Why ESG Should Be Quantified?
Thursday, 07 July 2022
The quantification of ESG or better known as Environment, Social, and Governance within the business community has been a debate for quite some time now. Given the nascent stage at which this line of thinking and working is developing, there isn’t much awareness as to why by doing this a business entity’s ESG rating, along
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Top 3 ESG Myths in the Corporate World
Thursday, 07 July 2022
ESG has become the talk of the town in the corporate space. Although, commonly employed by corporations and governments and within board meetings. Considering the concept of ESG barely existed a decade ago, this is a remarkable development. As nonfinancial criteria become increasingly important for a comprehensive assessment of company risk and performance, it’s important to identify
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What is double materiality and why should you consider it?
Tuesday, 07 June 2022
The concept of double materiality states that a company should report on matters that deal with sustainability: – Financially material in influencing the business value – Material to the environment, market, and people The concept of double materiality simply defines that the economic materiality of an issue can shift based on anticipated or unexpected
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What Your Company Should Know About High Impact ESG Issues
Tuesday, 10 May 2022
All organizations, regardless of the size or industry, are prone to non-financial factors that can negatively impact their business. The effects of environmental, social, and governance (ESG) issues on a company’s business are of growing concern for investors, consumers, governments, and other stakeholders. Most companies are prone to a wide range of ESG issues, so
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Three Easy Adjustments to Your Sustainability Plan That Can Help Boost Your ESG Rating
Wednesday, 20 April 2022
ESG rating is vital when it comes to understanding a company’s exposure to environmental, social, and governance risks that have financial implications. The scenario was different a couple of years ago as compared to what we are seeing today. Only a handful of organizations prioritized sustainability and knew what was at stake. However, times have
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5 Ways To Save Your Corporate Governance Strategy From Dying
Wednesday, 06 April 2022
1. Increase Diversity Corporate boards suffer from a serious lack of diversity. In a recent study, organizations with one or more women on the board outperformed companies with no women by 4 percent in net income growth. United States companies lead the world in having one or two women or minority board members. 2. Appoint
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How To Build A Sustainability Plan
Tuesday, 05 April 2022
Organizations must make sustainability a thing of priority if they wish to thrive in a dying world where the competition is fierce. An environment-friendly business can not only bring increased profits but significantly reduce the negative impact on the planet. In an interesting study, it was seen that sustainable-centric organizations generate annual revenue of more
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5 Quick Tips To Develop an ESG Strategy
Thursday, 03 March 2022
It’s needless to say that ESG performance is vital for any organization to survive in the world wherein climate change, depletion of natural resources, and financial frauds are in abundance. Companies need to buckle themselves up and focus on building a plan that focuses on sustainability. Using our domain knowledge, we’d like to share some
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How To Ensure Good Corporate Governance In 5 Simple Steps
Thursday, 03 March 2022
1. Balance board composition If all board members have the same level of experience, with similar skill sets, you will not find the diversity of opinion that is required to rigorously challenge the company’s strategy and ensure it is watertight. Greater diversity on boards introduces new ways of thinking and creative methods of solving problems,
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Carbon and the Climate Crisis
Thursday, 03 March 2022
Introduction A long time ago, we were gifted a pristine planet, a planet which was habitable and where all lifeforms could co-exist. The presence of greenhouse gases was proportionate enough to maintaintemperatures that ensured emergence of life forms as we know them, including humans. Earth’sclimate has changed throughout history. About 12,000 years ago marked the
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Top Corporate Governance Trends in 2022
Wednesday, 02 February 2022
More emphasis on Cybersecurity Policies 2022 will witness an augmented digital transformation. In contrast, cyber threats and ransomware incidents are likely to rise because of digitalization, remote work, and increased use o third parties; the focus would therefore be on security measures, incident response, board reporting, and communication. The ESG will steal the show Organizations
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How GovEVA File Manager Can Change The Way You Practice File Management
Wednesday, 05 January 2022
A very core part of your board management process is storing, sharing, and securing files that serve as the backbone of your company’s lifeforce. And for that very reason, we have built the GovEVA File Manager or GFM. This feature allows you to ease your document management process by offering the following benefits: Unlimited Storage
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3 Core Steps To Effective Compliance Risk Management
Wednesday, 05 January 2022
A major component of running an organization is making sure it is in compliance with external and internal regulations and policies in order to protect it from the risks caused by non-compliance. We are listing down 3 steps to effective compliance risk management: STEP 1: Set a framework to identify your obligations The first step
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5 Easy Steps to a Carbon-Neutral Future for Your Business
Wednesday, 05 January 2022
Achieving zero-carbon has become the new norm for businesses across the world. Organizations have started to realize the consequences of climate change and the stature of the threat it poses to an individual and a nation. If you are a part of an organization that is looking to accomplish the goal of zero-carbon emission, then
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Top 5 ESG Focused Companies That Are Changing The World
Tuesday, 07 December 2021
The significance of ESG is growing rapidly across the world. Companies have started hitting the pedal to the metal to structure their ESG strategy, and so we thought it would be great to list down the top 5 best ESG focused companies in the world to inspire other organizations to go the extra mile and
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Insight from The Board’s Perspective: The Promise & Perlis of Data
Monday, 04 October 2021
Over the past 1 year, the board largely focus on the agendas related to business continuity during the Pandemic. And at the same time, it is important to look after the Obligations related to Cyber security. The Board members are finally waking up to the real risks that cyber security threats can pose to companies
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Sustainability Reporting in 2021 – Order The Mayhem!
Tuesday, 28 September 2021
By Shailesh Haribhakti and Thara TK In the last two years, global agglomerations of capital represented by sovereign wealth funds, pension and provident funds, insurance funds, mutual funds, private equity funds and alternative asset funds have begun to demand a continuous monitoring of ESG (Environmental, Social and Governance) readiness. Quite apart from ESG diligence, there
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How GovEVA’s Progress Meter Can Help Your Company
Tuesday, 21 September 2021
Keeping a daily track of the business operations is of topmost priority, and when it comes to Corporate Governance, the stakes are even higher. GovEVA Boards features a Progress Meter that efficiently tracks your compliance activities and also provides you a roadmap to scale up your Corporate governance levels. To have a better understanding of
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Business leaders jump on ESG bandwagon, sustainability a key focus
Monday, 13 September 2021
India’s first and only ESG certified Director, Shailesh Haribhakti, in a freewheeling chat with Ritu Kant Ojha, Editor, Wiyld, says sustainability is no more just a tick mark in the boardroom discussion items. It is now right at the centre, with chief executives steering sustainability committees. Apart from being on Boards of 20 plus companies like
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Shifting Focus To Total Shareholder Return – A Take On ESG By G.N. Bajpai
Sunday, 12 September 2021
When the future of capitalism is threatened, companies need to change gears from mere profit maximisation to profit with purpose. Currently, the flavour of the global narrative beyond Covid-19 is “WITHER CAPITALISM”. The narrative is pervasive through the corridors of academics, C-suites, citizens’ forums to political chambers, albeit in different nuances of inequality, environmental degradation,
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