Finance & Investment
The latest in the spheres of socially responsible investing, impact investing, and other ways investors and shareholders are asserting their desire for ethical investment options.
BNP Paribas, JetBlue to Close Aviation Industry’s First ESG-Linked RCF
JetBlue’s amended $550 million RCF includes a “sustainability-linked” provision, to align its strategic initiatives with its environmental, social and governance (ESG) performance goals — which the airline has been doing for years, in various ways.
Jeff Bezos Launches $10B Earth Fund to ‘Preserve and Protect the Natural World’
The Amazon CEO, historically silent on the climate change issue and his company’s role within it, announces his personal vested interest — but critics and Amazon employees want more.
Q&A on LTSE: SASB Founder Jean Rogers on the First Legally Binding, Sustainable Stock Exchange
Created by some of the brilliant minds who built the Sustainability Accounting Standards Board (SASB), the Long-Term Stock Exchange is a first-of-its-kind exchange that invests in companies focused on long-term value creation, while requiring the listed companies to report on their sustainability.
Don’t You (Forget About P)
Every product (P) has an impact on the consumer and society. Yet it appears that what all ESG ratings fail to do is evaluate the impact on the positive and negative externalities of a company’s P. While ESG looks at operational aspects of a business, P is the part that ESG seemingly forgot.
Big Finance Is About to Unify Its 3 Distinct Sustainability Brands
To profit from sustainability, financiers first must be set free from the current profit-and-risk framework; so they, too, can see the infinite possibilities that lie beyond a carbon-based economy.
Powering Inclusive Growth from the Ground Up
As the digital age ushers in a ‘new generation of inequalities’ around information, technology and education, the private sector must play a pivotal role in connecting people to the resources and networks they need to get by and get ahead in a changing economy.
BlackRock Responds to Demands for Stronger Climate Action with Bold New Commitments
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.
Happy Birthday, GRI — Time Now to Put the Horse Before the Cart
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.
Sea Change: How to Spark Sustainable Innovation in an Old-School Industry
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.
Trending: Public-Private Partnerships Foster Solutions for Climate-Resilient World
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.
Mastercard, Clothing Giants Partner to Help Garment Workers Secure Financial Futures
By partnering with companies with labor-intensive supply chains, Mastercard is creating digital solutions to give workers more control and transparency over their earnings and savings.
With Less Than 4,000 Days to Go, Business Contribution to SDGs Falling Woefully Short
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.
UPDATE: Salesforce’s Sustainability Cloud Empowers Business to Drive Impactful Climate Action
Salesforce reinforces sustainability commitments at UNGA and Climate Week NYC with stakeholder engagement, STEM investments, and a new carbon accounting product.
Blockchain and the Climate Crisis: Beyond the Hype
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.
Sustainable Investors Representing $90T Rally to Fight Amazon Fires
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.
Morgan Stanley Impact Quotient™ Offers Sustainable Investing Analytics, Reporting
The Morgan Stanley IQ application gives wealth management clients new customizable insights into the social and environmental impact of their investment portfolios.
Report: Food Giants Capitalizing on Consumers’ ‘Appetite for Disruption’
$5.3 trillion investor coalition reports on how global food companies including Tesco, Carrefour and Nestlé are responding to consumer demand for alternative proteins
How Investors Can Effectively Select an Investment Manager to Measure ESG
Here are a few preliminary steps asset owners should take when beginning the search for an investment manager that integrates ESG.
Investors Lose Patience with Companies’ Lack of Environmental Disclosure
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.
SustainAccounting Launches World’s First Triple Bottom Line Certification
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.