The document provides an overview of sustainability reporting and ESG reporting. It discusses key concepts like scope 1, 2, and 3 emissions reporting and standards like IFRS, FASB, and SASB. It also outlines initial steps organizations can take to implement sustainability and ESG reporting, including developing a data strategy, identifying data sources, and establishing reporting cycles and metrics. Sample software vendors for ESG compliance and reporting are also listed.
NL:
ESG Routekaart.
De dwingende uitdaging waarvoor wij staan op het gebied van milieu is, om met zijn allen de beweging in gang te zetten om de gemiddelde opwarming van de aarde tot 1,5 graden te beperken. Sommige belanghebbenden, gouvernementele organisaties en banken, vragen regelmatig om verbetering en het aanscherpen van de Europese wetgeving met betrekking tot het klimaat. De EU zou tegen 2050 een totale reductie van de binnenlandse emissies van 80% moeten realiseren. Door een eenduidig stappenplan te borgen, is een concrete stap naar verduurzamen. Denk daarbij aan de interne- en externe belanghebbenden te betrekken voor de implementatie van initiatieven om CO2-emissies te verminderen, of een stap verder zou zijn, om de emissies te compenseren. De Routekaart beschrijft aan de hand van analyses, en sector specifieke KPI’s, modellen hoe dit beleid goed zou kunnen worden geborgd in een Environmental Socio-Economic Governance beleid. De Routekaart biedt op de lange termijn een kosten efficiënt pad naar een schonere, klimaatvriendelijke bedrijf.
Short biography of the presenter; Ginio Franker, September 1966, Suriname.
Position Learning and Development NLP-trainer & Transpersoonlijke coach + Climate Leader trained by Al Gore. "A Moral Call to Climate Change" + "Environmental Justice".
Website www.greandream.com.
EN:
ESG-ROADMAP
With the effects of climate change already upon us, the need to cut global greenhouse gas emissions is nothing less than urgent. It’s a daunting challenge, but the technologies and strategies to meet it exist today. A small set of ESG policies, designed and implemented well, can put us on the path to a low carbon future. ESG Key Performance Indicators are complex, so they must be sector specific, focused and cost-effective. One-size-fits-all approaches simply won’t get the job done. Sustainability managers need a clear, comprehensive resource that outlines the ESG policies that will have the biggest impact on our climate future, and describes how to implement these policies well within their own organisations.
We don’t need to wait for new technologies or strategies to create a low carbon future—and we can’t afford to. ESG-ROADMAP gives professionals the tools they need to select, design, and implement the policies that can put us on the path to a livable climate future.
The Environmental Social Governance challenges e.g: on regulatory and reputational risks, market scandals and new market opportunities makes ESG information a data source of growing importance. With ESG in company seminars, round table discussions, scholarships and online association programs, we leave no one behind. Sign up today. Zentrepreneur Environmental Social Governance Associates Training. (ZESGA).
contact@esgwatch.eu
+32485773608 BE
+31630092220 NL
ESG is best characterized as a framework that helps stakeholders understand how an organization is managing risks and opportunities related to environmental, social, and governance criteria.
NL:
ESG Routekaart.
De dwingende uitdaging waarvoor wij staan op het gebied van milieu is, om met zijn allen de beweging in gang te zetten om de gemiddelde opwarming van de aarde tot 1,5 graden te beperken. Sommige belanghebbenden, gouvernementele organisaties en banken, vragen regelmatig om verbetering en het aanscherpen van de Europese wetgeving met betrekking tot het klimaat. De EU zou tegen 2050 een totale reductie van de binnenlandse emissies van 80% moeten realiseren. Door een eenduidig stappenplan te borgen, is een concrete stap naar verduurzamen. Denk daarbij aan de interne- en externe belanghebbenden te betrekken voor de implementatie van initiatieven om CO2-emissies te verminderen, of een stap verder zou zijn, om de emissies te compenseren. De Routekaart beschrijft aan de hand van analyses, en sector specifieke KPI’s, modellen hoe dit beleid goed zou kunnen worden geborgd in een Environmental Socio-Economic Governance beleid. De Routekaart biedt op de lange termijn een kosten efficiënt pad naar een schonere, klimaatvriendelijke bedrijf.
Short biography of the presenter; Ginio Franker, September 1966, Suriname.
Position Learning and Development NLP-trainer & Transpersoonlijke coach + Climate Leader trained by Al Gore. "A Moral Call to Climate Change" + "Environmental Justice".
Website www.greandream.com.
EN:
ESG-ROADMAP
With the effects of climate change already upon us, the need to cut global greenhouse gas emissions is nothing less than urgent. It’s a daunting challenge, but the technologies and strategies to meet it exist today. A small set of ESG policies, designed and implemented well, can put us on the path to a low carbon future. ESG Key Performance Indicators are complex, so they must be sector specific, focused and cost-effective. One-size-fits-all approaches simply won’t get the job done. Sustainability managers need a clear, comprehensive resource that outlines the ESG policies that will have the biggest impact on our climate future, and describes how to implement these policies well within their own organisations.
We don’t need to wait for new technologies or strategies to create a low carbon future—and we can’t afford to. ESG-ROADMAP gives professionals the tools they need to select, design, and implement the policies that can put us on the path to a livable climate future.
The Environmental Social Governance challenges e.g: on regulatory and reputational risks, market scandals and new market opportunities makes ESG information a data source of growing importance. With ESG in company seminars, round table discussions, scholarships and online association programs, we leave no one behind. Sign up today. Zentrepreneur Environmental Social Governance Associates Training. (ZESGA).
contact@esgwatch.eu
+32485773608 BE
+31630092220 NL
ESG is best characterized as a framework that helps stakeholders understand how an organization is managing risks and opportunities related to environmental, social, and governance criteria.
What is an ESG Audit?
Environmental, social and governance (ESG) risks are inevitable for every business. But how these issues are collected, managed and reported are what will make the difference between a company that is prepared or not.
