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DESCRIPTION: By Sara Rosner | Director, Environmental Research and Engagement—Responsible Investment and Satyajit Bose | Associate Director—Program in Sustainability Management at Columbia University. Carbonoffsets occupy a relatively small space on the spectrum of environmental, social and governance (ESG) issues.
Moreover, companies will use voluntary frameworks and surveys such as GRI, SASB, CDP, UNGC, and Ecovadis to answer requests from customers, investors and other stakeholders. Among investors, sustainableinvesting is evolving from negative screening toward engaging with companies. Sustainability trends 2023: ESG Technology.
At Ceres Global in New York City, 250+ investors and businesses launched a call for policymakers to protect the freedom to invest responsibly, following recent political attempts to frustrate sustainableinvestment practices. And UK pension provider Scottish Widows has called on the government to start regulating carbonoffsets.
Only 1% of over 13,000 corporates across 13 industries and 117 countries disclosed against 24 key climate transition plan indicators, according to a 2021 report by sustainability disclosure platform CDP. Eighty-four percent responded to less than 80% of those indicators. . Throwing down the gauntlet .
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