ESG Regulation in the Oil and Gas Industry natlawreview.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from natlawreview.com Daily Mail and Mail on Sunday newspapers.
July 09 2021
Environmental, social and governance (ESG) factors are a set of non-financial performance indicators that assess a company’s risks and relationship to the environment and society. Investors rely on sustainability reporting to assess the materiality of ESG risks to inform their investment decisions. Concurrently, businesses rely on sustainability metrics to identify industry specific ESG risks and the extent of exposure that can have material implications on the company.
ESG is often viewed through one of two lenses: (i) an impediment to business as usual and the need for additional regulatory compliance; and (ii) a framework that, if optimised, can support investors and businesses to create long-term value while advancing national and international efforts to achieve sustainability agendas, such as the United Nations’ 2030 Agenda for Sustainable Development.
Zain publishes annual sustainability report titled ‘The Ten-Year Journey’
KUWAIT: Zain Group, the leading mobile telecom innovator in seven markets across the Middle East and Africa, announces the publication of its consecutive 10th annual sustainability report, entitled ‘The Ten-Year Journey’, which charts the sustainability agenda the company has undertaken in this area across its footprint over the last decade.
During this decade, Zain has evolved its operations by becoming a digital lifestyle service provider, establishing value-driven and purposeful activities, building resilience, adapting to market changes, addressing societal deficits, and establishing purpose driven activities centered on Meaningful Connectivity.
The 10th edition showcases how Zain continued to improve and adapt its activities to align to international best practices and report on its activities following the GRI Standards Framework. Moreover, for first time Zain also adopted the Sustainability Ac
Zain publishes annual sustainability report titled The Ten-Year Journey kuwaittimes.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kuwaittimes.net Daily Mail and Mail on Sunday newspapers.
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As we begin another year of what s being referred to in climate circles as the decade to deliver, it is being defined by ESG, driven by shareholders and aided by new disclosure requirements on climate risk and human capital management. The bottom line is that businesses now actively compete for capital based on ESG performance, and that competition needs to be open, fair and transparent, Allison Herren Lee, acting chair of the Securities and Exchange Commissioner, said.
A lot of the information that investors want is not included in company financial filings or sustainability reports, which in the U.S. currently rely on voluntary ESG reporting standards and frameworks, said Anne Simpson, managing investment director for board governance and sustainability at the California Public Employees Retirement System (CalPERS),