ESG Sector Trends 2023
This List covers trend insights about the future of the ESG Sector. Insights curated in 2023.
This List covers trend insights about the future of the ESG Sector. Insights curated in 2023.
Insight posts
Quantumrun Foresight
Once thought as just a fad, economists now think sustainable investing is about to change the future
Insight posts
Quantumrun Foresight
The global shipping industry is under pressure as banks begin to screen loans because of environmental, social, and governance (ESG)-driven demands.
Signals
Diginomica
While enterprise software vendors today are gushing about ChatGPT, large language models, etc., are any of them addressing ESG (i.e., Environmental, Social & Governance) requirements? The short answer is that a scarce few are but even those efforts may be less than notable. Within the application...
Signals
Cnbc
It added that policy to help minimize any disruptions stemming from AI-related job losses "is particularly important" as the effects of generative AI will disproportionately target certain occupations and demographics. . "From a social standpoint, it will impact employment, both blue-collar and white-collar employment, I would say materially in the next five to 10 years," Mortonson said.
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Cleantechnica
The Energy Department launched an $8 billion hydrogen program last year, and state officials around the nation are scrambling to get a slice of the pie. In some cases they are even putting partisan politics aside. The latest example is the deep red state of Mississippi, where the firm Hy Stor Energy is working on a plan to transform the Magnolia State into a green hydrogen powerhouse.
Signals
Csrwire
Home News Finance. Making banking more inclusive to everyone is a critical aspect of how Key helps our clients and communities thrive - from the products and services we offer to the investments we make in our communities. Our focus on inclusivity and economic, racial, and environmental equity guides Key's social responsibility commitments.
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Hospitalitynet
New York, NY - Highgate released today its environmental, social and governance (ESG) report which includes a comprehensive analysis of its successful sustainability performance to-date as well as its strategies for reducing the environmental impact of its hotels. It is believed to be among the...
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Etfdb
If investors prioritize tax loss harvesting and ESG investing, then they may want to consider direct indexing. It's a technology slated for exponential growth in the coming years.
Cerulli Associates released a report late last year, The Case for Direct Indexing: Differentiation in a Competitive...
Cerulli Associates released a report late last year, The Case for Direct Indexing: Differentiation in a Competitive...
Signals
Mondaq
In recent years, environmental, social and governance ("ESG") considerations have earned a top position among factors that influence investment decisions. As attention intensifies on the world's climate, some market participants and regulators have called for more widespread and concerted efforts across various segments of society.
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Exchangewire
In today's ExchangeWire news digest: Apple reveals its news VR headset; SHEIN launches a new ESG focused framework; and security firm De.Fi reports crypto investors lost millions to scams. Apple announces new VR headset Apple has revealed its new virtual reality headset, its first major product...
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Automotiveworld
Geely Holding establishes comprehensive ESG management framework and Group-wide ESG strategyGeely Holding Group, China's largest privately held automotive group, published the Group's 2022 Sustainability Report and outlines Group-wide ESG strategy leading towards full value chain carbon...
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Utilitydive
Environmental, social and corporate governing investing — funds that focus on the governance structure and the environmental and social performance of companies — has become increasingly important to banks and corporations seeking talent and customers, panelists said Thursday during a session at the American Council on Renewable Energy Finance Forum.
Signals
3blmedia
PotlatchDeltic 2022 ESG Report: Our Pillars and Goals
Linking Mission to Strategy
We execute our mission through the lens of our ESG strategy. This guides how we view sustainability in our businesses and across our value chain.
OUR PILLARS AND GOALS
Our commitments to forest...
Linking Mission to Strategy
We execute our mission through the lens of our ESG strategy. This guides how we view sustainability in our businesses and across our value chain.
OUR PILLARS AND GOALS
Our commitments to forest...
Signals
Bankingdive
St. Petersburg, Florida-based Climate First Bank is considering moving out of state, following the passage of a bill that penalizes state-registered banks from denying services to certain industries, such as oil and gas, or weapons manufacturers. The environmentally focused de novo, which launched in 2021, bills itself as a "values based-bank," focused on promoting sustainable business practices by providing banking services and loans to firm's with a strong environmental, social and governance mission.
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Cnbc
House Republicans are continuing their attempt to pump the brakes on so-called "woke" investing with new legislation that could place limits on financial advisors and retirement funds. Rep. Andy Barr, R-Ky., will introduce a bill Wednesday that would target funds that consider environmental, social and governance issues, known as ESG.
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Csrwire
Home News Research. WILMINGTON, Del., June 21, 2023 /CSRwire/ - The Chemours Company ("Chemours") (NYSE: CC), a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials, today announced the sixth edition of its annual Sustainability Report, outlining the company's progress toward meeting its ESG targets through its Corporate Responsibility Commitment (CRC) goals.
