News

New study from Bain & Company and EcoVadis

ESG activities, regarding sustainability, diversity and employee satisfaction, correlate with stronger financial profitability and growth for private companies, revealed a joint study by Bain & Company and EcoVadis released today.

Four correlations between ESG activities and business results:

1. Companies with more women on the executive team have better financial results.
2. Renewable energy usage correlates with higher EBITDA margins in carbon-intensive industries.
3. Companies that focus on ethics, environmental and labor practices within their supply chains are more profitable.
4. ESG leaders have higher employee satisfaction; companies with the most satisfied employees grow faster and are more profitable.

Read the full article here.

A liveable future for all is possible, if we take urgent climate action: flagship UN report.

A major UN “report of reports” from the authoritative Intergovernmental Panel on Climate Change (IPCC), outlines the many options that can be taken now, to reduce greenhouse gas emissions and adapt to human-caused climate change.

The study, “Climate Change 2023: Synthesis Report”, released on Monday following a week-long IPCC session in Interlaken, brings into sharp focus the losses and damages experienced now, and expected to continue into the future, which are hitting the most vulnerable people and ecosystems especially hard

Read the full article here.

UN Photo / Mark Garten

BlackRock's Larry Fink says “not our place to be telling companies what to do” on climate, and more...

Investment giant BlackRock will continue to view climate risk as an investment risk, according to the firm’s Chairman and CEO Larry Fink’s annual letter to investors released today, that addressed a series of claims by anti-ESG politicians, such as accusations that BlackRock forces companies to reduce emissions, or that the firm “boycotts” energy companies.

Read the full article here.

The IFRS's International Sustainability Standards Board (ISSB) website has a variety of articles that can be sorted by topics, including Sustainability.

View the ISSB news page.