Unveiling the Deceptive Tactics of Eco-Friendly Marketing
Al Gore : Investors now realise fossil fuels arent the future
Al Gore, a prominent figure in climate change advocacy, appears onscreen via Zoom, instantly recognizable by his distinctive Tennessee accent and a backdrop displaying an image of Earth s troposphere, the thin blue line separating the planet s lower atmosphere from outer space. Gore emphasizes the significance of this layer, explaining that it contains the air we breathe and is so thin that a car traveling at interstate highway speeds would reach the top of this line in just five to seven minutes. He criticizes the troposphere as an open sewer for the accumulation of fossil fuel pollution. Gore, at the age of 76, has been a vocal proponent of addressing climate change for many years. His efforts gained widespread attention with the release of his Oscar-winning documentary, An Inconvenient Truth, in 2006. This film played a crucial role in raising public awareness about the urgent need to combat global warming and its potential consequences. Throughout his career, Gore has consistently highlighted the importance of taking immediate action to reduce greenhouse gas emissions and transition to renewable energy sources. He has worked tirelessly to educate people about the dangers of climate change and the necessity of implementing sustainable practices to protect the planet for future generations. Gore s dedication to the cause of climate change has not only earned him recognition as an environmental activist but also as a leader in the global effort to address this pressing issue. His work continues to inspire others to join the fight against climate change and strive for a more sustainable and resilient world.
Source: thetimes.com
Published on 2024-10-05
Apella Capital LLC Boosts Stake in iShares ESG Aware MSCI EAFE ETF ( NASDAQ : ESGD )
Apella Capital LLC increased its holdings in iShares ESG Aware MSCI EAFE ETF (NASDAQ:ESGD) by 0.3% in the third quarter, owning 85,173 shares valued at $7,098,000. Other institutional investors also adjusted their positions in ESGD during the same period. Able Wealth Management LLC acquired shares worth $30,000, while Ruedi Wealth Management Inc. boosted its holdings by 309.9%, owning 455 shares valued at $36,000. Your Advocates Ltd. LLP raised its holdings by 39.3%, owning 635 shares valued at $50,000. Kimelman & Baird LLC and Hobbs Group Advisors LLC also purchased new stakes in ESGD worth $55,000 and $57,000, respectively. The iShares ESG Aware MSCI EAFE ETF, with a market cap of $8.57 billion, has a P/E ratio of 15.45 and a beta of 0.86. Its one-year low is $65.74, and the one-year high is $85.04. The fund s 50-day simple moving average is $81.20, and the two-hundred day simple moving average is $80.17. The ETF, managed by BlackRock, tracks the MSCI EAFE Extended ESG Focus index, focusing on developed market international companies with positive ESG characteristics. Investors interested in ESGD can access the latest 13F filings and insider trades through HoldingsChannel.com. Additionally, MarketBeat.com offers a free daily email newsletter summarizing the latest news and analysts ratings for ESGD and related companies.
Source: etfdailynews.com
Published on 2024-10-05
Apella Capital LLC Decreases Position in Vanguard ESG US Stock ETF ( BATS : ESGV )
Apella Capital LLC reduced its stake in Vanguard ESG US Stock ETF by 3.5% in the third quarter, selling 3,567 shares and holding 99,073 shares valued at $9,956,000. Other institutional investors also adjusted their positions, with Vanguard Group Inc. increasing its holdings by 10.7%, owning 9,111,043 shares worth $774,985,000. Creative Planning grew its stake by 1.9%, owning 1,176,731 shares valued at $113,696,000. Leo Wealth LLC raised its holdings by 6.3%, owning 732,257 shares worth $68,123,000. Verde Capital Management increased its stake by 6.7%, owning 566,896 shares valued at $54,773,000. IMPACTfolio LLC boosted its holdings by 1.4%, owning 457,426 shares worth $46,497,000. Vanguard ESG US Stock ETF, with a market cap of $9.07 billion, has a price-to-earnings ratio of 26.02 and a beta of 1.10. The fund, based on the FTSE USA All Cap Choice index, screens companies for ESG criteria and was launched on Sep 18, 2018. Investors can track holdings and insider trades for the ETF on HoldingsChannel.com and receive daily news and ratings via MarketBeat.com s free email newsletter.
