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Singapore Central Bank Guides Investors, Banks to Avoid Divestment Approach to Net Zero

ESG Today

According to MAS, withdrawing financing, insurance or investment from higher climate risk-exposed companies with credible transition plans could deprive them of the financing needed to decarbonize. A large part of the global economy depends on such activities for growth and jobs.

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This Week’s Fund News: Federated Hermes Partners with UK Museum on Biodiversity

Chris Hall

The negative impacts of biodiversity loss pose a systemic risk to the global economy and we must stop taking nature’s permanence for granted,” said Kukuljan. “We This would calculate the area’s ‘intactness’, which is the percentage of the area’s natural ecological community that still persists there.

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Three steps to reduce emissions while restoring nature

We Mean Business Coalition

A PWC survey published last week revealed that a majority of global CEOs expect climate change to have some degree of impact on their business in the next 12 months, particularly on their cost profiles and supply chains.

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Take Five: From America to the World

Chris Hall

In other US climate-positive news, the Biden administration recently awarded US$4.3 We] are committed to positioning [our countries], and the Indo-Pacific region, to benefit from this shift.”

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Asia’s Banks Should Not Follow US Peers

Chris Hall

The NZBA and the Net Zero Asset Managers Initiative (NZAM)were designed to hold financial institutions accountable for their climate commitments while advancing the energy transition and global decarbonisation efforts. The withdrawal of these influential banks raises the risk of other institutions deprioritising their climate goals.

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