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BofA, BlackRock and State Street CEOs talk stakeholder primacy — and fall short

GreenBiz

Some of the world’s biggest asset managers have been talking a lot lately about sustainable capital markets, stakeholder capitalism and how improved environmental, social and governance (ESG) disclosure can contribute to more resilient markets. BofA, BlackRock and State Street CEOs talk stakeholder primacy — and fall short.

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GRI and SASB are collaborating. Is that good news for companies?

GreenBiz

Is that good news for companies? Today, two of those organizations — GRI, formerly the Global Reporting Initiative, and the Sustainability Accounting Standards Board, better known as SASB — are announcing a collaborative effort to help ease that confusion and, not insignificantly, position their standards as the most consequential.

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Kraft Heinz sustainability chief reflects on 'interdependence'

GreenBiz

Food company Kraft Heinz has been relatively quiet about its corporate sustainability strategy in the five years since it was formed through the merger of food giants Kraft and Heinz — stepping out in early 2018 to provide an update. Kraft Heinz also updated its commitments with new targets pegged to 2025.

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11 young professionals on the future of sustainable finance

GreenBiz

With ESG gaining more attention and more companies committing to reaching net-zero emissions in the coming decades or otherwise pledging to do better by people and the planet, it’s inevitable that the next generation of professionals in the field will define the future of sustainable finance. Deonna Anderson. Mon, 05/10/2021 - 01:30.

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Why We Need to, Have to, Want to Act on Climate Change

Andrew Winston

Even in the face of the “anti-ESG” movement — a very American phenomenon — there are vanishingly few large organizations around the world that really question the need to address environmental and social issues. But it still gets constantly questioned. Here’s a three-part framing to convince businesses and their leaders to respond.

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Water scarcity: A growing risk for companies and investors

GreenBiz

It’s after dark and the rain pours down warm and the wind blows wildly. Like much of life back in the day, we took the monsoon rains for granted. In 2020 , Arizona experienced its driest monsoon season on record — otherwise known as just a lot of hot wind — with a statewide average of only 1.51 Thu, 07/08/2021 - 02:11.

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Investment trust ESG disclosures need to evolve, industry warns

Business Green

Insiders reveal how environmental disclosures from listed companies continue to vary massively, making it difficult for investors to compare performance and risk. Many of the disclosures are running close to 1,000 words if not more. The evolution of ESG disclosures.