‘Significant number’ of boards lack basic sustainability expertise
Only 2% of companies stand out as ‘beacons of progress’
Author: Laura Miller
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Climate risk means 45% of global CEOs see their firm as unviable in 10 years
Smaller companies are at greater risk
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S&P Dow Jones launches two SDG-linked indexes
Investors can track companies’ alignment with specific UN sustainability targets
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More than half of Luxembourg financial companies meet SFDR ‘comply or explain’ rules
ESG funds account for 67.3% of Luxembourg’s UCITS
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Greening pensions cuts carbon footprint more than stopping flying
One in seven do not realise there are differing environmental impacts across pension funds
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Apollo launches clean transition private equity fund
Focused on the transition to clean energy and sustainable industry
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MSCI: Emerging market firms shut out of sustainable portfolios by SFDR rules
Failing to meet ‘do not significant harm’ criteria
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COP28: Calls to rapidly scale adaptation finance to plug up to $366bn annual gap
Loss and damage fund ‘no replacement’ for adaptation finance
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COP28: Private sector climate finance ‘should be multiplied by a factor of 15’
Emerging economies need investment of $2.4trn a year by 2030
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Financial services DEI score drops amid ‘lack of real progress’
‘Continuous, proactive commitment from CEOs and senior leaders’ needed
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Wildlife network launches to develop financial tools
Aim to generate investment to support the transition to resilient landscapes
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COP28 wishlist: End fossil fuels, protect our oceans, and fund a renewable future
Sustainable investment professionals share what they think is vital to come out of the next two weeks