News

Mcdonald's puts science on the menu of its greenhouse gas emissions reduction plan

McDonald's becomes the first restaurant corporation to have its targets for reducing greenhouse gas emissions approved by a scientific committee (Science Based Targets). By 2030, the group is committed to reducing its emissions across its entire supply chain by more than a third, based 2015 figures,...

[INSIDE STORY] Business confidentiality and slapp laws: legal obstacles to greater business transparency

The Bolloré group's trial against journalists and NGOs concerning damage to the reputation of its brand, raises some questions. Even if the Commercial Court has dismissed their case, the group has managed to avoid countless calls for greater transparency and vigilance concerning company activities...

Artificial Intelligence : Google employees denounce collaboration on Pentagon research project

Google employees are launching a rebellion. And it could hurt the Internet giant’s reputation. The brand's employees are denouncing an artificial intelligence research program conducted with the US military. They fear that this work will be used to improve the effectiveness of combat drones.

[INFOGRAPHIC] Planet Earth facing a man-made mass extinction

All signals are red. According to biodiversity experts, Earth is facing a "mass extinction" of its species, the first since the disappearance of dinosaurs 65 million years ago and the sixth in the last 500 million years. But more importantly, it is the first extinction caused by human activity, and...

High-level conference: a glorious day for sustainable finance

A packed hall in the heart of Brussels' European Quarter and prestigious speakers, such as Emmanuel Macron, Michael Bloomberg, Jean-Claude Juncker. On March 22nd, the High-Level Conference on sustainable finance was organized by the European Commission to launch its sustainable finance action plan....

The functional economy: from selling goods to selling solutions

At the end of March, the French government will present its roadmap for the circular economy. The goal is to break from the linear consumption model - extract, produce, consume, discard - and encourage businesses to develop a functional economy based on selling the use of a good rather than the...

Pacte law: expanding business goals beyond profit causes division between French employers

On 9 March, Michelin CEO, Jean Dominique Sénard, and head of Vigeo-Eiris, Nicole Notat, presented their report to the government. It is intended to contribute to the Pacte Law on the transformation of company corporate purpose. Among the areas studied: the modification of the French civil code so...

The French Ministry of Agriculture announces bioeconomy strategy

The Ministry of Agriculture recently announced a "plan of action" for the bioeconomy in order to promote rural energy generation and encourage the use of agricultural, forestry, marine and aquaculture resources in the production of "food, renewable energy and bio-based materials".

Company transformation: a guide to new social purpose business models

The French Pacte Law is currently being drafted to address the issue of company transformation. This legislation could lead to the creation of new legal statutes, such as Social Purpose Corporations. The subject has provoked intense debate, and it can be difficult to navigate the new terminology...

Oekom to join Institutional Shareholder Services (ISS) in unexpected acquistion

Oekom’s acquisition by Institutional Shareholder Services (ISS), the American proxy firm, has caused quite a shock in the small ESG (Environmental, Social and Governance) community. The German rating agency will now be able to manage increasingly fierce competition, but Europe will lose a rare...

Major French corporations link credit facilities to environmental and social performance

It's a small revolution that has been going on for a few months in the banking sector. A new tool is attempting to link credit facilities with environmental and social performance. Referred to as “impact credits”, these new tools already have a following in France. Danone has recently signed on,...

Guillaume Pitron: "energy transition is the most incredible greenwashing operation in history"

Guillaume Pitron recently released a shocking book on energy transition. A freelance journalist by trade, Pitron has been investigating the origin of wind turbine, solar panel and electric car battery metals in over a dozen countries for the past six years. In his new book, "The War of Rare...

écolabel européen pogonici

The EU announces a European eco-label for citizens who want to invest in Green Finance

In the European Commission's Action Plan for Financing Sustainable Growth, published on 8 March, a European eco-label project has been emphasised in an effort to skew the personal investments of European citizens towards more climate-friendly financial products.

Green bond issuance to reach 200 billion-dollar record in 2018

According to estimates by Standard & Poor’s, the global green bond market should reach $200 billion this year. This is a 30% increase compared to 2017 — lower than the previous five years. But what is worth noting is the greater diversification of borrowers, which includes more private investors and...

[INSIDE STORY] What will it take to drive the "business as usual" scenario out of business ?

As January 2018 comes to an end, it is marked by strong messages that all carry the same meaning: current business models are at risk and must change course in order to become sustainable.

Towards sustainable finance : key recommendations from the European High-Level Expert group report

After one year of work, the 20 members of the High-Level Expert Group on Sustainable Finance (HLEG), set up by the European Commission at the end of 2016, published their recommendations in a 100-page report. These recommendations are aimed at not only developing green finance but also making...

[INSIDE STORY] Could financial risks in oil and gas influence the way market indexes measure financial performance?

The Norwegian government must decide if its sovereign wealth fund will divest from the world’s major oil companies, a decision that could change the way stock market indexes measure financial performance. This announcement was a wakeup call for the finance world, which still measures its performance...

Laurence Tubiana: the One Planet Summit must fuse the Paris agreement with the real economy

“The One Planet Summit starts a new phase in the Paris Agreement”, insists Laurence Tubiana, president of the European Climate Foundation and French ambassador for climate negotiations during the COP 21 in 2015. This meeting is an occasion to fuse the agreement with the real economy, and integrate...

Financial hurdles strain COP23 climate negotiations in Bonn

Issues surrounding coal, and to a lesser extent small island states, were the focus of the COP 23 climate negotiations in Bonn (Germany). But hiding in the background, were concerns for the 100 billion dollars per year needed for climate change adaptation from now until 2020. Developed countries...

[Inside story] One Planet Summit: Global Call for Climate Action

With COP 23 in Bonn in full swing, under the Presidency of Fiji, which is currently threatened with submersion by rising sea levels, France hopes that people will turn their attention to Paris. To mark the anniversary of the Paris Agreement, France is organising a full-scale call to action to turn...