BIG4 ESG: Risk or Opportunity?
BIG4 ESG: Risk or Opportunity? The Big Four, the ones who have been pushing the implementation of “Common ESG Reporting Standards”, have been accused in recent days by a group of 24 institutional investors (pension funds, banks, asset management firms, etc., managing a total of $4.5 bn), of carrying out insufficient assessments with regard to […]
Glasgow 2021, the end of coal?
GLASGOW 2021, THE END OF COAL? In the context of the Coronavirus and recovery from global recession, climate change continues to impact, and climate risks are increasing around the world. COVID-19 pandemic has brought devastation to millions around the world, disrupting many parts of the global economy. Governments all over the globe have stepped […]
Moody’s: Sustainable Bond Issuance to Top $1 Trillion in 2021
Moody’s: Sustainable Bond Issuance to Top $1 Trillion in 2021 Moody’s ESG Solutions has forecasted a rise in its green, social, sustainability and sustainability-linked bonds issuance for the year to over $1 trillion. Compared to last year, global sustainable bond issuance doubled the $402 billion, reaching $775 million at the end of Q3 2021. This […]
Protests and Sustaibable Finance Disclosure Regulation
Protests and Sustainable Finance Disclosure Regulation Friday the 30th of September thousands of students gathered in the streets of Milan protesting and claiming for the implementation of effective regulations and policies in the realm of sustainability. Interestingly, one of the main centers of the protest was Piazza Affari, where hundreds of students and activists showed their lack of confidence and […]
ETFs: the surge of not-so-green ESG investments
ETFs: the surge of not-so-green ESG investments Following the two years of COVID-19 pandemic, confidence towards ESG investments rose as the sensitivity towards climate change and social issues became more widespread. Overall, the investment in Green Funds rose from 50 billion in the beginning of 2020 to over 200 billion in mid-2021, according to Morningstar. […]
Climate change or green transition: impact on corporate costs
Climate change or green transition: impact on corporate costs As the ECB stated the last Wednesday, the costs that will be incurred for climate change in the medium/long term will by far exceed the short-term costs to be incurred for the green transition. In a time when all major economists, the largest banking institutions and […]
ORCA, the new smart way to trap CO2 by Climeworks
ORCA, THE NEW SMART WAY TO TRAP CO2 BY CLIMEWORKS On September 8th 2021, Climeworks, a Swiss engineering start-up, opened its first Direct Air Capture plant. Orca, which has the same sound as the Icelandic word for “energy”, is located in the Hellisheidi geothermal park, near the capital Reykjavik, and it is powered by the […]
UK public supports “green taxes” proposal
UK public supports green taxes to achieve net zero A recent survey has found out that the majority of the British public would be in favor of a green taxes. Moreover, most of the UK citizens also support the idea that their government should increase spending to address environmental issues. These findings could potentially set […]
BUSINESS SCHOOLS URGED TO INTEGRATE ESG PRINCIPLES IN THEIR CORE CURRICULUM
Business schools urged to integrate ESG in their core curriculum Today more than ever, sustainability is at the center of preoccupations on the business agenda. Every firm is putting forward how it implements ESG principles, every manager is driving its team to make ethical decisions, and every shareholder is investing in sustainable fields. However, a […]
THE BIDEN’S ADMINISTRATION SHOULD NOT IGNORE HYBRID CARS
The Biden’s administration should not ignore hybrid cars During the Earth Day climate Summit hosted by US President Joe Biden on 22-23 of April, the climate goals made at the 2015 Paris accords were revived; such goals include limiting global warming to 1.5 degrees Celsius, an objective attainable solely through a consistent reduction of greenhouse […]