ESG Archives - Page 16 of 46

MondayJun 03, 2024 10:00 am

ExxonMobil Delivers Exceptional Results, ESG Activist Investors Unimpressed

ExxonMobil is receiving criticism from its environment, sustainability and governance (“ESG”) activist investors despite delivering exceptional results over the last quarter. ESG has become a major trend in financial circles in recent years amid national and global efforts to transition from fossil fuels and protect communities as well as the environment. Ecofriendly investors typically use ESG considerations to determine which companies to invest in to ensure sustainability-related sectors receive the funding they need to grow. Companies such as ExxonMobil with deep ties to the fossil-fuel industry are obligated to ensure their operations are as green and sustainable as possible while…

FridayMay 31, 2024 10:00 am

House Democrats Inquire into Financial Effects of Anti-ESG Legislation in Florida, Texas

House Judiciary Committee Democrats have launched a probe into the financial impact of recent anti-ESG laws passed in Florida and Texas. The two conservative states have made it illegal to consider environment, sustainability and governance (“ESG”) factors in policy and state funds, causing companies with ties to the green-energy movement to divest from the two states. ESG has been one of the trending topics in the financial world for several years and guided the investment strategies of major investment houses such as BlackRock for quite a while. However, ESG considerations have come under attack from the GOP in recent years…

ThursdayMay 30, 2024 11:15 am

Energy and Water Development Corp. (EAWD) At the Forefront of Offering Technological Solutions that Provide Clean Water and Energy

Energy and Water Development, a green-tech engineering solutions company focused on delivering water and energy to extreme environments, is looking to tap into an industry projected to hit $74.64 billion in valuation by 2030 The company is looking to collaborate with green tech research and development centers in Europe, ultimately growing its presence in the region and carving out a market share Going forward, the company expects to outsource green tech platforms to commercialize its technology, in addition to pursuing growth of its intellectual property, not only through research but also through patent applications Energy and Water Development (OTCQB: EAWD),…

WednesdayMay 29, 2024 2:00 pm

EU Adopts Corporate Environmental, Human Rights Enhancement Standards

Last week, the European Union announced that member states had approved the Corporate Sustainability Due Diligence Directive. This move marks the final step in the adoption of a measure that makes it compulsory for large companies to address any negative impact they have on the environment and human rights across their value chains. The directive’s final adoption had been thrown into uncertainty in the last couple of months when a previous version wasn’t approved by member states in the council. Initially, the directive was tabled by the European Commission in 2022. It detailed responsibilities of companies to identify, evaluate, prevent,…

WednesdayMay 29, 2024 9:00 am

Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF) CEO Featured as Guest in Recent Bell2Bell Podcast

CEO explains that Aston Bay is in the business of adding value through discovery of high-grade critical metals and precious metals deposits ATBHF is working with partner to develop the Storm Copper Project, located in Canada Storm project is serving as a model as the company looks to discover, develop other projects Aston Bay Holdings (TSX.V: BAY) (OTCQB: ATBHF) CEO Thomas Ullrich talked all things copper in a recent episode of the Bell2Bell podcast, which delivers informative updates and exclusive interviews with executives operating in fast-moving industries (https://ibn.fm/fwJak). During the interview, Ullrich and host Stuart Smith discussed key information about…

TuesdayMay 28, 2024 11:15 am

Podcast Highlights Progress of Energy and Water Development Corp. (EAWD) in Fight Against Drought with Patent-pending Technology

Significant drought has long been recognized as a major climactic concern as some of the earth’s populations struggle to ensure they have sufficient water Amid drought conditions currently raging in Mexico City, some residents have signed an MOU with green tech engineering services company Energy and Water Development Corp. to harvest water directly from the atmosphere using EAWD’s patent-pending technology The planned water generation facility is expected to produce about 3.2 million liters of water annually, with expectations of adding millions more in later building phases The facility is a technological leap over traditional dry area water-collecting methods, where residents…

FridayMay 24, 2024 10:30 am

Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF), JV Partner Report New Exploration Targets at Storm Project Amid Rising Copper Prices

Preliminary interpretation of initial MLEM survey results indicates new exploration targets highlighting excellent potential to discover additional copper mineralization Copper process projected to continue upward trend Results open “a whole new space for potential discovery,” says Aston Bay CEO As copper prices climb to a 2024 high, Aston Bay Holdings (TSX.V: BAY) (OTCQB: ATBHF) is reporting initial results from geophysical activities that are currently underway at its Nunavut-based Storm Copper Project (https://ibn.fm/d5faa). According to the report, preliminary interpretation of the initial moving loop electromagnetic (“MLEM”) survey results indicates several new exploration targets highlighting excellent potential to discover additional copper mineralization. “Soaring copper…

FridayMay 24, 2024 10:00 am

Embracing ESG Practices Could Give Businesses an Edge

During the last couple of years, many large companies in America have prioritized environmental, social and governance initiatives, much as their counterparts in other regions of the globe have done. This has now come in handy, particularly in light of the announcement made by the U.S. Securities Exchange Commission (“SEC”) in March on climate-related disclosure regulations. The announcement highlighted the need for companies, both big and small, to get their ducks in a row when it comes to anything climate. At the moment, scrutiny on environmental, social and governance (“ESG”) data is growing. Data collection is a taxing task, however,…

WednesdayMay 22, 2024 10:00 am

Survey Finds Millennials, Gen Z Consider Sustainability When Vetting Employers

A survey recently conducted by Deloitte has determined that the cost of living is the primary societal concern for millennials and Gen Z. The survey involved almost 23,000 respondents from over 40 countries worldwide. Its objective was assessing the changing circumstances shaping the societal and workplace experiences of these generations around the globe. Elizabeth Faber, the company’s global chief people and purpose officer, stated that this year’s survey sheds light on two generations dealing with high levels of stress, financial insecurity and increasing climate anxiety. Faber added that the two generations were also considering how rapidly evolving technology would affect…

MondayMay 20, 2024 10:00 am

EU Imposes New Restrictions on “ESG” Funds

Asset management funds within the European Union now face restrictions regarding what they can refer to as an ESG fund. Under the new guidelines, any investment product that carries the ESG acronym in its name, or any words to that effect, is required to have a minimum of 80% of its assets under management (“AUM”) in undertakings that are connected to social, governance and environmental objectives. These new guidelines were issued by ESMA, the European Securities & Markets Authority. In a statement, ESMA pointed out that one of the first pieces of information that investors get about an investment fund…

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