The US is heading into Labor Day weekend, and at the ESG Insider podcast we’re turning our focus to the topic of jobs. Specifically — how is the talent landscape changing for ESG and sustainability professionals?  

To learn more we speak to Ellen Weinreb, founder of Weinreb Group, a boutique recruiting firm focused on ESG and sustainability candidates. Ellen points to an increasing focus on compliance, data governance and regulation, which she says is leading to a “big rise” in ESG controller roles. 

“Right now the latest shift is around regulatory and then also around the nonfinancial reporting and the roles that the regulators are playing in terms of getting the data that's auditable and verified and assured. And so, there are more roles popping up in the controller's office,” she tells us.    

Ellen also talks about why companies are seeking sustainability leaders who can be “corporate chameleons” — and what these candidates are seeking in potential employers. She shares her advice for candidates earlier in their careers considering a sustainability role. And she talks about what’s next for sustainability recruiting. 

Listen to our previous episode on how the hunt for ESG talent is evolving here: https://www.spglobal.com/esg/podcasts/how-the-global-esg-recruiting-landscape-is-changing  

Learn more about the event S&P Global Sustainable1 is hosting during Climate Week NYC here: https://www.spglobal.com/esg/events/climate-week-nyc-2024  

Read research from S&P Global Sustainable1: Prioritizing employee wellbeing may help stem the tide of rising turnover: https://www.spglobal.com/esg/insights/featured/special-editorial/prioritizing-employee-wellbeing-may-help-stem-the-tide-of-rising-turnover  

This piece was published by S&P Global Sustainable1, a part of S&P Global.  

Copyright ©2024 by S&P Global  

DISCLAIMER  

By accessing this Podcast, I acknowledge that S&P GLOBAL makes no warranty, guarantee, or representation as to the accuracy or sufficiency of the information featured in this Podcast. The information, opinions, and recommendations presented in this Podcast are for general information only and any reliance on the information provided in this Podcast is done at your own risk. This Podcast should not be considered professional advice. Unless specifically stated otherwise, S&P GLOBAL does not endorse, approve, recommend, or certify any information, product, process, service, or organization presented or mentioned in this Podcast, and information from this Podcast should not be referenced in any way to imply such approval or endorsement. The third party materials or content of any third party site referenced in this Podcast do not necessarily reflect the opinions, standards or policies of S&P GLOBAL. S&P GLOBAL assumes no responsibility or liability for the accuracy or completeness of the content contained in third party materials or on third party sites referenced in this Podcast or the compliance with applicable laws of such materials and/or links referenced herein. Moreover, S&P GLOBAL makes no warranty that this Podcast, or the server that makes it available, is free of viruses, worms, or other elements or codes that manifest contaminating or destructive properties.  

S&P GLOBAL EXPRESSLY DISCLAIMS ANY AND ALL LIABILITY OR RESPONSIBILITY FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR OTHER DAMAGES ARISING OUT OF ANY INDIVIDUAL'S USE OF, REFERENCE TO, RELIANCE ON, OR INABILITY TO USE, THIS PODCAST OR THE INFORMATION PRESENTED IN THIS PODCAST. 

On the ESG Insider podcast, we often hear that achieving the low-carbon transition on a global scale will require a mix of solutions. Carbon markets are one key tool available to companies and countries.

In this episode, we bring you the second of a two-part miniseries on carbon markets. In part one last week, we explored how voluntary and compliance carbon markets work. We also heard that voluntary carbon markets have faced some recent challenges and criticisms that have eroded confidence and dampened trading in those markets.  

In this episode, we dig into what is driving those challenges and how the voluntary market is evolving to address the concerns. We explore different types of voluntary carbon credits that are currently available in the market. And we hear how voluntary markets can play a role in international decarbonization efforts.  

We talk with Dr. Spencer Meyer, Chief Ratings Officer at BeZero Carbon, which provides project-level credit risk assessments for voluntary carbon credits. Spencer explains that carbon markets are relatively new and are still developing the necessary safeguards and infrastructure.  

"What we've been seeing over the last year or two are quite a few new initiatives really to improve the quality and integrity in the market," says Spencer. "In general, I think the market is moving in a strong direction. But it will take some time to work out the kinks." 

We also speak with Frédéric Gagnon-Lebrun, Global Director for Climate Policy, Finance and Carbon Markets at South Pole, a carbon project expert and climate consultancy. 

Listen to part one of our carbon markets miniseries, "Exploring the role of carbon markets in reaching climate targets," here: https://www.spglobal.com/esg/podcasts/exploring-the-role-of-carbon-markets-in-reaching-climate-targets  

Listen to our episode about Article 6 of the Paris Agreement here: https://www.spglobal.com/esg/podcasts/at-cop26-why-article-6-matters-to-companies-and-investors  

Click here to learn more about S&P Global Commodity Insights' research and analysis of carbon markets: https://www.spglobal.com/commodityinsights/en/commodities/energy-transition/carbon  

This piece was published by S&P Global Sustainable1, a part of S&P Global. 

*Episode show notes updated on August 28, 2024, with a revised description of South Pole.

Copyright ©2024 by S&P Global 

DISCLAIMER 

By accessing this Podcast, I acknowledge that S&P GLOBAL makes no warranty, guarantee, or representation as to the accuracy or sufficiency of the information featured in this Podcast. The information, opinions, and recommendations presented in this Podcast are for general information only and any reliance on the information provided in this Podcast is done at your own risk. This Podcast should not be considered professional advice. Unless specifically stated otherwise, S&P GLOBAL does not endorse, approve, recommend, or certify any information, product, process, service, or organization presented or mentioned in this Podcast, and information from this Podcast should not be referenced in any way to imply such approval or endorsement. The third party materials or content of any third party site referenced in this Podcast do not necessarily reflect the opinions, standards or policies of S&P GLOBAL. S&P GLOBAL assumes no responsibility or liability for the accuracy or completeness of the content contained in third party materials or on third party sites referenced in this Podcast or the compliance with applicable laws of such materials and/or links referenced herein. Moreover, S&P GLOBAL makes no warranty that this Podcast, or the server that makes it available, is free of viruses, worms, or other elements or codes that manifest contaminating or destructive properties. 

S&P GLOBAL EXPRESSLY DISCLAIMS ANY AND ALL LIABILITY OR RESPONSIBILITY FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR OTHER DAMAGES ARISING OUT OF ANY INDIVIDUAL'S USE OF, REFERENCE TO, RELIANCE ON, OR INABILITY TO USE, THIS PODCAST OR THE INFORMATION PRESENTED IN THIS PODCAST. 

In this episode of the ESG Insider podcast, we talk with Paul Bodnar, Director of Sustainable Finance, Industry and Diplomacy at the Bezos Earth Fund, about solving the finance gap for climate and nature.  

The Bezos Earth Fund was created in 2020 with a $10 billion commitment from Jeff Bezos, founder of e-commerce giant Amazon. The fund aims to disperse that $10 billion in grants by 2030 to fight climate change and protect nature.  

Paul talked to us on the sidelines of the GreenFin conference in New York about how to increase innovation and investments in nature, food systems, and climate change.  

"What really drives fast, deep and broad change in the global economy is markets. Finance, technology, business model innovation — those things spread like wildfire. And so we have to activate those vectors in service of climate action," Paul says. 

Listen to our interview with Sagarika Chatterjee, Climate Finance Director and Finance Lead for the UN Climate Change High-Level Champions here: https://www.spglobal.com/esg/podcasts/how-ai-could-solve-the-data-challenge-for-climate-nature-and-the-energy-transition  

GreenBiz Group hosts the GreenFin conference and S&P Global Sustainable1 is a sponsor.  

This piece was published by S&P Global Sustainable1, a part of S&P Global.      

Copyright ©2024 by S&P Global     

DISCLAIMER     

By accessing this Podcast, I acknowledge that S&P GLOBAL makes no warranty, guarantee, or representation as to the accuracy or sufficiency of the information featured in this Podcast. The information, opinions, and recommendations presented in this Podcast are for general information only and any reliance on the information provided in this Podcast is done at your own risk. This Podcast should not be considered professional advice. Unless specifically stated otherwise, S&P GLOBAL does not endorse, approve, recommend, or certify any information, product, process, service, or organization presented or mentioned in this Podcast, and information from this Podcast should not be referenced in any way to imply such approval or endorsement. The third party materials or content of any third party site referenced in this Podcast do not necessarily reflect the opinions, standards or policies of S&P GLOBAL. S&P GLOBAL assumes no responsibility or liability for the accuracy or completeness of the content contained in third party materials or on third party sites referenced in this Podcast or the compliance with applicable laws of such materials and/or links referenced herein. Moreover, S&P GLOBAL makes no warranty that this Podcast, or the server that makes it available, is free of viruses, worms, or other elements or codes that manifest contaminating or destructive properties.

S&P GLOBAL EXPRESSLY DISCLAIMS ANY AND ALL LIABILITY OR RESPONSIBILITY FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR OTHER DAMAGES ARISING OUT OF ANY INDIVIDUAL'S USE OF, REFERENCE TO, RELIANCE ON, OR INABILITY TO USE, THIS PODCAST OR THE INFORMATION PRESENTED IN THIS PODCAST. 

Taxonomies: This is a topic that has dominated many conversations in the sustainability world in recent years. In this episode of the ESG Insider podcast, we explore the growing number of taxonomies around the world.

In simple terms, a taxonomy is a kind of dictionary of sustainable activities designed to provide clarity on which economic activities are sustainable and to support investment flows into those activities. A recently released report from international conservation organization WWF and German sustainable finance think tank Climate & Company finds dozens of sustainable finance taxonomies have been introduced or are being developed across the globe.  

To learn more about the role of taxonomies, we speak to two of the report’s authors: Jochen Krimphoff, who is Data, Tools and Methodology Lead for WWF's Greening Financial Regulation Initiative, and Climate & Co. Analyst Daniel Scharwies. We also talk with Matthew Townsend, Co-Head of the International Environmental, Climate and Regulatory Law Groups at law firm Allen & Overy.  

Read the report from WWF and Climate & Co. here: https://wwfin.awsassets.panda.org/downloads/when_finance_talks_nature.pdf    

We'd love to hear from you. To give us feedback on this episode or share ideas for future episodes, please contact hosts Lindsey Hall (lindsey.hall@spglobal.com) and Esther Whieldon (esther.whieldon@spglobal.com).  

 *Episode description updated Feb. 13, 2023, to correct the title of Climate & Company.

