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2:00PM Water Cooler 8/10/2021 | naked capitalism
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De Beers scored the highest in London-based Alva’s quarterly rating of environmental, social and governance perceptions this week gleaned from publicly available content from social media to NGO research. The unit of Anglo American Plc snagged the top spot in the first quarter from gold heavyweight Newmont Corp. due to an increased focus on equality and sustainability.
The report showed the mining industry as a whole lifted its ESG rating amid a string of greenhouse-gas pledges, which offset water management and waste concerns. Companies around the world, particularly raw-material producers, are stepping up sustainability efforts amid heightened scrutiny by the general public and investors. ESG and value-focused exchange-traded funds recorded net inflows of $89 billion in 2020, almost three times 2019 levels, according to Bloomberg Intelligence.
Boeing on another bumpy ride to regain trust
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By Alan Tovey
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Video of a jet engine in flames shot by terrified passengers 30,000 foot aloft, or images of aircraft debris being scattered far and wide on the ground are a public relations nightmare for any aerospace company.
The latest incident involving a Boeing plane puts fresh pressure on the beleaguered company.
Credit:AP
This time, Boeing was quick to announce it recommended grounding all 128 of the 777s with the type of engine that failed. It said it supported the decisions made by the Japanese and US air safety bodies to âsuspend operations of 777 aircraft powered by Pratt & Whitney 4000-112 engineâ, while Grant Shapps, the Transport Secretary, has said he is banning 777s with the affected engine from British skies.
Boeing faces another bumpy ride to regain trust
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