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The climate crisis, and the necessary transition to a net-zero economy, exacerbate the risks to people across the value chain, whether in the form of lost livelihoods from extreme weather events and rising temperatures, or loss of employment from a rapid shift away from carbon-intensive practices.
From how businesses chose to respond to the COVID-19 pandemic to the escalating outcry over racial justice to the increasing urgency around climatechange, there is much for companies to answer for this year. The 2021 proxy season is officially here — much awaited after the tumultuous events of 2020. Stand by for more. Pull Quote.
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The kick-off article to this series shared a startling statistic: Forty percent of the world’s population is highly vulnerable to the effects of climatechange, and most of the people in this group live in the countries least responsible for causing it. Companies can also look beyond their own walls for innovative ideas.
Experts have backed United Nations Development Programme’s (UNDP) call to recognise the interconnectedness of environmental and social-related issues in tackling climatechange.
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.
COP26, the 26th UN ClimateChange Conference , has just ended. It was supposed to be ‘the next big and significant one’: the great follow-up to COP21 five years ago, the outcome of which was the Paris Climate Agreement, the first binding international treaty on climatechange. By Steen Vallentin. ? 7 min read ?.
by Anna Smukowski of Enterprise Community Partners and Laura Mixter of LISC Climate issues are community development issues and vice versa. Those in community development finance must address the impacts of climatechange in order to meet impact goals for economic opportunity and growth.
KeyBank is committed to leveraging its our expertise, relationships, market influence, and resources to help address the pressing challenge of climatechange. Key is proud to announce a five-year pledge to finance or facilitate $38 billion to address climatechange and support green initiatives by year-end 2026.
According to Polman, businesses today are called upon to help find answers for the two major challenges we are facing: climatechange and growing inequality. According to Polman, companies should put themselves on the front line and support governments that cannot solve these problems alone.
For years, communications firm Shelton Group has been gathering data about "fringe" consumers through intensive, manual social media analysis about both environmental and socialsustainability. Here are a few key takeaways.
We take a broad, interconnected view of resilience – one that includes and links our environmental goals to reduce carbon emissions, our leadership in sourcing ingredients more responsibly, and our commitment to socialsustainability and human rights across our value chain. All the different elements can and must reinforce each other.
As part of our continued commitment to the future and in line with our strategic ambition to lead the sustainability transformation, we have taken a holistic approach across five interconnected areas where we can contribute the most: food systems, circularity, climate, nature, and socialsustainability.
This concept describes how corporate information can be important both for its implications about a firm’s financial value, and about a firm’s impact on the world at large, particularly when it comes to climatechange and other environmental impacts. executives say their organization is increasingly focused on socialsustainability.
The offering comes as issuances of green, social, sustainability and sustainability-linked (GSSS) bonds have grown to a record share of global bond volumes , reaching 16% of the overall market in Q3 of 2022. The Excluded Project category also includes nuclear power generation and hydropower plants larger than 25 MW.
This free downloadable resource helps businesses engage in reflection, learning, and action around climate justice. The toolkit includes a Climate Justice Reflection Challenge, glossary, and calls to action. ClimateChange 4. How to empower marginalized voices in climate decisions. Sustainable Finance 10.
Benefits of a social impact strategy High performing organizations align their social impact strategies with the United Nations Sustainable Development Goals (UNSDGs) which were set up to address numerous global issues including climatechange, poverty, hunger, clean water, and gender inequality [1].
While Moody’s expects the SLB market to continue to face challenges from investor scrutiny over issues such as the credibility and robustness of the bonds’ linked sustainability targets, the report notes that longer-term support for the instruments may emerge from continued innovation and standard setting in the segment.
1 The company also reported on ClimateChange and, for the first time, Water Security. He continues: “Our approach to nature is closely linked with our ambitions on climate, circularity, socialsustainability and food systems.
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.
In addition to its new climate finance goals, aimed at boosting the region’s response to climatechange, key focus areas outlined by the ADB’s new roadmap target development issues including private sector development, regional cooperation and public goods, digital transformation, and resilience and empowerment.
Just as environmental and economic sustainability require careful preservation and use of natural and financial resources, people sustainability requires treating people and human potential as precious resources that must be supported and valued to drive resilience and agility — and the future we all wish to see.
However, if we don’t also address multiple other climatechange indicators, such as biodiversity loss and water shortage, when we look up from the emissions there will be nothing left, and the emissions challenge will be impossible to address if our carbon sinks (forests/coral reefs/peat bogs) are lost. Action is needed now.
