-driven-approach-to-esg-investments/375312

Halo Microelectronics Strengthens Commitment to Environmental, Social and Governance (ESG) Goals

Mon, 24 Apr 2023 19:17:45 GMT

"During the past ten years, Halo Microelectronics has grown to become a prominent player in the analog chip sector, driven by innovation and aspiration derived from Silicon Valley."

"Halo Microelectronics achieved a successful listing on the Shanghai Stock Exchange Science and Technology Innovation Board in 2022, coinciding with the company's 10th anniversary, and its goal of improving lives through greener energies and sustainable growth," said David Nam, CEO of Halo Microelectronics.

Link: https://www.prnewswire.com/news-releases/halo-microelectronics-strengthens-commitment-to-environmental-social-and-governance-esg-goals-301804543.html

Unlocking the Investment Potential of “S” in ESG

Mon, 24 Apr 2023 18:47:18 GMT

"Why Social Data Lags"

Link: https://www.alliancebernstein.com/corporate/en/insights/investment-insights/unlocking-the-investment-potential-of-s-in-esg.html

The link between business value creation and ESG

Sat, 22 Apr 2023 01:46:54 GMT

"Strong ESG performance is a sign of a strong business. That’s the conclusion from Bain and EcoVadis’s assessment of how ESG activities."

"New research published this week by management consultant Bain & Company and sustainability ratings firm EcoVadis provides a refreshing take on the relationship between value creation and ESG, particularly in private markets."

Link: https://www.greenbiz.com/article/link-between-business-value-creation-and-esg

What Is Happening With ESG?

Sat, 15 Apr 2023 16:39:53 GMT

"ESG — which stands for Environmental, Social, and Governance — has become increasingly important as businesses recognize their responsibility to prioritize environmental and social investments."

Listen for insights on:

Why the ESG controversy is happening now
How the industry can shift the conversation away from politics and to better business
How businesses can hold themselves accountable with no single, accepted standard for ESG reporting
Why Boards are critical to advance ESG

Link: https://www.csrwire.com/press_releases/771351-what-happening-esg

CNBC’s full interview with BlackRock’s Larry Fink

Sat, 15 Apr 2023 16:33:06 GMT

"Larry Fink, BlackRock chairman and CEO, joins ‘Squawk on the Street’ to discuss money leaving the banking system in to the capital markets, changing payments with digitizing currency, and interest rates remaining higher for longer"

Link: https://www.cnbc.com/video/2023/04/14/watch-cnbcs-full-interview-with-blackrocks-larry-fink-on-earnings-esg-investing-and-recession-risks.html

ESG becomes a key factor for financial service providers and insurance companies

Sat, 15 Apr 2023 16:27:58 GMT

Green asset ratio increasingly in the focus for financial service providers

"In the finance and insurance industry, ESG and the associated disclosure and reporting implementations are still in their infancy in many cases. Whilst the high and increasing requirements are mostly already known, the development is progressing rapidly, and knowledge and know-how are also continuously increasing."

Link: https://www.wolterskluwer.com/en/expert-insights/esg-as-a-key-factor-ifb-blogarticle

Opinion: Why Gov. Cox should consider the case for ESG

Fri, 24 Mar 2023 19:39:11 GMT

"Gov. Cox cares about the Great Salt Lake and bettering Utah’s environment. ESG factors can help those goals"

"The preponderance of the evidence leans heavily in favor of the notion that responsible ESG activity by corporations leads to positive financial outcomes, which in turn, leads to better investment returns for shareholders."

Link: https://www.deseret.com/opinion/2023/3/22/23648750/esg-investing-positives-spencer-cox-utah

ESG finds a home in the insurance industry

Fri, 24 Mar 2023 19:03:38 GMT

"Industry would be wise to pay attention to ‘environmental patterns’"

"Insurers identify and price risks, of which the most significant are the effects of climate change. 'There is not an industry more directly affected when you think of the cost of fires and floods and droughts than the insurance industry,' writes Steven Rothstein of Ceres, a nonprofit advocacy group."

Link: https://www.nhbr.com/esg-finds-a-home-in-the-insurance-industry/

ESG Supporters Demand Right to Invest How They Want

Fri, 24 Mar 2023 18:50:58 GMT

"A coalition of more than 250 investors and businesses are calling on policy makers to protect their freedom to invest responsibly."

“Building profitable businesses and portfolios demands an analysis of all major financial risks— from inflation to climate change—and policies to limit that simply defy responsible investing and business practices,” wrote the group in a joint statement released Thursday.

Link: https://www.barrons.com/articles/esg-backlash-investing-climate-change-7061584e

ESG Should Be Supported By IT

Fri, 24 Mar 2023 18:38:30 GMT

"Technology Industry Delivers Solutions"

"Europe is taking another step toward transparency and corporate sustainability. The Corporate Sustainability Reporting Directive (CSRD) has, as of 2026, made ESG reporting mandatory for all companies listed on European exchanges."

Link: https://www.forbes.com/sites/forbestechcouncil/2023/03/24/esg-should-be-supported-by-it/?sh=2d81571d4966

LTC Publishes Inaugural Environmental, Social and Governance (ESG) Report

Thu, 16 Mar 2023 18:45:50 GMT

"-- 2022 Report Highlights LTC’s Key Achievements, Policies and Performance --"

"In its 2022 ESG report, LTC renewed its commitment to building long-term, sustainable value for its stakeholders, and making a meaningful, positive impact on its community. Over the past year, in addition to adopting new policies and procedures for the Company itself, LTC initiated programs to assist the operators of its properties in identifying and implementing sustainable business solutions that positively benefit the environment and society, as well as their financial sustainability."

Link: https://www.businesswire.com/news/home/20230316005597/en/LTC-Publishes-Inaugural-Environmental-Social-and-Governance-ESG-Report

How ESG is already shaping global food regulatory policy

Mon, 13 Mar 2023 18:45:11 GMT

"How ESG is already spilling over into F&B"

"The financial services industry has responded enthusiastically. Based on the 2022 numbers from the Task Force on Climate-related Financial Disclosures , more than “60% of asset managers and over 75% of asset owners surveyed indicated they currently report climate-related information to their clients and beneficiaries, respectively."

Link: https://www.fooddive.com/spons/how-esg-is-already-shaping-global-food-regulatory-policy/644180/

What ESG Issues Do Consumers Really Care About?

Thu, 09 Mar 2023 17:22:52 GMT

"Measuring consumer ESG priorities across industries, brands and more"

" Research has more than made the case for linking environmental, social and governance (ESG) strategies to corporate profitability. What’s good for people and the planet does, indeed, benefit a company’s bottom line."

Link: https://www.triplepundit.com/story/2023/esg-consumers-care/768091

Global Developments in ESG Disclosures May Have a Significant Impact on U.S. Companies

Thu, 09 Mar 2023 17:08:26 GMT

"Kroll provides an overview of regulatory initiatives with a significant potential impact on the data that U.S. companies need to collect and disclose on ESG."

"Climate, and more broadly, environmental, social and governance (ESG)-related issues are increasingly prominent considerations for investors and regulators. Various studies have tried to quantify the magnitude of capital investments made in ESG and sustainability-related themes. For perspective, the proportion of sustainable investing assets relative to total assets under management (AUM) increased from 27.9% in 2016 to 35.9% in 2020, according to a study from the Global Sustainable Investment Alliance.1"

Link: https://www.kroll.com/en/insights/publications/valuation/valuation-insights-first-quarter-2023/global-developments-in-esg-disclosures

More Companies Relying on Esg Strategies

Thu, 09 Mar 2023 16:20:27 GMT

"Afocus on environmental, social and governance (ESG) principles is likely to grow in 2023 and the years to come, according to a new report from Seyfarth ."

"We are seeing the general counsel's office and legal departments play a more active role in ESG initiatives and strategies. This is important, as legal risks related to ESG continue to develop and evolve," said Elizabeth Cassady, an attorney with Steptoe & Johnson in Washington, D.C.

