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[Focus CSR] Veolia’s "critical friends" committee challenges company strategy
How can companies better diffuse CSR (Corporate Social Responsibility) internally and throughout its ecosystem? This is the question all committed companies are asking. Novethic has identified good, achievable, and proven practices that have been put in place by major economic leaders. This week,...
International treaty on human rights may do more harm than good, according to employers’ organisations
The binding international human rights treaty currently being negotiated at the United Nations (UN) could be detrimental to developing countries. This is one of the arguments put forward in a report by employers' representatives, the International Organisation of Employers (IOE), and highlighted by...
[Focus CSR] Sustainable development objectives guide group transformation at Suez
How can companies better diffuse CSR (Corporate Social Responsibility) internally and throughout its ecosystem? This is the question all committed companies are asking. Novethic has identified good, achievable, and proven practices that have been put in place by major economic leaders. This week,...
"173 shades of reporting": will there soon be a European version of article 173?
On 25 October, Novethic published "173 Shades of Reporting: Edition 2", an in-depth analysis of the climate risk and integration of environmental, social and governance criteria (ESG) reporting conducted by the top 100 French institutional investors. The results from the first two editions show the...
Thousands of students from prestigious universities refuse to work at polluting corporations
It is a manifesto for an ecological awakening. More than 18,000 students from top Paris-based universities such as École Polytechnique, École normale supérieure and HEC, have signed off on profound change, and this includes choosing their future employer. Diving head first in a polluting corporation...
Decathlon uses environmental disclosure as a dialog tool with its stakeholders
How can companies better diffuse CSR (Corporate Social Responsibility) internally and throughout its ecosystem? This is the question all committed companies are asking. Novethic has identified good, achievable, and proven practices that have been put in place by major economic leaders. The following...
D-Orbit: the space cleaner who wants to do good to society
D-Orbit is an Italian startup specialized in cleaning space. Considered by the experts as one of the 100 startups to be followed globally, it is one of the first Italian companies with a mission. A status that allows it to exert an additional attraction on talents and investors!
At Solvay, every innovation must prove sustainable ahead social and environmental challenges
How can companies better diffuse CSR (Corporate Social Responsibility) internally and throughout its ecosystem? This is the question all committed companies are asking. Novethic has identified good, achievable, and proven practices that have been put in place by major economic leaders. This week,...
Sustainable finance : three trends making finance more positive
Finance is not our enemy. On the contrary, it can even be used to develop a positive economy! This is the message that a changing sector wants to deliver. With a focus on three innovations created by startups discovered at the Change Now event, major financial institutions want to direct funding to...
ESG integration : a question of financial profitability
The integration of ESG criteria in investment vehicles is becoming increasingly common for companies and investors worldwide, according to an East and Partners study commissioned by HSBC. For investors, ensuring the financial profitability of their portfolios is of the utmost importance.
Europe and Bill Gates launch a fund to finance "radically new" technologies for energy
The European Union and US billionaire Bill Gates have launched a 100 million euro investment fund to support technological developments in the field of clean energy.
ExxonMobil pledges $1 million to campaign a carbon tax
ExxonMobil pledged on Tuesday to donate $1 million to support efforts to adopt a carbon tax in the United States; a surprising first for an oil giant accused for years of having financed climate-skeptic studies.
[focus CSR] At Unibail-Rodamco-Westfield, every employee shares the environmental and social responsibility
How can companies better diffuse CSR (Corporate Social Responsibility) internally and throughout its ecosystem? This is the question all committed companies are asking. Novethic has identified good, achievable, and proven practices that have been put in place by major economic leaders. The following...
TCFD: Companies increasingly transparent on climate-related disclosures
Thus far, 513 organisations have expressed their support for the 2017 recommendations from the Task Force on Climate-related Financial Disclosures (TCFD). A positive start, the majority of these organisations already publish information on the subject. But there is still some work to do in order to...
Sustainable finance : Too many obstacles between engagement and action
Toronto and Wall Street have announced plans to launch initiatives geared toward the sustainable finance movement... and may even become leaders. But the movement is joined by some of the largest oil sand producers in the world, and motivation behind leading such a movement is driven by short-term...
European carbon market: with a rise in the price, the energy transition accelerates
A new Carbon Tracker study found that European Union (EU) carbon prices could average between €35-40 per tonne over the next five years. At this rate, the EU could save around 400 million tonnes in carbon emissions over the 2019-2023 period.
[Focus CSR] BNP Paribas transforms itself through company engagement
How can companies better diffuse CSR (Corporate Social Responsibility) internally and throughout its ecosystem? This is the question all committed companies are asking. Novethic has identified good, achievable, and proven practices that have been put in place by major economic leaders. The following...
Climate lobbying : the double standard of European employers' organisations
A memo from Business Europe, the European employers' organisation headed by former Medef president Pierre Gattaz, revealed the nature of climate lobbying in Brussels. Even if the organisation portrays an image in support of the EU's climate ambitions, it explicitly asks its members to avoid any...
Exxon and Chevron join a climate initiative
Oil giants Chevron and ExxonMobil have joined an industry initiative to fight climate change. These are the first American to join this 2014 initiative, of which Total is a founding member.
Financial management debates on ESG fail to consider the social factor
In San Francisco, the Global Climate Action Summit and PRI in Person are taking place concurrently. On this occasion, responsible investors assert that a fair ecological transition will not be achieved by responding to climate and environmental issues alone: social dimensions must also be taken into...