Latest news with #stakeholders
Yahoo
30 minutes ago
- Business
- Yahoo
Insiders own 31% of CSP Inc. (NASDAQ:CSPI) shares but retail investors control 42% of the company
The considerable ownership by retail investors in CSP indicates that they collectively have a greater say in management and business strategy A total of 13 investors have a majority stake in the company with 50% ownership Insiders have been buying lately This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. To get a sense of who is truly in control of CSP Inc. (NASDAQ:CSPI), it is important to understand the ownership structure of the business. The group holding the most number of shares in the company, around 42% to be precise, is retail investors. In other words, the group stands to gain the most (or lose the most) from their investment into the company. And individual insiders on the other hand have a 31% ownership in the company. Generally speaking, as a company grows, institutions will increase their ownership. Conversely, insiders often decrease their ownership over time. Let's take a closer look to see what the different types of shareholders can tell us about CSP. View our latest analysis for CSP Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices. As you can see, institutional investors have a fair amount of stake in CSP. This can indicate that the company has a certain degree of credibility in the investment community. However, it is best to be wary of relying on the supposed validation that comes with institutional investors. They too, get it wrong sometimes. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. It's therefore worth looking at CSP's earnings history below. Of course, the future is what really matters. We note that hedge funds don't have a meaningful investment in CSP. Our data shows that Joseph Nerges is the largest shareholder with 14% of shares outstanding. For context, the second largest shareholder holds about 8.1% of the shares outstanding, followed by an ownership of 7.1% by the third-largest shareholder. Victor Dellovo, who is the second-largest shareholder, also happens to hold the title of Chief Executive Officer. After doing some more digging, we found that the top 13 have the combined ownership of 50% in the company, suggesting that no single shareholder has significant control over the company. Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments. As far as we can tell there isn't analyst coverage of the company, so it is probably flying under the radar. While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it. Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. However, on some occasions too much power is concentrated within this group. Our information suggests that insiders maintain a significant holding in CSP Inc.. It has a market capitalization of just US$106m, and insiders have US$33m worth of shares in their own names. We would say this shows alignment with shareholders, but it is worth noting that the company is still quite small; some insiders may have founded the business. You can click here to see if those insiders have been buying or selling. The general public, who are usually individual investors, hold a 42% stake in CSP. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders. While it is well worth considering the different groups that own a company, there are other factors that are even more important. Many find it useful to take an in depth look at how a company has performed in the past. You can access this detailed graph of past earnings, revenue and cash flow. If you would prefer check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, backed by strong financial data. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
3 hours ago
- Business
- Yahoo
IASB seeks feedback on IFRS 16 in post-implementation review
The International Accounting Standards Board (IASB) has launched a formal post-implementation review of IFRS 16 Leases, inviting stakeholders to share their experiences and insights on whether the standard is working as intended. A Request for Information (RFI) has been published as part of this process, with comments due by 15 October 2025. Issued in January 2016 and effective from January 2019, IFRS 16 introduced a major shift in lease accounting by requiring lessees to bring most leases onto the balance sheet. The standard eliminated the distinction between finance and operating leases for lessees, replacing it with a single lease accounting model. The move aimed to improve transparency and comparability in financial reporting by recognising lease assets and liabilities more consistently. Now, more than five years since implementation, the IASB is reviewing whether the standard has delivered the intended benefits and whether the costs of applying IFRS 16 are justified. Stakeholders—including preparers, users, auditors, and regulators—are encouraged to provide feedback on key aspects such as: Usefulness and comparability of information when judgement is applied in measuring lease liabilities; The relevance of disclosures about lease-related cash flows; The cost and complexity for lessees in applying the measurement requirements; and Interactions between IFRS 16 and other IFRS Accounting Standards. Participants are also invited to share their overall views on the effectiveness and clarity of the standard. "IASB seeks feedback on IFRS 16 in post-implementation review" was originally created and published by Leasing Life, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