Source: etfdailynews.com
Published on 2024-10-05
Apella Capital LLC Sells 1 , 793 Shares of Vanguard ESG International Stock ETF ( BATS : VSGX )
In the third quarter, Apella Capital LLC reduced its holdings in Vanguard ESG International Stock ETF (VSGX) by 1.6%, selling 1,793 shares and owning 111,110 shares as of the latest SEC filing. Meanwhile, Vanguard Group Inc. increased its stake by 8.2% in the 4th quarter, owning 8,234,646 shares worth $455,211,000. Other institutional investors also adjusted their positions, with Skyline Advisors Inc., Financial Connections Group Inc., Cetera Investment Advisers, and Koss Olinger Consulting LLC all making new purchases in the first half of the year. VSGX, with a market cap of $4.00 billion, has a P/E ratio of 13.91 and a beta of 0.84. The ETF, managed by Vanguard and launched on Sep 18, 2018, is based on the FTSE Global All Cap ex USA Choice index, focusing on global ex-US companies with ESG criteria. For more insights, investors can check HoldingsChannel.com for the latest 13F filings and analysts ratings for VSGX.
Source: etfdailynews.com
Published on 2024-10-05
Buffalo Bills and Constellation Brands Announce Partnership
Constellation Brands, a Fortune 500 company, has announced a multi-year sponsorship of the Buffalo Bills at the Highmark Stadium in Buffalo, NY. The sponsorship includes two branded club level bars at the stadium and a community volunteer event in Western New York. Garth Hankinson, Constellation s Executive Vice President and Chief Financial Officer, expressed excitement about supporting the Buffalo Bills, a Western New York institution. The partnership comes as the Buffalo Bills have established a long-term presence in the region with the construction of New Highmark Stadium, set to open in 2026. Constellation Brands has also officially opened its new global headquarters at the Aqueduct Building campus in downtown Rochester, New York. Constellation Brands, an international producer and marketer of beer, wine, and spirits, has grown from a small Rochester-based winery to a Fortune 500 company. The company s mission is to build brands that people love, and it is dedicated to elevating human connections. Constellation Brands offers a range of high-end, iconic imported beer brands, fine wine and craft spirits brands, and premium wine brands. As an agriculture-based company, Constellation Brands is committed to operating sustainably and responsibly. Its ESG strategy focuses on serving as good stewards of the environment, enhancing social equity within the industry and communities, and promoting responsible beverage alcohol consumption. The partnership between Constellation Brands and the Buffalo Bills presents opportunities for both organizations to create memorable experiences for consumers and employees, while also supporting the region s growth and development.
Source: buffalobills.com
Published on 2024-10-05
Burgan joins DHL Express GoGreen Plus initiative
Burgan Bank has entered into a strategic partnership with DHL, joining the DHL Express GoGreen Plus initiative to reduce carbon emissions and promote environmental sustainability. This collaboration aligns with Burgan s commitment to environmental awareness and adherence to global ESG standards. As a GoGreen Plus partner, Burgan will support DHL s use of sustainable aviation fuel (SAF), which can reduce lifecycle emissions by up to 70-80%. This effort will help Burgan Bank lower its Scope 3 emissions related to air cargo. Additionally, DHL Express will offset Burgan s carbon emissions through approved environmental protection programs. Fadel Abdullah, CEO of Burgan Bank, expressed the company s dedication to minimizing its carbon footprint and contributing to Kuwait s Vision 2035 goals. The partnership reflects Burgan s ongoing commitment to sustainability, as evidenced by its annual sustainability report and recent LEED Gold Certification for its head office building. DHL s Country Manager, Makram Raad, highlighted the importance of offering greener alternatives to positively impact the planet and communities served. The partnership between Burgan Bank and DHL demonstrates a shared commitment to environmental awareness and sustainable solutions, with the potential for more collaborations in the future. In summary, Burgan Bank s partnership with DHL under the GoGreen Plus initiative aims to reduce carbon emissions through the adoption of sustainable aviation fuel and offsetting programs. This collaboration aligns with Burgan s commitment to environmental sustainability and contributes to Kuwait s Vision 2035 goals. The partnership also reflects Burgan s dedication to sustainability, as demonstrated by its annual sustainability report and LEED Gold Certification.