Link: https://www.shrm.org/resourcesandtools/legal-and-compliance/employment-law/pages/esg-strategies-seyfarth-.aspx

How CFOs are handling the push for more ESG reporting

Wed, 01 Mar 2023 19:50:59 GMT

"Responding to reporting challenges"

"Investors, regulators, and other stakeholders are urging companies to step up their environmental, social, and governance (ESG) disclosures. The increased emphasis on ESG reporting has potentially far-reaching consequences that include transforming the role of the CFO"

Link: https://www.fm-magazine.com/news/2023/feb/how-cfos-handling-push-more-esg-reporting.html

ESG Performance drives Corporate Performance

Wed, 01 Mar 2023 19:41:10 GMT

The longer-term opportunity: ESG as a key driver of corporate performance

"While ESG data collection and reporting is the first step of a company’s ESG journey, it does not by itself lead to financial improvement. According to McKinsey , studies show that strong ESG performance is positively correlated with higher equity returns and reduction in downside risk."

Link: https://www.wolterskluwer.com/en/expert-insights/the-importance-of-esg-as-a-key-drive-of-corporate-performance

SEC Exams to Include ESG Focus in 2023

Wed, 22 Feb 2023 01:34:42 GMT

"On February 7, the Division of Examinations of the U.S. Securities and Exchange Commission (SEC) announced the publication of its 2023 examination priorities , which include a focus on ESG-related advisory services and fund offerings."

"In its press release, the SEC stated that “the Division will continue its focus on ESG-related advisory services and fund offerings, including whether funds are operating in the manner set forth in their disclosures."

Link: https://www.lexology.com/library/detail.aspx?g=93e34ab5-c745-411a-a70f-718a9a7ceecc

Philips continues to demonstrate strong commitment to its ESG ambitions

Wed, 22 Feb 2023 01:26:31 GMT

“We continue to move closer to our aim of improving 2 billion lives per year by 2025, while stepping up our sustainability efforts in our operations and value chain,”

"A global leader in health technology, has made strong progress towards realizing its key Environmental, Social, and Governance (ESG) ambitions. In 2022, Philips reached 1.81 billion people with its products and services, while further reducing operational emissions, and indirect (scope 3) emissions across the end-to-end healthcare value chain, together with its suppliers"

Link: https://www.philips.com/a-w/about/news/archive/standard/news/press/2023/20230221-philips-continues-to-demonstrate-strong-commitment-to-its-esg-ambitions.html

Indiana PRS would lose $6.7 billion over 10 years if ESG funds banned – report

Thu, 16 Feb 2023 05:18:56 GMT

"The House bill would require INPRS to divest from money managers or funds in which the retirement system invests that incorporate environmental, social and governance factors, but also from money managers that "pursue or market ESG investments for other clients,"

"Indiana Public Retirement System, Indianapolis, will be prohibited from investing with money managers that utilize non-financial ESG factors in their funds if a bill passed Feb. 2 by a committee of the Indiana House of Representatives becomes law. However, a report estimated that such a law would result in billions of dollars in lost investment returns."

Link: https://www.pionline.com/esg/under-esg-ban-indiana-prs-could-lose-67-billion-over-10-years

Timeline: how ESG became a supply chain strategic priority

Thu, 09 Feb 2023 20:32:21 GMT

"A timeline of how Environmental, Social & Governance went from being 'nice to have' to mission critical, with ESG now a strategic priority for many"

"Not so long ago, ESG was a ‘nice to have’ in supply chain’. No longer. Now consumers demand end-to-end ESG-compliance across an organisation. Here is how investment in ESG initiatives evolved."

Link: https://supplychaindigital.com/sustainability/timeline-how-esg-became-a-supply-chain-strategic-priority

What ESG Packaging Might Say About ESG Investing

Thu, 09 Feb 2023 20:21:19 GMT

"When it comes to consumer packaged goods, data confirm that shoppers are drawn to products that tout varying forms of environmental, social, and governance (ESG) benefits. Think “fair trade” coffee and “eco-friendly” cleaning products, among others."

"A recent survey conducted by consulting firm McKinsey and NielsenIQ indicated that consumers aren’t just drawn to packaged products espousing ESG virtues, but they’re willing to pay up for those products as well. With that in mind, it’s not a stretch to say that some investors are drawn to exchange traded funds with the ESG label."

Link: https://www.etftrends.com/etf-education-channel/what-esg-packaging-might-say-about-esg-investing/

Why ESG Is Meaningful With Fixed Income ETFs

Thu, 09 Feb 2023 20:16:52 GMT

"Environmental, social, and governance (ESG) ratings are an increasingly prominent part of the investment lexicon and that theme extends to multiple asset classes, including bonds."

"ESGB is heavily allocated to the U.S. government, which is appealing from the standpoint of the fund potentially offering an upside when Treasury yields decline. Additionally, the ESG bond ETF could be useful for income investors that are looking to eschew risk. The $253.5 million ESGB is also useful because data confirm the negative consequences of adverse ESG circumstances on issuers’ credit ratings."

Link: https://www.etftrends.com/dual-impact-channel/why-esg-is-meaningful-with-fixed-income-etfs/

How to maximise opportunities (and avoid risk) in the ever-changing ESG reporting landscape

Thu, 09 Feb 2023 20:08:45 GMT

"In this blog, Ricardo’s Head of ESG, Jennifer Creek , takes a look at the key trends in the current and emerging ESG reporting landscape. Her expert lens will help you to prepare for the road ahead and avoid pitfalls."

"As corporate sustainability efforts are quickly moving from voluntary to mandatory, the scrutiny these efforts are put under also continues to grow. ESG performance is increasingly used to draw conclusions about the quality of an organisation’s management, identify their exposure to risks, and assess their ability to leverage business opportunities."

Link: https://www.ricardo.com/en/news-and-insights/insights/the-esg-reporting-landscape

Management teams unprepared for SEC’s upcoming ESG rule

Wed, 01 Feb 2023 02:59:57 GMT

"ESG disclosures still significant factor in investment decisions"

"Nearly eight in 10 management teams (78 percent) express concerns about reporting ESG-related risks and strategies because of the forthcoming SEC ruling on climate disclosures.

If approved, the new rule would require companies to disclose information about their governance of climate-related risks and how these have had, or are likely to have, a material impact on their business."

Link: https://www.irmagazine.com/case-studies/management-teams-unprepared-secs-upcoming-esg-rule

With ESG Investing, Patience Can Make a Difference

Wed, 01 Feb 2023 02:53:41 GMT

"Investors are often encouraged to take long-term views of financial markets and while securities don’t move higher in a linear fashion and there will be bumps along the way, there is something to be said for maintaining a long-term perspective."

"As the ESG answer to traditional S&P 500-tracking ETFs and index funds, EFIV is a potentially sensible long-term portfolio consideration for a broad swath of investors. A patient approach to the ETF may be rewarded over extended holding periods as more initiatives take shape at the corporate level."

Link: https://www.etftrends.com/esg-channel/with-esg-investing-patience-can-make-a-difference/

Hong Kong needs ESG talent, but what makes someone qualified?

Wed, 01 Feb 2023 02:46:20 GMT

"Companies in Hong Kong are urgently seeking employees who can help them meet their sustainability goals, but finding the right skill set is a challenge."

"Who qualifies as a sustainability professional? This is a matter that has yet to be settled. Employers in Hong Kong are seeking to hire people with experience in measuring the sustainability of a company or investment from the perspective of its environmental, social and governance (ESG) performance."

Link: https://www.scmp.com/comment/opinion/article/3208559/hong-kong-needs-esg-talent-what-makes-someone-qualified

ESG rules, opportunities on radar of European asset managers

Tue, 17 Jan 2023 20:29:00 GMT

"BNP Paribas AM has €605 billion ($647.3 billion) in assets under management and advisement."

