We are about to start a new decade arising from the ashes of the unprecedented Covid-19 socio-economic disruptions. It is a crucial decade considering every business decision will determine how far we progress on achieving the United Nation s Sustainable Development Goals (SDGs) by 2030. The present decade will also witness the acceleration of stakeholder capitalism s concept, reducing Milton Friedman s idea of shareholder primacy. As the businesses start giving shape to their sustainability strategies, it is necessary to reflect on the top sustainability priorities for the Asian continent. Solidaridad has decades of sustainability experience working with hundreds of businesses on one end and millions of farmers and workers at the grassroots. Based on those learning, I have tried to list ten areas businesses need to prioritise to reduce social and economic inequalities in Asia and address mounting climate challenges.
Green recovery seems to be the only viable strategy for sustainable and resilient economic growth in post-pandemic era. Why aren’t we youngsters the final piece in the puzzle of ensuring its success? This essay advocates for a unique “Youth Empowerment Based Green Recovery Programme” to be developed and adapted by governments to enhance long-term societal resilience.
As we have collectively moved towards unlocking the lockdowns and quarantines that had been in effect since March 2020, the world’s attention has been gripped in managing the looming economic crisis that has inflicted severe socio-economic impact. This impact shall increase exponentially in post-COVID era mainly on youth and marginalised groups with diminishing future job potential. In just the Third Quarter of 2020, working hours in Asia and the Pacific decreased by 10.7 percent in comparison to Fourth Quarter of 2019, translating to a loss of 400 million full-time jobs (ILO, 2020). In addition, working-hour lo
Ricardo plc ( Ricardo ) is a global engineering, technical, environmental and strategic consultancy business, which also manufactures and assembles niche, high-quality and high-performance products. Chief Executive Officer to step down after a successor is recruited, trading in line with the Board s expectations. Ricardo is today providing a trading update in respect of the six months ended 31 December 2020 and is also announcing the details of its management succession plan. Ricardo plans to announce its half year results on 25 February 2021. The Board of Ricardo and Dave Shemmans have jointly agreed that Dave Shemmans will be leaving his role as Ricardo s Chief Executive Officer in due course, after more than 15 years in the role. The board will shortly initiate a process to recruit a successor who can continue to deliver on the strategy of the company. It is expected that Dave Shemmans will continue in hi
Laflora peat company plans EUR 120 million investment in wind farm 2021-01-21 LETA/TBT Staff
RIGA - Latvia s Laflora peat extraction and processing company plans to invest EUR 120 million in a wind farm that will be built in Kaigu peatbog in Livberze county in the central Latvian region of Jelgava, the company s representatives informed LETA.
The company s total investments in Latflora s green industrial zone are projected at EUR 170 million, of which an estimated EUR 120 million would be spent on the wind farm.
Latflora board chairman Uldis Ameriks indicated that the Latflora wind farm is a commercial project which will not need state or municipal subsidies to generate electric power, but that the company hopes to raise funding available from the European Union s Green Deal investment plan.
World’s biggest offshore wind producer moves into hydrogen
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. Updated: 20 Jan 2021, 03:28 PM IST Bloomberg
Danish utility Orsted A/S took a final investment decision on its first hydrogen project as it expands beyond wind power.
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Danish utility Orsted A/S took a final investment decision on its first hydrogen project as it expands beyond wind power.
The world’s biggest producer of electricity from wind turbines at sea will use the technology at its Danish demonstration project H2RES to produce green hydrogen. The project is expected to be up and running late this year, the company said on Wednesday in a statement.