Why should the technology sector embrace ESG?
The term “tech industry” refers to the collection of companies and businesses that operate in the technology sector, which encompasses a broad range of activities related to the development, manufacturing, and use of technology products and services. The tech industry plays a pivotal role in driving economic growth, fostering innovation, and transforming various sectors. It […]
What’s Shaping ESG Investing in 2024? – Spotlight on the Impact of Investment Strategies and Regulatory Frameworks
Introduction Environmental, Social, and Governance (ESG) investing is a strategy which considers a company’s performance in three key areas of impact: environmental sustainability, social justice, and ethical governance. Investors incorporating ESG factors into their decision-making process seek to align their investments with companies which demonstrate positive practices in the above areas. This approach to investment […]
What are ESG frameworks? Understanding the most widely used ESG Frameworks
Environmental, Social, and Governance (ESG) frameworks are structured systems that provide guidelines for organizations to assess, manage, and disclose their performance in these three critical areas. These frameworks are essential tools for companies looking to integrate sustainability and responsible practices into their core operations. ESG frameworks contribute to standardizing reporting, aiding investors, stakeholders, and the […]
The Three Pillars of ESG
Introduction: In the modern business landscape, there is a growing recognition of the importance of sustainable and responsible business practices. To address the multifaceted challenges of our interconnected world, a framework has emerged that encompasses three key dimensions or pillars: Environmental, Social, and Governance, collectively known as ESG. These three pillars form the foundation upon […]
The TCFD Standard: Significance and Consulting Practice
Introduction: In 2015, the Financial Stability Board (FSB) established an industry-led task force- The Task Force on Climate-related Financial Disclosures (TCFD), under the chairmanship of Mark Carney, to recognize the information needed by investors, lenders, and insurances underwriters to evaluate and price the climate-related risks and opportunities. The TCFD was asked to design and develop […]
Sustainable Lending Practices and ESG
Sustainable lending entails integrating environmental, social, and governance (ESG) criteria into the lending process to promote responsible financial practices. It involves assessing the environmental and social impacts of loans, considering factors such as carbon emissions, resource conservation, labor practices, and community relations. By incorporating ESG factors into risk assessments, lenders can better manage potential risks […]
Sustainability Trends in the Automotive Industry: A Focus on EV’s and Alternative Fuels
Growing Trends in achieving Environmental Sustainability in the Automotive Sector: Current trends in the automotive industry focus on zero emission vehicles such as the Electric vehicles (EVs) and environmentally sustainable manufacturing practices to offset climate change. In 2022 alone, EV car models recorded a strong increase in sales compared to 2021 according to an IEA […]
Navigating CSRD Reporting for Companies in the EU and the role of VSME standards for non-listed SMEs
The Corporate Sustainability Reporting Directive (CSRD) framework marks a transformative shift in the European Union’s (EU) reporting landscape, compelling large companies and Small and Medium Enterprises (SMEs) to disclose their environmental and social impact activities. By aligning with global initiatives like the Paris Climate Agreement and the EU Green Deal, the CSRD framework enhances transparency […]
ESG Policies in the Energy Sector: A Focus on Existing and Emerging Policies across the U.S., Europe, and India
The International Trade Administration estimates that the global energy market was valued at around USD 6 trillion in 2020. In the same year, the U.S., which is a global leader in the supply and production of energy gained USD 123.7 billion through the export of energy equipment, technologies, and energy products. The energy industry plays […]
ESG Compliance and what it means to be ESG compliant
Environmental, Social, and Governance (ESG) has gained rapid adoption within the investment community and among firms as a framework that helps them understand how an organization can manage their sustainability risks and opportunities related within an industry. By adopting ESG practices and being ESG-compliant within their operations organizations can better measure, manage, and report their […]