This Research Spotlight provides a summary of the academic literature on environmental, social, and governance (ESG) activities including:
• The relation between ESG activities and firm value
• The impact of environmental and social engagements on firm performance
• The market reaction to ESG events
• The relation between ESG and agency problems
• The performance of socially responsible investment (SRI) funds
This Research Spotlight expands upon issues introduced in the Quick Guide “Investors and Activism”.
Leading player in Energy and Sustainability Services
Led more than 500 sustainability service offerings( CSR, EIAs, LCAs, CDM, Environmental Finance etc.)
Sectors( Energy and Infrastructure, Mines and Metals, Manufacturing, Habitats, Forestry, Agriculture) and
Geographies (India, Srilanka, Thailand, Philippines, Indonesia, Nigeria, Kenya, Tanzania)
Clients (Governments, Multilaterals, UN, Business groups, NGOs)
Delivered more than 500 million USD benefits to clients
Operating across India, South East Asia and Africa
ESG Roadmap: Observations and practical advice for boards, corporate secretar...Mike Wallace
Company governance practices and failures have long been an important factor in investor
analysis of a firm’s short-term and long-term value. Over the last several decades—with an
acceleration in the last five years—the relevance to investors of a company’s environmental and
social impacts stemming from its practices, policies and products has increased substantially.
Effective oversight and management by boards, corporate secretaries and sustainability teams
of so-called “ESG” (environmental, social and governance) issues are increasingly important to
preserving and creating shareholder value. Driven by client demand, reputational risk
management and a supportive body of financial research, many investors are demanding that
companies think more broadly about their ESG impacts, take corrective action (if required) and
disclose their ESG-related efforts. In this brief, we will examine the drivers of the growth in
ESG-related investing and engagement, explore ESG’s impact on financial products and
strategies and suggest practical advice to assist boards, corporate secretaries and sustainability
teams.
The Rise, Impact, and Challenges of ESG Factor Based Investing.JacobReynolds24
Covers a wide range of topic regarding ESG integration and ESG factor-based investing.
With many pension funds starting to follow the UN’s PRIs, and the signatories representing $70 trillion. ESG factor-based investing cannot be ignored, regardless of the participant's principles. The divestitures we are seeing by major players such as GPIF, Norwegian Oil Fund, CalSTRS as well as many smaller endowment funds.
Has this led to an increase in PE activity in the affected sectors, the driver is that the –what can be seen as forced- selling leading to said companies trading at a discount in public markets. Which leads to the question: through ESG conscious funds investing inline with their principles, do they end up bounding their returns (in the case of tobacco divestment) and arguably making the companies who are deemed poor on the E and S vector less transparent and accountable.
These slides discusses on the environmental, social and governance (ESG) factors for responsible investment. It briefly covers the ongoing crisis our world economy is dealing with today, which adversely affects business owners and investors alike.
Environmental, social and governance (ESG) refers to the three main areas of concern that have developed as central factors in measuring the sustainability and ethical impact of an investment in a company or business. These areas cover a broad set of concerns increasingly included in the non-financial factors that figure in the valuation of equity, real-estate, corporate, and fixed-income investments. ESG is the catch-all term for the criteria used in what has become known as socially-responsible investing. Socially responsible investing is among several related concepts and approaches that influence and, in some cases govern, how asset managers invest portfolios.
The deck sets the scene by introducing the current sustainability context, the Global Reporting Initiative's (GRI- https://www.globalreporting.org/Pages/default.aspx) role in providing metrics for measuring and communicating on sustainability performance and impacts. With numerous reporting requirements out there for organizations to comply with, the deck also explains GRI's collaborative efforts in aligning with other Frameworks.
The presentation was made during the April 2013 'CSR and Sustainability in extractive and energy industries. UK global expertise' week in London. The audience was comprised of representatives from the Oil and Gas and Mining sectors, from Russia and Kazakhstan, who were relatively new to sustainability reporting. The deck puts forward the business case for reporting on sustainability performance and impacts, and includes brief sector-specific information on sustainability reporting trends in those two sectors.
Besides providing a framework for organizations to use, GRI also offer support and guidance - what this means exactly is clarified in the deck.
ESG & Impact Investing: Navigating the EssentialsJedrick Theron
A report that will help readers navigate the world of ESG and Impact Investing. It will help readers with coming to an understanding of development finance institutions, the benefits of ESG in investing and company management and how best to implement ESG and impact investing into practice.
Environmental, Social and Governance (ESG) investing is bringing a new lens to the world of traditional investment management. ESG is increasingly becoming a key decision criterion within the institutional and retail channels as investors seek to ensure that their investments align with their values. In this webinar, we will provide a unique understanding of distribution trends driven by ESG criteria vital to product development and sales strategies for Asset Managers.
Broadridge has partnered with MSCI ESG Research to provide Asset Managers with access to ESG factors for funds. On this webinar, we will provide a detailed overview of ESG investment trends as well as present an overview of a unique set of data that provides ESG transparency on more than 27,000 funds.
What is an ESG Audit?
Environmental, social and governance (ESG) risks are inevitable for every business. But how these issues are collected, managed and reported are what will make the difference between a company that is prepared or not.
This Research Spotlight provides a summary of the academic literature on environmental, social, and governance (ESG) activities including:
• The relation between ESG activities and firm value
• The impact of environmental and social engagements on firm performance
• The market reaction to ESG events
• The relation between ESG and agency problems
• The performance of socially responsible investment (SRI) funds
This Research Spotlight expands upon issues introduced in the Quick Guide “Investors and Activism”.
Leading player in Energy and Sustainability Services
Led more than 500 sustainability service offerings( CSR, EIAs, LCAs, CDM, Environmental Finance etc.)