The economics support sustainability One of the reasons for optimism in 2025 is because many of the actions we want to encourage are already supported by the economics. Way back in 2011, I worked on a report for the Institutional Investors Group on ClimateChange (IIGCC) looking at the design of investment grade policy.
Leading by Example Our annual Chairman’s Sustainability Awards offer another way for us to recognize the exemplary contributions made by our manufacturing facilities and operating divisions in three key categories: Environmental, Safety and SocialSustainability. Making a Positive Impact: Conroe, Texas (U.S.)
Sustainability bonds and loans achieve scale One of the greatest challenges for the impact ecosystem has been the creation of scalable instruments that can attract institutional investors into projects that create financial returns alongside environmental and societal benefits.
The assessment will be used to identify the value of conservation and carbon, which contribute to climatechange mitigation efforts, build climate resilience, protect biodiversity and ecosystem services, support livelihoods, and respect community rights and access to resources and cultural values.
With the escalating risks of volatile geopolitics and climatechange looming over our heads, this dependence makes humanity unacceptably vulnerable. Major food manufacturers know that formulating their products with fonio can help them achieve their environmental and socialSustainable Development Goals.
Whether it is on climate, quality of life or cybersecurity, BSI will be responding to these needs as a trusted partner for organisations looking to accelerate progress towards a sustainable, ethical and digitally safe world. Climatechange is something we take very seriously and is a consideration for all those we work with.
US SIF Foundation biennial trends reports smaller share of assets managed sustainably, due to methodology, regulatory changes. This is the first time that climatechange has been the top criterion for US asset owners, applied to US$3.96 We see climatechange as a predominant specific factor.
Finance inflows are urgently required to implement adaption techniques and strategies needed for EMs to withstand the effects of climatechange, according to Berit Lindholdt-Lauridsen, Senior Operations Officer at the International Finance Corporation (IFC). . billion last year, with a YoY growth of 941%. .
Under the proposed requirements, Main Market and ACE Market issuers will be required to: disclose prescribed “common sustainability matters” and indicators that are deemed material for firms across all sectors. provide climatechange related disclosures that are aligned with the TCFD Recommendations.
Last month, Australia’s House of Representatives passed the country’s first climatechange legislation in more than a decade. The climate bill includes national targets of cutting emissions by at least 43% by 2030 from 2005 an increased investment in renewable energy projects. which has now been approved by federal parliament.
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).
Sturgeon joins from consultancy firm Mott MacDonald, where she worked as the Regenerative Design and ClimateChange Practice Lead for the APAC region. Amanda Sturgeon has been appointed CEO of Built by Nature , a network and grant-making fund founded by the Laudes Foundation to accelerate timber building across the UK and Europe.
Social bond issuance picked up significantly in 2020 as governments implemented large support programmes and allocated bond proceeds to address the health crisis caused by Covid-19. In addition, this helps develop sustainable finance in their home markets. We expect continued growth and diversification in this sector.
Speaking at the event, UN ClimateChange Executive Secretary Simon Stiell noted the risks of desertification across the continent, which is claiming 4.4 Other areas – specifically concerning food and energy – were already being debated at this week’s African Ministerial Conference on the Environment. million hectares annually.
In this article, we will explore various aspects of sustainable forestry certifications, including the certification process, objectives, audits, and the importance of continually raising the bar for environmental and socialsustainability in the forestry industry. What is a sustainable forestry certification?
As one of the world’s largest economies, China has a major role in enhancing global trade and fighting climatechange. To do this, the country has to work on making its supply chains more environmentally and sociallysustainable.
And I’m glad I stuck with it, because here we are, the seriousness with which society is taking sustainability. They see the impacts of climatechange. Because I’ve always been passionate about, you know, we can’t have sustainability without socialsustainability, without justice for people, too.
Under the proposals , part of the watchdog’s consultation on Sustainability Disclosure Requirements , there will be three categories of labels for sustainable investment products. Our societies can no longer accept greenwashing.”. The post UK Green Labels to Raise Fund Standards appeared first on ESG Investor.
While all our thoughts are with Ukraine, many will be hoping for some renewed focus on global sustainability next week, with the release of Working Group II’s contribution to the Sixth Assessment Report of the Intergovernmental Panel on ClimateChange.
New guidance has clarified that UK-based charity trustees can consider ESG-related factors in their investment decisions but falls short of inspiring increased sustainability-focused ambition from the sector.
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