Commercial Real Estate in the Age of ESG
No matter through what lens you look at the breakdown of global Greenhouse Gas (GHG) emissions, buildings always make up a significant portion.
ESG and Insurance: A Critical Relationship
The industry has had to deal with numerous significant challenges over the years, and the latest one is managing ESG and climate-related risks. The good news is that when it comes to ESG risk, the sector is ahead of the curve in incorporating ESG measurement into their overall risk management practice. However, as the old adage goes, the devil is in the detail. And measuring the impact of climate change, which has been more rapid, devastating and all-encompassing than anyone could have imagined, is notoriously difficult. Difficult, but not impossible.
ESG in Private Equity – What You Need to Know
In this article, we take a closer look at Private Equity and the role it can play in tackling climate change. The good news is that it can and does play a significant role. In addition to measuring their own carbon footprint, PE firms are in a unique position to control and influence their portfolio companies, particularly important given that ESG and specifically climate-related risks are increasingly material for private equity investors.
Climate Change And The Global Economy
Concerns over climate change continue to dominate with hurricanes, floods and other natural disasters taking place with alarming regularity, against a backdrop of an annual rise in global temperature that threatens to disrupt the global ecosystem.
Why SMEs That Focus On Their ESG Strategy Today Will Thrive In The Future
The role that small and mid-sized companies play in creating jobs, driving innovation, and leading the GDP growth of pretty much every developed economy in the world is well known to us all. As are the traditional challenges they face; managing cash flow, keeping up to date with new technology advancements, a lack of dedicated resources and attracting investment are just a few challenges on a very long list. But I would argue that the new kid on the block – ESG Strategy – has the potential, when fully addressed, to offer small and mid-sized companies a real and distinct competitive advantage.
Why The ’S’ Word Matters More Than Ever
Few would disagree with the fact that ESG concerns have rarely garnered more attention than right now, yet the ‘social’ aspect of risk remains the least referenced and measured aspect of the ESG discipline.
All About ESG Risks
As planet earth retreated into phase one lockdown last year, the global consulting firm Bain, very presciently pronounced “Covid-19 was a dress rehearsal for climate change”. While this remains true and will be an enduring headline, 2020 will also be remembered as the year that the Environmental, Social and Governance (or ESG) agenda took center stage in boardrooms and businesses around the world.
Actions Speak Louder Than Words When Reducing The Corporate Carbon Footprint
The latest move to require suppliers to develop Science Based Targets (SBTi) could have a profound impact on reducing corporate Greenhouse Gas (GHG) emissions.
ESG Ratings – Variations Without a Theme
Environmental, Social and Governance (ESG) factors are being used increasingly by the investor and finance communities to assess the sustainability and risk profile of companies.
ESG Risks: Environmental
According to the Organisation for Economic Co-operation and Development (OECD), with no further mitigation actions, global temperature rises of 1.5-4°C may lower global real GDP by 1.0-3.3% by 2060 and by 2-10% by 2100. Even at the lower end of estimates, this represents trillions of dollars.