18 hours ago
- Business
- Yahoo
Beyond the ESG Label: From Metrics to Meaning
As ESG scrutiny intensifies, Marco Carlizzi, Partner Lawyer at RSM Italy, explores the challenges and opportunities ahead, from tightening regulations to measurable impact, and why integration is now the real differentiator. The ESG landscape is undergoing a quiet transformation. While headlines focus on regulation or greenwashing scandals, many firms are recalibrating their environmental, social and governance (ESG) strategies to move beyond compliance and toward credibility. The partner lawyer at RSM Italy, shares how investors and institutions are responding to this shift, and where the next wave of ESG innovation lies. The pressure to quantify ESG is now coming from multiple angles, regulators, stakeholders, and internal leadership. 'While regulatory expectations around ESG metrics continue to grow, the picture on investor demand is more nuanced,' Carlizzi explains. 'Compared to a year ago, we've seen a degree of hesitation among some investors – particularly in response to the political and international situation (tariffs battles and war). In that sense, demand isn't rising uniformly; in some areas, it's stabilising or becoming more cautious.' Nonetheless, environmental indicators remain front and centre. 'The push for measurability remains strong, particularly from regulators and supervisory authorities. Environmental metrics are still the most widely adopted, especially carbon emissions, energy use and water consumption, because they are more easily quantified.' In parallel, sustainability-linked KPIs are gaining ground inside organisations themselves. 'Increasingly, firms are also using sustainability-linked KPIs to align leadership incentives with environmental outcomes including Managing Directors. So even in a more restrained climate, the emphasis on rigour and transparency is very much here to stay.' But turning ESG intentions into metrics isn't easy, especially for small and mid-sized companies. 'The core issue is data – not just the collection of ESG data, but its quality and reliability,' Carlizzi says. 'Many small and middle market businesses are unable to provide the detailed data that banks or asset managers request.' Even on the institutional side, accuracy can be elusive. 'Investors typically depend on a small number of ESG ratings agencies and data providers – such as MSCI, Sustainalytics, or ISS – to assess thousands of companies across global markets. Because so many asset managers use the same sources, there's a risk of overreliance on standardised, and sometimes inconsistent, datasets.' The consequence? 'It's difficult to benchmark performance accurately or uncover meaningful distinctions between companies, especially when methodologies lack transparency or comparability.' In Europe, ESG regulation is quickly catching up with industry practices. 'Regulatory scrutiny around ESG labelling has intensified in Europe,' Carlizzi notes. 'The European Securities and Markets Authority (ESMA) recently issued guidance on how terms like 'green,' 'sustainable,' or 'impact' can be used in product naming. While not yet law, the guidance is already prompting changes in how firms describe their products.' The implications for private banks and asset managers are significant. 'Many asset managers are re-evaluating product labels and marketing language. We've seen clients having to rename certain products to remain aligned with new expectations – not because the strategies changed, but because the language needed to be clearer and more defensible. This shows just how seriously the market is taking the risk of overstatement.' As scrutiny increases, so too does the spotlight on greenwashing. Carlizzi believes credibility must be built from within. 'Avoiding greenwashing starts with building internal credibility. That means ESG strategy can't be delegated to a single board member or compliance officer. It must be understood across leadership – just like finance, marketing, or corporate governance.' He recommends concrete, preventative steps: 'Practical steps include regular board education, external legal review of ESG claims, and ensuring that communications reflect actual outcomes, not just intentions. The simplest advice is often the most important: be transparent, be cautious with language, and only promise what you can prove.' When it comes to impact investing, performance and transparency are no longer optional. 'There's been a clear shift toward measurability and accountability in impact investing,' Carlizzi says. 'It's no longer enough to talk about positive intentions – investors now expect evidence of tangible outcomes.' This has implications for both institutional and private clients. 'Both are asking tougher, more technical questions: How is impact defined? How is it measured? And how does it relate to financial performance?' This shift is reengineering product design. 'Managers need to integrate impact into the structure of the investment strategy, not just the marketing,' he explains. 'Increasingly, this includes setting portfolio-wide targets – such as emissions reductions or social outcomes – and linking them to financial mechanisms like hurdle rates, carried interest, or sustainability-linked fees. In the current environment, impact must be treated not just as a value, but as a measurable, reportable obligation tied to both returns and accountability.' Looking ahead, Carlizzi points to two EU policy developments that will reshape reporting obligations across the corporate landscape: the Corporate Sustainability Reporting Directive (CSRD) and the Corporate Sustainability Due Diligence Directive (CSDDD). 