By Dasha Afanasieva
Management consultants often urge their clients to view setbacks or difficulties as opportunities. The cost of reducing environmental impacts are often cited as one such “opportunity”.
BP's Macondo Gulf spill would be nothing compared to the effect of a drilling accident in the Arctic, Jessica Bachman reports from "the foulest place in all of Russia." Scientists and Russian officials are just starting to wake up to the fact that "if something happens on the Arctic Barents Sea in November it would be, 'OK, we'll come back for you in March,'" Jessica says.
More than a “nice to have,” investor sentiment is running heavily on the side of environment, social and governance (ESG) factors, according to the latest Thomson Reuters Perception Snapshot.
European industry is suffering under soaring energy costs. Profit warnings are becoming more common and industry leaders predict plant closures and job losses may follow.