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August 29, 2023
People
US$2.19 trillion profiteering in two years
JOHANNESBURG/NAIROBI: Analysing the Forbes’ 2023 edition of the 2,000 largest public companies in the world, Oxfam and Action Aid have found 722 companies made a combined windfall profit of US$1.09 trillion in 2021 and a further US$1.1 trillion in 2022. They…
August 29, 2023
People
It pays to join a union
WASHINGTON, DC: A new study by the Institute for Policy Studies (IPS) reveals the disparity between CEO and worker compensation in 100 S&P 500 corporations that had the lowest median pay levels last year at 603 to 1. CEOs in this group averaged US$15.3…
August 24, 2023
People
Google developing standard for CO2 emissions travel calculator
WASHINGTON, DC: The International Council on Clean Transportation (ICCT), providing unbiased research to environmental regulators, has partnered with Google to make its Travel Impact Model (TIM) the global standard for accurate, transparent, and consistent…
May 19, 2022
People
It won't be business as usual when the ports are underwater
CHARLOTTE, NC: A recent IEA-related article in the Guardian newspaper included a quote from Greg Muttitt, an energy expert at the International Institute for Sustainable Development: “Governments and companies often suffer from a form of cognitive dissonance:…
May 12, 2022
People
What’s lost when we talk ESG and not Sustainability
LONDON: Andrew Winston is coauthor with Paul Polman of ‘Net Positive: How Courageous Companies Thrive by Giving More Than They Take’. Just as fossil fuel companies should not lead the planning of our energy future, he suggests it is equally unwise to let…
April 28, 2022
People
Beyond Net-Zero: Setting a path for true corporate climate leadership
NAIROBI: Milan Kooijman is a Climate Business Expert at WWF. He says as the results of global warming accelerate worldwide, its time for corporations to show “true leadership” by taking social responsibility for the impact of their emissions: “ We are at a…
April 22, 2022
People
Call for corporations to implement "material change" on sustainability
AUSTIN, TX: A survey last month of 11,000 consumers and business leaders from 15 countries suggests people are “fed up” with the lack of progress on sustainability and want more corporate action. Sponsored by Oracle together with Pamela Rucker, a faculty…
April 22, 2022
People
US billionaires increase wealth 62 percent in two years
WASHINGTON, DC: Oxfam says America’s 735 billionaires are now worth US$4.7 trillion* – a 62 percent increase since 2020. During WWII, the top federal income tax rate peaked at 94 percent and remained at 70 percent three decades later. Taxes on the rich have…
April 22, 2022
People
The butcher of Bucha
WASHINGTON, DC: In addition to genocide, Vladimir Putin’s invasion of Ukraine has cost the country US$60 billion so far in destroyed buildings and infrastructure, according to the World Bank. Commenting on the slaughter of civilians by Russian forces in…
April 14, 2022
People
Over 200 companies still doing business with Russia
YALE, CT: The Yale School of Management is keeping a tally of the 1,000-plus companies doing business with Russia prior to its invasion of Ukraine. As of April 14, Yale says over 600 have announced a voluntarily curtailing of operations beyond the minimum…
April 12, 2022
People
How to write an impactful corporate climate statement
WASHINGTON, DC: Amy Meyer is an associate at the World Resources Institute Center for Sustainable Business. She's produced a checklist for companies to communicate a successful climate message: “ Corporate statements encouraging and supporting strong public…
April 12, 2022
People
“Breathtaking human innovation and heroic problem solving”
KUWAIT: Agility vice chairman and CEO Tarek Sultan says he has identified several game-changing innovations that can help counter the bad news about climate change, income inequality, vaccine inequity and other problems - including ‘Putin’s War’: “ The daily…