SustainableBusiness

Corporate Discontent on ESG Reporting: The Rising Costs of Data Collection

2 months ago

In a recent development reflecting growing corporate frustration, many businesses are escalating their concerns regarding the costs associated with Environmental, Social, and Governance (ESG) reporting. The current atmosphere of tight budgets and rising expenses is intensifying the dissatisfaction among executives over the financial implications associated with adhering to ESG frameworks.

Davos Climate Panel Calls on CEOs to Combat Extreme Weather Challenges

2 months ago

In a pivotal session at the annual World Economic Forum in Davos, Switzerland, a panel of climate experts has made an urgent appeal to corporate leaders, emphasizing the critical need for businesses to actively engage in adapting to the increasing frequency and intensity of extreme weather events. The gathering of influential politicians, CEOs, and environmental advocates highlighted a growing consensus that the intersection of corporate responsibility and climate resilience is more urgent than ever.

Lloyds Bank to Weigh RTO Compliance in Banker Bonus Decisions

3 months ago

Lloyds Banking Group has announced that it will take into account compliance with the Return on Equity (RTO) targets when determining bonuses for its bankers. This move comes amid the bank's ongoing efforts to instill greater accountability and a focus on long-term profitability within its workforce. With RTO serving as a key performance indicator for the bank, the change signals a shift towards aligning executive incentives with company performance.

Olivia Wilde Innovates in Investment: Co-Founding Proximity Ventures

5 months ago

In a surprising move that blends her passion for storytelling with a keen eye for investment, actress and director Olivia Wilde has entered the venture capital arena. She has quietly co-founded a new venture capital firm called Proximity Ventures, aimed at supporting and amplifying startups that prioritize innovation, creativity, and social impact. This expansion into finance signals a significant shift in Wilde's career trajectory, showcasing her multi-faceted talents beyond her considerable accomplishments in film and television.

Billionaire Tanoto Family Under Fire for Deforestation Amid Green Debt Ventures

6 months ago

The Tanoto family, one of Asia's wealthiest clans, faces serious allegations of engaging in deforestation as they expand their business interests through green debt financing. This controversial move has sparked criticism from environmentalists and raises questions about the real motives behind their eco-friendly initiatives.