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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). trillion annually, has attracted just US$13 billion in sustainable investment during the past decade.

UNEP 98
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ESG Explainer: Line of Duty

Chris Hall

Policy reform, best practice and legal judgments are redefining the relationship between fiduciary duty and sustainable investment. 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.

UNEP 52
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Defining Sustainable Economic Systems – Development vs Growth

Richard Matthews

Our economic system has failed to address long-standing threats like climate change, biodiversity loss, disease, water scarcity, and inequality. Current economic paradigms are myopically fixated on growth and this is not sustainable. However, it remains focused on profit maximization.

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SEC Allows Climate Votes at Major US Institutions

Chris Hall

Shareholders at other North American banks – including Bank of America, Goldman Sachs, Wells Fargo, Bank of Montreal and TD Bank – have also filed proposals asking for lending and financing policies consistent with the IEA’s scenario for limiting climate change to 1.5 Risk of stranded assets . degrees Celsius.