Andrea Zanon is a Founder, CEO and experienced technology and impact entrepreneur who has made powerful strides in his career. He is currently the CEO of WeEmpower Capital, which he founded in early 2018 and which promotes ESG.
Accelerating green growth globally. This is Tesla at its best!
On April 20th, during the quarter investment call Tesla’s CEO Elon Musk made clear that the Lithium price has reached insane price levels. Regardless of this, he clarified that Tesla was able to secure lower prices for lithium thanks to the locked-in long term contracts. Once again, Tesla beat market expectations and delivered a record 184,800 vehicles globally in the 2022 January to March quarter, beating market expectations on strong demand from China. Elon Musk is confident that Tesla will continue to beat market expectation as it is able to innovate and solve problem at a much faster pace than others.
Canada is losing out due to climate disaster and might be missing out on green growth opportunities
As we look back at Canada recent economic losses caused by disaster events, it is striking to see how quickly climate shocks are weaking the national economy. Based on the data available, over the last 10 years, Canada has been losing 2-5% of its GDP because of climate events. This numbers captures both direct and indirect cost but does not capture secondary cost which are more difficult to assess. It also shows the missing national resiliency and proactive prevention focus.
ESG is becoming a major force in finance and ESG investments perform better during market turmoil
Environmental, social, and governance efforts are now an integral element for organizational success. As such, disregarding them is a disastrous step for corporations.
Saudi Arabia leads smart city development by building the world’s largest ‘floating’ business city
Smart cities mega-projects have been floating around for a long time and have promised to improve and transform the way we live, work and interact with the environment. They have been often applauded as the integrated way to address innovation, sustainability and social good. However, very few have become a reality as these visionary projects are cash intensive and they have yet to prove their financial, environmental, and human returns. One of them, Masdar City in Abu Dhabi, which is a subsidiary of Mubadala Development Company has been celebrated internationally as a pioneer project that takes cutting edge technologies and the Net-Zdro carbon emission agenda to a new level.
Could ESG Cause Markets To Become Over Regulated?
The environmental, social, and governing attributes of the ESG model show themselves as more than relevant to the current society and marketplace. The standards that capital markets are held accountable to dictate the future successes and failures of society. The reliability of the ESG model comes from its ability to measure the value, the risk and its mitigation measures of an organization. Global regulations are being spearheaded by the Security Exchange Commission and the European Union with the virtues of ESG in mind. Tomorrow is the day when agencies must achieve ESG standards and comply with stricter reporting and disclosure requirements. This will come in full force in 2022 when bot the United States (through the Security and Exchange Commission, and the European Union via Brussels) will make compulsory for business to report their ESG footprint and develop a public score.
Control of Lithium will guarantee exponential growth and market leadership
On April 20th, during the quarter investment call Tesla’s CEO Elon Musk made clear that the Lithium price has reached insane price levels. Regardless of this, he clarified that Tesla was able to secure lower prices for lithium thanks to the locked-in long term contracts. Once again, Tesla beat market expectations and delivered a record 184,800 vehicles globally in the 2022 January to March quarter, beating market expectations on strong demand from China. But amid a record-high demand for the material, can supply keep up?
The Ongoing Crisis Should Not Be Wasted
It is always wise to try to search for the positives around you, especially in the midst of a crisis situation. It may seem impossible to accomplish at the time, and you may not always have control over the circumstances. However, you do possess the power to control how you react and control the crisis as opposed to being controlled by the crisis. Instead of getting distracted and lost in turmoil, if one chooses to focus on any good that can emerge from it like knowledge gained, lessons learned, and potential growth, neither the future nor the present needs to be so grim.
Here are my takeaways from attending Warren Buffet Berkshire Annual Meetings in person
This is the 5th time I attend the Berkshire Hathaway shareholder’s meetings. These normally occur between the end of April and the beginning of May, and they take place in Omaha, Nebraska. These meetings are also known as the Woodstock of Capitalism as they attract some of the “heaviest weight” financiers in the world. There are normally about 40 thousand people attend the shareholder meeting, which takes place on Saturday and where Warren Buffet (91 years old) and Charlie Monger (98 years old), the two leaders of the Berkshire empire take questions from the participants from 9 am to 3 pm.
Earth Day (April 22, 2022) is a good day for business
While I understand not all are on board with the sustainability agenda, and some like the billionaire Peter Thiel believes that Environmental, Social and Governance (ESG) has been forced on us by the government, I am going to argue we should all embrace it as it is good for our lives, and it is good for business. Let’s be clear though, there are both flaws and opportunities in ESG and while regulating markets at time is necessary, we believe in market forces and ethical capitalism to lead the way.
Andrea Zanon believes that Businesses, particularly start-ups should hire a Chief Impact Officer
No matter where you stand in the political or value ranks, I believe we are in the middle of a revolution across the business and policy circle and I am going to argue that hiring a Chief Impact Officer (CIO) will help your company stay competitive, attract top talent, and generate long term corporate and societal value.
How to build personal confidence and metal fitness
As I work with many groups that focus on accelerating personal performance, crisis management and mental fitness, I would like to share a few key lessons on personal mastery that I have practiced and learned by getting exposed to hundreds of leaders across different disciplines from finance, entrepreneurship, environment, sports, and health. As this is a very extensive topic, I am going to focus on three areas which I believe have the highest potential for short term personal mastery. These are crisis management, wellness and longevity, and extreme performance hacks and suggestions that should be taken with criticism as none of these work for everyone and I am not a doctor.
ESG in the fashion industry, an opportunity for cost saving and brand strength
-Millennial and Z generation buyers are driven by ethical consumption, and this will affect the fashion industry -Investors and governments are pressing brands for greater transparency across ESG criteria as social inclusion and environmental pressure increases