Gold Prices Settle Higher, As Evergrande Woes Boost the Metal’s Haven Appeal

Reuters

Bulk of S&P 500 embraces sustainable accounting standard, foundation says

More than half of companies in the S&P 500 now use a common standard from the Value Reporting Foundation to report on topics like carbon emissions and energy management, indicating executives are paying more attention to an area likely to face new regulations soon, a foundation official said. “The market has already got a lot of momentum in the direction the SEC (U.S. Securities and Exchange Commission) is pushing for,” Neil Stewart, director of corporate outreach for the global nonprofit organization, said in an interview. As of Aug. 31, 324 companies in the S&P 500 used the foundation’s standard, up from 201 companies at the end of 2020, according to the group, which is backed by large asset managers including BlackRock Inc and State Street Corp.

Source: https://finance.yahoo.com/m/2836a92d-b98a-331e-8aa7-d9a037965c2e/gold-prices-settle-higher-as.html