General Motors (GM) has confirmed it is laying off approximately 1,000 workers worldwide as part of a broader effort to reduce costs and streamline its operations. The layoffs, which impact a combination of salaried and hourly workers, come as GM faces increasing pressure to remain competitive in an increasingly crowded and volatile global automobile market. […]
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JPMorgan Chase, one of the world’s largest financial institutions, has revealed that it is financing $1.29 in green energy projects for every $1 it allocates to high-carbon energy sectors, according to its latest Sustainable Finance Report released in 2024. This disclosure follows increasing pressure on major banks to address their role in financing both renewable […]
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Summary:The International Organization for Standardization (ISO) introduced a new set of ESG Implementation Principles at COP29, aimed at providing a unified framework for organizations worldwide to enhance their Environmental, Social, and Governance (ESG) practices. Developed with input from over 1,900 experts across 128 countries, the principles are designed to simplify compliance, improve the consistency of […]
Continue ReadingSynopsis: The business case for the adoption of ESG (environment, social, governance) in the race to attract and retain top talent while London is forecast to greatly increase headcount. Three letters can make the difference in a fierce market. Humperdinck Jackman discusses the contribution of ESG. Published in the London Chamber of Commerce magazine London […]
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In a recent study conducted by Microsoft and Kyndryl, it was revealed that only 21% of organizations are actively leveraging technology to achieve their sustainability goals. The report sheds light on the gap between the potential of modern technologies to drive sustainable practices and the actual implementation of such technologies in organizations’ Environmental, Social, and […]
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In a rapidly evolving global landscape where sustainability is becoming a central focus for businesses and policymakers alike, a recent survey by IBM has revealed that an overwhelming 90% of business leaders believe that Artificial Intelligence (AI) will play a pivotal role in achieving their sustainability goals. The survey, which polled senior executives across a […]
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Date: November 14, 2024Incident Date: November 12, 2024 A devastating landslide in western Madagascar on November 12, 2024, has claimed the lives of at least 16 people after it struck an area along the Tsiribihina River. The tragic event occurred while a boat, carrying 26 passengers, had docked at the port. The landslide hit suddenly, […]
Continue ReadingDiana Acconcia, Director for International Affairs and Climate Finance in the Directorate-General for Climate Action of the European Commission, right, at site visit to training on solar PV maintenance targeting unemployed youth, organised by an EU funded project. The EU works closely with other countries and regions to advance dialogue and cooperation on climate change with […]
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Introduction The 21st century is already witnessing a fundamental shift in the drivers of global conflict. As Ismail Serageldin, the Egyptian scholar and former Vice President of the World Bank, famously stated: “If the wars of the last century were fought over oil, those of this century will be fought over water.” Nowhere is this […]
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Building Equitable and Sustainable Transitions: Addressing the Needs of Fossil Fuel-Dependent Nations in the Age of Climate Action As the world accelerates its transition from fossil fuels to renewable energy sources, the urgency of climate action is clear. From rising sea levels to extreme weather events, the impacts of climate change are already being felt […]
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