In this Veracity Insight, we consider the issues surrounding German payments processing firm Wirecard and the lessons it provides from an ESG perspective. Veracity Insight – Wirecard, ESG, and the Perils of Relying on Ratings and Self-Disclosure
In this Veracity Insight, we anticipate a new ESG environment emerging in response to the COVID-19 pandemic. The pandemic has not only accentuated and expanded the bounds of ESG, but also created a host of new risks. As ESG concerns become increasingly central to conducting business, it is imperative that we broaden our view and consider the entire matrix of challenges of operating in a post-COVID-19 world. Navigating ESG Concerns Amid and After COVID-19.
Australia director Benjamin Weiss recently delivered a webinar, “Beyond Compliance: COVID-19, ESG, and the Redefinition of Risk,” to the Association of Corporate Counsel.
Frank Anderson joined Veracity as a Senior Regional Advisor for the Middle East at the firm’s inception in 2007. He died in February 2020 following a battle with cancer. Frank served as an officer in the Central Intelligence Agency for 26 years, where he held several chief-of-station positions, headed the Afghan Task Force, and retired as chief of the Near East and South Asian Division. Frank then served as president of the Middle East Policy Council, where he worked with a wide range of officials in the Middle East. He was an important contributor to the development of Veracity. His obituary appeared in The New York Times on 19 February 2020.
Veracity CEO Steven Fox jointly moderated a panel of mining industry thought leaders titled “ESG: Earning and Protecting a License to Operate.” Panelists discussed the increasing public and regulatory scrutiny facing project stakeholders as they navigate the sophisticated landscape surrounding licenses to operate.
As part of TICAD 7, a major Japan-Africa conference, sponsored by the Japanese government, Veracity hosted one of the official side-bar panels, entitled “Succeeding in Africa: Lessons from the front-lines.” The panel included Veracity CEO Steven Fox, as well as Hirofumi Katase, Executive Vice Chairman, Director General of Industrial Science and Technology, I-Pulse Inc., and a former Vice Minister for the Japanese Ministry of Economy, Trade, and Industry (METI); Toshikazu Otani, Chief Executive for Africa, ITOCHU; Rebecca Major, Partner, Herbert Smith Freehills (Paris); and Robert Kayihura, Senior Advisor, Covington & Burling (Johannesburg).