Insider’s “Financing a Sustainable Future” series, which was launched in partnership with Bank of America, aims to help business leaders set sustainability goals and find the best path to finance, measure and report. results account.
While the climate crisis is a dominant theme, we have chosen to approach sustainability holistically, with content dedicated to each of the four pillars of stakeholder capitalism as defined by the World Economic Forum: people, planet , prosperity and principles of governance.
As noted in the series launch article, the series comes at just the right time. At COP26 in November, a consortium of around 450 banks, insurance companies and asset managers from 45 countries called the Glasgow Financial Alliance for Net Zero, which was launched in April of that year, announced that he had committed $130 trillion in assets to transform “the economy”. for net zero.”
Companies may have access to capital, but a genuine sustainability program is about more than borrowing money to finance projects. It’s an ongoing, iterative process of identifying what’s most important to your stakeholders and what’s most important to your business, and finding the best way to report on that. progress towards goals.
The Securities and Exchange Commission has proposed a rule that would require publicly traded companies to disclose climate risks to provide investors with consistent information about where companies are vulnerable and what steps are being taken to mitigate that risk. Pressure has increased on leaders to assimilate and understand their risks and responsibilities and embark on their own sustainability plans.
Insider has collected virtual stories and events that answer some of the big questions about how and what to get started.
We have assembled an experienced advisory board to help us, comprised of sustainability leaders from AB InBev, Bank of America, Carlyle, Cognizant, Deloitte, Dow, Ford Motor Co., Honeywell, Infosys, Just Capital, Impact Investment Exchange, Pfizer and Walmart.
Here are eight key takeaways that have surfaced through the stories, events, and conversations Insider has gathered throughout the series.