'Both will increase the depth and scope of required ESG disclosures in Europe. Even businesses not directly affected will see expectations rise through their commercial relationships.' And while AI is emerging as a tool to handle complex data, he urges caution. 'There is also growing attention on how AI will be used to support ESG – particularly in data analysis and risk screening. But it's essential to remember that AI must support, not replace, professional judgement. As I often say to my clients: artificial intelligence may be fast, but legal responsibility remains human.' Finally, Carlizzi sees innovation blooming where ESG is embedded into strategy, not tacked on. 'Innovation is happening across all three – but the most exciting developments are in integration,' he says. 'For example, sustainability-linked loans and ESG covenants in financing structures are becoming more sophisticated.' On the reporting front, technological advances are starting to bite. 'The use of AI and blockchain to trace data through complex supply chains could significantly improve transparency.' Ultimately, success will depend on mindset. 'The firms that will lead in ESG are those who treat it as a core strategy – not as a compliance exercise,' Carlizzi concludes. 'The next wave of ESG leadership will be defined not by who has the best disclosure, but by who can act on it.' "Beyond the ESG Label: From Metrics to Meaning" was originally created and published by Private Banker International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
Zawya
a day ago
- Business
- Zawya
Key Policy Debates Shaping Africa's Mining Future at African Mining Week (AMW) 2025
As Africa positions itself at the forefront of the global energy transition, the continent's mining sector faces pivotal policy decisions that will determine its role in the future supply of critical minerals. African Mining Week (AMW) 2025, taking place in Cape Town from October 1-3, emerges as a premier platform for stakeholders to engage in these crucial discussions, fostering collaboration and investment across the mining value chain. Enhancing Value Addition and Local Content African countries are increasingly focusing on in-country mineral processing to maximize economic benefits. Gabon, for instance, has reformed its mining code to offer tax holidays and modest royalties, aiming to boost the mining sector's contribution to GDP to over 30% by the mid-2030s. South Africa is also encouraging investors to participate in local beneficiation initiatives, emphasizing the mining industry's role in job creation and economic development. AMW 2025 will spotlight these initiatives, providing a platform for stakeholders to explore opportunities in value addition and discuss policies that promote local processing and industrialization. Addressing Energy Challenges and Infrastructure Gaps Reliable infrastructure and energy access are critical for mining operations. Projects like the $15.6 billion Lagos-Abidjan Highway, slated for construction in 2026, aim to connect multiple West African countries, facilitating the transport of minerals and boosting regional trade. AMW 2025 will explore innovative solutions and investment opportunities to enhance energy security and infrastructure, ensuring sustainable and efficient mining activities across the continent. Formalizing Artisanal and Small-Scale Mining Artisanal and small-scale mining (ASM) plays a significant role in Africa's mining landscape, yet it often operates informally, leading to environmental degradation and social challenges. Efforts are underway to formalize ASM operations: Ghana is actively formalizing its ASM sector through a series of initiatives aimed at enhancing regulation, environmental sustainability and economic integration. Key measures include the establishment of the Ghana Gold Board, which centralizes the purchase and export of gold from licensed small-scale miners to curb smuggling and increase state revenue. At AMW 2025, sessions will focus on strategies and policies adopted by mineral-rich nations to empower small-scale mining operations, promoting responsible practices and integrating these operations into the broader mining economy. ESG Compliance: Aligning with Global Standards As global scrutiny around environmental, social, and governance (ESG) practices intensifies, African mining companies face mounting pressure to align with evolving sustainability expectations. According to an EY survey, international mining executives identified ESG as the top risk to their business in 2024, underscoring its growing strategic importance. At AMW 2025, dedicated sessions will explore how African operators can strengthen ESG compliance – minimizing environmental impact, promoting fair labor practices and aligning operations with global standards to remain competitive and responsible in a shifting investment landscape. African Mining Week serves as a premier platform for exploring the full spectrum of mining opportunities across Africa. The event is held alongside the African Energy Week: Invest in African Energies 2025 conference from October 1-3 in Cape Town. Sponsors, exhibitors and delegates can learn more by contacting sales@ Distributed by APO Group on behalf of Energy Capital&Power.
