by Jaxon Love, Global Lead, Environmental Sustainability
Multimedia with summary
This year marks the 50th anniversary of Earth Day. Given the current environment, many of us may be inclined to skip the April 22nd occasion, but the COVID-19 crisis should not deter our focus and the opportunity to shine a light on the threats and challenges facing our planet. While we must continue to recognize and support our political leaders, medical workers, first responders, and everyday people as they take unprecedented measures to control the virus outbreak, we must also look toward the future to ensure a healthy, thriving planet.
Is the accurate measurement of outcomes a pre-requisite for impact investing, or does too much focus on the precision of measurement act as a barrier to progressing the wider impact story?
We are experiencing a transition to an era where total social benefit is becoming an increasingly important metric for the perceived value of products and services. Consequently, the investment industry is risking its enduring relevance and credibility by assessing and subsequently rewarding success through solely financial metrics.
GRI welcomes continued commitment to achieving the EU Green Deal
April 17, 2020 /3BL Media/ - The ‘bold leadership’ shown by the EU in re-committing to the European Green Deal, even as the coronavirus pandemic is being tackled, has been recognized by GRI chief executive Tim Mohin.
What started as a cost-efficiency endeavor has now become a primary method of enhancing governance required by regulators.
There’s no escaping ESG in investing today, whether you’re the asset owner, the asset manager, or an intermediary. Governance (the G) may be the most pervasive of the three in the day-to-day business of investing, particularly when it comes to transparency. Regulators have made it mandatory to some degree, and asset owners press asset managers for ever greater amounts of it beyond that demanded by law. Intriguingly, the most profound effects of governance could be those on outsourced trading.
As the world struggles to contain a rapidly spreading pandemic, hundreds of thousands of people are fighting for their lives and the global economy is in danger of lurching to a halt — putting billions of livelihoods in danger.
As Ceres publishes its annual ranking of asset manager proxy voting on climate-related shareholder proposals for 2019 in the table below, we hope this data is helpful to asset managers and individual investors preparing for the 2020 proxy voting season.