News about greenwashing on 2023-02-10
Clean BC Pension Fund Buys Dirty Gas Stranded Asset In united kingdom for US$11 . 6B
British Columbia’s public sector employees are being asked to share their views on the controversial purchase of fossil fuel infrastructure by two Canadian investors. But what do they know about these funds and why is it worth billions?
Source: cleantechnica.com
Published on 2023-02-10
Strike off shopping on tour list
Malaysia’s tourism minister has announced changes to the way tourists go shopping when they arrive in the country, following a campaign by Tomei emerald year - Bloom From Within to celebrate the arrival of the Emerald Year in 2015.
Source: thestar.com.my
Published on 2023-02-10
3 ways retail organizations can advance their DEI strategy
The diversity of employees in the retail sector is a key priority for many businesses, writes the BBC’s Chris Stokel-Walker, chief executive of retailer Seramount Holdings, and chairman of the Advisory Council for Environmental Development (RSE).
Source: retaildive.com
Published on 2023-02-10
Abu Dhabi Multiply Group Reports Net Profit Of Dh18 . 56 Bil ...
One of the world's biggest investment firms has reported a sharp rise in profits, driven by the strong performance of its investments and the resilience of their industries during the coronavirus pandemic, the Khaleej Times has learned .
Source: menafn.com
Published on 2023-02-10
ADNEC Group Delivers Strong 2022 Performance , Contributes To ...
The UAE's largest tourism group, ADNEC Group, has announced record performance in 2022 thanks to the success of its business units, which have contributed to invigorating economic development in Abu Dhabi. The new corporate identity is being launched.
Source: menafn.com
Published on 2023-02-10
AIF Institute Announces the Launch of its Center for Private Capital Investing and the Addition of Former Oklahoma Deputy State Treasurer Andrew Messer as its Executive Director
The American Institute of Fiscal Studies (AIF) has launched a new Center for Private Capital Investing, which aims to boost the ability of private investors to invest in their institutional portfolios. Financial Innovation Center has been named as the new centre.
Source: streetinsider.com
Published on 2023-02-10
Americans Tell CEOs : Drop The Woke And Get Back To Business
Business leaders in Northern Ireland are being urged to keep their jobs rather than politics, according to a new report published in the New York Times. But what does this mean for businesses, and why are they increasingly likely to buy from politically neutral companies?
Source: zerohedge.com
Published on 2023-02-10
AMH Announces 22 % Increase in Quarterly Distribution
US state-owned rental homes firm American Homes 4 Rent (AMH) has announced a dividend increase of 22 percent in the first quarter of 2023, according to reports from Las Vegas, Las Vegas, in southern California. Why is the announcement?
Source: prnewswire.com
Published on 2023-02-10
Axa XL advances sustainability goals
The world’s biggest environmental firm has announced plans to protect nature from the impact of the coronavirus pandemic on the global economy and climate.A new strategy aims to raise awareness of biodiversity risks to inspire clients and colleagues to put nature first.
Source: royalgazette.com
Published on 2023-02-10
Big Oil profits soared to nearly $200bn in 2022
The world’s biggest oil companies have reported their highest quarterly profits for the first time in more than a decade, according to the latest estimates from ExxonMobil and Royal Dutch Shell, the US state-owned oil company Alphabet.
Source: offshore-technology.com
Published on 2023-02-10
BP Shares Have Jumped Nearly 20 % This Week
Oil giant BP has said it will invest more in resilient oil and gas projects to meet the world’s needs in the next three years, according to its latest announcement on the stock exchange on Friday. However, it doesn’t have enough money to invest in renewed energy projects.
Source: oilprice.com
Published on 2023-02-10
British American Tobacco p . l . c . ( NYSE : BTI ) Q4 2022 Earnings Call Transcript
The chief executive of British American Tobacco (BAT) Jack Bowles has presented his 2022 full year results presentation. Here, he will give some highlights of the progress made in the business, and explain how they have reached an exciting inflection point in their transformation.
Source: insidermonkey.com
Published on 2023-02-10
Buttigieg over - reaching funding ultimatum to fix America ports has far - reaching implications
The US government has announced a massive expansion of its ports infrastructure projects, but only if they meet environmental standards (Environmental Governance, Environmental Growth, Equity, and equity) scores, it’s being claimed.
Source: bizpacreview.com
Published on 2023-02-10
Cameco Corporation ( NYSE : CCJ ) Q4 2022 Earnings Call Transcript
Welcome to the Cameco Corporation Fourth Quarter 2022 Conference Call, presented by Tim Gitzel, President and CEO, Grant Isaac and CFO, Alice Wong and Brian Reilly. Here is a full transcript of the fourth quarter earnings call. Please go ahead.