Copyright ©2023 by S&P Global  

DISCLAIMER  

By accessing this Podcast, I acknowledge that S&P GLOBAL makes no warranty, guarantee, or representation as to the accuracy or sufficiency of the information featured in this Podcast. The information, opinions, and recommendations presented in this Podcast are for general information only and any reliance on the information provided in this Podcast is done at your own risk. This Podcast should not be considered professional advice. Unless specifically stated otherwise, S&P GLOBAL does not endorse, approve, recommend, or certify any information, product, process, service, or organization presented or mentioned in this Podcast, and information from this Podcast should not be referenced in any way to imply such approval or endorsement. The third party materials or content of any third party site referenced in this Podcast do not necessarily reflect the opinions, standards or policies of S&P GLOBAL. S&P GLOBAL assumes no responsibility or liability for the accuracy or completeness of the content contained in third party materials or on third party sites referenced in this Podcast or the compliance with applicable laws of such materials and/or links referenced herein. Moreover, S&P GLOBAL makes no warranty that this Podcast, or the server that makes it available, is free of viruses, worms, or other elements or codes that manifest contaminating or destructive properties.  

S&P GLOBAL EXPRESSLY DISCLAIMS ANY AND ALL LIABILITY OR RESPONSIBILITY FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR OTHER DAMAGES ARISING OUT OF ANY INDIVIDUAL'S USE OF, REFERENCE TO, RELIANCE ON, OR INABILITY TO USE, THIS PODCAST OR THE INFORMATION PRESENTED IN THIS PODCAST.

In the past few years, hundreds of financial institutions have made big announcements about becoming net zero or carbon neutral by 2050.  

But S&P Global Sustainable1 data indicates that many of these pledges don’t address Scope 3 financed emissions, which come from the investments financial institutions make or the loans they finance. These account for the bulk of the industry’s emissions.  

In this episode of the ESG Insider podcast, we’re digging into the steps financial institutions are taking to reduce emissions across their value chain. We speak to Laurent Babikian from environmental nonprofit CDP. We hear from Samu Slotte, the Global Head of Sustainable Finance at big Danish lender Danske Bank. And we talk with Antoni Ballabriga, the Global Head of Responsible Business at Spanish bank BBVA.  

Read research from S&P Global Sustainable1 on how financial institutions are addressing financed emissions here: https://www.spglobal.com/esg/insights/financed-emissions-are-missing-from-many-firms-net-zero-plans  

We'd love to hear from you. To give us feedback on this episode or share ideas for future episodes, please contact hosts Lindsey Hall (lindsey.hall@spglobal.com) and Esther Whieldon (esther.whieldon@spglobal.com). 

Copyright ©2023 by S&P Global 

DISCLAIMER 

By accessing this Podcast, I acknowledge that S&P GLOBAL makes no warranty, guarantee, or representation as to the accuracy or sufficiency of the information featured in this Podcast. The information, opinions, and recommendations presented in this Podcast are for general information only and any reliance on the information provided in this Podcast is done at your own risk. This Podcast should not be considered professional advice. Unless specifically stated otherwise, S&P GLOBAL does not endorse, approve, recommend, or certify any information, product, process, service, or organization presented or mentioned in this Podcast, and information from this Podcast should not be referenced in any way to imply such approval or endorsement. The third party materials or content of any third party site referenced in this Podcast do not necessarily reflect the opinions, standards or policies of S&P GLOBAL. S&P GLOBAL assumes no responsibility or liability for the accuracy or completeness of the content contained in third party materials or on third party sites referenced in this Podcast or the compliance with applicable laws of such materials and/or links referenced herein. Moreover, S&P GLOBAL makes no warranty that this Podcast, or the server that makes it available, is free of viruses, worms, or other elements or codes that manifest contaminating or destructive properties. 

S&P GLOBAL EXPRESSLY DISCLAIMS ANY AND ALL LIABILITY OR RESPONSIBILITY FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR OTHER DAMAGES ARISING OUT OF ANY INDIVIDUAL'S USE OF, REFERENCE TO, RELIANCE ON, OR INABILITY TO USE, THIS PODCAST OR THE INFORMATION PRESENTED IN THIS PODCAST.

The annual Davos summit just ended, and one of the topics of discussion at this World Economic Forum event was stakeholder capitalism.

In simple terms, stakeholder capitalism is the idea that companies are responsible to a wide range of stakeholders, including their customers, employees, suppliers and communities, as well as their shareholders. A few years ago, this was a big topic at Davos as the World Economic Forum helped develop a set of “Stakeholder Capitalism Metrics” to offer companies universal, comparable disclosures focused on people, planet, prosperity and governance. 

In this episode of the ESG Insider podcast, we look at how discussions of stakeholder capitalism are evolving.  

"It's not going away — if anything, our community of companies committed to this is growing," says Emily Bayley, the World Economic Forum's project lead for ESG. "We're starting to see companies not just talking and making commitments, but actually putting steps forward into action." 

In the episode we also speak to Suz Mac Cormac, a partner at law firm Morrison Foerster, where she co-chairs the ESG, Social Enterprise + Impact Investing and Energy practices. “Stakeholder capitalism is here to stay,” Suz tells us.  

We'd love to hear from you. To give us feedback on this episode or share ideas for future episodes, please contact hosts Lindsey Hall (lindsey.hall@spglobal.com) and Esther Whieldon (esther.whieldon@spglobal.com).  

Copyright ©2023 by S&P Global  

DISCLAIMER   

By accessing this Podcast, I acknowledge that S&P GLOBAL makes no warranty, guarantee, or representation as to the accuracy or sufficiency of the information featured in this Podcast. The information, opinions, and recommendations presented in this Podcast are for general information only and any reliance on the information provided in this Podcast is done at your own risk. This Podcast should not be considered professional advice. Unless specifically stated otherwise, S&P GLOBAL does not endorse, approve, recommend, or certify any information, product, process, service, or organization presented or mentioned in this Podcast, and information from this Podcast should not be referenced in any way to imply such approval or endorsement. The third party materials or content of any third party site referenced in this Podcast do not necessarily reflect the opinions, standards or policies of S&P GLOBAL. S&P GLOBAL assumes no responsibility or liability for the accuracy or completeness of the content contained in third party materials or on third party sites referenced in this Podcast or the compliance with applicable laws of such materials and/or links referenced herein. Moreover, S&P GLOBAL makes no warranty that this Podcast, or the server that makes it available, is free of viruses, worms, or other elements or codes that manifest contaminating or destructive properties.  

S&P GLOBAL EXPRESSLY DISCLAIMS ANY AND ALL LIABILITY OR RESPONSIBILITY FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR OTHER DAMAGES ARISING OUT OF ANY INDIVIDUAL'S USE OF, REFERENCE TO, RELIANCE ON, OR INABILITY TO USE, THIS PODCAST OR THE INFORMATION PRESENTED IN THIS PODCAST.

In 2022, the world experienced major climate-related disasters ranging from flooding and hurricanes to drought and extreme heatwaves. Moreover, 2022 was the sixth-warmest year on record, according to scientists at the U.S. National Oceanic and Atmospheric Administration, or NOAA. 

NOAA just issued its annual report on climate trends in the U.S. for 2022, which includes a review of the major climate-driven weather events that each cost at least $1 billion. NOAA reported 18 separate billion-dollar weather events that collectively cost more than $165 billion — the third-highest tally since 1980 — and resulted in hundreds of deaths.  

To learn more about NOAA's findings and the high price of climate-related disasters, in this episode of the ESG Insider podcast we talk with scientists from NOAA's National Centers for Environmental Information, or NCEI. They are Karin Gleason, NCEI's chief of climate monitoring, and Adam Smith, an applied climatologist at NCEI. 

"Much of the world operates on a 20th-century infrastructure and economy, but now we're living in a 21st-century climate. And so the inefficiencies of those two realities are becoming more clear as we move into the future," Adam tells us. 

"We have our work cut out for us to better mitigate against future damages that we know will continue," he says. 

We'd love to hear from you. To give us feedback on this episode or share ideas for future episodes, please contact hosts Lindsey Hall (lindsey.hall@spglobal.com) and Esther Whieldon (esther.whieldon@spglobal.com).   

Photo source: Getty Images   

Copyright ©2023 by S&P Global   

DISCLAIMER    

By accessing this Podcast, I acknowledge that S&P GLOBAL makes no warranty, guarantee, or representation as to the accuracy or sufficiency of the information featured in this Podcast. The information, opinions, and recommendations presented in this Podcast are for general information only and any reliance on the information provided in this Podcast is done at your own risk. This Podcast should not be considered professional advice. Unless specifically stated otherwise, S&P GLOBAL does not endorse, approve, recommend, or certify any information, product, process, service, or organization presented or mentioned in this Podcast, and information from this Podcast should not be referenced in any way to imply such approval or endorsement. The third party materials or content of any third party site referenced in this Podcast do not necessarily reflect the opinions, standards or policies of S&P GLOBAL. S&P GLOBAL assumes no responsibility or liability for the accuracy or completeness of the content contained in third party materials or on third party sites referenced in this Podcast or the compliance with applicable laws of such materials and/or links referenced herein. Moreover, S&P GLOBAL makes no warranty that this Podcast, or the server that makes it available, is free of viruses, worms, or other elements or codes that manifest contaminating or destructive properties.

S&P GLOBAL EXPRESSLY DISCLAIMS ANY AND ALL LIABILITY OR RESPONSIBILITY FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR OTHER DAMAGES ARISING OUT OF ANY INDIVIDUAL'S USE OF, REFERENCE TO, RELIANCE ON, OR INABILITY TO USE, THIS PODCAST OR THE INFORMATION PRESENTED IN THIS PODCAST.

In late December 2022, nearly 200 countries at the U.N. biodiversity conference known as COP15 reached a landmark agreement for protecting and restoring nature by 2030. Deforestation was a big topic of conversation at COP15 given the importance of forests for both biodiversity and climate change.  

In this episode of ESG Insider, we look at how some asset managers are addressing one of the largest drivers of forest loss, commodity-driven deforestation, which includes the clearing of forests for farming and mining.  

We speak with Jan Erik Saugestad, who is the CEO of Storebrand Asset Management, Norway's largest private asset manager. And we talk with Lauren Compere, Managing Director and Head of Stewardship and Engagement at Boston Common Asset Management.  

To learn more about COP15, listen to our episode here: https://www.spglobal.com/esg/podcasts/on-the-ground-at-cop15-how-business-is-getting-to-grips-with-biodiversity  

Read S&P Global Sustainable1's research, "Biodiversity is still a blind spot for most companies around the world," here: https://www.spglobal.com/esg/insights/biodiversity-is-still-a-blind-spot-for-most-companies-around-the-world 

We'd love to hear from you. To give us feedback on this episode or share ideas for future episodes, please contact hosts Lindsey Hall (lindsey.hall@spglobal.com) and Esther Whieldon (esther.whieldon@spglobal.com).  

