Biodiversity is becoming another keyword after climate change for listed companies in disclosing environmental, social and governance (ESG) information, according to multiple business and finance experts.During the "2021 Europe-Korea Virtual Business Conference" jointly hosted by the Korea Chamber of Commerce and Industry (KCCI) and the European Chamber of Commerce in Korea (ECCK) in Seoul, July 2, participating experts said large business groups should cope with both global and domestic issues at the same time when it comes to ESG management.
Since the onset of Covid-19, corporate boards have faced a string of difficult decisions. Take the question of dividend payments: Ordinarily, the decision would be a relatively straightforward matter of applying a stated dividend policy, following past practice, or choosing an amount based on shareholder expectations and the company’s earnings for the period. But this year, with Covid-19 decimating the economy and looming uncertainty about the depth and duration of the crisis, the decision became a complex matter of weighing and balancing multiple factors — at least for companies flush enough to consider it at all.
President Moon Jae-in urged business circles to embrace environmental, social and corporate governance (ESG) values, Wednesday, saying the corporate role is crucial in redefining the business environment.Speaking at a ceremony hosted by the Korea Chamber of Commerce and Industry (KCCI) to mark the 48th Commerce Day, the President also said the time has come for an economic rebound and asked for support from businesses to "take a leap toward a leading nation" in the post-pandemic era.Korean society faces inequality, polarization, labor issues, environmental issues and other problems that need corporate support.Accordingly, Moon lauded businesses for setting up strategies that stress ESG for the past couple of years. The strategies range from Renewable Energy 100 (RE100) to carbon-neutral in...
COVID-19 has put its thumb on the top 1% side of the wealth scale, undoing decades of progress toward greater equality. Engaging with individual companies might not be enough to move the needle back. In 2021, we see investors taking steps toward more creative, systemic approaches, with those in the vanguard willing to risk a few failures in pursuit of solutions.USD Value of Social, Sustainability and Green Bond Issuances 2015-2020Social bond issuances have grown in 2020, many have been focused on mitigating the negative impacts of the pandemic. The interactive chart below details their rise compared to the historically more popular green bonds. Hover over the different bars to see some examples of the different bonds that have been issued throughout the year.
MOSCOW, July 19 (Reuters) - Russia's central bank has advised domestic companies to disclose their environmental, social and governance (ESG) agenda and evaluate related risks, it said on Monday, adding that failure to timely identify ESG issues could trigger losses. Demand for ESG assets is growing worldwide as companies that perform well on a range of issues from climate change to boardroom diversity are seen as better long-term investments than peers lagging in these areas. read more The central bank said it has "recommended" Russian companies to disclose their ESG compliance and evaluate risks related to the global ESG agenda, either in their annual reports or in any other way, once a year.