Ready, Set, Goals: While COP26 Spurred Climate Ambition, the Private Sector Responds With Climate Action
The United Nation’s 26th annual climate summit in Glasgow, Scotland updated commitments to achieve global climate targets and sounded a call to action for climate priorities across sectors.
A group of Infrastructure debt investors including Aviva Investors, LGIM Real Assets, Macquarie Asset Management, Aberdeen Investments, BlackRock, Allianz Global Investors and one other, have been working on behalf of the sector to develop an Environmental, Social and Governance Covenant Package. The initiative aims to:
Industry Best Practices within the 2020 ESG (R)evolution Decade
ll industries have seen a great sustainable force and impulse; an incremental change along all its business supply chain; actually, a challenge that is demanding a transformation, from an ESG perspective. Since the beginning of the 2020 decade, followed by the global pandemic and natural disasters – that are more common and stronger than ever – the world is facing the beginning of the ESG (R)evolution.
The power of worker voice in creating transparency in cleaning supply chains
Investors focus on sustainability reporting has traditionally been strongest in the E (environmental) and G (governance) aspects of ESG. There have been some impressive gains in these areas, particularly regarding the environment due to the urgency of action highlighted in numerous Intergovernmental Panel on Climate Change (IPCC) reports. Investor involvement has helped shift business and […]
How energy and sustainability management can help countries meet their COP26 goals
At the COP26 summit in Glasgow, Scotland, world leaders made non-binding targets to cut greenhouse gas emissions and move beyond the pledge of net-zero emissions towards operating at a carbon-negative level – meaning they absorb more climate-changing emissions than they produce each year. These promises are well and good, but they must be backed up […]
Accelerating action for biodiversity: what the built environment sector needs to do
Our industry is engaged in an important dialogue to improve sustainability through ESG transparency and industry collaboration. This article is a contribution to this larger conversation and does not necessarily reflect GRESB’s position. Please refer to official GRESB documents for assessment related guidance. The built environment sector needs to protect biodiversity. Why? Because the sector not only depends […]
How to Meet Investor Demands as ESG Scrutiny Intensifies
Our industry is engaged in an important dialogue to improve sustainability through ESG transparency and industry collaboration. This article is a contribution to this larger conversation and does not necessarily reflect GRESB’s position. Please refer to official GRESB documents for assessment related guidance. ESG is under a microscope—and rightfully so. S&P Global states that sustainable bond issuance, including […]
Transaction Management and the Transition to ‘Net-Zero’
Ahead of COP26, due to take place in Glasgow this November, IPCC has released its most recent report on climate change. The report reaffirms it is unequivocal that human influence has warmed the atmosphere, ocean and land, and that limiting human-induced global warming requires limiting cumulative carbon emissions, and reaching at least net zero carbon.
Zero carbon, a critical ESG challenge for the Real Estate sector
Faced with ever-increasing pollution and greenhouse gas (GHG) emissions, the world is currently in a phase of global warming. The question is no longer how to avoid this trend, but how to curb it and adapt as well as possible. We’re also seeing more pressure from the market, where there’s a growing awareness of issues around ESG and an increasing focus on assets’ extra-financial value.
