Heatwaves have meanwhile enveloped Europe and the US this year, with Southern Europe hit by wildfires as temperatures pushed above 40 Celsius. The US has reported deaths from the punishing weather. Global crop yields are being hurt, while biodiversity is under siege. The cause? Scientists have determined it to be climate change.
The ESG Awards showcase the best ESG performance in line with the UN's 17 Sustainable Development Goals. Why Enter? An important part of ESG is communicating your success to your stakeholders. These awards will create a competitive and transparent forum for companies to compare and celebrate their ESG improvement and performance against their peers. The ESG Awards Timeline: Early Deadline: Friday 16th September Final Deadline: Friday 7th October Shortlist Announcement: Wednesday 26th October Virtual Awards Ceremony: Wednesday 9th November View Categories View Judges Download Entry Kit
s the clothing industry has shifted from local sourcing and manufacturing to global and very complex supply chains there has been a serious concern about human rights. During the ‘90s many European and American brands started to outsource their manufacturing to China which is a practice that nowadays is associated with cheaper production costs in developing countries.
Investors interested in environmental, social and governance (ESG) investing have a rapidly growing range of products to choose from, with the number available in the UK more than doubling over the past five years. With this expanding universe comes a growing need for advice on ESG options, with the topic coming up in roughly one in five conversations with advisers. There are many different ways to reflect ESG considerations through investment products and processes. These range from stewardship (the promotion of effective company governance through activities such as engagement and voting) and ESG integration (the inclusion of material ESG information…
The US Securities and Exchange Commission (SEC) brought a 76-page complaint in federal district court against Vale, S.A., a Brazilian mining company, alleging that Vale “ma false and misleading claims about the safety of its dams.” Significantly, Vale “regularly misled local governments, communities, and investors about the safety of the Brumadinho dam through its environmental, social, and governance (ESG) disclosures.”
et in 2020, according to Morningstar — and correspondingly controversial. Elon Musk called it “the devil incarnate.” Peter Thiel called it a “hate factory.”
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…
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…
