Latest news with #MindtheGap
Cision Canada
14-05-2025
- Business
- Cision Canada
Manifest Climate AI Analysis Reveals Ambition-Action Gap in Fortune Global 500 Sustainability Disclosures
Despite 88% of companies setting decarbonization goals, fewer than 2% disclose the financial risks of the climate transition. TORONTO, May 14, 2025 /CNW/ - Manifest Climate, the AI-powered platform for sustainability intelligence, today released a new report: Mind the Gap: AI Analysis of the Fortune Global 500 Sustainability Disclosures. The report highlights the gap between the sustainability commitments of the world's largest companies' and the financial transparency required to drive real action. Leveraging its proprietary AI, Manifest Climate analyzed over 50,000 sustainability datapoints from Fortune Global 500 disclosures. The findings reveal that while sustainability reporting is more widespread than ever, key financial metrics are still underreported. "Technology now allows us to cut through the noise and pinpoint exactly where companies are backing up commitments with capital," said Laura Zizzo, Founder and Chief Strategy Officer at Manifest Climate. "With AI-powered tools like Manifest Climate, we can instantly organize and compare disclosures at an expert level—no manual digging needed. This is a game changer for decision-makers who want to focus on real action, not just promises." Key findings from the Fortune Global 500 companies include: 88% disclose decarbonization commitments 52% report capital expenditures (CapEx) aligned with those goals Just 13% link executive compensation to climate targets Fewer than 2% quantify financial exposure to transition risks The report highlights the rising demand for decision-useful disclosures, as investors, regulators, and other decision-makers increasingly use AI to assess sustainability claims. Without meaningful financial information, companies risk eroding the credibility of their sustainability strategies. Mind the Gap urges companies to match ambitious goals with clear, transparent financial actions—and leverage AI to bridge the gap. Download the full report here. About Manifest Climate Manifest Climate is the AI-powered platform for sustainability intelligence. Our technology enables instant assessments of clients, portfolio companies, suppliers, and internal disclosures, identifying risks, opportunities, and gaps with unmatched speed and accuracy. Trained by sustainability experts, our proprietary AI analyzes 1,500+ datapoints—aligned with CSRD's ESRS and ISSB standards— from corporate reports to benchmark performance, uncover material topics, assess alignment against relevant frameworks, and monitor risks. Trusted by top global public companies, financial institutions, and consulting firms, Manifest Climate transforms sustainability research, benchmarking, and reporting to streamline compliance, mitigate risk, and enable data-driven decision-making.
ITV News
08-05-2025
- Business
- ITV News
Jersey's government rejects calls to force businesses to report gender pay gap data
Jersey 's government has again rejected calls to introduce legislation forcing businesses to publish their gender pay gap statistics. In a scrutiny meeting on Tuesday 6 May, the island's Assistant Chief Minister Carina Alves said legislation of this nature would "place too much burden on businesses and entail quite a significant cost to government". The Government has since added that this decision aligns with the goals of their common strategic policy, which stated they would not be overly bureaucratic and interfere too much in the private sector. What is the gender pay gap? The gender pay gap is the difference in average hourly earnings between men and women. However, it is not just about men being paid more for the same job. Factors like taking career breaks to raise children, the over-representation of women in lower-paying sectors, and a hesitancy to hire women in high-earning managerial positions also contribute. In the UK, the gender pay gap was 7% in April 2024. What is gender pay gap reporting? In the UK, it is a legal requirement for companies with more than 250 employees to report their gender pay gap data. It is argued that this transparency makes it easier to compare salaries, expose inequality, and introduce measures that will help create change. The European Parliament also introduced legislation in March 2023 which forced EU companies to disclose information that makes it easier to compare salaries and imposes regulations if they report a gender pay gap of more than 5%. However, neither Jersey nor Guernsey has equivalent laws. What is the gender pay gap in the Channel Islands? Whilst Jersey's government say