Investing and Global Finance News

Businesses Adopting Sustainability Model in 2023

A recent report from Aflac shows that 77% of 2023 consumers are more willing to buy from a company with a Corporate Social Responsibility (CSR) pledge. In 2023, businesses are incorporating sustainability into their models. Adopting a sustainable approach, though, may require large overhauls to the company’s operations. Top organizations are recognizing the importance of partnerships with experienced consultants in order to successfully administer these complex shifts.

Many companies are partnering with Bearing Point, a management and technology consulting company. Bearing Point was bought by Saur, a French-based leading water management company whose goal is to safeguard water as a valuable resource. By partnering with Bearing Point, the two organizations successfully developed a sustainability roadmap, which established specific financial and environmental targets to preserve annual water use in cities and sign power purchase agreements to reach 100% green electricity.

73% of investors are more interested in companies who have taken a CSR pledge, and business leaders recognize that they are held responsible for the environmental impact of their business. This awareness has led major tech companies, such as Dell, Amazon, Apple and Google, to pledge over the past year to reduce their carbon footprint and adopt sustainability measures. The company websites now feature an environmental commitment, and this move toward adopting sustainability practices is winning serious points with consumers.

CoinCorner Partners with Bitnob, Pouch, Enabling Cross-border Transfer of Funds

CoinCorner has recently announced two new partnerships: Bitnob and Pouch. Their partnership with Bitnob enables users in the UK and Europe to transfer funds, either starting with British pound (GBP) or Euro (EUR) to Nigeria, Kenya and Ghana instantly and for free. CoinCorner’s partnership with Pouch enables users to transfer funds, either of GBP or… Continue Reading

Food & Drink Looking Good for 2023

A recent study by Marcum LLP indicates that over two-thirds of executives in the food and beverage industry maintain a positive outlook for 2023. Executives in food manufacturers, eateries, distributors, retailers, and agriculturists were asked about the various issues facing their work and businesses. With close to 70% of respondents pointing to an increase in… Continue Reading

Moxion Power Batteries are on Set

Close to half of the carbon emissions of any movie are produced by the fuel used to power generators and transportation needs, according to the Sustainable Production Alliance. That is why movie sets are going green with cleaner energy batteries. Moxion Power technologies are replacing diesel generators on sets film and TV sets for creators… Continue Reading

Neil Cole on the Difference Between Brand and Label

Neil Cole transformed the business world for more than four decades. As a trailblazing branding executive, he revolutionized the licensing industry and reconceptualized how retail and brands target an audience. As part of his branding innovation, Neil Cole founded Iconix, a company specializing in brand management with licensing rights to top names in fashion and… Continue Reading

Kevin Ulrich transitions from CEO to Chairman at Anchorage Capital Group

Kevin Ulrich, a co-founder of Anchorage Capital Group, has now transitioned to be the firm’s Chairman after more than twenty years as the CEO. Under Ulrich, Anchorage was one of the largest distressed-debt hedge funds. He pointed to ongoing client withdrawals and truculent markets as the reason for the closure of the firm’s prize investment… Continue Reading

Digital Markets Act is E.U.’s Attempt to Limit Big Tech

Digital Markets Act is E.U.’s Attempt to Limit Big Tech

The Digital Markets Act is the European Union’s most far-reaching piece of legislation since it passed its strict privacy laws in 2018. The law tackles the power of the leading tech companies and redefines the way app stores, digital marketing, online retail, and messaging platforms operate. The legislation is designed to stop the biggest tech… Continue Reading