Sectors( Energy and Infrastructure, Mines and Metals, Manufacturing, Habitats, Forestry, Agriculture) and
Geographies (India, Srilanka, Thailand, Philippines, Indonesia, Nigeria, Kenya, Tanzania)
Clients (Governments, Multilaterals, UN, Business groups, NGOs)
Delivered more than 500 million USD benefits to clients
Operating across India, South East Asia and Africa
ESG Roadmap: Observations and practical advice for boards, corporate secretar...Mike Wallace
Company governance practices and failures have long been an important factor in investor
analysis of a firm’s short-term and long-term value. Over the last several decades—with an
acceleration in the last five years—the relevance to investors of a company’s environmental and
social impacts stemming from its practices, policies and products has increased substantially.
Effective oversight and management by boards, corporate secretaries and sustainability teams
of so-called “ESG” (environmental, social and governance) issues are increasingly important to
preserving and creating shareholder value. Driven by client demand, reputational risk
management and a supportive body of financial research, many investors are demanding that
companies think more broadly about their ESG impacts, take corrective action (if required) and
disclose their ESG-related efforts. In this brief, we will examine the drivers of the growth in
ESG-related investing and engagement, explore ESG’s impact on financial products and
strategies and suggest practical advice to assist boards, corporate secretaries and sustainability
teams.
The Rise, Impact, and Challenges of ESG Factor Based Investing.JacobReynolds24
Covers a wide range of topic regarding ESG integration and ESG factor-based investing.
With many pension funds starting to follow the UN’s PRIs, and the signatories representing $70 trillion. ESG factor-based investing cannot be ignored, regardless of the participant's principles. The divestitures we are seeing by major players such as GPIF, Norwegian Oil Fund, CalSTRS as well as many smaller endowment funds.
Has this led to an increase in PE activity in the affected sectors, the driver is that the –what can be seen as forced- selling leading to said companies trading at a discount in public markets. Which leads to the question: through ESG conscious funds investing inline with their principles, do they end up bounding their returns (in the case of tobacco divestment) and arguably making the companies who are deemed poor on the E and S vector less transparent and accountable.
These slides discusses on the environmental, social and governance (ESG) factors for responsible investment. It briefly covers the ongoing crisis our world economy is dealing with today, which adversely affects business owners and investors alike.
Environmental, social and governance (ESG) refers to the three main areas of concern that have developed as central factors in measuring the sustainability and ethical impact of an investment in a company or business. These areas cover a broad set of concerns increasingly included in the non-financial factors that figure in the valuation of equity, real-estate, corporate, and fixed-income investments. ESG is the catch-all term for the criteria used in what has become known as socially-responsible investing. Socially responsible investing is among several related concepts and approaches that influence and, in some cases govern, how asset managers invest portfolios.
The deck sets the scene by introducing the current sustainability context, the Global Reporting Initiative's (GRI- https://www.globalreporting.org/Pages/default.aspx) role in providing metrics for measuring and communicating on sustainability performance and impacts. With numerous reporting requirements out there for organizations to comply with, the deck also explains GRI's collaborative efforts in aligning with other Frameworks.
The presentation was made during the April 2013 'CSR and Sustainability in extractive and energy industries. UK global expertise' week in London. The audience was comprised of representatives from the Oil and Gas and Mining sectors, from Russia and Kazakhstan, who were relatively new to sustainability reporting. The deck puts forward the business case for reporting on sustainability performance and impacts, and includes brief sector-specific information on sustainability reporting trends in those two sectors.
Besides providing a framework for organizations to use, GRI also offer support and guidance - what this means exactly is clarified in the deck.
ESG & Impact Investing: Navigating the EssentialsJedrick Theron
A report that will help readers navigate the world of ESG and Impact Investing. It will help readers with coming to an understanding of development finance institutions, the benefits of ESG in investing and company management and how best to implement ESG and impact investing into practice.
Environmental, Social and Governance (ESG) investing is bringing a new lens to the world of traditional investment management. ESG is increasingly becoming a key decision criterion within the institutional and retail channels as investors seek to ensure that their investments align with their values. In this webinar, we will provide a unique understanding of distribution trends driven by ESG criteria vital to product development and sales strategies for Asset Managers.
Broadridge has partnered with MSCI ESG Research to provide Asset Managers with access to ESG factors for funds. On this webinar, we will provide a detailed overview of ESG investment trends as well as present an overview of a unique set of data that provides ESG transparency on more than 27,000 funds.
How to fix the Governance model for Government (Public Sector).pptxpaul young cpa, cga
Summary:
I have written many presentations and blogs over the years on transforming the public sector. The public sector needs to reform its model including stronger crisis and risk management planning and analysis, creating new a compliance group that ensures all oversight agencies are free from partisan policies, governments need to learn to live within its means, all program spending should undertake a program review, taxation focus should be on tax fairness, policies should address issues like wage reform or pension reform or other reforms.
How to improve the Governance Model for the Public Sector - August 2023.pptxpaul young cpa, cga
Blog – Transforming the Public Sector Governance model for local, state, provincial, and Federal Governments
I have written many blogs on the public sector, especially their challenges. https://www.globalgovernmentforum.com/top-trends-in-2023-what-will-governments-prioritise-in-the-year-ahead/
One of the major challenges with the public sector is the data silos as part of driving better decisions based on data. https://cfotech.com.au/story/data-leaders-should-balance-governance-and-innovation-qlik
Much has been written on ESG adoption by the private sector. Little has been said how all levels of government also need to adopt ESG policies including key metrics as part of the integrated planning and reporting cycle. https://www.thefashionlaw.com/companies-governments-need-a-new-approach-to-esg-policies/
This has been horrible past few months for weather related events. These related events have highlighted the need for better crisis, emergency, and risk management plans including audited reports as part of the fiscal management cycle. https://www.reuters.com/business/environment/hawaiian-electric-ceos-bonus-lacked-incentive-cut-wildfire-risk-documents-show-2023-08-25/ or https://www.slideshare.net/paulyoungcga/why-both-the-private-and-public-sectors-need-mandatory-audits-of-crisis-and-risk-management-reports
All levels of government need to work with the private sector on balancing economic policies with protecting the environment. https://www.bnnbloomberg.ca/imf-chief-sees-monetary-policy-divergence-after-inflation-fight-1.1963556
How to improve the Governance Model for the Public Sector - July 2023.pptxpaul young cpa, cga
Blog – How to strengthen the Public Governance Model for the Public Sector (Government)
All levels of government are struggling with many issues including affordable housing, economic growth, protecting the environment, public safety, taxation, and delivering program spending with value for money.
