NatWest Unveils AI Tool to Boost ESG Data for SMEs
NatWest, a prominent bank, has introduced an innovative AI solution to enhance Environmental, Social, and Governance (ESG) data for small to medium-sized businesses (SMEs).
Vanguard Follows BlackRock in Opposing ESG Proposals by Shareholders
In a recent development, Vanguard has joined BlackRock in declining proposals related to environmental, social, and governance (ESG) matters put forward by shareholders.
Institutional Investors Question Higher Executive Compensation Based on ESG Metrics
Vivek Ramaswamy has been in the news over the last few weeks, emerging as one of the most talked about Republican candidates for the 2024 US presidential primary.
Demand for ESG Data Growing, but Data Management Issues Persist
The latest survey by Bloomberg has discovered a rising interest in information related to how companies are performing in terms of taking care of the environment, being socially responsible, and maintaining good governance, which is collectively known as ESG data.
BlackRock modifies position on ESG policies as decision regarding Bitcoin ETF nears
The top money manager in the world, BlackRock is well known for its support of environmental, social, and governance (ESG) considerations. However recent development suggests that the company’s emphasis on ESG has declined substantially.
According to a report by EY, 36% of companies are in the “advanced stage” of their ESG journey
In a recent report by EY, it was revealed that a significant stride has been made in the realm of corporate sustainability. According to the study, 36% of businesses have progressed to an advanced stage in their Environmental, Social, and Governance (ESG) journey.
Nirmala Sitharaman advises CAs to implement carbon, CSR, and ESG practices
Finance Minister Nirmala Sitharaman has encouraged companies in India to embrace eco-friendly practices. She has asked Chartered Accountants (CAs) to adopt measures that contribute positively to the environment and society.
S&P Global discards ESG alphanumeric scale
&P Global has decided to discontinue the alphanumeric scale introduced in 2021 for assessing the ESG (environmental, social, and governance) factors affecting credit quality in certain sectors and asset classes.
In response to conservative pushback against “woke capitalism,” McDonald’s is eliminating “ESG” from certain sections of their website
Amidst criticism from certain conservative policymakers in the US, McDonald's has quietly removed references to "ESG" (Environmental, Social, and Governance) from sections of its website.
The European Union has approved standards for climate/ESG reporting
The European Commission adopted the European Sustainability Reporting Standards on July 31.