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Clean200 data show that for the large companies that make up 80% of global market capitalization, sustainable revenues and capital expenditures are growing more than twice as fast as all other revenues over the past five years. They include sustainably certified tech hardware, electric vehicles and electric rail equipment.
Originally posted on GFANZ on September 19, 2023 The Glasgow Financial Alliance for Net Zero (GFANZ) Secretariat today launched a consultation on its work to further refine the definitions of its transition finance strategies and support financial institutions to forecast the impact of these strategies on reducing emissions.
She argued that because there is no standardized definition for sustainable investment, it is harder to determine which ESG initiatives are causing a net change for the good. Pretorius and Free agreed and claimed investors will expect even more from companies than mere divestment from non-renewable assets.
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