Library | ESG issues

Environmental

The environmental pillar in ESG (environmental, social, and governance) assesses an organisation’s impact on the planet. It includes issues such as climate change, biodiversity, waste management and water management. Strong environmental practices help businesses reduce risks, comply with regulations, and drive long-term sustainability.

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Future-fit business benchmark: Methodology guide

Future-Fit Business
The Future-Fit Business Benchmark Methodology Guide provides a free tool to help companies pursue a vision of a flourishing future. With 23 break-even Goals, 24 positive pursuits, and complementary indicators, it offers science-based guidance on how to transform business operations, procurement practices, and products in pursuit of future-fitness.
Research
7 August 2020

Climate change: Legal implications for Canadian pension plan fiduciaries and policy-makers

McCarthy Tétrault
This report outlines the legal obligations of Canadian pension plan fiduciaries to consider the financial risks and opportunities presented by climate change in their investments. It provides practical guidance, based on recent case law and expert recommendations, for fiduciaries to fulfill their responsibilities to plan beneficiaries.
Research
27 May 2021

Net zero: Practical guide for finance teams of banks

Accounting for Sustainability (A4S)
The guide outlines the role finance departments play in supporting banks to achieve net-zero emissions, in light of the existential risk climate change poses. The report identifies practical steps for finance teams of banks, such as setting interim targets, measuring and reporting progress, and engaging with stakeholders to help their organizations make the transition to net-zero emissions.
Research
6 July 2021

Climate change and economics 101: Teaching the greatest market failure

This report analyses 27 introductory economics textbooks used in the US that cover micro and macroeconomics to assess their treatment of climate change. Authors find limited coverage in texts and that most texts relate climate change to the negative externality of carbon emissions. Market solutions such as cap-and-trade and carbon taxes are recommended.
Research
4 March 2019

Climate risk governance guide: An introductory resource for directors on climate risk governance

MinterEllison
The guide provides an introductory resource for directors on climate risk. It considers fundamental concepts, distinguishes key industries impacted by climate change, and outlines duties and expectations of directors. Governance and reporting frameworks are discussed, with due care and diligence emphasized for adequate disclosure.
Research
1 September 2021

Higher cost of finance exacerbates a climate investment trap in developing economies

This study investigates how different weighted average cost of capital (WACC) assumptions impact decarbonisation pathways for developing economies. The results demonstrate the disproportionate impact of high capital costs between regions, with green electricity production potentially 35% lower in Africa, increasing the risk of a climate investment trap.
Research
30 June 2021

International IR framework

International Integrated Reporting Council (IIRC)
This report provides a summary of the International Integrated Reporting Framework. Integrated Reporting promotes a cohesive approach to corporate reporting by providing information about value creation, preservation, or erosion over the short, medium, and long term. Fundamental concepts, guiding principles, and content elements are detailed in this framework.
Research
1 January 2021

The Passives Problem and Paris goals: How index investing trends threaten climate action

The Sunrise Project
This report sheds light on the Passives Problem, highlighting the dangers of an excessively passive investment market. It argues that this trend is hindering progress on mitigating climate change and exacerbating the risks of market instability. The report suggests possible solutions to the problem and examines how investors can align with climate action.
Research
17 January 2020

Don't #@!% the planet

Atlassian
This guide is created to share the experience of building a net-zero sustainability program. The guide is presented in two parts, and includes Atlassian's materiality assessment, the steps they took to reduce emissions, and their efforts to push beyond net-zero.
Research
17 November 2023

Greenwashing and how to avoid it: An introductory guide for Asia's finance industry

Asia Investor Group on Climate Change (AIGCC)
This report offers Asia's finance industry a comprehensive guide on greenwashing, including its definition and the risks it poses. The report also covers regulatory developments and guidance to tackle greenwashing, and provides practical steps to guard against greenwashing risks in the industry.
Research
25 April 2023

Innovation: How does innovation drive change for gender inclusion in business, finance and investment?

Value For Women
This report examines how innovation is driving change for gender inclusion in business, finance and investment. Drawing from over 100 expert interviews and case studies, the report identifies a range of innovations that are making finance more inclusive for women and concludes with the most powerful actions for driving gender equality.
Research
26 July 2023

Creating city portraits: A methodological guide from The Thriving Cities Initiative

Doughnut Economics Action Lab (DEAL)
This report introduces a practical approach to visualizing sustainable urban development. Based on the 'doughnut' concept, the guide provides insight into the holistic nature of thriving cities and acts as a transformative tool for policymakers.
Research
8 July 2020

A critical minerals value-adding superpower

Climate Energy Finance (CEF)
This report explores the potential for the nation to become a leader in mining and refining critical minerals. It highlights the economic, employment, and environmental benefits that could be unlocked by prioritising onshore processing, particularly against a backdrop of global decarbonisation.
Research
1 March 2023

Five-step approach to stakeholder engagement

Business for Social Responsibility (BSR)
This is a comprehensive toolkit developed to help companies understand and respond to existing and emerging societal concerns through stakeholder engagement. It is based on the long experience of the authors and interviews with member companies and BSR employees.
Research
27 April 2019

Water risks and financial market: Overview and analysis

South Pole Carbon
This report explores water risks and opportunities in the financial sector. It provides an overview of tools and approaches to assess water risks, identifies potential actions to align with international water goals, and calls for greater integration of water considerations into financial decision-making.

Research
18 May 2018

Measuring what matters most: Seven systems transformations for benchmarking companies on the SDGs

World Benchmarking Alliance
This report provides guidance on developing benchmarks to transform systems towards achieving Sustainable Development Goals (SDGs). It identifies seven critical transformations: social, agriculture and food, decarbonisation and energy, circular, digital, urban, and financial systems. These benchmarks aim to hold companies accountable and drive meaningful change across industries to support sustainable development.
Research
15 July 2019
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