Role of the Board of Directors in the Corporate Sustainability Strategy

Gone are the days when a corporation’s sole objective was to maximize profit. Today, the corporation’s aim is to maximize stakeholder value by creating value for not just shareholders but also employees, customers, suppliers, local communities, and society at large. This evolution requires a corresponding evolution in the role of the board of directors.  
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Should you pause your ESG strategy during challenging economic conditions?

Should companies pause their ESG strategy given the current challenging economic conditions? This question is important and relevant for every owner of an SME and every board member/executive team. Despite the prevailing belief that ESG efforts are not effective in mitigating immediate disruptions like tough economic conditions, studies show that they create tangible economic value
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The ABCs of ESG

🌍💼 Are you curious about the buzz around ESG? Wondering what it means for your small or medium-sized enterprise (SME)? In post #4 of our ESG series for SMEs, I’ll walk you through the ABCs of ESG and explain why they matter for businesses like yours. 📚🤓🌱 🔤 E is for Environment: The first pillar
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To adapt or to mitigate? SME’s and climate change

Faced with the challenge of climate change, should SMEs “adapt” to change or “mitigate” the global impact of their operations? What do you think? 🌍Welcome to post #4 of my “ESG for SMEs” series.🌍 Faced with the challenge of climate change, SMEs need to adopt a comprehensive approach that includes both adaptation and mitigation. Both
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Circular economy and SMEs

Have you ever heard of the circular economy? Do you have any ideas for using it as an opportunity and growth lever for your SME? I’d love to hear your ideas on the subject. In this 3rd publication in the ESG for SMEs series, discover this innovative concept that is revolutionizing our current economic and
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Role of the internal audit team in ESG

🌍 Did you know that the internal audit team plays a pivotal role in an organization’s Environmental, Social, and Governance (ESG) strategy, oversight, and reporting? Let’s explore some key areas where internal audit adds value: 📊 🔒Policies : Internal audit plays a crucial role in ensuring that organizations have effective ESG risk management strategies in
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🌍 The Impact of Carbon Pricing on Credit Risk

🌍 The Impact of Carbon Pricing on Credit Risk: Insights for Financial Institutions and Regulators 📊💼 A recent study by Oyegunle & al. has interesting findings on the effect of high greenhouse gas (GHG) emissions on the credit risk of companies. The study specifically examines the potential impact of carbon pricing policies on credit risk
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Double materiality for SME’s

🌍📈 As a Quebec-based SME, you may sometimes feel overwhelmed by the complex language of ESG factors. But don’t worry, we are here to simplify this language and make it accessible to everyone. In our second publication of the ESG series for SMEs, we will discuss the concept of double materiality. Welcome! 🌍📈 Double materiality
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Benefits of adopting ESG for your SME business

🌍📈 As a Quebec SME, do you sometimes feel overwhelmed by the complex language of ESG factors? Follow us to learn more about how environmental, social, and governance factors, commonly referred to as ESG, can help your company open up new business opportunities. Welcome to the first publication of our ESG series for SMEs. Do
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ESG insights from Wells Fargo’s recent $1 billion settlement

Wells Fargo’s agreed to pay $1 billion to settle a class-action lawsuit filed by shareholders. The lawsuit accused the bank of overstating its progress in addressing governance issues and risk management systems following the 2016 fake-accounts scandal. Here are a few insights regarding the S and the G factors in ESG: ➡ Social: The lawsuit
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