11 Feb INVESTORS WANT MORE TRANSPARENCY AS ESG MARKET TOPS US$100 TRILLION; HOW NOT TO COMMUNICATE WITH YOUR EMPLOYEES
Welcome to this week’s business and media intelligence update. As we enter the halfway mark of reporting season, here are some of the insights collected over the past seven days by the Cannings team.
INVESTORS WANT MORE TRANSPARENCY AS ESG MARKET TOPS US$100 TRILLION
- More than US$100 trillion has been invested by global funds in ESG assets, according to new research from Core Data, with the figures showing more than half of global institutional investors are now fully integrating ESG into their investment approach. However, many investors expressed frustration with the lack of transparency in ESG investing, with 54 per cent of Asia-Pacific investors saying there was still no clear link between ESG and performance. Read more here.
HOW NOT TO COMMUNICATE WITH YOUR EMPLOYEES
- And now, from the How Not to Communicate with your Employees, comes news from the UK, where the Chairman of KPMG, Bill Michael, told staff on a call to “stop moaning” about lockdown and having to work from home, and to stop “playing the victim card”. Predictably, his comments did not land well. Mr Michael, who is an Australian, has stood aside while KPMG investigates. Read more in The AFR.
EVER HEARD OF A “SHADOW BOARD”?
- Companies often struggle with two, apparently unrelated, problems: disengaged younger workers and a weak response to changing market conditions. Some have managed to tackle both at the same time by creating a “shadow board” — a group of non-executive employees that work with senior executives on strategic initiatives. The purpose? To leverage the younger groups’ insights and diversify the perspectives that executives are exposed to. Read all about how shadow boards contribute to businesses here.
ELON MUSK AND THE CULT OF THE CEO
- Using Elon Musk (he of Tesla fame), as an example, The Economist examines the pros and cons of being a cult CEO. The conclusion? Be careful what you wish for. Read the column here.
HOW TO TURN THE CAT FILTER ON (AND OFF) IN ZOOM
- A Texas attorney made headlines when he showed up for a virtual court hearing using a filter that transformed his face into a cat, and now it seems the rest of the world wants to know how. If you’re going to play with filters, we recommend always checking before turning on your camera. Here are some on/off basics for the most popular filters.
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