Ethical investing need not penalize struggling economies

Ethical investors may be unintentionally screening out investments in poorer countries where they can do the most good

As awareness dawns of the increasing risks of climate change, business and government have developed new tools and mechanisms to promote pro-social and environmentally friendly investment. But one U.K. analyst is pointing out that such high standards could backfire by restricting capital to many developing nations that need it most.

Charles Robertson is the London-based global chief economist at Renaissance Capital, an investment bank specializing in emerging markets. As the lead author of The Fastest Billion: The Story Behind Africa’s Economic Revolution (2012), Robertson has a genuine interest in helping developing countries succeed – and thinks they deserve a break from well-meaning financial engineering.

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Big Oil finds a profitable path to going green

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.

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2019 Global 100 results

Overview of 2019 Global 100 Most Sustainable Corporations in the World index

Global 100 ranking FAQ

By CK Staff
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.

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Clean Revenue Taxonomy & Definition

Corporate Citizens Clean Revenue Taxonomy                                                                                       

Corporate Knights has made a 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.

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Making the grade

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.

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Meet 2018’s Top 30 Under 30 in Sustainability

One act at a time, these winners are tackling the big sustainability problems of our day and have no plans on stopping.

"Our supply of ingenuity … involves both the generation of good ideas and their implementation within society,” Canadian scholar Thomas Homer-Dixon wrote in his 2000 book The Ingenuity Gap.

“It's not enough for a scientist, community, or society simply to think up an idea to solve an environmental problem; the idea must also be put into practice – the hybrid corn must be planted, the new farming credit system must be set up and operated, the community must educate itself to change its behaviors – before the ingenuity can be said to be fully supplied.”

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Green firm financing could bring in $110 billion by 2025: report

A new report looks at the revenues Toronto financial firms could make by targeting sustainable companies and projects.

Canada’s financial companies could make annual revenues of $110 billion by 2025 by targeting firms and projects that reduce or have lower greenhouse gas emissions, a trio of public and private groups said Sept. 17.

Taking advantage of the estimated opportunity, which was measured by Corporate Knights Research, requires a coordinated strategy between governments and companies, public-private partnership Toronto Finance International and financial services firm Ernst & Young Canada, two other members of the group, said.

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Losing mass

By CK Staff
Politicians search for answer as Lake Chad continues to shrink

Brainstorming unorthodox solutions for “recharging” Lake Chad was on the agenda at the International Conference on Lake Chad (ICLC) hosted by Nigeria in February.

The West African lake, once the fourth largest on the continent, has lost 90 per cent of its water mass over the past 50 years due to a combination of population growth, irrigation withdrawals and climate change.

This has threatened the livelihoods of over 40 million people in the region who depend on resources from the lake for crop and livestock farming, trade and fishing, according to UNESCO officials. Lake Chad’s current basin covers portions of Niger, Nigeria, Cameroon and Chad.

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Indigenous legal orders

University of Victoria set to offer first combined common law and Indigenous law degree

The University of Victoria’s Faculty of Law will soon launch Canada’s first joint common law and Indigenous law program, as long as it secures final quality assurance approval from the provincial government.

Up to 25 students will begin the four-year program in September, which will combine a common law education with Aboriginal legal principles. Graduates are awarded degrees in both Canadian Common Law (Juris Doctor) and Indigenous Legal Orders (Juris Indigenarum Doctor).

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