As COP15 in Montréal strives to protect ecosystems, investors are already showing concern about the risks to business of biodiversity loss.
Decarbonising ‘brown’ industries; funds pulled from BlackRock; the legitimacy of dual class shares; investors slow to address sustainability.
US professor slates PRI for ‘undue influence’ on the financial markets, while PRI maintains the need to inform investors on ESG.
The pandemic has underlined the importance of sustainable investing to global progress on ESG and stakeholder governance.
A total of 48% of the top 50 global investors have issued position papers on their ESG strategy, although a gap remains between commitments and reality.
Campaign group’s head of policy and research Will Martindale says sustainability is not as deeply embedded in portfolio construction as it should be.
New laws and policy instruments show that investors, policymakers and companies are recognising the “imperative of responsible investing”, says CEO.
Memorandum warns that directors’ legal obligations under the Companies Act 2006 include consideration of environmental, social and governance factors.
Non-financial reporting is a challenge for issuers, investors and standard-setters on both sides of the Atlantic. The task ahead is to develop a coherent vision and unified agenda.
Latest figures from the Global Impact Investing Network indicate significant growth in impact investing, with women and millennials credited with driving the trend.