#esg

#esg

Enthusiasm for corporate sustainability appears to be waning, with major firms seemingly quietly abandoning environmental goals, but David Picton remains optimistic. For him, sustainability is not an ethical question, but a business driver. A self-described "demon for cutting down on food waste" at home, Picton is senior vice-president of environment, social and governance (ESG) and sustainability at EcoOnline, a company that develops software tools to help organisations protect workers, meet environmental regulations, and embed sustainable practices.

There is growing awareness around sustainability-and the environmental cost of prematurely demolishing safe, structurally sound buildings only to replace them with new construction. In the broader race to reduce carbon emissions, corporations and institutions are placing greater emphasis on ESG performance (environmental impact, social responsibility, and governance). Many now require carbon accounting, set " carbon-neutral" targets, or purchase carbon credits to offset footprints.

Currys, the UK's largest electricals retailer, has scrapped its board-level ESG committee, effectively ending formal oversight of environmental, social and governance issues at the highest level of the company. The decision comes as regulation and investor expectations on sustainability tighten across the UK and Europe, raising questions about the message it sends on corporate governance priorities. Although Currys has stressed that it remains committed to its ESG objectives, critics argue the move is poorly timed.

RI Mining, a global leader in cloud mining, has officially unveiled its new Green XRP Cloud Mining Contract. Powered by clean energy, this innovative product addresses the high energy consumption of traditional mining while delivering stable daily returns of up to $18,000. The launch sets a new benchmark for combining blockchain technology with sustainable finance, opening the door to digital wealth for investors worldwide.

Aberdeen Group plc has unexpectedly terminated its Financial Fairness Trust, along with the CEO and trustees, marking the end of a significant 16-year commitment to research on inequality.