ARTICLES
The ESB’s Colombian Coal Habit
Over the last two decades the Electricity Supply Board (ESB) has imported coal from the Cerrejón mine in Colombia to help power the national grid in Ireland. While the majority state-owned enterprise has made significant efforts to move to cleaner energy sources, the accumulated legacy impact of coal purchases on communities, such as in this region, must be addressed. This is an opportunity for the ESB to showcase their commitment to sustainability and the credibility of their transition plan. How they act will reflect on the people of Ireland.
New Issue of The ESG Factor Magazine
In this issue of the magazine, among other articles, we share insights on ESG ratings performance in Europe, the subjectivity in social metrics, a guide to carbon offsets, and why Colombian coal highlights the gaping hole in transition plans.
Authentic. Is the transition plan credible?
Policymakers across the globe are in broad agreement that we need to transition to a sustainable economy, albeit there are differences on how to get there, when we’ll get there and what it looks like. It is critical that all the talk of “transition” is not just another way for leaders to deflect from taking the tough decisions that are needed today.
New Issue of The ESG Factor Magazine
In this issue of the magazine, among other articles, we share insights on what characterises a meaningful sustainability transition, the need for companies and individuals to adapt, the regulation intended to drive the transition, and the concept of transition investing.
Peace is the goal, war is the reality
Peace. Goal 16 of the UN Sustainable Development Goals (SDGs) is to “Promote just, peaceful and inclusive societies”. Yet war and conflict continues to rage. UN resolutions for a ceasefire are meaningless, when the most powerful countries follow their own rules.
When financial sustainability takes a back seat
From purpose driven to bankruptcy – a lesson from AppHarvest