Sustainable finance expert Sasja Beslik says the industry is changing, but that many still see sustainability principles “as a restriction”.
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.
After a decade or more of sustainable investment in Europe, BlackRock, the world’s biggest fund manager, announced that it wants to lead the world.
The commission has called for technical advice on measures to apply sustainability risk assessments to investment decisions.
In Australia recently, shareholders filed legal action against Commonwealth Bank—it had allegedly failed to disclose climate risk accurately. Could this be the first of many such cases? How should directors report on climate change risks in the face of an uncertain future?
The final event of the ICGN’s 2017 calendar, held on 6 and 7 December, will also look at sustainability, finance and business culture.
Think-tank concludes that financial firms need to be examined for overexposure to carbon-related assets as part of governance reforms in sustainable finance.