Trends - ESG - Business Recorder

ESG

ECB, IMF call on climate standard setters to align company disclosures

LONDON: A global standard setter for company climate disclosures should align with European and US alternatives for...

Published 09 Aug, 2022 03:37am

Pakistan

ESG gaining greater significance globally, says SECP commissioner

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) Commissioner, Sadia Khan said on Friday that ...

Published 06 Aug, 2022 04:02am

Business & Finance

DWS boss steps down

FRANKFURT: The chief executive of DWS stepped down, the German asset manager said Wednesday, after the financial...

Published 06 Jun, 2022 05:57am

Business & Finance

Philip Morris introduces new strategies

KARACHI: Philip Morris International Inc. (PMI) released its third annual Integrated Report (“the Report”) which...

Published 25 May, 2022 04:40am

Opinion

Musk’s ESG attack spotlights $35trn industry confusion

Elon Musk’s rejection of environmental, social and corporate governance (ESG) scores as a “scam” highlights ...

Published 21 May, 2022 04:34am

Opinion

How the world has changed—II

The above (carried in the first part of this two-part article) appears to paint a rather bleak picture of the future...

Published 31 Mar, 2022 05:11am

Pakistan

PBC, IFC host webinar

ISLAMABAD: There is growing acceptance by business to adopt responsible environment, social and governance (ESG)...

Published 11 Feb, 2022 04:31am

Pakistan

Pakistan plans to raise another $1bn from ESG Eurobonds: report

Finance minister Shaukat Tarin says fund will be utilised for projects such as developing clean water and cleaning up the rural landscape

Published 03 Feb, 2022 06:26pm

Markets

Fitch rates Saudi Arabia's PIF 'A', in line with sovereign

DUBAI: Fitch Ratings on Wednesday assigned Saudi Arabia's Public Investment Fund (PIF) an 'A' credit rating in line...

Published 02 Feb, 2022 08:01pm

Proposed USD Sukuk certificates: Fitch, Moody’s assign ‘B-’, ‘B3’ ratings, respectively

ISLAMABAD: Fitch Ratings has assigned Pakistan’s proposed US-dollar sovereign global Sukuk certificates, to be...

Updated 19 Jan, 2022 09:31am

Opinion

How 2021 became the year of ESG investing

Investors concerned about climate change and social justice had a bumper year in 2021, successfully pushing ...

Published 24 Dec, 2021 05:43am

Pakistan

FFC attends seminar titled ‘ESG integration into investing’

RAWALPINDI: Fauji Fertilizer Company (FFC) was invited by Dr Shamshad Akhtar, Chairperson ESG Task Force to attend...

Published 17 Dec, 2021 04:30am

World

Transparency of ESG investment ratings faces scrutiny

LONDON: Market regulators set out a global framework on Tuesday to police environment, social and governance (ESG)...

Published 24 Nov, 2021 05:18am

Markets

Brazil's Ambipar Environmental calls off IPO

SAO PAULO: Brazilian waste management company Ambipar Environmental ESG Participacoes SA said late on Thursday it...

Published 11 Oct, 2021 04:32am

World

BIS warns of potential green investments bubble

ZURICH: The Bank for International Settlements, considered the central bank of central banks, warned Monday of a...

Published 21 Sep, 2021 04:10am

India has fewer ESG funds than other top 10 economies

NEW YORK: India has fewer funds focused on environmental, social and governance (ESG) issues than other top 10...

Published 27 Aug, 2021 04:46am

Pakistan

SCBA provides sustainable-trade financing facility to Gul Ahmed Textile Mills

KARACHI: Standard Chartered Bank (Pakistan) Limited in continuation of its global initiative for supporting...

Published 17 Aug, 2021 04:42am

Business & Finance

Asia’s ESG bond issuances hit record $69bn this year

HONG KONG: Asia-Pacific borrowers more than doubled issuance of bonds tied to environmental, social and governance...

Published 21 Jun, 2021 03:43am

Opinion

New blood at Wall Street’s old guard rattles Corporate America

A new generation of executives at the world’s biggest asset managers is helping drive an uprising against ...

Published 04 Jun, 2021 05:06am

World

Yellen calls for standardized measurements on green investments

Environmental, social and governance (ESG) fund assets have grown from $10 billion in 2015 to $246 billion in March 2021, she said.

Published 03 Jun, 2021 05:03pm

Business & Finance

Morgan Stanley aims to support $750bn in low-carbon investments by 2030

As part of the commitment, the bank said it would escalate activities such as green-bond financing and financing companies that support clean technology and renewable energy.
As investor interest surges in environmental, social and governance (ESG) issues, a fleet of companies have taken steps to improve their performance on this front.

Published 13 Apr, 2021 08:29pm

World

Norway wealth fund should invest in fewer companies, government says

To cut number of firms in reference index by up to 30%.
Says easier to follow up companies with fewer companies in.
To exclude new emerging markets for now, including Saudi.

Published 09 Apr, 2021 06:43pm

Business & Finance

JPMorgan forms new team in commercial banking unit as part of green push

As part of the move, JPMorgan's commercial banking division named Brian Lehman as the head of the 'Green Economy' team, the bank said in a statement.
Lehman, who was most recently the head of diversified financials team within the commercial bank's financial institutions group, has more than 20 years of experience in sustainable finance.

Published 08 Apr, 2021 09:02pm

Business & Finance

BAT becomes 3rd highest ESG-rated FTSE-100 company

ISLAMABAD: British American Tobacco (BAT) has been named as the third highest ESG-rated FTSE-100 company by...

Published 20 Mar, 2021 04:39am

Opinion

Sheen comes off green in crowded climate investment space

The booming market in green finance faces a test this year as more investors balk at lofty share price tags even on...

