How environmental, social, and governance reporting grew up
It’s a coming-of-age story that will change the way businesses operate.
Photograph by Hildegarde
Decades in the making, with a cast of characters including investors, activists, and international bureaucrats, the story of ESG has all the hallmarks of a classic coming-of-age tale. What started out as a way to measure the environmental, social, and governance performance of a company for the purposes of gauging risk is now a major force driving business strategy. The gangly teenager in the corner that few took notice of is now moving to center stage.
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28 Jun 2021 / 13:50 H. Pix for representational purpose only. -Bernama
KUALA LUMPUR: Loan moratorium for all micro, small and medium enterprises (MSMEs), B40 as well as M40 households, while targeted for other individuals for at least three months or 50 per cent loan payment reduction for six months is needed to ensure social and business safety nets.
According to Emir Research, the overwhelming uptake and benefit to the many in the backdrop of a potentially grave economic outlook suggest loan moratorium to be extended to six months of automatic blanket loan moratorium.
“The aim is to provide a safety net to those at risk due to the shutting down of economic activities and prolonged unemployment,” the independent think-tank said in its ‘Exit Strategy Building Blocks for Malaysia – Part 1’ research note.
Monday, 28 Jun 2021 01:39 PM MYT
According to Emir Research, the overwhelming uptake and benefit to the many in the backdrop of a potentially grave economic outlook suggest loan moratorium to be extended to six months of automatic blanket loan moratorium. Bernama pic
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KUALA LUMPUR, June 28 Loan moratorium for all micro, small and medium enterprises (MSMEs), B40 as well as M40 households, while targeted for other individuals for at least three months or 50 per cent loan payment reduction for six months is needed to ensure social and business safety nets.
Cost of sales increased to US$3.8m from US$3.2m in 2020 primarily reflecting the increased volumes and increases in the price of the vanadium concentrate purchased at the high prices prevailing in 2019 and utilised in 2020. The largest part of cost of sales is the purchase of raw materials, the price for which is determined as a percentage of the value of the content of vanadium at prices prevailing at the time of purchase. Since such materials are purchased up to several months before processing, and sales price determination is made several months after shipment, the prices used as a basis for the calculation of raw material prices were significantly higher than the price used as a basis for product sales. This means that the operating margin was squeezed as prices were kept low in 2020. Again, during times of rising prices this effect would be reversed and is likely to even out in the long term as prices move up and down.
GoldStone Resources Limited (AIM: GRL), is pleased to announce its final results for the year ended 31 December 2020. The Annual Report and Accounts will shortly be available to view and download in full at the Company s web site www.goldstoneresources.com. Hard copies of the Annual Report and Accounts are available on request. Highlights · The Homase Mine within the Akokeri-Homase Gold Project ( AKHM ) was awarded its Environmental Permit, Water Permit and Operating Permits. The Group commenced mining operations in May 2021, and commissioned the dry plant for the Heap Leach operation and is awaiting the final inspection by the Minerals Commission before gold processing can commence.