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Proxy season action on climate change will be hard to avoid


Proxy season action on climate change will be hard to avoid
Eli Kasargod-Staub thinks investors are starting to take climate change risk seriously.
It will be hard for corporate directors to not take climate change personally this proxy season, as institutional investors and regulators ramp up pressure for them to take meaningful action or get out of the way.
Investors are armed with a new metric for measuring a company s progress on climate change and a more collaborative approach for holding corporate directors and senior management directly responsible through proxy voting. And they are getting critical backup from regulators like the Securities and Exchange Commission, where climate risk is starting to feature prominently in both corporate reporting and enforcement priorities. ....

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Industry Voice: Impact Opportunities - investing to limit biodiversity loss


Industry Voice: Impact Opportunities - investing to limit biodiversity loss
Federated Hermes
Nature is critical for human existence, but it is under increasing stress - because of us. Human activity, such as consumption, eating habits and energy needs, has altered almost 75% of the earth s surface. Forests are declining at an alarming rate owing to agricultural expansion and climate change, while almost 1m animal and plant species are threatened with extinction
[1]. According to the WWF s Living Planet Report 2020, global wildlife populations fell by 68%, on average, between 1970 and 2016, with some Australian populations plummeting by up to 97%.
It is estimated that damage to our ecosystems and the associated loss of biodiversity could cost the global economy $10tn by 2050 ....

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