The downfall for many of today’s businesses who are recognizing the need to take environmental, social and governance (ESG) seriously is that they’re falling victim to the same fallacy. Setting a fanciful goal, like for example cutting down to net-zero greenhouse gas emissions by 2040, isn’t all that meaningful if you aren’t establishing a concrete framework to achieve it.
Climate change threatens the futures of our planet and our people, but its impacts are not limited to physical threats that are gathering momentum, including increasing temperatures, rising sea levels, and intensifying storm systems.
The financial institutions that help regulate our societies are at risk as well, So when some financial regulators take a business-as-usual approach to climate change, they are creating additional risk to a livable world.
For years, the financial landscape for sustainability has been plagued by bottlenecks, constraining much-needed action. Sustainability projects were frequently held up, for example, because Chief Financial Officers (CFOs) were wary of “too long a time-to-ROI”.
by Maggie Kulyk, founder of Chicory Wealth and author of "Integrating Money and Meaning"
I have been working with people and their finances for almost twenty years now, and one thing I know for certain: Each person’s relationship with money is unique and powerful, whether they choose to recognize it or not. I have also noticed that those who are willing to accept and work with the realities of their relationship with money generally lead happier and more balanced lives.
CEO Larry Fink demands companies commit to net-zero emissions by 2050 and disclose how they plan to achieve this goal
Today’s call from BlackRock CEO Larry Fink to the world’s largest corporations to swiftly transition their businesses to net-zero emissions by 2050 and disclose how they plan to do it is “welcomed and will influence a growing global movement that is already underway to drive a more just and sustainable economy,” Ceres CEO and President Mindy Lubber said.
Parents, Kids & Money Survey corroborates evidence of the racial wealth gap, prompting T. Rowe Price to expand commitments to its financial education program
A new study from T. Rowe Price reveals that, compared with other racial/ethnic groups, Black families put more emphasis on having conversations about saving money, spending wisely, setting financial goals, and family finances.
by John Howell of Climate & Capital Media and Climate Finance Weekly
“Why climate finance,” you might ask? In 25 years of reporting on sustainable business, I have become fascinated by the pivotal relationship between capital and innovative solutions to climate-related issues.
Welcome to GreenMoney's 5th Annual Videos Issue. We have curated a collection of beautiful, interesting and impactful films featuring a variety of innovators from the interconnected worlds of Impact Investing, Corporate Responsibility and Environmental Sustainability. We think you’ll find them as engaging as we do. All here - https://GreenMoney.com
To make smart financial decisions, people need the right knowledge and skills. Surveys from the Financial Industry Regulatory Authority have revealed that Americans have relatively low levels of financial literacy, which is critical for achieving and maintaining financial capability. The study also revealed that many Americans did not have access to financial education at the high school or college level.
by Brian Tomlinson, Research Director, CECP, CEO Investor Forum
We’re going to want to reach for the pitchforks as we watch baggage-charging, space-squeezing airlines get a chunk of taxpayers’ money as part of the Covid-19 stimulus package, with very few strings attached.