Major Economic and Financial Risks Posed by Climate Change
Failure to transition will generate significant and widespread economic and financial risks. An economic forecast from Swiss Re, one of the world's largest reinsurers, projects a loss in global gross domestic product (GDP) of between 4.2 and 18.1 percentage points by mid-century, depending on different warming scenario ...
Posted on 26/11/24
ESG to SDG: Do Sustainable Investing Ratings Align with the Sustainability Preferences of Investors, Regulators, and Scientists?
ESG and SDG cannot be used interchangeably to identify the sustainability of companies and their contribution to social development and the planet, although they are complementary. Where sustainable investors aim to invest in companies that contribute to sustainable development, there is disagreement on how best to me ...
Posted on 25/11/24
“Be Grateful for the Deal You Got!”
“It would be so easy now, and so tempting, to dismiss #COP29 – or the entire COP process – as a failure”, said a prominent expert on sustainability business practices and advisor to the UNFCCC. “Not only would that be intellectually lazy, but also irresponsible”, he continued. The developed countries committed to prov ...
Posted on 25/11/24
Well-Intended New EU ESG Regulation
ESG ratings measure the environmental, social and corporate governance (ESG) risk in the performance of companies. They provide information on the sustainability performance of a company or financial instrument by assessing its exposure to sustainability risks and its impact on the environment, people as well as corpo ...
Posted on 21/11/24
Fighting Climate Change: Cheaper than ‘Business as Usual’ and Better for the Economy
The oft-repeated and rarely challenged view that energy solutions to address climate change are expensive and uneconomical has long thwarted public support for even the most sensible measures – despite the evidence that the damage caused by climate change is far more costly. Those who oppose climate action point to th ...
Posted on 19/11/24
Postings2025-01-08T09:00:41+02:00