We should distinguish ‘Company Impact’ from ‘Investor Impact’

Here’s a note from Jacqueline van den Ende that plugs a concept from Florian Heeb that bears repeating on this blog (see this blog from last year): This is my absolute favourite scientific article on sustainable investing. In it author Florian Heeb argues that we should distinguish Company Impact from Investor Impact. That fact that…

Read More

The useless “carbon offsets” market

Here’s a note from Andrew Whitman about this article describing how a compay sold millions of dollars of useless carbon offsets: NCS will be critical but offsets are failing to prove themselves: “There’s a distinct possibility that a great deal of existing carbon offsets are effectively fake” CEO of Lyme Timber Co., a $1.2 billion…

Read More

What does “ESG” really mean?

Here is a summary about a panel’s presentation from Adam Lerner in this note: ESG: three letters that unify a concept while obscuring a multiplicity of meanings and intentions. What are the implications when those leading a field don’t share definitions? On this panel, five leaders from some of the largest organizations in the world…

Read More

Working with climate is bound to break your heart

This note by Nawar Alsaadi is very powerful: One day, a colleague of mine and someone I highly value told me something deeply insightful, she said what makes our ESG job hard at times is that unlike other professionals within the financial world we don’t only bring our brains to work, we also bring our…

Read More

Climate migration is already happening

People aren’t just moving due to the pandemic. Here are the main points of this CNBC article: – For those who are already feeling the direct impact of global warming and can afford to relocate, climate change migration has begun. – Nearly half of Americans who plan to move in the next year say natural…

Read More

Are we in the climate “cognitive dissonance phase”? (when behaviors/beliefs don’t align)

Here’s a note from Harald Walkate: Future historians may name this time in #ESG evolution the “cognitive dissonance phase”, after the mental conflict that occurs when behaviors and beliefs do not align. Why? In ESG there are 2 types of behavior (paraphrasing Jane Goodall): 1) “pointing fingers” – engaging in moral purity contests; 2) “finding…

Read More

ISS adds 23 factors to its “Governance QualityScore”

Recently, ISS updated its Governance QualityScore (GQS) to add 23 new factors – while applying 52 existing factors to companies based in new jurisdictions for increased global comparability of governance practices. New factors are spread across seven topical areas to include: 1. Information Security, to assess companies’ third-party information security risks and breaches, support levels for…

Read More

Don’t wait to report bad ESG news

– Avoiding reporting bad news exacerbates a bad situation because your reputation will take a hit when the cover-up is discovered. – The article below provides examples of how companies attempt to smooth over the rough edges. When you’re reporting ESG metrics and information, it’s probably inevitable that you’re going to miss some targets –…

Read More