Source: insidermonkey.com
Published on 2023-02-10
Critics stress weakness of Fed climate tests
The US central bank is developing a “pilot climate scenario analysis” that will test the banks’ ability to cope with the economic realities of the global warming world, according to reports from Politicco. But what is this really stressful enough?
Source: politico.com
Published on 2023-02-10
CyberArk Software Ltd . ( NASDAQ : CYBR ) Q4 2022 Earnings Call Transcript
CyberArk Software has announced its annual financial results for the first time in more than a decade. This is the full transcript of the earnings conference call. Welcome to the Q4 2022 Cyber Ark Software Earnings Conference Call, which takes place on Thursday.
Source: insidermonkey.com
Published on 2023-02-10
DFNI Supplier Survey : Champagne Lanson saw a record year for shipments in 2022
The Duty Free News International website is being provided with a limited range of information about the rights of journalists and their employees, including those who claim to have been involved in illegal acts of abuse and misuse of data.
Source: dfnionline.com
Published on 2023-02-10
Direct Indexing Shouldnt Just Be for High Net Worth Clients
Investors are being asked to use direct indexing to track their stocks, a panel of experts has heard. Why? And what does it mean for investors who are not able to share shares in individual accounts? A panel has been told.
Source: etftrends.com
Published on 2023-02-10
Dont Think Going Woke then Going Broke Will Deter Corporations from Pushing Leftism
Disney has reported a loss of $100 million on its latest flop promoting gay Teen Romance, which it says could be the biggest annual loss in its history. But why is it so worth millions of dollars in revenue?
Source: redstate.com
Published on 2023-02-10
Eric Branderiz named to the board of directors of Cognizant Technology Solutions Corp .
Eric Branderiz, the chief financial officer of Tesla Inc., has been appointed to the board of the Cognizant Technology Solutions Board. Here is the full list of senior executives and board members.The former chairman of Enphase Energy, Inc, is a renewable energy technology company.
Source: aldianews.com
Published on 2023-02-10
ESG Changing Board Makeups Matters to Investors
The third wave of governance changes has been announced by the Conference Board, a report which sheds light on how boards are handling environmental, social, and stakeholder capitalism matters in the wake of the financial crisis in Britain.
Source: etftrends.com
Published on 2023-02-10
ESG practices by financial firms under scrutiny from U . K . regulator
The UK's Financial Conduct Authority (FCA) is looking at how to oversee financial firms' sustainable governance (Environmental Governance - Environmental Responsibility) approaches and promises, it has been revealed. However, the regulator has said it needs to "closing the say-do gap".
Source: pionline.com
Published on 2023-02-10
European Parliament Committee Finalizes ESG - Related Financial Sector Risk Reforms | Cadwalader , Wickersham & Taft LLP
The European Union’s Basel III agreement has been signed by the European Parliament following the 2008 global financial crisis, which led to the introduction of a new framework for banking regulation. But what does this mean for the EU's sustainability?
Source: jdsupra.com
Published on 2023-02-10
General Assembly leaders say property tax relief possible but no guarantee
The US House of Representatives is trying to find a way to provide tax relief to taxpayers, according to the latest figures from the state’s largest property lender Redfin. However, they are still looking at the best alternatives.
Source: wishtv.com
Published on 2023-02-10
Gov . Greg Abbott Brags That Texas Shot Down A Woke Bank
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Source: 2paragraphs.com
Published on 2023-02-10
Henry Dimbleby National Food Strategy has just been given a new lease of life | Comment & Opinion
The government’s new strategy for the food industry has been unleashed with the potential to set the industry agenda alight in the next decade, writes the BBC's Chris Stoke-on-Trent columnist on the challenges facing the sector.
Source: thegrocer.co.uk
Published on 2023-02-10
Impinj , Inc . ( NASDAQ : PI ) Q4 2022 Earnings Call Transcript
Welcome to the Impinj, Inc. Fourth Quarter and Full Year 2022 Earnings Conference Call and Webcast. Here is a full transcript of the earnings conference call and webcast presented by the company’s chief executive, Andy Cobb.
Source: insidermonkey.com
Published on 2023-02-10
Inflation Is Bubbling
In our series of letters from African journalists, trader Louis Navellier looks at the challenges facing the global stock market in recent weeks. Here's a summary of what happened to the stock markets this week - and what does this mean?
Source: menafn.com
Published on 2023-02-10
Inflation Is Bubbling - ValueWalk
This is a full transcript of the latest batch of spam messages sent to us from across the UK during the coronavirus pandemic. Warning: This contains images of abuse and misinformation being shared by those who have signed up.
