eadss

Inflation rises: Can responsible investing beat the surge?

Inflation rises: Can responsible investing beat the surge?

Annual inflation rate in the US accelerated to 6.8% in November of 2021, the highest since June of 1982. Consumer prices were up 6.8 percent from the previous year in November, according to newly released data from the Bureau of Labor Statistics’ Consumer Price Index. It’s the biggest jump in nearly 40 years, with the […]

What companies need to know about the new SBTi’s Net Zero Standard

What companies need to know about the new SBTi’s Net Zero Standard

A few days before the COP26, the Science Based Targets Initiative (SBTi) launched the world’s first Net-Zero Corporate Standard. The concept of ‘Net Zero’ has gained increasing popularity, leading to inconsistent approaches. This is the first science-based certification of companies’ net-zero targets in line with the Paris Agreement’s goals, by providing a unified framework to […]

The most important decisions taken in COP26 and how they affect corporations

The most important decisions taken in COP26 and how they affect corporations

Two weeks of negotiations are finally over and COP26 has left a crystal-clear message to businesses: it’s time to reassess your business strategies and carbon footprint, if you want to reap monetary rewards. Climate stability is not viable only in political terms. It’s the business world’s turn now to fix climate crisis.   Which of […]

COP26 key commitments – too ambitious?

COP26 key commitments – too ambitious?

World leaders, negotiators, government representatives, businesses and civil society groups gathered at COP26 with a consensus to urgently accelerate climate action. COP decisions went further than ever before in recognising and addressing loss and damage from the existing impacts of climate change.   Substantial decisions coming as a surprise   India – the world’s third-largest […]

Leading car manufacturers committed to phase out fossil-fuel vehicles by 2040

Leading car manufacturers committed to phase out fossil-fuel vehicles by 2040

The era of fossil-fuels is reaching its end as 30 countries committed to phase out fossil-fuel powered vehicles by 2040. This is a new landmark global agreement set at Cop26, having a major impact on companies not only in the automotive industry, but generally in the energy sector.   At least six major automakers agreed […]

COP26: More than 20 countries end financing for fossil fuel projects

COP26: More than 20 countries end financing for fossil fuel projects

Talks are continuing in Glasgow and the COP26 summit is accelerating even more the action towards the goals of the Paris Agreement and the UN Framework Convention on Climate Change. The discussion around fossil fuels is gaining momentum, with more than 20 countries committing to end financing for fossil fuel projects abroad. For the first […]

SEC to establish a more comprehensive framework on climate-related disclosures

SEC to establish a more comprehensive framework on climate-related disclosures

By Nikos Avlonas President of CSE   Earlier this year, the U.S. Securities and Exchange Commission took the first steps to create a new, more comprehensive framework for consistent, comparable, and reliable climate-related disclosures. SEC focused on the local market expectations following a consultation process that took place last spring, with a growing interest in […]

What CFOs should know about Climate Risks in ECB banking supervision

What CFOs should know about Climate Risks in ECB banking supervision

Integrating climate change into the financial stability framework has become part of daily central banking discussions. The Network for Greening the Financial System’s initiative, the 2021 Bank for International Settlements Green Swan Conference, The EIB Group Climate Bank Roadmap 2021-2025 have brought the seriousness of climate change to the attention of central banks and market […]