As institutional investors grow increasingly picky in where they put their money amid the global Environmental, Social, and Governance (ESG) push, North America's oil sector has started to look at ways to attract those investors who have been shunning fossil fuels by default.
That momentum has not slowed with the pandemic. “The crisis has intensified and reinforced the importance of ESG issues,” said George Serafeim, a Harvard Business School professor and ESG expert.
Understandably, ESG factors have historically lagged behind financial and political ones, when it comes to making business and financial decisions. Well, the landscape is starting to shift, thanks to a new generation of more ethically-minded investors, and a fintech market that is capitalising on this. ESG, or Environment, Social & Corporate Governance, is a driving force behind this new industry layout.
Across all elections in the UK, only 32% of candidates were women. Taking a closer look at the different types of elections, the London Assembly lead the way with women making up 42% of candidates. The Police and Crime Commissioner elections trail with just 22% representation of women.
The worldwide number of environmental activists killed reached a record high of 212 in 2019, over half of which occurred in Latin America, with most of the incidences not investigated nor punished.
The historically significant role of development finance institutions as sources of capital into sub-Saharan Africa has shaped the way investment into the region is positioned.
Waste is the highest virtue one can achieve in an advanced capitalist society waste puts an extra spin in the global economy. If you put an end to all the waste, the global economy would go haywire”.
This initiative will commit $10 billion in direct investment capital and $100 million in philanthropic support to address the dual disproportionate gender and racial biases that Black women have faced for generations, which have only been exacerbated by the pandemic.
Though COVID-19 pandemic has caused various obstacles for businesses, some companies saw an opportunity to rethink their models and work towards environmental, social and good governance objectives. Drawing on such examples, The ESG Foundation invites you to reflect on 6 ways you too could enhance your businesses’ ESG performance.
A global water crisis is looming, and wherever you work we must act now. California is approaching drought yet again - only four years after the state’s last drought ended in 2017.
