ESG

Signal: oil-free Lego bricks scrapped amid sustainability concerns

A high-profile plan by Lego to improve sustainability by ditching oil-based plastics has been scrapped after production of the new…

Corporate sustainability needs ESG standards and tools

Companies are responding to climate issues, but the standards and tools for them to fully address environmental, social and governance…

What do new EU sustainability reporting rules mean for the pharmaceutical industry?

The EU's new Corporate Sustainability Reporting Directive (CSRD) will start affecting companies from January 2024, including in the pharmaceutical industry.…

ESG the biggest theme driving mergers and acquisitions in Q2 2023

Environmental, social and governance (ESG) was the key disruptive theme that drove the most mergers and acquisitions (M&A) activity globally…

Financial giants have invested $1.5bn in dirty Bitcoin mining – Greenpeace

American Express, BlackRock, CitiGroup, Fidelity, Goldman Sachs, JPMorgan Chase, Mastercard, Vanguard and Visa have collectively invested $1.5bn in Bitcoin mining,…

Investor support for climate resolutions is falling – Morningstar

Investors appear to have rolled back support for climate resolutions this year, according to a preliminary analysis of 92 proposals…

Are ‘carbon neutral’ claims dead?

The EU wants rid of spurious green claims: too many of them are made with “no evidence and justification whatsoever”,…

Shuffling deckchairs on the Titanic: is ESG a redundant concept?

Ever since environmental, social and governance (ESG) became ubiquitous in corporate life, it has faced resistance from all directions. Detractors…

EU sustainability reporting standards ‘will allow greenwashing’, say NGOs

The European Commission has published its long-awaited first draft for the EU’s first sustainability reporting standards for consultation this month,…

Carbon markets forecast to weather short-term price dips

Despite forecasting near-term declines in carbon prices in the face of political and macroeconomic uncertainty, carbon market participants are optimistic…