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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
On the sidelines at COP27, there is growing concern about the lack of uniform standards for climate-related corporate disclosures.
Editor's note: At the UN COP27 climate summit at Sharm el-Sheikh in Egypt, a broad mix of people have gathered from the world of finance, including big companies, financial regulators, consultants and industry bodies, in addition to the predictable lot—NGOs, youth organizations, indigenous peoples and humanitarian bodies. The first week of the conference saw an impressive line-up of events themed around the disclosure of climate- and sustainability-related information by companies. These events were attended by the likes of UN secretary-general António Guterres, who admonished firms for making unsubstantiated claims about environmental action, commonly known as greenwashing. Most companies are under pressure from investors to disclose data about their carbon footprint, emissions from employees’ air travel and emissions produced by the use of their products by consumers and so on. According to the CDP, a platform for voluntary climate disclosures by firms, the number of companies that share data on the platform has increased 203% since the Paris Agreement was signed in 2015, and 43% over the past year. Apart from this, as part of the Net Zero Asset Managers initiative, 291 signatories …
On the sidelines at COP27, there is growing concern about the lack of uniform standards for climate-related corporate disclosures.
Editor's note: At the UN COP27 climate summit at Sharm el-Sheikh in Egypt, a broad mix of people have gathered from the world of finance, including big companies, financial regulators, consultants and industry bodies, in addition to the predictable lot—NGOs, youth organizations, indigenous peoples and humanitarian bodies. The first week of the conference saw an impressive line-up of events themed around the disclosure of climate- and sustainability-related information by companies. These events were attended by the likes of UN secretary-general António Guterres, who admonished firms for making unsubstantiated claims about environmental action, commonly known as greenwashing. Most companies are under pressure from investors to disclose data about their carbon footprint, emissions from employees’ air travel and emissions produced by the use of their products by consumers and so on. According to the CDP, a platform for voluntary climate disclosures by firms, the number of companies that share data on the platform has increased 203% since the Paris Agreement was signed in 2015, and 43% over the past year. Apart from this, as part of the Net Zero Asset Managers initiative, 291 signatories …
Thinly traded listed entities have long served as breeding grounds for stock manipulation, hurting investors. The regulator, the NSE and BSE now want to fix things by focusing on efficient delisting.
The newly announced levy on UPI payments undermines the very foundation of using digital payments for stock market investing. Brokers are in a tizzy.
The stock market regulator is investigating a string of disappointing public listings. The idea is to send a message.
Thinly traded listed entities have long served as breeding grounds for stock manipulation, hurting investors. The regulator, the NSE and BSE now want to fix things by focusing on efficient delisting.
The newly announced levy on UPI payments undermines the very foundation of using digital payments for stock market investing. Brokers are in a tizzy.
The stock market regulator is investigating a string of disappointing public listings. The idea is to send a message.
