Staying within 1.5°C remains a key business goal according to data released recently by CDP which shows the number of companies disclosing that they have 1.5°C-aligned climate transition plans has jumped nearly 50% in a year. The 44% increase means that over 5,906 companies (1 in 4) reported having climate transition plans in place last year through CDP, which runs the world’s only independent environmental disclosure system. A further 36% (8,200) disclosed that they expected to create one by 2025. The data suggests that progress on transition planning is no…
Search Results for: business
Scottish firms less likely to report skills shortages compared with UK, but businesses lack confidence in AI and green technologies
New data from this year’s Business Barometer report published by The Open University in partnership with the British Chambers of Commerce, has found that over half (56%) of Scottish organisations are still reporting worrying skills shortages. The annual report, monitoring the current UK skills landscape, highlighted more than half of Scottish businesses (56%) are reporting skills shortages. This is lower than the UK average of 62%, but a modest improvement on 2023 UK results, when almost three quarters (73%) reported skills shortages. However, despite this, less than one in four (23%)…
Trust in politicians, business and media to act ethically is lowest in four years: ethics charity writes to major parties
The British public’s trust in politicians, businesses and media to behave ethically is at its lowest level in four years, according to a long-standing annual survey from the Institute of Business Ethics (IBE). Just 14% of 2067 UK adults polled trust that politicians behave ethically in 2024, only one-third would say the same for businesses (35%) and only a fifth of the public believes media behaves ethically (21%). The Attitudes of the British Public to Business Ethics 2024 survey, now in its 21st year, also highlights the ethical business issues…
Business Debtline launches new programme to tackle finance skills gap
Business Debtline has launched a new programme, supported by Aviva, to tackle the financial skills and confidence gap faced by many small business owners. The charity’s Building Up Business programme, which draws on Business Debtline’s expertise as the UK’s Centre of Excellence for business debt, aims to build the financial resilience of small business owners across the UK. Findings from the charity highlight the challenges small business owners who contact the service face. Half (51 percent) of Business Debtline callers surveyed were not confident in constructing a business plan before…
RepRisk launches industry-first thematic Due Diligence Scores to streamline business conduct risk monitoring
RepRisk, a global technology company that provides transparency on business conduct and ESG risks, announced the newest addition to its suite of data solutions: Due Diligence Scores. Ushering in the next generation of ESG risk management, the scores assess specific risk factors such as biodiversity and human rights on a 0 (low risk) to 100 (high risk) scale, empowering a fast and focused assessment of a company’s risk profile. Recognizing that companies may have low exposure in some areas while facing higher exposure in others, disaggregated scores empower decision-makers to…