Sustainability reporting and due diligence: simpler rules for fewer companies 

This article is brought to you in association with the European Parliament. The new draft rules would reduce the required amount of sustainability reporting and simplify due diligence requirements for companies. With 17 votes for, 6 against and 2 abstentions, the Legal Affairs Committee approved its position on a series of changes to sustainability reporting and […]

How can companies protect and restore forests in a global climate crisis?

This article is brought to you in association with the European Commission.This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Daniel Schneiders, Director Climate Program, Bayer Faced with a global crisis, we need action from the stakeholders adept at delivering products and solutions on a global scale. National governments are used to putting their country’s interests first, but […]

Commission fines pharma companies €13,4 million in antitrust cartel settlement

This article is brought to you in association with the European Commission. The European Commission has fined Alkaloids of Australia, Alkaloids Corporation, Boehringer, Linnea and Transo-Pharm a total of €13,4 million for participating in a cartel concerning an important pharmaceutical ingredient. C2 PHARMA was not fined as it revealed the cartel to the Commission under the […]

4 ways companies can align competing interests to scale up climate action

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Simon Glynn, Partner and Climate & Sustainability Co-lead, Oliver Wyman, Mike Peirce, Executive Director of Systems Change, The Climate Group The step change in corporate climate action in the past few years has been extraordinary. Yet we are […]

4 ways companies can make real progress on diversity, equity and inclusion

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Elisabeth Pipic, Specialist, Diversity, Equity, Inclusion and Social Justice, World Economic Forum, Silja Baller, Head of Mission, Diversity, Equity, Inclusion and Social Justice, World Economic Forum and adaptable than their peers.Despite some progress, gaps in economic opportunities and […]

What are ‘gazelle’ companies and why are they essential for growth?

This article is brought to you in association with the European Parliament.This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Ivan Savin, Professor of Quantitative Analytics, ESCP Business School (Madrid campus) , Research Fellow, Institute of Environmental Science and Technology (ICTA – UAB), Maria Novitskaya, CFO and HR Lead, Zeeves PTE. Ltd In an article entitled Les misérables, […]

New global sustainability reporting requirements are out. Here’s what companies need to know

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Sue Lloyd, Vice-Chair, International Sustainability Standards Board A set of standards released by the International Sustainability Standards Board (ISSB) will set worldwide sustainability reporting requirements for decades to come.The standards place more onus on companies to disclose how […]

How innovative companies are navigating the invisible water crisis

This article is brought to you in association with the European Economic and Social Committee.This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Sundararajan Mahalingam, President – Strategy, HCL Corporation The climate crisis is putting global water systems under intense pressure.By 2050, over 5 billion people will live in areas affected by water scarcity.Innovative companies are finding solutions, but more investment […]

State aid: Commission approves €6.5 billion German scheme to address carbon leakage risk for energy-intensive companies resulting from national fuel emission trading system

This article is brought to you in association with the European Commission. The European Commission has approved, under EU State aid rules, a €6.5 billion German scheme to partially compensate energy-intensive companies to address the risk of carbon leakage from higher fuel prices resulting from the German fuel emission trading system (‘German fuel ETS’). The German […]

How digital economy companies can accelerate Southeast Asia’s sustainable development

This article is brought to you in association with the European Parliament.This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Ming Tan, Founding Executive Director, Tech For Good Institute, Professor Lawrence Loh, Director, Centre for Governance and Sustainability, National University of Singapore, Sabrina Soon, Research Associate, Centre for Governance and Sustainability, National University of Singapore Digitalization continues to […]

How companies can get a grip on ‘business email compromise’

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Gil Friedrich, Vice President, Email Security, Check Point Software Technologies More use of SaaS applications means employee business accounts are being targeted for “business email compromise” (BEC).BEC has evolved from basic email phishing scams to more sophisticated iterations, […]

Finding work after fleeing war: companies aim to help refugees find jobs

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. The impact of accelerating refugee employment. By June 2023, the war in Ukraine had forced over 6 million people to flee their homeland and cross borders in search of safety. This war is the latest in an ever-increasing number […]

EU Energy Platform: Commission launches first call for companies to jointly buy gas

This article is brought to you in association with the European Commission.This article is brought to you in association with the European Commission. Today, the Commission is launching a first-of-a-kind process for European companies to register their gas purchase needs via the AggregateEU mechanism, to prepare for the joint purchasing of gas at EU level.This is a key milestone for the EU to prepare for next winter […]

Here’s how companies should navigate generative AI in the world of workHere’s how companies should navigate generative AI in the world of work

This article is published in association with United Nations.This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Ravin Jesuthasan, Senior Partner and Global Leader for Transformation Services, Mercer (MMC) Since the release of OpenAI’s GPT-3 large language model in November and subsequent release of GPT-4, there has been much angst about what these advances in generative […]

‘Tech for good’ had a very good year in 2022. Here are 6 companies that led the way

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Gabi Thesing, Senior Writer, Formative Content The cost of living crisis, runaway inflation, Russia’s invasion of Ukraine, weak economic growth, democracy under attack, increasing lack of trust in technology, climate emergency – 2022 could easily end up being remembered […]

Why flexible working is good for workers and companies

This article is brought to you in association with the European Parliament.This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Gabi Thesing, Senior Writer, Formative Content COVID-19 has accelerated changes in how we work and live. Many of those developments – such as fewer hours at our desks and more flexible working arrangements – not only benefit workers but […]

