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CECP Reveals Companies With a Defined Purpose Deliver Higher Revenue, Growth, and Returns on Capital

3BL Media

And three-quarters (76%) of investors expect companies to define their corporate purpose with 93% believing purpose is essential to long-term business strategy and value creation. Previously, Corporate Purpose: Driving Business Value was called Investing in Society. points between 2022 and 2023.

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Novata Announces Collaboration With Microsoft To Scale Sustainability Solutions for SMEs Globally

3BL Media

Co-Develop AI Technology : Novata and Microsoft will co-develop a range of AI-powered tools to simplify sustainability data collection and reporting for clients, as well as drive value creation.

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Effective Corporate Persuasion 

Chris Hall

ESG engagements peaked in 2022 before declining by 20.3% Investors need to make sure that companies know what their sustainability focus is and how they see sustainable value creation, with a clear expectation communicated to the asset manager, said Secrett. in 2023, which the report says is likely due to the backlash in the US.

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Carbon Accounting Platform Gravity Raises $13 Million

ESG Today

Founded in 2022, San Francisco-based Gravity provides a software platform aimed at helping industrial businesses and their supply chain partners manage their carbon footprint, providing a carbon accounting and energy management solution built for energy-intensive operations and companies with complex supply chains.

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UK Asset Managers’ Voting to be on Display

Chris Hall

The Vote Reporting Group (VRG), first established by the Financial Conduct Authority in 2022, has finalised a voluntary and standardised vote reporting template for asset managers to communicate to pension fund trustee clients on their voting activity. The post UK Asset Managers Voting to be on Display appeared first on ESG Investor.

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Social Impact Investors: How Grady Crosby of Northwestern Mutual Is Helping To Create Affordable Housing

3BL Media

This ultimately led me to where I am today: a recovering attorney working on issues related to how sustainability and impact can help mitigate business risks and create opportunities for long-term sustainable growth and value creation. In 2022, I retired after a very fulfilling career.

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Seizing the agentic AI advantage

McKinsey Sustainabilty

And the technology’s estimated value potential was already immense— between $11 trillion and $18 trillion globally 2 “ The economic potential of generative AI: The next productivity frontier ,” McKinsey, June 14, 2023. Yet AI was largely the domain of experts. As a result, adoption across the rank and file tended to be slow.