Ethical Markets Media Certified B. corporation released its annual Green Transition Scoreboard for 2019-2020, tracking private green investments since 2009, now a cumulative $10.387 trillion. New capital continues expanding Earth-saving clean energy, green construction, corporate R& D and widening the healthier global plant-protein food sector.
‘TRANSITIONING TO SCIENCE-BASED INVESTING: 2019-2020” updates our continual research from scientists on these tectonic shifts affecting mainstream financial markets and their portfolios of “stranded assets” beyond fossilized sectors. We identify a class of hidden financial risks in “science-denial“. These risks lie in disruptive progress of scientific research revealing obsolete processes, externalized costs over-hanging balance-sheets, for example: big polluting, livestock-based meat producers and sellers. Earth systems science- focused research is driving the growth of plant-based food companies offering healthier choices, while reducing livestock’s 15% of climate-changing greenhouse gas (GHG) emissions, waste and pollution of land and water.
While science-denial is driving financial risks, the report indicates that science-based investing is the latest model, with many start-ups headed by scientists. This new model is essential to mainstream finance, beyond conventional anthropocentric models from obsolete economic textbooks. These include financial concepts, formulas still encoded in algorithms driving indexes, ETFs, benchmarks and similar herd-behavior driven financial models of narrow market risks and rewards.