About | Emmalene Wysocki
Emmalene Wysocki
I hold a Bachelor of Psychological Science (Honours) from the University of Newcastle and have a keen interest in pro-environmental behaviour.
PROFILE
For my psychological honours thesis I investigated the psychosocial factors that predict use of active transport (e.g., walking/cycling) instead of motorised transport, through Ajzen’s Theory of Planned Behaviour.
I would like to create more sustainable societies through strategic implementation that advocate pro-environmental and sustainable behaviour, at the individual and systemic levels. I absorb value in all things sustainability but express particular interest in the areas of consumer demand, plastic use, low-carbon travel, and food waste.
RECENTLY PUBLISHED BY EMMALENE WYSOCKI
Nature risk rising: Why the crisis engulfing nature matters for business and the economy
17 January 2020
This report is for policymakers, companies, investors and civil societies seeking to address the growing nature crisis, as it provides the economic and social impact of biodiversity on businesses. The report also calls for a change in policies and practices that drive current growth models.
A pilot study on systems thinking in asset management
21 April 2023
This pilot study analyses systems thinking in sustainable finance from a multidimensional perspective, highlighting six key dimensions for investment and asset management to consider. The study reveals the challenges of applying such approaches in finance while emphasising the importance of understanding sustainability impacts on all levels.
Reinventing capitalism: A transformation agenda
10 November 2020
This issue brief by World Business Council for Sustainable Development (WBCSD) explores the need for a reinvented capitalism that prioritises true value over value extraction. It examines the unsustainable outcomes of contemporary capitalism and presents a transformation agenda to help steer businesses towards a sustainable global economy.
Sustainable finance forum: Legal opinion 2019
29 October 2019
This report, and legal opinion, lays out the current legal obligations on directors of New Zealand companies and retail managed investment schemes to address climate risks. It finds that these obligations are evolving and expanding, driven by the growing recognition of the material financial risk climate change presents for businesses.
The biomass blind spot
7 February 2019
This report highlights the financial and reputational risks associated with the biomass power sector's impact on climate change. The report provides recommendations for investors and banks engaged with the sector, including not providing financial support for new biomass power infrastructure.
The role of local narratives in emerging climate governance
9 July 2022
This report examines how local climate narratives are shaped by the history, power dynamics, needs, and priorities of a region. The report analyses the case of Miami-Dade County, Florida, an early adopter of climate policies that faces inequity and worsening climate impacts, to understand how local narratives influence climate governance.
A little less conversation, a little more action: 10 lessons learned from 10 years of helping investors to tackle climate
20 August 2021
The ISS ESG Climate Team presents 10 lessons for investors gleaned over a decade of tackling climate change. Through this summary, the authors offer insights on methodologies for climate scenario analysis, the intersection of reporting and acting, an effective climate voting process, the role of regulators in transparent carbon neutral investments, among other topics.
Climate scenario analysis: Cement's financial performance under 2°c and 2.7°c
26 July 2018
The Climate Scenario Analysis report examines the financial implications of climate transition scenarios on the cement sector's future. The report provides useful insights to company analysis and financial risk analysis for the cement sector, providing readers with a comprehensive understanding of the impact of climate transition scenarios.
Is regulation enough? A review of UK master trusts' ESG policies
19 December 2019
This report by ShareAction explores the approach to climate change risk by UK's largest master trusts. It examines 16 master trusts' ESG policies and practices, focusing on the work of the trustees and their engagement with investee companies on ESG practices and risk management. The report draws attention to some positive developments, showing that some schemes have incorporated ESG and/or climate change factors into their asset allocation strategy.
Right direction, wrong equipment: Why transition risks do not fit into regulatory stress tests
21 September 2017
The authors of this report explore the challenges of integrating climate-related risks into regulatory stress tests. They demonstrate that supervisory risk assessment frameworks struggle to capture long-term systemic risks, and offer recommendations for developing a 'long-term risk;' supervision 'infrastructure.'
Navigating a new era of business and human rights
7 August 2019
This book explores the role of businesses in protecting human rights, and highlights the need for collaboration between the public and private sectors. The book showcases examples of innovation and best practices in the field of business and human rights, and provides guidance to businesses on how to respect human rights.