 Photo source: Getty Images  

 Copyright ©2023 by S&P Global  

 DISCLAIMER   

 By accessing this Podcast, I acknowledge that S&P GLOBAL makes no warranty, guarantee, or representation as to the accuracy or sufficiency of the information featured in this Podcast. The information, opinions, and recommendations presented in this Podcast are for general information only and any reliance on the information provided in this Podcast is done at your own risk. This Podcast should not be considered professional advice. Unless specifically stated otherwise, S&P GLOBAL does not endorse, approve, recommend, or certify any information, product, process, service, or organization presented or mentioned in this Podcast, and information from this Podcast should not be referenced in any way to imply such approval or endorsement. The third party materials or content of any third party site referenced in this Podcast do not necessarily reflect the opinions, standards or policies of S&P GLOBAL. S&P GLOBAL assumes no responsibility or liability for the accuracy or completeness of the content contained in third party materials or on third party sites referenced in this Podcast or the compliance with applicable laws of such materials and/or links referenced herein. Moreover, S&P GLOBAL makes no warranty that this Podcast, or the server that makes it available, is free of viruses, worms, or other elements or codes that manifest contaminating or destructive properties.  

S&P GLOBAL EXPRESSLY DISCLAIMS ANY AND ALL LIABILITY OR RESPONSIBILITY FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR OTHER DAMAGES ARISING OUT OF ANY INDIVIDUAL'S USE OF, REFERENCE TO, RELIANCE ON, OR INABILITY TO USE, THIS PODCAST OR THE INFORMATION PRESENTED IN THIS PODCAST.

In this episode of ESG Insider, we’re looking ahead to sustainability themes that will drive 2023 by revisiting our most popular episodes and some of our favorite interviews from the past year.   

We’ll hear from one of the world’s largest banks; the Chair of the Network for Greening the Financial System, or NGFS; the Co-Chair of the Taskforce on Nature-related Financial Disclosures, or TNFD; some of the scientists behind reports by the UN's Intergovernmental Panel on Climate Change, or IPPC; and more. To listen to full versions of the interviews highlighted in this episode, see the following links: 

Listen to our April 2022 episode with Karen Fang, Global Head of Sustainable Finance at Bank of America, here: https://www.spglobal.com/esg/podcasts/why-bank-of-america-says-scope-3-emissions-biggest-challenge-for-banks  

Hear our March 2022 episode with Victoria Gaytan, Vice President at BlackRock Investment Stewardship, here: https://www.spglobal.com/esg/podcasts/behind-the-scenes-with-blackrock-how-the-world-s-largest-asset-manager-is-engaging-with-companies  

Listen to our February 2022 episode featuring Katie Schmitz Eulitt, in her role as Director of Investor Relationships at the Value Reporting Foundation, which subsequently consolidated with the IFRS, here: https://www.spglobal.com/esg/podcasts/how-to-keep-pace-with-the-fast-changing-landscape-for-esg-regulation-standards  

Check out our April 2022 episode featuring IPCC report contributing author John Bistline: https://www.spglobal.com/esg/podcasts/path-to-net-zero-for-energy-systems-complicated-but-feasible-ipcc-finds  

You can hear our March 2022 episode featuring Dr. Edward Carr, who was a lead author of the IPCC report on climate resilient development pathways, here: https://www.spglobal.com/esg/podcasts/ipcc-climate-report-warns-transformational-change-is-no-longer-optional  

Listen to our December 2022 episode featuring Investor Leadership Network CEO Amy Hepburn at our first-ever ESG Insider Live event here: https://www.spglobal.com/esg/podcasts/live-the-year-the-human-component-of-nature-and-climate-comes-to-the-fore  

Listen to our full August 2022 episode featuring NGFS Chair Ravi Menon here: https://www.spglobal.com/esg/podcasts/how-central-banks-help-combat-climate-change-an-interview-with-ngfs-chair-ravi-menon  

You can hear our December 2022 episode featuring COP15 Executive Secretary and TNFD Co-Chair Elizabeth Mrema here: https://www.spglobal.com/esg/podcasts/cop15-preview-what-will-make-un-s-big-biodiversity-conference-a-success  

Hear the full November 2022 episode featuring Capitals Coalition CEO Mark Gough here: https://www.spglobal.com/esg/podcasts/at-cop27-how-to-make-progress-in-the-face-of-uncertainty  

We'd love to hear from you. To give us feedback on this episode or share ideas for future episodes, please contact hosts Lindsey Hall (lindsey.hall@spglobal.com) and Esther Whieldon (esther.whieldon@spglobal.com).  

Photo source: Getty Images  

Copyright ©2023 by S&P Global  

DISCLAIMER   

By accessing this Podcast, I acknowledge that S&P GLOBAL makes no warranty, guarantee, or representation as to the accuracy or sufficiency of the information featured in this Podcast. The information, opinions, and recommendations presented in this Podcast are for general information only and any reliance on the information provided in this Podcast is done at your own risk. This Podcast should not be considered professional advice. Unless specifically stated otherwise, S&P GLOBAL does not endorse, approve, recommend, or certify any information, product, process, service, or organization presented or mentioned in this Podcast, and information from this Podcast should not be referenced in any way to imply such approval or endorsement. The third party materials or content of any third party site referenced in this Podcast do not necessarily reflect the opinions, standards or policies of S&P GLOBAL. S&P GLOBAL assumes no responsibility or liability for the accuracy or completeness of the content contained in third party materials or on third party sites referenced in this Podcast or the compliance with applicable laws of such materials and/or links referenced herein. Moreover, S&P GLOBAL makes no warranty that this Podcast, or the server that makes it available, is free of viruses, worms, or other elements or codes that manifest contaminating or destructive properties.  

S&P GLOBAL EXPRESSLY DISCLAIMS ANY AND ALL LIABILITY OR RESPONSIBILITY FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR OTHER DAMAGES ARISING OUT OF ANY INDIVIDUAL'S USE OF, REFERENCE TO, RELIANCE ON, OR INABILITY TO USE, THIS PODCAST OR THE INFORMATION PRESENTED IN THIS PODCAST.   

The U.N. biodiversity conference known as COP15 ended earlier this week with a landmark agreement for nature, the Global Biodiversity Framework.   

In this episode of ESG Insider, we unpack the big takeaways from the conference through several on-the-ground interviews in Montreal. We speak to Laurence Pessez, Global Head of Corporate Social Responsibility at the big French bank BNP Paribas. We sit down with Simon Zadek, Executive Director of NatureFinance, a nonprofit focused on advancing the place of nature in decision-making across financial and capital markets. We talk to Linda Krueger, Director of Biodiversity and Infrastructure Policy at The Nature Conservancy, a global environmental nonprofit. And we hear from Tim Christophersen, Vice President for Climate Action at global technology company Salesforce.  

The business community has arrived at "the social tipping point of understanding that we cannot continue to just extract natural capital from Planet Earth without giving back," Tim tells us. And that realization is occurring "not only in the sustainability teams of companies, but in boardrooms with CEOs, with chief finance officers," Tim says. "We've never seen so much business interest in this topic."

We'd love to hear from you. To give us feedback on this episode or share ideas for future episodes, please contact hosts Lindsey Hall (lindsey.hall@spglobal.com) and Esther Whieldon (esther.whieldon@spglobal.com). 

Copyright © 2022 by S&P Global 

DISCLAIMER 

By accessing this Podcast, I acknowledge that S&P GLOBAL makes no warranty, guarantee, or representation as to the accuracy or sufficiency of the information featured in this Podcast. The information, opinions, and recommendations presented in this Podcast are for general information only and any reliance on the information provided in this Podcast is done at your own risk. This Podcast should not be considered professional advice. Unless specifically stated otherwise, S&P GLOBAL does not endorse, approve, recommend, or certify any information, product, process, service, or organization presented or mentioned in this Podcast, and information from this Podcast should not be referenced in any way to imply such approval or endorsement. The third party materials or content of any third party site referenced in this Podcast do not necessarily reflect the opinions, standards or policies of S&P GLOBAL. S&P GLOBAL assumes no responsibility or liability for the accuracy or completeness of the content contained in third party materials or on third party sites referenced in this Podcast or the compliance with applicable laws of such materials and/or links referenced herein. Moreover, S&P GLOBAL makes no warranty that this Podcast, or the server that makes it available, is free of viruses, worms, or other elements or codes that manifest contaminating or destructive properties. 

S&P GLOBAL EXPRESSLY DISCLAIMS ANY AND ALL LIABILITY OR RESPONSIBILITY FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR OTHER DAMAGES ARISING OUT OF ANY INDIVIDUAL'S USE OF, REFERENCE TO, RELIANCE ON, OR INABILITY TO USE, THIS PODCAST OR THE INFORMATION PRESENTED IN THIS PODCAST. 

Mining exploration around the world is picking up as companies seek new deposits of elements like lithium and copper to support the energy transition. Research by S&P Global Sustainable1 finds there is overlap between existing mines and exploration sites and some of the world’s most important areas for biodiversity.  

In this episode of the ESG Insider podcast, we explore what the mining industry is doing to reduce its impact on nature and local communities — including by recycling minerals. 

To understand the industry perspective on this topic, we talk with Rohitesh Dhawan, President and CEO of the International Council on Mining and Metals. ICMM is an industry group that aims to enhance the contribution of mining and metals to sustainable development. It works with 26 of the largest mining companies in the world that collectively represent about a third of the global metals and mining industry.   

To understand what kind of investments are being made in recycling critical minerals, we speak to Brian Menell, Chairman and CEO of private mining investment and operating company TechMet. Brian founded TechMet in 2017 to invest in metals needed for clean energy technologies as well as battery recycling.  

And to learn more about the circular economy, we talk with Raquel Dominguez, who is the Circular Economy Policy Advocate at Earthworks. That's an environmental group that aims to protect communities and the environment from the adverse impacts of mineral and energy development while also promoting sustainable solutions such as critical minerals recycling.   

Read S&P Global Sustainable1's report titled "Rocks and hard places: The complicated nexus of energy transition minerals and biodiversity" here: https://www.spglobal.com/esg/insights/featured/special-editorial/rocks-and-hard-places-the-complicated-nexus-of-energy-transition-minerals-and-biodiversity    

Listen to our preview of what to expect at COP15, the big UN biodiversity conference taking place in Montreal, Canada, in December, here: https://www.spglobal.com/esg/podcasts/cop15-preview-what-will-make-un-s-big-biodiversity-conference-a-success 

We'd love to hear from you. To give us feedback on this episode or share ideas for future episodes, please contact hosts Lindsey Hall (lindsey.hall@spglobal.com) and Esther Whieldon (esther.whieldon@spglobal.com).  