Source: tradearabia.com
Published on 2024-10-05
Central Pacific Bank Trust Division Invests $374 , 000 in iShares ESG Advanced Total USD Bond Market ETF ( NYSEARCA : EUSB )
During the 3rd quarter, Central Pacific Bank Trust Division acquired a new position in shares of iShares ESG Advanced Total USD Bond Market ETF (NYSEARCA:EUSB), purchasing 8,453 shares valued at approximately $374,000. Other hedge funds also adjusted their holdings in EUSB. ORG Partners LLC acquired shares worth around $28,000 in the second quarter, while MFA Wealth Advisors LLC invested approximately $82,000 in the same period. Continuum Advisory LLC increased its stake by 25.6% in the second quarter, owning 2,131 shares valued at $91,000. Comerica Bank boosted its position by 11.2% in the first quarter, holding 2,471 shares worth $106,000. Transcend Capital Advisors LLC also invested $210,000 in EUSB during the second quarter. The iShares ESG Advanced Total USD Bond Market ETF (EUSB) is an exchange-traded fund that invests in a broad array of USD-denominated bonds from issuers with favorable ESG ratings. The fund tracks a wide range of credit fixed income without restrictions on credit quality or duration. The ETF s 50-day simple moving average is $43.94, and its 200-day simple moving average is $42.93. The 1-year low and high prices for EUSB are $39.79 and $46.01, respectively. For more information on hedge fund holdings in EUSB, visit HoldingsChannel.com. Additionally, subscribers can receive a daily summary of news and analyst ratings for EUSB and related companies through MarketBeat.com s free daily email newsletter.
Source: tickerreport.com
Published on 2024-10-05
Civic acquires New Practice to expand place - based expertise
Civic, the parent company of Civic Engineers, Civic Earth, Civic Heritage, and Civic (Ireland), has announced the acquisition of New Practice, a Glasgow-based firm specializing in place-making and community-led projects. Founded in 2019 by Directors Marc Cairns and Becca Thomas, New Practice is known for its focus on social value through community engagement, retrofit and reuse approaches, and regeneration projects across the UK. This acquisition aligns with Civic s strategy to expand its services and deliver greater social and environmental impact. Civic s CEO, Stephen O’Malley, emphasized the importance of New Practice s role in enhancing the company s range of services and achieving their vision of a positive environmental impact and happier lives for people. New Practice has worked on various projects, including the Kinning Park Complex redevelopment, The Sustainable Glasgow Landing for COP26, and city-wide consultations for Liveable Neighbourhoods. Their clients include ESG developers such as Grosvenor, Regal London, and LandsecU+I. Marc Cairns, director of New Practice, expressed excitement about joining the larger Civic team, which will help them grow and reach more clients. Becca Thomas, director of New Practice, highlighted the shared values and vision of creating thriving communities with the Civic team. Overall, the acquisition of New Practice by Civic demonstrates a commitment to expanding services and delivering greater social and environmental impact through community-led projects and place-making initiatives.
Source: bdonline.co.uk
Published on 2024-10-05
Closing The Sustainability Skills Gap Through Employee Development
In the latest episode of ESG Talk, Tom Rayner, founder of Sillion, a consultancy specializing in corporate ESG transitions, and Ian Plummer, the commercial director of Auto Trader Group, engage in a discussion with Andie Wood. The focus of their conversation is the sustainability skills gap and the practical insights they ve gained from implementing a carbon literacy program for more than 1,000 professionals. The ESG Talk podcast, available on Apple, Spotify, and YouTube, is brought to you by Workiva, a platform that unifies financial reporting, ESG, audit, and risk management. For more information, visit Workiva s website. This episode aims to provide valuable advice and lessons learned for individuals and organizations looking to bridge the sustainability skills gap and enhance their understanding of carbon literacy. By sharing their experiences, Rayner and Plummer offer a unique perspective on successfully implementing such programs and the benefits they bring to professionals in various industries. Listeners interested in further exploring ESG topics can subscribe to the ESG Talk podcast and stay updated on the latest discussions and insights in the field of sustainability.
Source: menafn.com
Published on 2024-10-05
eServGlobal ( LON : ESG ) Stock Crosses Below Two Hundred Day Moving Average – Here Why
eServGlobal Limited (LON:ESG) experienced a dip in its stock price, crossing below its 200-day moving average during Thursday s trading session. The stock, which has a 200-day moving average of GBX 5.45 ($0.07), traded as low as GBX 4.88 ($0.07). The volume of shares traded was 2,782,538. Despite the recent decline, eServGlobal shares have seen a 10.1% increase. The stock has a fifty-day moving average and a two-hundred-day moving average both at GBX 5.45. The company has a market capitalization of £65.99 million and a negative price-to-earnings ratio of -1.24. eServGlobal Limited is a telecommunications software solutions provider, catering to mobile and financial service providers across the Middle East, Asia Pacific, Europe, Africa, and Central and South America. The company offers a range of transaction services, including digital wallets, commerce, remittance, recharge, rapid service connection, and business analytics. For more information on eServGlobal, subscribers can receive a daily summary of the latest news and analysts ratings through MarketBeat.com s free daily email newsletter. By entering an email address, one can stay updated on eServGlobal and related companies.