Additional links and sources
Provinces - https://www.fraserinstitute.org/blogs/provinces-would-be-running-surpluses-if-they-showed-spending-restraint
China Debt - https://www.caixinglobal.com/2023-07-28/wang-tao-chinas-fiscal-challenge-and-local-government-debt-risk-102087271.html
Fiscal Monitor Canada - https://www.ctvnews.ca/politics/federal-government-posts-1-5b-surplus-for-first-two-months-of-fiscal-year-1.6498253
Crisis Management - https://ts2.space/en/ai-in-crisis-management-from-prediction-to-prevention-and-response/
Housing - https://www.bnnbloomberg.ca/historic-correction-grips-canada-s-housing-market-rbc-says-1.1795747
Inflation - https://www.reuters.com/article/global-markets-idAFL1N39E1KY
Global GDP - https://www.weforum.org/agenda/2023/07/imf-global-growth-interest-rate-july-28/
ESG – https://polestarsolutions.medium.com/building-a-better-future-the-indispensable-role-of-esg-strategy-in-corporate-30d690aa5c7a
Supply Chain - https://supplychains.com/emerging-trends-shaping-global-supply-chains-in-2023-a-short-guide/
A successful data governance capability requires a strategy to align regulatory drivers and technology enhancement initiatives with business needs and objectives, taking into account the organizational, technological and cultural changes that will need to take place.
This talk will unveil QIAGEN’s Biomedical Knowledge Base products, elucidating their structure and schema design optimized for complex data exploration and sophisticated question-answering in the biomedical sector.
How to improve the Governance Model for the Public Sector (All Levels of Gove...paul young cpa, cga
Blog – How to Improve the Public Sector Governance model for all levels of Government – March 2023
New budget - https://www.bnnbloomberg.ca/budget-2023-key-highlights-from-the-federal-liberals-spending-plan-1.1901609
There was 6B+ fiscal gap for the ten months ending January 31, 2023 - https://www.reuters.com/markets/canada-records-c644-bln-budget-deficit-first-10-months-2022-23-2023-03-28/
More needs to be done to address Canada competitiveness - https://climateinstitute.ca/news/budget-2023-is-a-strong-gameplan-to-keep-canada-competitive/
Federal government and all levels of government need to do more to support innovation - https://www.univcan.ca/media-room/media-releases/budget-2023-a-missed-opportunity/
Canada needs to do more to address productivity - https://shopmetaltech.com/shop-management/canadas-2023-budget-must-address-declining-productivity-occ/
Labor force in Canada continues to face many challenges - https://ca.sports.yahoo.com/news/ahead-game-falling-behind-canadas-180826403.html
GDP growth continues to be a challenge for natural resource rich country like Canada - https://www.forexlive.com/news/canadian-budget-forecasts-gdp-growth-of-03-this-year-15-in-2024-and-23-in-2025-20230328/
Addressing issues with food prices continues to be a challenge for all levels of government - https://ca.finance.yahoo.com/news/walmart-costco-canada-not-making-080000514.html or https://www.newswire.ca/news-releases/media-statement-retail-council-of-canada-s-response-to-federal-budget-850440994.html
More adoption of AI could lead to how both the private and public sector drive data as part of improving business outcomes - https://www.ctvnews.ca/business/300-million-jobs-could-be-affected-by-latest-wave-of-ai-says-goldman-sachs-1.6333637
Global Housing Market Analysis and Commentary- September 2023.pptxpaul young cpa, cga
Summary:
Homebuilders are walking a fine line when it comes to new projects as high mortgage rates curb demand.
New residential construction, including single-family homes and multifamily, dropped 11.3% month over month in August to 1.283 million units on a seasonally adjusted basis, according to Census Bureau data released Tuesday. That's down 14.8% compared with a year ago and well below the 1.44 million units economists surveyed by Bloomberg projected.
But authorized residential permits — an indicator of potential future activity — rose 6.9% to 1.543 million permits in August from July. That was still down 2.7% from last August. Single-family permits, though, were up 2% from July to 949,000. Multifamily permits came in at 535,000.
The data reflects two opposing forces builders are trying to balance: the ongoing need for new construction to fill in limited inventory and elevated mortgage rates that are hurting their biggest customer right now, the first-time homebuyer.
"High mortgage rates are clearly taking a toll on builder confidence and consumer demand, as a growing number of buyers are electing to defer a home purchase until long-term rates move lower," Robert Dietz, chief economist of the National Association of Home Builders, said Monday in a press release after builder confidence dropped for the second straight month.
Source: https://ca.finance.yahoo.com/news/homebuilders-face-a-tough-balancing-act-on-new-construction-amid-high-mortgage-rates-130744368.html
Blog – What is next for the Mining Sector – September 2023
The mining sector provides critical material that support solar, wind, and lithium-ion batteries as part of the green transition. https://www.iea.org/news/critical-minerals-market-sees-unprecedented-growth-as-clean-energy-demand-drives-strong-increase-in-investment
The mining sector products play a key role with the global GDP - https://www.yicaiglobal.com/news/global-mining-industry-value-was-69-of-world-gdp-last-year-china-says
Mining practices need to be sustainable including following all ESG policies - https://www.linkedin.com/advice/1/how-can-you-monitor-sustainable-mining-practices
Other links and sources –
Lithium Supply and Price - https://zbr.com.mx/en/sin-categoria-es/lithium-prices-fall-44-in-china-due-to-lack-of-demand/138168/
Cobalt - https://www.linkedin.com/posts/mahmut-karada%C5%9F-a2b7a5151_china-exportrestrictions-gallium-activity-7082603182589157376-Zrty/?trk=public_profile_like_view
Nickel https://www.eureporter.co/business/2023/09/15/stanislav-kondrashov-from-telf-ag-nickel-prices-outlook-remains-positive/
Iron-ore - https://www.brecorder.com/news/40263584/sgx-iron-ore-set-for-best-week-in-3-months
TD Bank / Metals - https://www.tdsecurities.com/ca/en/setting-the-stage-for-gold-outlook
Biodiversity / Mining - https://worldcrunch.com/green/lithium-green-energy-argentina-indigenous
ESG - https://iriscarbon.com/the-added-value-of-integrated-esg-reporting-a-threefold-framework/
Blog – Manufacturing Shipments and Orders – The United States – August 2023
Summary:
New orders for manufacturing technology in the United States totaled $353.9 million in July 2023, as per the latest report by AMT – The Association For Manufacturing Technology. This figure marked a 12.4% decline from June 2023 but remained only 10.5% lower than July 2022. Year-to-date orders amounted to $2.83 billion, reflecting a 12.7% decrease compared to the same period the previous year.
