ESG Native
Saturday, 02 November 2024 18:55
Euronext’s Push for Sustainable Finance: Paving the Way for ESG Transparency and Green Investment Options
Euronext, a prominent pan-European stock exchange operating across countries such as France, Belgium, and the Netherlands, is making strides to lead European financial markets toward a more sustainable future. Known for connecting capital markets and offering a wide range of trading services—including equities, ETFs, and bonds—Euronext has recently introduced a suite of initiatives aimed at enhancing transparency in Environmental, Social, and Governance (ESG) metrics and promoting green finance options. These efforts align with the European Union's strengthened regulations on ESG and reflect Euronext’s commitment to driving financial growth in tandem with sustainability. Driving ESG Transparency Across European Markets A primary…
Sunday, 08 September 2024 23:04
ASN Divestment in Clothing Companies - Perspective on the Increasing Role of ESG in Securing Finance and Investment
Recently, ASN Impact Investors, the asset management division of the Netherlands-based ASN Bank, divested approximately 70 million euros worth of shares in the clothing industry. This move, although significant in terms of seriousness towards sustainable investment, represents little less than 2 percent of their 4.2 billion euros in assets under management. The decision was prompted by the lack of sufficient sustainability progress among major fashion brands such as H&M, Zara, and Asics. The focus on Environmental, Social, and Governance (ESG) continues to grow, largely driven by regulations, and growing awareness of sustainability issues. Investors are also prioritizing ESG factors in…
Sunday, 01 September 2024 20:20
Centre for Science and Environment (CSE) publishes a report on India’s Carbon Market
The Centre for Science and Environment (CSE) has released a detailed report titled “The Indian Carbon Market: Pathways towards an effective mechanism.” This report provides a comprehensive roadmap for the successful implementation of India’s upcoming carbon market. Here are some key highlights: Transition from PAT to ICM The report discusses the transition from the existing Perform, Achieve and Trade (PAT) scheme to the Indian Carbon Market (ICM). The PAT scheme, while well-intentioned, faced several challenges in implementation, leading to only marginal emissions reductions. The ICM aims to address these issues and accelerate emissions reduction, especially in hard-to-abate sectors. Key Recommendations…
Saturday, 31 August 2024 21:08
Australia Passes Treasury Laws Amendment Bill 2024 , detailing corporate obligation on climate risk reporting, harmonizing AFRS with IFRS, & expansion of the reporting to include investors.
In August 2024, Australia passed the Treasury Laws Amendment (Financial Market Infrastructure and Other Measures) Bill 2024 with key focus on climate risk disclosures (mandatory), accountability and global alignment. The legislation introduces critical reforms that can also bolster Australia’s positioning as the key destination for inflow of the international capital. Under the new bill, large Australian companies—both listed and unlisted—will be required to provide standardized climate information starting in 2025. ASIC, Australia’s corporate watchdog, will also establish a team to administer and oversee compliance under the new obligations. The new legislation brings in the following provisions around climate reporting /…
Sunday, 05 May 2024 20:55
Embracing the Growing Imperative of ESG Reporting in Business
In today's global business landscape, Environmental, Social, and Governance (ESG) considerations are gaining prominence as stakeholders prioritize sustainability, ethical practices, and long-term value creation. ESG reporting has become a critical tool for companies to communicate their performance on environmental, social, and governance metrics to investors, regulators, and the wider public. Why ESG Reporting Matters: Access to Capital: Investors are increasingly integrating ESG factors into their decision-making processes, recognizing the potential risks and opportunities associated with sustainability performance. ESG reporting provides investors with essential information to assess a company's resilience, responsible practices, and alignment with their investment criteria. Regulatory Requirements: Governments…
Sunday, 14 April 2024 21:31
Japan's Sustainability Standards Board (JSSB) Issues Draft Sustainability Disclosure Standards
The Sustainability Standards Board of Japan (SSBJ) recently unveiled draft Sustainability Disclosure Standards, signaling a significant step towards promoting sustainable business practices. Established in July 2022, the SSBJ has been dedicated to developing high-quality standards that align with international sustainability norms set by the International Sustainability Standards Board (ISSB). The draft standards integrate key elements from ISSB’s IFRS Sustainability Disclosure Standards, including IFRS S1 "General Requirements for Disclosure of Sustainability-related Financial Information" and IFRS S2 "Climate-related Disclosures". Divided into three exposure drafts, they cover universal application, general disclosures, and climate-related disclosures. The SSBJ's structure ensures clarity by aligning the drafts…
Sunday, 28 January 2024 18:39
ESG Tech - Innovative Software Solutions Enabling Sustainable Business Practices
Sustainability has evolved from a buzzword to a critical consideration in modern business strategies. Organizations worldwide are actively embracing innovative software solutions to address environmental, social, and governance (ESG) challenges. From emission measurement technologies to circular economy tools, these software solutions play a pivotal role in fostering sustainable business practices. Emission Measurement Technologies: Precision in Environmental Impact a. IoT-Based Sensors: Incorporating Internet of Things (IoT) technology, sensors from companies like Cisco, Siemens, and Schneider Electric provide real-time insights into environmental impact. These technologies are complemented by emerging players like IBM Watson Environmental Intelligence and Microsoft Azure IoT. b. Satellite Imaging:…
Friday, 20 July 2012 00:00
ESG & Taxation - An overlooked perspective
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