article thumbnail

Fidelity to Vote Against Companies That Don’t Meet Deforestation-Related Expectations

ESG Today

Jenn-Hui Tan, Chief Sustainability Officer, Fidelity International said: “The loss of natural capital is a systematic risk to capital markets, and as such, prioritising and contributing to the health and preservation of our biodiversity and ecosystems is essential. ”

article thumbnail

Morgan Stanley will measure CO2 impact of loans and investments

GreenBiz

"We are excited to join PCAF and to support the important work they are leading to build a methodology for global banks' efforts to track and measure climate change risks," said Audrey Choi, Morgan Stanley's chief sustainability officer and CEO of the Morgan Stanley Institute for Sustainable Investing.

Banking 440
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Let the Climate Finance Flow

Chris Hall

At COP26, the Glasgow Financial Alliance for Net Zero ( GFANZ ) declared a sector-wide commitment of US$130 trillion – a number that has increased over the year to US$150 trillion – of private capital to transition the global economy to net-zero greenhouse gas emissions. On this critical issue, there has been no absence of good intent.

article thumbnail

ESG Overload 

Chris Hall

UK asset owners are feeling the squeeze from sustainability reporting, but they are working on ways to ease the pinch. The UK hosted COP26 in 2021 and, therefore, wanted to be viewed as a climate leader. “It It was easier to push on pension funds’ door than on asset managers’ door,” one organisation told ESG Investor.

article thumbnail

Biden’s Climate Ambition Weathers a Political Storm

Chris Hall

“The passing of the IRA sends a long-term signal to the investment market that the US is unambiguously committed to moving towards a clean energy future,” Bryan McGannon, Director of Policy and Programmes for the US Sustainable Investment Forum (US SIF), tells ESG Investor. .