Source: valuewalk.com
Published on 2023-02-10
It all needs to add up : what makes a credible corporate climate pledge ?
Environmental firms including the Danish company Norwegian Statoil have made pledges to reach net-zero greenhouse gas emissions by 2050. But what does this mean for global climate action, asks Chris Stokel-Walker, who is leading the industry.
Source: offshore-technology.com
Published on 2023-02-10
John Murphy of Borden Ladner Gervais LLP on trends at Canada largest law firm
The legal industry has a shift in the past few years, according to the lawyers' chief executive and former chairman of the UK's Financial Crimes Commission (CBI). Here, he explains what it is like to be working at home.
Source: canadianlawyermag.com
Published on 2023-02-10
Keynote Address By CFTC Commissioner Christy Goldsmith Romero At FIA & SIFMA Asset Management Derivatives Forum , Adjusting The Sails For Cyber And Climate Resilience
The chairman of the International Financial Advisory Group (FIA) and the Scottish Institute of Fiscal Studies (SISFMA) has told the BBC how to turn cyber risk into resilience. Here is the full text of his keynote speech to the conference.
Source: mondovisione.com
Published on 2023-02-10
Kobach : The States Are the Shock Troops of the ESG Battle of 2023
In our series of letters from African journalists, writer and columnist Adaobi Tricia Nwaubani looks at why the Democratic Party has launched a campaign to advance their climate, gun control, and abortion objectives through the allocation and denial of capital.
Source: breitbart.com
Published on 2023-02-10
LanzaTech and AMCI Acquisition Corp . II Announce Closing of Business Combination , Establishing First Public Carbon Capture and Transformation Company – Advanced BioFuels united states
US waste carbon capture company LanzaTech has announced the completion of a new business combination between AMCI and its New York-based owners, which is expected to begin trading on the US stock market in early 2023, it has emerged.
Source: advancedbiofuelsusa.info
Published on 2023-02-10
Lumentum Holdings Inc . ( NASDAQ : LITE ) Q2 2023 Earnings Call Transcript
Welcome to Lumentum Holdings Inc.'s second quarter earnings call. This is a full transcript of the event which will be broadcast on February 9, 2023. Please go ahead, and listen-only mode. Here is the full text.
Source: insidermonkey.com
Published on 2023-02-10
Magnitsky Affair : Switzerland To Return Suspect Millions To ...
The Swiss justice system is facing a massive financial crisis, with the loss of millions of Swiss assets being handed back to three Russians sanctioned in the US and other Western countries, according to reports from the Swiss state media .
Source: menafn.com
Published on 2023-02-10
Masco Corporation ( NYSE : MAS ) Q4 2022 Earnings Call Transcript
Welcome to Masco Corporation’s fourth quarter and full year earnings call, presented by Keith Allman, President and CEO of the company. Here is a full transcript of this conference call which will be recorded for replay purposes. Please limit yourself to one question with one follow-up.
Source: insidermonkey.com
Published on 2023-02-10
Morningstar and PAi Partner on ESG - Driven Pooled Employer Plan
Two US firms have launched a new defined contribution retirement plan (PEP) which aims to limit exposure to environmental and governance risks, according to the latest announcements from the US Department of Labor and Republican states.
Source: plansponsor.com
Published on 2023-02-10
MSU Museum hosts panel discussing sustainability in fashion
A panel has been held at the Maritime University of Michigan (MSU) to discuss how the fashion industry is sustainable when it comes to making clothing, including a search engine for environmental waste and greenwashing. Why does this work mean sustainability?
Source: statenews.com
Published on 2023-02-10
MT AG Demands State Money Back from AG Group Investing in ESG Through Companies Like BlackRock
A US law enforcement officer has threatened legal action against the state’s governing body over its investments in environmental and social policies. They say it is patently unacceptable, and says they are not able to return funds.
Source: cnsnews.com
Published on 2023-02-10
Multiply Group posted Dhs18 . 56b profit in 2022 despite headwinds
The multi-billion-dollar investment holding company, Multiply Group, has reported a rise in operating profits for the first time since the coronavirus pandemic struck the world’s biggest economy in more than two decades, according to the latest figures.
Source: gulftoday.ae
Published on 2023-02-10
Nature - based solutions can fight two key battles together
In our series of letters from African journalists, scientist and environmentalist Adaobi Tricia Nwaubani looks at how climate change is affecting our lifetime, writes the BBC's Jonathan Marcus, who spent the past few years at the UN Convention on Climate Change.