they have no plans to enforce pay gap reporting, they explain they are leading by example in publishing their own gender pay gap data annually. Statistics Jersey also produces pay gap reports using data from income tax returns and social security contributions. In 2024, the pay gap in Jersey was 7.8%. The States of Guernsey say they do not currently collect data that allows them to reliably report on the gender pay gap. Local campaigners say forcing businesses to report pay gaps would bring greater transparency and be a critical step towards achieving gender equality. Countries in Europe have shown that the shift can bring about change - Luxembourg currently favours women with a pay gap of -0.9% after making unequal pay illegal in 2016. Alex Ruddy, Chair of Jersey's Institute of Directors and co-founder of campaign group 'Mind the Gap', says transparency is a necessary step towards achieving equal pay, improving childcare and maternity policies, and enabling career progression. "Reporting your gender pay gap is not going to solve everything - it's a small step towards gender equality and recognising that diversity on boards or in businesses is a good thing", she says. "It is a demonstration by a business of the steps they are taking to address the gender pay gap." She adds that all female professionals will have encountered issues relating to pay inequality, maternal leave, or career progression at some point. "It's about ensuring that people realise that those 'career gaps' - when you've spent time away from work to have children - are valuable, and it doesn't belittle the professional qualifications you'd previously held or the work you'd undertaken to get there." Mind the Gap is currently working alongside the Government to provide incentives and toolkits for local businesses with the hope this will allow them to publish their own statistics and take the steps towards pay equality.
Yahoo
02-05-2025
- Entertainment
- Yahoo
Jill Sobule Dies In House Fire: LGBTQ Artist Behind 'I Kissed A Girl' & 'Supermodel' Was 66
Jill Sobule, the pop artist best known for songs including 'I Kissed a Girl' and 'Supermodel,' has died in a house fire. She was 66. According to local news reports, firefighters in responded to call at about 5:30 a.m. Thursday at a house in Woodbury, Minnesota, which was fully engulfed in flames upon arrival. The cause of the fire is under investigation. More from Deadline 2025 Deaths Photo Gallery: Hollywood & Media Obituaries Mike Peters Dies: The Alarm's Frontman Was 66 Andrew Karpen Dies: Bleecker Street Media Founder And CEO Was 59 'Jill Sobule was a force of nature and human rights advocate whose music is woven into our culture,' her manager John Porter said in a statement shared with our sister publication Rolling Stone. 'I was having so much fun working with her. I lost a client and a friend today. I hope her music, memory and legacy continue to live on and inspire others.' Born Jan. 16, 1959, in Denver, Sobule released her Todd Rundgren-produced debut album Things Here Are Different in 1990. Other albums include Happy Town (1997), Pink Pearl (2000), Underdog Victorious (2004), California Years (2009), Dottie's Charm (2014) and Nostalgia Kills (2018). Singer-songwriter and guitarist Sobule became popular for her self-titled second album in 1995, which featured the lesbian anthem 'I Kissed a Girl,' the first gay-themed song to make the Top 20 on Billboard's Modern Rock, and the bop 'Supermodel,' which appeared that year in the seminal teen film Clueless. Watch her quirky video for 'I Kissed a Girl,' a different song from Katy Perry's debut hit of the same name: Composing music for film and television, Sobule's work appeared in Nickelodeon's Unfabulous, and she acted and performed her music in the 2004 film Mind the Gap. She also appeared as herself in a 2003 episode of The West Wing and had roles in the features Mind the Gap and Grace of My Heart and on Oddville, MTV. RELATED: Sobule's death comes ahead of the June 6 release of the original cast recording for her 2023 Off-Broadway musical memoir F*ck7thGrade, coinciding with the 30th anniversary of her self-titled album. Explaining that she's 'been known to do topical and political songs' in her career, Sobule said while touring with The Fixx last month: 'I'm certainly not used to tiptoeing around. So it's interesting and even wonderful to figure out what you can get away with and how you can still relate to people who disagree with you.' DEADLINE RELATED VIDEO: Best of Deadline Brad Pitt's Apple 'F1' Movie: Everything We Know So Far Everything We Know About 'Nine Perfect Strangers' Season 2 So Far 2025-26 Awards Season Calendar: Dates For Tonys, Emmys, Oscars & More
