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October 14, 2024 /3BL/ - AEG, the world’s leading sports and entertainment company, and Bank of Montreal sponsored the inaugural LA Sports & Entertainment Supplier Diversity Summit hosted by the Office of Los Angeles Mayor Karen Bass on October 10, 2024. businesses should benefit from the major upcoming events that L.A.
By Candace Higginbotham | February 6, 2025 On a crisp January morning, an intrepid team of Birmingham associates walked two blocks east from Regions Center to take part in a city-wide event to honor a valuable community partnership and celebrate new opportunities for local children. Regions will play a big role in those efforts, as well.
In its deep dive into the worlds most sustainable private- and public-sector companies, Corporate Knights revealed an undeniable fact: public-sector companies are doing essential work when it comes to moving the needle toward a greener globaleconomy. It is also one of the biggest green financiers globally. That now includes 7.6
As the lynchpin of the globaleconomy, financial institutions not only carry a responsibility to help mitigate climate change, they are also vulnerable to its financial risks. That climate risks are systemic risks for banks is clear. The top-down analysis that we did in our reports covers a specific piece of the biggest U.S.
30 of our newest annual event: GreenFin , taking place in April. It drew the attention of a number of friends, colleagues and veritable strangers who wanted to discuss the event’s themes, tracks and topics. That’s the realm of banks and other financial institutions. "OK, Let me explain. OK, then," I ventured. Well, almost.
"Finance professionals make up a fraction of the global population but are positioned to make and incentivize decisions that can shape the trajectory of the globaleconomy," observed Ogechukwu Anyene, energy consulting manager at PowerAdvocate, who was part of the Emerging Leaders cohort at GreenBiz Group’s inaugural GreenFin event.
Climate solutions - As extreme weather events increase, and the transition to a netzero globaleconomy picks up steam, Bloomberg is expanding its climate solutions to help corporate strategy, finance and policy professionals better identify, assess, manage and report climate risks and opportunities.
This sixth annual Forum will mark Singapore’s fourth time as host, following the inaugural event in 2018 and subsequent events in 2021 and 2022. Last year’s delegates included TikTok Chief Executive Officer Shou Chew; former World Bank Managing Director of Development Policy and Partnerships Mari E.
Market Platforms Regulators require exchanges, marketplaces, banks, and brokers to monitor an array of risks because the default of one or a group of participants could rapidly result in contagion across the financial markets. In addition, clients can collaborate through Verafin’s Information Sharing platform to fight crime.
kilograms of plastic waste from entering the ocean since the start of our partnership with Plastic Bank [1] 100% renewable electricity sourcing at all CooperVision facilities in New York and the United Kingdom Governance Adherence to high standards of ethics, compliance and accountability provides long-term value for our stakeholders.
But many challenges remain, some of which have been highlighted by events that have played out in Africa’s largest economy over the past year. In recent years, the proliferation of mobile devices, along with the continent’s poor banking infrastructure, have made Africa fertile ground for explosive growth in mobile money use.
These events further shocked our collective consciousness. The Ceres Roadmap 2030 details the steps companies can take to build a just and inclusive economy, stabilize the climate and protect water and natural resources in order to address the systemic threats most likely to disrupt the globaleconomy in the coming decade.
Companies face a growing array of climate risks more immediate and severe than previously believed, from extreme weather events disrupting supply chains to rising climate litigation and regulations against carbon-intensive industries. For many, it’s simply because they don’t understand it.
“The harsh reality is that emissions are continuing to rise,” says Philipponnat, adding that much of the discussion among policymakers has centred around reducing the CO2 intensity of our globaleconomy. As these perilous climate projections unfold, one might expect an inevitable upheaval in the globaleconomy.
The Real World Climate Scenarios initiative aims to address the issue by developing more relevant scenarios that integrate the complex the overlapping impacts such as geopolitical, extreme weather events, migration and stranded assets, among others.
Dr Amr Abdel-Aziz , President of Cairo-based Integral Consult – part of the global Inogen Alliance of environmental consulting firms, played an essential role at COP27, as a member of the presidency team serving as the Lead of the “Mitigation and Transparency” Teams.
The resources included deep-dive guidelines for seven sectors – including asset owners, asset managers and banks; high-level guidance for 30 sectors of the globaleconomy; and advice on how to undertake a transition planning cycle.
B Locals Strengthen Community Connections Through Events and Collaboration Leaders of B Corp networks, including B Locals, gathered at Champions Retreat 2022. B Locals in the United States and Canada play an important role in building an inclusive economy by connecting business leaders and expanding the Certified B Corporation community.
There needs to be a way of paying for the delayed benefit of the human labor involved in the whole chain of events that leads to the finished output. With the high level of debt that the world economy has today, major defaults are a worry. If any substantial number of banks are propped up, this will add to inflationary pressure.
SDSN co-hosted three side-events at the conference on issues that will be decisive for the future of development finance: bridging the infrastructure gap in Africa, forging links between development and climate finance, and harnessing the data revolution to drive sustainable development. The press release is available here.
As we observe the United Nations’ World Oceans Day 2024, we pay special attention to polar waters, their global roles and transformations, emerging opportunities they present, and our connection to them as businesspeople. Vital and vulnerable Just like weather patterns and events, the oceans are also transforming.
Such were the words of Snorre Gjerde, Lead Investment Stewardship Manager at Norges Bank Investment Management (NBIM), as he evidenced the need for a better view of companies’ exposure to biodiversity risk and their impact on nature, speaking at an event hosted by the Global Reporting Initiative (GRI).