"Sandro Pierri, Paris-based CEO of BNP Paribas Asset Management, said the introduction of the next iteration of the European Union's Sustainable Finance Disclosure Regulation early this year will be the first of more rules coming at managers, and "will undoubtedly cause an increase in focus internally as we continue to work within the new set of guidelines."

Link: https://www.pionline.com/esg/esg-rules-opportunities-radar-european-asset-managers

Driving Value Through ESG Integration

Tue, 17 Jan 2023 20:04:44 GMT

"Sustainability, climate and equity initiatives are not buzzwords or marketing trends."

"In today’s business environment, more and more companies view Environmental, Social and Governance (ESG) prioritization, integration and disclosure as a strategic imperative – and with good reason."

Link: https://www.forbes.com/sites/deloitte/2023/01/17/driving-value-through-esg-integration/?sh=b7f992f53939

Future Returns: ESG-Related Ventures Are a ‘Bright Spot’ in Private Markets

Tue, 17 Jan 2023 20:00:52 GMT

"Companies that are creating products and services related to environmental, social, and governance, or ESG policies continue to attract financing, according to a recent report from Deloitte."

"According to the research, there are now 36 expansion-stage ESG companies that have reached so-called unicorn status, with valuations of US$1 billion or more. That includes nine that got there in 2022. The aggregate valuation of all 36 companies is US$83 billion, the report said"

Link: https://www.barrons.com/articles/future-returns-esg-related-ventures-are-a-bright-spot-in-private-markets-01673981145

Aldar receives high ratings across major ESG benchmarks

Tue, 10 Jan 2023 16:42:28 GMT

"Aldar’s 2022 MSCI’s ESG Rating upgraded to ‘BBB’ to ‘BB’ in 2021."

"Aldar’s higher ESG ratings from Sustainalytics, MSCI, and the S&P Dow Jones Sustainability Index were driven by enhanced data disclosure, governance, and risk management processes as well as improved supply chain and environmental management."

Link: https://www.constructionweekonline.com/projects-tenders/aldar-receives-high-ratings-across-major-esg-benchmarks

Cleaning Contractors Can Help Meet ESG Goals

Tue, 10 Jan 2023 16:37:07 GMT

"Executives have looked for ways to implement sustainability — and now environmental, social and governance (ESG) — initiatives for decades."

"According to the survey, facility executives ranked cleaning third in importance after obvious targets like energy and water. After all, if facility managers can reduce their energy and water usage, it'll pay huge dividends. However, I am surprised cleaning placed ahead of building materials, grounds, pesticides and paints/coatings."

Link: https://www.facilitiesnet.com/facilitiesmanagement/article/Cleaning-Contractors-Can-Help-Meet-ESG-Goals--19757

Why Your ESG Strategy Needs to Apply to a Younger Generation

Tue, 10 Jan 2023 16:19:54 GMT

"How to Make Sure Your ESG Strategy Appeals to Younger People"

"Research shows Gen Z cares about ESG and is willing to invest money, with 54% of them owning ESG investments . A mere 42% of boomers and 25% of Gen Xers invest in similar funds."

Link: https://ceoworld.biz/2023/01/10/why-your-esg-strategy-needs-to-apply-to-a-younger-generation/

Expect More Companies to Capitalize on ESG in 2023

Fri, 06 Jan 2023 04:22:51 GMT

"Being able to demonstrate a mature and differentiated approach puts you ahead of the pack with respect to current requirements."

"What’s clear is that ESG remains a favored formula among many investors — both professional and retail — and that companies are increasingly making it a priority. The latter point will likely continue coming to center stage in 2023, and that could support ESG ETF adoption."

Link: https://www.etftrends.com/esg-channel/expect-more-companies-to-capitalize-on-esg-in-2023/

Allegiant Teams with Schneider Electric to Tackle ESG Goals

Tue, 03 Jan 2023 18:40:06 GMT

"The report, Allegiant’s first of its kind, has been prepared with reference to the Global Reporting Initiative (GRI) and the Sustainability Accounting Standards Board (SASB) frameworks."

" Allegiant Travel Company has released its 2021 Environmental, Social and Governance ( ESG ) Report that details the company’s efforts to reduce its climate impact and enhance the communities where employees live and work."

Link: https://www.environmentalleader.com/2023/01/allegiant-teams-with-schneider-electric-to-tackle-esg-goals/

How Businesses Can Win at ESG by Empowering Suppliers

Tue, 03 Jan 2023 18:18:39 GMT

"Good supplier data is a function of good supplier engagement. And importantly, the reverse is also true."

"Today, environmental and social governance (ESG) questions have become mainstays on the corporate agenda."

Link: https://www.sdcexec.com/sustainability/carbon-footprint/article/22617793/hicx-solutions-ltd-how-businesses-can-win-at-esg-by-empowering-suppliers

Here's why we must not lose sight of the importance of ESG, despite the recent backlash

Tue, 03 Jan 2023 17:48:03 GMT

"After years of increasing attention and capital allocated to ESG investments, which have made substantial strides forwards in terms of technical substance and implementation expertise, 2022 proved to be a point of reflection."

"From an investment perspective, incorporating ESG analysis alongside traditional financial factors adds to our holistic understanding of risk and opportunities and long-term value outcomes."

Link: https://www.weforum.org/agenda/2023/01/the-importance-of-esg-sustainable-future-davos-2023/

The Future Of ESG

Sat, 24 Dec 2022 18:55:40 GMT

"Edua Dickerson on the challenges and opportunities ESG leaders can expect in 2023."

"Ninety-two percent of Americans are more likely to trust companies that support environmental or social issues, and 86% of employees prefer to support or work for companies that care about the same issues they do."

Link: https://www.forbes.com/sites/servicenow/2022/12/22/the-future-of-esg/?sh=6f58ebe45236

Opportunities in the growing field of ESG investing

Sat, 24 Dec 2022 18:49:33 GMT

"The importance of environmental, social and governance (ESG) and sustainable investing has been growing in recent years. In 2021, 39% of investors globally were invested in ESG products—an increase from 33% in 2020."

"Our Canadian ESG survey, conducted by Directions Research, reveals that ESG is fundamentally important to investors, even those just learning what it is."

Link: https://www.franklintempleton.com/articles/blogs/opportunities-in-the-growing-field-of-esg-investing

2022: A Tumultuous Year in ESG and Sustainability

Sat, 24 Dec 2022 18:38:38 GMT

"In the realm of what is mainly called sustainability or ESG now, the pressures on business to do more and better expanded rapidly this year."

"This article takes a look at 10 key stories that dominated the year, including how a handful of elections changed the trajectory of sustainability, why ESG investing became a hot-button issue, and the rising importance of increased transparency."

Link: https://hbr.org/2022/12/2022-a-tumultuous-year-in-esg-and-sustainability

ESG Awarded Contract from $6 Billon Fortune 500 Software Company

Mon, 19 Dec 2022 22:46:30 GMT

"The program we are deploying will improve customer experience while increasing sales results for training offerings," said ESG CEO Michael Harnum.

"ESG, the leader in Customer Success as a Service® (CSaaS), announced today it has signed an agreement to deliver its Customer Success service offerings, focused on end user education, for a new client in the Data Management space."

Link: https://www.prnewswire.com/news-releases/esg-awarded-contract-from-6-billon-fortune-500-software-company-301706444.html

Here's What CRE Pros Say Really Matters With ESG Investment

Mon, 19 Dec 2022 22:34:19 GMT

"On-site renewable energy generation, smart technology among must-haves of more than 500 CRE pros."

“The real estate industry is uniquely positioned to positively impact our properties, communities and overall environment with ESG initiatives,” the preview notes.