Tobacco free portfolios: The toolkit 12th edition
28 January 2020
This toolkit by Tobacco Free Portfolios offers a framework for finance professionals to invest in tobacco-free portfolios. The toolkit covers various areas including the Tobacco-Free Finance Pledge, prospective investment risks and case studies, with a call to action for the industry to follow.
Leaders or laggards? Tax and revenue transparency of ASX listed mining, gas and oil companies
27 July 2020
This report investigates the tax and revenue transparency disclosure policies of 20 ASX listed mining, gas and oil companies. It examines indicators deemed as "best practices" for conformity to standards, such as country-by-country reporting, mandatory disclosure legislation and The Extractive Industries Transparency Initiative. Recommendations are to move towards mandatory regulation and better disclosure.
Asset-level data and the energy transition: Findings from ET risk work package 2
10 April 2018
The authors of this report synthesised asset-level data across six major carbon-emitting industries for the Energy Transition Risk Project. The report demonstrated the potential capabilities of asset-level data and the expanding portfolio of analytical building blocks available for Energy Transition risk assessment.
We know our lives are in danger: Environment of fear in South Africa's mining-affected communities
11 April 2019
This report highlights how mining has affected South African communities and examines the legal framework and community engagement procedures relating to mining activity. It discusses the impacts of mining on communities in terms of health, environment, livelihoods and social cohesion, as well as the high levels of violence in these communities.
Impact investing handbook: An implementation guide for practitioners
25 June 2020
This report is an implementation guide for impact investing practitioners. It includes chapters on defining impact investing, identifying players involved, setting impact goals, selecting impact investment tools and structures, measuring and managing impact, and implementing best practices. The guide is informative, objective, and designed to inform the impact investment strategy.
Business reporting on the SDGs: An analysis of the goals and targets 2022
28 July 2022
This report offers a comprehensive overview of the Sustainable Development Goals and how businesses can align their practices with these goals through transparent disclosures and disclosures reporting. This updated edition provides actionable steps for businesses to contribute to sustainable development, with a focus on poverty reduction, food security, and affordable energy access.
The good transition plan: Climate action strategy development guidance for banks and lending institutions: COP26-version
1 February 2022
This guide is designed for banks and lending institutions to assist in the creation of a climate action strategy. The report analyses the challenges and solutions to financing transitions towards a climate-safe world, outlining a comprehensive seven-element framework, key tools for measuring alignment with Paris Goals, and numerous sector guidelines.
Mapping ocean governance and regulation
24 September 2018
This report provides an overview of ocean governance and regulations through the lenses of ocean-based industries, addressing international governance, key industries, emerging issues and regulatory developments, cross-cutting challenges and the role of the private sector through the UN Global Compact Action Platform for Sustainable Ocean Business.
Retiring oil and gas assets will have long-term financial and environmental impacts
13 January 2023
Ageing oil and gas assets will have significant long-term financial and environmental impacts, with decommissioning costs rising steadily in coming decades. Asset retirement obligations could reach US$42 billion by 2024, posing considerable financial, logistical, and environmental challenges given limited financial assurance requirements, regulatory loopholes, and the complexity of decommissioning.
The TNFD nature-related risk and opportunity management and disclosure framework: Beta v0.1 release
17 March 2022
The Taskforce on Nature-related Financial Disclosures (TNFD) has released a beta version of its Nature-related Risk and Opportunity Management and Disclosure Framework. The framework aims to deliver a risk management and disclosure framework for organisations to report and act on evolving nature-related risks and opportunities.
The TNFD nature-related risk and opportunity management and disclosure framework: Beta v0.2 release
The Taskforce on Nature-related Financial Disclosures (TNFD) has released version 0.2 of the Nature-Related Risk and Opportunity Management and Disclosure Framework. This market-led initiative aims to provide a risk management and disclosure framework for organisations to report and act on evolving nature-related risks and opportunities.
Who owns a company?
29 July 2015
This report questions the long-standing concept of shareholder primacy in modern companies and highlights the need for fundamental changes in corporate governance laws. It addresses concerns regarding excessive remuneration, unethical practices, and short-termism while presenting public policy actions that can mitigate these issues.
Catalysing bank climate action: Lessons from the inside
28 June 2022
This report shares insights from the Climate Safe Lending Fellowship, a programme for banking professionals committed to accelerating the decarbonisation of their institutions. The report offers practical approaches and tools used by climate intrapreneurs to help their banks transition toward climate-safe banking.
