Overview of Global Trust Levels According to GlobeScan’s Radar survey of over 30,000 people across 30 countries, there is a notable trust deficit for businesses. Contrary to common perceptions, businesses are not the most trusted institutions; instead, they lag behind entities like scientific bodies and NGOs. Measuring Thick Trust Since
Key Impact Points: NZBA and MUFG’s Strategic Role The NZBA, initiated by the United Nations Environment Programme Finance Initiative in April 2021, now encompasses 145 banks globally committed to aligning their financing to support a 1.5°C global temperature goal. MUFG, a pivotal member of the NZBA’s Steering Group and a
Key Impact Points: The Corporate Sustainability Reporting Directive (CSRD), which became European law in January 2023, is reshaping the landscape of corporate responsibility by mandating extensive sustainability disclosures. This move requires unprecedented alignment between companies’ sustainability and finance departments. Enhanced Reporting Requirements Netflix Ramps Up Data Integration Netflix’s Chief Sustainability
SLR Consulting (SLR), a renowned leader in global sustainability solutions, has announced its acquisition of Malk Partners (Malk), a prominent environmental, social, and governance (ESG) advisory firm based in New York City. This strategic move is set to bolster SLR’s consulting and advisory market offerings across the United States and
Leadership Transition at KPMGKPMG announces a strategic leadership change in its sustainability practice, appointing Maura Hodge as the new US Sustainability Leader. Rob Fisher, who previously held the position, will now lead KPMG’s US Consulting Sector for Financial Services and Insurance. Rob Fisher’s New Chapter Rob Fisher expressed his enthusiasm
Key Impact Points: Introduction to 30×30 Plan Panama is taking bold steps to safeguard its rich biodiversity through the ambitious 30×30 program, as outlined by Milciades Concepción, Panama’s Minister of Environment. The program is a proactive response to the Global Biodiversity Framework, aiming to protect vital ecosystems and promote sustainable
Key Takeaways Corporate boards are at a pivotal moment, facing emerging risks, disruptive technology, and potential shifts in trade, tax, and sustainability policies. In a polarized political climate, board agility and informed decision-making are crucial for navigating these changes effectively. Navigating Ambiguity: ESG Caught in the Crosswinds Some boardrooms have
Asset owners worldwide are increasingly prioritizing environmental factors, particularly climate change, in their investment decisions, according to the third annual “Morningstar Voice of the Asset Owner Survey.” Environmental Factors Take the Lead Some 64% of asset owners globally feel that environmental factors have become more material or financially relevant over
Key Impact Points: The UN Global Compact Leaders Summit 2024 concluded in New York, highlighting the urgent need for the private sector to intensify efforts toward achieving the Sustainable Development Goals (SDGs) by 2030. Emphasis on Private Capital’s Role Sanda Ojiambo, CEO and Executive Director of the UN Global Compact,
Key Impact Points: Half of the world’s chief executives are uncertain about their companies’ ability to meet ambitious 2030 net zero targets, a significant finding from KPMG’s annual CEO survey. The survey, which gathered insights from 1,325 business leaders across 11 key markets, reveals a cautious outlook among top executives
