Corporations are prioritizing sustainability like never before. This series explores how companies are setting goals and using financial systems to drive real progress around the climate crisis, equity, prosperity, and governance.
As companies set goals around environmental, social, and governance initiatives, their financial partners like banks and private-equity firms have potential to lead by example.
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Investors looking to focus on ESG goals might find the inconsistent reporting and broad range of information confusing.
Experts advise investors to look for authenticity from companies reporting on their efforts.
The conversation was part of Insider s virtual event Financing Net-Zero, presented by IDA Ireland, which took take place on Thursday, May 13, 2021.
Investors looking to implement environmental, social, and governance (ESG) strategy into their portfolios may find themselves perplexed by the lack of consistent standards, and the quality of claims made by companies. There are a lot of different definitions for what impact means, what ESG means, said Jeff Cohen, director of capital markets integration at the Sustainability Accounting Standards Board. It can be very easy to get confused or overwhelmed … but ultimately it s about what you are looking to accomplish.
There are numerous financial instruments emerging as companies, governments, and institutions focus more on sustainability and other ESG goals. Leaders from BNP Paribas, JPMorgan Asset Management and IDA Ireland commented on the range of options available to companies working towards a more sustainable future
Some 50% of workers in America reported feeling disengaged even before the pandemic. Companies need to invest in their workforce, but also need clear systems to measure the ROI