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Sub: The environmental, social, and governance (ESG) agenda once had the staunch backing of billionaires, Western governments and the United Nations. Big Capital, however, is backtracking from the very Frankenstein it had created. What are the reasons behind this volte-face? Source: activistpost.com ...
... possibility of adopting a minimum threshold for collective contract coverage . There are also drivers emerging that may underpin a rising trend in wages and social security transfers. In the corporate world, these changes will be driven in part by the ESG agenda, most notably its “S” (social) component. Companies adhering to the ESG paradigm will be increasingly focused on strengthening labour standards, lower the “gender gap” in wages as well as the overall inequality in remuneration. The ...
... emblematic for the degree to which the green/environmental agenda was embraced across the world economy, most notably in all of the main global centres – Europe, the US and China. This was the case in Russia as well, with most of major companies adopting ESG strategies and the authorities committing to achieving net zero emissions target by 2060. The importance of the green agenda for Russia was emphasised on numerous occasions by President Putin, including at the Congress of industrialists in December ...
The rising importance of the ESG agenda at the corporate level also necessitates a transformation in the country-level policies that relate to companies and sectors The rising importance of the ESG agenda at the corporate level necessitates a transformation in the country-level ...
... norms and top-down conditionality of international organizations a new set of rules and standards is starting to propagate throughout the global economy from the micro-level of the corporate and financial world. This new moral code is epitomized in the ESG (environment, social, governance) framework, with the propagation of ESG principles taking place across all key segments of the global economy. The buy-side is witnessing a growing volume of assets under management that is tracking ESG principles ...
| U.S. wants to establish partnership relations with Russia on condition that it meets the U.S. requirements |
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| U.S. wants to deter Russia’s military and political activity |
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| U.S. wants to dissolve Russia |
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| U.S. wants to establish alliance relations with Russia under the US conditions to rival China |
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