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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). UNEP FI is working towards integrating the use of sustainable finance practices in support of ocean health by the global financial community.

UNEP 98
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ESG Explainer: Line of Duty

Chris Hall

In 2005, a group of investment managers organised under the UN Environment Programme Finance Initiative (UNEP FI) commissioned law firm Freshfields Bruckhaus Deringer to publish a report , ‘A Legal Framework for the Integration of ESG Issues into Institutional Investment’. How does fiduciary duty relate to sustainable investment?

UNEP 52
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Litigation Surge Reflects Evolving Climate Duties

Chris Hall

According to the UNEP Global Climate Litigation Report , more than 1,500 cases had been filed in 38 countries by July 2020. The number of cases is widely recognised as having doubled since 2015.

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Defining Sustainable Economic Systems – Development vs Growth

Richard Matthews

As indicated in a U nited Nations Environmental Program (UNEP) report on the green economy (page 16) diverse strategies for economic growth and environmental stewardship can complement one another. It does this by reforming markets to address real needs while factoring costs and stakeholder concerns.

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Turn Commitments into “Hard Numbers”, says GFANZ’s Carney

Chris Hall

Financial institutions need to segment their portfolios into transition, net zero-aligned and stranded assets and develop clear emissions reduction plans in line with recognised 2030 and 2050 targets, said Mark Carney, Founder and Co-chair of the Glasgow Financial Alliance for Net Zero (GFANZ). Heading for the exit?

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SEC Allows Climate Votes at Major US Institutions

Chris Hall

Risk of stranded assets . The shareholder proposals ask banks to fulfil the UNEP FI’s recommendations for credible net zero commitments and the IEA net zero roadmap. . at Trillium Asset Management.? “In said Kate Monahan, Director of Shareholder Advocacy?at