Source: thedailystar.net
Published on 2023-02-10
Nearshoring , an opportunity for companies in Mexico | Hogan Lovells
Mexico has made significant changes to its employment laws, including a proposal to increase the number of employers based on environmental grounds (RSE) and social factors (Environmental Security Acts) - known as the “UMCA”.
Source: jdsupra.com
Published on 2023-02-10
NMG Obtains Financial Levers of Up to CA$3 . 6 Million to Further Develop its Advanced Transformation Processes for Environmentally Friendly Anode Material
The Canadian company Nouveau Monde Graphite Inc. (NMG) has been awarded a total of more than $1.5bn (£1.5m) in financial assistance. Here is what you need to know about NMG's latest business stories and what it does.
Source: streetinsider.com
Published on 2023-02-10
Northeast volume fell 11 % in 2022 as issuers took wait - and - see attitude
The US Federal Reserve has reported a sharp drop in the number of foreign bonds issued by the Northeast in 2022, according to figures released by The Bond Buyer. While rates were relatively low, the region still failed to recover.
Source: bondbuyer.com
Published on 2023-02-10
NTD Business ( Feb . 10 ): US Says It Shot Down Object Over Alaska ; Adidas Losing Millions After Kanye Split
The US says it has shot down a new spy balloon off the coast of Alaska. What do we know about this new object? What does it mean for the US and other nations? The BBC’s weekly The Boss series profiles different business leaders from around the world.
Source: theepochtimes.com
Published on 2023-02-10
Panterra Finance Announces ESG Consulting Services Integrating SaaS to Drive forward ESG & Net Zero Objectives
The BBC's weekly The Boss series profiles different business leaders from around the world. Here are some of the highlights from the event. Each week, BBC News looks at a significant increase in the number of energy companies involved in renewable energy.
Source: energy.einnews.com
Published on 2023-02-10
PG & E Corp ., utility subsidiary credit outlook improves to positive on wildfire mitigation efforts : Moody
US regulators have lowered their credit rating for a US utility which is struggling to deal with wildfire threats, according to the latest ratings assessment of the company's outlook for the US state of California. Why?
Source: utilitydive.com
Published on 2023-02-10
Piet Viljoen identifies JSE - listed stocks to benefit from SA must - do electricity turnaround .
In our series of letters from African journalists, investor Piet Villiers looks at the challenges facing the UK’s second-level financial crisis. Here he explains what happened in January this year, and why he is a very far-sighted investor.
Source: biznews.com
Published on 2023-02-10
Putnam Brings ESG - Focused TDFs to DC Plan Sponsors
US investment firm Putnam Investments has announced it is offering a range of sustainable retirement funds to investors in the New York Stock Exchange, which it says will increase the number of people who have signed up for their savings and benefits.
Source: plansponsor.com
Published on 2023-02-10
Putnam expands ESG offerings with target - date ETF suite
The world's largest investor has announced a new range of sustainable funds for retirement savings plans for the financial sector, which includes investments in privately managed exchange-traded investors (ETFs) across all classes.
Source: pionline.com
Published on 2023-02-10
Ribbon Comprehensive STIR / SHAKEN Solution Enables Colt to Meet French Market Regulatory Mandates - PRN India News
ribbon Communications Inc. has announced a cloud-based service which aims to protect customers from calls that range from the French government's mandates to ensure their identity in compliance with French authorities' rules. A new service has been launched.
Source: news.webindia123.com
Published on 2023-02-10
Roundup : U . S . Nevada court ruling baffles environmentalists , lithium strip mining continues - Xinhua
A decision to allow a massive lithium mine in northern Nevada was "unlikely" and "not consistent" with recent precedent, environmental groups have said, as they clashed with the judge's ruling on mining plans.
Source: chinaview.cn
Published on 2023-02-10
Schroder ends the mystery and enters governor race - Louisiana Illuminator
A Republican treasurer has announced he is running for governor of Louisiana in a bid to restore faith in the state’s government and the public trust back into the collapsed government. Why is he going to run for Governor? The BBC looks at some of the candidates.
Source: lailluminator.com
Published on 2023-02-10
SEC Examinations Division Publishes 2023 Priorities Letter | Goodwin
The Securities and Exchange Commission (SEC) has outlined its priorities letter for the financial year 2023, which will focus on the best interest and confidence of investors, and the risks of the conflict of interest in a range of products and account types.
Source: jdsupra.com
Published on 2023-02-10
SME Bank to assist MSMEs to prepare for challenges
The UK's biggest economy has been hit by a rise in the number of households - including the minimum wage and the rising costs of food consumption. They are also among those affected by the impact of the coronavirus pandemic.
