Big Oil finds a profitable path to going green
Posted February 18, 2019
Goldman Sachs says Big Oil can become Big Energy within 10 years by embracing greener energy
A recent Goldman Sachs report says big oil companies are key to the global climate debate, as their products account for 10 per cent of the carbon emissions of the global energy sector. The rest of the report asks: Can Big Oil change its ways?
Goldman’s answer is yes. It sets out a path through which Big Oil can become Big Energy by the year 2030 by embracing greener energy sources and higher-value petroleum products. These initiatives can help the oil industry reduce its carbon-emission intensity by 23 per cent, a target that matches sustainable development goals while still providing universal access to energy, according to the International Energy Agency.Continue Reading...
2019 Global 100 results
Posted January 22, 2019
Overview of 2019 Global 100 Most Sustainable Corporations in the World index
Global 100 ranking FAQ
Posted January 21, 2019
Answers to frequently asked questions about the Global 100 2019 ranking
How is this ranking calculated?
The ranking starts with identification of all publicly listed companies who had at least US$1B in revenues in the last fiscal year. They are screened for adequate performance disclosure, good financial health, and non-engagement in defined businesses and practices (e.g. weapons and tobacco manufacturing). The resulting shortlisted companies are scored on a mix and weighting of up to 21 performance metrics, tailored to their sector/peer group. The final G100 represents the top performers from each sector/peer group, with the number from each sector based on the relative size of its global market capitalization. See our 2019 Global 100 Methodology for more details.Continue Reading...
Clean Revenue Taxonomy & Definition
Posted November 15, 2018
Corporate Citizens Clean Revenue Taxonomy
Corporate Knights has made a five-year commitment to define and refine a global clean revenue taxonomy standard for calculating Clean Revenue that is consistent, comparable, relevant, and specific as well as being public and free of charge, with the eventual aim of having “Clean Revenue” integrated into the segmented reporting guidance by global accounting standards setting bodies.Continue Reading...
Making the grade
Posted November 9, 2018
The 2018 Better World MBA Results
There isn’t a business on the planet that doesn’t require an executive to be mindful of environmental and social impacts.
Petroleum and mining companies, working on the edge of human civilization, have long faced criticism for changing landscapes and discharging waste. Tech firms, which might seem insulated from scrutiny because they’re headquartered in big cities, own electricity-hungry data centres and source their metals from mines in the developing world.
If and when a media outlet uncovers a practice that the public deems subpar, a CEO needs to know how to defend the company’s actions, or know how to improve.Continue Reading...