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Navigating a new era of business and human rights
This book highlights the intersection of corporate practices and human rights. It explores evolving challenges, regulatory landscapes, and the importance of collaborative, ethical business conduct. Key themes include transparency, state roles, and the human rights-based approach, offering insights for stakeholders to navigate this complex field.
Impact investing handbook: An implementation guide for practitioners
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.
Right direction, wrong equipment: Why transition risks do not fit into regulatory stress tests
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.'
Is regulation enough? A review of UK master trusts' ESG policies
This report 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.
Climate scenario analysis: Cement's financial performance under 2°c and 2.7°c
The report examines the financial implications of climate transition scenarios on the cement sector's future. It 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.
Tobacco free portfolios: The toolkit 12th edition
This toolkit 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.
The biomass blind spot
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.
Reinventing capitalism: A transformation agenda
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.
A pilot study on systems thinking in asset management
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.
The good transition plan: Climate action strategy development guidance for banks and lending institutions: COP26-version
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.
The third, systems stage of corporate governance: Why institutional investors need to move beyond modern portfolio theory
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
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.
Shifting the financial system: Accelerating sustainable finance at banks
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.
Catalysing bank climate action: Lessons from the inside
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.
Climate change analysis in the investment process
This report emphasises the need for investors to consider the physical and transitional risks of climate change in their portfolios. It highlights the importance of integrating carbon pricing and scenario analysis into investment processes. The report advocates for greater education and improved disclosure from issuers to facilitate better climate-related analysis.
The dangers of buybacks: Mitigating common pitfalls
This report explores the rising trend of share buybacks, analysing their benefits and pitfalls. It offers practical tools, guidelines, and measures to mitigate the risks, improve transparency, and ensure buybacks match long-term company strategies.