Douglas K. Woods, President of AMT, noted that July is typically a slower month for manufacturing technology orders, so a slight drop was expected. However, he pointed out a notable trend: over the last two months, the year-to-date order gap has narrowed during historically slow periods. While job shops have seen decreased orders, other industries that benefited from reshoring or government investments have helped fill the gap.
Among specific sectors, job shops, the largest customer segment, placed their lowest total monthly orders since August 2020. In contrast, metal valve manufacturers recorded their third-highest monthly order value on record, last seen in September 2018, making up nearly 5% of the total manufacturing technology order value for July 2023. Manufacturers of motor vehicle transmissions continued to order machinery at an elevated pace. However, the aerospace industry continued to order below its early 2022 peaks, with hopes that recent projects like the federal government's $1.5 billion investment in communications satellites might reverse this trend.
Source: https://www.sme.org/technologies/articles/2023/september/u.s.-manufacturing-technology-orders-dip-in-july-but-show-resilience-amid-economic-uncertainty
Stock Market Analysis and Commentary for WE September 15 2023.pptxpaul young cpa, cga
Blog – Analysis and Commentary – Stock Market – WE September 15 2023
Summary:
Stocks fell Friday as investors wrap up a volatile week ahead of the Federal Reserve's policy meeting.
The Dow Jones Industrials tumbled 288.87 points to close out Friday and the week at 34,618.24. At its lows, it completely wiped out Thursday's 332-point rally.
The S&P 500 index sank 54.78 points, or 1.2%, to 4,450.32.
The NASDAQ index plunged 217.72 points, or 1.6%, to 13,708.33.
The Dow held onto a winning week. The S&P 500 and NASDAQ both closed out the week with losses.
Information technology was the worst-performing sector in the S&P 500, down nearly 2%. Adobe shares fell more than 4% even after the software firm posted better-than-expected quarterly results. Shares of Arm Holdings were lower one day after its successful public debut.
Auto stocks General Motors and Stellantis N.V. were higher Friday, while Ford Motor was about flat. Thousands of members of the United Auto Workers went on strike after failing to reach a deal with the automakers Thursday night.
Elsewhere, Lennar shares slid 3%. The home construction firm posted third-quarter results that beat on the top and bottom lines.
On the economic front, the University of Michigan's consumer sentiment survey showed one-year inflation expectations dropped to 3.1% in
September, tied for the lowest since January 2021. Also, the five-year outlook fell to 2.7%, matching its lowest since December 2020.
Electricity Analysis - Canada and the OECD - June 2023.pptxpaul young cpa, cga
Summary:
Over three-quarters of the world’s total coal-generated electricity is consumed in just three countries. China is the top user of coal, making up 53.3% of global coal demand, followed by India at 13.6%, and the U.S. at 8.9%.
Burning coal—for electricity, as well as metallurgy and cement production—is the world’s single largest source of CO2 emissions. Nevertheless, its use in electricity generation has actually grown 91.2% since 1997, the year when the first global climate agreement was signed in Kyoto, Japan.
However, even as non-renewables enjoy their time in the sun, their days could be numbered.
In 2022, renewables, such as wind, solar, and geothermal, represented 14.4% of total electricity generation with an extraordinary annual growth rate of 14.7%, driven by big gains in solar and wind. Non-renewables, by contrast, only managed an anemic 0.4%.
The authors of the Statistical Review do not include hydroelectric in their renewable calculations, even though many others, including the International Energy Agency, consider it a “well-established renewable power technology.”
With hydroelectric moved into the renewable column, together they accounted for over 29.3% of all electricity generated in 2022, with an annual growth rate of 7.4%.
Source - https://energynow.ca/2023/09/infographic-what-electricity-sources-power-the-world-see-them-here-visual-capitalist/
Stock Market Analysis and Commentary for WE September 9 2023.pptxpaul young cpa, cga
What did the markets tell us this week?
1. Housing supply and costs continue to plague countries around the world.
2. Gasoline prices are on the rise that puts pressure on central banks ability to hit their core inflation targets.
3. ESG adoption by both the private and public sector is leading to both funding concerns and the overall cost of implementing ESG policies.
4. Adopting technology as part of increasing food production is facing both capital and operational funding concerns.
5. Strike at LNG facility in Australia is leading to concerns around a supply chain disruption of natural gas for EMEA and Asia.
6. The threat of China dumping batteries into markets - https://www.ft.com/content/b6038e51-7b5b-4f97-a5da-9202e71562fc
7. Adoption of generative AI has been facing many challenges related to security, privacy, and ethical issues.
8. Lack of biodiversity planning as part of the overall climate mitigation including sustainable mining, forestry, oil, gas, agriculture, and housing
9. Geopolitical issues continue to impact supply chain.
10. The concerns of recession continue to plague both the private and public sector.
11. Productivity issues continue to plague governments around the world.
Global (Mining Oil and Gas Forestry and Agriculture) Analysis and Commentary ...paul young cpa, cga
The mining, oil, gas, agriculture, forestry, and mining continue to face environmental, social, and governance policy review including reporting of key metrics as part of ESG reporting cycle.
