Here's the plan: Select 100 companies whose business burdens nature. Then, offer advice on how to lighten their impact and monitor their progress.
Such is the vision of a campaign called "Nature Action 100" launched on Sunday by 11 investment firms hoping to encourage companies to help preserve ecosystems that support more than half the world's economic output.
Protecting supply chains that rely on natural resources is just good business, said Claudia Wearmouth, global head of responsible investment at Columbia Threadneedle Investments. "The aim of Nature Action 100 is to engage those companies that have the highest impact on nature, not only to protect the natural environment but also to mitigate the risks these companies face from mounting pressure to effectively address biodiversity issues," Wearmouth said in a statement.in Montreal are working to strike a global agreement by Dec. 19 on ways to protect the world's threatened species and dwindling wild spaces.
"The impact that companies have on nature is currently not easy to quantify, and this limits the extent to which investors can engage with them on this key issue," said Stephanie Pfeifer, CEO of the Institutional Investors Group on Climate Change, which is among the leaders of the new initiative. The other investment firms behind the plan are AXA Investment Managers, BNP Paribas Asset Management, Church Commissioners for England, Domini Impact Investments, Federated Hermes Limited, Karner Blue Capital, Robeco, Storebrand Asset Management, Christian Brothers Investment Services and Vancity Investment Management.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
'FIESTA' becomes IZ*ONE's 2nd MV to hit 100 million views on YouTube | allkpopIZ*ONE's 'FIESTA' music video has surpassed 100 million views on YouTube.On December 9, KST, the girl group's music video for 'FIEST…
Les mer »
Crypto.com releases proof of reserves, showing above 100% for BTC, ETHIn order to clear any doubts from its users, cryptocom has released its Proof of Reserves results, audited by international accounting firm Mazars Group.
Les mer »
Ado Looks Back on Breakout Year as Billboard Japan’s Year-End Artist 100 Chart-TopperThe young singer, born in 2002, says she “took on new challenges” this past year and looks back on some of her major accomplishments.
Les mer »
DAO Suddenly Cancels Plans to Donate 100 ETH to 'On-Chain Sleuth' ZachXBT | CoinMarketCapcryptonews: Confusion is swirling within a decentralized autonomous organization (DAO) after plans to donate 100 ETH to a well-known, on-chain crypto sleuth were suddenly canceled.🧐
Les mer »
Satellite Images Show Progress on 100-Mile Long Skyscraper in Saudi ArabiaSatellite images obtained by MIT Technology Review show Saudi Arabia's astonishing progress in building its 100-miles-long megacity called the 'Line.'
Les mer »