Danone stirs the ESG pot and sprinkles on some scepticism

by Rashmee

Posted on March 18, 2021


/IT’S THE BUSINESS It was Gillian Tett at the Financial Times who joined the dots and spelt out the words. Fickleness. About. ESG. Indeed, the corporate stance on Environmental and Social Governance appears all too shifting and contradictory this year. As Ms Tett pointed out in the FT’s Moral Money section, Danone removed an ESG-espousing … Continue reading “Danone stirs the ESG pot and sprinkles on some scepticism”

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Can managing climate change ever be good business?

by Rashmee

Posted on February 11, 2021


/IT’S THE BUSINESS Can managing climate change ever be good business? It should be, as noted by a recent report commissioned by the US Commodity Futures Trading Commission. Titled ‘Managing Climate Risk in the US Financial System’, the report assesses the current situation as alarming for more than just the physical costs of the damage … Continue reading “Can managing climate change ever be good business?”

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What ESG? When there was profound US uncertainty, businesses watched balance sheet implications

by Rashmee

Posted on November 19, 2020


In the era of ESG – Environmental, Social, and Corporate Governance criteria for investment in a business – I’m struck by the way investors reacted to the prolonged uncertainty about the US presidential election in the days immediately after the Nov. 3 vote. Within 72 hours of the nail-biter, investors were cheery, buying stocks and … Continue reading “What ESG? When there was profound US uncertainty, businesses watched balance sheet implications”

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Europe wants to help protect oil majors’ good intentions from themselves

by Rashmee

Posted on February 15, 2020


BP, which is practically synonymous with the fossil industry, has pledged be carbon-neutral by 2050 or sooner. Only Spain’s Repsol, a much smaller oil and gas producer, has set so ambitious a 30-year goal. Unsurprisingly, everyone’s wondering how, or even if, BP will make good on its promise. But Europe’s markets regulator is taking steady … Continue reading “Europe wants to help protect oil majors’ good intentions from themselves”

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A new gospel of wealth, 130 years after the one written by Andrew Carnegie

by Rashmee

Posted on December 6, 2019


It’s been 130 years since Andrew Carnegie published ‘The Gospel of Wealth’, which is considered a foundational document in the field of philanthropy. Now comes a new one, from Ford Foundation president Darren Walker. It’s called ‘From Generosity to Justice’ and urges philanthropists to work on the root causes — rather than just the consequences … Continue reading “A new gospel of wealth, 130 years after the one written by Andrew Carnegie”

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Rashmee has lived and worked in several countries in the past decade, including Afghanistan, India, Haiti, Tunisia, the UAE, US and UK