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Ignoring the realities of climate change — and recognizing the disparate impacts that environmental harms have on systemically vulnerable populations — compels me to continue finding collaborative solutions and frameworks that can work for us all, the "tide that lifts all boats.". Associate, Corporate Engagement at CDP. Betty Cheong.
However, the onus is now firmly on government, policy and corporate stakeholders to translate ambition into impact. Supplychain finance plays a key role in unlocking investments towards decarbonization tech and making climate action more accessible to small and medium enterprises (SMEs).
More than half (56%) of survey participants said the pandemic had brought the need for impactinvesting into sharper focus, suggesting a growing need to make investment decisions with a view to generating measurable positive impacts on people and planet.
Examples are the Swiss art 964 and the German supplychain act. Besides, although private companies are not initially in scope, they will feel pressure from their impacted customers. Given the potential reputational and workload impact of these requirements, companies in 2023 will focus on assessing what to report.
“I hope in 2023 we will start to see transition plans at every level – with companies, countries and international institutions setting out their routes towards a net zero future – give it a go and get involved.” In analysis recently prepared by non-profit CDP, of those organisations who have disclosed a transition plan, only 0.4%
In addition, these indices have mostly under-performed their equity market benchmarks over recent years and investors may be averse to further investment in the water theme as a result. Water Risk is environmental, it impacts future earnings, it is ubiquitous across all sectors AND it is wholly unaccounted for in market benchmarks.
This week in ESG news: HSBC ends financing of new oil & gas projects; EU agrees to a carbon tax on imports; Australia to introduce mandatory climate reporting for companies; Dow Jones Sustainability annual index changes released; Barclays sets $1 trillion sustainable finance goal; Annual CDP environmental scores released; Biden invests $3.7
This week in ESG news: Shell’s board of directors sued over climate strategy; UK regulator to test asset managers for greenwashing claims; Nordea ties top exec compensation to ESG goals; CDP says only 1 in 200 companies have credible climate plans; KPMG & Workiva partner on ESG reporting solutions; Aviva Investors to require climate transition (..)
Oliver Camp is passionate about food waste, which he calls a "terrible indictment of our ability to manage our food and supplychains." At SFTA, which aims to build the capacity of food companies to transition to sustainable business models, Harding has the opportunity to make even more impact. LinkedIn .
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