Banks cash in on ESG

Jay OwenSRI/ESG News, Transforming Finance

    While many banks have been condemned for contributing to the climate crisis by helping fossil fuel producers raise cash in debt markets, the banking industry as a whole is making more money from underwriting ESG-related bond sales. Banks have earned about $3.6 billion in fees in 2021 from arranging …

Cleaning up coal’s mess

Jay OwenSustainability News, Transforming Finance

  There isn’t much that Senate Minority Leader Mitch McConnell and the Sierra Club agree on, but one of those rare things is a measure that’s part of the bipartisan infrastructure package to be considered by the U.S. House of Representatives later this month that would fund $11.3 billion to remediate coal mines abandoned before …

RESHAPE GLOBAL FINANCE TO SUPPORT INEVITABLE TRANSITION TO SUSTAINABLE FOOD SYSTEM

Jay OwenSRI/ESG News, Sustainability News, Nature/Biomimicry, Transforming Finance, Latest Headlines

“Ethical Markets welcomes this progression of policy at Finance for Biodiversity, which conforms with our own research on the importance on transforming the unhealthy, polluting global food system in our Green Transition Scoreboard ® reports “Capturing CO2 While Improving Human Nutrition and Health” (2018) and “Transitioning to Science-Based Investing” (2019-2020). …

A Live, Interactive Panel on Nurturing Our Humanity

Jay OwenGlobal Citizen, Sustainability News, Beyond GDP, Transforming Finance, Latest Headlines

PARTICIPATE LIVE ON SEPTEMBER 8TH AT 11 AM PACIFIC Nurturing Our Humanity: Reuniting Care and Economics Greetings! Meridian University’s Center for Transformative Learning is hosting an upcoming live interactive Integral Voices episode on Nurturing Our Humanity. Pre-registration (free of charge) is required to receive the Zoom link and attend live. Register now to …

The $26 an Hour Minimum Wage

Jay OwenBeyond GDP, Transforming Finance

from Dean Baker That may sound pretty crazy, but that’s roughly what the minimum wage in the United States would be today if it had kept pace with productivity growth since its value peaked in 1968. And, having the minimum wage track productivity growth is not a crazy idea. The national …

Philip Kotler: Does Marketing Need Curtailment for the Sake of Sustainability?

Jay OwenBeyond GDP, Transforming Finance

“Ethical Markets agrees with marketing guru, Phillip Kotler. See my “Markets’ Problem Twins:  Advertising and Trading“, on www.ethicalmarkets.com and in KOSMOS www.kosmos.com   UPDATE “Does Marketing Need Curtailment for the Sake of Sustainability?” – Philip Kotler Marketing, a subject that I dearly love, needs to be reformulated in terms of its purpose and constraints. …

What’s $35 trillion got to do with it?

Jay OwenSRI/ESG News, Transforming Finance

  Sustainable investment assets grew to $35.3 trillion globally last year amid mounting concerns about societal inequities and climate change. That’s about $1 of every $3 managed globally seeking out a profit from environmental, social and governance concerns, according to Global Sustainable Investment Alliance’s report last month. It’s an impressive …