“We are excited to take the next step in our ESG journey and continue to move toward our goal of creating social impact within education, making positive contributions to the environment and continuing to create a diverse workforce,” said Hardeep Gulati, CEO of PowerSchool. “It is our unwavering commitment to and passion for serving educators and students that guides our ESG philosophy, as well as our mission as a company. We look forward to continuing to build toward our ESG goals and being an agent of change in the world.”PowerSchool’s approach to ESG is structured around five key pillars that reflect the opportunities deemed most relevant to the company and key stakeholders today, including:Social impact – leveraging PowerSchool talent and technology to create social impact ...
After attracting trillions of dollars, the ESG fund industry is headed for a “shakeout” over the next five years, according to the man who coined the acronym.The finance sector has “sprinkled ESG fairy dust” on products that do little to account for environmental, social and governance risks, said Paul Clements-Hunt, adding that ESG funds in jeopardy include those that track benchmark indexes, some of which invested in Russia.
Plugging methane from leaky oil and gas facilities would be free of cost almost everywhere in the world, and in many cases would produce a significant profit, at today’s soaring gas prices, the International Energy Agency has found, suggesting that governments have few excuses for not taking action to curb emissions of the powerful greenhouse gas.Governments have been underreporting their emissions of methane to a dramatic extent, and those emissions are still rising fast, according to the Global Methane Tracker report from the IEA published on Wednesday. Using satellites and other new data, the energy watchdog found emissions were about 70% higher than national governments had suggested, showing the need for far greater monitoring, as well as efforts to staunch leaks.
Emmanuel Macron has announced a “renaissance” for the French nuclear industry with a vast programme to build as many as 14 new reactors, arguing that it would help end the country’s reliance on fossil fuels and make France carbon neutral by 2050.“What our country needs ... is the rebirth of France’s nuclear industry,” Macron said in a speech in the eastern industrial town of Belfort, in which he lauded the country’s technological prowess.
Climate change is causing the highest glacier on Mount Everest to melt at a rapid pace, a new study has found.Researchers led by the University of Maine found that the South Col Glacier has lost more than 180ft (54m) of thickness in the last 25 years.The glacier, which sits around 7,906m (25,938 ft) above sea-level, is thinning 80 times faster than it first took the ice to form on the surface.The rate of decline has been blamed on warming temperatures and strong winds.Scientists leading the study found that since the 1990s, ice that took around 2,000 years to form has melted away.ADVERTISEMENTThey also noted that the glacier's thick snowpack has been eroded, exposing the underlying black ice to the sun and accelerating the melting process.Dr Mariusz Potocki, one of the study's lead re...