Source: etfdailynews.com
Published on 2024-10-05
ESG : The foremost risk for global mining companies - Canadian Mining Journal
The mining industry faces significant environmental, social, and governance (ESG) challenges, with these factors dominating the risk landscape for the third consecutive year. EY Canada s report on the Top 10 Risks and Opportunities in Mining highlights the complexities miners face in 2024, with a growing degree of both complexity and investor attention. This shift is expected to drive innovation, ambitious targets, and greater transparency in reporting. Environmental risks include waste management and water stewardship, with the industry managing over 200 billion tonnes of tailings and billions more anticipated. Innovations like the Mining Microbiome Analytics Platform showcase the sector s commitment to non-chemical extraction and remediation strategies. Water stewardship is also a critical area, with stringent water usage policies in countries like Chile. Social risks focus on diversity, equity, and inclusion (DE&I), health and wellbeing, and human rights. While there has been some improvement in female participation in C-suite roles, overall diversity remains low. Health and wellbeing initiatives are expanding, addressing mental health challenges of Fly-in fly-out (FIFO) workers. Human rights scrutiny is increasing, with a lackluster average score of 22% in human rights performance across the sector. Governance challenges revolve around measurement and monitoring, with the plethora of regulations and frameworks creating a complex environment for the industry to navigate. Establishing credible baselines and integrating considerations throughout the mine lifecycle are essential for maintaining integrity and achieving global ESG sustainability standards. In conclusion, the mining industry must embrace change to navigate the complex ESG landscape, ensuring sustainable operations that align with global standards and stakeholder expectations. Theo Yameogo, the Americas mining & metals leader at EY, emphasizes the need for increased innovation, collaboration, and agility in the upcoming years.
Source: canadianminingjournal.com
Published on 2024-10-05
ESG frameworks can still support the achievement of circularity
The circular economy has become a key focus in sustainability efforts due to environmental and economic concerns. It emphasizes closed-loop processes to extend resource life, maximize economic benefits, and minimize environmental impacts. The World Economic Forum s reports highlight the potential cost of climate change, estimated at $1.7 to $3.1 trillion per year by 2050, underscoring the urgency for sustainable practices. Environmental, social, and governance (ESG) frameworks are gaining traction as a solution to the challenges of decarbonization. These frameworks, which include metrics and reporting standards, are voluntary or mandated and have financial implications. ESG-oriented investing has grown significantly, with assets reaching $30 trillion, up 68% since 2014. Consumer demand for sustainable products is also on the rise, with 46% of consumers worldwide stating they intentionally buy more sustainable products. ESG frameworks inherently support circularity principles, such as reducing resource consumption, reusing materials and parts, and recycling for value creation and proper disposal. They offer internal benefits like reduced operating expenses, enhanced employee retention, and opportunities for social license to operate. However, the diversity of ESG frameworks and their application across different industries and jurisdictions can pose challenges. Despite these challenges, ESG frameworks remain a viable starting point for addressing the circularity gap. Innovation in ESG evaluation, guidance, and adoption tools is ongoing, with organizations like Cambrian College s Centre for Smart Mining (CSM) working with mining groups to develop clean and green extraction methods. In the Canadian context, ESG frameworks can differentiate Canadian mining operations on the global stage. By promoting innovation in recycling, energy efficiency, and closed-loop supply chains, Canadian mining can position itself as a leader in sustainable resource management. While the circular economy remains the long-term goal, ESG frameworks can guide organizations towards sustainable practices and help bridge the gap between current practices and a more circular economy. A continued commitment to ESG adoption is essential for achieving this goal.
Source: canadianminingjournal.com
Published on 2024-10-05
Fuelling a Decade of Growth : Insights on the Rise of India Mutual Fund Industry with Yaseen Sahar
Over the past decade, India s mutual fund industry has experienced significant growth, with assets under management (AUM) increasing from ₹8.25 trillion in 2014 to over ₹66 trillion by August 2024. This growth has been driven by factors such as increased investor awareness, a rising middle class, and supportive regulatory policies. Systematic Investment Plans (SIPs) have played a crucial role in boosting retail participation, with SIP inflows reaching ₹23,000 crores per month in July 2024. The mutual fund distribution community has been instrumental in this growth, particularly in Tier 2 and Tier 3 cities, where they have worked to educate and build trust with new investors. Regulatory changes, such as SEBI s categorization of mutual fund schemes in 2017, have also contributed to a more transparent and accessible market. Investors have embraced mutual funds as a means of wealth creation, with a shift from traditional assets like gold and real estate to financial products. Yaseen Sahar, an industry leader with over two decades of experience, has emphasized the importance of financial literacy and education in promoting informed decision-making among investors. Key numbers highlighting the industry s growth include the increase in SIP accounts from 2.6 crore in 2017 to over 6.5 crore today. Looking ahead, Sahar predicts that ESG (Environmental, Social, and Governance) factors and thematic funds will continue to gain traction, with passive investing through index funds and ETFs also expected to grow. To ensure continued trust and growth in a highly competitive landscape, transparency, regular communication, and education are essential. Technology, such as AI-driven tools, can also help personalize investment advice and improve decision-making. In summary, the remarkable growth of India s mutual fund industry over the past decade is a testament to the collective efforts of investors, distributors, and regulators. With trends like ESG investing and the rise of passive funds on the horizon, the potential for continued expansion is
Source: dnaindia.com
Published on 2024-10-05
Gabelli Love Our Planet & People ETF ( NYSEARCA : LOPP ) Trading Down 0 . 2 % – Time to Sell ?
