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ESG Risk: It’s Real and Being Deployed, Managed and Regulated: Ask Canada!

ESG is real:ESG is a system used to measure the sustainability of a company or investment in three specific categories: environmental, social, and governance

As the below article describes, Canada, our North American neighbor (and former fellow commonwealth neighbor) has now mandated that banks and insurance companies report on climate risk exposures of their clients. BUT:”While the rules do not yet apply to other companies, OSFI will also expect the financial institutions to collect and assess information on climate risks and emissions from their clients”…How far off are similar regulations for the Caribbean institutions/Governments?

Newton’s FIRST law of motion states: An object at rest stays at rest until some external force (regulations/war/pandemic/bad actors) intervenes or is introduced. 

In 2022 and beyond, “your resting level” should be significantly curtailed, I respectfully suggest.

https://www.esgtoday.com/canada-introduces-mandatory-climate-disclosures-for-banks-insurance-companies-beginning-2024/

KH Business Consultants Limited selected to strengthen the ERM at CARPHA

As the founder and Managing Director of KH Business Consultants (KHBC), I am proud to share excerpts from an article on KHBC being selected to work with CARPHA to strengthen ERM at the agency. This partnership is even more critical given the role of CARPHA during the current pandemic. You can read the full article at the link below.

“On November 10, 2021, CARPHA signed a contract with KH Business Consultants Limited to strengthen the ERM at the agency. The project, which is expected to extend over a period of six months, includes the development and revision of a number of ERM documents including the ERM policy, a risk register, and an ERM manual. KH Business Consultants will also deal with the capacity building of the agency’s staff in the ERM area.”

“As a regional organization with a public health mandate, CARPHA operates in an environment that is characterized by a high level of uncertainty,” said Dr. Joy St John, Managing Director of CARPHA and able to manage the impact of these uncertainties on the agency’s strategic goals. ERM will help ensure forward-looking and risk-oriented decisions at all levels of the organization, thereby maximizing profits and avoiding unnecessary losses. “Funding for this activity is provided by the European Union (EU) through the 11th European Development Fund (11th EDF).”


Ken Hackshaw,


https://consultingpress.top/carpha-kh-business-consultants-limited-to-strengthen-enter/