GreenBiz

JULY 27, 2020

bank to commit to measuring and disclosing the climate impact of its loans and investments, announcing last week that it has joined a multi-trillion dollar group of global financial institutions developing a standardized method for carbon accounting. Morgan Stanley has become the first major U.S. trillion in assets.

Banking 428

Banking Chief Sustainability Officer Paris Agreement COP26 428

James Militzer

SEPTEMBER 23, 2022

According to Peru’s Ministry of Environment’s National Forest Conservation Program for Climate Change Mitigation, Peru (and the world) have lost an average of roughly 100,000 hectares of forest per year since 2006. In fact, they are banking on it. These losses have only accelerated.

Climate Change 98

Climate Change Supply Chains Supply Chain Development 98

ESG Today

JANUARY 21, 2024

This week in ESG news: EU Parliament approves new anti-greenwashing law; investors urge Shell to set Paris-aligned climate targets; Barclays launches new sustainable banking, energy transition investment banking teams; PwC CEO survey finds companies upskilling workers for climate megatrend; Australia drafts law requiring mandatory climate reporting; (..)

Supply Chains 101

Supply Chains Supply Chain Banking Greenwashing 101

Corporate Knights

JUNE 13, 2023

In response to accusations of greenwashing and growing regulatory scrutiny, a group of high-powered financial networks is working to standardize the often-opaque jargon of the responsible investing industry. In the beginning, most banks and large money management firms didn’t pay much attention. In the U.S.,

Greenwashing 140

Greenwashing Sustainable Investment Conscious Investing Impact Investing 140

Chris Hall

AUGUST 4, 2023

A step change is needed in the scalability, replicability and measurability of impact to move beyond today’s incremental progress, according to Dr. Henning Stein. The new President of the World Bank, Ajay Banga, recently spoke about investment’s role in delivering positive change. Someone has to put down a marker.

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Banking Impact Investing Greenwashing Sustainable Investment 52

Chris Hall

NOVEMBER 25, 2022

ESG Investor’s weekly round-up of news on technology and tools in the sustainable investing sector, including MSCI, Tumelo, DSD Lab, Exabel, YoujiVest, R3 and Hope for Justice. . The EBA ESG Pillar 3 disclosure standards are a mandatory requirement for banks with securities traded on a regulated market of any EU member state.

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Banking Analytics Data Analytics Supply Chains 52

Chris Hall

SEPTEMBER 28, 2022

But Salkeld at ShareAction called for a much more active approach from the authorities to encourage this newly-released money into sustainable investments. “We This would not prevent fossil fuel investment but would make it more expensive.

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Sustainable Investment Net Zero Green Investing Banking 52

ESG Today

OCTOBER 1, 2022

Requirements under SFDR include reporting on the alignment of investments with the EU Taxonomy, the EU’s classification system enabling the categorization of economic activities that play key roles in contributing to the EU’s key environmental objectives, starting with climate change mitigation and climate change adaptation.

Sustainable Investment 125

Sustainable Investment Climate Change Banking 125

GreenBiz

FEBRUARY 15, 2021

The sustainable investment community already is engaged in this effort, channeling dollars to companies with better environmental, social and governance (ESG) practices. One in every three professionally managed dollars in the United States — $17 trillion — is invested with an ESG focus. We agree that this shift is overdue.

Paris Agreement 377

Paris Agreement Sustainable Investment Net Zero Climate Change 377

ESG Today

DECEMBER 3, 2023

See below for the highlights of the past week, and get all your ESG news at ESG Today: Sustainability Goals, Initiatives and Achievements American Airlines Signs Carbon Removal Agreement with Cleantech Startup Graphyte Dow to Build $6.5

Net Zero 88

Net Zero Decarbonize Greenwashing Banking 88

3BL Media

FEBRUARY 15, 2024

That’s why biodiversity loss alone could cost the global economy trillions of dollars in the coming years, in addition to trillions more related to climate change. There is a silver lining, because interconnectedness works both ways: tackling climate change and biodiversity loss in tandem can lead to twin wins.

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Climate Change Carbon Offsets Development Net Zero 147

ESG Today

JULY 18, 2023

The European Investment Bank (EIB) Group announced €800 million in new financing for a series of projects to support climate action in Argentina, Brazil, and Chile. The announcement was made during the European Union-Community of Latin American and Caribbean States (CELAC) Summit of Heads of State and Government.