The Gabelli Love Our Planet & People ETF (NYSEARCA:LOPP) experienced a slight decrease of 0.2% during Wednesday s trading, with the stock reaching a low of $27.82 and closing at the same price. The trading volume was significantly lower than average, with only 26 shares changing hands, which is a 94% drop from the typical volume of 401 shares. The ETF has a market capitalization of $13.89 million, a PE ratio of 18.37, and a beta of 0.95. The fifty-day moving average price is $26.99, while the 200-day moving average price stands at $26.69. Gabelli Love Our Planet & People ETF is an exchange-traded fund that follows the S&P 500 index. It is an actively managed, non-transparent fund that combines Environmental, Social, and Governance (ESG) factors with value-oriented investing. The fund employs the Precidian non-transparent model and was introduced on February 1, 2021. The fund is managed by Gabelli. For those interested in staying updated on the latest news and analysts ratings for Gabelli Love Our Planet & People ETF and related companies, subscribers can receive a daily summary through MarketBeat.com s free email newsletter. By entering an email address, individuals can receive concise updates on the ETF s performance and relevant market information.
Source: tickerreport.com
Published on 2024-10-05
Head - To - Head Analysis : CapitaLand Integrated Commercial Trust ( OTCMKTS : CPAMF ) versus InvenTrust Properties ( NYSE : IVT )
CapitaLand Integrated Commercial Trust (CICT) and InvenTrust Properties (IVT) are both real estate companies, but they differ in several key aspects. Institutional and Insider Ownership: IVT has a higher institutional ownership (61.7%) compared to CICT (20.1%). This suggests that IVT may be perceived as having more potential for long-term growth. Valuation and Earnings: IVT has higher revenue ($263.01 million) and earnings ($5.27 million) than CICT. However, CICT has a lower price-to-earnings ratio (9.93), indicating it is more affordable. Analyst Ratings: IVT has a consensus target price of $31.33, suggesting a potential upside of 6.32%. This indicates that analysts believe IVT has more growth potential than CICT. Dividends: CICT pays a higher dividend yield (6.0%) and a lower payout ratio (59.1%) compared to IVT (3.1% yield and 900.0% payout ratio). This suggests that CICT is a more reliable dividend stock. In summary, InvenTrust Properties (IVT) outperforms CapitaLand Integrated Commercial Trust (CICT) in terms of institutional ownership, revenue, earnings, and analyst ratings. However, CICT has a more favorable dividend profile. Investors should consider their priorities when choosing between these two real estate companies. If growth potential and higher earnings are the main focus, IVT may be the better choice. If a reliable dividend and lower valuation are more important, CICT may be the preferred option.
Source: tickerreport.com
Published on 2024-10-05
Is Nuclear Power the Future of Green Energy for Big Tech ?
Google CEO Sundar Pichai revealed in an interview that Google is exploring nuclear energy as a potential green source to power its AI data centers. This comes amidst the company s ambitious goal to achieve net-zero emissions by 2030, despite a 48% increase in greenhouse gas emissions in 2023 compared to 2019. Pichai mentioned that Google is considering additional investments in solar and evaluating technologies like small modular nuclear reactors. The tech giant s interest in nuclear energy follows Microsoft s agreement to power its AI data centers with dormant Three Mile Island nuclear plant in Pennsylvania. Additionally, Sam Altman-backed Nuclear SMR company Oklo has finalized an agreement with the Department of Energy to advance the next phase of the SMR at the Idaho National Lab. Furthermore, the Biden administration has closed a $1.52 billion loan with Holtec s Palisades nuclear plant in Michigan to revive it. Michael Alkin, Chief Investment Officer at Sachem Cove Partners, sees the Microsoft-Three Mile Island deal as a wake-up call for those not paying attention to the increasing demand for uranium. The restart of Three Mile Island takes that to a bit of a different level, as the funding markets are becoming more receptive to nuclear deals. Goldman s latest note on uranium prices suggests that they are expected to stairstep higher over time. In summary, Google is exploring nuclear energy as a potential green source to power its AI data centers, following Microsoft s agreement with the dormant Three Mile Island nuclear plant. The interest in nuclear energy is driven by the need to achieve ambitious net-zero emissions goals and the increasing demand for uranium. The funding markets are also becoming more receptive to nuclear deals, as seen in the Microsoft-Three Mile Island agreement and the Biden administration s loan to Holtec s Palisades nuclear plant.
