As the low-carbon transition accelerates, more companies are considering climate change in their operations and decision-making. Part of this shift is due to regulation. In many jurisdictions, governments are requiring businesses to disclose climate-related information in their periodic filings. Climate-related disclosures inform companies’ key stakeholders of how they’re approaching the challenges and opportunities related to […]
Product Trend: Product Trend
The Investment Case for Climate Opportunities
While asset managers are in the business of growing their clients’ wealth, they’re also increasingly being asked to support climate goals. On paper these two objectives may appear at odds with one another, but in practice there’s plenty of overlap between them. Investing in climate opportunities can yield healthy financial returns and power the low-carbon […]
5 Key Considerations for Retail Companies to Enhance Climate Action
Retail is one the most important contributors to economic growth and development. The sector contributed approximately USD$20trn to the global economy in 2020 and is expected to grow to almost USD$30trn by 2025. The sheer volume of goods and products manufactured, stored, and distributed across retail supply chains also means that the sector will play […]
How to Kick-Start a Climate Action Plan
Companies big and small are thinking about producing climate action plans. Some are under pressure to do so from regulators or shareholders, while others are being encouraged by large companies in their value chains. Many more businesses may be driven by their values or by more prosaic concerns, like protecting themselves from climate-related financial risks. […]
An Economic Slump is No Reason to Skimp on ESG
High inflation and slow economic growth have darkened the outlook for businesses. Big and small companies face higher costs and lower profits, and many are reviewing their expenditures to see where they can save. A recent survey found that investments for improved sustainability and reduced environmental impact are among the most likely to be cut […]
What OSFI’s Draft Climate Risk Guideline Means for Canadian Financial Institutions
On May 26, Canada’s federal financial regulator released a draft guideline that outlines how nationally regulated financial firms should both manage and disclose their climate risks. As part of the draft guideline, the Office of the Superintendent of Financial Institutions (OSFI) lays out six climate governance and risk management principles, as well as six climate-related […]
Your TCFD Journey in 3 Steps
The Task Force on Climate-related Financial Disclosures (TCFD) is a globally recognized framework that allows businesses to identify, manage, and respond to their climate-related risks and opportunities. The framework has broad buy-in from policymakers, world leaders, investors, and activists. Endorsed by the G20, many jurisdictions — including Canada, the US, and the European Union — […]
Poor Sustainability Data May Hinder Canada’s Climate Transition
Canada has a sustainability data problem. Until it’s solved, financial institutions will struggle to efficiently allocate capital in support of the country’s climate transition. That’s the conclusion of a new report out of Queen’s University’s Institute for Sustainable Finance (ISF), a network of professionals from across academia, the private sector, and government. The institute said […]
How Climate Tech Enables the Climate Transformation
Manifest Climate’s CEO and Co-Founder, Laura Zizzo, spoke at the Sustainable Investment Forum Europe 2022 about how climate tech can foster climate transformation. The conversation covered everything from firms’ climate journeys to technology’s role in supporting and promoting them. Here are some key takeaways: Leaders need to ask the right climate-related questions In today’s complicated […]
Climate Basics: Six Key Takeaways
This blog is based on a Manifest Climate webinar that was moderated by our CEO and co-founder Laura Zizzo and in conversation with climate strategists Adam Rochwerg and Peter Coxford. 1. Climate change is the greatest economic risk to society The risks of climate change have become so severe, influencing everything from natural ecosystems, to […]