Banking 82

Banking Supply Chains Supply Chain Sustainable Investment 82

Corporate Knights

FEBRUARY 8, 2022

When I led Canada’s Social Investment Organization (SIO) in the early 2000s, one of our most important debates concerned the question of whether the organization should develop an industry-wide label for socially responsible investment, as sustainable investing was called back then.

Sustainable Investment 357

Sustainable Investment Net Zero Greenwashing Climate Change 357

3BL Media

JANUARY 18, 2024

Originally published on bloomberg.com Green finance regulatory developments The 2023 United Nations Climate Change Conference (COP28) galvanized the energy around the global green finance agenda, setting the stage for a busy 2024 of green-related rulemaking and policy guidance for the financial services sector.

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Green Bonds Greenwashing Net Zero Climate Change 147

Sustainable Development Network

NOVEMBER 27, 2017

In the two years since the signing of the Paris Climate Agreement , what progress has the world made on climate change? Youth-led Innovation to Fight Climate Change On 9 November 2017, SDSN Youth co-hosted the official side event Supporting Youth-Led Innovation to Confront Climate Change: Opportunities for Action.

Climate Change 52

Climate Change Paris Agreement Development Sustainable Investment 52

Corporate Knights

JANUARY 27, 2023

Some of Canada’s largest pension funds, such as the Canada Pension Plan Investment Board and the Public Sector Pension Investment Board , continue to finance oil and gas expansion. And in 2018, Ireland became the first country to divest its national investment fund completely from fossil fuel companies.

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Divestment Net Zero Sustainable Investment Climate Change 297

ESG Today

DECEMBER 1, 2022

Credit Suisse announced today the publication of its Climate Action Plan for its investment businesses, outlining the strategies and actions to be taken by Credit Suisse Asset Management and Credit Suisse Wealth Management to achieve net zero across their portfolios by 2050.

Net Zero 95

Net Zero Chief Sustainability Officer Climate Change Banking 95

3BL Media

JULY 15, 2022

In fact, volunteer market offset activity hit US$1 trillion for the first time in 2021, according to the World Bank. Pending guidance from the Institutional Investors Group on Climate Change , for example, articulates company engagement and capital allocation best practices. Market Parameters and Rules Are Starting to Gel.

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Carbon Offsets Climate Change Net Zero COP26 130

Corporate Knights

JUNE 27, 2023

Chauvin framed the most urgent issues facing the planet – climate change, waste, pollution, slave and child labour – as accounting failures. Alyson Slater, head of sustainable investments, Manulife “They didn’t want it done in a fluffy way,” Todd says of her Vancity employers. Recent reports from the U.K.’s

Net Zero 257

Net Zero Triple Bottom Line Corporate Social Responsibility Sustainable Investment 257

Chris Hall

APRIL 19, 2024

As global momentum builds behind transition planning, Mark Manning, Senior Visiting Fellow at the London School of Economics, makes the case for a systemic response to the challenges of climate change. Arguably, we need to be thinking about transition planning as a system response to the challenges of climate change.”

Paris Agreement 81

Paris Agreement Net Zero Climate Change Banking 81

Corporate Knights

AUGUST 4, 2022

The Morningstar analysis, which was released in July, is the first time the investment community has had an in-depth look at the climate commitments of NZAMI members. . They join other signatories in the banking, insurance and asset owner sectors that are also part of the GFANZ alliance. . Invesco, ranked No.

Net Zero 303

Net Zero Decarbonize Banking Sustainable Investment 303

Chris Hall

JULY 6, 2023

Ex-Invesco Research Director Hazra to Lead First Sentier MUFG Sustainable Investment Institute, with research planned on engagement, human rights, biodiversity and diversity beyond gender. Other recent reports covered microplastics, microfibres and the challenges of the “rapid evolution” of sustainable investment for fund governance.

Sustainable Investment 52

Sustainable Investment Net Zero Academics Climate Change 52

Chris Hall

FEBRUARY 2, 2024

Many of the difficulties stem from how multilateral development banks (MDBs) operate and interact with the private sector, but one channel for private investment flows was also flagged as problematic this week. Perhaps more significant was the African Development Bank’s US$750 million issuance, which attracted 275 investors.

Net Zero 80

Net Zero Banking Development Greenwashing 80

3BL Media

MARCH 1, 2022

BMO Global Asset Management (EMEA), which is now part of Columbia Threadneedle Investments, has committed to continue to prioritise engagement with companies on major environmental issues including climate change and biodiversity, as well as human rights issues and executive pay.

