Assess 3 measures the government has put in place to deal with corruption in society

The race to save the planet has given an urgency to corporate efforts to make and deliver net-zero carbon commitments. But for their companies to be truly sustainable, CEOs must focus not only on the E in ESG but also on the S and the G. Human rights, workplace safety, fair pay for a fair day’s work, ethical business practices—these are just a few of the social and governance issues that CEOs must address in their company and in the companies they do business with—their suppliers. advertisement advertisement This is not just about complying with regulations. It is about fulfilling the terms of an unwritten social license to operate. But doing the right thing is hard. To help CEOs, we have identified a series of actions that they should instruct their CPO and the procurement team to take in order to address social and governance issues. To start with, companies should set out their social and governance expectations in their supplier code of conduct, … [Read more...] about To truly address ESG, your company has to also consider its suppliers

This article first appeared in The Edge Malaysia Weekly, on June 20, 2022 - June 26, 2022. - A + A THE momentum to adopt environmental, social and governance (ESG) criteria and sustainability practices in the capital market has picked up significantly in the past few years. By the third quarter of 2021, assets in global sustainable funds hit a record high, according to investment research firm Morningstar. At the same time, more than 70 countries — including the biggest polluters — have set a net-zero target and over 1,200 companies have put in place science-based targets to reach net-zero emissions, according to the United Nations. In Malaysia, at least 44 out of the 54 Sustainable and Responsible Investment (SRI) funds approved by Securities Commission Malaysia were launched in the last two years. As at December 2021, 94% of the top 50 listed companies in Malaysia had ESG strategies and 68% had emissions reduction policies, according to PwC’s research. … [Read more...] about HONOURING MALAYSIA’S BEST PERFORMERS IN ESG EXCELLENCE: The Edge to roll out Malaysia’s first ESG awards

Share to Twitter Share to Linkedin No one is immune to distressing events. No matter if it is a global emergency, political policy, or a professional performance report, the stress can create a ripple of havoc through your personal and professional life. Gone unchecked the mind will run wild and become the culprit of obsession and undesired reactions. Taking the time to intentionally reflect will help to uncover deeper layers of understanding of the situation, your personal connection to it, and the action you have the ability to take. Most importantly, reflection gives you the ability to conduct the symphony of your thoughts and clarifies the measures you are best suited to take. This clarity will bring greater calm and emotional sturdiness to your life, even when things are difficult. Below are some tips for addressing difficult events. I encourage you to put this article to use. To bring these solutions to life you have to engage in applying the following … [Read more...] about Tips For Disturbing Events: Moving Past Overwhelm And Into Empowerment

- A + A (June 27): Russia defaulted on its external sovereign bonds for the first time in a century, the culmination of ever-tougher Western sanctions that shut down payment routes to overseas creditors. For months, Russia had found paths around the penalties imposed after the Kremlin’s invasion of Ukraine. But at the end of the day on Sunday, the grace period on about US$100 million of trapped interest payments due May 27 expired, a deadline considered an “Event of Default” if missed. The route to this point has been far from normal, as Russia has the resources to pay its bills — and tried to do so — but was blocked by the sanctions. Those restrictions also mean there’s huge uncertainty about what comes next, and about how investors can go about getting their money. “With Russia benefiting from the high price of its energy exports, it clearly has both the means and the desire to pay its foreign debt,” said Giles Coghlan, chief analyst at HYCM Group. It’s a … [Read more...] about Russia slips into historic default as sanctions muddy next steps

- A + A MUMBAI/BUENOS AIRES/LONDON (June 27): It only took 24 hours last month for Prime Minister Narendra Modi's government in India — the world's second-largest producer of wheat — to shelve its plans to "feed the world". In April, Modi had said publicly that the world's most populous democracy was ready to fill part of the gap left by Ukraine in global grains markets by increasing its wheat exports, following five consecutive record harvests. India traditionally exports only a modest amount of wheat, retaining most of its crop for domestic consumption. On May 12, India's Ministry of Commerce & Industry said it was preparing to send delegations to nine countries to export a record 10 million tonnes of wheat this fiscal year — sharply up the previous season. But a barrage of alarming data changed all that. First came a downward revision to India's wheat crop in early May as a sudden heatwave hammered yields. Then data on May 12 showed inflation in the nation … [Read more...] about Food export bans, from India to Argentina, risk fueling inflation