Remove 2023 Remove Divestment Remove Supply Chains
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ESG funds pouring millions into meat company linked to Brazil deforestation

Corporate Knights

Funds marketed as environmentally friendly are being used by major asset managers to funnel millions of dollars to the world’s largest meatpacker, JBS, a company notorious for its links to deforestation and human rights abuses via its supply chain. JBS is widely regarded as an ESG pariah.

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ESG Explainer: Modern Slavery in the Supply Chain

Chris Hall

The impact of human rights abuses in portfolio companies and their supply chains is becoming more apparent to investors. Martin Buttle, Head of Good Work at NGO ShareAction says, given the estimates, “there is a very real chance that victims are present in the global supply chains” of investee companies.

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The 10 Big Things To Watch Across World’s Energy Markets in 2023

3BL Media

The 10 Big Things To Watch Across World’s Energy Markets in 2023. Wed, 01/11/2023 - 14:05. BloombergNEF has analyzed these and other key developments, and here we look forward to what might be coming in 2023. As road and air traffic rebound, the International Energy Agency estimates China’s 2023 oil demand to climb by about 0.78

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Global ESG Due Diligence + Study 2024

3BL Media

A follow-up study in the US in 2023 found similar developments, albeit slight less pronounced than in the EMEA region. On data quality, we see a great opportunity for sellers and sell-side advisors to drive value from divestments by commissioning higher-quality ESG vendor documentation. ESG in deal is rapidly maturing.

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Record Investment for O-I Glass in France: €95 Million to Upgrade Plants in Gironcourt and Reims

3BL Media

The Reims plant, which celebrated its 150 years anniversary in 2023, is a model for O-I’s overall sustainability efforts. billion in 2023. In total, O-I has invested €90 million into the Reims site since 2019, when its other furnace was rebuilt—contributing to making it one of the most modern plants within O-I’s global footprint.

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Diversify for a Just Transition

Chris Hall

Given multinationals’ complex global supply chains and trading relationships, the vast majority of today’s goods are sourced and produced far from where they are sold and consumed. Where these programmes fail, however, is in geographies where state-imposed forced labour is prevalent.

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ILO: Forced Labour Lines Private Sector Pockets

Chris Hall

Research finds negligible decline in state-imposed forced labour despite regulation, as Asia’s central position on issue draws eyes to Uyghur solar supply chain risk. million people – many of whom are from the Uyghur ethnic minority – in detention camps, prisons, and factories linked to the solar energy supply chain.