Link: https://www.globest.com/2022/12/19/heres-what-cre-pros-say-really-matters-with-esg-investment/?slreturn=20221119171055

Climate Change Gains Importance In ESG Strategies, US SIF Says

Mon, 19 Dec 2022 22:10:18 GMT

"Climate Change Gains Importance In ESG Strategies", US SIF Says

"Assets under management for community investment institutions where ESG criteria was applied grew by 72% to $458 billion over the past two years and increased by more than 600% in the last decade,"

Link: https://www.fa-mag.com/news/climate-change-is-investors--top-esg-concern--us-sif-said-71083.html

ESG And DEI: Why They Matter For Long-Term Sustainability

Tue, 13 Dec 2022 03:42:00 GMT

"These two acronyms get a lot of attention and spark a lot of questions and controversy today: ESG and DEI."

"While some try to turn ESG issues into more fodder for the culture wars , most recognize that commitments to doing good and to advancing inclusion are commitments to organizational growth. Both are crucial for the long-term sustainability for an organization."

Link: https://www.forbes.com/sites/glennllopis/2022/12/08/esg-and-dei-why-they-matter-for-long-term-sustainability/?sh=44228f113394

As ESG investments get green light from federal regulators, the debates heat up

Tue, 13 Dec 2022 03:34:41 GMT

"The new DOL rule"

"The federal government recently gave its blessing to allow workplace retirement plan fiduciaries to weigh a company’s ESG compliant factors along with financial analysis when choosing investments."

Link: https://www.post-gazette.com/business/money/2022/12/12/esg-investments-dol-rule-401k-florida-texas-environmental/stories/202212110039

How Do You Know Which Data Is Good for ESG Investing?

Tue, 06 Dec 2022 18:15:01 GMT

"The Right Data"

"Brewing requires the best ingredients, which requires a healthy environment. We are an agribusiness. We see the far-reaching implications of climate change in our operations and sourcing regions," said Ezgi Barcenas, chief sustainability officer

Link: https://finance.yahoo.com/news/know-data-good-esg-investing-151000840.html

ESG: It’s Not Ideology, It’s Economics

Tue, 06 Dec 2022 18:00:42 GMT

"It’s “increasingly irresponsible” to ignore ESG factors."

Wharton management professor and director of the school’s ESG Initiative Witold Henisz says “good ESG risk and opportunity management is part of enterprise risk management. We don't need to recreate a new system. We don't need to start from scratch. We've learned a lot about good ERM. Just make sure ESG is part of it.”

Link: https://www.forbes.com/sites/jasonwingard/2022/12/05/esg-its-not-ideology-its-economics/?sh=25de8fb05f8b

Financial Pros Still Back ESG

Tue, 06 Dec 2022 17:52:20 GMT

"A majority of financial professionals back this methodology and see long-term relevance."

“A survey of 550 Bloomberg Terminal users found that more than 60% expect ESG to be a standard part of, or increasingly critical to, running a business."

Link: https://www.etftrends.com/esg-channel/financial-pros-still-back-esg/

Blackstone-Owned ESG Adviser Legence Acquires Lord Green Strategies

Tue, 06 Dec 2022 17:50:19 GMT

“Lord Green has grown significantly over the last couple of years"

“Combining forces with RE Tech Advisors — a well-respected company and fellow trailblazer in the ESG market — will allow our clients and employees to accelerate their positive impact on our future environment,” Lord said in a statement.

Link: https://commercialobserver.com/2022/12/blackstone-legence-lord-green-strategies/

ESG for SMEs: How Small- and Medium-Sized Businesses Can Embrace ESG for Long-Term Growth

Tue, 06 Dec 2022 17:43:48 GMT

"The business benefits keep rolling in: Prioritize ESG systems"

"Companies that rank highly on ESG indicators tend to perform strongly. For Sustana, prioritizing ESG issues has positioned the company as an attractive business partner."

Link: https://www.triplepundit.com/story/2022/esg-smes-small-business/761816

Energy and ESG: Leading in an evolving future

Wed, 30 Nov 2022 01:39:13 GMT

"Being prepared to implement the SEC’s proposed climate disclosure rules is a key focus for energy companies."

"In response to the increased demand from internal and external stakeholders, energy companies are determining how to incorporate and document environmental, social and governance (ESG) efforts in their business."

Link: https://www.grantthornton.com/insights/articles/energy/2022/energy-and-esg-leading-in-an-evolving-future

Practical moves help hotel industry embrace ESG efforts

Wed, 30 Nov 2022 01:36:55 GMT

"Today sustainability in hospitality has a more genuine purpose to make a difference"

"The conversation about the importance of sustainability has evolved and the industry’s commitment to integrate Environmental, Social and Governance risks in investment and operating decisions is on the rise."

Link: https://www.hotelmanagement.net/operate/practical-moves-help-hotel-industry-embrace-esg-efforts

RingCentral Recognised For Commitment to Addressing ESG Issues

Wed, 30 Nov 2022 01:32:37 GMT

"RingCentral received the 2022 Enlightened Growth Leadership Best Practices Award from the independent, not-for-profit Frost & Sullivan Institute."

"The award recognizes companies for “achieving sustained financial growth over a ten year period,” as well as “innovating to zero” and making a positive difference in the world by addressing environmental, social, and corporate governance (ESG) issues."

Link: https://www.martechcube.com/ringcentral-recognised-for-commitment-to-addressing-esg-issues/

With ESG Future Looking Bright, Consider IQSU

Sun, 27 Nov 2022 17:51:18 GMT

"IQSU, which turns three years old in a few weeks, has quietly been successful in the ultra-competitive world of ESG ETFs, as highlighted by its $382 million in assets under management."

"There are some inevitabilities regarding environmental, social, and governance (ESG) investing, including that debate will continue being directed at this style and that growth is likely to do the same."

Link: https://www.etftrends.com/dual-impact-channel/with-esg-future-looking-bright-consider-iqsu/

Labor Department Approves ESG Funds for 401(k) Plans

Sun, 27 Nov 2022 17:30:48 GMT

"The Labor Department’s decision could spur more adoption of ESG funds of all types across a variety of usage cases."

"In what could be a major boon for the long-term growth of environmental, social, and governance (ESG) funds, the Department of Labor announced on Tuesday that it will allow the use of ESG funds in 401(k) plans, reversing the prior administration’s opposite policy."

Link: https://www.etftrends.com/esg-channel/labor-department-approves-esg-funds-for-401k-plans/

Removing Barriers to Considering ESG Factors in Retirement Plan Investments

Sun, 27 Nov 2022 17:14:24 GMT

"Our nation’s workers deserve a secure retirement."

"In particular, careful retirement plan investors may often want to consider environmental, social and governance factors, or “ESG” factors, as they measure the potential value of a particular investment option."

Link: https://blog.dol.gov/2022/11/22/allowing-esg-factors-in-retirement-plan-investments

ESG Investing Is ‘Soaring.’ What Does It Mean?

Sun, 20 Nov 2022 17:01:44 GMT

"Are investors and the SEC just catching up to the markets? Or something more?"

"As the big UN Climate Conference known as COP27 wraps up in Egypt, a new PwC report found that Investors globally are embracing Environment, Social and Governance (ESG) investing on a massive scale – “seen soaring 84%” to $33.9 trillion by 2026 but what does that mean?"

Link: https://www.forbes.com/sites/joanmichelson2/2022/11/18/esg-investing-is-soaring-what-does-it-mean/?sh=5a6bf62451bc

Business Models Are Being Adapted For ESG Compliance

Tue, 15 Nov 2022 01:13:22 GMT

"There has been a significant shift in how companies are doing business as they strive to embed Environmental, Social and Governance (ESG)."

"Smart, progressive companies are seizing the opportunity to demonstrate their ESG compliance, determined not to be left behind."

Link: https://businessplus.ie/industry-type/sustainability/business-models-esg/

What the midterm results mean for ESG investing

Tue, 15 Nov 2022 01:06:39 GMT

“If either house changes hands, I think you will see an increase in noise about the attacks on ESG,” said Bryan McGannon

"Officials from 13 states, including California and Illinois, as well as New York City, told financial firms earlier this year that they expected them to boost ESG screening, not curtail it."