Published 18 Mar, 2021 03:56am

Business & Finance

Facing pressure, ExxonMobil names 2 new board members

NEW YORK: Facing pressure from mainstream investors as well as environmentalists, ExxonMobil on Monday named two new...

Updated 02 Mar, 2021 09:44am

Pakistan

Over 70pc of population exposed to unsafe drinking water: Moody’s

ISLAMABAD: More than 70 percent of the population in Pakistan is exposed to unsafe drinking water, says Moody’s...

Published 20 Jan, 2021 04:29am

Gainers
Losers
Leaders

Stock	Price
Aisha Steel(ConPS) / Sep 28 Aisha Steel(ConPS)(ASLPS)	12.23 ▲ 0.99 (8.81%)
Imperial Limited / Sep 28 Imperial Limited(IML)	13.95 ▲ 1.00 (7.72%)
Dawood Lawrencepur / Sep 28 Dawood Lawrencepur Limited(DLL)	196.68 ▲ 13.72 (7.50%)
Shahtaj Textile / Sep 28 Shahtaj Textile Limited(STJT)	98.93 ▲ 6.90 (7.50%)
AGP Limited / Sep 28 AGP Limited(AGP)	82.77 ▲ 5.77 (7.49%)
Image Pakistan / Sep 28 Image Pakistan Limited(IMAGE)	14.65 ▲ 1.02 (7.48%)
Jubilee Gen. Ins. / Sep 28 Jubilee General Insurance Limited(JGICL)	31.70 ▲ 2.20 (7.46%)
Century Ins. / Sep 28 Century Insurance Company Limited(CENI)	17.47 ▲ 1.21 (7.44%)
Nagina Cot. / Sep 28 Nagina Cotton Mills Limited(NAGC)	77.20 ▲ 5.21 (7.24%)
HBL Growth Fund / Sep 28 HBL Growth Fund(HGFA)	5.89 ▲ 0.38 (6.90%)

Stock	Price
First Prudential Mod. / Sep 28 First Prudential Modaraba(PMI)	1.81 ▲ -0.16 (-8.12%)
Ideal Sp. / Sep 28 Ideal Spinning Mills Limited(IDSM)	31.46 ▲ -2.55 (-7.50%)
Premium Textile / Sep 28 Premium Textile Mills Limited(PRET)	826.95 ▲ -67.05 (-7.50%)
Service Textile / Sep 28 Service Industries Textiles Limited(SERT)	8.51 ▲ -0.69 (-7.50%)
Sapphire Fibres / Sep 28 Sapphire Fibres Limited(SFL)	1165.97 ▲ -94.53 (-7.50%)
Shakarganj / Sep 28 Shakarganj Limited(SML)	41.63 ▲ -3.37 (-7.49%)
The Thal Ind.Corp. / Sep 28 The Thal Industries Corporation Limited(TICL)	255 ▲ -20.66 (-7.49%)
Bawany Air Products / Sep 28 Bawany Air Products Limited(BAPL)	11.40 ▲ -0.92 (-7.47%)
IbrahimFibres / Sep 28 Ibrahim Fibres Limited(IBFL)	205.60 ▲ -16.60 (-7.47%)
MetaTech. / Sep 28 MetaTech Health Limited(META)	17.60 ▲ -1.42 (-7.47%)

Stock	Volume
TPL Properties / Sep 28 TPL Properties Limited(TPLP)	29,054,538 ▼ 0.00
Cnergyico PK / Sep 28 Cnergyico PK Limited(CNERGY)	17,770,689 ▼ 0.00
Ghani Glo Hol / Sep 28 Ghani Global Holdings Limited(GGL)	9,674,842 ▼ 0.00
K-Electric Ltd. / Sep 28 K-Electric Limited(KEL)	9,668,500 ▼ 0.00
Pak Refinery / Sep 28 Pakistan Refinery Limited(PRL)	9,251,227 ▼ 0.00
TRG Pak Ltd / Sep 28 TRG Pakistan Limited(TRG)	8,653,969 ▼ 0.00
Sui North Gas / Sep 28 Sui Northern Gas Pipelines Limited(SNGP)	7,247,949 ▼ 0.00
G3 Technologies / Sep 28 G3 Technologies Limited(GTECH)	6,281,500 ▼ 0.00
Fauji Foods Ltd / Sep 28 Fauji Foods Limited(FFL)	5,322,927 ▼ 0.00
WorldCall Telecom / Sep 28 Worldcall Telecom Limited(WTL)	5,215,000 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Sep 28	232.75
USD PKR Interbank Buying / Sep 28	231.75
USD to Japanese Yen / Sep 28	144.30
USD to Swiss Franc / Sep 28	0.98
Pound Sterling to USD / Sep 28	1.08
Euro to USD / Sep 28	0.97
UK LIBOR % / Sep 27	3.06

Stock	Volume
S&P 500 / Sep 28	3699.56
India Sensex / Sep 28	56598.28
Tokyo Nikkei / Sep 28	26173.98
Nasdaq / Sep 28	10958.38
Hang Seng / Sep 28	17250.88
FTSE 100 / Sep 28	7005.39
Dow Jones / Sep 28	29577.28
Germany DAX 30 / Sep 28	12183.28
France CAC40 / Sep 28	5765.01

Item	Value
Karachi Cotton PKR/37.32 KG / Sep 27	22235
Crude Oil USD/Barrel / Sep 28	81.43
Gold 10 Grams PKR / Sep 28	123200
Gold Spot USD/Ounce / Sep 28	1657.82
Cotton US¢/pound / Sep 28	88.32

ESG

Most Popular Articles