Posts

Showing posts with the label UNEP FI

#1 - IFC Elevating Environmental, Social, and Governance Reporting in Emerging Markets

Image
Guest Blog by Norman McComb Demystifying Sustainability & ESG | International Development Approved Safeguards Expert | Transforming & Futureproofing -this was originally published here Read the IFC Elevating Environmental, Social, and Governance Reporting in Emerging Markets  THANK YOU I felt compelled after reading this report to revisit the genesis of ESG. Would you believe, a significant proportion of people working within and across ESG, Sustainability and Environmental sectors, don't know the origins of “ESG”! ESG has morphed… it penetrates all sectors and industries, far from its origins within the United Nations Environment Programme Finance Initiative (UNEP FI). Now found in the mainstream press, it’s been weaponised, and some might say, you can determine the political leaning or wokeness of people whether pro or anti-ESG. LinkedIn is a treasure trove for inquisitive researchers, ChatGPT won’t find you this (just yet). When I see "ESG", I’m reminded of...

UNEP Finance Initiative Update

Image
  View in browser   March 2025   Your UNEP FI update   ...

The Impact Management Platform launches new consensus view of the actions and fundamental characteristics of impact management

Image
 Reproduced from UNEP Finance Initiative web site here Recent years have seen accelerated uptake of sustainability-related standards and practices. Enterprises, investors and financial institutions are increasingly paying attention to their sustainability-related risks, and are managing some of their impacts in the process. Despite this, the management of private sector impacts on people and the natural environment continues to be done in a fragmented, narrow and short-sighted way, if at all. Recognising the need for change, the Partners of the Impact Management Platform have advanced their agenda to clarify and build consensus on the practice of impact management. Eighteen months after agreeing to work together via the Platform, the Partners have released a set of new outputs, including: A thought piece clarifying the imperative for impact management and the relationship between impacts, system-wide risk and materiality, arguing that impact management is not only a ...

UN-convened Net-Zero Insurance Alliance releases white paper to advance net-zero insurance thinking and practices globally

Image
The   Unied Nations-convened Net-Zero Insurance Alliance (NZIA)   has published its white paper,   “Insuring the net-zero transition: Evolving thinking and practices” .   Download the   white paper . 1. Context and aims This white paper was identified as a priority by NZIA founding members last year. The aim was to produce an initial NZIA publication that will demystify, shape and advance net-zero insurance thinking and practices globally. In simple terms, this paper is meant for those who are familiar with net zero but not insurance, those familiar with insurance but not net zero, and those unfamiliar with both net zero and insurance.  Net-zero insurance is a new concept catalysed by the activities of   UN Environment Programme’s Principles for Sustainable Insurance Initiative (PSI) , culminating with the launch of the NZIA last year. Therefore, the relevant net-zero insurance frameworks, definitions and methodologies are still evolving, wit...