Link: https://www.eenews.net/articles/what-the-midterm-results-mean-for-esg-investing/

Nasdaq ESG Trendsetters: Etsy

Tue, 15 Nov 2022 00:58:50 GMT

"Why is ESG important to Etsy?"

"At Etsy, where our mission is to ' Keep Commerce Human ,' our economic, social and ecological impact goals are deeply integrated into all aspects of our business."

Link: https://finance.yahoo.com/news/nasdaq-esg-trendsetters-etsy-151000307.html

Startups Need an ESG Strategy

Tue, 15 Nov 2022 00:48:30 GMT

"Start with Purpose"

"ESG is different than Purpose. ESG frameworks suggest how you run your business to deliver your purpose, and strategy, and what exposure you have to certain risks. It provides an implementation framework to guide business decision-making."

Link: https://hbr.org/2022/11/startups-need-an-esg-strategy

ESG shows free markets are working

Tue, 15 Nov 2022 00:38:20 GMT

"Investors should have the tools they need to fully consider relevant factors like these when making investment decisions over the long term."

"There are valid critiques of ESG investing and we should be ready to discuss these criticisms, and find a productive resolution. But all too often, the critiques we’re currently seeing are not founded in facts."

Link: https://thehill.com/opinion/congress-blog/3731392-esg-shows-free-markets-are-working/

Culture of sustainability

Tue, 08 Nov 2022 00:48:04 GMT

"How Schneider Electric has achieved ESG success and helped other companies, too."

"Today, with sustainability fast becoming an expected part of doing business, others are catching up. More than 90% of S&P 500 companies now publish ESG reports, and pressure from customers, investors, and even regulators is spurring action."

Link: https://www.businessinsider.com/sc/why-schneider-electric-is-a-leader-in-esg

ESG Enterprise Launches New Sustainability and ESG Digital Solutions Ahead of COP27

Tue, 08 Nov 2022 00:41:44 GMT

"The move comes amid a time of major growth for Green and Sustainability assets"

"At the COP27 conference in Egypt, delegates gathering and discussing scientific research published by the U.N. climate science agency to inform their decisions about future energy plans and warming trajectories. With more emphasis on climate change, sustainability and ESG assets have been on the rise for the past couple of years. ESG Enterprise has taken note of this and is launching new set of tools to help technology providers and IT developers with API solutions in the new environment."

Link: https://www.globenewswire.com/news-release/2022/11/07/2549523/0/en/ESG-Enterprise-Launches-New-Sustainability-and-ESG-Digital-Solutions-Ahead-of-COP27.html

ESG In Asset Management: Breaking The Glass Ceiling

Tue, 08 Nov 2022 00:33:11 GMT

"Women: Driving The Rise Of ESG"

"ESG has steadily climbed to the top of the investing agenda, with women playing a pivotal role in driving its popularity. What does this mean for women within the fund management industry?"

Link: https://www.forbes.com/sites/forbesbusinesscouncil/2022/11/07/esg-in-asset-management-breaking-the-glass-ceiling/?sh=1bc7cfea6131

Why Companies Focused on ESG Perform Better

Tue, 08 Nov 2022 00:31:22 GMT

"Why climate leaders are more successful"

"Nearly 70 percent of companies surveyed saw higher than expected financial gains from their ESG (environmental, social and governance) initiatives, and companies that incorporated financial metrics, employee wellbeing and customer benefits in holistic ESG programs saw increased environmental gains as well."

Link: https://www.triplepundit.com/story/2022/companies-esg-perform-ey/759056

Understand ESG and Its Impact on Your Businesses

Tue, 08 Nov 2022 00:28:27 GMT

"In Washington, what starts out voluntary always has the potential to become regulatory."

"An ESG report defines what your company is doing and what it will commit to in the areas related to the environment, social issues and the structure of your business."

Link: https://www.convenience.org/Media/Daily/2022/Nov/7/3-ESG-Impact-on-Your-Businesses_Sustainability

‘It's early days, but India’s ESG ecosystem is growing rapidly’

Tue, 01 Nov 2022 15:21:18 GMT

"This makes India a major market for sustainability solutions and green finance, and makes it critical to the evolution of the ESG ecosystem worldwide."

"The environmental, social and governance ( ESG ) ecosystem in India is in the early stages of its evolution, with the securities regulator having made it mandatory for the top 1,000 listed companies to furnish sustainability reports from this financial year."

Link: https://www.eco-business.com/news/its-early-days-but-indias-esg-ecosystem-is-growing-rapidly/

Nokia takes ESG strategy to next level of impact

Tue, 01 Nov 2022 15:17:06 GMT

"Nokia takes ESG strategy to next level of impact"

"Sustainability is core to Nokia’s purpose of creating technology that helps the world act together. Building on years of robust sustainability programs and practices, Nokia has spent the past 12 months developing an enhanced company-wide ESG strategy to ensure that sustainability is a fundamental part of how Nokia develops technology and makes business decisions."

Link: https://www.globenewswire.com/news-release/2022/10/31/2544313/0/en/Nokia-takes-ESG-strategy-to-next-level-of-impact.html

ESG Investors Face a Choice: Do You Use a Positive or Negative Screen?

Tue, 01 Nov 2022 15:12:44 GMT

"Do you use a positive or negative screen when building an ESG portfolio?"

"Both approaches have their strengths and weaknesses—and can result in the creation of portfolios with very different characteristics."

Link: https://www.wsj.com/articles/esg-investing-companies-screening-11667226822?mod=markets_minor_pos13

Pan Global Enhances Its ESG Goals Through Acceptance to the United Nations Global Compact Initiative

Tue, 01 Nov 2022 15:08:36 GMT

"The UNGC was founded to uphold, promote, and embed the Ten Principles in business in the areas of human rights, labour, environment and anti-corruption."

"Pan Global Resources Inc. (TSXV: PGZ) (OTC Pink: PGNRF) ("Pan Global" or the "Company") is pleased to announce that it has joined the United Nations Global Compact ("UNGC"), a voluntary commitment to its Ten Principles and broader Sustainable Development Goals."

Link: https://finance.yahoo.com/news/pan-global-enhances-esg-goals-130000197.html

Do you know how others perceive your ESG?

Sun, 23 Oct 2022 18:50:59 GMT

"A report released by Accenture and the World Economic Forum found that companies that successfully embed effective ESG (environment, social, and governance) practices generate, on average, more than 20% higher profits."

"Sustainability is long past being a buzzword. It’s becoming a regulatory requirement, but what should be more important to leaders is that their approach to sustainable is solid."

Link: https://www.imd.org/ibyimd/brain-circuits/do-you-know-how-others-perceive-your-esg/

ESG to Transition to Real World Impact

Sun, 23 Oct 2022 18:47:18 GMT

"BNP Paribas Asset Management expects environmental, social and governance investing to shift to measuring the real world impact of these strategies."

“After 15 years of practice and thousands of research papers we have seen that there are many ways to integrate ESG into a portfolio and, by and large, the performance impact has been positive,”

Link: https://www.marketsmedia.com/esg-to-transition-to-real-world-impact/

Meeting Investor Demand for High Quality ESG Data

Sun, 23 Oct 2022 18:21:28 GMT

"The Future of ESG Data 2022"

"The SEC issued three rule proposals that would each help facilitate comparable ESG disclosures and focus on ensuring statements made to investors are not false or misleading."

Link: https://www.sec.gov/news/speech/lizarraga-speech-meeting-investor-demand-high-quality-esg-data

Taulia teams up with Henkel to bring ESG ratings to supply chain financing programs

Sun, 23 Oct 2022 18:11:25 GMT

"Taulia’s multi-contributor model enables businesses to tap into an ecosystem of multiple financial institutions"

" Taulia , a leading provider of working capital management solutions, and Henkel, the German adhesive and consumer products giant, announced today that they have successfully integrated sustainability standards into in the vast majority of Henkel’s supply chain financing programs."