Net Zero 130

Net Zero Climate Change Supply Chains Supply Chain 130

GreenBiz

APRIL 19, 2021

Chouinard and his coauthors highlighted the many efforts to dollarize ecosystem services (including efforts by The Nature Conservancy plus PwC, the UN Millennium Ecosystem Assessment, The World Bank and Puma/Kering plus Trucost and their environmental profit and loss, or EP&L).

Negative Screening 474

Negative Screening Academics Sustainable Investment Climate Change 474

Chris Hall

MARCH 16, 2023

The High Seas Treaty provides the certainty needed for greater sustainable investment into the ocean, says Karen Sack, Executive Director at the Ocean Risk and Resilience Action Alliance (ORRAA). It is a key defence against climate change. It provides food, livelihoods, oxygen and recreation.

Banking 52

Banking Paris Agreement Shipping Sustainable Investment 52

Corporate Knights

JULY 14, 2022

Early in our history, we were so unwelcome that on one occasion a bank chairman turned off the microphone at the bank’s annual meeting so that a church representative couldn’t ask a question. . How does this history relate to our climate change crisis and the debate over fossil fuels?

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Divestment Ethical Investment Greenwashing Negative Screening 266

Chris Hall

MARCH 15, 2024

Professor Steve Keen says asset owners should dedicate more investments to the climate transition, while prioritising scientific predictions over economic ones. Institutional investors are ill-prepared for the impending societal and economic changes likely to be triggered by climate change and have their priorities all wrong.

Climate Change 87

Climate Change Academics Net Zero Climate Scientist 87

3BL Media

SEPTEMBER 29, 2023

For financial institutions such as banks, insurance companies and investment managers, scope 3 emissions from supply chains and lending/investment portfolios are often more complex than for other industries. Clearly much more needs to be done to pivot towards more sustainable investment and lending practices.

Net Zero 147

Net Zero Divestment Banking Stranded Assets 147

GreenBiz

MAY 10, 2021

“The Emerging Leaders program provides a forum where environmentally focused youth can explore and learn about climate solutions and sustainability efforts across public and private sectors,” said Alex Liftman, global environmental executive at Bank of America, which sponsored the program at GreenFin. Sheryl Owen.

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Supply Chains Supply Chain Net Zero Green Bonds 463

3BL Media

APRIL 2, 2022

Kirsty Jenkinson Kirsty Jenkinson is the investment director for the Sustainable Investment and Stewardship Strategies (SISS) team for CalSTRS, the largest educator-only public pension fund in the world with an investment portfolio valued at over $320 billion. Prior to joining CalPERS, Ms.

Climate Change 130

Climate Change Net Zero Banking Development 130

Chris Hall

OCTOBER 20, 2023

In both the public and private sectors, this week saw incremental progress in support of sustainable investment objectives, rather than transformative changes. A selection of this week’s major stories impacting ESG investors, in five easy pieces. 

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Net Zero Banking Development Supply Chains 75

Sphera

JANUARY 10, 2022

Even after the 26th United Nations Climate Change Conference of the Parties (COP26) came to a close last November, the ESG landscape still remains unclear. Environmental, Social and Governance and sustainable finance currently are like the Wild West. The question is: How soon will this change? Changing ESG Landscapes.

Net Zero 97

Net Zero Climate Change Banking Development 97

Chris Hall

DECEMBER 13, 2023

With adaptation finance flows remaining dangerously low to meet climate goals, has COP28 made a difference? Conscious of pressure to change, MDBs launched a joint statement at COP28 on progress made on promises of better collaboration with partners and stronger climate commitments. billion fund.

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UNEP Climate Change Net Zero Development 64

Chris Hall

NOVEMBER 25, 2022

No mean achievement – This time last week we didn’t know whether there would even be a deal at COP27, let alone one dominated by an agreement to create a fund to pay loss and damages to countries suffering from the physical impacts of climate change.

Banking 52

Banking Climate Change Supply Chains Supply Chain 52

3BL Media

APRIL 19, 2022

But the sustainable investing boom has not been without growing pains. The notion that institutional and small investors can back companies that are socially responsible — or ensuring their bottom lines are safe from climate change — has been a boon for Wall Street and Silicon Valley.

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Greenwashing Sustainable Investment Global Economy Banking 130

Chris Hall

JULY 1, 2022

Eric Usher, Head of the UN Environment Programme Finance Initiative, says public and private sectors are making step-by-step progress on climate action. Sustainable finance, until recently still a niche activity, is now a mainstream strategic consideration for banks, asset managers and insurers. of emissions.

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Net Zero UNEP Greenwashing Banking 98