Enacted by the European Parliament in April 2023, the Cross Border Adjustment Mechanism (CBAM) is a “‘carbon tariff’” that applies on products manufactured outside the European Union (EU). It takes effect starting October 2026, with reporting starting October 2023. To begin with, the CBAM covers five carbon-intensive sectors – Iron and Steel, Cement, Fertilisers, Aluminium […]

Incorporating ESG criteria in the executive remuneration structure is a potent lever for the Board to steer management accountability and behaviour towards the enterprise sustainability agenda. Leading institutional investors are also demanding tighter alignment between company ESG pledges and executive compensation through a variety of interventions – screening, asset allocation, board engagement and proxy-voting. Therefore, […]

Nearly one-thirds of the world’s top 100 reputed corporate brands also happen to consistently feature in the leader board of the world’s most sustainable corporations. This statistic should not surpise seasoned brand practitioners, as they have come to acknowledge that sustainability is a compelling niche around which they can differentiate their corporate and product brands. […]

Issues concerning cash flow management and go-to-market often dominate the pecking order of prioritisation for early-stage ventures. In contrast, implementation of ESG (Environmental, Social and Governance) related policies and practices may be deemed as appropriate only when the firm has visibility towards an Initial Public Offering (IPO). Emerging research on private markets challenges this notion. […]