Australasian Centre for Corporate Responsibility (ACCR) ’s Post

ESG targets fail to impact on Global emissions. The reason is that ESG applies to the supply of energy, produced products etc. not the demand. The demand will always be meet and is ESG stifles local industry the demand is met by imports usually not subject to ESG. New South Wales exemplifies this issue. Despite a natural gas crisis, the state refuses to approve the Narrabri Gas Project and is instead building an LNG import terminal at Port Kembla. LNG imports have a significantly higher carbon footprint than local gas. Germany faced a similar scenario, imposing a fracking moratorium in 2018, halting shale gas exploration, and now relying on importing U.S. shale gas. The shortcomings of international agreements like the Paris Accord stem from their focus on energy supply rather than demand. Why is there so little emphasis on reducing or altering demand to improve the environment? Perhaps it's because targeting energy producers is easier, garners more publicity, and is more lucrative for activists and governments than addressing consumer behaviour. Australasian Centre for Corporate Responsibility (ACCR)

In Private Equity International's latest Responsible Investment report, 3i’s Céline Maronne and Sophia Walwyn-James spoke about how preparing for regulation can be harnessed to create sustainable value from a greater focus on climate change. Read their keynote interview here: https://bit.ly/3vYYiHQ #Sustainability #ESG #ResponsibleInvestment

Stuart Foster reflects on the “powerful role” Financial Institutions (FIs) have to play in tackling climate change, and our sustainability specialists provide a comprehensive review of what they expect from the FI sector in 2024, in our FI ESG Outlook. Read Stuart’s thoughts and the entire article, here: https://lnkd.in/e5s6xJf7

“Financial institutions have a powerful role to play in tackling climate change and building a more just society, and therefore it’s encouraging to see that the rise of GSS issuances from the sector continues.” - Stuart Foster, Head of FI's, NatWest Group. An interesting article on what we can expect to see from FI's in 2024 - take a read.

Stuart Foster reflects on the “powerful role” Financial Institutions (FIs) have to play in tackling climate change, and our sustainability specialists provide a comprehensive review of what they expect from the FI sector in 2024, in our FI ESG Outlook. Read Stuart’s thoughts and the entire article, here: https://lnkd.in/e5s6xJf7

Stuart Foster reflects on the “powerful role” Financial Institutions (FIs) have to play in tackling climate change, and our sustainability specialists provide a comprehensive review of what they expect from the FI sector in 2024, in our FI ESG Outlook. Read Stuart’s thoughts and the entire article, here: https://lnkd.in/e5s6xJf7

🌍ESG Unveiled Recap🌍 In our recent posts, we have dug deep into the evolving landscape of ESG factors and climate risks. We explored how these trends are changing investments and shaping sustainable finance. Here is a summary of our insights: #ESG #ClimateRiskInvesting #GreenFinanceTrends #SustainableFinance

In Private Equity International's latest Responsible Investment report, 3i’s Céline Maronne and Sophia Walwyn-James spoke about how preparing for regulation can be harnessed to create sustainable value from a greater focus on climate change. You can read their keynote interview here: https://ow.ly/VXBl30szLMW #Sustainability #ESG #ResponsibleInvestment

ESG Hub | Engagement-led investing: The time for climate action is now Contrary to popular opinion, we believe delivering shareholder value and achieving net-zero goals needn’t be mutually exclusive. Let’s cut the rope in this tug of war. Read more: https://lnkd.in/eGkRnmcD #esg #netzero #war #engagementled #investing #climateaction

Masterclass: Taking Effective Climate Action Now As the impacts of climate change become more severe, it is imperative to cultivate resilience through swift and decisive measures. Ian Monroe of Etho Capital will share enlightening case studies on the effective implementation of climate action and will explore the crucial tools and frameworks for monitoring, reporting, and assessing progress on ESG goals. Etho Capital is devoted to harmonizing investor profits with a sustainable future by developing public equity index strategies that emphasize efficiency, innovation, and ESG sustainability. By working closely with asset owners, they manage and track climate and ESG impacts across portfolios, assisting investors of all sizes in achieving decarbonization targets while maximizing financial returns. Join us in this masterclass to learn how these insights can enhance your company's financial resilience, provide a competitive advantage, and strengthen stakeholder trust. More information at https://lnkd.in/gngmuTe9 Register now at our conference site (limited seats available): https://lnkd.in/gBVzj5um #NCGS2024 #climategovernancemalaysia #NCGSMasterclass #NCGSWorkshop #sustainability #climateaction