ESG Archive

Feb 19, 2021
Meta-study underlines ties between ESG and corporate success
A new meta-study looking at a wide array of research from the past five years underlines the links between ESG and positive outcomes for companies and investors. Researchers from the NYU Stern Center for Sustainable Business and Rockefeller Asset Management looked at 1,141 peer-reviewed papers and 27 meta-reviews – themselves based on roughly 1,400 studi...
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Feb 11, 2021
ESG and diversity among keys to success, investors say
Investors say addressing ESG matters and board composition will be among the most important factors in determining companies’ futures in the coming years, according to a new survey from EY. Asked to name the three biggest drivers of strategic success over the next three to five years, almost half (47 percent) of those surveyed mention integration of material ESG opportunities into strategy. The other top-rated answer, also given by 47 percent of respondents, is qu...
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Feb 10, 2021
How to examine your company’s exposure to ESG risk in AI systems
Endemic failures in ESG issues cause public harm, can ruin a business’ reputation and ultimately even threaten its existence. But there remains one sector not subject to ESG impact and risk disclosures: responsible artificial intelligence and autonomous systems (AI systems). To overlook AI systems in any material dataset of ESG metrics can be likened to building the spine of responsible business and omitting the spinal cord at its center. AI systems could be respo...
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Jan 29, 2021
Companies sign up for new ESG stakeholder metrics
Dozens of business leaders this week committed their organizations to using a new set of ESG-related metrics and disclosures developed in collaboration with the Big Four accounting firms. The 61 signatories, revealed at the World Economic Forum’s Davos conference, will start using ‘stakeholder capitalism metrics’ as an initiative intended to speed up convergence among the main private ESG standard-setters and to bring greater comparability and consistency to E...
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Jan 26, 2021
Companies should disclose plans for net-zero carbon economy, says Fink
Companies should disclose a plan explaining how their business model will operate in a net-zero carbon economy, BlackRock CEO Larry Fink says in his annual letter to business leaders. The head of the world’s largest asset manager says companies reacting slowly to climate change will see their valuations suffer and could be dropped from BlackRock’s active po...
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Jan 13, 2021
SSGA targets diversity disclosures in voting practices
State Street Global Advisors (SSGA) is ramping up the pressure for improved diversity and inclusion disclosures as part of its 2021 proxy voting and engagement plans. In a letter to board members this week, SSGA CEO Cyrus Taraporevala announced proxy voting practices intended to make sure that companies are transparent about the racial and ethnic composition of their boards and workforces. According to these practices: In 2021 SSGA will vote against the...
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