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…
Tag: esg
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…
Mondelez International Is Fifth Major Company to Agree to As You Sow’s Request to Make All Packaging Recyclable — As You Sow
Following engagement with As You Sow and a strong shareholder vote earlier this year, food and beverage giant Mondelez International committed Tuesday to making all of its packaging recyclable by 2025. Shareholder advocacy group As You Sow has been engaging the company for several years to make its packaging recyclable, especially its multi-laminate pouches like those used…
