Remove Development Remove Global Economy Remove Stranded Assets
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CDP Adds Reporting on Plastic-Related Impact and Risks to Disclosure System

ESG Today

Cate Lamb, Global Director for Water Security at CDP, said: “To be able to act effectively, companies must develop a robust understanding of how they contribute to the plastic pollution crisis and formulate equitable and just transition plans to address this.

CDP 137
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Current State of Water Stewardship Practices: Top 5 Questions Answered

3BL Media

The CDP Global Water Report (2020) informs us that, when it comes to water security, “The cost of inaction is five times the cost of action.”. CDP and Planet Tracker’s High and Dry: How Water Issues Are Stranding Assets , May 2022 report recognizes that “Water risk is already stranding assets across major sectors of the global economy.”.

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Canada to Phase Out Public Fossil Fuel Financing

ESG Today

Canada’s Environment and Climate Change Minister Steven Guilbeault said: “By eliminating inefficient fossil fuel subsidies, we are encouraging smart and efficient government investment decisions that can increase Canada’s competitiveness in a decarbonizing global economy, while avoiding creation of stranded assets.

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Let Experts Lead Engagement

Chris Hall

This is, presumably, what the new BlackRock and State Street stewardship programmes offer: the opportunity to have their voices heard at the companies whose business plans will make a meaningful difference to achieving global climate goals and the sustainable growth of the global economy.

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“Huge Disconnect” Between Financiers and Scientists on Climate Risk  

Chris Hall

A groundswell of concern is developing around the soundness of economic research used to underpin climate-related risk and investment models.

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Decarbonising Investment Portfolios on the Journey to Net Zero

3BL Media

Financial organisations thus have a major role to play in the decarbonisation of the global economy, yet it is estimated that since the Paris Agreement in 2015, the 60 largest banks have instead invested $5.5 When developing an investment decarbonisation approach aligned with +1.5°C trillion USD in fossil fuels.

Net Zero 113
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Creativity and Collaboration Vital to Finance Nature

Chris Hall

Mobilising new capital and working to re-direct existing capital is a vital part of efforts to create a Brazilian – and global economy – that is fit for the long term. It’s part of our fiduciary duty to be at the forefront of efforts to scale up and re-allocate capital. Yet the world is changing.