The Scotch whisky industry has been a significant contributor to carbon emissions, with its reliance on peat-burning processes. However, the owners of the 140 distilleries in Scotland have pledged to make their operations “net-zero” in carbon emissions by 2040. This commitment is a significant step towards reducing the industry’s carbon footprint and tackling climate change. […]
Environmental, social, and governance (ESG) investing has become increasingly popular in recent years, as investors recognize the importance of sustainability in creating long-term value. ESG investing is the practice of selecting companies that meet certain environmental, social, and governance criteria, and excluding those that do not. If you’re looking to build a sustainable investment portfolio, […]
Australia’s parliament recently passed groundbreaking climate laws that have been hailed as a significant victory for environmentalists, paving the way for the country to take the lead in the fight against climate change. The set of laws targets the worst polluters and compels them to curb emissions by about 5% every year. These laws apply […]
The European Central Bank (ECB) has recently announced that it will start disclosing the climate impact of its portfolio. This is a significant step towards greater transparency and accountability in the financial sector’s role in tackling climate change. According to a press release from the ECB on March 23, 2023, the central bank will begin […]
Recently, 21 state attorneys general issued a warning to financial institutions about prioritizing “woke culture” over their clients’ interests. Legal action has been threatened if financial firms act against their client’s interests while promoting social priorities. Asset managers have been accused of behaving outside their fiduciary obligation to maximize investment returns. Instead, they have been […]
As climate change continues to be a pressing issue for the world, countries are looking for ways to reduce their carbon emissions and transition towards renewable energy sources. Recently, China has been seeking cooperation in these efforts with Australia’s BHP, a mining and metals company, and their Foreign Ministry. According to a report by Reuters, […]
Swedish mining company, Boliden, is taking a significant step towards reducing its carbon footprint by partnering with Epiroc and ABB. The partnership aims to introduce a fleet of 17 electric machines, including excavators, trucks, and loaders. By doing so, Boliden plans to reduce its carbon emissions by 70%, saving up to $2.2 million per year […]
In recent years, sustainability has become an increasingly important issue in virtually every industry. The video gaming industry is no exception, and one company leading the way in making gaming more environmentally friendly is Xbox. Xbox has been making a concerted effort to reduce its energy consumption and CO2 emissions, and they have been successful […]
As we begin the new year, environmental, social, and governance (ESG) issues continue to be at the forefront of discussions around business and sustainability. The past few years have seen a significant shift in the way that companies approach ESG, and 2023 is expected to be no different. In this blog post, we’ll take a […]
Pinterest has released its first Environmental, Social, and Governance (ESG) Impact Report, highlighting the company’s efforts to reduce its carbon footprint, promote diversity and inclusion, and support its communities. The report reveals that the company is committed to making a positive impact on the world while also delivering value to its shareholders. The report includes […]