Shifting the financial system: Accelerating sustainable finance at banks
17 September 2023
This report provides insights from banking professionals on accelerating sustainable finance amid the challenges and opportunities of the global climate crisis. It analyses the role of banks in fostering sustainability, providing capital to low-carbon solutions, and aligning with Paris Agreement targets. The report gives recommendations for addressing climate change.
The implications of behavioural science for effective climate policy
11 September 2023
This report explores the implications of behavioural science for effective climate policy and focuses on eight main sectors, such as diet change, adaptation and aviation, with recommendations for further empirical research. The report underscores the importance of understanding human behaviour and how insights can be used in climate policy development for effective implementation.
The third, systems stage of corporate governance: Why institutional investors need to move beyond modern portfolio theory
1 February 2018
The authors of this paper argue that institutional investors need to move beyond Modern Portfolio Theory (MPT), and consider a wider risk management strategy. The paper outlines the potential failings of MPT and suggests ways for institutional investors to better align with the needs of society and the economy.
Prosperity without growth: The transition to a sustainable economy
27 March 2009
The authors of this report argue that society's pursuit of economic growth has been detrimental to the environment and economic sustainability. The report challenges traditional thinking around the benefits of growth and argues for a new macro-economics for sustainability.
OECD guidelines for multinational enterprises
29 September 2011
The OECD Guidelines for Multinational Enterprises (2011 Edition) provide recommendations for responsible corporate behaviour. Topics include disclosure of reliable and accurate information, employment practices, and consumer interests. The Guidelines also suggest procedures for addressing stakeholder concerns when there are conflictual issues.
Insuring a low carbon future: A practical guide for insurers on managing climate-related risks and opportunities
11 September 2019
This report explores how climate awareness is being integrated into underwriting, investment, and group-wide risk management practices in the insurance industry. It identifies common barriers and presents a practical framework of eight building blocks relevant for insurers introducing and developing climate strategies. Based on interviews with 14 proactive insurers.
Investor primer to transition risk analysis
31 January 2018
This report focuses on scenario analysis as a tool for assessing climate and energy transition risks that traditional financial analysis may not capture. It gives insight into the conceptual and methodological underpinnings of scenario analysis, drawing on models from The CO-Firm and KECH climate research.
Modern temperatures in central–north Greenland warmest in past millennium
18 January 2023
Greenland's central and north regions have recorded their warmest temperatures in over a millennium. Scientific data showed that temperatures have risen by an average of 1.5 ± 0.4 degrees Celsius, which is above the range of pre-industrial temperature variability. The warming followed a long-term trend that is likely connected to anthropogenic effects.
Point of no return 2023: Part IV: Climate and biodiversity
2 June 2023
This report assesses the climate and biodiversity policies and practices of 77 of the world’s largest asset managers, who collectively hold over $77 trillion in assets. The report finds that asset managers need stronger and more comprehensive net-zero targets, consistent with limiting biodiversity loss, and a greater focus on climate scenario analysis.
Inclusive business financing: Where commercial opportunity and sustainability converge
12 June 2018
This report explores how best to finance inclusive businesses, which have gained prominence for reducing poverty and inequality in developing countries. Drawing on case studies from across Asia, it examines bank debt and private equity as conduits for financing, and offers recommendations for improving the financing of inclusive businesses.
Greenlight or gaslight? The transition minerals dilemma for Australia
3 May 2023
This report highlights the risks associated with the global dependency on transition minerals for a carbon-free future. It explores potential oversupply and undersupply risks, supply chain ethics, and the environmental impacts of mining such minerals in Australia.
G-20: Data enhancement and coordination in SME finance
23 April 2020
This stocktaking report examines small and medium enterprise finance indicators collected by development finance institutions. The analysis reveals the limits of SME finance data and underscores the need for better coordination and more gender-disaggregated data. Recommendations include a common collection approach and joint data-sharing of core indicators.
Energy technology perspectives 2023
13 January 2023
This report examines risks and opportunities surrounding the development and scale-up of clean energy and technology supply chains through the lenses of energy security, resilience, and sustainability. It analyses critical questions around clean energy and technology supply chains and presents policy recommendations for governments, businesses, investors and citizens around the world.
