CEO Larry Fink has called for “a fundamental reshaping of finance” in response to the climate crisis, but BlackRock remains the largest investor in fossil fuels and the companies driving deforestation around the world.
The timing is right for taking concrete steps to standardize a set of generally accepted triple-bottom-line accounting principles, and for making GRI and other
reporting standards stronger than they’ve ever been before.
Many people and organizations, as well as broad market and social trends, contributed to sustainable seafood’s arrival at this place. Everyone who engaged helped build the network; and because they did, our oceans and plates are going to be healthier.
The Global Innovation Lab for Climate Finance has launched six new financial instruments for climate-related projects in developing countries; while the World Economic Forum has convened public and private partners to launch the Coalition for Climate-Resilient Investment.
Despite some progress since the goals were launched in 2015, advancement over the past four years has been stifled due to socioeconomic, geopolitical and
technological uncertainties, hindering CEOs’ sustainability efforts.
Blockchain’s full potential cannot be forecast with certainty. Yet, in a messy world where various parties struggle to gain enough good faith to work together on solutions, systems that engender trust will lay the foundation for progress.
The world’s largest responsible investor group is campaigning to end the manmade
fires raging through the Amazon, as latest assessment reveals increased
deforestation since the 2014 New York Declaration on Forests.
Investors with nearly $10 trillion in assets are targeting over 700 companies that are not transparent enough about their environmental impact, and pushing them to disclose this information through CDP. This is the first time that CDP is reporting publicly on its Non-Disclosure Campaign.
At the heart of the Certified TBL program is its advocacy of multicapital- and context-based Triple Bottom Line accounting, still new to most organizations but rapidly emerging as the gold standard for measurement and reporting.
Bank’s third environmental commitment is designed to advance solutions to issues aligned with the SDGs — including sustainable energy and transportation, climate resiliency, clean water and sanitation.