Risk Management – Aligning Sustainability and Risk Management

Risk Management – Aligning Sustainability and Risk Management

The Business Roundtable, a nonprofit association made up of CEOs from major American companies, issued a statement that the primary focus of business is no longer to drive shareholder value, but to work in the interests of all stakeholders, including employees and communities. This marks the latest development in a broad trend of rethinking the purpose of business and can be seen as the coming of age for the corporate sustainability movement.

Prada becomes first luxury brand to sign sustainability deal

Prada becomes first luxury brand to sign sustainability deal

Prada has signed a deal worth €50m (£43m) with financial services company Crédit Agricole Group in an effort to champion sustainability. The five-year sustainability loan, which is reportedly the first of its kind in the luxury industry, allows for the Italian fashion house to alter its interest…

Prada signs loan with rates linked to sustainability

Prada signs loan with rates linked to sustainability

Prada Group has signed what is billed as the first business loan in the luxury goods sector linking the annual interest rate to practices that help the environment. Prada said Tuesday that the five-year, 50 million-euro ($55-million) loan with Credit Agricole Group will see interest rates lowered based on “achievement of ambitious targets related to sustainability.”

Green Friday: The retailers championing sustainability over spending for Black Friday 2019

Green Friday: The retailers championing sustainability over spending for Black Friday 2019

Today (29 November) is Black Friday, the biggest sales event of the year. But with consumers increasingly prioritising purpose over profit and climate change climbing the ranking of public priorities, some retailers are taking note and using the o…

How AI Is Impacting School Energy Savings And Sustainability Practices

How AI Is Impacting School Energy Savings And Sustainability Practices

The Department of Energy reports that K-12 schools currently spend more than $6 billion a year on energy, but with the estimated potential to cut costs by 25% through smarter energy management.District leaders will be in search of ways to offset budgetary cuts and energy-efficient solutions are key.