October 8, 2021 - ESG and Climate News

A weekly curated list of articles - written by me and others - to help keep up with this very dynamic space

By Tim Mohin

October 8, 20212 min read

December 22, 2022 at 1:37 PMUpdated

October 8, 2021Updated: December 22, 2022 at 1:37 PM2 min read

COP26 gets the royal treatment

Pope Francis

The Pope, the Queen of England, President Biden, and Greta Thunberg walk into a room. This is not the setup to a bad joke…it’s the reality of the upcoming climate talks. In case anyone missed the gravity of the upcoming COP meeting in Scotland, this week the Queen of England and the Pope backed the negotiations. Pope Francis and other religious leaders made a joint appeal for concrete solutions to save the planet from "an unprecedented ecological crisis." 95-year-old Queen Elizabeth, announced she would join 120 heads of state to emphasize the importance of the negotiations to address what UN Secretary General Antonio Guterres declared a “code red for humanity.”

As we anticipate the outcomes of the talks, companies and investors are not waiting. More than 50% of the Global S&P 1200 companies now disclose their sustainability information using the Sustainability Accounting Standards Board (SASB) standards. Similarly, 30% of the companies listed on the London-based FTSE 100 are already reporting climate change risk in accordance with the framework from the “Task Force for Climate Related Financial Disclosures (TCFD).” And, a recent survey of 104 international asset managers found 76% consider climate-related risks and opportunities, and almost 30% are reporting against the Task Force on Climate Related Disclosures (TCFD).

Read the full column here.

Missed our previous edition of ESG & Climate News? Check it out now and stay in the know: October 1, 2021.