GreenCo's weekly ESG newswire summarises the latest ESG news and updates across the globe. In the newswire, the ESG reports published throughout the world are selected, presented and analysed to provide the audience with a full picture of corporate ESG development.
GreenCo's weekly ESG newswire summarises the latest ESG news and updates across the globe. In the newswire, the ESG reports from HKEx and other platforms throughout the world are presented and analysed to provide the audience with a full picture of corporate ESG development.
On 16 April 2021, GreenCo ESG Advisory Limited joined the Low Carbon Charter, making a pledge to transition to a low-carbon economy aligning with the goals of the Paris Agreement to reduce climate-related risks and to secure sustainable development.
With increasing awareness of social and population health impacts private sectors have, Robert Wood Johnson Foundation (RWJF) and the Global Reporting Initiative (GRI) have been working on a project named Culture of Health for Business (COH4B), aiming to push the companies to think differently on how they can affect the population health and society, through exploring business practices that have discrete health and business impacts.
The huge slap of this COVID-19 epidemic on most enterprises made it hard for us to imagine how the aftermath and indirect impacts of the disaster will change the socio-economic structure and business development models. In the post-pandemic era, how to cumulate the experience from setbacks and use the brand new financial values and management system called‘ESG’to empower corporate sustainability development will be a new trend of global development.
With the increasing attention on the “informed market”, ESG information becomes more and more important to investors, who see an organised package of non-financial performance of companies as a powerful auxiliary tool-kit for analysis in making investment decisions. Providing sufficient ESG information not only informs investors in decision-making, but also allows them to gain confidence about the business development of a company in the long-term prospect.
Business and climate change have mutual impacts on each other. Business influences climate change with climate-related reporting today laying more emphasis on different business models’ carbon footprint while climate change does sway business models to some extent with the reporting promoted by Task Force on Climate-related financial disclosures (TCFD) focusing on financial implications of climate change on business models.