Postings

Nestle, Tchibo and other global firms explicitly support a German law requiring environmental and social safeguards along the entire supply chain.  Despite a broad alliance of more than 100 companies, civil society organizations and unions as well as the support of the German Labor and Development ministries, the Feder ...

OECD Tourism papers address issues such as trends and policies, innovation, sustainability, skills and statistics.  This series is designed to make available to a wider readership selected studies drawing on the work of the OECD Tourism Committee (www.oecd.org/cfe/tourism).  It complements OECD tourism publications and ...

This paper studies an innovative mechanism for managing local tourism and recreation systems and offers recommendations on their development. It examines issues on local tourism system management in the Volga Federal District, Russia. It shows that the relevance of local system development is largely dictated by the lo ...

Verbund AG issued the world's first Environmental Social Governance-linked syndicated loan.  Its interest rate is not determined by reference to the financial rating but by reference to a sustainability rating established and assigned by the ESG rating agency Sustainalytics.  If Verbund AG's sustainability rating decre ...

The Sustainability Linked Loan Principles published by the Loan Market Association (LMA), the Asia Pacific Loan Market Association (APLMA) and the Loan Syndications and Trading Association (LSTA) set an international baseline for determining how financing can facilitate positive corporate performance and achieving meas ...