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As COP29 nations gather to discuss climate finance targets, they should know instinctively: You can’t invest in what you can’t measure. And the race to decarbonize that supply chain is intensifying, as reports indicate the earth may already have warmed more than the target 1.5 and the urgency has been ratcheted up again.
Over the last five years for major global public companies, sustainable revenues are growing twice as fast as other revenues, and they now represent over $5 trillion of annual revenues for the 3,000 biggest companies that we track. With sustainable investment, its the same story, Heaps says. Canadian insurers Sun Life Financial Inc.
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