 Photo source: Getty Images  

 Copyright © 2022 by S&P Global  

 DISCLAIMER   

 By accessing this Podcast, I acknowledge that S&P GLOBAL makes no warranty, guarantee, or representation as to the accuracy or sufficiency of the information featured in this Podcast. The information, opinions, and recommendations presented in this Podcast are for general information only and any reliance on the information provided in this Podcast is done at your own risk. This Podcast should not be considered professional advice. Unless specifically stated otherwise, S&P GLOBAL does not endorse, approve, recommend, or certify any information, product, process, service, or organization presented or mentioned in this Podcast, and information from this Podcast should not be referenced in any way to imply such approval or endorsement. The third party materials or content of any third party site referenced in this Podcast do not necessarily reflect the opinions, standards or policies of S&P GLOBAL. S&P GLOBAL assumes no responsibility or liability for the accuracy or completeness of the content contained in third party materials or on third party sites referenced in this Podcast or the compliance with applicable laws of such materials and/or links referenced herein. Moreover, S&P GLOBAL makes no warranty that this Podcast, or the server that makes it available, is free of viruses, worms, or other elements or codes that manifest contaminating or destructive properties.  

S&P GLOBAL EXPRESSLY DISCLAIMS ANY AND ALL LIABILITY OR RESPONSIBILITY FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR OTHER DAMAGES ARISING OUT OF ANY INDIVIDUAL'S USE OF, REFERENCE TO, RELIANCE ON, OR INABILITY TO USE, THIS PODCAST OR THE INFORMATION PRESENTED IN THIS PODCAST. 

We just hosted our inaugural ESG Insider Live podcast event, bringing our show on the road to host interviews in front of an audience. In today’s episode, we bring you the highlights of those interviews on the topics of climate, nature and the evolving ESG landscape.  

We talk to Amy Hepburn, CEO of the Investor Leadership Network, a coalition of institutional investors representing more than $10 trillion in assets under management. She says that to advance climate goals, stakeholders need to address the “deficit of trust.” 

"That is a real blocker for progress," Amy tells us. "Sitting around the table with different voices and really trusting each other to be creative and to collaborate and be cooperative."  

We hear from Evan Harvey, who after two decades at Nasdaq, has joined Deloitte as Managing Director of Sustainability and ESG Services. Evan explains how his clients are facing data challenges, framework fatigue, and a lack of resources due to recent events such as the energy crisis and inflation. "That tends to get in the way of some of the enthusiasm for ESG and sustainability investment," he says.  

And we sit down with Marina Severinovsky, Head of Sustainability North America at Schroders, an asset management firm with more than $939 billion in assets under management. Marina talks about the role that respect and empathy will play in the year ahead, as climate justice and the just transition become "front and center" and as stakeholders work to communicate across silos.  

"This is the year that the human component of climate, for example, or nature, comes to the fore," she says. 

Access COP15 insights from S&P Global Sustainable1 here.

We'd love to hear from you. To give us feedback on this episode or share ideas for future episodes, please contact hosts Lindsey Hall (lindsey.hall@spglobal.com) and Esther Whieldon (esther.whieldon@spglobal.com). 

Photo source: Getty Images 

Copyright © 2022 by S&P Global 

DISCLAIMER  

By accessing this Podcast, I acknowledge that S&P GLOBAL makes no warranty, guarantee, or representation as to the accuracy or sufficiency of the information featured in this Podcast. The information, opinions, and recommendations presented in this Podcast are for general information only and any reliance on the information provided in this Podcast is done at your own risk. This Podcast should not be considered professional advice. Unless specifically stated otherwise, S&P GLOBAL does not endorse, approve, recommend, or certify any information, product, process, service, or organization presented or mentioned in this Podcast, and information from this Podcast should not be referenced in any way to imply such approval or endorsement. The third party materials or content of any third party site referenced in this Podcast do not necessarily reflect the opinions, standards or policies of S&P GLOBAL. S&P GLOBAL assumes no responsibility or liability for the accuracy or completeness of the content contained in third party materials or on third party sites referenced in this Podcast or the compliance with applicable laws of such materials and/or links referenced herein. Moreover, S&P GLOBAL makes no warranty that this Podcast, or the server that makes it available, is free of viruses, worms, or other elements or codes that manifest contaminating or destructive properties. 

S&P GLOBAL EXPRESSLY DISCLAIMS ANY AND ALL LIABILITY OR RESPONSIBILITY FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR OTHER DAMAGES ARISING OUT OF ANY INDIVIDUAL'S USE OF, REFERENCE TO, RELIANCE ON, OR INABILITY TO USE, THIS PODCAST OR THE INFORMATION PRESENTED IN THIS PODCAST. 

The second part of the U.N.'s Convention on Biological Diversity, known as COP15, kicks off in Montreal on Dec. 7. In this episode of the ESG Insider podcast, we tell you what to expect.  

We speak to Elizabeth Mrema, COP15 Executive Secretary and Co-Chair of the Taskforce on Nature-related Financial Disclosures, or TNFD. She talks to us about themes that will be covered during COP15 and what will make the conference a success.  

"We need to see the world and the parties to the convention really understand that business as usual is no longer an option," Elizabeth says. "Action requires resources. And so therefore, appropriate mobilization of resources — both technical and financial — must be agreed on." 

To learn about how financial institutions are increasingly engaging with the topics of nature and biodiversity, we speak with Lazaro Tiant, investment director on the sustainable investment team at U.K.-based asset manager Schroders. Lazaro talks to us about the role the private sector will play at COP15.  

And to connect the dots between nature and climate, we return to our interview with Virginia Dundas, Head of Strategic Environment Programmes at Ørsted, Denmark’s largest energy company. She talks about some of the creative solutions and new technologies being deployed to address nature loss and the biodiversity crisis.  

Listen to our full interview with Virginia here: https://www.spglobal.com/esg/podcasts/how-walmart-and-danish-energy-company-orsted-are-tackling-supply-chain-emissions  

We'd love to hear from you. To give us feedback on this episode or share ideas for future episodes, please contact hosts Lindsey Hall (lindsey.hall@spglobal.com) and Esther Whieldon (esther.whieldon@spglobal.com). 

Copyright © 2022 by S&P Global 

DISCLAIMER  

By accessing this Podcast, I acknowledge that S&P GLOBAL makes no warranty, guarantee, or representation as to the accuracy or sufficiency of the information featured in this Podcast. The information, opinions, and recommendations presented in this Podcast are for general information only and any reliance on the information provided in this Podcast is done at your own risk. This Podcast should not be considered professional advice. Unless specifically stated otherwise, S&P GLOBAL does not endorse, approve, recommend, or certify any information, product, process, service, or organization presented or mentioned in this Podcast, and information from this Podcast should not be referenced in any way to imply such approval or endorsement. The third party materials or content of any third party site referenced in this Podcast do not necessarily reflect the opinions, standards or policies of S&P GLOBAL. S&P GLOBAL assumes no responsibility or liability for the accuracy or completeness of the content contained in third party materials or on third party sites referenced in this Podcast or the compliance with applicable laws of such materials and/or links referenced herein. Moreover, S&P GLOBAL makes no warranty that this Podcast, or the server that makes it available, is free of viruses, worms, or other elements or codes that manifest contaminating or destructive properties. 

S&P GLOBAL EXPRESSLY DISCLAIMS ANY AND ALL LIABILITY OR RESPONSIBILITY FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR OTHER DAMAGES ARISING OUT OF ANY INDIVIDUAL'S USE OF, REFERENCE TO, RELIANCE ON, OR INABILITY TO USE, THIS PODCAST OR THE INFORMATION PRESENTED IN THIS PODCAST. 

June brings the start of the Atlantic hurricane season, and in this episode of the ESG Insider podcast we explore why 2024 is expected to be extremely active — "possibly historically" active, says today’s guest, Tim Hall. 

Tim is a Senior Climate Scientist at S&P Global Sustainable1, where his team has developed a hurricane forecasting model that projects over 14 hurricanes and eight major hurricanes this season. In the episode, Tim explains his near-term forecast and how climate change is leading to more intense storms over the longer term. As we hear in the episode, this has big implications for many stakeholders, from homeowners and insurers to financial institutions and central banks, which are increasingly turning to climate modeling and climate stress test testing to understand future risks.  

Tim also outlines how science and technology are fast evolving to help stakeholders make better-informed decisions to adapt and prepare for climate change.    

“It's a very interesting time of rapid change in the field — both in the technology and what we can forecast and in what detail, and also the sophistication and expectations of the stakeholders," Tim says.  

Learn more about S&P Global’s data and solutions on physical climate risks here: https://www.spglobal.com/esg/solutions/physical-climate-risk  

This piece was published by S&P Global Sustainable1, a part of S&P Global.    

Copyright ©2024 by S&P Global   

DISCLAIMER   

By accessing this Podcast, I acknowledge that S&P GLOBAL makes no warranty, guarantee, or representation as to the accuracy or sufficiency of the information featured in this Podcast. The information, opinions, and recommendations presented in this Podcast are for general information only and any reliance on the information provided in this Podcast is done at your own risk. This Podcast should not be considered professional advice. Unless specifically stated otherwise, S&P GLOBAL does not endorse, approve, recommend, or certify any information, product, process, service, or organization presented or mentioned in this Podcast, and information from this Podcast should not be referenced in any way to imply such approval or endorsement. The third party materials or content of any third party site referenced in this Podcast do not necessarily reflect the opinions, standards or policies of S&P GLOBAL. S&P GLOBAL assumes no responsibility or liability for the accuracy or completeness of the content contained in third party materials or on third party sites referenced in this Podcast or the compliance with applicable laws of such materials and/or links referenced herein. Moreover, S&P GLOBAL makes no warranty that this Podcast, or the server that makes it available, is free of viruses, worms, or other elements or codes that manifest contaminating or destructive properties.   

S&P GLOBAL EXPRESSLY DISCLAIMS ANY AND ALL LIABILITY OR RESPONSIBILITY FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR OTHER DAMAGES ARISING OUT OF ANY INDIVIDUAL'S USE OF, REFERENCE TO, RELIANCE ON, OR INABILITY TO USE, THIS PODCAST OR THE INFORMATION PRESENTED IN THIS PODCAST.

What do Walmart, one of the world's largest retailers, and big multinational power company Ørsted have in common? They're both taking steps to decarbonize their supply chains that could ultimately result in wide-ranging changes across sectors. 

