et in 2020, according to Morningstar — and correspondingly controversial. Elon Musk called it “the devil incarnate.” Peter Thiel called it a “hate factory.”
Lesley BoothApril 20, 2022
Keeping
Current
Environmental, Social and Governance, or “ESG” risks are amongst the most topical and widely discussed within any organization’s risk profile currently. A significant focus has been placed by governments and regulators on climate change risk, but the scope of ESG risks faced by most organizations are much broader and more complex than that. How do these ESG risks differ from any other enterprise risks? They have several interesting facets: The perception of the risk issues may vary significantly for different stakeholdersShareholders and Non-Governmental Organizations (“NGOs”) may perceive new products in quite different waysThe nature of the risks are changing quite…
As the pressure increases on boards to demonstrating they are taking the sustainability challenges facing their organizations seriously, minds are turning to how ESG-matters (Environmental, Social, Governance) should be overseen and governance over ESG itself administered. This is particularly relevant considering the increasing focus of stakeholders on the alignment of ESG strategies with organizations’ purpose and mission. It is true to say that stakeholders are increasingly concerned regarding ‘greenwashing’ claims and are looking for authenticity in this alignment. Like with most aspects of setting an ESG strategy, context is everything. What kind of organization are we dealing with, what sector…
Lesley BoothFebruary 7, 2022
https://changetheraceratio.com/#signatories Momentum continues to build around Change the Race Ratio – a campaign aimed at increasing racial and ethnic participation in business – with a total of 100 firms now signed up since the campaign launched on 1 October 2020. Latest campaign signatories include BAE Systems, Bolton Associates, Britvic, First Group, Mace Group, Miles Advisory, Paysafe and Sage. Lord Karan Bilimoria CBE DL, CBI President, said: “We can and must vastly improve racial and ethnic diversity in business. Not only is it a vital step towards giving more people the chance to succeed and making society more inclusive; the business case is also…
Lesley BoothFebruary 7, 2022
Gender Lens investing (GLI) considers how investment capital can be used to have a positive impact on the lives of women and girls. The term was coined by Joy Anderson (Criterion Institute) and Jackie VanderBrug (US Trust, previously at Criterion) in 2009, but the concept has been influenced by many women and men across the financial sphere. GLI is coming into sharper focus as Environmental and Social Governance (ESG) reporting becomes more prominent. Suzanne Biegel, a senior advisor at the Criterion institute, explains the 4 different dimensions of gender lens investing. Investments increase access to capital for female entrepreneurs and…
Lesley BoothJanuary 31, 2022
In this insightful article Keith Breslauer, Managing Director of Patron Capital, argues that ESG reporting faces an existential threat to its own existence.
Lesley BoothJanuary 24, 2022
There is mounting pressure for organisations to actively integrate environmental, social and governance (ESG) issues into their organisation strategy. Board of Directors across nearly every industry are expected to be competent in navigating the headwinds of ESG. Yet many companies’ board and executive leaders are still unsure on how to approach ESG and manage the communications with their stakeholders.
Lesley BoothJanuary 21, 2022
The world is changing. ESG is no longer a buzzword and has become mainstream. However, the need now is to ensure that the board of directors of an organisation – the very echelon of power that steers the strategy of an organisation – is ready to face the oversight challenges of ESG.
Lesley BoothJanuary 17, 2022
ESG has moved into the mainstream with significant urgency in recent years. However, the alphabet soup of acronyms, GRI, SASB, CDSB, IIRC, TCFD to name a few, in sustainability initiatives and options puts a damper in socialising its very need. This in turn leads to confusion while intimidating and overwhelming anyone wanting to grasp the basics.
Lesley BoothJanuary 7, 2022
