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Global tax deal could get green light before G7 summit in Cornwall

A global tax deal that would impose a minimum 15% tax on the profits of big international tech companies could be given the green light ahead of the G7 summit in Cornwall next month, as the UK government pushes for a deal. Talks between the US president, Joe Biden, Boris Johnson and the other leaders of the richest seven nations are understood to be delicately balanced as they seek to hammer out a framework agreement before they meet in Carbis.

Northern Trust Corporation: Northern Trust Asset Management Introduces ESG Vector Score

Northern Trust Corporation: Northern Trust Asset Management Introduces ESG Vector Score Northern Trust Asset Management (NTAM) introduced today the Northern Trust ESG Vector Score TM, a measurement that assesses publicly traded companies in the context of financially relevant environmental, social and governance (ESG) related criteria that could impact their operating performance. It can be used in constructing and managing investment portfolios and stewardship activities. The ESG Vector Score focuses on the magnitude and direction of key ESG related business issues likely to have a financial impact on companies and hence a portfolio s performance. It provides a consistent, transparent methodology to gain greater clarity when building and managing sustainable portfolios.

Northern Trust Asset Management Introduces ESG Vector Score

Opinion: Playing catch-up on sustainable finance, Ottawa strikes new action council

Opinion: Playing catch-up on sustainable finance, Ottawa strikes new action council
theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.

Chartered accountants are at the centre of ESG reporting

Environmental, social and governance risks are both business and investment risks, and chartered accountants are at the heart of reporting on them as well as the financials. Environmental, social and governance (ESG) risks are being incorporated into management, as well as investment, decision-making - whether it s lending decisions, equity investing, green bonds, or anything else, says Neil Stewart, Director of Corporate Outreach at the Sustainability Accounting Standards Board (SASB).  “Value creation, its preservation or erosion as a result of these ESG risks is now being quantified,” says Stewart, “and so too is corporate performance against these risks. This is what puts the accounting profession at the centre of this ESG world.”

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