Signals
Blogs
However, they must now elevate their ESG efforts to address new challenges and risks posed by climate change, environmental degradation, government actions on decarbonization and carbon neutrality, accompanied by disclosure initiatives. The road to net-zero will be the greatest transformation of our times.
Signals
Tech
How the early-stage companies implement ESG within their work, and what are their strengths and weaknesses in this area, were just a few of the topics covered in the analyses conducted by ESG_VC and BVCA. The report titled "2023 Research and Trends - Turning Intention into Action" was created using the data provided by 450 startups backed by 16 venture capital firms including Lakestar, Baldeton, Molten Ventures, Highland, Beringea, and MMC.
Signals
Blogs
Citizens today are becoming increasingly aware of how their actions and the actions of the organizations they work with affect the world around them—a trend that has accelerated since the pandemic. They also want to know that their governments are operating ethically and sustainably. . In response to changing citizen demands, government leaders are increasingly making environmental, social and governance (ESG) a priority.
Signals
3blmedia
FedEx Advances ESG Goals Throughout Value Supply Chain
Originally published in FedEx's 2023 ESG Report
FedEx contracts with more than 100,000 direct suppliers, employing people across the world to empower our e-commerce and global operations. The FedEx Services Supplier Relationship...
Originally published in FedEx's 2023 ESG Report
FedEx contracts with more than 100,000 direct suppliers, employing people across the world to empower our e-commerce and global operations. The FedEx Services Supplier Relationship...
Signals
Natlawreview
European Commission Action on Climate Taxonomy and ESG Rating Provider Regulation
On June 13, 2023, the European Commission published "a new package of measures to build on and strengthen the foundations of the EU sustainable finance framework." The aim is to ensure that the EU sustainable...
On June 13, 2023, the European Commission published "a new package of measures to build on and strengthen the foundations of the EU sustainable finance framework." The aim is to ensure that the EU sustainable...
Signals
Zerohedge
When companies with poor environmental credentials are starved of capital thanks to investors obsessed with ESG, they become dirtier to avoid bankruptcy, writes City AM's Matthew Lesh There are examples of large oil producers offloading older assets to improve their green credentials, only for...
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Cointelegraph
Companies across industries are focused on improving their environmental, social and governance practices, and with good reason. In addition to having the desire to do good for its own sake, businesses are very aware that more and more investors are taking a company's ESG standards and practices...
Signals
Cnbc
WASHINGTON - As Republicans in the House dig in to investigate environmental, social and governance, or ESG, investing, a major industry group that represents thousands of companies is urging them to make reforms. The National Association of Manufacturers, in a letter to the House Financial Services Committee, slammed recent rules and regulatory changes by the SEC and asked lawmakers to rein in proxy voting and limit the shareholder proposals companies need to disclose.
Signals
Financemagnates
The global
community is increasingly concerned about sustainability and the need to
address environmental and social concerns. This increased awareness has
resulted in the creation of sustainable finance and investing solutions, with
fintech playing a key role in advancing these initiatives....
community is increasingly concerned about sustainability and the need to
address environmental and social concerns. This increased awareness has
resulted in the creation of sustainable finance and investing solutions, with
fintech playing a key role in advancing these initiatives....
Signals
Fooddive
We were at a recent conference where startups were pitching creative products to meet the needs of our changing world. The audience was full of executives and investors with the cumulative financial power to fund those changes. During a conversation about upcycling, a leader from a global CPG beverage powerhouse raised his hand and asked the speaker, "How do you know what you're doing is the best possible use?" At first, a few of us were puzzled.
Signals
Cnbc
WASHINGTON — House lawmakers clashed Wednesday over federally mandated environmental, social and governance disclosure requirements for companies rolled outamid concerns over growing climate disasters. The Republican-heldHouse Financial Services Committee met to consider a list of proposals that aim to strengthen public markets, among them a bill to require the U.Comptroller General to study the drawbacks of corporate sustainability reportingfor publicAmerican companies.
Signals
Pressat
SHANGHAI - 13 July 2023. Yanfeng, one of the world's leading automotive suppliers, today published its 2022 sustainability report which documents the company's activities in all Environmental, Social and Governance (ESG) areas that form part of its sustainability strategy. The report also reinforces Yanfeng's support for the Ten Principles of the United Nations Global Compact in the areas of Human Rights, Labor, Environment, and Anti-Corruption.
Signals
Cnbc
WASHINGTON -- A Republican-led House Financial Services subcommittee held its second hearing Thursday scrutinizing the Biden administration's environmental, social and governance disclosure proposals for public U.companies. The hearing zeroed in on the influence of proxy advisors on shareholder voting decisions on questions related to ESG investing.