Do androids dream of responsible investment? Exploring responsible investment in the age of information
16 April 2020
This report provides insight into the emerging responsible investment risks surrounding technology. The report covers four key areas of concern; bias and discrimination, manipulation and influencing behaviour, big tech and market dominance, and automation and the future of work, alongside case studies and recommended questions for asset owners.
Enabling FPIC through voluntary standards: An ISEAL innovations fund project
4 October 2018
This report explores ways to enable Free, Prior, and Informed Consent through voluntary standards. It reviews existing literature and provides guidance for companies and assurance providers to verify successful implementation of Free, Prior, and Informed Consent from the perspective of affected communities. The report also includes a monitoring and verification tool framework.
Education: Learning for Life: Why enterprise L&D is the next frontier In global education
10 November 2021
This report explores how enterprise learning and development is the next frontier in global education, and its impact on both private investors and policymakers. It breaks down the enterprise learning and development landscape, the opportunities and challenges, and offers insights on learning and development frameworks and employee engagement.
Authentic sustainability assessment: A user manual for the sustainable development performance indicators
12 November 2022
This report provides guidelines for organisations to measure their sustainability performance and report effectively. The document presents indicators for three areas: economy, society, and environment; these are divided into tiers. It also highlights the need for an integrated approach and adapting reporting frameworks to include social and solidarity economy entities.
Disrupting privilege as power and control: Re-imagining business and the appreciation of Indigenous stewardship in management education curricula
2 June 2022
This report explores privilege's systemic connection to mainstream management education and proposes how engaging with Indigenous stewardship can tackle this. Using a case study of stewardship's implementation in a Master of Commerce program, educators can contribute to literature on re-imagining business and create better future business leaders.
Electric vehicle fleets: An impact opportunity for investors
19 December 2019
This report from ShareAction makes the case for electric vehicle fleets as an important opportunity for investors. It outlines the potential financial incentives, risks and benefits, and impact on the environment, economy, and society. The report also includes recommendations for investor engagement with EV adoption.
Dhawura Ngilan: A vision for Aboriginal and Torres Strait Islander heritage in Australia
This report developed by the Heritage Chairs of Australia and New Zealand identifies key focus areas and recommendations to guide the actions of all Australian governments for the next decade, promoting the protection and celebration of the unique heritage of First Nations communities.
A roadmap for Australian investors: How to invest to achieve gender equity, racial equity, diversity and inclusion
27 March 2022
This a guide to help investors achieve gender equity, racial equity, diversity, and inclusion. This report presents qualitative and quantitative analyses from surveys of key Australian impact investing actors, virtual interviews with identified key informants, and a focused narrative literature review of contemporary global gender lens investing practice.
Clean energy negotiations guide for first nations
3 November 2022
This guidebook provides insights for First Nations communities in Australia to negotiate clean energy projects with companies seeking to establish projects on their land. The guide covers steps to prepare, the unity of representation, access to expert advice, negotiations, and the benefits and opportunities for First Nations people.
Decarbonising cement: The role of institutional investors
8 October 2019
This report outlines why cement production is carbon-intensive and provides pathways for decarbonisation. A 60% reduction in emissions by 2050 is required to limit temperature increases to 1.75°C. Institutional investors need to engage with cement companies and cut off funding for carbon-intensive infrastructure to mitigate climate-related risks.
Converging on climate lobbying: Aligning corporate practice with investor expectations
31 May 2018
This report details the importance of climate lobbying for the long-term interests of institutional investors. It covers recommendations for future engagement and case studies, and is primarily aimed at investment professionals. The report does not have any specific focus on discussing a list of companies, rather, it is an investor initiative that advocates for climate lobbying practices and investor expectations for companies globally.
Connecting the dots: Energy transition scenarios and credit quality
8 January 2019
This report explores the implications of climate transition scenarios for the credit quality of nine companies in power utilities, cement, and steel. It shows the potential credit consequences of failing to mitigate risks and grasp opportunities associated with the low-carbon transition. The study highlights the value of granular scenario analysis for investors.
Prioritising nature-related disclosures: Considerations for high-risk sectors
14 June 2022
This report outlines information on high-risk sectors for nature-related disclosures and their dependencies and impacts. It identifies sectors with the greatest risk and vulnerabilities and provides sector-based insights to deploy financial risk management and report nature-related financial disclosure in a consistent and meaningful manner.
