Categories
Business

Big business likes to trumpet ESG credentials. But a ‘greenwashing’ reckoning could be on the horizon

As the 2020s progress, discussions about climate change, the environment and issues related to equality and diversity are at the forefront of many people’s minds. The corporate world is no exception, with banks, energy producers and a host of other major businesses keen to trumpet their sustainability credentials through advertisements, pledges, social media campaigns and […]

Categories
Life Style

EXCLUSIVE Investigation into IDB chief supports allegations of relationship with staffer- sources

A man stands next to a screen with the logo of Banco Interamericano de Desarrollo (BID) at the Atlapa Convention Center in Panama City March 13, 2013. REUTERS/Carlos Jasso Register now for FREE unlimited access to Reuters.com Register MEXICO CITY/WASHINGTON, Sept 20 (Reuters) – An independent investigation found evidence that the Inter-American Development Bank’s (IDB) […]

Categories
Science

Environment Agency fund races ahead of emissions targets

As sister title MandateWire reported last year, the fund is nearly five years ahead of its goal to reach net zero by 2045.  According to the Environment Agency fund’s stewardship code report, the fund is also ahead of its target to reduce exposure to future emissions, by 95 per cent for coal and 90 per cent for […]

Categories
UK

Norway’s wealth fund tells firms to set net zero emission goals

A general view of the Norwegian central bank, where Norway’s sovereign wealth fund is situated, in Oslo, Norway, March 6, 2018. REUTERS/Gwladys Fouche/File Photo Register now for FREE unlimited access to Reuters.com Register Firms it invests in must cut emissions to net zero by 2050 Plan is in line with the Paris Agreement Follows proposal […]

Categories
Science

Environmental groups ask P&G investors to vote against CEO as board chair

The logo for Procter & Gamble Co. is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., June 27, 2018. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register NEW YORK, Sept 19 (Reuters) – Environmental groups are asking Procter & Gamble Co (PG.N) […]

Categories
Technology

Sumo Logic ESG Report Touts Sustainability Progress

Sumo Logic ESG Report Touts Sustainability Progress SDxCentral Source link

Categories
US

Considering ESG Principles In Developing A Metaverse Strategy – Corporate Governance – United States

15 September 2022 Holland & Knight To print this article, all you need is to be registered or login on Mondaq.com. The metaverse is adding a new layer to the traditional internet, rich with virtual and augmented realities. At the same time, the environmental, social and governance (ESG) movement is developing new criteria by which […]

Categories
Travel

The New Front of the Culture Wars for GOP Governors: ESG Investing

Prominent GOP governors who many suspect have their eyes on higher office have found a new villain to target for their anti-“woke” campaigns: Wall Street. In recent weeks, both Florida Gov. Ron DeSantis and Texas Gov. Greg Abbott have moved to ban, or restrict, companies that invest in funds and companies that favor environmental, social […]

Categories
Business

ESG on the edge: Controversy weighs on sustainable ETFs

Investing in ESGs has taken a controversial turn in recent weeks as some states have taken aim at the sustainable funds. This month, Florida banned its $186 billion pension fund from investing according to ESG factors. And in Texas, the state’s comptroller accused ten financial firms of boycotting energy companies. The move could force certain […]

Categories
UK

Norwegian state pension fund excludes nine companies over ESG concerns

The central bank of Norway, Norges Bank, has excluded nine companies, seven of which are tobacco or cannabis companies, from the Government Pension Fund Global. The KRW1.24tn (€989m) South Korean metals and electronic component producer Young Poong Corp and the INR 378.2bn (€4.7bn) Indian hydropower generation company NHPC have been excluded due to ‘unacceptable risk […]