Remove Climate Change Remove Paris Agreement Remove Stranded Assets Remove UNEP
article thumbnail

ESG Explainer: The Blue Economy

Chris Hall

The global economy relies on the health of the ocean, says Dennis Fritsch, Project Coordinator, Sustainable Blue Economy Finance at the United Nations Environment Programme Finance Initiative (UNEP FI). UNEP FI is working towards integrating the use of sustainable finance practices in support of ocean health by the global financial community.

UNEP 98
article thumbnail

Litigation Surge Reflects Evolving Climate Duties

Chris Hall

Noting that the number of court cases being brought against companies on climate-related grounds has recently topped 2,000, the report says some plaintiffs are seeking to recover the costs of climate change itself, or the expense caused by having to adapt to it. Resort to the courts. Vital role of non-execs.

article thumbnail

ESG Explainer: Line of Duty

Chris Hall

In late April, the UK High Court ruled that charity trustees can consider climate change factors when making decisions over their investments, even if it means making lower returns. Policy reform, best practice and legal judgments are redefining the relationship between fiduciary duty and sustainable investment.

UNEP 52