There is more focus on profitability and investment returns as part of the integrated planning and reporting cycle.
Summary:
The global economy faces what at least one forecaster is calling a mild trade recession as shipments from China slump and German factories downshift.
China’s export declines extended into August, though there were signs that the worst of a world trade slowdown may be over for the leading exporter.
Overseas shipments from China fell 8.8% in dollar terms from a year earlier while imports contracted 7.3%, both better than economists’ estimates and significantly less severe than July’s downturn.
Other data have suggested trade may be stabilizing after weakening for most of this year. Exports from South Korea also declined at a more moderate pace in August than the previous month.
Source: https://www.bloomberg.com/news/newsletters/2023-09-07/supply-chain-latest-world-trade-faces-a-shallow-recession?srnd=economics-v2
Additional sources and links:
Lithium - https://source.benchmarkminerals.com/article/falling-lithium-prices-challenge-potential-cost-advantages-of-sodium-batteries
Oil Production - https://www.cnn.com/2023/09/06/business/oil-price-goldman-sachs/index.html
Natural gas - https://www.fxstreet.com/news/natural-gas-holds-up-as-markets-in-limbo-over-strikes-202309070956
Lumber - https://www.fastmarkets.com/insights/sawmill-capacity-closures-reshape-us-lumber-supply
Critical metals - https://www.wasterecyclingmag.ca/feature/how-recycling-could-solve-the-shortage-of-minerals-essential-to-clean-energy/
Agriculture - https://www.morningagclips.com/economists-forecast-positive-end-of-year-crop-outlook-despite-warmer-midwestern-climate/
ESG - https://www.skadden.com/insights/publications/2023/09/the-informed-board/the-eus-new-esg-disclosure-rules
Ports - https://www.marketscreener.com/quote/stock/HAPAG-LLOYD-AG-24857717/news/Hapag-Lloyd-chief-warns-of-rougher-seas-ahead-for-container-shipping-44789017/
Top destination for reshoring - https://www.thenationalnews.com/business/economy/2023/08/29/uae-in-top-10-most-powerful-passports-for-investment-opportunity/
Global Trade - https://phys.org/news/2023-09-opinion-broke-global-climate-finish.html
What is next for the Forestry Sector and Lumber Production - September 2023.pptxpaul young cpa, cga
Lumber production in Canada continues to face many hurdles
Canada forest management practices are some of the bests in the world
Canada planted over 440M in seedlings back in 2018. It is now 2022 which means close 2M seedlings have been planted.
All levels need to put more focus on urban and rural planning solutions
More work including spending on wildfire and forest fire mitigation
Canada and USA need to find a path forward to resolve the softwood lumber dispute
There needs to a better balanced between climate change policies and growing the economy in a sustainable way
3D printing for housing needs to become mainstream
More protection needs to happen with key ecosystems like wetlands, forest, and peatlands.
There is a risk of debt default if interest rates are hike over the next few months
Learn SQL from basic queries to Advance queriesmanishkhaire30
Dive into the world of data analysis with our comprehensive guide on mastering SQL! This presentation offers a practical approach to learning SQL, focusing on real-world applications and hands-on practice. Whether you're a beginner or looking to sharpen your skills, this guide provides the tools you need to extract, analyze, and interpret data effectively.
Key Highlights:
Foundations of SQL: Understand the basics of SQL, including data retrieval, filtering, and aggregation.
Advanced Queries: Learn to craft complex queries to uncover deep insights from your data.
Data Trends and Patterns: Discover how to identify and interpret trends and patterns in your datasets.
Practical Examples: Follow step-by-step examples to apply SQL techniques in real-world scenarios.
Actionable Insights: Gain the skills to derive actionable insights that drive informed decision-making.
Join us on this journey to enhance your data analysis capabilities and unlock the full potential of SQL. Perfect for data enthusiasts, analysts, and anyone eager to harness the power of data!
#DataAnalysis #SQL #LearningSQL #DataInsights #DataScience #Analytics
06-04-2024 - NYC Tech Week - Discussion on Vector Databases, Unstructured Data and AI
Discussion on Vector Databases, Unstructured Data and AI
https://www.meetup.com/unstructured-data-meetup-new-york/
This meetup is for people working in unstructured data. Speakers will come present about related topics such as vector databases, LLMs, and managing data at scale. The intended audience of this group includes roles like machine learning engineers, data scientists, data engineers, software engineers, and PMs.This meetup was formerly Milvus Meetup, and is sponsored by Zilliz maintainers of Milvus.
Levelwise PageRank with Loop-Based Dead End Handling Strategy : SHORT REPORT ...Subhajit Sahu
Abstract — Levelwise PageRank is an alternative method of PageRank computation which decomposes the input graph into a directed acyclic block-graph of strongly connected components, and processes them in topological order, one level at a time. This enables calculation for ranks in a distributed fashion without per-iteration communication, unlike the standard method where all vertices are processed in each iteration. It however comes with a precondition of the absence of dead ends in the input graph. Here, the native non-distributed performance of Levelwise PageRank was compared against Monolithic PageRank on a CPU as well as a GPU. To ensure a fair comparison, Monolithic PageRank was also performed on a graph where vertices were split by components. Results indicate that Levelwise PageRank is about as fast as Monolithic PageRank on the CPU, but quite a bit slower on the GPU. Slowdown on the GPU is likely caused by a large submission of small workloads, and expected to be non-issue when the computation is performed on massive graphs.
Unleashing the Power of Data_ Choosing a Trusted Analytics Platform.pdfEnterprise Wired
In this guide, we'll explore the key considerations and features to look for when choosing a Trusted analytics platform that meets your organization's needs and delivers actionable intelligence you can trust.
