Will New Global Standard for Corporate Sustainability Reporting Corral Wild West of ESG?

Tommy MalettaReforming Global Finance, SRI/ESG News, Beyond GDP, Transforming Finance, Latest Headlines

By Eugene Ellman, Corporate Knights New ISSB standard offers hope that the bewildering array of corporate sustainability disclosure guidelines will finally come to an end The global accounting profession has launched a single standard for company environmental, social and governance (ESG) reporting, raising expectations that the bewildering array of corporate …

Meet the Women Warrior Accountants Pushing the Envelope on Climate Action

Tommy MalettaReforming Global Finance, SRI/ESG News, Sustainability News, Trendspotting, Beyond GDP, Latest Headlines

By Naomi Buck, Corporate Knights In the last two decades, accounting has been transformed as ESG takes centre stage. Many of the industry’s most ambitious change agents have been women. In the fourth year of her accounting degree at McGill University, Sarah Keyes walked into the classroom of a mandatory credit …

‘Climate Washing’ Lawsuits Jump as More Activists Challenge Corporate Claims, Report Shows

Tommy MalettaReforming Global Finance, Global Citizen, Beyond GDP, Latest Headlines

By Tommy Wilkes, Reuters LONDON, June 29 (Reuters) – “Climate washing” litigation has risen sharply in the last two years as environmental groups and governments grow frustrated with corporate claims about their contribution to tackling climate change, a report published on Thursday showed. The report, compiled by London’s Grantham Research …

EU’s Powerful Lending Arm Eyes First ‘Debt-for-Nature’ Swap

Tommy MalettaReforming Global Finance, Trendspotting, Beyond GDP, Transforming Finance, Latest Headlines

By Marc Jones, ReutersMarine iguanas are seen on Santa Cruz Island after Ecuador announced the expansion of a marine reserve that will encompass 198,000 square kilometers (around 76,448 square miles), in the Galapagos Islands, Ecuador January 16, 2022. Picture taken January 16, 2022. REUTERS/Santiago Arcos/File Photo LONDON, June 21 (Reuters) …

Major Investor Alliance Working to Clean Up Greenwash Lurking in ESG

Tommy MalettaReforming Global Finance, Beyond GDP, Transforming Finance, Latest Headlines

By Eugene Ellmen, Corporate Knights Can the CARET project win over the sustainable investing industry and clear up the fog around ESG integration? In response to accusations of greenwashing and growing regulatory scrutiny, a group of high-powered financial networks is working to standardize the often-opaque jargon of the responsible investing …

After Years of Citizen Pressure, Justice Department Launches Corporate Crime Database

Tommy MalettaSRI/ESG News, Global Citizen, Beyond GDP, Latest Headlines

By Corporate Knights Ralph Nader After years of citizen pressure to create a public corporate crime database, the Justice Department this week surprisingly and without public notice did just that. The Department of Justice now has a corporate crime page that includes links to voluntary self disclosure and monitoring policies, guidance and …

Technology Needs Assessments by Congress Municipalities and Local Civic Groups

Tommy MalettaReforming Global Finance, Global Citizen, Beyond GDP, Information Technology Issues, Latest Headlines

  Hazel Henderson played an active role as an integral member of the original Office of Technological Assessment (OTA) mentioned below. Her foresight drove her to uncover the hidden impacts of technological advancements, with a strong emphasis on their potential to enhance public welfare rather than solely serving corporate interests. …

Climate change is already making parts of America uninsurable

Tommy MalettaReforming Global Finance, Beyond GDP, Transforming Finance, Latest Headlines

By Umair Irfan, Vox California has experienced the costliest wildfires in the US in recent years. Some insurance companies are rethinking their business in the state. David McNew/Getty Images In a report published in April, California Insurance Commissioner Ricardo Lara admonished the industry to better account for far-reaching risks like those wrought …

ASICS Launches Product Carbon-Footprint Labeling

Tommy MalettaSRI/ESG News, Trendspotting, Beyond GDP, Latest Headlines

By Sustainable Brands Staff, Sustainable Brands By releasing its product carbon-impact data, ASICS joins a growing number of companies sharing this information to help consumers working to address their environmental impacts make more educated purchasing decisions. Global sportwear brand ASICS has become the latest company to introduce product carbon-footprint labeling. The landmark …