Source: oilprice.com
Published on 2024-10-05
IT News Online - Tech Mahindra Foundation Launches Tech Mahindra SMART Academy for Digital Technologies in Delhi
The Tech Mahindra Foundation, in partnership with the Centre for Innovation and Entrepreneurship (CIE), Jamia Millia Islamia (JMI), and AT&T Global Network Services India Pvt. Ltd. (AGNSI), inaugurated the SMART Academy for Digital Technologies in Delhi on October 4, 2024. The initiative aims to empower India s youth with high-quality vocational courses in digital technologies, enhancing their employability in sectors like healthcare, IT, and logistics. Prof. Md Shakeel, Vice-Chancellor of JMI, highlighted the importance of equipping the youth with new-age skills and an entrepreneurial mindset. The SMART Academy will offer courses such as Graphic Design, Digital Marketing, and Java Full Stack Development, along with foundational courses in English, IT, and soft skills. Mr. Arun Karna, MD & CEO of AGNSI, emphasized India s potential to bring about global transformation through its young talent pool and thriving start-up ecosystem. The SMART Academy for Digital Technologies is seen as a crucial step in empowering the next generation of workers with advanced skills and promoting a culture of innovation. Mr. Chetan Kapoor, CEO of Tech Mahindra Foundation, stated that their initiatives align with market trends and nurture youth accordingly. The SMART Academy for Digital Technologies interweaves new-age technologies with soft skills and personality development. Tech Mahindra, part of the Mahindra Group, is a leading multinational federation of companies with a strong presence in various sectors. The group is committed to leading ESG initiatives globally, enabling rural prosperity, and enhancing urban living. The Centre for Innovation and Entrepreneurship (CIE) at JMI fosters entrepreneurial thinking and skills development through initiatives like the Livelihood Business Incubator (LBI) and the SMART Academy for Digital Technologies and Entrepreneurship. The Design Innovation Centre (DIC) further strengthens this ecosystem by driving creative problem-solving and
Source: itnewsonline.com
Published on 2024-10-05
LGBTQ100 ESG ETF ( NYSEARCA : LGBT ) Trading Down 0 . 3 % – What Next ?
The LGBTQ100 ESG ETF (NYSEARCA:LGBT) experienced a slight decline of 0.3% during Wednesday s trading session, with the stock reaching a low of $26.61 and closing at the same price. The trading volume for the day was 1,700 shares, which is a decrease of 4% compared to the average session volume of 1,772 shares. The stock s 50-day and 200-day moving average prices remain steady at $26.61. Investors interested in receiving daily updates on the LGBTQ100 ESG ETF and related companies can subscribe to MarketBeat.com s free daily email newsletter for news and analyst ratings.
Source: tickerreport.com
Published on 2024-10-05
Media Advisory : TransAlta Third Quarter 2024 Results and Conference Call Form 6 K
TransAlta Corporation, a leading power generation company with operations in Canada, the United States, and Australia, will release its third quarter 2024 results on November 5, 2024. The company will also host a conference call and webcast to discuss the results, starting at 9:00 a.m. Mountain Time (11:00 a.m. ET). Media and interested parties can register to participate via telephone or webcast link provided. TransAlta, with over 113 years of experience, is one of Canada s largest wind power producers and Alberta s largest hydroelectric power producer. The company focuses on long-term shareholder value and provides affordable, energy-efficient, and reliable power to municipalities, industries, businesses, and utility customers. TransAlta has demonstrated a strong commitment to sustainability, achieving a 66% reduction in GHG emissions since 2015 and receiving an upgraded MSCI ESG rating of AA. The company s reporting on climate change management follows the International Financial Reporting Standards (IFRS) S2 Climate-related Disclosures Standard and the Task Force on Climate-related Financial Disclosures (TCFD) recommendations. For more information about TransAlta, interested parties can visit the company s website or contact the Investor Relations and Media Relations departments. All financial figures are in Canadian dollars unless otherwise indicated.
