CEOs are feeling more hopeful about their immediate prospects and the actions they need to take now to create capital for investment in future growth. But in a challenging market, there remains a focus on short-term returns. Respondents indicated that longer-term ambitions around decarbonization and the creation of new revenue
By Alice Bolton and Ron Soonieus, BCG Boards and CEOs are increasingly using financial incentives to hit corporate sustainability goals. BCG research shows that 47% of corporate directors say that sustainability should be “entirely” integrated in executive performance metrics and/or compensation. And another 40% say it should be “somewhat” integrated. (See Exhibit 1.) But our analysis
By Lamar Johnson, Utility Dive Dive Brief: Dive Insight: Citi said it remains on track to reach its 2030 sustainable finance goals, which it called “an integrated effort” across its operations. The bank invested $92.7 billion in green infrastructure, climate tech and social initiatives in 2023 to work toward this
Echoing this year’s Earth Day theme of “Planet vs Plastics”, Acer has partnered with Plastic Bank and has pledged to collect and recycle at least 50 tons of plastic waste from the environment in 2024. The Canada-based social enterprise focuses on tackling the growing issues of plastic pollution by building
By Sanaullah Ataullah | The Peninsula Qatar has achieved the indicators of Sustainable Development Goal (SDG) 6 on water and sanitation by ensuring the access to clean water and sanitation for all in the country, said Kahramaa chief. SDG 6 envisions “clean water and sanitation for all”. It is one of
African Development Bank Group President Dr. Akinwumi A. Adesina has emphasized the critical need for significantly increased financing to meet the Sustainable Development Goals (SDGs). Speaking at the Islamic Development Bank’s 50th anniversary celebrations in Riyadh, he highlighted a growing annual financial shortfall of $4 trillion, a gap that threatens to
In a pivotal gathering that took place during Earth Week, Earthx2024 emerged as a critical platform for environmental leaders from across the globe to discuss, deliberate, and devise strategies aimed at safeguarding our planet and its vulnerable communities. The annual event organized by EarthX in Dallas, Texas, was buzzing with
In the European Parliament today, the United Nations Global Compact organized a conference bringing together Members of the European Parliament, representatives of the European Commission, leading companies of the UN Global Compact as well as the Executive Directors of the UN Global Compact Local Networks across Europe for a pivotal
Vanessa Winston’s home and business in the Caribbean island of Dominica were destroyed by Hurricane Maria in 2017. Starting from scratch, the mother of four fought back and today, with UN support, she has rebuilt her life. 44-year-old Vanessa Winston lives in Roseau, the capital of Dominica, where she runs
Critical minerals are essential for the energy transition as are intergenerational equity in resource management and the engagement of youth. With this in mind “Critical Minerals for the Sustainable Energy Transition: A Guidebook to Support Intergenerational Action” was launched today at the UNECE Resource Management Week 2024. This guidebook serves as
