In The News

Polluting Firms to Be “Hit by Climate Policies”: BBC

Roger Harrabin December 11, 2019
Climate researchers overwhelmingly agree that carbon emissions are increasing global temperatures and contributing to worsening storms and rising seas. Most nations rallied around reducing carbon emissions with the Paris Accord in 2015. All levels of government are imposing policies aiming to reduce carbon emissions. As a result, carbon-intensive firms could lose 43 percent of their value and...

Not Disclosing ESG Data: Wall Street Journal

Maitane Sardon September 29, 2019
Investors prefer hearing about environmental, social and governance impacts from companies rather than surprise announcements from the media or government investigations. The term ESG investments was coined in 2005. “[W}hile companies that don’t disclose environmental and social data may not always lose investors, they are more often being passed over by new investors, in favor of firms with...

Climate Strike Spans Continents: Financial Times

Sarah Provan, Philip Georgiadis, Camilla Hodgson, Myles McCormick, Adam Samson September 20, 2019
Millions of students and their supporters are protesting to demand immediate action from political leaders on climate change, ending the reliance on coal and other fossil fuels. Protests are scheduled in about 3,000 cities and more than 160 nations. Many businesses lend their support, with one group ringing fire alarms, responding to an early call of activist Greta Thunberg’s: “I want you to act...

OxyContin and Foreign Sales: New York Times

Matthew Goldstein, Danny Hakim and Jan Hoffman September 10, 2019
The United States strives to bring an end to the opioids crisis, preventing addition and punishing pharmaceutical companies, distributors and physicians that doled out pills in alarming numbers. Purdue Pharma is in negotiations with litigators, but the owners “want to keep selling OxyContin and other drugs abroad for as many as seven more years, through another company they own, Mundipharma,...

Gambling Dilemma: Rappler

Bob Herrera-Lim August 28, 2019
The global gambling industry is worth about $500 billion, with online gaming on the rise. China has asked the Philippines to shut down its online gambling sites that target mainland Chinese players. The Philippines president is expected to support the POGOs – operations that hire Chinese speakers and target the mainland. “[T]he rise of the POGOs is also a lesson for the Philippine government and...

How Do Raids on Undocumented Workers Help? Examiner

Brad Polumbo August 9, 2019
US immigration agents conducted raids on seven food processing plants in Mississippi, arresting almost 700 workers without documents, creating confusion as communities stepped up to assist weeping children, many US citizens, abruptly abandoned. “One U.S. citizen who worked alongside many of the detained illegal immigrants told the Washington Post that the food processing companies were not...

Africa’s Broadcasting Revolution: African Business

David Thomas July 30, 2019
Africa’s young audiences are embracing tried-and-true formulas for television programming from elsewhere in the world – “homegrown, home-produced content telling stories about themselves – it’s the same the world over,” as suggested by an executive of TVC Communications, as reported by David Thomas for African Business Magazine. Popular shows include Wake Up Nigeria and The Bachelor in South...