Link: https://enterprisetalk.com/news/taulia-teams-up-with-henkel-to-bring-esg-ratings-to-supply-chain-financing-programs/

JPMorgan, Goldman face probe by 19 states over ESG investing

Sun, 23 Oct 2022 14:52:44 GMT

"Nineteen state attorneys general including from Arizona and Texas have sent civil investigative demands to the country’s six biggest banks"

"The attorneys general are seeking documents from the banks about their involvement with the United Nations’ Net-Zero Banking Alliance, according to their statements on Wednesday."

Link: https://nypost.com/2022/10/19/jpmorgan-goldman-face-probe-by-19-states-over-esg-investing/

Shareholder group wants Tesla to link Musk's pay to ESG metrics

Sat, 22 Oct 2022 23:35:08 GMT

"Retail activist shareholder platform Tulipshare called on Tesla Inc to tie its executive pay to environmental, social and governance (ESG) factors"

"The mood of investors is super-ready to support a resolution like ours," Argouges said in an interview on Tuesday. If executive pay were tied to goals like cutting emissions or worker rights, he added, "I can tell you those people will put their effort into solving the problems in the system."

Link: https://finance.yahoo.com/news/shareholder-group-wants-tesla-musks-050727724.html

PM Lee’s visit set to yield landmark Green Economy deal with Australia

Mon, 17 Oct 2022 21:47:07 GMT

“There are great interests and respect from the Australians on Singapore’s perspectives on key developments in the world"

"PRIME Minister Lee Hsien Loong arrived in Canberra on Monday (Oct 17) afternoon, after a closed-door roundtable dialogue with academics and a luncheon with senior business leaders in Sydney earlier in the day."

Link: https://www.businesstimes.com.sg/government-economy/pm-lees-visit-set-to-yield-landmark-green-economy-deal-with-australia

Green Economy Conference Will Connect Those Who Believe Urgent Action Must Be Taken to Reverse Global Warming

Mon, 17 Oct 2022 20:43:14 GMT

“It is not just on the city to achieve net zero, it’s on all of us."

"For all the “early adopters” who believe climate is in a state of emergency and we need to take urgent, collaborative action to solve challenges, the Green Economy Conference will discuss three important “gamechangers” in the fight against climate change."

Link: https://www.pasadenanow.com/main/green-economy-conference-will-connect-those-who-believe-urgent-action-must-be-taken-to-reverse-global-warming

Investing for Your Values, but Betting on Growth

Mon, 17 Oct 2022 19:35:57 GMT

"Socially conscious funds often hold lots of growth stocks, especially tech shares. That’s been painful this year, as the stock market has favored value stocks like energy and industrial companies."

"What’s the difference between growth and value stocks, and why does it matter to E.S.G investing?"

Link: https://www.nytimes.com/2022/10/14/business/mutual-funds/investing-environmental-social-governance-funds.html

ESG investing ‘can make you a better business manager,’ professor says

Thu, 13 Oct 2022 02:06:44 GMT

"Columbia Business School Professor of Professional Practice and Faculty Director Bruce M. Usher joins Yahoo Finance Live to discuss ESG investing"

"A new study by PWC found that nearly 9 in 10 institutional investors believe that asset managers should be more proactive in developing new ESG products. But fewer than half of asset managers are planning to launch new ESG funds. So what's an investor to do?"

Link: https://finance.yahoo.com/video/esg-investing-better-business-manager-160548866.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAFiIidvNZ_N0c_6vhSHvor7crPD65JJf33zY0ZAv9gQgQGF6-9aoahP7Gd5w7WPYesj-8Rhbdayvw142PohrNX0jaHLyiNnsFsHzsgpSnZoIkQsNssy7lz9nXoq5w_zFnmpxsg4mloNtcVurnuCEM4CnhWmGlaD3awel-6KjF8G4

Is ESG Financially Relevant to Investing?

Fri, 07 Oct 2022 19:58:56 GMT

"ESG ‘Material’ to Investment Process"

"ESG has become more material for asset owners in the past five years, according to 70% of the respondents. Environmental concerns win out over social and governance issues in terms of materiality, with the most significant issues being energy management and greenhouse gas emissions."

Link: https://www.morningstar.com/articles/1116387/is-esg-financially-relevant-to-investing

Atos receives an MSCI ESG rating of 'AAA'

Fri, 07 Oct 2022 19:54:36 GMT

"Atos announces that it has been awarded the highest rating available to an organization (the AAA rating) in the Morgan Stanley Capital International (MSCI) ESG rating 2022"

"MSCI’s analysts recognize Atos’ industry-leading strong management practices to address carbon emissions, including its targets to reduce its carbon emissions. These targets are aligned with latest STBi targets and aim to achieve net-zero carbon emissions by 2039 at the latest."

Link: https://www.globenewswire.com/news-release/2022/10/06/2529166/0/en/Atos-receives-an-MSCI-ESG-rating-of-AAA.html

Survey Confirms Relevance of ESG

Fri, 07 Oct 2022 19:48:48 GMT

"A new survey by Morningstar indicates that ESG is relevant to a wide assortment of professional investors."

“ESG has become more material for asset owners in the past five years, according to 70% of the respondents. Environmental concerns win out over social and governance issues in terms of materiality, with the most significant issues being energy management and greenhouse gas emissions,” wrote Morningstar analyst Leslie Norton .

Link: https://www.etftrends.com/etf-education-channel/survey-confirms-relevance-of-esg/

How ESG Funds Will Be Impacted By The SEC's Expansion Of The 80 Percent Names Rule

Fri, 07 Oct 2022 19:38:30 GMT

"Expanding the names rule"

"Junus also called on the SEC to regulate proxy advisors like Institutional Shareholder Services (ISS) in their use of ESG-related terms and how they apply them to companies."

Link: https://www.forbes.com/sites/jacobwolinsky/2022/10/06/how-esg-funds-will-be-impacted-by-the-secs-expansion-of-the-80-percent-names-rule/?sh=e94e49023f79

Nexa Announces ESG Commitments Through 2030

Fri, 07 Oct 2022 19:26:43 GMT

"Global zinc producer sets target to reduce greenhouse gas emissions and reach neutrality by 2040 and net zero by 2050"

"Our ESG strategy includes commitments across different areas, such as water usage and disposal, safety and workplace, and the reduction of CO2 equivalent emissions, in line with the Sustainable Development Goals of the United Nations,"

Link: https://finance.yahoo.com/news/nexa-announces-esg-commitments-2030-154600457.html

ESG Investing: Engaging With Companies on Human Rights and Diversity

Fri, 07 Oct 2022 17:49:17 GMT

"Companies should ensure sound human rights practices not only for their own employees, but also of those of their suppliers."

"To encourage sustainable business practices, we think investors should take an active stewardship role through engagement with companies and purposeful proxy voting. By integrating sustainable investment and stewardship, investors can manage risks and improve performance in their portfolios."

Link: https://finance.yahoo.com/news/esg-investing-engaging-companies-human-170000043.html

ESG and Cybersecurity Compliance Are Every Employee’s Concern

Tue, 04 Oct 2022 20:35:06 GMT

"Cybersecurity, with a bit more history than ESG, has steadily climbed as a corporate necessity."

“All signs point to the future of the American workforce requiring cybersecurity and ESG overlays on top of most corporate roles.”

Link: https://knowledge.wharton.upenn.edu/article/why-esg-and-cybersecurity-compliance-are-every-employees-concern/

How to get your employees to care about ESG goals

Tue, 04 Oct 2022 20:20:53 GMT

“Every single employee is a shareholder,”

“ESG is supposed to be the intersection of profit and purpose, right? So not only is it supposed to be doing good for the world, for the planet, and for society, but it’s also supposed to make you a better business,”

Link: https://fortune.com/2022/10/04/mpw-summit-preview-esg-goals/

Global Alliance on Green Economy launched during World Green Economy Summit in Dubai

Mon, 03 Oct 2022 21:13:18 GMT

"Prioritising a green economy in the context of climate action."