In this episode of the ESG Insider podcast, we're continuing with the theme we covered last week of decarbonizing supply chains. We speak with Walmart’s Executive Vice President and Chief Sustainability Officer, Kathleen McLaughlin. She tells us that the company is engaging across all its supply chains to create systemic changes to production and consumption.  

"Our ultimate goal is to make the everyday product that anybody might buy the sustainable choice. We're trying to make sustainability mainstream," Kathleen says.  

We also speak to Virginia Dundas, Head of Strategic Environment Programmes at Ørsted. She explains how Denmark’s largest energy company is teaming up with buyers in other sectors to drive supply chain decarbonization. She says collaboration is a key pillar of the company’s net zero plan.  

"It's not one company's problem," Virginia says. "Everyone has to chip in and play their part."  

Listen to last week's episode on decarbonizing supply chains here: https://www.spglobal.com/esg/podcasts/why-collaboration-is-critical-to-cutting-supply-chain-emissions 

We'd love to hear from you. To give us feedback on this episode or share ideas for future episodes, please contact hosts Lindsey Hall (lindsey.hall@spglobal.com) and Esther Whieldon (esther.whieldon@spglobal.com).  

Photo source: Getty Images 

Copyright © 2022 by S&P Global  

DISCLAIMER  

By accessing this Podcast, I acknowledge that S&P GLOBAL makes no warranty, guarantee, or representation as to the accuracy or sufficiency of the information featured in this Podcast. The information, opinions, and recommendations presented in this Podcast are for general information only and any reliance on the information provided in this Podcast is done at your own risk. This Podcast should not be considered professional advice. Unless specifically stated otherwise, S&P GLOBAL does not endorse, approve, recommend, or certify any information, product, process, service, or organization presented or mentioned in this Podcast, and information from this Podcast should not be referenced in any way to imply such approval or endorsement. The third party materials or content of any third party site referenced in this Podcast do not necessarily reflect the opinions, standards or policies of S&P GLOBAL. S&P GLOBAL assumes no responsibility or liability for the accuracy or completeness of the content contained in third party materials or on third party sites referenced in this Podcast or the compliance with applicable laws of such materials and/or links referenced herein. Moreover, S&P GLOBAL makes no warranty that this Podcast, or the server that makes it available, is free of viruses, worms, or other elements or codes that manifest contaminating or destructive properties.  

S&P GLOBAL EXPRESSLY DISCLAIMS ANY AND ALL LIABILITY OR RESPONSIBILITY FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR OTHER DAMAGES ARISING OUT OF ANY INDIVIDUAL'S USE OF, REFERENCE TO, RELIANCE ON, OR INABILITY TO USE, THIS PODCAST OR THE INFORMATION PRESENTED IN THIS PODCAST. 

The UN climate conference known as COP27 is underway, and today (Nov. 11) is Decarbonization Day. In this episode of the ESG Insider podcast, we explore how companies are setting decarbonization targets in their operations and across their supply chains.    

To understand how companies are engaging with suppliers, we talk with Simon Fischweicher, who is Head of Corporations and Supply Chains for CDP North America. CDP is a nonprofit environmental disclosure platform that has a program aimed at helping companies gather concrete details from suppliers about their emissions and other climate-related activities. 

Simon tells us that companies are increasingly collaborating on their approach to suppliers. "When you have a single customer voice asking for better climate disclosure or more investment in renewable energy or setting emission reduction targets for a specific supplier, that voice might not be loud enough to drive change," he says. But when the entire sector is pushing for better practices, "that supplier may listen."

Listen to our episode about what to expect from COP27 here: https://www.spglobal.com/esg/podcasts/at-cop27-how-to-make-progress-in-the-face-of-uncertainty  

Listen to our episode about a proposed U.S. climate disclosure rule here: https://www.spglobal.com/esg/podcasts/unpacking-the-sec-s-proposed-esg-fund-rules  

We'd love to hear from you. To give us feedback on this episode or share ideas for future episodes, please contact hosts Lindsey Hall (lindsey.hall@spglobal.com) and Esther Whieldon (esther.whieldon@spglobal.com).  

Copyright © 2022 by S&P Global  

DISCLAIMER  

By accessing this Podcast, I acknowledge that S&P GLOBAL makes no warranty, guarantee, or representation as to the accuracy or sufficiency of the information featured in this Podcast. The information, opinions, and recommendations presented in this Podcast are for general information only and any reliance on the information provided in this Podcast is done at your own risk. This Podcast should not be considered professional advice. Unless specifically stated otherwise, S&P GLOBAL does not endorse, approve, recommend, or certify any information, product, process, service, or organization presented or mentioned in this Podcast, and information from this Podcast should not be referenced in any way to imply such approval or endorsement. The third party materials or content of any third party site referenced in this Podcast do not necessarily reflect the opinions, standards or policies of S&P GLOBAL. S&P GLOBAL assumes no responsibility or liability for the accuracy or completeness of the content contained in third party materials or on third party sites referenced in this Podcast or the compliance with applicable laws of such materials and/or links referenced herein. Moreover, S&P GLOBAL makes no warranty that this Podcast, or the server that makes it available, is free of viruses, worms, or other elements or codes that manifest contaminating or destructive properties.  

S&P GLOBAL EXPRESSLY DISCLAIMS ANY AND ALL LIABILITY OR RESPONSIBILITY FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR OTHER DAMAGES ARISING OUT OF ANY INDIVIDUAL'S USE OF, REFERENCE TO, RELIANCE ON, OR INABILITY TO USE, THIS PODCAST OR THE INFORMATION PRESENTED IN THIS PODCAST. 

The UN climate conference known as COP27 kicks off in just a few days. In this episode of the ESG Insider podcast we tell you what to expect.   

We talk to Jenny Davis-Peccoud, a Partner at management consulting firm Bain & Co., about the role of the private sector at COP.   

Taryn Fransen, Senior Fellow in the Global Climate Program at the World Resources Institute, talks to us about where countries stand on climate pledges known as Nationally Determined Contributions, or NDCs. 

And we speak with Capitals Coalition CEO Mark Gough about how the private and public sectors are working together toward goals related to climate change as well as nature and biodiversity. 

We'd love to hear from you. To give us feedback on this episode or share ideas for future episodes, please contact hosts Lindsey Hall (lindsey.hall@spglobal.com) and Esther Whieldon (esther.whieldon@spglobal.com). 

Copyright © 2022 by S&P Global 

DISCLAIMER 

By accessing this Podcast, I acknowledge that S&P GLOBAL makes no warranty, guarantee, or representation as to the accuracy or sufficiency of the information featured in this Podcast. The information, opinions, and recommendations presented in this Podcast are for general information only and any reliance on the information provided in this Podcast is done at your own risk. This Podcast should not be considered professional advice. Unless specifically stated otherwise, S&P GLOBAL does not endorse, approve, recommend, or certify any information, product, process, service, or organization presented or mentioned in this Podcast, and information from this Podcast should not be referenced in any way to imply such approval or endorsement. The third party materials or content of any third party site referenced in this Podcast do not necessarily reflect the opinions, standards or policies of S&P GLOBAL. S&P GLOBAL assumes no responsibility or liability for the accuracy or completeness of the content contained in third party materials or on third party sites referenced in this Podcast or the compliance with applicable laws of such materials and/or links referenced herein. Moreover, S&P GLOBAL makes no warranty that this Podcast, or the server that makes it available, is free of viruses, worms, or other elements or codes that manifest contaminating or destructive properties. 

S&P GLOBAL EXPRESSLY DISCLAIMS ANY AND ALL LIABILITY OR RESPONSIBILITY FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR OTHER DAMAGES ARISING OUT OF ANY INDIVIDUAL'S USE OF, REFERENCE TO, RELIANCE ON, OR INABILITY TO USE, THIS PODCAST OR THE INFORMATION PRESENTED IN THIS PODCAST. 

The U.N. climate conference known as COP27 kicks off next week. Adaptation to a changing climate will be an important part of the talks.  

In this episode of the ESG Insider podcast, we look at how companies and investors are using climate modeling to measure and manage the future financial impacts of climate hazards such as wildfires, drought and flooding. According to a new S&P Global Sustainable1 dataset, 92% of S&P Global 1200 companies will have at least one asset highly exposed to physical hazards by the 2050s under a business-as-usual high-emissions scenario. 

We speak to David Carlin from U.N. Environment Programme’s Financial Initiative, where he leads the Task Force on Climate-Related Financial Disclosures (TCFD) program for banks and investors. 

We also talk with our colleague Steven Bullock, Global Head of ESG Innovation and Solutions at S&P Global Sustainable1, who says the increasing demand for climate data created with the help of climate models reflects the growing recognition that ESG is a driver of corporate business value and financial risk. 

And we hear from Alban Pyanet, partner at consultancy Oliver Wyman, about how climate modeling helps financial institutions manage climate risk.  

Listen to our previous episodes discussing how central banks are using climate stress testing here: https://www.spglobal.com/esg/podcasts/how-central-banks-help-combat-climate-change-an-interview-with-ngfs-chair-ravi-menon    

We'd love to hear from you. To give us feedback on this episode or share ideas for future episodes, please contact hosts Lindsey Hall (lindsey.hall@spglobal.com) and Esther Whieldon (esther.whieldon@spglobal.com). 

Copyright © 2022 by S&P Global 

DISCLAIMER 

By accessing this Podcast, I acknowledge that S&P GLOBAL makes no warranty, guarantee, or representation as to the accuracy or sufficiency of the information featured in this Podcast. The information, opinions, and recommendations presented in this Podcast are for general information only and any reliance on the information provided in this Podcast is done at your own risk. This Podcast should not be considered professional advice. Unless specifically stated otherwise, S&P GLOBAL does not endorse, approve, recommend, or certify any information, product, process, service, or organization presented or mentioned in this Podcast, and information from this Podcast should not be referenced in any way to imply such approval or endorsement. The third party materials or content of any third party site referenced in this Podcast do not necessarily reflect the opinions, standards or policies of S&P GLOBAL. S&P GLOBAL assumes no responsibility or liability for the accuracy or completeness of the content contained in third party materials or on third party sites referenced in this Podcast or the compliance with applicable laws of such materials and/or links referenced herein. Moreover, S&P GLOBAL makes no warranty that this Podcast, or the server that makes it available, is free of viruses, worms, or other elements or codes that manifest contaminating or destructive properties. 

S&P GLOBAL EXPRESSLY DISCLAIMS ANY AND ALL LIABILITY OR RESPONSIBILITY FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR OTHER DAMAGES ARISING OUT OF ANY INDIVIDUAL'S USE OF, REFERENCE TO, RELIANCE ON, OR INABILITY TO USE, THIS PODCAST OR THE INFORMATION PRESENTED IN THIS PODCAST. 

