NewsRoom Articles - Page 15 of 53

TuesdayNov 19, 2024 10:00 am

ISO Unveils Global Principles for Implementing ESG

The International Organization for Standardization (ISO) recently announced new Environmental, Social, and Governance (ESG) principles at this year’s U.N. Climate Change Conference. These implementation guidelines align with the organization’s commitment to climate action and the United Nations Sustainable Development Goals. These guidelines will mainly focus on assisting companies to navigate the ESG landscape, with their primary objective being to make it easy to comply with disclosure requirements while improving the communication, reporting, and measurement of sustainability efforts. This matters as ESG rules continue to be adopted across the globe. In the last ten years, these regulations have grown by over…

FridayNov 15, 2024 10:00 am

LinkedIn Report Finds Jobseekers with ESG Credentials Have a Higher Likelihood of Getting Hired

Green talent refers to professionals who possess skills directly associated with fighting climate change or occupying roles focused on sustainability. A new report from LinkedIn has found that the demand for jobseekers that possess ESG credentials is increasing much faster than its supply. The Global Green Skills Gap 2024 report found that the supply of green talent between last year and this year increased by only 5.6%, which is small in comparison to the over 11% increase in demand. This gap represents a growing challenge that may hinder the advancement of climate action initiatives if not addressed soon. Experts forecast…

ThursdayNov 14, 2024 10:00 am

Trump Presidency Could Cause Issues for Climate Change Policy and Businesses Embracing ESG

Specialist climate and sustainability adviser Michael Watson stated recently that Trump’s presidential election win was very significant for international climate policy. Watson cited statements from the incoming president’s campaign which suggested that his administration would impede the adoption of new climate policies. During his campaign, Trump stated that America would no longer take part in annual COP meetings following its withdrawal from the Paris Agreement. This means that the U.S. will no longer be required to submit a climate action plan to the UN, despite being the 2nd biggest emitter of greenhouse gases globally. According to Watson, Trump holds the…

TuesdayNov 12, 2024 10:00 am

Jefferies Advises ESG Heads to Lawyer Up After Trump’s Win

Following Donald Trump’s win during the United States’ 2024 presidential election, managers of ESG funds are being advised to lawyer up. It is expected that Trump’s second term in the White House will see the Republican Party’s assault on ESG investing strategies increase significantly. Analysts at Jefferies Financial Group Inc. advise that investors who intend to carry on with their ESG portfolios make sure that they understand all the ins and outs of the American legal system. In a recent note to clients, Aniket Shah and other analysts encouraged all managers of ESG funds to have a lawyer on speed-dial…

FridayNov 08, 2024 10:00 am

How ESG Policies Could Be Affected by the Next US Administration

The U.S. presidential election is done and dusted, and voters had their say regarding who they wish to head the next federal administration. The decision on whether Donald Trump will return to the Oval Office or Vice President Kamala Harris will become America’s next president has been made. That decision has a huge bearing on how America will handle issues like ESG, sustainability and climate change. Both presidential candidates agreed that oil and gas production in America should be increased, to a certain degree. They also agreed that nuclear energy infrastructure needs extra support, but apart from that, they held…

ThursdayNov 07, 2024 10:00 am

Expert Suggests ESG Should Be Viewed as a Business Opportunity

The Carbon Disclosure Project (CDP) was founded with the objective of establishing an international economic system that operated within sustainable environmental boundaries while preventing climate change. Its founder, Paul Dickinson, recently discussed how sustainability was growing more important for corporations and how strategic initiatives and policies would open opportunities for business at the recently held Workiva Amplify EMEA conference. Dickinson, who started CDP over two decades ago, believes that firms need to view ESG regulations as business opportunities. At the conference, he explained that with sustainability issues growing in importance, investments in clean energy would go up. Investments in green…

TuesdayNov 05, 2024 10:00 am

Despite ESG Pushback, Firms Continue to Integrate its Principles

The current political landscape is highly polarized and ESG has come under increased scrutiny as some groups refer to it as “woke capitalism.” The opposition to ESG has been growing and spreading to many industries, but this hasn’t fazed companies that see actual value in implementing ESG principles. The reality is that many corporations have toned down their mention of ESG, and then doubled down on incorporating it within their operations. They have opted to be quiet about what they are doing rather than get into a shouting contest in an attempt to defend their choice. How are they achieving…

MondayNov 04, 2024 8:45 am

Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF) Dedicated to Discovering, Developing New Copper Sources

As the world rapidly transitions toward electrification and renewable energy, copper has emerged as an essential metal in creating a sustainable, electrified society. Aston Bay is working on promising copper projects to help meet rising demand. The company’s commitment to exploration positions it to supply copper for future green technologies and contribute to sustainable mining practices. In an electrified world, the demand for copper is set to rise dramatically, emphasizing the need for robust exploration and production efforts to ensure a stable supply. Aston Bay Holdings (TSX.V: BAY) (OTC: ATBHF) is a publicly traded mineral exploration company exploring for high-grade…

FridayNov 01, 2024 10:00 am

Survey Shows Finance Leaders are Worried About Issues with ESG Data Reporting

A new survey has found that finance leaders are struggling to deal with concerns over the reliability and integrity of their organizations’ non-financial data in corporate reporting. The survey, which was carried out by EY, found that 96% of finance chiefs were worried that their non-financial data wasn’t fit to support decision making. Their main issues with the data included inconsistencies and data formats. Half of the finance chiefs surveyed also revealed their concerns that organizations would miss important sustainability targets soon, with only 53% and 47% of investors and finance chiefs respectively, believing that organizations were on course to…

ThursdayOct 31, 2024 10:00 am

KPMG, ACCA to Offer Free Program Equipping Accountants with ESG Skills

ACCA and KPMG Singapore have launched an environmental, social, and governance (ESG) learning program focused on equipping both non-accountants and accountants with skills in ESG practices. The initiative addresses the need for improved ESG capabilities in the accountancy profession directly. It also diversifies the talent pipeline by welcoming individuals without traditional accounting backgrounds while also calling attention to the expanding role of accountants in leading business practices that are sustainable in different industries. KPMG Singapore Partner and Head of Audit, Alex Koh, stated that new talent needed to transform the accountancy workforce is attracted by prioritizing innovation, collaboration, and adaptability.…

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