Four Trends Shaping Sustainable Finance’s Future in 2024

Tommy MalettaReforming Global Finance, Beyond GDP, Transforming Finance, Latest Headlines

By Eugene Ellmen, Corporate Knights Will banks keep cheerleading fossil fuels while renewable stocks make a comeback? Eugene Ellmen shares his finance forecast. Temperature records were broken month after month in 2023, pushing governments around the globe to promise to triple their renewable-energy capacity and transition away from fossil fuels …

First Roadmap for Financiers Implementing a ‘Just Transition’ Launched at COP28

Tommy MalettaReforming Global Finance, Beyond GDP, Latest Headlines

By Sustainable Brands The new guidance will support the global financial sector in embedding just-transition practices in their operations to ensure a climate transition that leaves no one behind. Sunday at COP28 in Dubai, UNEP FI and the International Labor Organisation (ILO) released Just Transition Finance: Pathways for Banking and Insurance — the first roadmap for the financial sector …

New Carbon Accounting Alliance Seeks Industry Standardization, Regulation to Support Net-Zero Transition

Tommy MalettaReforming Global Finance, Beyond GDP, Transforming Finance, Latest Headlines

Sustainable Brands The launch includes a call to action for organizations worldwide to use the tools of carbon accounting to drive transition plans and direct emission reductions. Climate-action solutions providers Planet Mark and ClimatePartner have joined forces to launch the Carbon Accounting Alliance (CAA) — to enable greater oversight and professionalization of carbon accounting, to accelerate …

UK Must Offer Businesses Certainty Over Green Energy, says Boss of FTSE 100 Firm

Tommy MalettaReforming Global Finance, SRI/ESG News, Beyond GDP, Latest Headlines

By Jasper Jolly, The Guardian Miles Roberts of packaging-maker DS Smith warns manufacturing will decline unless government provides clarity about decarbonisation. The UK risks seeing its manufacturing sector fall behind rival economies if the government does not offer certainty over policies on shifting to green energy, according to the head …

Connecting the Dots: Digital Tools Helping Companies Tackle Scope 3 Emissions

Tommy MalettaReforming Global Finance, SRI/ESG News, Beyond GDP, Latest Headlines

By Max Winograd, Sustainable Brands Quantifying scope 3 is undeniably daunting. But the Partnership for Carbon Transparency is working to create the ‘internet for emissions data’ — which would set a common framework for all organizations to seamlessly connect, exchange and derive insights from emissions data. When it comes to …

California to Require Big Firms to Reveal Carbon Emissions in First Law of its Kind

Tommy MalettaReforming Global Finance, SRI/ESG News, Beyond GDP, Transforming Finance, Latest Headlines

By Dharna Noor, The Guardian Measure signed into law by Gavin Newsom on Saturday is strong blueprint for national climate accountability, experts say. A groundbreaking California law will force large companies doing business in the state – including major global corporations – to disclose their planet-heating carbon emissions. The measure, signed into …

We are Being Poisoned Every Day, so Why Do We Keep Voting for More pollution? Ask a Lobbyist

Tommy MalettaSRI/ESG News, Global Citizen, Beyond GDP, Latest Headlines

By George Monbiot, The Guardian The dirty industries that dominate politics deceive us into accepting dangerous pollutants such as ammonia as part of life There are some things we rightly find intolerable, such as the possession of poorly trained, aggressive dogs. There are other things, whose impacts are many thousands …

Beyond ‘Carbon Neutral:’ Refining Corporate Carbon-Credit Claims

Tommy MalettaReforming Global Finance, SRI/ESG News, Beyond GDP, Transforming Finance, Latest Headlines

By George Favaloro, Sustainable Brands With the explosive growth of the voluntary carbon market came concerns around carbon-reduction claims lacking clarity or being misleading. Several refined claims frameworks have emerged to bridge these gaps. Historically, companies relied on carbon credits to bolster claims of Carbon and Climate Neutrality; using these …

At Long Last, There’s a Metric for Quantifying the Monetary Value of Sustainability Investments

Tommy MalettaReforming Global Finance, SRI/ESG News, Beyond GDP, Transforming Finance, Latest Headlines

By Tom Idle, Sustainable Brands Astanor Ventures’ Impact Multiple on Investment methodology translates the expected and realized benefits of invested-in products or services into monetary terms — helping investors make more informed, strategic decisions. Anybody working in sustainability is only too aware how crucial impact measurement is to maintaining performance. …