Analysis insight about a Flyball dog competition team's performanceroli9797
Insight of my analysis about a Flyball dog competition team's last year performance. Find more: https://github.com/rolandnagy-ds/flyball_race_analysis/tree/main
Techniques to optimize the pagerank algorithm usually fall in two categories. One is to try reducing the work per iteration, and the other is to try reducing the number of iterations. These goals are often at odds with one another. Skipping computation on vertices which have already converged has the potential to save iteration time. Skipping in-identical vertices, with the same in-links, helps reduce duplicate computations and thus could help reduce iteration time. Road networks often have chains which can be short-circuited before pagerank computation to improve performance. Final ranks of chain nodes can be easily calculated. This could reduce both the iteration time, and the number of iterations. If a graph has no dangling nodes, pagerank of each strongly connected component can be computed in topological order. This could help reduce the iteration time, no. of iterations, and also enable multi-iteration concurrency in pagerank computation. The combination of all of the above methods is the STICD algorithm. [sticd] For dynamic graphs, unchanged components whose ranks are unaffected can be skipped altogether.
Introductory to ESG and Sustainability Reporting.pptx
1. Introductory to ESG and
Sustainability Reporting
Pre-Sales Consultant
Paul Young CPA CGA
April 23, 2023
2. 2
Agenda
• Housekeeping
• Introduction
• What do you know?
• What is Sustainability Reporting?
• What is ESG Reporting
• ESG vs Sustainability Reporting
• Reporting Standards (IFRS and FASB)
• What are SASB Standards?
• Sample – Financial Statement (Scope 1, 2, and 3)
• What are the initial steps for Sustainability and ESG Reporting
• Scope 1 (Definition) and Data Flow
• Scope 2 (Definition and Data Flow
• Scope 3 (Definition) and Data Flow
• Top Software Vendors (ESG Compliance)
• Key focus areas
• Additional links
• What is next
3. Paul Young - Bio
• CPA, CGA (1996)
• Academia (PF1, FA4, FN2, MU1. and
MS2)
• SME – Customer Success Management
• SME – Risk Management
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – Emerging Technology
• SME – Business Process Change
• SME – Financial Solutions
• SME – Macro/Micro Indicators
• SME – Supply Chain Management
• SME – Data, AI, Security, and Platform
• SME – Internal Controls and Auditing
Contact information email: paul.young@actionkpi.com
LinkedIn: https://www.linkedin.com/in/paul-young-055632b/
4. The goals of this presentation
• Understanding was involved with Scope 1, Scope 2, and Scope 3 Reporting
• How to manage, stored, secured and ingest data for ESG and Sustainability Reporting?
• Options on how to integrate the budgeting and forecasting cycle with the regulatory filing cycles
• How to develop ESG and Sustainability Policies including key metrics as part achieving net zero
Add a footer 4
5. What do you know about the following areas?
Add a footer 5
– Retailing
– Transportation, Warehousing, and Logistics
– Utilities
– Construction
– Manufacturing
– Mining
– Other
What is your industry or What
sector are your clients?
– Net Zero
– Circularity / Business Processes
6. Reporting
Add a footer 6
As of 2020, 93% of S&P 500
companies issued a non-financial
report using one or more ESG
framework or standard. But whether
you are moving to ESG reporting
voluntarily or due to legal
requirements, you’ll face a complex
landscape of ESG standards and
sustainability frameworks. There are
more than 2,200 ESG reporting
provisions that can affect how
organizations disclose non-financial
matters. This can make it difficult to
determine which ESG standards and
frameworks are right for your
organization. To make it easier, this
guide will walk you through all you
need to know about the most common
ESG reporting standards and
frameworks and how to get started.
Key areas of concerns by Small to
Medium-size enterprises
–lack of knowledge
–limited time,
–lack of funds
–conflicting priorities
– Target date January 2024 (EMEA)
7. Integrated Reporting
Add a footer 7
– Stakeholders
– Government (Regulatory)
– SEC (Pensions, Stocks, Bonds
– Private Investors
– Internal stakeholders (Lines of Business)
• Reporting Cycle
• Regulatory filings
• Budgeting and Forecasting Cycle
• Integration between reporting cycle and
the budgeting & forecasting Cycle
8. Data Quality
Add a footer 8
– Data Management
– Data Governance
– Data Ingestion
15. ESG and Sustainability Reporting Standards
Add a footer 15
Country Standards Target Date
IFRS The ISSB also voted to include a
reference to the GRI standards
and the European Sustainability
Reporting Standards (ESRS) as
sources of guidance for
companies to be allowed to
consider in the application of the
IFRS’ general sustainability
reporting standard (“S1”), in the
absence of a specific ISSB
standard.
January 2024
FASB Continues to be evolving No Official target date. However,
IFRS changes will impact US via
their EMEA subsidiaries
17. Sample of F/S
Add a footer 17
Source - https://www2.deloitte.com/uk/en/focus/climate-
change/zero-in-on-scope-1-2-and-3-emissions.html
18. Focus Areas
• Annual, monthly, and forecasting cycles for Sustainability
Targets
• Scope 1, Scope 2, and Scope 3 will require plans
• Data and AI can play a key role – Introduction to
Sustainability
Add a footer 18
– Regulatory compliance
– Pulling the data for Sustainability reporting
– Structure, semi-structure, and structure
data
19. Introduction to Scope 1,
Scope 2, and Scope 3
• Familiarization with Scope 1, Scope 2, and
Scope 3
• Develop a project plan for Sustainability and
ESG reporting
• Identified data sources
• Establishing of net zero policies and
framework
• Breakdown the process into the following areas
• Budgeting and forecasting cycle (Annually,
Quarterly, and Monthly)
• Regulatory compliance
• Investor presentation
• Internal and external monthly reporting
• Integration of budgeting and forecasting with
the close, consolidate, and reporting cycle
Add a footer 19
21. Scope 2
Add a footer 21
– Key focus areas is source of raw materials and energy as part of the
production, selling, distribution, and the end consumer
25. Overall Challenges
• Aligning all aspects of your operations as part of getting to net zero (Procurement, Distribution,
Transportation, Property Management, Manufacturing, Extraction, refinement, etc. )
• Establishing stringent data governance rules
• Data capturing will depend on your sector and operational model
• You will need to look at different tools to capture, stored, secured, and ingest data as part of your ESG
and sustainability reporting requirements
• Working with procurement including vendors on how to capture the data from the invoice into different
systems (ERP, Accounting, Databases, etc)
• Working with your vendors on breaking information out related to sustainability reporting
• Establishing key programs around water, waste, emissions, electricity usage, etc.
