While more and more companies today are focusing on environmental programs, processes and products, many of them are not capturing – or reporting on – the financial value they’re gaining from strong environmental performance, according to research from Accenture, CDP and Hermes Investment Management. And that is a huge missed opportunity, Accenture says.
ACE Group’s risk management services division, ESIS, has launched a mobile environmental incident reporting, testing, and response product to help risk manager mitigate and manage environmental incidents. ESIS On Call provides immediate support to property and risk managers who must mitigate the risks associated with the release of hazardous materials … Read more »
Environmental risks facing new construction or renovation of healthcare facilities can jeopardize patient health and lead to significant financial losses, according to an advisory published by ACE Group. Regulatory changes, increasing competitive pressures and rapid technological advances are transforming the construction of medical facilities, the advisory says. This also opens … Read more »
Risks like disruption from flooding, crucial materials to manufacturing becoming more and more expensive and damage to reputation all need different handling, and risk management approaches haven’t evolved as fast as the changing landscape, PwC says. The firm’s latest report, How can resilience prepare companies for environmental and social change?, … Read more »
The Natural Capital Declaration — signed by the Rabobank Group, Pax World Management and about three dozen other financial institutions at last summer’s Rio+20 Earth Summit — has entered a new phase during which signatories will set about implementing the commitments laid out in the NCD. Four working groups, led … Read more »
Natural resource and environmental risks are becoming financially material for sovereign credit risk, according to a study by the United Nations Environment Programme’s Finance Initiative (UNEP FI). India now demands over 1.8 times more from its ecological assets than it is able to generate and other countries are seeing similar … Read more »