Environmental beta or how institutional investors think about climate change and fossil fuel risk
27 February 2019
This report examines how institutional investors think about climate change and fossil fuel risk. It finds that investors consider these issues subjectively and are primarily concerned with short-term investment horizons. The report argues that understanding investor perspectives is crucial for enhanced mechanisms both to mitigate GHG emissions and minimise climate change-related financial instability.
The purpose action gap: The business imperative of ESG
12 August 2021
This report examines the gap between what consumers and brands believe and how they act when it comes to purpose and sustainability. Based on studies of 2,500 consumers and interviews with 125 large consumer companies, the report offers valuable insights for businesses looking to meet consumer and investor expectations.
Sustainable voting behaviour of asset managers: Do they walk the walk?
24 February 2021
This paper analyses a decade of voting data with more than 20 million observations to investigate asset manager characteristics that influence environmental, social and governance (ESG) voting patterns. Asset managers mostly vote against social and environmental proposals. Despite increased attention to sustainability, asset managers hardly voted in favour of these proposals.
Resources, energy and modern slavery: Practical responses to managing risks to people
This report provides practical responses for managing modern slavery risks in the resources and energy sectors. Covering topics such as risk to people and business, human rights risks, and key responses for addressing these risks, the report is an essential guide for companies seeking to effectively identify and manage modern slavery risks.
Financing environmental and energy transitions for regions and cities: Creating local solutions for global challenges
This report presents recommendations for bridging the gap between financial institutions' lack of structures for local initiatives and subnational governments' lack of knowledge to take that role. It proposes adapting finance data to include integrated value.
Recommendations of the Taskforce on Nature-related Financial Disclosures
30 September 2023
This report aims to provide a unified approach to the disclosure of natural dependencies, impacts and risks for financial institutions and corporates. As the issue of natural loss and climate change continues to grow, a harmonised way of tackling these risks needs to be agreed to safeguard against material impacts.
Conceptualizing the circular economy: An analysis of 114 definitions
15 September 2017
The aim of this paper is to create transparency regarding the current understandings of the circular economy concept. The findings indicate that the circular economy is most frequently depicted as a combination of reduce, reuse and recycle activities. Concerningly, many definitions overlook that circular economy necessitates a systemic shift.
Climate solutions at work: An employee guide to drawdown-aligned business
21 September 2021
This guide is for employees concerned about climate change and offers a suite of transformative actions that redefine business climate leadership by looking beyond “net zero”. It aims to democratise climate action so that all employees can contribute to climate solutions and helps employees across all sectors find their inroad.
Core Benefits Verification Framework
31 March 2019
The key principle of the Core Benefits Verification Framework is Indigenous ownership of the verification process. The framework creates the opportunity for Indigenous people to be the experts in the verification of environmental, social and cultural values associated with community development programs, such as carbon farming.
Beyond compliance in the finance sector: A review of statements produced by asset managers under the UK Modern Slavery Act
18 March 2021
This report emphasises that investors should recognise their leverage towards addressing modern slavery risks in their financial activities, including investment portfolios and their supply chains. The report is part of a wider supply chain transparency project to advocate for Modern Slavery Acts globally, by engaging governments and partnering with businesses.
From ‘why’ to ‘why not’: Sustainable investing as the new normal
25 October 2017
This guide is based on more than 100 interviews with institutional investors at a range of investment funds, about their experiences with sustainable investing. This guide offers insights on how to integrate environmental, social and governance (ESG) factors with the investment process to help investors capitalise on sustainable investing.
Global stewardship principles
19 September 2020
The International Corporate Governance Network (ICGN) Global Stewardship Principles (GSPs) provide an international framework for investors to implement their fiduciary obligations on behalf of clients and beneficiaries. ICGN’s stewardship principles are a set of aspirational best practices, curated to be used flexibly with individual investor circumstances in mind.
Appetite for disruption: A second serving
27 July 2020
This report explores the growth of the alternative protein market, particularly in the face of supply chain disruptions, food safety concerns from COVID-19, and global emissions. This is published alongside FAIRR's Sustainable Proteins Hub, an interactive tool which allows investors to assess how companies are diversifying toward alternative, climate-positive portfolios.
