Showing posts with label ESG. Show all posts
Showing posts with label ESG. Show all posts

Sunday, 11 December 2022

Citadel Advantage News Digest - Issue #158

Read / Subscribe to the “Citadel Advantage News Digest” Issue #158 - In this edition -
  • Green Loans: A Fast-Track Method to Be a Banking ESG Leader
  • Cryptocurrency Exchanges, Regulation and Bank Runs: A Summary
  • The whole point of money is to NOT know your customer - Chris Skinner's blog
  • Just 8% of Americans have a positive view of cryptocurrencies now
  • 'Bank of Twitter': Is Elon Musk Spitballing Or Could It Really Work?
  • Why Crypto’s Crash Hasn’t Spilled Into Other Markets
  • Elon Musk Is Hiring Relatives at Twitter in Literal Nepotism
NEWS about World Affairs, Banking, Fintech, Payments, Business, Blockchain, Crypto, Money and more…

Check it out HERE

Wednesday, 27 July 2022

Are CEO salaries out of control?



Last year, the median pay for the UK’s FTSE 100 CEOs was 80 times the median salary of their employees. As Patrick Temple-West reports, in the US the gulf is even greater, with S&P 500 CEOs earning on average 245 times more. The massive disparity has prompted criticism from many investors, with even billionaire Carl Icahn describing such wage gaps as “unconscionable”. From FT Moral Money.

Monday, 25 July 2022

Read the latest Edition (#131) of the Citadel Advantage News Digest

NEWS about Banking, Fintech, Payments, Business, Blockchain, Crypto, Money and more…

Read the newsletter HERE (with links to all the below mentioned articles).

Contents of this edition;
  • Is it time to unbundle ESG?
  • Et Tu, Muske?
  • 6 Keys to Data Center Planning
  • How banks can personalize financial wellness
  • Consumers Expect Personalization at Every Banking Touchpoint
  • Creating a Secure Mobile App: Main Vulnerabilities and Security Practices
  • 4 Ways Citizens Bank Keeps 'Human' in Its Digital Banking Experience
  • Your Complete Guide to Getting A Job On Blockchain
  • Why Banks Need to Fix Their Poor Digital Onboarding Experience
  • Artificial Intelligence in AP Automation – A Look at What Really Works, and What Doesn't
  • High Rates & Tight Housing Spells Bleak Outlook for Mortgage Lending
  • Making the branch relevant by design
  • Electric Vehicle Lending: How Green Loans Can Accelerate Growth
  • Nigerian Commercial Banks ‘Apathetic’ Over CBDCs, says Governor
  • A Lifetime's Consumption of Fossil Fuels: Visualized
  • What Happened to Terra Luna?
  • Are We Having 1929 Again? - Warren Buffett
  • What happens to investors money when a cryptocurrency exchange goes bankrupt
  • How Blockchain Technology Is Revolutionizing Fintech in 2022
  • How Payment Businesses Deal with Fraud and Data leaks
  • The Importance of IoT Security
  • Organization and metaverse privacy concerns
You can read/subscribe/get all the back issues HERE

Friday, 22 July 2022

Is it time to unbundle ESG?

“ESG should be boiled down to one simple measure: emissions”
; so writes The Economist in a Leader in its June 21st edition.

One of the hottest trends in finance these days is environmental, social and governance (ESG) investing.

This is an attempt to make capitalism work better and deal with the critical threat posed by climate change.

ESG investing has mushroomed in recent years. While the ESG process began with such high hopes in 2004 or thereabouts, the three letters have mutated into shorthand for hype and controversy.
  • Right-wing American politicians blame a “climate cartel” for spiraling prices at pump.
  • Whistleblowers accuse the industry of “greenwashing” by deceiving its clients.
  • Firms from Goldman Sachs to Deutsche Bank face regulatory probes.
While ESG in concept is well meaning it is deeply flawed. The danger is in creating conflicting goals for firms, conning savers and distracting from the now critical vital task of tackling climate change.

The Economist maintains that ESG is “..an unholy mess that needs to be ruthlessly streamlined.”

Read the full story HERE.

Saturday, 1 January 2022

Deutsche Bank’s ESG executive slams industry’s greenwashing practices

Kamran Khan, Deutsche Bank’s head of ESG for Asia Pacific, urged the financial services industry to step up its game and take responsibility for its use of ESG and net-zero labels. 

At a time when the possible ramifications of greenwashing practices multiply rapidly, Khan said there is a growing need to put a “reality check” and impose the authority of “saying no” to colleagues or clients trying to misleadingly attach the ESG label to their products. 

