Largest ever group of global investors call for more action to meet Paris targets | Environment | The Guardian

The largest ever group of institutional investors has called on governments around the world to urgently increase their efforts to meet the Paris climate change agreement goals.The 414 global investors – which represent US$31 trillion of assets-under-management – say they are deeply concerned about the “ambition gap” that exists between governments’ commitments and what is…

Brunel’s Stewardship Policy

We recommend Brunel’s excellent stewardship policy as a model for institutional investors everywhere. Stewardship is defined as the job of taking care of something, such as a company or property. As investors, we use the term assets. Brunel is committed to responsible stewardship and seeks to contribute to the ‘care’ of all the assets under…

Sustainability Report | Embracing Sustainability Challenge | Business Roundtable

It is encouraging to see the members of the Business Roundtable challenging each other on sustainability. Business Roundtable CEOs are embracing sustainable practices across their businesses, resulting in stronger communities and a healthier environment. CEOs are leading the way through investments, innovation and strategic decisions, toward a more environmentally and economically sustainable future.  Source: Sustainability…

IRRC on Integrated Reporting

Jon Lukomnik writes: Today’s report from SI2 and IRRCi is chock full of facts that detail the state of the art of sustainability and integrated reporting in the S&P 500. It’s definitely maturing, but fully integrated reporting is rare. 78% of S&P 500 companies issue a sustainability report. 40% of S&P 500 companies include voluntary…

Business Reaches a Turning Point – The New York Times

Once again, the business case for ESG/SDG: Over the course of a day of conversations with some of the top executives in the nation during last week’s conference — DealBook: Playing for the Long Term — a common refrain was heard, echoing the sentiments of Larry Fink, chief executive of BlackRock, the largest investor in…

A.G. Underwood Files Lawsuit Against Exxonmobil For Defrauding Investors Regarding Financial Risk The Company Faces From Climate Change Regulations  | New York State Attorney General

Attorney General Barbara D. Underwood today announced a lawsuit against Exxon Mobil Corporation (“Exxon”), alleging that the company misled investors regarding the risk that climate change regulations posed to its business. As alleged in the complaint, Exxon for years assured investors that it was accounting for the likelihood of increasingly stringent regulation of greenhouse gas…

Public Sentiment and the Price of Corporate Sustainability – Working Paper – Harvard Business School

Combining corporate sustainability performance scores based on environmental, social, and governance (ESG) data with big data measuring public sentiment about a company’s sustainability performance, I find that the valuation premium paid for companies with strong sustainability performance has increased over time and that the premium is increasing as a function of positive public sentiment momentum….

Morgan Stanley: The Business Case for Sustainable Investing

While the adoption of sustainable investing strategies are growing, there remains concern among many investors that incorporating environmental social and governance (ESG) criteria into your portfolio means accepting a lower rate of return.To move past that notion, it’s important to understand that the definition of sustainable investing has nothing to do with philanthropy, nor is…

Clean up climate change? It’s just good for business. – The Washington Post

If the world’s largest companies live up to the promises they’ve made to slow climate change, together they could reduce emissions by an amount equal to those of Germany. The corporate pledges gained new attention this week after an ominous report was issued by the Intergovernmental Panel on Climate Change, which said that government policies…

BlackRock joins with Wespath to widen its low-carbon strategy | Financial Times

BlackRock has teamed up with a US client to explore fresh ways to invest in the low-carbon economy as fund management groups hunt for opportunities that arise from the shift to sustainable energy use.<P><P>The world’s largest asset manager with $6.3tn of assets, and Wespath Benefits and Investments, which manages $23bn on behalf of the United…