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Blue Zone events: WATER RESILIENCE AND CLIMATECHANGE. This SVA framework, designed to evaluate the effects of climatechange on water resources—from supply chains to distribution networks—has been applied in over 800 locations globally.
Experts have backed United Nations Development Programme’s (UNDP) call to recognise the interconnectedness of environmental and social-related issues in tackling climatechange.
ECB Executive Board member Isabel Schnabel, said: “We need a better understanding of how climatechange will affect the financial sector, and vice versa. The new data sets cover three areas, including sustainable finance, financed emissions, and the impact of physical climate risks on loan and security portfolios.
For the report, Sustainable Fitch examined the green, social, sustainability and sustainability-linked labeled bonds rated by its ESG Ratings service, with a focus on the instruments’ Use of Proceeds’ contribution to green and social impact, and the level of transparency and ambition in project or target selection.
In addition to consumer sentiment rankings for sustainability across 18 categories, the Report found that, for consumers, a combination of environmental sustainability and socialsustainability is required to influence brand reputation. It’s crucial that brands understand the value that sustainability brings.
These KPIs will ensure that the key priorities of the bank are mainstreamed, including topics relating to climatechange, such as greenhouse gas emissions and social inequality,” said Sabogal Reyes. But not all things are equal when it comes to climatechange financing, particularly in emerging markets (EMs).
In recent weeks, Bloomberg has announced the launch of the Bloomberg Global Aggregate Green, Social, Sustainability Bond Indices , while MSCI unveiled a suite of indices under the Climate Action banner. Not to be left out, S&P Global launched “a new family of climate-focused market benchmarks”.
Diversity and inclusion (D&I) is just as much a global priority as climatechange,” says Alison Lee, Responsible Investment Manager at London CIV, one of eight UK local government pension schemes. . US large-cap companies with ethnically diverse boards logged an average 1.5%
Kenneth Lamont, Senior Researcher at data and analytics firm Morningstar, acknowledges EUGBS is another milestone on the road towards the formalisation of sustainable investing in Europe. Its prescriptive nature and rigidity, could inadvertently create friction, thus stifling the development of the sustainable debt market.
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