A big cog has turned in the gears of finance. What exactly did BlackRock commit to with its sustainability announcement, and how will its announcement impact other actors? Here's what we need to see to turn the corner in sustainable investing.
This paper provides quantitative evidence to help investors better understand and measure the financial impacts from water shortages in the thermal power sector, drawing on data and analysis of Indian companies. It introduces a new methodology to estimate the water shortage-induced impacts to earnings on five Indian thermal power companies from FY 2014-2017. It also uses outputs from climate models to analyze potential future changes to water availability in India, which could increase the risk of water shortages.
Nearly half the population in 15 major cities in the global south lacks access to public piped water systems, with access lowest in sub-Saharan Africa and South Asia. For these households without public piped water, water from other sources is either too expensive or unsafe.
Over 150,000 chartered financial analysts, including portfolio managers and research analysts at investment management firms, have received new guidance on how to incorporate environmental, social and governance (ESG) strategies into their work, marking a significant step towards the mainstream for sustainable investing.
The world's largest asset management firm is one of the most powerful investors in the world. Despite last year's declaration of a shift towards sustainability, BlackRock still has a ways to go before sustainability can be called one of its core principles.
This publication proposes a methodology to provide a credible way to estimate mobilized private finance, from public interventions (e.g., policy), for climate finance tracking.