To sustain our future and continue having a prosperous economy for this and future generations, new business models are required.
It is encouraging to see that more corporate executives are starting to integrate sustainability inside, not just beside the business.
Organizations are delivering financial outperformance as a result of these structural changes and the alignment of corporate purpose alongside profits. New business leaders are making genuine, fundamental commitments to all stakeholders.
Refinitiv, in Partnership with Professor Andreas Hoepner and his financial data science colleague Gabija Zdanceviciute, take a deeper look into Refinitiv ESG data to analyse whether corporate boards and structures are indeed changing and if such changes have an impact on companies’ environmental and social performance.
Analysis in the report includes:
The Sustainable Investment Forum North America 2019 takes place in New York on September 25. As the event drew near, II caught up with Leon Saunders Calvert, Head of Sustainable Investing & Fund Rating at Refinitiv, to discuss how Refinitiv is promoting sustainable finance.
Let’s start with some background on Refinitiv and your role there?
Refinitiv is one of the world’s largest providers of financial markets data and infrastructure, formerly the Financial and Risk business of Thomson Reuters. I head up the Sustainable Investing and Fund Ratings businesses. One of the key assets I am responsible for is our global database of corporate disclosure on Environmental, Social, and Governance (ESG) metrics. We aggregate, normalize, and create analytics to disseminate the data to the institutional finance community, including the world’s largest asset managers and asset owners, many of whom use it at the core of their ESG investment...
A lack of common ESG standards makes it difficult for investors to identify what can be classed as sustainable, responsible or ESG investing. In the absence of universally understood terminology, the EU’s plans for a green taxonomy provide a blueprint to Canada and countries around the world to standardize ESG and combat the greenwashing of ESG assets.
Hosted exclusively on Refinitiv Messenger, GSF is the only online editorial community for financial professionals to chat about sports.
Rugby fans rejoice! Once again, the GSF is back for the Six Nations. Our award-winning sports editor will be bringing you comprehensive coverage of all the action, commentary and insights from 29 January to 16 March 2020.
All you need is Refinitiv Messenger to join, available as a free standalone app. No Eikon subscription required. Don't have Refinitiv Messenger? Request a free account here to gain access to the GSF.
Innovate or become obsolete. That is the hard truth that established companies have begun to realize. In order to compete, they must innovate faster than ever before.
From data management to automation, we now have the tools to truly change the workforce at a faster pace unlike any other. And, with this, we will be able to shape more jobs and enhance productivity.
Imagination Has Lead to Innovation
You might be wondering, what has led to this level of innovation that we see today? Yes, advancements in technology have allowed us to create new and improved designs and processes but, it is far more than that. It’s imagination that has started us on these journeys.
People are curious creatures, and it is this curiosity that has sparked a limitless imagination. Human imagination has taken us from discovering fire to creating the telephone to putting us on the moon. Until now, machines were programmed to simply do what we told them, but now...
Three members from the legal affairs committee are currently working to ensure the EU is prepared for the legal and ethical aspects of developments in artificial intelligence (AI). Find out more in our interview.
We asked German EPP member Axel Voss, the member responsible for issues relating to civil liability regime for artificial intelligence, about how the EU can solve the legal uncertainties created by the use of AI.
What problems does the Parliament wants to solve?
Although Europe’s existing civil liability framework covers most upcoming scenarios, new technologies based on AI will nevertheless expose several unsolved issues.
In the case of an AI malfunction, it will for instance become rather difficult to differentiate between negligent and non-negligent conduct. Who exactly is liable if an AI-driven robot hurts a pedestrian in a public space or makes a mistake during a surgery?
The European Parliament wants to propose a...
As a species, we humans seem to abhor stasis. We're always striving for change, whether that's a change in location, appearance, outlook, or view of the world.
Generally, we're looking for positive outcomes, but huge industries around gambling, entertainment, and assorted vices would imply that even the risk of negative outcomes is not enough to dissuade us from seeking some sort of transformation, irrespective of the cost.
The growth of sustainability reporting means shareholder value is no longer the only corporate benchmark that matters. A report using Refinitiv ESG data tracks the benefits of Corporate Social Responsibility metrics, including for financial outperformance.
The Fundamental Review of the Trading Book (FRTB) is not due for implementation until January 2022, but banks might soon be in a race against time to meet the market risk rules. What are the milestones they need to know about for FRTB compliance?
Payments companies continue to be some of the most highly valued businesses in fintech. They had notable exits in 2019, including Visa’s pending $5.3 billion acquisition of Plaid and the IPO of Bill.com, a $4 billion (market value) business-to-business payment processor that has doubled in value since it went public in December 2019. Last year, payments startups attracted a gusher of funding, taking in $15 billion globally, a 20% jump over 2018 and more than one quarter of all fintech funding, according to Accenture.
- Top 50 publishers (last 24 hours)