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ESG

18th January 2023 News

S&P, UNEP Launch Methodology to Measure Companies’ Nature & Biodiversity Risk

S&P Global Sustainable1 and the UN Environment Programme (UNEP) announced the launch of Nature Risk Profile, a new methodology aimed at enabling companies and investors to assess and analyze companies’ nature-related risks. The new methodology will help in the global efforts to address nature-related issues Read more

WEF Launches Initiative to Channel $3 Trillion per Year to Tackle Climate Change & Nature Loss

The World Economic Forum announced today the launch of Giving to Amplify Earth Action (GAEA), a new program aimed at unlocking $3 trillion per year of financing for initiatives to achieve net zero, nature loss reversal and biodiversity restoration by 2050. According to the WEF, philanthropic capital has unique qualities to meet this need, including being more nimble, risk-tolerant, values-driven and long-term focused. Read more

Thrust on ESG reporting by India Inc: ICAI president

According to ICAI president Debashis Mitra, because of mandatory BRSR reporting for top 1000 listed companies, there will be more focus on non-financial reporting and ICAI has also released social audit standards for sustainability information. Read more

ESG Chronicle Team