Wallem Group’s ESG report shows growing commitment to sustainable maritime practices

Wallem Group, a leading global maritime partner, has released its Environmental, Social and Governance (EGS) report, reinforcing its commitment to safe, sustainable and responsible practices across its ship management, ship agency and crewing businesses. In reaffirming its role as a trusted global partner delivering industry-leading services, the report stresses Wallem’s mission to support safe and

ICSI to prepare international standards on sustainability

The Institute of Company Secretaries of India (ICSI) is working on international standards on sustainability and will unveil them soon, its president Manish Gupta said. Speaking at the inauguration of the institute’s third centre of corporate governance, research, and training in Kolkata, he said the decision to develop such international standards is in line with

Alibaba cuts down carbon emissions in direct operations

The company is tapping smart energy management and increasing the use of clean energy as it strives to hit its goal of carbon neutrality by 2030.

ESG jobs witness a huge surge in India

The company also said that despite the massive increase in last three years, a decline of 22 per cent was seen last year in the ESG secto

Future job creation will come from green investments

The Future of Jobs Report 2023, by the World Economic Forum, did strike a warning note saying that 26 million jobs will be wiped out globally by 2027. However, a macrotrend listed in the report deserves attention. According to the report, businesses expect that the greatest net job creation impact will come from investments that

VesselsValue obtains Class C certification

ClassNK granted the Class C Innovation Endorsement Provider Certification to VesselsValue Ltd., which provides daily updated ship values and data based on the latest market insights and intelligence. ClassNK offers its third-party Innovation Endorsement “Provider Certification”, which supports innovative initiatives for companies and organizations. As companies pursue ESG-oriented management and SDGs, ClassNK conducts third-party certification

World Bank approves funding for Brazil to meet climate goals

The World Bank´s board of directors approved a $500 million project in Brazil to expand sustainability-linked finance and strengthen the private sector’s capacity to access carbon credit markets and help the country curb deforestation. Sustainability-linked financing (SLF) allows for lower financing costs when certain environmental, social and governance (ESG) requirements are met by a company

EY and Microsoft to help businesses develop ESG data management

The EY organization and Microsoft have announced a deepened strategic relationship to further develop environmental, social, and governance (ESG) data management offerings that support clients with achieving operational decarbonization and net-zero goals. EY said in a statement that through this commitment, EY and Microsoft will address a host of sustainability needs through technology, including improving

REG released its ESG report for 2021

Renewable Energy Group (REG) has released its new 2021 environmental, social and governance (ESG) report. REG outlined that as the world transitions to clean energy solutions, the company is playing a critical role in the advancement of decarbonisation of liquid fuels. The new report showcases the company’s 2021 ESG performance. Highlights include the fact REG

Bridging the gap between big tech’s net zero aspirations and reality

The pressure is mounting on businesses to slash their carbon footprint, driving a flurry of net zero commitments. However, some firms are still lacking the fundamentals necessary to hit their ambitious climate goals and the confident vision is not translating to reality on the ground. Technology companies are no exception. A bank of research and