Source: thestar.com.my
Published on 2023-02-10
Smurfit Kappa Named Sustainability Top Performer
The Smurfit Advisory Group has been named as the world’s highest environmental risk rating for the second time in a row, according to Morningstar Sustainalytics. The company has become the first in the list of top rated companies.
Source: packworld.com
Published on 2023-02-10
Sonoco Products Company ( NYSE : SON ) Q4 2022 Earnings Call Transcript
Welcome to Sonoco’s fourth quarter 2022 earnings call, presented by Howard Coker, President and CEO, Rob Dillard, and Lisa Weeks, Vice President, Investor Relations and Communications. Here is a full transcript of the call. Please go ahead.
Source: insidermonkey.com
Published on 2023-02-10
State AG Updates : Colorado , New Jersey , New York , Kansas , Florida , Rhode Island and AG Coalitions | Faegre Drinker Biddle & Reath LLP
The US Attorneys General’s latest settlements have been revealed in a series of letters to proxy firms and credit unions over allegedly unlawful lending and deceptive business practices. Here are some of the key cases.
Source: jdsupra.com
Published on 2023-02-10
Stella McCartney Partners with Neiman Marcus for Rewilding and Rechilding Experience Exclusively for its Luxury Customers
Luxury retailer Neiman Marcus has revealed a new collection of Stella McCartney's Spring 2023 Collection, which aims to rejuvenate the environment and reestablish the natural process of growth and restoration. Why? - The BBC News website reports.
Source: streetinsider.com
Published on 2023-02-10
Tempur Sealy International , Inc . ( NYSE : TPX ) Q4 2022 Earnings Call Transcript
Tempur Sealy International, Inc. (TPX) has announced its fourth quarter annual earnings call, which will open on February 9, 2023. Here is a full transcript of the call and presented by the company’s chief executive Scott Thompson.
Source: insidermonkey.com
Published on 2023-02-10
The Accounting Today 2023 Top New Products
A new feature on the Karbon practice management collaboration platform aims to help accountants build and maintain successful practices. But why should they have all the fun, asks Chris Stokel-Walker, chief executive of the firm's accounting team.
Source: accountingtoday.com
Published on 2023-02-10
The FTC Takes on ESG : Proposed Updates to the Green Guides | Manatt , Phelps & Phillips , LLP
Environmental marketing claims are increasingly being discussed in the US, according to a new report from the Federal Trade Commission (FTC). The BBC's Chris Stokel-Walker explains why they have become the focus of the debate.
Source: jdsupra.com
Published on 2023-02-10
The Ramifications of The Delaware Court of Chancery McDonald Decision – Beyond Holding That Caremark Oversight Obligations Apply to Corporate Officers | Cadwalader , Wickersham & Taft LLP
McDonald’s has been accused of sexual harassment and misconduct against its board of directors in the US. Here is a summary of what happened to the company and how it handled its complaints to Supreme Court judges during the pandemic.
Source: jdsupra.com
Published on 2023-02-10
The Sage ESG 50 : Ranking the Most Sustainable Corporate Debt Issuers
This year’s Sage Environmental Credit rating list reveals some of the most sustainable US dollar-denominated corporate debt issuers, including Andrew Poreda and Emma Harper, who have been taking part in a series of events in the past year.
Source: etftrends.com
Published on 2023-02-10
Tire Industry Project grows mission add ESG
The world's largest tire industry has announced a new initiative to tackle environmental and human health issues across the industry and its stakeholders in the next few years, according to the latest figures from the organisation responsible for the sector.
Source: tirebusiness.com
Published on 2023-02-10
U . S . Oil Drilling Activity Picks Up Amid Rising Crude Prices
The number of active drilling rigs in the United States has fallen sharply during the pandemic, according to new figures released by the company which runs the largest oil and gas industry in a decade. Rising numbers of crews completing unfinished wells fell.
Source: oilprice.com
Published on 2023-02-10
Wendy Goes Climahysteric , Commits To Reducing Their Carbon Footprint - Pirate Cove
A burger brand has announced targets to reduce greenhouse gas emissions by 47% across its business. But what does it mean for climate change, asks Chris Stokel-Walker, chief executive of Wendy’s Co., who is behind the announcements.
Source: thepiratescove.us
Published on 2023-02-10
Why Business Should Dispense with ESG
In our series of letters from African journalists, novelist and columnist Adaobi Tricia Nwaubani looks at the challenges facing businesses in the world of shareholder theory of business, which has become a thorny issue for business leaders.
Source: cnsnews.com
Published on 2023-02-10