How companies can scale green businesses for a net zero world

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Rich Lesser, Global Chair, Boston Consulting Group (BCG) Companies and consumers are facing a number of significant challenges, including inflation, the energy crisis in Europe and food shortages. As CEOs navigate this volatile environment, they will need to simultaneously […]

Tech companies, the media and regulators must come together to prevent online harm

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Noam Schwartz, CEO & Co-Founder, ActiveFence Recent years have brought about an increase in how individuals, governments and the media view trust and safety. In fact, if Google Trends are any indicator, over the last 10 years, there has […]

Here’s how companies can truly improve employee happiness

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Charlotte Gaston-Breton, Professor of marketing, ESCP Business School, Jérémy Lemoine, Lecturer at the University of East London, visiting lecturer at ESCP Business School, Benjamin Voyer, Professor of entrepreneurship, ESCP Business School, Minas Kastanakis, Professor of marketing, ESCP Business […]

Here’s why companies need to bridge the skills gap to benefit both business and society

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Bob Moritz, Global Chairman, PwC The labour market has always been a friendlier place for highly-skilled workers, and in today’s slowing economy, this is even more the case. Companies are embracing growth strategies that drive them to compete […]

3 ways companies can reduce their indirect emissions throughout value chains

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Kyra Whitten, Vice President, Sustainability, Flex, President, Flex Foundation Delivering on the commitment to reach net zero by 2050 will require companies to reduce not only Scope 1 and 2 emissions, which relate to what they produce directly. […]

ESG – how can we measure how ‘good’ companies are?

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Robin Pomeroy, Podcast Editor, World Economic Forum ESG stands for ‘environmental, social and governance’ issues.Investors are increasingly putting money into companies that claim good ESG performance.But how do we measure that? An expert explains on this episode of […]

5 things companies and staff need to learn about hybrid work

This article is brought to you in association with the European Commission.This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Victoria Masterson, Senior Writer, Formative Content Hybrid working will be part of future work patterns, but some companies and employees are struggling to adapt, a new Microsoft report says.Half of business leaders say their company plans to return […]

These are the digital skills companies need to succeed in a changing economy

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Kayleigh Bateman, Senior Writer, Formative Content No job is exempt from digitalization, says the Industry Skills report from online learning platform Coursera.Companies with “cutting edge” skills proficiencies saw better returns on their stock in 2020 than those with […]

How fourth industrial revolution tech helped companies survive the COVID crisis

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Amogh Umbarkar, Vice-President, Digital Supply Chain, Industry 4.0, SAP, Nicola Serafin, Chief Operating & Technology Officer, De’ Longhi Spa & Francisco Betti, Head of Shaping the Future of Advanced Manufacturing & Value Chains; ExCom Memb, World Economic Forum […]

State aid: Commission approves €500 million Greek aid scheme to support uncovered fixed costs of companies affected by coronavirus outbreak

This article is brought to you in association with the European Commission. The European Commission has approved a Greek scheme to support the uncovered fixed costs of companies affected by the coronavirus outbreak. The scheme was approved under the State aid Temporary Framework and has an estimated budget of up to €500 million. Executive Vice-President Margrethe […]

Now is the time for companies to act on sustainability reporting

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Carmine Di Sibio, Global Chairman and Chief Executive Officer, EY & Punit Renjen, Global Chief Executive Officer, Deloitte & Bill Thomas, Chairman and Chief Executive Officer, KPMG International & Robert E. Moritz, Global Chairman, PwC Business leaders have […]

6 stages for fostering and harnessing imagination in companies

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Jack Fuller, Founder, Casati Health & Martin Reeves, Senior Partner, Boston Consulting Group and Chairman, BCG Henderson Institute, Boston Consulting Group Every company now needs to be able to reimagine itself repeatedly if it is to prosper in […]

6 stages for fostering and harnessing imagination in companies

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Martin Reeves, Senior Partner, Boston Consulting Group and Chairman, BCG Henderson Institute, Boston Consulting Group Every company now needs to be able to reimagine itself repeatedly if it is to prosper in the long run.While much has been […]

State aid: Commission approves a Polish scheme to compensate large companies for damages suffered due to coronavirus outbreak and provide liquidity support

This article is brought to you in association with the European Commission. The European Commission has approved, under EU State aid rules, a Polish scheme to partially compensate large companies for the damages suffered due to the coronavirus outbreak and the restrictive measures implemented by the Polish government, while providing them with direct liquidity support through […]

State aid: Commission approves €10 billion German scheme to compensate companies for damages suffered due to coronavirus outbreak

This article is brought to you in association with the European Commission. The European Commission has found a €10 billion German scheme to compensate companies for damages related to the coronavirus outbreak to be in line with EU State aid rules. Executive Vice-President Margrethe Vestager, in charge of competition policy, said: “This €10 billion scheme enables […]

Antitrust: Commission publishes findings of the evaluation of rules on horizontal agreements between companies

This article is brought to you in association with the European Commission. The European Commission has published today a Staff Working Document that summarises the findings of the evaluation of the two horizontal block exemption regulations on Research & Development and specialisation agreements (“R&D BER” and “Specialisation BER” respectively, together “HBERs”), together with the Horizontal Guidelines. […]

State aid: Commission approves €400 million Dutch loan scheme to support companies providing package travel and linked travel arrangements in context of coronavirus outbreak

This article is brought to you in association with the European Commission. The European Commission has approved a €400 million Dutch loan scheme to support companies providing package travel and linked travel arrangements in the context of the coronavirus outbreak (so called ”Voucherfonds”). The scheme was approved under the State aid Temporary Framework. Executive Vice-President Margrethe […]
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