Signals
Csrwire
Home News Diversity and Inclusion. Our Workforce & Culture goals, developed in 2021, reflect our focus on achieving more immediate gains in the short term while mapping a path toward sustainable long-term gains on diversity, representation, engagement, and inclusion. Above, we provide an update on our progress toward these goals.
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Benzinga
Electric vehicles (EVs) are becoming increasingly more popular as a clean energy solution, and manufacturing names like Tesla TSLA have become associated with the meteoric rise of battery-powered vehicles. Globally in 2022, EV sales passed a record 10 million, and in the U.S. and it is expected...
Signals
Pionline
The House Financial Services Committee late Thursday advanced four bills along party lines aimed at combating the influence of environmental, social and governance investing in the nation's financial markets.The four bills, which were announced Tuesday by Republicans on the committee, were...
Signals
Theblaze
A report from the Financial Times revealed that a company's environmental, social, and governance score has "little to no relation" to its carbon emissions, noting that high-rated firms pollute just as much as low-rated firms. Felix Goltz, a research director at Scientific Beta, told the Financial Times, "The carbon intensity reduction of green [ie low carbon intensity] portfolios can be effectively cancelled out by adding ESG objectives." Therefore, Goltz claimed, "ESG ratings have little to no relation to carbon intensity, even when considering only the environmental pillar of these ratings." "It doesn't seem that people have actually looked at [the correlations].
Signals
Fintech
Specialist research firm FinTech Global has launched an innovative ESG FinTech Market Map, that will serve as a vital guide for financial institutions looking for solutions to solve their ESG needs.
The Market Map has been released at a time where financial institutions are under increased...
The Market Map has been released at a time where financial institutions are under increased...
Signals
Csrwire
Home News Finance. The rise of ESG investing has caused a paradigm shift in the industry. Standardization and data automation will play an integral role in ESG reporting, thus driving transparency and informed decision-making. Interest in ESG (environmental, social, governance) investing is continuing to reach new heights.
Signals
Bangkokpost
The Excise Department is advising business operators to accelerate adjustments by focusing on manufacturing products in line with the environmental, social and governance (ESG) approach to prevent an embargo on imports, says director general Ekniti Nitithanprapas. He said from Oct the European Union (EU) will pilot its Carbon Border Adjustment Mechanism (CBAM) measures for 2-3 years, which are expected to impact industries at high risk of carbon leakage in their production process such as steel, aluminium, cement, fertiliser and hydrogen.
Signals
Telegraph
The green finance craze is part of the same hollow crusade. Over the weekend, it emerged that Barclays has been using the "sustainable finance" badge to provide major funding to Shell. Laughably, the bank has classified a $10bn (£7.8bn) revolving credit facility it provided to Shell as "social...
Signals
3blmedia
How High Tech Helps S.Oleum Deliver ESG Metrics You Can Trust
How can a three-year-old agroforestry company produce trustworthy, sustainable feedstock - raw materials for finished goods, energy, and more - while reducing the amount of carbon in the atmosphere?
"We do that by using the...
How can a three-year-old agroforestry company produce trustworthy, sustainable feedstock - raw materials for finished goods, energy, and more - while reducing the amount of carbon in the atmosphere?
"We do that by using the...
Signals
Thesundaily
PETALING JAYA: Main Market-listed EP Manufacturing Bhd through its wholly-owned subsidiary, EP Blueshark Sdn Bhd (EPSB), had signed a collaboration agreement with Grabcar Sdn Bhd, and smart scooter provider Blueshark Ecosystem Sdn Bhd (Blueshark), to form a working relationship and jointly explore business opportunities.
Signals
Zerohedge
The Defense Logistics Agency Energy, on behalf of the US Air Force, is serious about decarbonizing a military base in Alaska. Surprisingly, the focus is on something other than solar or wind but on mini-nuclear reactors.According to a press release from Santa Clara-based Oklo Inc., the USAF...
Signals
Jdsupra
In late July 2023, House Republicans on the Financial Services Committee introduced four bills targeting various business and market activities that implicate environmental, social, and governance issues. In a statement announcing the proposals, the committee stated that "[t]hese measures represent the first step in Republican efforts to combat the ESG movement by restricting politically motivated, non-material disclosure mandates, reforming the proxy voting and shareholder proposal processes, increasing transparency for federal banking regulators, and limiting the Securities and Exchange Commission's (SEC) authority to regulate shareholder proposals." GUARDRAIL Act (H.4790): The proposed Guiding Uniform and Responsible Disclosure Requirements and Information Limits Act of 2023 appears to target, at least in part, the SEC's proposed climate-related disclosure rule.
