Rising investor focus on marine biodiversity will heighten scrutiny of companies’ governance and policy measures, new Moody's ESG Solutions report states. A healthy ocean benefits all stakeholders, but also sustains key industries that our economic and trade systems rely on. However, risks to ocean health and marine biodiversity are increasing, with regional and local regulation [...]
To understand companies’ governance of biodiversity issues, we assess the level of their commitment to integrating biodiversity measures, based on disclosures. The average biodiversity protection score for 1,200 assessed companies was 32 out of 100, highlighting a general lack of disclosures. Within a subsample of 67 heavy construction companies, we find that 61% disclose commitments [...]
Key Findings: - 23 out of 161 oil & gas companies included in Vigeo Eiris’ research universe were identified as having involvement in oil sands operations, the majority of which are North American. - Companies involved in oil sands production display weak to limited commitments to environmental issues, with the majority demonstrating increased GHG emissions. [...]
The companies under assessment in Vigeo Eiris' paper display a significant overall level of transparency on the topic of biodiversity, but reporting on the specific issue of ecosystem services remains limited. The efficient and responsible management of ecosystem services is both a necessity and a business opportunity for companies, particularly those relying heavily on natural [...]
197 countries signed the agreement which became legally binding about a year later, after countries responsible for 55% of global greenhouse gas emissions ratified it. 169 UNFCCC members have ratified the agreement to date. Signatories agreed to keep the overall increase in global temperatures to below 2°C (beyond which, the impact of climate change is [...]
A lot of actors were present and committed to the official launch of this forum: Miriem Bensalah Chaqroun, presidente of the CGEM, Aziz Rabbah, Minister of Energy, Mines and Sustainable Development, Nezha El Ouafi, State Secretary to the Minister of Energy, Mines and Sustainable Development, in charge of sustainable development and Salaheddine Mezouar, presidente of the COP22. About [...]