Supercharged weather – Global warming is “ supercharging ” extreme weather events, according to scientists, leading to a rise in their frequency and severity. With extreme weather events on the rise, it’s not just the natural world at risk.
Kristensen, who joins from a similar role at Federated Hermes – following spells at Jyske Bank and Neuberger Berman – reports to Client Group Co-head Paul Voûte, who has made deepening institutional relationships a priority since taking up his role in 2022. “It’s fair to say there is a certain cultural fit across the region,” he said.
Even Germany’s decision to permanently shelve Nord Stream 2 , the partial ejection of Russian banks from Swift , and oil and gas majors exiting equity partnerships with Russian companies in recent days have been ignored by the former intelligence officer. Economic sanctions have so far failed to shake President Vladimir Putin’s resolve.
The Transition Plan Taskforce’s (TPT) finalised disclosure framework aims to “remove friction” for preparers of climate transition plans by aligning with the work of the International Sustainability Standards Board (ISSB) and Glasgow Financial Alliance for Net Zero (GFANZ).
According to the World Bank , daily per capita waste in developed markets is expected to increase by 19% by 2050,” Stefanie Mollin, Global Equities Portfolio Manager at GIB Asset Management (GIB AM), a UK-based boutique with US$6 billion in AUM, told ESG Investor. billion tonnes. The economic cost is also substantial.
Paul Polman, Chair of the International Chambers of Commerce and the UN Global Compact, and Co-Founder of IMAGINE, said, “ Happiness and the Sustainable Development Goals are nearly the same…. We were also reminded throughout the event that unity is key. It’s going to take all of us working together to get through this.”
This was one of the takeaways from a World Resources Institute (WRI) event held during COP16, in which panellists discussed ways to crowd-in more private funding to NbS – a crucial contribution to plug the US$200 billion annual shortfall in financing for nature.
"Intent does not always equal impact," Renaye Manley, deputy director of strategic initiatives at the Service Employees International Union (SEIU), said during GreenBiz’s inaugural GreenFin event earlier this April. Throughout the event, they and other panelists returned to that same message: We want results.
In this article, I’ll summarise key events defining 2022 and present four sustainability trends that will prepare you to create an impact in 2023. Goldman Sachs ‘s and Deutsche Bank’s DWS) for exaggerating claims about their products’ sustainability credentials. 2022 Sustainability Summary.
And, of course the heroic responders to all these events, not to mention an entire generation of youth who fear their future is being stolen before their eyes, marching in the streets. economy throughout this century, especially in the absence of increased adaptation efforts.” So many people and stories. Sub-systemic shocks.
That loss would be a massive hit to the globaleconomy. is not a party to the convention, but that matters little in these days of the globaleconomy and the multinational companies many of you work for or the international supply chains you are all part of. I have to clarify that the U.S.
The frequency of catastrophic heatwaves, flooding and droughts continues to have an increasingly deadly and devastating impact on all parts of society—including the globaleconomy. Go to [link] for a full list of events featuring Ceres staff as well as the latest updates. The latest National Climate Assessment found the U.S.
In the aftermath of the 1973 oil crisis , finance ministers from six of the world’s leading economies — France, Germany, Italy, Japan, the UK, and the US — formalized talks they had been having about the state of the globaleconomy and international politics.
Extensive trade liberalization, often referred to with the shorthand term “globalization,” stands as one of the most transformative economic events of the last century — and also one of the most controversial. What Does the Future Hold for Globalization?
For example, the Mission Possible Partnership gets leading heavy-industry companies, banks and governments to create investment-grade “net-zero” sector strategies in seven key areas of the globaleconomy — aviation, shipping, trucks, chemicals, steel aluminum and cement.
With around 70% of the globaleconomy now committed to net-zero greenhouse gas emissions, the urgency of exiting coal and completely phasing out fossil fuel subsidies is clear. and the European Union, now covers more than two-thirds of the globaleconomy. Coal emits around 980 grams of CO2 per kilowatt hour (kWh), 2.5
Its loans to lower-income countries total nearly as much as those of all other governments combined , according to the World Bank. A major cause of China’s meteoric rise in emerging markets is that its EHM strategy promotes the ideal of a life economy. By taking these steps, U.S. John Perkins is an author, speaker and former economist.
Key Takeaways: The initial wave of sanctions targeted Russian banks and the financial industry plus individual “inner circle” elites, with more sanctions likely to follow in the coming weeks as events unfold. The entities designated on February 24, 2022 include: VTB Bank Public Joint Stock Company (“VTB”) and 20 of its subsidiaries.
Celine Herweijer, Partner, Global Innovation and Sustainability Leader, PwC. The newly anointed group sustainability chief for one of Europe’s largest banks, HSBC — a role she will assume in July — London-based Celine Herweijer is a familiar feature in the continent’s corporate climate movement. LinkedIn | Twitter. LinkedIn | Twitter.
The work of the TCFD paved the way, in 2021, for the launch of the Net-Zero Banking Alliance (NZBA), an international cohort of banks committed to transitioning their financed emissions. At its peak, the NZBA included 140 banks representing around US$64 trillion in assets. What are the risks?
Navigating climate-related financial risks Climate changes financial impact is becoming increasingly clear amid more extreme weather events temperature rises and more frequent storms, as well as increased droughts in some regions and rising precipitation in others. Extreme weather events are becoming more and more frequent and costly.
Businesses, banks, and investors. and banks are moving away from fossil fuels and biodiversity loss. A historic number of banks and asset managers who manage holdings in excess of 130 trillion have pledged to adopt science-based climate targets. Nature is the substrate of everything including our economy.
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