News

Companies vulnerable to climate change risks yet to reflect them in their business models

While climate negotiations resume at COP24 in Poland to implement the Paris Agreement objectives, a report highlights the lack of consideration companies give to climate risks. This is especially true for so-called transition risks, or risks related to forthcoming climate regulations.

[Focus CSR ] Air Liquide accelerates its carbon intensity reduction with 2025 objectives

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 solid, achievable, and proven practices that have been put in place by major economic leaders. During this...

L’Oreal, Michelin, Orange…Those companies are going forward circular economy

In February 2017, 33 French major companies committed to the circular economy. Almost two years later, 95% of promises are on schedule or ahead of schedule. Five examples show that the mobilization is well under way.

States must triple efforts to keep global warming under 2°C

It is extremely unlikely that global warming will be kept under 2°C if the gap between the current levels of greenhouse gas emissions and the level required does not close by 2030. However, only 57 countries are set to reach peak emissions by this deadline, warns a new report from the UNEP (United...

Sustainable finance, a growing sector

An international mobilization for a sustainable finance has taken place in Paris this week. The major players in the sector took stock of their actions and made new green commitments. To this day, while sustainable finance is still a small business, a real movement seems to have begun to build a...

A green CAC40 index, for what?

It is now possible to invest in the largest, most transparent French listed companies on environmental criteria, or so is Goldman Sach’s promise with their new "green" financial product. The bank is relying on data from the Carbon Disclosure Project (CDP) to choose the 40 most advanced French...

Ghosn scandal sheds light on the growing power of corporate whistle-blowers

Similar to UBS, Danske Bank, and Cambridge Analytica, the Carlos Ghosn affair was uncovered by a whistle-blower. This recent scandal demonstrates the rise of whistle-blowers in the corporate world, against a backdrop of increased demands on companies for transparency.

Emmanuel Macron launches “Paris call” in fight against cyber warfare

The increasing number of cyberattacks in the world is pushing states and companies to organise against the rise of an internet warzone. This was the purpose of the “Paris Call”, a high-level declaration initiated by Emmanuel Macron, which includes 370 States, NGOs and corporations…with Washington,...

Environmental risks pose short-term threats for oil, chemical and transportation sectors

Moody’s evaluated 84 sectors’ exposure to environmental risks. Those most under threat include construction, steel, chemical, automotive and logistics sectors. According to the rating agency, environmental factors could diminish the credit quality of the sectors concerned in the next three to five...

Fossil energy: do the investors has to make a choice between dialogue and divestment ?

For investors around the world, coal is no longer good press. It is difficult for banks, insurers and well-established pension funds to keep this global warming symbol in their portfolios. Should divestment now expand to other polluting energy sources or should dialogue with companies be...

The UN pressures business to protect human rights defenders

Local communities, workers and unionists can be at risk of corporate retaliation when defending their land, union rights or working conditions. The growing power of multinationals makes these actors increasingly vulnerable. In addition to existing and developing international texts, new actions must...

Lithium: a vulnerable resource pushing the power of electric vehicles

Lithium is abundant on Earth. This is good news because the metal is essential for manufacturing the batteries found in electric vehicles. Nevertheless, the concentration of geological deposits and production tools in countries with uncertain economic policies poses a risk to lithium availability...

From chocolate to hazelnut, Ferrero wants 100% sustainable certification and traceability plan by 2020

Sustainable chocolate and a traceability plan for hazelnuts. The Ferrero Group has announced its intention to achieve complete traceability of these raw materials for which it is the primary global consumer. The group also announced a sustainable certification plan for all of its cocoa.

Companies call for more ESG engagement

The investor-business dialogue is a lever for sustainable creation, according to the companies that attended Novethic’s Positive Investors Forum on 6 November. This was a heartfelt cry that came from both sustainable development directors and engaged CFOs. Today, however, conventional investors are...

[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...