Covid-19 has brought a change in consumer habits, making the sustainable products gain popularity across the globe. Environmental and Socio-cultural trends are shaping consumption patterns, making the industry increasingly more profitable especially thanks to the push from millennials that have proved to be more environmentally...
ESG, Green bond / 03.08.2020
The EU TAXONOMY for SUSTAINABLE FINANCE
According to the OECD, globally, EUR 6.35 trillion a year will be required to meet the Paris Agreement goals by 2030. The EU Taxonomy will help investors and companies in choosing green opportunities that are in line with a low carbon economy and resource-efficient economy. Finance enables transformative improvements in industries all over Europe and globally. According to the...
The COVID19 pandemic had a huge impact across the whole energy sector, particularly in terms of demand and supply. Read more on how this time the pandemic’s impact on the oil and gas industry is expected to endure. The COVID-19 pandemic had, and it is still having, a huge impact across...
Corporate Governance, Financial Institutions / 25.06.2020
How a whistleblower exposed the corporate word – the Danske Bank case
In 2018, the Danish bank, Danske Bank was accused of suffering a “near-total process failure” in a whistleblower report, which reveals that up to USD 3.3 billion linked to the President and the Federal Security Service of the Russian Federation had been laundered through its...
The condition of civilized man in one of scarcity. It was 1798 when a young British economist published An Essay on the Principle of Population as it Affects the Future Improvement of Society, a text which criticized Utopians of his time who portrayed idyllic conditions...
ESG / 17.05.2020
Millennials and women key drivers of ESG investments widening the gap between winners and losers
The universe of investment is changing. Millennials are twice as likely to invest in sustainable investment products as the rest of the investors. If responsible investments are considered a niche choice for the majority of the investors, they have become the norm for women and...
Climate change, Oil and Gas / 01.04.2020
COVID-19 and the Energy Crisis
The COVID19 pandemic is having a huge impact across the whole energy sector, particularly in terms of demand and supply. After healing from coronavirus, the world might face an energy crisis. When the world heals from the coronavirus it may face an energy crisis. The COVID-19 pandemic is having a...
Climate change, Oil and Gas / 16.03.2020
Coronavirus reducing CO2 emissions
The global health crisis, COVID-19, is reducing carbon emissions more than any policy as ever done before. The COVID-19 viral disease that has swept into at least 114 countries, killing approximately 30,000 people and infecting more than 600,000, is now officially a pandemic. According to a study by...
Climate change, Oil and Gas, Tech / 16.01.2020
Big Tech unveils ambitious climate pledges but expands their AI in oil and gas market
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...
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...
Food and beverage / 20.12.2019
Towards an OPEC for Cocoa
The creation of a cocoa OPEC among the main cocoa producing countries has been in the collective imaginary of the producers for almost a decade. There are some reasons to support their argument, but the most undeniable one is the high concentration of production. Indeed,...
Major ESG-related controversies during the past six years were accompanied by market capitalization losses of $534 billion for large US companies over the past 5 years, according to an analysis by Bank of America Merrill Lynch. The research shows that "90% of bankruptcies in the...
Big Four, Corporate Governance / 28.09.2019
PwC considers handing to external body oversight of auditors’ pay
https://www.wsj.com/articles/pwc-considers-changes-to-u-k-auditor-pay-to-avoid-conflicts-of-interest-11569609468Karthik Ramanna, a professor of business and public policy at the University of Oxford’s Blavatnik School of Government, in a report commissioned by PwC in June 2019, called for audit firms to resort to independent, external remuneration committees to advise on audit partners’ pay. He also also...