Remove Divestment Remove Supply Chain Remove Supply Chains
article thumbnail

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.

article thumbnail

Why investors are putting biodiversity on the balance sheet

GreenBiz

Nordea’s divestment, along with pressure from other institutions, such as Norwegian pension fund KPL, led to a pledge from JBS to use blockchain to monitor its entire supply chain by 2025, including the problematic "indirect suppliers" that have been linked to illegal deforestation.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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.

article thumbnail

ESG Today: Week in Review

ESG Today

Texas Places BlackRock, Credit Suisse & UBS on Divestment List for “Boycotting” Fossil Fuel Companies in Anti-ESG Backlash. Canada Signs EV and Battery Supply Chain Agreements with Volkswagen, Mercedes-Benz. Diginex Launches “Worker Voice” Supply Chain Transparency Platform. ESG Services and Tools.

article thumbnail

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.

article thumbnail

ESG Today: Week in Review

ESG Today

Billion From BlackRock Over ESG Investing BlackRock Calls Texas Decision to Divest $8.5 This week in ESG news: Texas pulls $8.5 Renewables Developer Avantus Renovare Raising $7.5 Million to Turn Landfill Waste into Renewable Biofuels ESG Investing Texas Pulls $8.5

article thumbnail

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

3BL Media

They also demonstrate the confidence we have in our facilities in France, and our full commitment to serving our customers, our teams, and the planet.” dollar, (18) changes in tax laws or U.S. dollar, (18) changes in tax laws or U.S. dollar, (18) changes in tax laws or U.S.