United Nations Global Compact

Finance functions need to be the agents of change in the US' business sustainability roll-out

Wednesday, November 24, 2021 - 12:00pm

How SMEs can create a more sustainable world details the benefits that sustainable actions have for both business success and the environment.

Key Points: 
  • How SMEs can create a more sustainable world details the benefits that sustainable actions have for both business success and the environment.
  • Acting with urgency on climate change in particular: Guidance on how to have the conversation about climate change, illustrating the need for urgent action, and explaining what is happening globally.
  • He adds, "Finance professionals are the oil that lubricates business and that's a positive thing, but also a risk.
  • Finance can hinder sustainability if we do what we commonly do, be conservative and see ourselves just as stewards of the business rather than agents of change."

NEC Listed on the Dow Jones Sustainability Indices (DJSI)

Tuesday, November 23, 2021 - 12:02am

TOKYO, Nov 23, 2021 - (JCN Newswire) - NEC Corporation (TSE: 6701) announced it has been included in the Dow Jones Sustainability Indices World Index (DJSI World) and the Dow Jones Sustainability Indices Asia Pacific Index, some of the most prestigious global indices of Environmental, Social and Governance (ESG) investment.

Key Points: 
  • TOKYO, Nov 23, 2021 - (JCN Newswire) - NEC Corporation (TSE: 6701) announced it has been included in the Dow Jones Sustainability Indices World Index (DJSI World) and the Dow Jones Sustainability Indices Asia Pacific Index, some of the most prestigious global indices of Environmental, Social and Governance (ESG) investment.
  • DJSI is an evaluation indices developed by the S&P Dow Jones Indices that evaluates the sustainable practices of major global companies, categorized into a "Governance & Economic Dimension," "Environmental Dimension" and a "Social Dimension."
  • In addition, NEC's evaluation improved in the "Corporate Governance" and "Materiality" categories, where NEC is actively promoting efforts and transparency.
  • Based on the NEC Way, a common set of values that form the basis for how the entire NEC Group conducts itself, NEC contributes to achieving the SDGs.

World Trade Centers Association Honored for Dedication to International Trade and Investment by Diane Farrell, Acting Under Secretary for the U.S. Department of Commerce

Monday, November 22, 2021 - 2:00pm

NEW YORK, Nov. 22, 2021 /PRNewswire/ -- The World Trade Centers Association (WTCA) — a global network of more than 300 highly-connected, mutually supportive businesses and organizations — was recently awarded with a Certificate of Appreciation for its timeless dedication to intercultural understanding, and international trade and investment by the International Trade Administration (ITA). The award was presented by Diane Farrell, Acting Under Secretary and the Deputy Under Secretary for International Trade of the U.S. Department of Commerce, along with the U.S. Commercial Service New York and ITA teams. The WTCA's John E. Drew, Chairman of the Board of Directors; and Robin van Puyenbroeck, Executive Director-Business Development, accepted the award on behalf of the association at the 2021 WTCA Member Forum, where nearly 600 participants gathered virtually across 117 World Trade Center locations in 50 countries around the world.

Key Points: 
  • The award was presented by Diane Farrell, Acting Under Secretary and the Deputy Under Secretary for International Trade of the U.S. Department of Commerce, along with the U.S. Commercial Service New York and ITA teams.
  • The WTCA and its global network of member World Trade Center businesses are dedicated to the facilitation of global trade.
  • A World Trade Center location can supply businesses with access to international trade services and facilities, organize trade delegations, or facilitate trade by bringing together the offices of government and industry.
  • The World Trade Centers Association (WTCA) is a network of more than 300 highly connected, mutually supporting businesses and organizations in 91 countries.

World Trade Centers Association Honored for Dedication to International Trade and Investment by Diane Farrell, Acting Under Secretary for the U.S. Department of Commerce

Monday, November 22, 2021 - 2:00pm

NEW YORK, Nov. 22, 2021 /PRNewswire/ -- The World Trade Centers Association (WTCA) — a global network of more than 300 highly-connected, mutually supportive businesses and organizations — was recently awarded with a Certificate of Appreciation for its timeless dedication to intercultural understanding, and international trade and investment by the International Trade Administration (ITA). The award was presented by Diane Farrell, Acting Under Secretary and the Deputy Under Secretary for International Trade of the U.S. Department of Commerce, along with the U.S. Commercial Service New York and ITA teams. The WTCA's John E. Drew, Chairman of the Board of Directors; and Robin van Puyenbroeck, Executive Director-Business Development, accepted the award on behalf of the association at the 2021 WTCA Member Forum, where nearly 600 participants gathered virtually across 117 World Trade Center locations in 50 countries around the world.

Key Points: 
  • The award was presented by Diane Farrell, Acting Under Secretary and the Deputy Under Secretary for International Trade of the U.S. Department of Commerce, along with the U.S. Commercial Service New York and ITA teams.
  • The WTCA and its global network of member World Trade Center businesses are dedicated to the facilitation of global trade.
  • A World Trade Center location can supply businesses with access to international trade services and facilities, organize trade delegations, or facilitate trade by bringing together the offices of government and industry.
  • The U.S. Commercial Service is the export promotion arm of the International Trade Administration, which is part of the U.S. Department of Commerce.

Strong Growth Continues at Prosus, on Top of Increased Scale

Monday, November 22, 2021 - 6:00am

Ecommerce revenues grew 53% to US$4.2bn versus a strong performance for the same period last year, and outpacing revenue growth at Tencent.

