Climate: World at risk of hitting temperature limit soonBy David ShukmanScience editorIt's becoming more likely that a key global temperature limit will be reached in one of the next five years.A major study says by 2025 there's a 40% chance of at least one year being 1.5C hotter than the pre-industrial level.That's the lower of two temperature limits set by the Paris Agreement on climate change.The conclusion comes in a report published by the World Meteorological Organization (WMO).The analysis is based on modelling by the UK Met Office and climate researchers in 10 countries including the US and China.In the last decade, it was estimated that the chance of any one year reaching the 1.5C threshold was only 20%.This new assessment puts that risk at 40%.Vietnam's children and the fear of c...
What is the “G” in ESG?HIGHLIGHTSThe “G” in ESG refers to the governance factors of decision-making, from sovereigns’ policymaking to the distribution of rights and responsibilities among different participants in corporations, including the board of directors, managers, shareholders, and stakeholders.The purpose of the corporation, the role and makeup of boards of directors, and the compensation and oversight of top executives have emerged as core issues in companies’ corporate governance structures.When analyzing environmental, social, and governance factors, the “G” element is often forgotten amid considerations over climate risk, societal implications and other “E” and “S” risks and opportunities. However, understanding governance risks and opportunities in deci...
What is the “S” in ESG?HIGHLIGHTSHow can a company manage its relationships with its workforce, the societies in which it operates, and the political environment? This is the central question behind the “S” in ESG investing — the social aspect of sustainable investing.A number of social factors can affect a company’s financial performance, ranging from short- to long-term challenges.Social factors to consider in sustainable investing include a company’s strengths and weaknesses in dealing with social trends, labor, and politics. A focus on these topics can increase profits and corporate responsibility.How can a company manage its relationships with its workforce, the societies in which it operates, and the political environment? This is the central question behind the “S”...
조 바이든이 미국 대통령으로서의 첫날을 시작했다. 대선 결과 불복종에 이어 의사당 난입 사태까지 넷플릭스(Netflix)의 <하우스 오브 카드>를 연상케 하는 전대미문의 혼란이 어느 정도 자리를 잡아가는 느낌이다.대통령 당선인 신분때부터 조 바이든은 트럼프 지우기에 들어갈 것임을 명확히 밝혔었다. 그러다 보니 향후 정책방향에 대해 민감할 수 밖에 없는 글로벌 기업들은 인수위와의 커뮤니케이션 통로를 만들어 각종 문의와 함께 의견개진을 하기에 바쁜 나날을 보냈었다.선거에서 일방적 승리를 거두지 못한 당선인이 전 시대의 주요 정책을 뒤집는 것은 결코 쉽지 않은 일이다. 하지만 ...