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Safeguarding Health and Safety in the Mining Industry: A Path to Sustainable and Responsible Practices

Safeguarding Health and Safety in the Mining Industry: A Path to Sustainable and Responsible Practices

Introduction to the Mining Industry Mining plays a critical role in global development, attracting investments, stimulating local businesses, and generating substantial government revenues. It provides employment opportunities, fosters economic growth, and supplies essential resources for industries such as construction, manufacturing, energy, and technology. Mining also supports infrastructure development in remote areas and contributes to technological…

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Greenwashing Uncovered: The Dark Side of False Eco-Friendly Advertising

Combating Greenwashing through the Advent of ESG Reporting Software As highlighted by Gartner researchers, political entities globally are expected to endorse nation-state initiatives for investing tens of trillions of dollars towards climate mitigation between 2025 and 2035. The business sector, motivated by consumer demand and driven by progressively stringent regulations, has responded by taking action toward establishing…

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ESG backlash in the US: what implications for corporations and investors?

ESG Backlash in the US: What Implications for Corporations and Investors?

June 11, 2023 Tima Bansal is a professor and Diane-Laure Arjaliès an associate professor at Ivey Business School Action to block asset managers’ use of “green” filters in a growing number of US states reflects an escalating political backlash against mission-driven investment, with great relevance to students of business. According to deal data provider PitchBook,…

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EU Modernisation Fund Invests €2.4 Billion to Accelerate the Green Transition in 7 EU Countries

EU Modernisation Fund Invests €2.4 Billion to Accelerate the Green Transition in 7 EU Countries

June 9, 2023 The European Union’s Modernisation Fund has disbursed €2.4 billion to 31 projects in seven beneficiary countries to help modernise their energy systems, reduce greenhouse gas emissions in energy, industry and transport, and improve energy efficiency. It is the joint largest disbursement to date and will provide a boost to Europe’s green transition.…

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New roadmap for greenhouse gas reporting

New Roadmap for Greenhouse Gas Reporting

June 9, 2023 The International Federation of Accountants (IFAC) and the We Mean Business Coalition (WMBC), in collaboration with Accounting for Sustainability (A4S), Global Accounting Alliance (GAA), and World Business Council for Sustainable Development (WBCSD), recently released a guide to help accountants navigate the world of greenhouse gas (GHG) reporting. As climate change continues to…

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Australia Mandates Bank Regulator to Consider Climate Risk, Adopt Climate Reporting Standards

Australia Mandates Bank Regulator to Consider Climate Risk, Adopt Climate Reporting Standards

June 9, 2023 The government of Australia announced that it is for the first time mandating Australia’s financial regulator, the Australian Prudential Regulation Authority (APRA), to incorporate climate change-related risks as part of its role. The new requirement, released as part of an updated Statement of Expectations for ARPA, includes “promoting transparency in relation to…

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ESAs explain greenwashing in the financial sector

ESAs Explain Greenwashing in The Financial Sector

June 9, 2023 The European Supervisory Authorities (EBA, EIOPA, and ESMA) have released a Progress Report outlining a common understanding of greenwashing in the financial sector. Greenwashing can refer to intentionally or unintentionally offering misleading sustainability information and – unsurprisingly – the ESA’s report highlights lack of data as a cause. In their coordinated efforts,…

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EU Parliament approves company governance ESG regulation, advances climate transition plans

EU Parliament Approves Company Governance ESG Regulation, Advances Climate Transition Plans

June 9, 2023 The European Parliament has voted in favour of significant new rules designed to reshape corporate practices and strengthen accountability for the environmental and social impacts of companies. The regulations will require companies to identify, address, and mitigate the effects of their activities and value chains on human rights and the environment. This…

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