Tag: ESG
ECB researchers claim that EU banks have already reduced climate risk
The European Central Bank (ECB)’s climate-related supervision has already led to an improvement in banks’ risk exposure and management, and increased capital allocation towards...
BlackRock allocates $150bn for decarbonisation funds
BlackRock Inc., the largest asset manager globally, has revised its decarbonisation investment guidelines, designating $150bn for funds that evaluate energy transition risks and opportunities.
Although...
KPMG unveils digital hub to address climate risk and opportunity reporting
Global professional services firm, KPMG, has announced the launch of Clear on Climate Reporting, a new digital hub designed to assist companies in reporting the...
GRI unveils solution to help companies comply with CSRD reporting standards
The Global Reporting Initiative (GRI) has announced the launch of its new GRI-ESRS Linkage Service to help companies align their sustainability reporting with the European Sustainability...
Key pitfalls firms should avoid when implementing CSRD
The Corporate Sustainability Reporting Directive (CSRD) was introduced in Europe at the beginning of the year. It replaced the Non-Financial Reporting Directive (NFRD) and bolstered the scope of reporting, with the aim of enhancing transparency and comparability of ESG data across the EU so stakeholders can easily evaluate the sustainability performance of companies.
Vodafone Business launches ESG Navigator to streamline sustainability reporting
Vodafone Business, the digital communications solutions unit of telecommunications company Vodafone, has announced the launch of Vodafone Business ESG Navigator.
This new software solution is...
ISO set to unveil new international standard for net zero transition
ISO, the International Organization for Standardization, is working on developing its first international standard on net zero.
Known for its robust standards across various industries,...
Natcap raises $10m to enhance nature-related risk management for businesses
Natural Capital Research (Natcap), a nature and biodiversity intelligence company, has raised $10m in a Series A funding round.
The funds will be used to...
How CSR and ESG differ and why they’re crucial for business...
In the modern business landscape, the distinction between CSR and ESG practices is becoming increasingly significant.
IFC and IFRS Foundation join forces to revolutionize sustainability in EMDEs
The IFC and the IFRS Foundation recently unveiled a strategic partnership aimed at bolstering sustainability and climate reporting across emerging markets and developing economies.
