Generative Artificial Intelligence refers to AI products that are capable of creating new content, such as text, images, audio, or video, by learning patterns from existing data. Today such models are widely used by both individuals and businesses. In this article, we provide an overview...
The international community guided by OECD has increasingly committed to finding a solution for the tax challenges connected to the digitalization of the economy. What the OECD proposed would assure that companies, especially big techs such as Google and Amazon, would pay taxes to the...
As the world of Big Tech is populated by a few colossi holding a disproportionate amount of power, both the EU and the US are taking steps forward. From measures aimed at fostering transparency and accountability, to more radical measures ensuring fair competition, the sector...
More and more companies, cities, regions, countries are committing to becoming carbon neutral, i.e. to balance out the sum of all greenhouse gases put into and taken out of the atmosphere. More companies than ever committed to ambitious climate action at the Climate Week in...
Alphabet has launched one of the largest sustainable bond offerings to be ever recorded, devoted to funding ongoing and new green and social justice-oriented projects. Sustainable bonds are not without risk of social washing and investor monitoring is much needed. The Covid-19 pandemic has boosted the offering of socially-related bonds,...
Suppliers of international tech and fashion companies, such as Apple, Nike and Calvin Klein, have been exploiting forced labor from ethnic minority groups, mostly Uighurs, detained in the Xinjiang region, China. Organizations have already started to take action. Several investigations carried out in the last year by The...
COVID19 has been affecting women and men in disproportionate ways, with women bearing higher economic costs. The coronavirus crisis has been affecting women and men in different and disproportionate ways. Even if men appear to be at higher health risk, women bear higher social and economic...
"All that glitter is not gold, often have you heard that told." Tech giants have long been deemed ESG good-will ambassadors. They usually couple a meaningful value proposition together with a garageland background, which makes the formula extremely appealing to people, especially the young. However, since...
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...
Tax avoidance is a big problem Governments are facing nowadays. "A large proportion of the world’s stock of foreign direct investment is “phantom” capital, designed to minimise companies’ tax liabilities rather than financing productive activity" claims Financial Times, introducing the results of a research on...