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SMEs Lagging on Climate Action Due to Cost, Lack of Information: Report

ESG Today

Over three quarters of small and medium sized businesses (SMEs) in the UK lack a strategy to address their climate impact, according to a new survey released by Lloyds Bank for Business, despite acknowledging the importance of sustainability. Only 15% of business owners knew how to calculate the carbon footprint of their businesses.

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Abu Dhabi, BlackRock, HSBC, others Launch Climate Finance Think Tank at COP28

ESG Today

Unveiled Monday at COP28, founding members of the GCFC include Abu Dhabi Global Market (ADGM) ADQ, BlackRock, CIFF, GFANZ, HSBC, Masdar, Ninety One, and the World Bank Group. The organization will be headquartered at ADGM. Larry Fink, Chairman and CEO of BlackRock, said: “BlackRock is delighted to participate in the launch of the GCFC.

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This Week’s People Moves: BTPS Creates New Roles to Deliver 2035 Net Zero Strategy

Chris Hall

UK-based BT Pension Scheme Management (BTPSM) has created two new roles within its funding and fiduciary services team to help implement its 2035 net zero strategy. Nahar will lead BTPSM’s investment research team, focusing on top-down investment strategy, quantitative analytics and portfolio design.

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AllianceBernstein: Investing Lessons From Climate School, Class of 2023

3BL Media

To close this financing gap, we need governments and state entities to play a major role, as well as development banks, commercial banks, private equity investors and public markets. This speaks to the growing trend of precision agriculture, which is mostly about leveraging data analytics and cloud-based tools.

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Bloomberg 2023 Impact Report: Supporting Climate Action

3BL Media

We provide data, analytics, indices, news, insights and expertise to investors, lenders, companies, policymakers and citizens seeking to address climate challenges and consider climate factors when making crucial business and investing decisions.

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This Week’s Tech and Tools News: OS-Climate Introduced Climate Crisis Tools

Chris Hall

Truman Semans, OS-C’s CEO, said: “These tools will generate the refined data and actionable insights needed for pension funds, asset managers, and banks to rapidly align their investments and loans to net zero and resilience goals.” . The data being harnessed will enhance ICE’s global sustainable finance offering.

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5 Must-Have Capabilities for Sustainability and ESG Software

Sphera

Growing demand for more accurate carbon emissions data and greater transparency around climate-related risks and opportunities has ushered in a moment of truth. . The best approaches must include effective data management, accurate workflows, analytics capabilities and specific disclosure scope.