• Establishing targets and measuring those targets (Data Management, Data Privacy, Data Security, and
Data ingestion)
• Metric Reporting / Performance Measurements
• Establishing the right tools that can extract, translate, and load (ETL) data into database that can be
ingested by a business analytical tool
Add a footer 25
26. Top Software Vendors (ESG Reporting and Compliance)
Add a footer 26
1. Benchmark Digital
Partners
2. Diligent
3. Ecometrica
4. FigBytes
5. IBM.
6. IFS
7. Metrio.
8. Microsoft
9. OneTrust
10. Persefoni
11. SAP
12. Salesforce
13. Sinai Technologies
14. Sphera
15. Sweep
16. UL Solutions
17. Watershed Technology
18. Wolters Kluwer Enablon
– Templates and Data capturing are key
to any solution
– Forecasting and planning cycle plays
an important role with managing the
integrating business planning and
reporting cycle.
– Data strategy and management needs
to capture data for each control
objectives related to ESG reporting
– Reporting format needs to support
XBRL, PowerPoint, and Microsoft Word
– Solutions need to embrace the power
of Data and AI
27. Key areas of focus
• Monitoring and asset management - https://www.ibm.com/products/maximo/asset-
management?utm_content=SRCWW&p1=Search&p4=43700050290494029&p5=e&gclid=CjwK
CAiArY2fBhB9EiwAWqHK6mRY8Tm8wY9zFY2pJuCbYEaXrXCAay-
pX08Cr2CiV4HglZs2gC32MRoCpSIQAvD_BwE&gclsrc=aw.ds
• Net zero – https://netzeroclimate.org/what-is-net-zero/
• Close, consolidate, and reporting cycle – https://www.slideshare.net/paulyoungcga/close-
consolidate-and-reporting-cyclepptx-256864692
• Circularity - https://hbr.org/2021/07/the-circular-business-model
• Compliance and reporting cycle - https://hbr.org/2012/06/managing-risks-a-new-framework
• Budget and forecasting scope 1, scope 2, and scope 3 -
https://www.ibm.com/products/planning-analytics/sustainability-planning
• Data strategy and data management - https://www.linkedin.com/posts/paul-young-
055632b_unlock-the-full-value-of-your-data-activity-7023960172133838848-
6AyT?utm_source=share&utm_medium=member_desktop
Add a footer 27
28. What is next?
• Developing a data strategy that will capture data related to scope 1, scope 2, and scope 3
• Development of forecasting models as part of achieving net zero
• Canada is doing catchup - https://www.corporateknights.com/category-finance/canada-falling-behind-
other-countries-on-esg-investing-rules-report/
• Standardization of Rules and Regulations for ESG and Sustainability Reporting-
https://www.ifrs.org/projects/completed-projects/2021/sustainability-reporting/ or
https://www.sasb.org/ or https://www.fasb.org/
• Tracking sustainability and ESG outcomes on regular basis as part of getting to net zero
• Integrated financial planning with the close, consolidate, and reporting cycle -
https://ibm.box.com/s/a663mwfo08hp9oo06onaps5tcy9enyl7
• Looking at the best way to address net zero as part of managing both costs and capital.
• https://www.youtube.com/watch?v=DouWzaom_jo (Capital Planning)
• https://www.youtube.com/watch?v=yiD2YmL8sKs&t=189s (Supply Chain)
Add a footer 28
ESG/Sustainability
Net Zero (Complete picture – Waste, Water, energy, emissions, etc. Net Zero focus has been on emissions.
Circularity – Recycling, water management, energy consumption (Establishing the right policies)
Sector
1. Each sector has its own challenges when facing with ESG and Sustainability reporting
Source - https://www.onetrust.com/blog/esg-reporting/ and https://www.bsr.org/en/blog/financing-the-net-zero-transition-four-ways-to-accelerate-sme-supplier-and-customer-action
Source - https://www.sasb.org/ and https://www.linkedin.com/company/sasb-sustainability-accounting-standards-board/?originalSubdomain=uk
https://www.circularise.com/blogs/scope-1-2-3-emissions-explained and https://www2.deloitte.com/uk/en/focus/climate-change/zero-in-on-scope-1-2-and-3-emissions.html
https://www.circularise.com/blogs/scope-1-2-3-emissions-explained and https://www2.deloitte.com/uk/en/focus/climate-change/zero-in-on-scope-1-2-and-3-emissions.html
This will require work around the supply chain management area - https://ibm.box.com/s/x8mm2awh5va5dbpybm0qf6sfjevuk212 and the cost to serve model - https://ibm.box.com/s/ovb6cdxxaeqwwygtg9gw2n13h4krsxd4
Planning Analytics is a driver base solution that can help with developing models for Scope 2
Compliance software can be used as part of compliance area
https://www.circularise.com/blogs/scope-1-2-3-emissions-explained and https://www2.deloitte.com/uk/en/focus/climate-change/zero-in-on-scope-1-2-and-3-emissions.html
https://www.circularise.com/blogs/scope-1-2-3-emissions-explained and https://www2.deloitte.com/uk/en/focus/climate-change/zero-in-on-scope-1-2-and-3-emissions.html
https://www.circularise.com/blogs/scope-1-2-3-emissions-explained and https://www2.deloitte.com/uk/en/focus/climate-change/zero-in-on-scope-1-2-and-3-emissions.html
This will require work around the supply chain management area - https://ibm.box.com/s/x8mm2awh5va5dbpybm0qf6sfjevuk212 and the cost to serve model - https://ibm.box.com/s/ovb6cdxxaeqwwygtg9gw2n13h4krsxd4
Planning Analytics is a driver base solution that can help with developing models for Scope 3
Compliance software allows you mapped based on the regulations by sector