Interviewed by Cliff Feigenbaum, GreenMoney Journal
Welcome to the latest in the 'GreenMoney Interviews' series. Recently I spoke with Liesel Pritzker Simmons of Blue Haven Initiative, as part of our new "Millennials and Money" issue. Liesel oversees an impact investing portfolio structured to generate financial returns and address social and environmental challenges.
A task force led by Michael Bloomberg and backed by Mark Carney has urged companies to disclose to investors the impact of climate change on their businesses.
The governor of the Bank of England and the billionaire media owner are behind a new set of recommendations designed to give investors, lenders and insurers a better idea about how climate change will affect individual businesses.
This originally appeared in Bloomberg Markets Magazine
Getting a handle on environmental, social, and governance information has become more crucial for investor relations officers and other corporate executives. A lot of money is invested in accordance with ESG-related guidelines these days. The 1,380 institutions that have signed the United Nations’ Principles for Responsible Investment, for example, oversee $59 trillion of assets.
Bloomberg collects Environmental, Social and Governance (ESG) data from published company material and integrates it into the Bloomberg Equities and Industries services. Bloomberg has researched 20,000 of the most actively-traded public companies and obtained ESG data disclosed by over 10,000 companies in 52 countries.