“If we want to fast-track our transition to a green economy, we must all work together, and to do so, we need one platform with one common objective."

Link: https://www.valdostadailytimes.com/ap/business/global-alliance-on-green-economy-launched-during-world-green-economy-summit-in-dubai/article_67177b80-fd83-5de6-9345-eb08e6f5e400.html

American Eagle Outfitters Moves The Needle On Sustainability And More With First ESG Report

Mon, 03 Oct 2022 20:43:22 GMT

American Eagle Outfitters Inc. has unveiled its inaugural environment, social and governance report, dubbed “Building a Better World 2021,”.

"The Real Good label, which has sustainability in mind for all facets of design and production, encompasses 95 percent of jeans and more than half of American Eagle and Aerie styles."

Link: https://www.forbes.com/sites/sharonedelson/2022/10/03/american-eagle-outfitters-moves-the-needle-on-sustainability-and-more-with-first-esg-report/?sh=491527d4478d

Ripe for a green economy

Sun, 02 Oct 2022 19:02:16 GMT

"In our climate-risked times, this is where the real opportunity is."

"Forests are home, say women of Kodalpali, Sinduria and neighbouring villages in Odisha’s Nayagarh; they can build the economy of the future"

Link: https://www.downtoearth.org.in/blog/forests/ripe-for-a-green-economy-85128

4 ways ESG disclosures are transforming how successful companies operate

Thu, 29 Sep 2022 20:11:17 GMT

"How successful companies use ESG disclosures"

"It is critical that companies report consistently and transparently on environmental and social risks. The World Economic Forum’s Stakeholder Capitalism Metrics Case Studies series highlights major companies where reporting on ESG — and the Forum’s flagship Stakeholder Capitalism Metrics — is making a tangible difference. Here’s how."

Link: https://www.weforum.org/agenda/2022/09/4-ways-esg-disclosures-transform-companies-operate/

Why investing in sustainable business is good for business

Thu, 29 Sep 2022 20:02:51 GMT

"The business case for decarbonising our business"

"We believe in a business model that can serve shareholders and stakeholders simultaneously. That can be a growth engine providing economic opportunity and climate justice. As a global company, it is impossible for us to do our fiduciary duty without considering climate change, destruction of nature and social inequality."

Link: https://www.unilever.com/news/news-search/2022/why-investing-in-sustainable-business-is-good-for-business/

I survived the worst ESG backlash since the term was invented. Today’s ESG critics are running out of ammunition

Thu, 29 Sep 2022 19:49:00 GMT

"These days, we need only read the latest Wall Street analysis to sense the potential black swans on the horizon."

"ESG is ultimately about building resilience for people, our shared planet, and business. It’s about measuring things that matter–about equipping companies with the knowledge and agency to survive and thrive in a changing, uncertain world. It’s about equipping investors with the robust data they need to build truly sustainable portfolios."

Link: https://fortune.com/2022/09/13/backlash-esg-critics-environment-leadership-halla-tomasdottir/

How can national oil companies overcome the challenges of ESG reporting?

Thu, 29 Sep 2022 19:39:33 GMT

"ESG momentum and what it means to national oil companies"

"Drawn from existing standards and disclosures, our Stakeholder Capitalism Metrics (SCM) have identified a core set of 21 priority sustainability topics and related ESG metrics. The metrics are organised under four pillars: principles of governance, planet, people and prosperity."

Link: https://www.weforum.org/agenda/2022/09/how-national-oil-companies-overcome-challenge-esg-reporting/

We Need to Create a Shared Language Around ESG

Thu, 29 Sep 2022 02:24:10 GMT

"ESG for assurance"

"ESG for assurance is all about adjusting for financial risk. From this perspective, ESG is a means to make better financial decisions — rather than a way to drive sustainable business transformation."

Link: https://www.triplepundit.com/story/2022/shared-language-esg/755661

Crafting the ‘G’ in ESG: Accountability in the Boardroom

Tue, 20 Sep 2022 20:36:19 GMT

"What Gets Measured Gets Managed"

"Gathering verifiable ESG data is a helpful starting point for boards to begin considering investor demands. In a survey done by Boston Consulting Group (BCG), 90% of companies did not measure their emissions correctly , with over half estimating an error rate of 40%."

Link: https://www.nasdaq.com/articles/crafting-the-g-in-esg%3A-accountability-in-the-boardroom

Startup Due Diligence Playbook: Why Investors & Founders Need To Embed Corporate Governance

Tue, 20 Sep 2022 20:26:53 GMT

"Ditch The Blame Game"

"Instead of blaming, why don’t we look at what we’re going to do from now on? For instance, if the team is found to be incapable of transparency and possibly committing fraud, the management should be replaced."

Link: https://inc42.com/resources/startup-due-diligence-playbook-why-investors-founders-need-to-embed-corporate-governance/

How Business Leaders Can Take Action On ESG

Tue, 20 Sep 2022 20:19:45 GMT

"Moving Towards a Place of Progress"

"For years, business leaders have been under the spotlight to display tangible progress when it comes to environmental, social, and governance (ESG) initiatives."

Link: https://www.forbes.com/sites/jonchorley/2022/09/20/how-business-leaders-can-take-action-on-esg/?sh=18eb289e6d53

Social Impact ETF Steeped In Golf Supports Military Families

Tue, 20 Sep 2022 20:12:06 GMT

"It was only the beginning of a journey to create an investment product that would continually give back to a charity close to many golfers hearts."

"While FLDZ is certainly breaking new ground with at least half the revenue and all the profits go back to the Folds of Honor, the concept of a social impact ETF is not entirely new."

Link: https://www.forbes.com/sites/mikedojc/2022/09/15/social-impact-etf-steeped-in-golf-supports-military-families/?sh=746ef9c13504

Expedia launches new social impact & sustainability strategy

Tue, 20 Sep 2022 19:44:20 GMT

“Travel is transformative. It broadens horizons, strengthens connections and changes perspectives,”

" Expedia Group has launched its new global social impact and sustainability strategy to advance a travel ecosystem that is responsible, open and accessible to all."

Link: https://hotelbusiness.com/expedia-launches-new-social-impact-sustainability-strategy/

Patagonia Chair: ‘We are turning capitalism on its head by making the Earth our only shareholder’

Fri, 16 Sep 2022 00:50:21 GMT

"For 50 years there has been an impassioned debate about the appropriate aims and responsibilities of companies."

"Recently, a more concrete movement around company responsibility has gained momentum, the Benefit Corporation, which is a form of incorporation that puts people, environmental, and governance aims alongside profit inside company legal charters and requires specific goals and improvement over time."

Link: https://fortune.com/2022/09/14/patagonia-chair-we-are-turning-capitalism-on-its-head-by-making-the-earth-our-only-shareholder-charles-conn/

How the Big Four shape ESG disclosures

Fri, 16 Sep 2022 00:39:09 GMT

"The Stakeholder Capitalism Metrics (the Metrics for short) frames ESG reporting and disclosure as four Pillars."

"The world’s new standard for measuring and reporting ESG (environmental, social, and governance) is the Stakeholder Capitalism Metrics . That document was published in September 2020 under the auspices of the World Economic Forum “in collaboration with Deloitte, EY, KPMG and PwC.” And to paraphrase an old advertising slogan, when the Big Four talk, public companies listen."

Link: https://fcpablog.com/2022/09/15/how-the-big-four-shape-esg-disclosures/

Everyone talks about the E and the S, but we need to talk more about the G

Fri, 16 Sep 2022 00:36:03 GMT

"Changes in corporate governance are actually the key that can unlock greater advances in social and environmental performance."

"Governance is the key that could unlock real advances in corporate social and environmental performance. But that will require changing the fundamental structures of business."

Link: https://www.fastcompany.com/90787002/everyone-talks-about-the-e-and-the-s-but-we-need-to-talk-more-about-the-g

Invest Today for A Greener Tomorrow

Fri, 16 Sep 2022 00:27:31 GMT

"Ever wondered why the philosophy of ESG has become such a critical part of the business narrative today?"

