As 2030 is rapidly coming upon us, the adherence to the 17 SDG Goals becomes more important than ever for all institutions, especially banking institutions, commits to the SDG Goals. 2023 was the hottest year on record, and 2024 looks to be even hotter. The climate crisis is already upon us, and to halt and reverse this trend, banks need…
Why is measuring your company’s impacts and aligning them with your organization’s goals so important? Your company has taken the first step and decided it wants to conform to the SDG Goals. You know that this is an important in order to be a more socially responsible steward of the planet. After reviewing the 17 SDGs that align with not…
In a multicultural society, diversity, equity, and inclusion are of the utmost importance. Companies that are more diverse are more profitable. According to Kellie Wong, in her article Diversity and Inclusion in the Workplace: Benefits and Challenges for Achievers, Deloitte found that companies enjoy 2.3 times more cashflow per employee. Gartner found that in high-diversity environments, team performance improved by…
Introduction In 2023, 719 million people, which is 9.3% of the world’s population, lived in extreme poverty. This is up from 8.4% in 2019, which saw an increase of 70 million people following into extreme poverty in 2020 due to the Covid Pandemic. This was the first time in decades that the percentage of people living in extreme poverty increased….
Pearce Sustainability Consulting Group (PSCG) is pleased to announce that they have been named the Best Sustainability Consulting Firm 2023 – California, by Wealth & Finance International, in their yearly Management Consulting Awards. Wealth & Finance International is a newsletter based out of the UK with a subscription base of over 60,000 high net worth individuals. This prestigious award is…
Introduction As our planet’s population continues to grow, we are using resources at a much higher rate than in previous times in our history. At the same time, our economy has continued to grow at the highest rate in history also. This began with the advent of the industrial revolution, which allowed humans to have a higher standard of living….
Since ESG is a fairly new technique used to measure an organization’s performance for Environment, Social, and the Governance within an organization, that is used by investors to gage whether they should invest in an organization based upon its stated values. It does not help that ESG has been politicized by unscrupulous individuals with the intent of having it outlawed…
Working as a sustainability consultant, I am often asked, “What is Sustainability, and how does it affect me”. Then the discussion often turns to the topic of climate change (global warming), with the misconception that Sustainability is only about climate change. When I start to explain such things as preservation of natural resources, environmental degradation, and social issues, people are…
Hello everyone, my name is Steven Pearce, and I am the founder of Pearce Sustainability Consulting Group. Usually, I write an article about the benefits of Sustainability, ESG, or some similar topic, which leads to selling our services. That is not the intention of this article. Instead, this is a call for everyone to start caring about the climate, and…
1. Introduction and the Nature of the Research Question Saudi Aramco produces over 12.5 million barrels of oil daily, generating revenue of more than $1 billion dollars a day while producing 10% of the world’s oil(Saudi Aramco). Estimates have Saudi Aramco being valued at over 30-40 trillion dollars. This is including oil that has yet to be pumped and…
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