CTMcast - 21 May 2020: Business models, increased automation, FX risk, global trade, & climate change
Jack, Ben and Nick Franck review CTMfile’s posts over two last weeks
Sustainable Trade / Risk Management
Nasdaq solution seeks to simplify corporate ESG reporting
The platform aims to support corporate sustainability and the ESG reporting process for public companies.
Davos 2020: Deutsche Bank report highlights sustainable growth
The bank asks if humans will sacrifice economic growth to halt environmental damage.
Global green & ESG-linked loan volumes increased nearly 2.5 times in 2019
Refinitiv LPC’s Year in ESG/Green Lending report also showed BNP was leading lender and largest deal was with Royal Dutch Shell
US companies and labour unions unite for climate action
ING says the alliance underlines the importance of a stable transition to a low-carbon economy.
Environmental, social and governance risks moves centre stage
Fitch to use ESG approach in all published credit reports by mid-2020 as green investment booms
Europe move on deforestation may impact on supply chains
The European Commission has signalled action to protect and restore the world’s forests, which are home to 80% of biodiversity on land
Climate change litigation ‘a growing threat to profitability’
New regulation, strategic litigation and emerging duties of care impact on corporate assets, investment and supply chains a study finds
Australia’s NAB develops employees’ data and analytics skills
Data is the currency of the future, according to the ‘Big Four’ bank, as it launches two in-house education initiatives for employees
Climate change – a damage limitation exercise
The outlook is bleak, but momentum is building to stave off the worst extremes as global warming's impact for business becomes clear
UK government unveils Green Finance strategy
The Treasury wants the country’s financial services sector to be at the centre of policies to combat climate change
LGIM adds more big names to climate change blacklist
Legal and General Investment Management adds five companies, including oil giant ExxonMobil, judged to be laggards
Boom in captive insurers writing third-party risks
The digital era is driving double-digit growth as technology makes it easier for companies to offer insurance to customers and supplier
Walmart creates own supply chain for beef
The US supermarket group is working with cattle producers and processors to develop its own supply chain for Angus beef.
BoE governor: banks must ‘raise the bar’ on climate change
Mark Carney and the governor of France’s central bank say that banks and insurers must to more to avert catastrophe.
LME supports blockchain consortium to track global metals
The initiative comes as companies face growing pressure to detail the environmental and social impacts of their supply chains.
US corporates brace for financial impact of climate change
Firms are increasingly aware of the damaging effect climate change will have on them – not just financially but on reputation
Climate change will be key focus for regulators in 2019
Extreme weather events in recent years have highlighted how financial risks associated with climate change can affect businesses
Global CEO concerns are shifting and their future focus is…
More worried about geopolitics, climate change and security, less worried about growth, as sustainability becomes essential new focus
Issuers must act now to address non-financial disclosure gap
Non-financial disclosures are becoming increasingly essential to institutional investors' decision-making, according to a study by EY
Financial reporting should embed key sustainability data
Business has made important progress in improving reporting on key environmental and social goals but much more needs to be done
Reporting on sustainability factors just got easier
The SASB has codified the first industry-specific sustainability accounting standards covering 77 industries
Future-proof your business with a sustainability programme
Can the Terra approach to financial technology and investment change the way banks think about energy transition?
Non-financial, environmental reporting gains momentum
European financial markets authorities are shining a spotlight on non-financial, environmental disclosures in annual statements