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Preparing for the Double Materiality Assessment: The Next Step in CSRD Reporting

3BL Media

Where our previous post provided an overview of the CSRD and who it affects, this piece focuses on the concept of 'double materiality', one of the most important changes to the reporting process under the new regulation. We explain what this means, why it's important, and how companies can prepare for it.

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Which banks are financing the clean energy transition?

Corporate Knights

The 2022 Sustainable Banking Revenues Ranking shows global bankers are off to a slow start, but over time it will help guide consistency of reporting and provide an ongoing window into bankers’ progress in meeting the world’s Paris Agreement commitments. .

Banking 360
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ESG Acronyms and What They Mean

3BL Media

General sustainability definitions Climate risk Two types of climate risks exist, transition risks and physical risks. According to the EPA , transition risks are related to the transition to a lower-carbon economy, while physical risks are associated to the physical impacts of climate change.

UNSDG 147
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4 ESG trends to watch in 2022

Carlos Sanchez

A court forced Shell to reduce emissions, an activist investor forced ExxonMobil to replace three board members better suited to fight climate change, and Chevron shareholders voted against their board to achieve faster-cut carbon emissions. Complex Supply Chains designed to run efficiently failed under the pandemic.

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From Ambition to Delivery

Chris Hall

The transition to a low carbon economy has begun, but constant pressure will need to be applied to all stakeholders to drive financial capital towards projects and solutions supporting climate change mitigation and adaption. Evidence to date suggests that governments, companies, asset managers and asset owners are not doing enough.

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This Week’s Fund News: Man GLG Fund for Sustainable Water, Circular Economy

Chris Hall

UBS Asset Management and insurance firm Aon have co-developed the USB Global Equity Climate Transition fund. It will target companies that are well-positioned for the transition to a low-carbon economy and aligned with the goals of the Paris Agreement.

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Analyzing Carbon Offset Markets’ role in our journey to a net-zero world

Carlos Sanchez

Carbon offset markets have always been complex and controversial instruments to fight climate change. Climate science is clear. We need to cut greenhouse emissions rapidly in this decade to avoid the catastrophic and unpredictable effects of climate change. Introduction. Carbon Offsets Markets size. Conclusions.