Many investors and corporations believe that accounting for the impact that businesses have on the environment, society as a whole and their own workforces benefits their bottom line.
U.S. universities now have over 3,000 sustainability programs.
Andy DeLisle/ASU
Green jobs go beyond solar panel installation and wind turbine maintenance. They’re found in fields from design to economics and in many types of management.
Businesses and investors have a critical role to play in biodiversity and conservation efforts and need to invest in sustainable production and extraction methods.
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Corporate pressure campaigns usually work best in partnership with local institutions. While Russia’s civic organizations are generally weak, there are some signs of growing defiance.
Tesla CEO Elon Musk, shown at an electric vehicle factory, called ESG ratings ‘a scam’ after an index dropped Tesla.
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Sustainable investing’s credibility took a hit when the S&P 500 ESG index dropped the electric vehicle-maker but kept the oil giant. The SEC is now considering new disclosure rules.
We cannot leave reporting to the accounting profession and their assumptions about who and what is important. Recent proposals by the Canadian accounting profession should concern us all.
Some motorists are willing to pay more for the price of gas. Others are considering trading in gas-guzzling cars for more efficient vehicles. The price of gas at a Petro Canada gasoline station in Ajax, Ont., on March 7, 2022.
THE CANADIAN PRESS/Doug Ives
Oil supply is very tight, and the current geopolitical crisis involving Russia, one of the world’s largest oil producers, has pushed prices over the edge.
Environmental, social and governance problems in a company’s supply chain can be hard for investors to track.
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A recent survey of top executives at companies that operate at sea found environmental reporting practices were not a top priority and put the health of the marine environment at risk.
The point of divestment is to send a negative message, to undermine the oil industry’s social licence.
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Why are so many entrepreneurs in Canada avoiding going public, and what are the consequences for our economy?
ESG rankings and lists aren’t often entirely reliable for consumers or investors wanting to make decisions on companies they buy from or invest in.
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Some companies rank high on some lists that measure environmental, social and governance (ESG) initiatives, and rank near the bottom on other lists. Which rankings should we trust?
As consumers, we can change our lifestyle, our investments and demand change from our governments. Together — along with accountants — we can get there.
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To achieve environmental sustainability, we need strong corporate standards that are quantifiably enforced, accountants trained to accurately measure sustainability — and we must all play a role.