“When you look at it, any company can make a net-zero commitment, and come up with a nice little PowerPoint on how they’re going to move from today to 2030 or 2050,” Khan said at a Sibos 2021 panel last October.

Read the full article on bobsguide. HERE.

Sunday, 14 November 2021

Understanding ESG in the Banking Industry

Surface temperature on the Earth have risen at a record pace in recent decades, creating risks to life, ecosystems, and economies. Climate science warns us that further warming is unavoidable over the next decade, and probably after that as well. Climate change poses a real threat and a huge risk to banks as key providers of finance for commerce and industry.

Climate change is putting banks at risk. This risk is being driven by two requirements facing the banking sector:

  • Banks need to manage their own financial exposures, and these exposures are at risk because of climate change.  
  • Banks are being driven by regulatory pressure to help finance a green agenda, a process that is critical to temper the impact of global warming. 

This course examines the outlined problems that banks are facing and provides practical guidance to assist them in complying with ESG requirements.

This online training course carries 2 CPE credits.

To register and access this online training course clink HERE

Friday, 5 November 2021

“TOP READS OF THE WEEK” (for week 30 October to 5 November)

This is the final edition of TOP READS OF THE WEEK in this format.

However, you can still get all the top reads in banking, fintech, payments, cybersecurity, AI, IoT, risk management by reading / subscribing to the “Citadel Advantage News Digest”.

The Citadel Advantage News Digest is published at least twice a week with all the latest news on Banking, Fintech, Payments, Operations Risk and much, much more. Check it out!

Subscribe to our newsletter click HERE. Under the topmost item “Newsletter” click on “Start reading” to access.

In this weeks selection;

Top Reads
From our Blog

Sunday, 31 October 2021

See what three degrees of global warming looks like

If global temperatures rise three degrees Celsius above pre-industrial levels, the results would be catastrophic. It’s an entirely plausible scenario, and this film shows you what it would look like.

 

The Cost to Reduce Global Warming? $131 Trillion Is One Answer

Money is a sticking point in climate-change negotiations around the world. As economists warn that limiting global warming to 1.5 degrees Celsius will cost many more trillions than anticipated, WSJ looks at how the funds could be spent, and who would pay. 

 

Sunday, 24 October 2021

Can We Ever Fly Without Polluting?

A group of almost 300 airlines have committed to "net zero" carbon emissions by 2050 as the aviation sector tries to align itself with the 2015 Paris Accords. But just how are they going to get there? To find out, I’ve been exploring some of the methods the International Air Transport Association has suggested for emissions reduction.

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Saturday, 23 October 2021

Business: go woke or go broke? - The Economist

Today consumers want to buy more sustainable products, employees want to work for firms that share their values, and in the investment world, ESG funds are all the rage. How are companies responding to these shifting demands and can businesses really do well by doing good? 

 

“TOP READS OF THE WEEK” (for week ending 22 October)

This week’s top reads in banking, fintech, payments, cybersecurity, AI, IoT, risk management and much more

In this weeks selection;

Top Reads
From our Blog

Saturday, 16 October 2021

“TOP READS OF THE WEEK” (for week ending 15 October)

This week’s top reads in banking, fintech, payments, cybersecurity, AI, IoT, risk management and much more

In this weeks selection;

Top Reads

From our Blog

Sunday, 10 October 2021

Jennifer Granholm on the challenges of transition to cleaner energy sources

The US energy secretary tells the FT's US energy editor Derek Brower that the fossil fuel industry must not be left behind as the industry adapts. She explains the action under way to shift power source dependency at a time when there are worries about the risks of Europe spiralling into an energy war

 

Saturday, 9 October 2021

“TOP READS OF THE WEEK” (for week ending 8 October)

This week’s top reads in banking, fintech, payments, cybersecurity, AI, IoT, risk management and much more

In this weeks selection;

Top Reads


From our Blog

Monday, 4 October 2021

How do carbon markets work? -The Economist

In theory putting a price on carbon emissions should incentivise businesses to stop polluting. So why have carbon markets failed to achieve their goal of reducing global emissions? Read more here: https://econ.st/3mi51Eo

Saturday, 2 October 2021

“TOP READS OF THE WEEK” (for week ending 1 October)

This week’s top reads in banking, fintech, payments, cybersecurity, AI, IoT, risk management and much more

In this weeks selection;

Top Reads
From our Blog

Friday, 24 September 2021

“TOP READS OF THE WEEK” (for week ending 24 September)

This week’s top reads in banking, fintech, payments, cybersecurity, AI, IoT, risk management and much more

In this weeks selection;

Top Reads
From our Blog
 
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