"In 2020, the World Economic Forum (WEF), the International Business Council (IBC) and the Big Four (Deloitte, PwC, KPMG and Ernst & Young), came together to create a core set of global common metrics and disclosures on non-financial factors for investors and stakeholders."

Link: https://www.einnews.com/pr_news/591143816/invest-today-for-a-greener-tomorrow

ESG Roundtable Newsletter #1

Wed, 14 Sep 2022 22:57:31 GMT

A Note From Lorne O Joseph, ESG.ORG Founder

I trust this finds you well. I am excited to introduce you ESG.ORG, our primary objective and area of focus is to provide unprecedented opportunity to create, evolve and solve some of the hardest challenges we face as an ESG community.

ESG.ORG was founded in 2018, our organization taps into the vast experience of the world’s best environmental, risk and governance professionals and companies. ESG.ORG provides practitioners an opportunity to network, receive awards and create measures for the sustainability and societal impact of their organizations.

I founded ESG.ORG after 16 years of running eGRC.COM which is a boutique Governance, Risk and Compliance consulting firm. eGRC.COM is fortunate enough to provide services in the global Fortune community, with an emphasis on large financial services institutions.

After each engagement, we found ourselves creating baselines of governance related output, information, and activities, from Process Flows to Risk Calculations, leveraging the same capabilities and activities across entities. The lexicon of knowledge is the gift from eGRC.COM to ESG.ORG along with a clear mission and mandate to support the ESG.ORG practitioner community in establishing, Rules, Norms, and Institutional Mechanisms to support our blossoming industry.

In large part, I founded ESG.ORG to provide us the practitioners with the support that we require to assist our respective companies to navigate the unchartered waters of ESG.

What is ESG.ORG

ESG.ORG’s focus is on you, the practitioners.

Our  Vision : We aim to foster growth in the ESG community. We utilize governance to help ESG practitioners define a future that is achievable and measurable. We work with board members, corporate executives, ESG professionals, governments, associations, nonprofits and global citizens to benefit from ESG.

Our  Mission : To be the leading professional association for ESG practitioners, dedicated to the advancement of the ESG profession through education, research and the promotion of best practices globally.

In addition to this newsletter, we have several other engagement opportunities available, including the ESG Roundtable Podcast, the ESG Reporter and committee opportunities to help grow ESG.ORG.

Upcoming Events
Stay tuned for upcoming events. Please join us for our inaugural ESG Roundtable Podcast. You will hear more from our founder, Lorne Joseph, on why he is passionate about ESG and why he decided to create ESG.ORG. You can find our podcasts on our website.

ESG In the News

Visit our ESG Reporter ( https://www.esg.org/blog ) to read up to date information on ESG.

Enter the last three articles from the ESG Reporter with a link (use similar format to the ESG Reporter links on the home page of the website).

Article #1 - ESG awareness is growing among corporate directors: PwC survey

Article #2 - Monroe’s Uddin: “ESG Will Be a Dominant Theme for the Next Two Decades”

Article #3 - Recent scandals underscore the importance of governance in ESG

Call To Action

A number of large, global companies and individuals have already joined ESG.ORG. We have both Individual and Corporate membership packages, please visit our website for more information ( https://www.esg.org/contact ).

If you would like to learn more about ESG.ORG, please sign-up for one of our LinkedIn groups ( ESG.ORG ) or ( ESG - Environmental, Social & Governance Professionals ) and consider being a guest on an upcoming ESG Roundtable Podcast or writing an article for a future newsletter.

Submit your request on the ESG.ORG Contact Page at ( https://www.esg.org/contact )

Until next time, keep doing great things!

How JLL approaches its ESG strategy

Mon, 12 Sep 2022 22:44:45 GMT

"In the first of a new series on the ESG Integration Awards, Corporate Secretary speaks to JLL’s chief sustainability officer Richard Batten"

"The inaugural ESG Integration Awards – celebrating the ESG work of governance and investor relations teams – were presented in July by Corporate Secretary and sister publication IR Magazine . In the first of a series of articles on the winners, we speak to Richard Batten, chief sustainability officer of JLL, which won the award for best ESG by a senior management team."

Link: https://www.corporatesecretary.com/articles/esg/33154/how-jll-approaches-its-esg-strategy

When it comes to ESG, it’s Rule Brittania

Mon, 12 Sep 2022 22:38:08 GMT

"A couple of recent surveys highlight disparities in ESG performance metrics among US companies and between US companies and the world, indicating that particularly US companies still have room to improve."

"The world is writing about the passing of Queen Elizabeth II, and indirectly so am I. What does her death have to do with ESG? I’ll answer that question in a moment, but here’s a clue: it has to do with policy and direct and indirect influence on corporate behavior."

Link: https://investorintel.com/markets/cleantech/cleantech-intel/when-it-comes-to-esg-its-rule-brittania/

Anti-anti-ESG strikes back

Mon, 12 Sep 2022 22:12:16 GMT

"The common theme: They just don't get it, and they're stupid."

"Critics call it 'woke capitalism.' There’s just one problem: They don’t seem to understand capitalism. And flogging ESG is not only a terrible economic mistake. It will be a political loser, too."

Link: https://www.politico.com/newsletters/the-long-game/2022/09/09/anti-anti-esg-strikes-back-00055754

ESG is the free market, not political fodder

Mon, 12 Sep 2022 21:42:58 GMT

"The fear of extreme weather and civic unrest has inspired investors of all sizes to buy environmental, social and governance (ESG) securities."

"The global ESG market has grown from $19 trillion in 2014 to a projected $55 trillion in 2022 due to such incredible demand."

Link: https://www.bondbuyer.com/opinion/esg-is-the-free-market-not-political-fodder

Nasdaq Receives 'AA' ESG Rating From MSCI

Mon, 12 Sep 2022 21:39:42 GMT

"Ratings upgrade from ‘BBB’ to ‘AA’ recognizes Nasdaq’s ESG commitments and disclosure enhancements"

"Nasdaq, Inc. received a significant upgrade in its latest ESG Ratings score published in the 2022 MSCI ESG Ratings , jumping from BBB to AA. This places the company the annual ratings’ “Leaders” category alongside peer organizations that show strong management of their most significant ESG risks and opportunities."

Link: https://finance.yahoo.com/news/nasdaq-receives-aa-esg-rating-143007137.html

How ESG Initiatives Can Address Significant New Headwinds

Mon, 05 Sep 2022 18:01:48 GMT

"Criticism of ESG investing principles—environmental, social and governance—is forcing corporate leadership to defend their support of stakeholder capitalism-oriented purposes."

"The federal government continues to adopt ESG oriented initiatives, including the new Office of Environmental Justice. Particular industry sectors (health care) are adjusting to broad based ESG initiatives from government, self-regulatory agencies and ratings providers. Investors still appear committed to funds that provide ESG options."

Link: https://www.forbes.com/sites/michaelperegrine/2022/08/31/esg-initiatives-face-significant-new-headwinds/?sh=75164e034d52

This Index Focuses on ESG Leadership

Mon, 05 Sep 2022 17:42:01 GMT

"While there are plenty of similarities between various equity-based environmental, social, and governance (ESG) indexes, there aren’t many, if any twins, in this universe."

"Asset allocators need to be selective when evaluating ESG benchmarks while not assuming that simply because index names are similar, investment methodologies mirror each other."

Link: https://www.etftrends.com/esg-channel/this-index-focuses-on-esg-leadership/

Opinion: How to confront the anti-ESG campaign

Mon, 05 Sep 2022 17:35:28 GMT

"We all have a stake in the outcome of this now highly politicized debate."

"Proponents of climate science and more sustainable investing need to plan and execute their counterattack."

Link: https://www.irmagazine.com/esg/opinion-how-confront-anti-esg-campaign