NewsRoom Articles - Page 20 of 51

MondayJun 24, 2024 10:00 am

How AI Can Take ESG Reporting to Next Level

Companies are facing more pressure to produce accurate and comprehensive environmental, social and governance (ESG) reports as new directives are introduced and regulatory oversight increases. This has led to some issues, with some companies having to deal with data unavailability and ensuring the consistency and accuracy of their reports. To help with this, some companies have embraced the use of artificial intelligence, as it improves the efficiency, precision and comprehensiveness of their reporting practices. How else can artificial intelligence be used to transform ESG reporting? Making data collection and analysis more effective The huge volume of data to be managed…

FridayJun 21, 2024 12:00 pm

Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF) Releases Update on Major Holdings, Operations Amid Rising Demand for Gold and Copper

The company has released a fact sheet outlining progress on its high-grade copper and gold deposits in the state of Virginia and in Nunavut, Canada U.S Global Investors reports that gold and copper are “pivotal players” in the global financial market With rising demand as the backdrop, the progress that Aston Bay is reporting at its Canadian and U.S. projects is particularly promising With gold and copper trending upward, Aston Bay Holdings (TSX.V: BAY) (OTCQB: ATBHF), a publicly traded mineral exploration company, is strengthening its position in both sectors. The company recently released a fact sheet (https://ibn.fm/IKzqR), titled “Discovering High-Grade…

FridayJun 21, 2024 10:00 am

EU Council Approves New Rules Combating Greenwashing in Services, Products

Earlier this week, the European Council announced that it had made its decision on proposals focused on protecting consumers from greenwashing. In its agreement, the council set the requirements for companies to prove and verify labels and claims on the environmental attributes of their services and products. The decision also reflects the council’s position on the Green Claims Directive, which was introduced by the European Commission last year. The directive’s aim was to address the need for verifiable and reliable information for consumers. This comes after recent research determined that over one-half of green claims by companies in the European…

MondayJun 17, 2024 10:00 am

California Sues Oil Firms for Greenwashing Operations

Earlier this week, the attorney general of California announced that the state would continue suing some large oil companies that had illegally obtained their profits. AG Rob Bonta explained that this was part of a suit which claimed that the companies had falsely advertised their products’ environmental sustainability attributes. The lawsuit, which was recently amended, was first launched in September last year against Shell, Exxon Mobil, BP, ConocoPhillips and Chevron. In the initial suit, the plaintiffs claimed that the companies had for decades conducted campaigns focused on establishing doubt and deceiving the general population on the impact that fossil fuels…

FridayJun 14, 2024 12:35 pm

ESG Spending Vital in Supporting Business Resilience

In the past year, we have seen economic challenges prompt some businesses to bring their environmental, social and governance (“ESG”) goals to a halt. These short-term moves will prevent long-term growth, which goes against the objective of most businesses of finding a credible and realistic path that can deliver growth. Experts believe that incorporating ESG into a company and making it the business’ focus allows businesses to be more accountable and socially responsible. By incorporating ESG into the core of a business’ commercial strategy, businesses can build commercial resilience and value while meeting the impact challenge. So, how else can…

WednesdayJun 12, 2024 2:27 pm

EU Funds Under Pressure to Dump American Stocks Due to New ESG Rules

Last month, the European Securities and Markets Authority stated that environmental, social and governance (“ESG”) investment funds would need to have no less than 80% of assets under management engaged in activities associated with ESG objectives. The new rules also prevent the funds from investing in assets such as large producers of oil and gas. A recent analysis determined that these new rules could greatly impact the United States, particularly on stock market value. The analysis conducted by Morningstar estimates that more than 40% of possible stock divestments that shall be caused by the new rule will affect the United…

WednesdayJun 12, 2024 9:45 am

Energy and Water Development Corp. (EAWD) Offering Realistic Hope for Clean Water Accessibility Globally

Energy and Water Development Corp., a green-tech engineering solutions company focused on delivering water and energy to extreme environments, is aware of the growing impact of climate change and pollution on clean water access As of 2022, at least 2.2 billion people in the world still lacked safely managed drinking water, according to a report by the UN It is further projected that by 2030, only 81% of the world’s population will have access to safe drinking water at home, meaning 1.5 billion people without it EAWD looks to address this through its offering, which has shown the potential to…

TuesdayJun 11, 2024 11:15 am

Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF) Reports Exploration Success in Storm Project Drilling Program

Drill program shows defined thick new copper zones, indicating the possibility of rapid and significant expansion The drilling program is being conducted by American West Metals Limited RC drilling will continue in the Storm area, testing geophysical targets to expand known mineralization and test potential new zones of mineralization Reverse circulation (“RC”) drilling that began earlier this year at Aston Bay Holdings’ (TSX.V: BAY) (OTCQB: ATBHF) Nunavut-based Storm Copper Project has already produced exciting results. The company is reporting that immediate exploration success defined thick new copper zones and indicated the possibility of rapid and significant expansion (https://ibn.fm/hKMIR). “It is very encouraging…

MondayJun 10, 2024 10:00 am

Microsoft Unveils Data Center Community Pledge Detailing Sustainability Commitments

Earlier this month, Microsoft rolled out its Data Center Community Pledge, which is focused on making sure that the company’s data center footprint assists in creating benefits in local communities and addressing societal issues. Noelle Walsh, Microsoft VP of cloud operations and innovation, stated during the launch that this was a pledge that the company’s data centers would have a positive impact on the communities they serve. This move by the company comes as it commences the building and operation of a worldwide network of advanced data centers, a surge in the adoption of artificial intelligence driving its growth. Walsh…

FridayJun 07, 2024 10:00 am

Deloitte Survey Shows 7 in 10 Firms Have Halted Acquisitions Because of ESG Concerns

A survey recently conducted by Deloitte has determined that every 7 in 10 leaders on mergers and acquisitions have abandoned possible acquisitions over environmental, social and governance (“ESG”) concerns, with many of them revealing that they would willingly pay more for targets with strong ESG credits. This comes as sustainability considerations become more important in dealmaking processes for mergers and acquisitions (M&A’s). For their analysis, the company surveyed 500 leaders from private-equity companies with roughly $1 billion in assets under management and corporations with at the minimum $500 million in revenue across Europe, North America, Middle East and Asia Pacific…

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