On Oct. 17, the Council of the EU approved a law to improve gender balance on corporate boards. The development comes 10 years after the European Commission first proposed the rules, and occurs at a time when many companies face pressure to increase diversity on their boards and management teams. In this episode of the ESG Insider podcast, we look at what the new law means for companies, investors and women.  

"If we want to be sure that women have equal rights, but also if we want to ensure that companies have the best potential leads in their executive committee and their boards, you really need to tap into all talent," Hedwige Nuyens, Chair of European Women on Boards, a lobby group, tells us.  

In the episode we also talk to Miriam Marra, Associate Professor of Finance at Henley Business School in the U.K., who explains the role of gender quotas in improving gender balance on corporate boards. And we speak to Martin Winner, Professor for Business Law at the Vienna University of Economics and Business, who tells us how the new law could encourage EU countries lagging on board diversity to take action. 

We'd love to hear from you. To give us feedback on this episode or share ideas for future episodes, please contact hosts Lindsey Hall (lindsey.hall@spglobal.com) and Esther Whieldon (esther.whieldon@spglobal.com). 

Copyright © 2022 by S&P Global 

DISCLAIMER 

By accessing this Podcast, I acknowledge that S&P GLOBAL makes no warranty, guarantee, or representation as to the accuracy or sufficiency of the information featured in this Podcast. The information, opinions, and recommendations presented in this Podcast are for general information only and any reliance on the information provided in this Podcast is done at your own risk. This Podcast should not be considered professional advice. Unless specifically stated otherwise, S&P GLOBAL does not endorse, approve, recommend, or certify any information, product, process, service, or organization presented or mentioned in this Podcast, and information from this Podcast should not be referenced in any way to imply such approval or endorsement. The third party materials or content of any third party site referenced in this Podcast do not necessarily reflect the opinions, standards or policies of S&P GLOBAL. S&P GLOBAL assumes no responsibility or liability for the accuracy or completeness of the content contained in third party materials or on third party sites referenced in this Podcast or the compliance with applicable laws of such materials and/or links referenced herein. Moreover, S&P GLOBAL makes no warranty that this Podcast, or the server that makes it available, is free of viruses, worms, or other elements or codes that manifest contaminating or destructive properties. 

S&P GLOBAL EXPRESSLY DISCLAIMS ANY AND ALL LIABILITY OR RESPONSIBILITY FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR OTHER DAMAGES ARISING OUT OF ANY INDIVIDUAL'S USE OF, REFERENCE TO, RELIANCE ON, OR INABILITY TO USE, THIS PODCAST OR THE INFORMATION PRESENTED IN THIS PODCAST. 

As extreme weather events such as Hurricane Ian intensify, the urgency of combatting climate change is increasing. The investment community is taking steps to make investment products low-carbon and reduce risk across portfolios. But what does that look like in practice?  

In this episode of the ESG Insider podcast, we speak to two London-based investment managers on the sidelines of an S&P Global Sustainable1 event in London about what investors are doing to understand and manage climate risk in their investment portfolios.  

We hear from Gustave Loriot-Boserup, Responsible Investment Manager at London LGPS CIV, which manages the assets of London’s Local Government Pension Scheme.  

"We view ESG and climate risk as a systemic risk. So regardless of the investment product that we launched on our platform, we will expect all of our investment managers to have developed an appropriate set of resources to identify, to measure and to integrate ESG issues into their investment decision-making processes," Gustave says.  

We also speak to Cathrine de Coninck-Lopez, Global Head of ESG at Invesco. She tells us that adaptation financing could be a major theme at the upcoming United Nations climate conference, COP27.  

"There isn't a framework for how you define adaptation. Issuers don't really understand it. And that the financing right now is not there for it is obviously a huge problem in a context where the world is changing today," Cathrine says.  

We'd love to hear from you. To give us feedback on this episode or share ideas for future episodes, please contact hosts Lindsey Hall (lindsey.hall@spglobal.com) and Esther Whieldon (esther.whieldon@spglobal.com). 

 Copyright © 2022 by S&P Global 

 DISCLAIMER 

By accessing this Podcast, I acknowledge that S&P GLOBAL makes no warranty, guarantee, or representation as to the accuracy or sufficiency of the information featured in this Podcast. The information, opinions, and recommendations presented in this Podcast are for general information only and any reliance on the information provided in this Podcast is done at your own risk. This Podcast should not be considered professional advice. Unless specifically stated otherwise, S&P GLOBAL does not endorse, approve, recommend, or certify any information, product, process, service, or organization presented or mentioned in this Podcast, and information from this Podcast should not be referenced in any way to imply such approval or endorsement. The third party materials or content of any third party site referenced in this Podcast do not necessarily reflect the opinions, standards or policies of S&P GLOBAL. S&P GLOBAL assumes no responsibility or liability for the accuracy or completeness of the content contained in third party materials or on third party sites referenced in this Podcast or the compliance with applicable laws of such materials and/or links referenced herein. Moreover, S&P GLOBAL makes no warranty that this Podcast, or the server that makes it available, is free of viruses, worms, or other elements or codes that manifest contaminating or destructive properties. 

S&P GLOBAL EXPRESSLY DISCLAIMS ANY AND ALL LIABILITY OR RESPONSIBILITY FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR OTHER DAMAGES ARISING OUT OF ANY INDIVIDUAL'S USE OF, REFERENCE TO, RELIANCE ON, OR INABILITY TO USE, THIS PODCAST OR THE INFORMATION PRESENTED IN THIS PODCAST. 

In this episode of the ESG Insider podcast, we bring you Part 2 of our on-the-ground coverage from Climate Week NYC. Throughout the week, we heard experts talk about the delicate balancing act required to achieve net zero and energy transition goals while also accounting for the impacts on nature and society.   

We talk to the CEO of nonprofit Just Capital, Martin Whittaker, who explains why environmental and social issues cannot be considered in isolation. We hear from Dr. Jane Carter Ingram, Executive Director of the climate change investment and advisory firm Pollination Group. And we talk to Matt Ellis, CEO of Measurabl, a company that tracks the physical and transition risks of climate change for the commercial real estate sector. (S&P Global has invested in the company.)  

Listen to Part 1 of our Climate Week NYC coverage here: https://www.spglobal.com/esg/podcasts/on-the-ground-at-climate-week-nyc-moving-from-goals-to-action  

We'd love to hear from you. To give us feedback on this episode or share ideas for future episodes, please contact hosts Lindsey Hall (lindsey.hall@spglobal.com) and Esther Whieldon (esther.whieldon@spglobal.com). 

Photo credit: Getty Images 

Copyright © 2022 by S&P Global 

DISCLAIMER 

By accessing this Podcast, I acknowledge that S&P GLOBAL makes no warranty, guarantee, or representation as to the accuracy or sufficiency of the information featured in this Podcast. The information, opinions, and recommendations presented in this Podcast are for general information only and any reliance on the information provided in this Podcast is done at your own risk. This Podcast should not be considered professional advice. Unless specifically stated otherwise, S&P GLOBAL does not endorse, approve, recommend, or certify any information, product, process, service, or organization presented or mentioned in this Podcast, and information from this Podcast should not be referenced in any way to imply such approval or endorsement. The third party materials or content of any third party site referenced in this Podcast do not necessarily reflect the opinions, standards or policies of S&P GLOBAL. S&P GLOBAL assumes no responsibility or liability for the accuracy or completeness of the content contained in third party materials or on third party sites referenced in this Podcast or the compliance with applicable laws of such materials and/or links referenced herein. Moreover, S&P GLOBAL makes no warranty that this Podcast, or the server that makes it available, is free of viruses, worms, or other elements or codes that manifest contaminating or destructive properties. 

S&P GLOBAL EXPRESSLY DISCLAIMS ANY AND ALL LIABILITY OR RESPONSIBILITY FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR OTHER DAMAGES ARISING OUT OF ANY INDIVIDUAL'S USE OF, REFERENCE TO, RELIANCE ON, OR INABILITY TO USE, THIS PODCAST OR THE INFORMATION PRESENTED IN THIS PODCAST.

Climate Week wrapped up last week in New York City, and throughout the week, we heard about the systemic changes needed to combat climate change. In this episode of the ESG Insider podcast, we’re bringing you key takeaways, highlights and interviews from our time on the ground.  

We hear from Global Head of Sustainable Investing at Natixis Investment Managers, Nathalie Wallace, about the role the investment community plays in combating climate change. Ivan Frishberg, Chief Sustainability Officer at New York-based Amalgamated Bank, talks to us about the growing sense of urgency around climate and the challenges of the current ESG landscape. 

And we interview Amy Hepburn, CEO of the Investor Leadership Network, which represents institutional investors with more than $10 trillion dollars in assets under management. She talks about the ‘3 Cs’ needed to find solutions to climate change: collaboration, cooperation and creativity.  

"For a long time in this space, we have all operated in silos and echo chambers talking to like-minded actors: Investors talking to investors, [multilateral development banks] talking to MDBs, governments talking to governments," Amy says. "This issue is not going to be solved by any one of those sets of actors — it’s only going to be solved in concert." 

You can read more of our key takeaways from Climate Week NYC here: https://www.spglobal.com/esg/insights/blog/5-questions-on-the-road-from-climate-week-to-cop27 

We'd love to hear from you. To give us feedback on this episode or share ideas for future episodes, please contact hosts Lindsey Hall (lindsey.hall@spglobal.com) and Esther Whieldon (esther.whieldon@spglobal.com). 

DISCLAIMER 

By accessing this Podcast, I acknowledge that S&P GLOBAL makes no warranty, guarantee, or representation as to the accuracy or sufficiency of the information featured in this Podcast. The information, opinions, and recommendations presented in this Podcast are for general information only and any reliance on the information provided in this Podcast is done at your own risk. This Podcast should not be considered professional advice. Unless specifically stated otherwise, S&P GLOBAL does not endorse, approve, recommend, or certify any information, product, process, service, or organization presented or mentioned in this Podcast, and information from this Podcast should not be referenced in any way to imply such approval or endorsement. The third party materials or content of any third party site referenced in this Podcast do not necessarily reflect the opinions, standards or policies of S&P GLOBAL. S&P GLOBAL assumes no responsibility or liability for the accuracy or completeness of the content contained in third party materials or on third party sites referenced in this Podcast or the compliance with applicable laws of such materials and/or links referenced herein. Moreover, S&P GLOBAL makes no warranty that this Podcast, or the server that makes it available, is free of viruses, worms, or other elements or codes that manifest contaminating or destructive properties. 

