Harvard Business Review (February 15)
“A uniform set of standards for measurement and reporting — just as we have for financial performance” is essential for communicating ESG performance. “Imagine a world where each company had to decide for itself how to measure say, revenues, or depreciate its assets…. That is the situation companies have been living in when it comes to ESG — but there is hope on the horizon.” The International Sustainability Standards Board (ISSB) has emerged as the “forerunner… to offer a single source of truth of ESG reporting.”
Tags: Assets, Depreciate, ESG, Financial performance, ISSB, Measurement, Reporting, Revenues, Standards, Uniform
Financial Times (January 24)
Undercover reporting by the Financial Times revealed “groping and sexual harassment” at a secretive black-tie event that “has been a mainstay of London’s social calendar for 33 years.” Thursday’s event, attended by 360 men “from British business, politics and finance” with entertainment provided by 130 female hostesses, however, will be the last. The expose unleashed a deluge of criticism and The Presidents Club is disbanding.
Tags: Black-tie, Business, Entertainment, Finance, Groping, London, Politics, Presidents Club, Reporting, Secretive, Sexual harassment, Social calendar, Undercover
Institutional Investor (June 1)
Nearly a decade after the financial crisis, financial institutions still face challenges. However, the “savvy” ones are simplifying their structures and realizing efficiency gains. “For the past nine years, investments have poured into regulatory compliance and reporting initiatives. The rapid development of disruptive technologies such as robotics and artificial intelligence is helping firms automate many of those processes and redirect their energy toward growth activities. Big data, analytics and digital technology shed light on what they do best—and most profitably—and enhance the customer experience.”
Tags: AI, Analytics, Big Data, Challenges, Customers, Digital technology, Disruptive technologies, Efficiency, Energy, Financial Crisis, Growth, Investments, Profit, Regulatory compliance, Reporting, Robotics, Savvy
Institutional Investor (July 28)
“CSR reporting is on the rise, and so is its impact. More companies are publishing corporate social and sustainability reports on their operations amid fresh evidence that transparency enhances valuations.”
Tags: CSR, Evidence, Impact, Operations, Reporting, Sustainability, Transparency, Valuations
