Oneka Technologies has developed a floating desalination system that can turn seawater into drinkable water using renewable wave power. The machines require less energy to remove salt than large, shore-based desalination plants so they can provide freshwater to coastal communities and industries with less environmental impact.
As far as life goes, priorities can’t get much bigger than Water. As far as the financial markets, Water is such a huge fundamental risk that it could cause another recession or financial crisis when we reach a tipping point. Studies have found that companies with poor Indigenous Peoples (IP) risk management also had low ESG social performance ratings and higher risk.
“We work hard to provide investment options that pursue market-level returns while also aligning investors’ faith, values and investments. This report delves into many key themes for Praxis including encouraging the low carbon transition, addressing inequality, supporting low income and underserved communities, and engaging companies on good corporate governance.” said Mark Regier, VP of Stewardship Investing.
As You Sow and Corporate Knights recently released their 11th update of the Carbon Clean200™, a list of 200 publicly traded companies worldwide leading the way among global peers to a clean energy present and future. These companies generated almost double the returns of the main fossil fuel index from July 1, 2016, to January 15, 2024, despite geopolitical tensions that have favored fossil fuel stocks in the past two years.
The 134 global members of NGFS collaborate and produce guidance on various critical topics including on supervisory practices for managing climate-related risks, design and analysis of climate scenarios and the implications of climate change for monetary policy. The collective also provides guidance for central banks on the transition to net zero and the emerging issue of nature-related financial risks.
Climate action plans with specific metrics will unleash both business innovation and societal advances for all including our families, communities, and the broader economy. Clear climate action plans, coupled with state and federal policy, will accelerate the clean energy economy, bringing innovation and jobs. Clean energy is growing at the fast pace and now provides 30% of the world’s electricity, on to 40% in the next four years.
Churches are looking to use their real estate assets to address the growing housing affordability crisis and their own need for financial sustainability. Congregations are talking, and millions of homes are possible. New Way Homes, a non-profit that runs an impact investment fund for affordable housing development, and Workbench, a develop-design-build firm, have partnered to create a new development model.
The impact investing market grew from $502 billion in 2018 to $1.16 trillion in 2021, yet only 56% of investors said their financial advisors asked about their impact goals. In today’s environment, talking about financial performance alone isn’t going to capture a client’s attention. This Guide is meant to help Financial Advisors leverage impact investing better, so they can seize the opportunity to support their clients in their sustainable investing journeys.
In MSCI’s Sustainability and Climate Trends to Watch 2024 Report, we explore the key themes that could shape the world of ESG investing this year and beyond. Our report brings together the key questions that our global research team is asking and offers thoughtful analyses and useful insights to help navigate the investment landscape that lies ahead. This article looks at numerous impactful trends that we have identified.
We begin at the Kingdom Advisors conference, with a rapidly expanding association of advisors that aims “to carry Biblical financial wisdom to their clients, peers, and community.” How large is the faith-based investment market after factoring in the assets of individuals and institutions? Find out in a recent report from Morningstar which has sized up the faith-based market including Christian and Islamic ETFs and mutual funds.