Key Points: 
  • Ecommerce revenues grew 53% to US$4.2bn versus a strong performance for the same period last year, and outpacing revenue growth at Tencent.
  • This performance was led by 101% growth in Classifieds, 86% growth in Food Delivery, 51% growth in Edtech, and 44% growth in Payments and Fintech.
  • Delivery Hero again recorded strong organic growth again in the first six months of its financial year to June 2021, supplemented by the Woowa acquisition.
  • Operating margins in the Food Delivery segment improved meaningfully by 6 percentage points, as the business benefitted from increased scale.

Women’s Entrepreneurship Accelerator Partners with the WE Empower UN SDG Challenge to Maximize the Development Impact of Women Entrepreneurs

Saturday, November 20, 2021 - 1:00pm
Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20211120005125/en/
    Womens Entrepreneurship Accelerator Logo (Graphic: WEA)
    WEA is designed to maximize the development impact of women entrepreneurship in achieving the UN Sustainable Development Goals (SDGs) by creating an enabling ecosystem for women entrepreneurs that fosters growth, sustainability, and resilience.
  • The WE Empower UN SDG Challenge honors women entrepreneurs who are advancing the SDGs through their business practices.
  • The Womens Entrepreneurship Accelerator is honored to partner with WE Empower, a consortium of over 70 partners joining forces for an even greater multiplied impact.
  • The ultimate goal of the initiative is to maximize the development impact of women entrepreneurship in achieving Sustainable Development Goals (SDGs) by creating an enabling ecosystem for women entrepreneurs around the world.

IFCO Unveils Comprehensive ESG Strategy to Tackle Climate Change, Food Waste and Single-Use Packaging

Wednesday, November 17, 2021 - 1:42pm

The main objectives include combating climate change, embracing diversity and inclusion as well as reducing food waste and single-use packaging.

Key Points: 
  • The main objectives include combating climate change, embracing diversity and inclusion as well as reducing food waste and single-use packaging.
  • Along with the ESG strategy, IFCO also publishes its first standalone ESG Report.
  • For example, IFCO enables significant CO2, water and energy savings compared to single-use packaging, as well as reducing solid and food waste.
  • IFCO RPCs ensure a better fresh food supply chain by protecting freshness and quality and lowering costs, food waste and environmental impact compared to single-use packaging.

Splunk Announces Commitment to Net Zero by 2050

Wednesday, November 17, 2021 - 1:05pm

Splunk Inc. (NASDAQ: SPLK), a data platform leader, today announced its intent to achieve net zero greenhouse gas emissions by 2050 and a commitment to set a suite of shorter-term five, ten, and fifteen year science-based targets by the end of fiscal year 2023.

Key Points: 
  • Splunk Inc. (NASDAQ: SPLK), a data platform leader, today announced its intent to achieve net zero greenhouse gas emissions by 2050 and a commitment to set a suite of shorter-term five, ten, and fifteen year science-based targets by the end of fiscal year 2023.
  • All targets will be submitted to the Science Based Target initiative (SBTi) and consistent with a 1.5C ambition level.
  • We are proud to advance our climate journey with a fact-based, data-driven approach and build on our previous support for the Paris agreement.
  • Splunk, Splunk>, Data-to-Everything, D2E and Turn Data Into Doing are trademarks and registered trademarks of Splunk Inc. in the United States and other countries.

Aramark Commits to Setting Science-based Targets for Emissions Reduction

Wednesday, November 17, 2021 - 6:39pm
Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20211117005240/en/
    Aramark today announced its commitment to set enterprise-wide science-based targets, to reduce greenhouse gas emissions.
  • Within 24-months, Aramark will develop its science-based targets in line with the SBTi Net-Zero Standard, which was released in October.
  • The Science Based Targets initiative (SBTi) is a global body enabling businesses to set ambitious emissions reductions targets in line with the latest climate science.
  • It is focused on accelerating companies across the world to halve emissions before 2030 and achieve net-zero emissions before 2050.

S&P Dow Jones Indices Launches Net Zero 2050 Climate Transition and Paris-Aligned Select Indices

Monday, November 22, 2021 - 9:00am

LONDON, Nov. 22, 2021 /PRNewswire/ --S&P Dow Jones Indices ("S&P DJI"), the world's leading index provider, today announced the launch of the S&P Net Zero 2050 Climate Transition Select Index Series and S&P Net Zero 2050 Paris-Aligned Select Index Series.

Key Points: 
  • LONDON, Nov. 22, 2021 /PRNewswire/ --S&P Dow Jones Indices ("S&P DJI"), the world's leading index provider, today announced the launch of the S&P Net Zero 2050 Climate Transition Select Index Series and S&P Net Zero 2050 Paris-Aligned Select Index Series.
  • The S&P Net Zero 2050 Climate Transition SelectIndex Series and S&P Net Zero 2050 Paris-Aligned SelectIndex Series are the latest additions to the S&P Net Zero 2050 Climate Transition ESG Index Seriesand S&P Net Zero 2050 Paris-Aligned Climate ESG Index Series, which are aligned with the European Union's minimum standards for low carbon benchmarks under Regulation (EU) 2016/1011.
  • S&P DJI is committed to helping our customers and market participants address climate change and achieve their goals in the path to net zero by 2050," said Jaspreet Duhra, Global Head of ESG Indices at S&P Dow Jones Indices.
  • The first set of indices that were launched included the S&P Net Zero 2050 Climate Transition Select and S&P Net Zero 2050 Paris-Aligned Select for S&P Eurozone 50, S&P France 20, and S&P EuroUSAJapan 100, along with their decrement versions.