The economic tailwinds are behind the clean energy transition. Climate change is a glaring risk on the horizon that should be impossible to ignore. But like so much of society, the stock market is stuck in Don’t Look Up mode. Asset managers can impactfully change the narrative around sustainable and climate-focused investing, while fulfilling fiduciary duty.
The world is in a race between two very different futures, according to Project Drawdown’s executive director Dr. Jonathan Foley. The world will be a bleak one where we let climate change go unabated and the effects get worse and worse or one where we don’t let climate change go unabated and we build a better, more sustainable and equitable world.
The new scorecard by the Ceres Accelerator for Sustainable Capital Markets shows how 10 federal financial regulators have implemented key actions to address the financial risks of climate change. There is still much more work to do addressing these risks with the same level of ambition and urgency as their global counterparts.
Recently, Environmental Finance named Sunwealth’s Solar Impact Fund their 2023 ESG Fixed Income Fund of the Year. This recognition is part of Environmental Finance’s 2023 Sustainable Investment Awards – a global initiative that seeks to recognize fund and asset managers focused on ESG and sustainability.
We’re using a record amount of electricity here on Earth but while emissions are up, the energy mix is changing significantly. Indeed, wind and solar were up 19% year-on-year from 2021, whereas coal was up just 1.1% and natural gas use actually plateaued. As a result, the energy we use now has the lowest carbon emissions ever.
From the 2022 Archives – For GM, the pandemic became an opportunity for company-wide innovation. With the development and launch of numerous EVs, we showed ourselves and the world just how agile and creative we could be, even during a challenging time for everyone across the globe. Today, we’re using what we’ve learned to propel forward our vision of an all-electric, more sustainable and more inclusive future.