S&P GLOBAL EXPRESSLY DISCLAIMS ANY AND ALL LIABILITY OR RESPONSIBILITY FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR OTHER DAMAGES ARISING OUT OF ANY INDIVIDUAL'S USE OF, REFERENCE TO, RELIANCE ON, OR INABILITY TO USE, THIS PODCAST OR THE INFORMATION PRESENTED IN THIS PODCAST. 

Climate Week NYC is ending, and the United Nations Climate Conference known as COP27 is fast approaching. As the urgency to address climate change intensifies, financial regulators and supervisors are taking an increasing interest in climate change and the impact it is having on the financial system and the economy at large.  

To get a better understanding of this landscape, we’re looking at some of the recent actions central banks have taken on climate in this episode of the ESG Insider podcast. 

We speak to Irene Monasterolo, Professor of Climate Finance at French business school EDHEC, who tells us discussions at COP27 need to focus on adaptation both for developing and developed nations. We also hear from Stanislas Jourdan, Executive Director of the Brussels-based NGO Positive Money Europe, where he leads advocacy campaigns and research on the European Central Bank and monetary policy. And we speak to Danae Kyriakopoulou, Senior Policy Fellow at the London School of Economics’ Grantham Research Institute on Climate Change and the Environment.   

"Climate change and its impact is generally very worrying, and we are seeing this the more data we gather, how urgent the need for action is and how unprepared we are if we do not step up action in time," Danae tells us. "That is certainly true also of the financial system and the banking system. It is relatively recent that we have seen the financial sector engage seriously with this."

Listen to our previous episode featuring an interview with Ravi Menon, Chair of the Network for Greening the Financial System, or NGFS, here: https://www.spglobal.com/esg/podcasts/how-central-banks-help-combat-climate-change-an-interview-with-ngfs-chair-ravi-menon    

We'd love to hear from you. To give us feedback on this episode or share ideas for future episodes, please contact hosts Lindsey Hall (lindsey.hall@spglobal.com) and Esther Whieldon (esther.whieldon@spglobal.com).  

Photo credit: Getty Images  

DISCLAIMER  

By accessing this Podcast, I acknowledge that S&P GLOBAL makes no warranty, guarantee, or representation as to the accuracy or sufficiency of the information featured in this Podcast. The information, opinions, and recommendations presented in this Podcast are for general information only and any reliance on the information provided in this Podcast is done at your own risk. This Podcast should not be considered professional advice. Unless specifically stated otherwise, S&P GLOBAL does not endorse, approve, recommend, or certify any information, product, process, service, or organization presented or mentioned in this Podcast, and information from this Podcast should not be referenced in any way to imply such approval or endorsement. The third party materials or content of any third party site referenced in this Podcast do not necessarily reflect the opinions, standards or policies of S&P GLOBAL. S&P GLOBAL assumes no responsibility or liability for the accuracy or completeness of the content contained in third party materials or on third party sites referenced in this Podcast or the compliance with applicable laws of such materials and/or links referenced herein. Moreover, S&P GLOBAL makes no warranty that this Podcast, or the server that makes it available, is free of viruses, worms, or other elements or codes that manifest contaminating or destructive properties.   

S&P GLOBAL EXPRESSLY DISCLAIMS ANY AND ALL LIABILITY OR RESPONSIBILITY FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR OTHER DAMAGES ARISING OUT OF ANY INDIVIDUAL'S USE OF, REFERENCE TO, RELIANCE ON, OR INABILITY TO USE, THIS PODCAST OR THE INFORMATION PRESENTED IN THIS PODCAST.  

In this episode of the ESG Insider podcast, we delve into a measure in the recently passed U.S. Inflation Reduction Act, or IRA, that allocates $27 billion toward green banks and other local investments via the U.S. Environmental Protection Agency's Greenhouse Gas Reduction Fund.   

In an interview with Connecticut Green Bank President and CEO Bryan Garcia, we explore how green banks could use this new influx of federal funds to accelerate the low-carbon transition. The Connecticut Green Bank was the nation's first green bank and was formed in 2011.  

We also talk with Reed Hundt, the CEO of the Coalition for Green Capital, a nonprofit with the goal of accelerating investment in clean energy technologies, which has helped organize a number of green banks.   

To hear more about the implications of the Inflation Reduction Act, check out our recent episode on the topic here: https://www.spglobal.com/esg/podcasts/what-landmark-new-us-climate-law-means-for-emissions  

And to learn more about green banks, check out this podcast episode of ESG Insider:  https://podcasts.apple.com/us/podcast/how-green-banks-can-accelerate-climate-finance/id1475521006?i=1000534974896  

Register for the event S&P Global Sustainable1 is hosting during Climate Week here: https://events.spglobal.com/event/bc170867-ebf3-423d-a828-2c379780a571/summary?RefId=social&rt=suGjbadFj0uCGwHKysKQtQ  

We'd love to hear from you. To give us feedback on this episode or share ideas for future episodes, please contact hosts Lindsey Hall (lindsey.hall@spglobal.com) and Esther Whieldon (esther.whieldon@spglobal.com). 

Photo credit: Getty Images 

Copyright © 2022 by S&P Global 

DISCLAIMER 

By accessing this Podcast, I acknowledge that S&P GLOBAL makes no warranty, guarantee, or representation as to the accuracy or sufficiency of the information featured in this Podcast. The information, opinions, and recommendations presented in this Podcast are for general information only and any reliance on the information provided in this Podcast is done at your own risk. This Podcast should not be considered professional advice. Unless specifically stated otherwise, S&P GLOBAL does not endorse, approve, recommend, or certify any information, product, process, service, or organization presented or mentioned in this Podcast, and information from this Podcast should not be referenced in any way to imply such approval or endorsement. The third party materials or content of any third party site referenced in this Podcast do not necessarily reflect the opinions, standards or policies of S&P GLOBAL. S&P GLOBAL assumes no responsibility or liability for the accuracy or completeness of the content contained in third party materials or on third party sites referenced in this Podcast or the compliance with applicable laws of such materials and/or links referenced herein. Moreover, S&P GLOBAL makes no warranty that this Podcast, or the server that makes it available, is free of viruses, worms, or other elements or codes that manifest contaminating or destructive properties. 

S&P GLOBAL EXPRESSLY DISCLAIMS ANY AND ALL LIABILITY OR RESPONSIBILITY FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR OTHER DAMAGES ARISING OUT OF ANY INDIVIDUAL'S USE OF, REFERENCE TO, RELIANCE ON, OR INABILITY TO USE, THIS PODCAST OR THE INFORMATION PRESENTED IN THIS PODCAST. 

In this episode of the ESG Insider podcast, we explore the latest developments in international efforts to reach a global treaty on plastic pollution. 

In late April, more than 170 countries gathered in Ottawa, Canada, to negotiate a legally binding instrument on plastic pollution with a view to agreeing on a global treaty by the end of 2024. The countries aim to reach a deal in the next gathering slated to take place Nov. 25 through Dec. 1 in Busan, South Korea.  

Today we’re covering the outcome of the recent Ottawa treaty talks, the issues that remain to be hashed out, and what needs to happen between now and the final round of negotiations.   

We talk with Erin Simon, Vice President and Head of Plastic Waste and Business at international conservation organization WWF, which together with The Ellen MacArthur Foundation convened the Business Coalition for a Global Plastics Treaty. Erin tells us that countries have a lot of details left to work out in ad hoc meetings in the coming months and are effectively "pulling an all-nighter" between now and Busan.

To understand how one big company that uses plastics in its products is approaching this topic, we speak to Darci Vetter, Senior Vice President and Head of Global Public Policy at food, snack and beverage company PepsiCo, which is part of the Business Coalition for a Global Plastics Treaty.

"We definitely want to see those product design requirements, those common definitions, the principles, and as much specificity around extended producer responsibility and waste management — those are very important to us, and global rules that can set the stage for scalability within markets are critical," Darci tells us. 

At the same time, "we know that the countries around the table are starting from very, very different places," she says. "So there will need to be some of that flexibility." 

We also talk with Stewart Harris, Senior Director of Global Plastics Policy at the trade group American Chemistry Council. Stewart says that one outstanding question for governments is which measures are going to be legally binding and which will be voluntary. 

Want to learn more about this topic? Check out our previous episodes of the ESG Insider podcast:  

What companies are doing to address the plastic pollution problem: https://www.spglobal.com/esg/podcasts/what-companies-are-doing-to-address-the-plastic-pollution-problem  

What's at stake in UN plastic pollution treaty talks: https://www.spglobal.com/esg/podcasts/what-s-at-stake-in-un-plastic-pollution-treaty-talks  

How plastic impacts companies, investors, public health and the environment: https://www.spglobal.com/esg/podcasts/how-plastic-impacts-companies-investors-public-health-and-the-environment  

This piece was published by S&P Global Sustainable1, a part of S&P Global.   

Copyright ©2024 by S&P Global  

DISCLAIMER  

By accessing this Podcast, I acknowledge that S&P GLOBAL makes no warranty, guarantee, or representation as to the accuracy or sufficiency of the information featured in this Podcast. The information, opinions, and recommendations presented in this Podcast are for general information only and any reliance on the information provided in this Podcast is done at your own risk. This Podcast should not be considered professional advice. Unless specifically stated otherwise, S&P GLOBAL does not endorse, approve, recommend, or certify any information, product, process, service, or organization presented or mentioned in this Podcast, and information from this Podcast should not be referenced in any way to imply such approval or endorsement. The third party materials or content of any third party site referenced in this Podcast do not necessarily reflect the opinions, standards or policies of S&P GLOBAL. S&P GLOBAL assumes no responsibility or liability for the accuracy or completeness of the content contained in third party materials or on third party sites referenced in this Podcast or the compliance with applicable laws of such materials and/or links referenced herein. Moreover, S&P GLOBAL makes no warranty that this Podcast, or the server that makes it available, is free of viruses, worms, or other elements or codes that manifest contaminating or destructive properties.  

S&P GLOBAL EXPRESSLY DISCLAIMS ANY AND ALL LIABILITY OR RESPONSIBILITY FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR OTHER DAMAGES ARISING OUT OF ANY INDIVIDUAL'S USE OF, REFERENCE TO, RELIANCE ON, OR INABILITY TO USE, THIS PODCAST OR THE INFORMATION PRESENTED IN THIS PODCAST. 

In this episode of the ESG Insider podcast from S&P Global Sustainable1, we preview what to expect during Climate Week NYC, which begins Sept. 19. Climate Week has run annually since 2009, convening leaders from business, government and the climate community through hundreds of events held across New York City. The goal is to drive climate action, and this year the tagline is “Getting it Done.”  

To learn more about what to expect from the week, we turn to Dr. Terry Thompson. Terry is Chief Science Officer at The Climate Service, an S&P Global company. In the interview, he explains in plain English how climate science is evolving. He also talks about the “sea change” in public perception of climate risks. 

