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Business Ecosystem News

Age Discrimination in Employment as a Violation of ESG Principles. Business Ecosystem News

Age Discrimination in Employment as a Violation of ESG Principles.

Discrimination against older people in employment is a violation of ESG principles, but it is rarely mentioned in discussions of ESG. It violates the “S” (social) component. It also violates the “G” (governance) component in that companies are expected to comply with laws. It is widely known, however, that employers routinely discriminate against older workers. Even though most large companies…
Allen Campbell
June 26, 2024
Japan Moves Closer to Adopting Reporting Standards Based on ISSB Standards Business Ecosystem News

Japan Moves Closer to Adopting Reporting Standards Based on ISSB Standards

Japan is on the path to join the increasing number of countries that are adopting mandatory reporting standards based on those of the IFRS’ International Sustainability Standards Board (ISSB). The Sustainability Standards Board of Japan (“SSBJ”) approved three exposure drafts of reporting standards on March 21, 2024.
Allen Campbell
June 20, 2024
The Dawning of a New Era: the European Union Corporate Sustainability Due Diligence Directive (CSDDD) Is About to Enter into Force Business Ecosystem News

The Dawning of a New Era: the European Union Corporate Sustainability Due Diligence Directive (CSDDD) Is About to Enter into Force

We‘ve always known this would be The Big One, and now it’s becoming reality. The CSDDD has passed the legislative hurdles. It now awaits only publication in the Official Journal of the European Union, 20 days after which it will enter into force. Member States will then have two years to transpose the Directive into national law and communicate the…
Allen Campbell
June 13, 2024
Republican States Ask U.S. Supreme Court to Enjoin Climate Lawsuits against Oil Companies Business Ecosystem News

Republican States Ask U.S. Supreme Court to Enjoin Climate Lawsuits against Oil Companies

On May 23rd, Republican attorneys general of 19 states petitioned the U.S. Supreme Court to block five Democratic-led states from pursuing climate change lawsuits against the oil and gas industry in their own state courts. (State of Alabama et al. v. State of California et al.)
Allen Campbell
June 4, 2024
Is ESG Really a “Dirty Word” in Corporate America? Business Ecosystem News

Is ESG Really a “Dirty Word” in Corporate America?

In an article that was first published by the Wall Street Journal on January 9, and that was later republished by MSN News, a pair of Journal columnists suggested that after “years of simmering investor backlash, political pressure and legal threats ... a number of business leaders are now making a conscious effort to avoid the once widely used acronym…
Michael Kraten
May 22, 2024
California Headed toward Implementaton of Its Climate Laws Business Ecosystem News

California Headed toward Implementaton of Its Climate Laws

Last year, California enacted two major pieces of climate legisation, SB 253 and SB 261 (See https://mcalan.com/momentous-california-climate-accountability-laws-await-governors-signature.)  However, in January Governor Newsome’s proposed 2024-2025 budget did not include funding for their enforcement. That led to consternation and questioning by many environmentalists of the Governor’s commitment to those laws and indeed to the cause of halting climate change.
Allen Campbell
May 16, 2024
EarthX 2024 Congress of Conferences, a Noteworthy Event Business Ecosystem News

EarthX 2024 Congress of Conferences, a Noteworthy Event

This week I attended the EarthX Congress of Conferences here in Dallas. It was well-organized, interesting and factual. I’m sure everyone appreciated the healthy blend of urgency and optimism. Topics included Clean Energy Choices, the Circular Economy, Partnerships for the United Nations Sustainable Development Goals (SDGs), Rotary Club initiatives, How Public and Private Partnerships Can Solve the Climate Crisis, Towards…
Allen Campbell
May 1, 2024
Modeling Extreme Meteorology (Weather) Risk for the Gulf Stream Business Ecosystem News

Modeling Extreme Meteorology (Weather) Risk for the Gulf Stream

Dr. Rudi Dornbusch, the long-time international economics professor at the Massachusetts Institute of Technology (MIT), once described a phenomenon regarding momentum. Now known as Dornbusch’s Law, it posits that crises can take much, much longer to materialize than one might expect; however, once they do occur, they can then generate catastrophic outcomes extremely quickly.
Michael Kraten
April 17, 2024
SEC Puts Its Own Climate-Related Disclosure Rules on Hold Business Ecosystem News

SEC Puts Its Own Climate-Related Disclosure Rules on Hold

SEC Puts Its Own Climate-Related Disclosure Rules on Hold By Allen Campbell, JD, MBA On March 6, 2024, the US Securities and Exchange Commission amended its controversial rules that will require registrants to provide climate-related information in their registration statements and annual reports (the “Final Rules”). But less than a month later, on Thursday, April 4, 2024, the SEC said…
Allen Campbell
April 10, 2024