Globe and Mail
2 days ago
- Business
- Globe and Mail
Can Emission Reduction Initiatives Drive Growth for NRG Stock?
NRG Energy 's NRG strategic focus on reducing emissions significantly strengthens its long-term investment outlook. By aligning its operations with global decarbonization efforts and tightening environmental regulations, the company is well-positioned to capitalize on policy incentives, improve stakeholder confidence and reduce regulatory risks. Its commitment to achieving net-zero emissions by 2050, supported by interim 2030 targets, reflects a well-defined and credible sustainability roadmap. NRG Energy's planned shift toward a lower-carbon business model is not only environmentally responsible but financially advantageous. The company's investments in clean technologies, like battery storage, carbon capture and demand-side energy management, are enhancing operational efficiency, improving profit margins and increasing grid reliability. As carbon pricing becomes more common, NRG Energy's cleaner portfolio offers a significant cost advantage by avoiding the financial penalties imposed on high-emission operators. Receding emissions levels strengthen NRG's brand equity and deepen customer loyalty in a market increasingly driven by sustainability preferences. With a vast retail electricity platform serving millions of residential and commercial clients, NRG Energy is well-positioned to deliver cleaner, more personalized energy solutions. The company's green product offerings and energy efficiency services also unlock new cross-selling opportunities and recurring revenue streams. In summary, NRG Energy's decarbonization efforts place it in a favorable position amid the clean energy transition. By proactively pursuing net-zero goals, the company is mitigating long-term risks while tapping into the expanding opportunities of a low-carbon economy. How Utilities Are Reducing Emission Levels? Utilities across the United States are reducing emissions by transitioning to cleaner energy sources, modernizing infrastructure and investing in emerging technologies. Companies are implementing carbon capture systems to meet climate goals. Duke Energy Corporation DUK is targeting to achieve net-zero emissions by 2050. To achieve its target, Duke Energy will shut all coal units and invest in clean energy assets. Xcel Energy XEL is undertaking initiatives to produce and deliver clean energy to customers. The company aims to serve all customers with 100% zero-carbon emissions by 2050. Xcel will invest in emerging new technologies and increase the efficiency of existing units. NRG Stock Returns Better Than the Industry Return on equity ('ROE') is an essential financial indicator that evaluates a company's efficiency in generating profits from the equity invested by its shareholders. It demonstrates how well management is utilizing the capital provided to increase earnings and deliver value. The current ROE of the company indicates that it is using shareholders' funds more efficiently than peers. NRG's Earnings Estimates Moving North The Zacks Consensus Estimate for NRG's 2025 and 2026 earnings per share indicates an increase of 2.78% and 9.12%, respectively, in the past 60 days. NRG's Price Performance NRG's shares have outperformed the Zacks Utility- Electric Power industry in the past six months. NRG's Zacks Rank NRG currently has a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Research Chief Names "Single Best Pick to Double" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. This company targets millennial and Gen Z audiences, generating nearly $1 billion in revenue last quarter alone. A recent pullback makes now an ideal time to jump aboard. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months. Free: See Our Top Stock And 4 Runners Up Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Xcel Energy Inc. (XEL): Free Stock Analysis Report NRG Energy, Inc. (NRG): Free Stock Analysis Report Duke Energy Corporation (DUK): Free Stock Analysis Report
