The percentage of board members and senior executives who believe that the pandemic has increased the expectations of consumers, workers, governments and society at large that businesses will lead the effort for positive social impact, environmental sustainability and growth without foreclosures, has increased significantly, from 66% to 84%. This is according to EY’s annual global […]
Tag: ESG
Deutsche Bank warns of bubble in carbon markets
Deutsche Bank warned of a possible bubble in carbon markets, while the Bank of Singapore called for more attention to corporate governance, at the Bloomberg Asia Wealth Summit. In particular, as Bloomberg reported, when asked about potential ESG bubbles, Deutsche Bank’s Asia-Pacific ESG director Kalpana Seethepalli said carbon markets stand out, although she noted that […]
OTE Group: Commitment to a more sustainable world, better for everyone
At the disposal of all interested parties is the Unified Sustainable Development Report 2021, which reflects for one more year the commitment of the OTE Group companies to the Principles of Sustainability, as well as the progress made in 2021, with the aim of a more sustainable world, a better for all. With sustainable development […]
Global Sustain Rating: New tool for assessing ESG criteria for business financing
Global Sustain presented the comprehensive non-financial data collection, analysis and evaluation application that enables the registration and evaluation of data related to environmental (E=Environmental), Social (S=Social) and Governance (G=Governance) issues. The application – the Global Sustain Rating – as stated by Michalis Spanos, Managing Director of Global Sustain, has been developed to be used by […]
The opportunities and the ‘thorns’ of the green transition
Developing clear policies to address the challenges ahead is a key condition for achieving a fair and inclusive green transition. The last part of the international conference entitled “The Future of Sustainable Finance”, organized by the Hellenic Capital Market Commission at the Karatza Palace, occupied the opportunities, challenges and problems related to sustainable financing. During […]
The challenges of ESG and the role of Greece 2.0
The importance of the “Greece 2.0” plan for the green transition and the challenges that ESG issues highlight for businesses were analyzed by distinguished speakers during the international conference entitled “The Future of Sustainable Finance”, organized today by the Hellenic Capital Market Commission in Karatza Palace. According to the Deputy Minister of Finance, Theodoros Skylakakis, […]
Ef. Mytilineos: We rushed a lot for the green transition
“In September, for the first time, and long before the war broke out in Ukraine with the known consequences, I said that I think we rushed for the green transition and unfortunately this prediction turned out to be correct, and this also applies to Greece,” he said. and CEO of Mytilineos, Evangelos Mytilineos .. “Clearly […]
Goldman Sachs is in the sights of the US Securities and Exchange Commission
Goldman Sachs is facing an investigation by the US Securities and Exchange Commission (SEC) into ESG investments (investments based on environmental, social and corporate governance criteria), according to the Wall Street Journal. The SEC investigation focuses on Goldman’s asset management arm, according to those familiar with the matter. The agency examines whether certain investments violate […]
Chr. Megalou: Green loans and investments of € 9 billion in three years
New loans with criteria of Environmental, Social and Corporate Governance (ESG) amounting to 4.1 billion euros, funds of 3.5 billion euros to ESG mutual funds and issuance of green bonds totaling 1.8 billion euros are included in Sustainability Banking Envelope of Piraeus Bank for the period 2022-2025. As Christos Megalou, CEO of the Bank, pointed […]
Global Sustain’s ESG Risk Assessment Principles e-learning program for Moody’s
The development of the e-Learning program entitled “ESG Risk Assessment Principles” (ESG Risk Assessment), developed in collaboration with Moody’s Analytics, was announced by Global Sustain, which is available online. According to a relevant announcement, market participants need the necessary knowledge and tools to improve the readiness to transition to an economy with zero greenhouse gas […]