When it comes to sustainable finance, we’re still on the frontier of the Wild West. It’s a place of untold potential, romance, chaos and the vast unknown. As the climate crisis unfolds, interest from investors in this fertile ground is reaching fever pitch. Yet the current green rush has the potential to turn into a
The World Economic Forum’s Global Plastic Action Partnership sat down with Audrey Choi, Chief Sustainability Officer and CEO of
If you have gone to Goldman Sachs Group Inc’s internet home page since mid-December, it would be reasonable to wonder if you had stumbled into some kind of parallel universe. Visitors are met with a background of lush greenery, along with a banner headline: “Our Commitment to Sustainable Finance.”
The company recently announced a $750 billion,
Sustainable finance ended 2018 on a high. Never before has so much capital been committed to integrating environmental, social and governance (ESG) factors. But financial markets also entered an unnerving cycle. If we are not careful, growing financial turbulence could divert attention away from the urgent need to scale up investment in climate action and
Parts of London were brought to a standstill by the Extinction Rebellionlast week. The protesters seek to bring to the public’s attention the ticking time bomb that the human race faces by not addressing climate change seriously or quickly enough. The Extinction Rebellion is more an orderly assembly of
Sustainable investing, previously a niche specialisation, has become increasingly commonplace in recent years. Globally, more than a quarter of professionally managed assets are now invested according to environmental, social and governance (ESG) principles. In addition, many mainstream financial institutions are publicly committing to sustainable investing as the way forward. Investors can choose from a wide range
At the beginning of July, the European Parliament voted in favour of creating a label for social enterprises. The 77% majority sends a strong signal that Europe is ready to give further recognition of social and solidarity-based enterprises. The vote came after the European Parliament Committee on Legal Affairs and the Committee on Employment and
Jackie Robinson, an American professional baseball player who became the first African American to compete in Major League Baseball once said ‘A life isn’t significant except for its impact on other lives’. Impact is nowadays a quintessential component of our society and more recently, the recurring mantra for investors, who rank it at the same level of importance as returns. Impact investment per