REGULATORY CONTEXT The FRC published the UK Stewardship Code 20202 in October 2019. It includes a revised definition of stewardship:
Stewardship is the responsible allocation, management and oversight of capital to create long-term value for clients and beneficiaries, leading to sustainable benefits for the economy, the environment and society.
CSRHub, a leading provider of ESG (Environment, Social, Governance) consensus ratings, is pleased to announce it has partnered with Intrinio, a financial data marketplace that provides fintech data and applications for developers and investors. ESG data is becoming an important component of investment decision processes. Intrinio has partnered with CSRHub to help combine signals about corporate ESG / sustainability performance with the many other data sets it has curated for its system.
What’s an outdoor clothing company doing selling food? A similar question was asked of me in 1968, when we were blacksmithing new tools for mountain climbing, and suddenly started selling shorts, shirts and pants. Skepticism seems to rise whenever a company refuses to “stay in its lane,” but as an entrepreneur, I see business opportunities everywhere. As a lover of the outdoors, I see a way to save our home planet and its creatures—including us—from the destructive habits we’ve invented for ourselves.
“The United Nations” began as a World War II era concept as President Franklin D. Roosevelt talked about the allies of the United States partnering in the fight to save democracy and collectively battling the regimes of fascist dictators in Europe and Asia. On January 1, 1942, 26 nations “united” in Washington DC to battle the “Axis” powers. In February the president addressed the nation in his 20th “fireside chat” (broadcasting nationwide on the radio) to talk about the progress of the war.
Ecolab Chairman and CEO Doug Baker joined CNBC's Squawk Alley to discuss how the company is helping businesses reopen with a high standard of cleanliness through its comprehensive Ecolab Science Certified Program, which combines advanced chemistry with new public health training and audit verification to help gain consumer trust.
While companies thought they had a grasp of water protection and sustainability regulations, now these regulations are being rolled back rather than continuing the 50-year trend of strengthening them. What does it mean for the business sector?