Positive Environmental EventsNIO launches their Blue Point Plan to encourage users to reduce carbon emissions.
Last week at NIO Day in Chengdu NIO unveiled ET7, their first smart electric flagship sedan with autonomous driving capability. While the new model of Tesla’s rival looks very impressive, our team got more excited about the other piece of news that NIO shared. In collaboration with the Shanghai Environment and Energy Exchange and China Classification Society Certification Company, NIO launched Blue Point Plan to award their users for reducing carbon emissions. According to the company’s page, NIO’s users have generated nearly 1.4 billion kilometers of low-carbon driving mileage since the launch of their first model in June 2018.
Policy NewsThe UK government urged to introduce mandatory climate votes.
The Investor Forum called on the British government to introduce “say on climate” votes. Experts say this could help the UK to prove their role as a global climate leader ahead of the country hosting the UN climate change conference.
Non-compliance of Labour ManagementBritish companies that fail to work with suppliers that are free of slave labour will be fined.
It is hard to believe that human rights abuses in China still make top news headlines. International businesses are battling this issue each in their own way. In the UK, for example, the law requires companies to publish annual modern slavery statements under the 2015 Modern Slavery Act. Those that do not meet their statutory obligations could face financial penalties.
Market TrendsESG themed exchange traded funds attracted capital inflows of €45.5 billion.
According to Lyxor, capital flows into European ETFs in 2020 were more than double of the previous year and December was a record month that attracted assets of €9.7 billion. We look forward to seeing the ESG investing numbers in 2021!
Technology for SustainabilityCES 2021 bringing Tech For Change to this year’s conference.
If you follow the global technology space, no matter where you are based, you have probably heard of CES that takes place in Las Vegas every year. It is not surprising that this January the conference was held virtually. We recommend checking their Tech For Change content and watching “Fixing The Planet At CES 2021” to see some of the coolest projects for sustainability.