Today, the United Nations Global Compact announced the formation of a Business Action Platform for the Ocean — a three-year global programme bringing together business, civil society, the UN and Governments to advance the ocean economy and sustainable development. The programme is part of a broader portfolio of Action Platforms introduced by the UN Global Compact to facilitate the achievement of the UN 2030 Agenda for Sustainable Development and its 17 Global Goals.
To meet the growing need of leading institutional investors for a longer-term view, the investors in CECP’s Strategic Investor Initiative’s (SII) Advisory Board released a letter—signed by Bill McNabb, Chairman, Vanguard and 9 other leading investors--with a call-to-action to reframe communications between CEOs, companies, and investors to focus on long-term value creation.
Electric utilities and other power networks are in a unique position when it comes to improving sustainability. That’s because they have the ability to not just control their own carbon footprint but also promote more efficient, sustainable energy use for consumers. They can improve sustainability and decarbonize to mitigate climate change while still supporting their consumers’ growing needs ranging from smooth, efficient integration of electric vehicles into the grid to better energy accessibility.
Consumers Energy is ranked by Forbes magazine as the best employer for diversity in Michigan. The energy provider placed 13th overall in Forbes’s list of America’s best employers for diversity from all industries across the nation, and is the only company in the “utilities” category in the top 100 of the listing.
FORTUNE named global technology-solutions provider Arrow Electronics, Inc. (NYSE: ARW) to its “World’s Most Admired Companies” list for the 18th time. For the fifth consecutive year, Arrow placed first in the “Wholesalers: Electronics and Office Equipment” category based on input from industry executives, directors and analysts.
Does Wall Street finally care about sustainability? A noted sustainability author (Andrew Winston) muses about this in the pages of the influential journal for the C-suite – the Harvard Business Review. Yes, we think – more and more asset owners and managers are getting aboard the train...but there is work to do.