The Circularity Gap Report 2019 finds that the global economy is only 9% circular - just 9% of the 92.8 billion tonnes of minerals, fossil fuels, metals and biomass that enter the economy are re-used annually. Climate change and material use are closely linked. Circle Economy...
A new book written by Luiz Awazu Pereira de Silva, Patrick Bolton, Morgan Després, Frédéric Samama and Romain Svartzman and published by the Bank of International Settlements as of January 20, 2020 states how climate change poses new challenges to central banks, regulators and supervisors. Traditional...
According to a report by Zion Market Research, the global AI in oil and gas market was around USD 1.75 billion in 2018 and is expected to reach around USD 4.01 billion by 2025. On January 16th 2019, Microsoft announced the company will be carbon...
Climate scientist Michael Mann is on sabbatical stay in Sydney, Australia where he studies the correlation between climate change and catastrophic weather events. Home to one some of the greatest natural wonders of this planet, like the Great Barrier Reef and lush temperate rainforests, Australia has...
"The transformation ahead of us is unprecedented," said EU chief Ursula von der Leyen, announcing the investment plan. The European Green Deal Investment Plan will mobilise EU funding and create an enabling framework to facilitate and stimulate the public and private investments needed for the...
There is food lost or wasted all along the chain from farm to table. And it’s not just the food itself that goes to waste, it’s all the resources that went into making it, from water to land and labour. When wasted, food has a...
World's biggest asset managers are facing enormous pressure over the role they (do not) play on climate change. Public opinion, shareholders and governmental institutions are urging JPMorgan, Vanguard and BlackRock to substantially change their strategies over climate change. What the last two months of 2019 showed...
As of January 9, 2020 Private Equity CVC announced it is going to acquire a participation in EcoVadis through a c. US$200m investment from its CVC Growth Partners II Investment Fund. EcoVadis is a French provider of corporate social responsibility (CSR) ratings and scorecards. For further information,...
Evidence demonstrates that investors' behaviours change when the largest proxy advisory firm downgrades public companies' rating on governance ground. Professor Paul M. Guest and PhD student Marco Nerino of King's Business School at King's College London empirically demonstrate that Institutional Shareholder Services' (ISS) announcement of corporate...
What does define a civilised society: cutting-edge technologies? Infrastructure development? Capital economies? From a westernised way of living, a truly civilised society is one in which the abovementioned achievements flourish. Social interaction is online conceived, infrastructure overcomes nature, and the purpose of the economy is profit....