Signals
Hbr
Rising and volatile energy prices, fueled in part by geopolitical conflicts, are putting business leaders under urgent pressure to cut costs. Energy is eating up an increasing share of corporate budgets, leaving less funding for innovation and growth.
At the same time, consumers, investors, and...
At the same time, consumers, investors, and...
Signals
Koreatimes
By Lee Yeon-wooDespite their emphasis on sustainable finance, the Korea Development Bank (KDB) and the Export-Import Bank of Korea (Eximbank) have been increasing their financial support for coal-based power generation.According to data from the National Assembly Budget Office (NABO), Monday, the annual loan volumes dedicated to coal-fired power plant projects by these policy financial institutions have consistently been on the rise.KDB's loan commitments related to coal amounted to 1.4 trillion won ($1.05 billion) as of 2022, marking a 15.1 percent increase compared to the previous year.
Signals
Oilprice
Considering that the world still depends on fossil fuels for more than 80% of its primary energy consumption, it's not outrageous - from a business perspective - for companies with core oil and gas business to double down on continued extraction of oil and gas. They are hard pressed to reward shareholders in a cyclical industry with frequent booms and busts.
Signals
Forbes
With the right approach your company can help lead the tech sector to a truly sustainable future.getty
Environmental, social, and governance (ESG) practices are designed to evaluate a company's influence in those three areas. However, the swift progression of technological innovations and the...
Environmental, social, and governance (ESG) practices are designed to evaluate a company's influence in those three areas. However, the swift progression of technological innovations and the...
Signals
Forbes
The digital age has ushered in a transformative shift in the way companies ingest, store and analyze data. This has led to an extraordinary proliferation of data across all operational facets.
Getty
This abundance of data has paradoxically given rise to a pressing issue — data fragmentation...
Getty
This abundance of data has paradoxically given rise to a pressing issue — data fragmentation...
Signals
Mdpi
In the ever-evolving world of finance, ESG (Environmental, Social, and Governance) investing and finance have emerged as pivotal areas of study. The volume "ESG Investing and ESG Finance" delves deep into this space, bringing together nine astutely crafted papers that shed light on the multifaceted implications of ESG practices across different sectors and regions.
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3blmedia
Covia 2022 ESG Report: Advancing Waste Management Practices
At Covia, we promote waste management practices aimed at reducing the volume of waste we generate, as well as encouraging the responsible handling of such waste. We are committed to complying with local, regional, and...
At Covia, we promote waste management practices aimed at reducing the volume of waste we generate, as well as encouraging the responsible handling of such waste. We are committed to complying with local, regional, and...
Signals
Triplepundit
Environmental, social and corporate governance (ESG) concerns are at the forefront of consumers' minds when they make purchasing decisions today. With recent reports disclosing human rights risks lurking within food and beverage supply chains — and 37 percent of brands having yet to share how they're evaluating them — consumers are calling for increased transparency, forcing companies to take a closer look at their existing business practices.
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Zerohedge
'Woke' toymaker Lego has discontinued its sustainability effort to manufacture bricks made from recycled plastic. This decision came after discovering recycled plastic was actually contributing to higher carbon emissions, the Financial Times reported on Sunday.Niels Christiansen, chief executive...
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Jdsupra
Katten ESG Guidepost is a monthly publication highlighting the latest news, legal and regulatory developments involving environmental, social and governance matters. To read more issues of Katten ESG Guidepost, please click here. California's Legislature has passed two new climate disclosure bills, SB 253, the Climate Corporate Data Accountability Act (CCDAA), and SB 261, the Climate-Related Financial Risk Act (CRFRA), which together will require a wide array of entities doing business in the state to calculate and disclose their carbon footprint and climate risk.
Signals
Insidebitcoins
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Bitcoin mining may save the planet from environmental catastrophe, and that means asset managers that fail to consider Bitcoin-related investments in their Environmental, Social, and Governance (ESG) portfolios are committing...
Bitcoin mining may save the planet from environmental catastrophe, and that means asset managers that fail to consider Bitcoin-related investments in their Environmental, Social, and Governance (ESG) portfolios are committing...
Signals
Csrwire
Home News Sustainability. At Covia, we promote waste management practices aimed at reducing the volume of waste we generate, as well as encouraging the responsible handling of such waste. We are committed to complying with local, regional, and national laws and regulations regarding waste management, recycling, and proper waste disposal.
Signals
Zerohedge
Panasonic's new battery plant in Kansas will require an amount of energy equivalent to that used by a small city, forcing a nearby utility to halt the shutdown of a coal-fired power plant. This has sparked criticism that electric vehicle production and electric vehicles aren't 'ESG-friendly.'...