Source: marketscreener.com
Published on 2024-10-05
Putnam ESG Ultra Short ETF ( NYSEARCA : PULT ) Plans $0 . 22 Dividend
The Putnam ESG Ultra Short ETF (NYSEARCA:PULT) announced a dividend of 0.2155 per share on October 4th, with the ex-dividend date also on October 4th. The ETF s share price remained stable at $50.54 on October 3rd, with 3,495 shares traded, below its average volume of 11,492. The fund s fifty-day moving average is $50.61, and its two-hundred day moving average is $50.47. The twelve-month low and high for the ETF are $50.02 and $50.77, respectively. The Putnam ESG Ultra Short ETF is an exchange-traded fund that primarily invests in investment-grade fixed income securities worldwide, adhering to specific environmental, social, and governance (ESG) criteria on a sector-specific basis. The fund aims to maintain an average weighted maturity of four years or less. In addition, subscribers can receive a daily summary of news and analyst ratings for the Putnam ESG Ultra Short ETF and related companies through MarketBeat.com s free daily email newsletter. This service provides concise updates on the latest developments in the ETF and its associated companies.
Source: tickerreport.com
Published on 2024-10-05
R Gopalakrishnan : AI Cant Be Left To Techies ! - Rediff . com India News
The Brahma Mantra for mankind, as articulated by R Gopalakrishnan, emphasizes the importance of leaders with humane, compassionate, and no-nonsense thinking in the era of artificial intelligence (AI). Gopalakrishnan, despite his lack of technical expertise, contributed to discussions on AI at a security conference, highlighting the need for leaders to understand user perspectives and the political and social implications of technology. The mantra underscores the significance of natural intelligence, which encompasses humanism, conscience, and compassion, in guiding the development and application of AI. Gopalakrishnan warns against the hype surrounding AI and the fear of its potential to overshadow human intelligence. He points to historical examples, such as Stanislav Petrov s decision to question the authenticity of a false alarm during the Cold War, as instances where human judgment prevailed over technology. Gopalakrishnan also draws attention to the four ascending stages of the human mind: thinking, ego, intellect, and consciousness. He suggests that consciousness, which hosts the potent chitta, is unlikely to be replicated by AI in the foreseeable future. He advocates for the globalization of humanism and compassion as essential attributes for humanity s survival in the face of technological advancements. In conclusion, Gopalakrishnan s Brahma Mantra for mankind calls for leaders to prioritize humane, compassionate, and no-nonsense thinking in the development and application of AI. He emphasizes the importance of natural intelligence, humanism, and compassion in guiding technological progress and warns against the hype surrounding AI. The mantra serves as a reminder that human judgment and values should remain at the forefront of technological advancements.
Source: rediff.com
Published on 2024-10-05
RPC releases Retail Compass report examining sustainability priorities for retailers / consumer brands
The retail industry is experiencing rapid developments in environmental, social, and governance (ESG) factors, driven by consumer demand for sustainability and ethical practices. RPC s Retail Compass highlights the importance of ESG in shaping the future of retail and consumer markets. As public interest in sustainability grows, with 64% of global consumers concerned about environmental issues, retailers have the opportunity to build customer loyalty and demonstrate commitment to meaningful change. Regulatory changes, such as the EU Eco-design Regulation and the Green Claims Code, are pushing retailers towards more sustainable practices. Mandatory Scope 3 carbon reporting is also increasing transparency and encouraging customers to make sustainable choices. Technological advancements, including AI and blockchain, are transforming the customer experience by enabling shoppers to find businesses and products that align with their values. This shift is not only beneficial for consumers but also for retailers, as strong ESG practices can help establish a positive brand reputation, attract and retain top talent, and drive business growth. Ciara Cullen, a partner in RPC s Retail & Consumer group, emphasizes that ESG is a strategic imperative that impacts every aspect of retail and consumer companies. By embracing sustainability and social responsibility, retailers can navigate changes in regulation and consumer behavior, ultimately benefiting both their business and the environment. In summary, the retail industry is facing a pivotal moment as ESG factors become increasingly important for consumers and regulators alike. Retailers that prioritize sustainability and ethical practices will be better positioned to thrive in this evolving landscape, while those that fail to adapt may face reputational and financial risks.
