INSIGHTS-old

Calling all company boards: where are your ESG experts?

Week of 11 January 2021 Calling all company boards: where are your ESG experts? Responsible corporate boards seek to understand, measure and address material risks to the business, relying on the expertise of their members. But a new paper from the NYU Stern Center for Sustainable Business asks why this isn’t the case for environmental, … Continue reading Calling all company boards: where are your ESG experts?

Human rights due diligence is holistic and includes – you guessed it – climate risk

Week of 11 January 2021 Human rights due diligence is holistic and includes – you guessed it - climate risk The well-being of people and the health of the planet are closely intertwined. There is a growing recognition within the international community that in order to protect people from the worst effects of climate change—and … Continue reading Human rights due diligence is holistic and includes – you guessed it – climate risk

Move over governments: Business now only institution seen as both competent and ethical

Week of 11 January 2021 Move over governments: Business now only institution seen as both competent and ethical According to Edelman’s 2021 annual Trust Barometer, 2020 can be summed up in three stark words: “Declaring Information Bankruptcy.” Throughout the course of the year, global crises from the pandemic to systemic racism to political instability wreaked … Continue reading Move over governments: Business now only institution seen as both competent and ethical

The end of secrecy for individuals hiding behind companies to engage in criminal activity and human rights harm

Week of 4 January 2021 The end of secrecy for individuals hiding behind companies to engage in criminal activity and human rights harm By passing the Corporate Transparency Act of 2019 late last month, the U.S. Congress is signaling a stronger commitment to promote corporate transparency and accountability. The law, which requires the disclosure of … Continue reading The end of secrecy for individuals hiding behind companies to engage in criminal activity and human rights harm

Journalism: deadly profession, with 50 killed in 2020 for reporting news we need to know

Week of 4 January 2021 Journalism: deadly profession, with 50 killed in 2020 for reporting news we need to know 2020 was another deadly year for journalists, with 50 killed around the world in the course of their work reporting on corruption, human rights abuses and protests. 2020 also continued a rising trend of targeted … Continue reading Journalism: deadly profession, with 50 killed in 2020 for reporting news we need to know

The cost of climate change in 2020? Financial losses in the billions and thousands of lives lost

Week of 4 January 2021 The cost of climate change in 2020? Financial losses in the billions and thousands of lives lost A new report quantifies the losses from major climate-related weather events in 2020, putting in stark relief the devastating human toll and enormous financial costs of global warming. In a year where even … Continue reading The cost of climate change in 2020? Financial losses in the billions and thousands of lives lost

Time for the next phase of sustainability disclosures

Week of 14 December 2020 Time for the next phase of sustainability disclosures When it was implemented in 2014, the EU Non-Financial Reporting Directive was one of the first laws requiring large companies to publicly share their efforts on protecting people and the planet. Now, as the ‘smart mix’ of measures called for by the … Continue reading Time for the next phase of sustainability disclosures

Human rights are a “binding bridge” between the UNGPs and the SDGs

Week of 14 December 2020 Human rights are a “binding bridge” between the UNGPs and the SDGs Backed by international human rights law—and increasingly by domestic laws—the UN Guiding Principles on Business and Human Rights (UNGPs) offer a complementary framework to the voluntary commitments of the UN Sustainable Development Goals (SDGs). As reports show that … Continue reading Human rights are a “binding bridge” between the UNGPs and the SDGs

A turning point for climate action?

Week of 14 December 2020 A turning point for climate action? Five years on, the world is still behind on the goals set by the Paris Agreement and not yet on track to avoid the worst effects of climate change. That said, some experts are cautiously optimistic about the future after seeing new commitments made … Continue reading A turning point for climate action?

Sustainable investing is becoming part of the mainstream, but with a few caveats

Week of 7 December 2020 Sustainable investing is becoming part of the mainstream, but with a few caveats “Sustainability is here to stay,” say most investors interviewed as part of BlackRock’s first-ever 2020 Global Sustainable Investment Survey. What does this mean in practice? Well, it’s a bit more complicated. Investors globally are committed to finding … Continue reading Sustainable investing is becoming part of the mainstream, but with a few caveats