Sustainabiltiy in the Finance Industry
The objective of this study is to answer the question of what the Global Knights Top 100 list is and to examine sustainability initiatives in the banking industry, the insurance industry, the real estate industry and the financial services industry. Corporate social responsibility (CSR) is found in this study to be of primary importance for industry sustainability.
Global Knight Top 100 List
The Global 100 process is reported to start each year on the 1st of October at the time the starting universe for the index is reported to have been established. It is reported that the companies in the starting universe "are put through four screens, and the companies that emerge constitute the Global 100 Shortlist." (Corporate Knights, 2015, p. 1) It is reported that the companies in the Shortlist receive scores on the "priority KPIs for their particular GICS Industry" and that the 'top overall performers from each GIDS Sector are named to the Global 100." (Corporate Knights, 2015, p. 1) The Global 100 index from its beginning is reported to have delivered "a total return of 90.76% compared to 96.98% for its benchmark, the MSCI All Country World Index." (Corporate Knights, 2015, p. 1) According tot he report the Global Index has...
Sustainability and the benefits derived from its implementation have become a contentious issue within the hotel industry. Populations, particularly in emerging markets, continue to expand at a very rapid pace. In fact, it is estimated that the population will grow to nearly 10 Billion people by the year 2050. This rapid expansion of population, although exciting, will require sustainability practices that meet present needs without compromising the needs of future
Sustainability in Business Sustainability PowerPoint® Presentation and Paper Sustainability refers to the capacity of a business to have no significant negative impact on the local or global community, environment, society or the economy. These businesses strive to meet the triple bottom line (TBL) which consists of people, planet and profit. This means that the businesses demonstrate their commitment to CSR through catering for people, the planet and profit. For people, it means
Sustainability: What is required to stop global warming and other negative consequences of industrialization? The need for businesses and governments to be sustainable enterprises is one of the most talked-about subjects in the media today. According to the Environmental Protection Agency (EPA): "Sustainability is based on a simple principle: Everything that we need for our survival and well-being depends, either directly or indirectly, on our natural environment. Sustainability creates and maintains
Buildings will be required to obtain energy certification. At the current time, construction engineers are the most likely candidate for the job. This being the case, it is estimated that approximately 12,000 engineers will need to be retained to carry out these functions (Coverdale, 2002). As one can see, the EPBD will place a strain on the construction industry in terms of knowledge and the manpower needed to carry out
" (Traventec, Ltd., 2005) Market saturation is possible according to Traventec, Ltd., due to the constant "influx of new entrants into the low cost carrier and regional space and continued expansion of existing players. When and whether market saturation is actually reached in specific regions of the world depends on how mature regional and low cost air transport is in the first place and the size of the yet under-served
In this regard, Green and her colleagues emphasize that, "The corporate wealth of logging giant Gunns, Ltd. (which controls over 85% of the state's logging, is the world's largest hardwood woodchip exporter, and is worth over one billion dollars) has not trickled down into the state's economy" (2007, p. 95). Despite the enormous range of wood products, particularly its valuable hardwoods, that could be produced from Tasmania's forests, more than
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