Source: retailtimes.co.uk
Published on 2024-10-05
Synertrade CEO on Supply Chain Reputation Management
The supplier database is a critical component of effective supplier relationship management (SRM), enabling businesses to manage day-to-day relationships with strategic suppliers more efficiently. By integrating identity resolution and data from third-party providers, companies can identify unforeseen issues and maintain a single source of truth. Advanced analytics further facilitate the monitoring of trends and changes, allowing for quicker identification of escalation needs and enhancing proactive risk management. To ensure suppliers consistently meet business standards, organizations must implement effective SRM practices. This includes streamlining compliance through documentation automation, tracking regulatory changes, and monitoring procurement processes. The digital transformation of procurement functions provides decision-makers with the necessary oversight and data to avoid risks in their supply chain environments. Recent incidents involving large retailers highlight the importance of proactive monitoring and addressing procurement issues, as they can quickly become headline news stories and cause reputational damage. Having the right SaaS solution in place can help manage this process more effectively. Prioritizing risk management in procurement functions is crucial in an uncertain global operating environment. Organizations must be prepared to swiftly mitigate risks, such as ESG concerns and changing legal requirements. Risk management should also encompass contingency planning to prepare teams for supplier failures or emergencies. In conclusion, businesses must prioritize risk management in their procurement functions to stay ahead and maintain control over their operations and supply chain environments. By leveraging supplier databases, advanced analytics, and the right SaaS solutions, companies can effectively manage supplier relationships, ensure compliance, and mitigate risks in their procurement processes. For more insights and resources, consider exploring the latest edition of Supply Chain Magazine and joining the global conference series, Procurement and Supply Chain LIVE 2024. Supply Chain Digital is a BizClik brand.
Source: supplychaindigital.com
Published on 2024-10-05
Top 100 CEOs in Africa 2024 - Maurice Info
The African CEO Magazine will release the Africa s Top 100 CEOs list in December 2024, showcasing the best-performing business leaders in Africa based on financial returns and environmental, social, and governance (ESG) practices. The initiative aims to spark discussions on leadership, growth, ESG, and sustainability in Africa s business landscape. The ranking process involves evaluating CEOs performance over their average tenure of 10 years, considering both financial and ESG factors. The magazine prioritizes CEOs of companies listed on stock exchanges, as they are subject to regulations and international standards like good corporate governance, sustainability reporting, and financial transparency. The 2024 ranking will serve as a definitive list of corporate leaders in Africa, highlighting their ability to navigate challenges such as digital disruption, economic shifts, and geopolitical uncertainties. The initiative, inspired by Jim Collins concept of the flywheel, emphasizes the importance of building momentum and consistency in business leadership. The Africa s Top 100 CEOs initiative aims to promote a deeper understanding of how society should measure a business leader s performance, encouraging discussions on leadership, growth, ESG, and sustainability across the continent. The annual ranking will help identify and celebrate the most successful and impactful CEOs in Africa.
Source: maurice-info.mu
Published on 2024-10-05
Yokogawa launches wireless steam trap monitoring device
Yokogawa Electric Corporation has introduced a new ATEX-compliant wireless steam trap monitoring device as part of its Sushi Sensor range, specifically designed for steam trap status monitoring in steam piping systems. Developed in collaboration with Armstrong International, this product aims to address the high costs and labor-intensive nature of current steam trap inspections. Steam traps are crucial components in various equipment, such as heat exchangers and humidifiers, as they remove condensate and ensure efficient heat transfer. Failures in steam traps can lead to significant energy losses, costing tens of thousands to millions of US dollars annually. The new device offers automatic detection of steam trap status using high-quality temperature and acoustic sensors, capable of functioning in environments with a maximum steam temperature of 440°C. The device utilizes long-range wireless LoRaWAN communication, allowing it to monitor equipment over distances of up to around 1km. This feature enables the installation of monitoring devices at various locations, connecting them to a single gateway and reducing network construction costs. By integrating this device with Yokogawa s on-premise GA10 data logging software or similar cloud-based software, centralized monitoring of steam traps and other equipment can be achieved. This not only improves inspection consistency but also reduces the need for frequent on-site inspections. Hiroshi Tanoguchi, Yokogawa s vice president and executive officer, emphasized the company s commitment to enriching the Sushi Sensor family of solutions and providing energy monitoring solutions based on steam trap status. This will help customers calculate projected energy losses in monetary terms and create maintenance plans, prioritizing high-risk equipment. The new product is currently available in Malaysia, Singapore, Thailand, and Saudi Arabia, with plans to release it in the USA, Europe, and India in compliance with various explosion-protected standards. This innovative solution aims to help customers reduce greenhouse gas emissions and achieve their ESG management targets.
Source: oilreviewmiddleeast.com
Published on 2024-10-05