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SUMMARY: James Mandel, Blackstone’s Chief Sustainability Officer, and Jake Shirmer, a Principal in Portfolio Operations, explain why tracking greenhouse gas emissions is neither greenwashing nor a compliance checkbox. Rightly understood, then, tracking GHG emissions is neither greenwashing nor a compliance checkbox. link] $BX #GHG.
In this environment the most successful future companies will be those that are positioned to both help decarbonise the globaleconomy and thrive in a post-climate law economy. These pressures are becoming tangible financial issues. The post Investing Beyond ESG appeared first on ESG Investor.
Given the immense sustainability challenges we face and the resulting quest toward a sustainable transformation of the globaleconomy, this should warrant some self-examination amongst investors in terms of their related spending.
The globaleconomy, as it stands today, is clearly not yet geared towards sustainable development and the main global benchmarks reflect this. This would be nearly double the 1.5°C Creating confusion.
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