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AEG and Bank of Montreal Sponsor 2024 LA Sports & Entertainment Supplier Diversity Summit Hosted by Office of Los Angeles Mayor Karen Bass

3BL Media

The event, which was held at the Los Angeles Convention Center, provided diverse business owners in Los Angeles with the support and resources they need to tap into several major sporting events that will take place in Los Angeles over the next five years including the 2026 FIFA World Cup, 2027 Super Bowl, and 2028 Olympic and Paralympic Games.

Banking 278
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U.S. SEC waters down its climate reporting rule under legal threats 

Corporate Knights

Smaller companies will start reporting in 2028. Sustainable Investment Forum, in a statement. Under heavy lobbying from business organizations and threats of legal action, the SEC pulled back from a proposal two years ago to also require disclosure of Scope 3 greenhouse gases, the end-use releases that make up about 75% of all emissions.

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“Insufficient” Action from Banks to Meet Climate Targets

Chris Hall

C or below 2°C in the medium term (2028-35), as well as lacking short- and long-term targets to map a clear pathway to net zero by 2050. Without stronger action, the banking sector exposes itself — and by extension, the global economy — to greater regulatory, market, and physical risks associated with climate change.”

Banking 72
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All AI Work is Not Created Equal: Building an Ecosystem That Supports Not Just Jobs, But Employment in East Africa

James Militzer

For example, Madagascar’s Digital Strategic Plan has already resulted in its digital sector generating 2% of its national GDP as of late 2023, totaling €365 million, and that number could be as high as 6% by 2028. They want to present their countries as ready and willing to meaningfully participate in the digital global economy.

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Is the IMO Turning the Tide on Transition?

Chris Hall

Decarbonising the shipping industry is expected to cost over US$1 trillion by 2050, according to a report published by maritime consultancy firm UMAS and the UN Climate Change High-Level Champions. “The global economy is hugely dependent on shipping, so it’s an especially important sector to get right,” says Mark Lutes, Senior Global Climate Policy (..)

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A deep dive into the rise of non-financial reporting and what it means for business

We Mean Business Coalition

Find out how early adopter companies are already reporting against the framework in our latest report. Further afield, China’s Sustainability Disclosure Standards are based on the ISSB standards, but tailored to the Chinese market.

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The European asset management industry: Navigating volatile times

McKinsey Sustainabilty

The McKinsey Global Institute has developed various scenarios for the global economy: In the scenario with no real disruption, growth in the eurozone would slow to 1.4 percent a year from 2025 to 2028, lower than the 2021–24 rate of 1.6 percent a year. Passives in Europe reached €4.9 All Rights Reserved.

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