“This is not a future event when we talk about climate change. It is essentially a current emergency,” Terry says. “We're reaching the cusp of very much more strenuous and concentrated efforts to address climate change.” 

Register for the event S&P Global Sustainable1 is hosting during Climate Week here: https://events.spglobal.com/event/bc170867-ebf3-423d-a828-2c379780a571/summary?RefId=social&rt=suGjbadFj0uCGwHKysKQtQ  

To learn more about physical risk, register for an upcoming webinar hosted by S&P Global Sustainable1 here: https://spgi-mkto.spglobal.com/S1-TCS-WLG-220915-PC-GL-CT-ESG-TCS-HarmonizedFeed_Webinar-Registration.html?UTM_source=podcast 

We'd love to hear from you. To give us feedback on this episode or share ideas for future episodes, please contact hosts Lindsey Hall (lindsey.hall@spglobal.com) and Esther Whieldon (esther.whieldon@spglobal.com). 

Photo credit: Getty Images 

Copyright © 2022 by S&P Global 

DISCLAIMER 

By accessing this Podcast, I acknowledge that S&P GLOBAL makes no warranty, guarantee, or representation as to the accuracy or sufficiency of the information featured in this Podcast. The information, opinions, and recommendations presented in this Podcast are for general information only and any reliance on the information provided in this Podcast is done at your own risk. This Podcast should not be considered professional advice. Unless specifically stated otherwise, S&P GLOBAL does not endorse, approve, recommend, or certify any information, product, process, service, or organization presented or mentioned in this Podcast, and information from this Podcast should not be referenced in any way to imply such approval or endorsement. The third party materials or content of any third party site referenced in this Podcast do not necessarily reflect the opinions, standards or policies of S&P GLOBAL. S&P GLOBAL assumes no responsibility or liability for the accuracy or completeness of the content contained in third party materials or on third party sites referenced in this Podcast or the compliance with applicable laws of such materials and/or links referenced herein. Moreover, S&P GLOBAL makes no warranty that this Podcast, or the server that makes it available, is free of viruses, worms, or other elements or codes that manifest contaminating or destructive properties. 

S&P GLOBAL EXPRESSLY DISCLAIMS ANY AND ALL LIABILITY OR RESPONSIBILITY FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR OTHER DAMAGES ARISING OUT OF ANY INDIVIDUAL'S USE OF, REFERENCE TO, RELIANCE ON, OR INABILITY TO USE, THIS PODCAST OR THE INFORMATION PRESENTED IN THIS PODCAST. 

Sustainability and ESG have evolved significantly in recent years — and alongside this change, recruiting in the space has also changed.  In this Labor Day weekend episode of the ESG Insider podcast, we go behind the scenes of ESG recruiting in an interview with Kurt Harrison, a Partner with the global executive search firm Russell Reynolds Associates where he is Co-Head of the Global Sustainability Practice. 

Kurt says the demand for ESG talent is “insatiable.” He gives us insight into the kinds of questions he gets from job candidates, and also the kinds of things companies are looking for in their sustainability hires. 

To listen to our interview with Ravi Menon, the Chair of the Network for Greening the Financial System, or NGFS, click here: https://www.spglobal.com/esg/podcasts/how-central-banks-help-combat-climate-change-an-interview-with-ngfs-chair-ravi-menon  

To listen to the episode where we discuss the evolving role of the Chief Sustainability Officer, click here: https://www.spglobal.com/esg/podcasts/how-chief-sustainability-officers-are-becoming-a-must-have-for-companies   

To register for the event S&P Global Sustainable1 is hosting during Climate Week, click here: https://events.spglobal.com/EWG92g?rt=suGjbadFj0uCGwHKysKQtQ&RefId=social  

We'd love to hear from you. To give us feedback on this episode or share ideas for future episodes, please contact hosts Lindsey Hall (lindsey.hall@spglobal.com) and Esther Whieldon (esther.whieldon@spglobal.com). 

Photo credit: Getty Images 

Copyright © 2022 by S&P Global 

DISCLAIMER 

By accessing this Podcast, I acknowledge that S&P GLOBAL makes no warranty, guarantee, or representation as to the accuracy or sufficiency of the information featured in this Podcast. The information, opinions, and recommendations presented in this Podcast are for general information only and any reliance on the information provided in this Podcast is done at your own risk. This Podcast should not be considered professional advice. Unless specifically stated otherwise, S&P GLOBAL does not endorse, approve, recommend, or certify any information, product, process, service, or organization presented or mentioned in this Podcast, and information from this Podcast should not be referenced in any way to imply such approval or endorsement. The third party materials or content of any third party site referenced in this Podcast do not necessarily reflect the opinions, standards or policies of S&P GLOBAL. S&P GLOBAL assumes no responsibility or liability for the accuracy or completeness of the content contained in third party materials or on third party sites referenced in this Podcast or the compliance with applicable laws of such materials and/or links referenced herein. Moreover, S&P GLOBAL makes no warranty that this Podcast, or the server that makes it available, is free of viruses, worms, or other elements or codes that manifest contaminating or destructive properties. 

S&P GLOBAL EXPRESSLY DISCLAIMS ANY AND ALL LIABILITY OR RESPONSIBILITY FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR OTHER DAMAGES ARISING OUT OF ANY INDIVIDUAL'S USE OF, REFERENCE TO, RELIANCE ON, OR INABILITY TO USE, THIS PODCAST OR THE INFORMATION PRESENTED IN THIS PODCAST.

On Aug. 16th, 2022, U.S. President Joe Biden signed into law the Inflation Reduction Act, or IRA. The IRA is a comprehensive energy and climate law that allocates nearly $370 billion in federal spending to decarbonization efforts over the next decade. 

In this episode of ESG Insider, we take a deep dive into those measures and explore the implications for the goal President Biden set to cut U.S. emissions by at least 50% by 2030 relative to 2005 levels.  

We talk with Robbie Orvis, Senior Director for Modeling and Analysis at Energy Innovation, a non-partisan energy and climate policy think tank based in Washington, D.C. "There is a pretty clear path now to" achieving Biden's emissions reduction goals, he tells us. At the same time, says Robbie, "there are lots of things that have to go right to hit those types of targets and numbers," including building out U.S. electric transmission capacity to accommodate future renewable generation, and tackling workforce and supply chain challenges. 

Listen to our episode on the low-carbon strategies of U.S. automaker General Motors here: https://www.spglobal.com/esg/podcasts/how-automaker-gm-is-tackling-climate-change-social-equity-and-supply-chain-risk  

To hear more about the implications of the Inflation Reduction Act, listen to a recent episode of the Energy Evolution podcast from our colleagues at S&P Global Market Intelligence here: https://podcasts.apple.com/us/podcast/how-will-us-democrats-new-deal-on-climate-affect-the/id1485337462?i=1000575106791 

We'd love to hear from you. To give us feedback on this episode or share ideas for future episodes, please contact hosts Lindsey Hall (lindsey.hall@spglobal.com) and Esther Whieldon (esther.whieldon@spglobal.com).  

Photo credit: Getty Images 

Copyright © 2022 by S&P Global 

DISCLAIMER 

By accessing this Podcast, I acknowledge that S&P GLOBAL makes no warranty, guarantee, or representation as to the accuracy or sufficiency of the information featured in this Podcast. The information, opinions, and recommendations presented in this Podcast are for general information only and any reliance on the information provided in this Podcast is done at your own risk. This Podcast should not be considered professional advice. Unless specifically stated otherwise, S&P GLOBAL does not endorse, approve, recommend, or certify any information, product, process, service, or organization presented or mentioned in this Podcast, and information from this Podcast should not be referenced in any way to imply such approval or endorsement. The third party materials or content of any third party site referenced in this Podcast do not necessarily reflect the opinions, standards or policies of S&P GLOBAL. S&P GLOBAL assumes no responsibility or liability for the accuracy or completeness of the content contained in third party materials or on third party sites referenced in this Podcast or the compliance with applicable laws of such materials and/or links referenced herein. Moreover, S&P GLOBAL makes no warranty that this Podcast, or the server that makes it available, is free of viruses, worms, or other elements or codes that manifest contaminating or destructive properties. 

S&P GLOBAL EXPRESSLY DISCLAIMS ANY AND ALL LIABILITY OR RESPONSIBILITY FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR OTHER DAMAGES ARISING OUT OF ANY INDIVIDUAL'S USE OF, REFERENCE TO, RELIANCE ON, OR INABILITY TO USE, THIS PODCAST OR THE INFORMATION PRESENTED IN THIS PODCAST. 

In this episode of the ESG Insider podcast, we explore the evolving role of the Chief Sustainability Offer, which is taking on greater importance in many organizations as awareness of environmental, social and governance issues grows.  

In many companies, the CSO is now working in tandem with Chief Executives and Chief Financial Officers. Often CSOs act as the "glue" embedding sustainability throughout company strategy and across different departments, Francesca Messini tells us in the episode. Francesca is a sustainability leader at audit, consulting and advisory firm Deloitte and an author behind a new report about the rise of CSOs in the European banking industry. The report was jointly published in June 2022 by Deloitte and the European Banking Federation, a trade group. 

"The Chief Sustainability Officer is not anymore a 'nice-to-have' role, but is a 'must have,' and has been proved to be essential to steer the sustainability strategy and the commitments that the banks are taking," Francesca says.  

We'd love to hear from you. To give us feedback on this episode or share ideas for future episodes, please contact hosts Lindsey Hall (lindsey.hall@spglobal.com) and Esther Whieldon (esther.whieldon@spglobal.com). 

Photo credit: Getty Images 

DISCLAIMER 

By accessing this Podcast, I acknowledge that S&P GLOBAL makes no warranty, guarantee, or representation as to the accuracy or sufficiency of the information featured in this Podcast. The information, opinions, and recommendations presented in this Podcast are for general information only and any reliance on the information provided in this Podcast is done at your own risk. This Podcast should not be considered professional advice. Unless specifically stated otherwise, S&P GLOBAL does not endorse, approve, recommend, or certify any information, product, process, service, or organization presented or mentioned in this Podcast, and information from this Podcast should not be referenced in any way to imply such approval or endorsement. The third party materials or content of any third party site referenced in this Podcast do not necessarily reflect the opinions, standards or policies of S&P GLOBAL. S&P GLOBAL assumes no responsibility or liability for the accuracy or completeness of the content contained in third party materials or on third party sites referenced in this Podcast or the compliance with applicable laws of such materials and/or links referenced herein. Moreover, S&P GLOBAL makes no warranty that this Podcast, or the server that makes it available, is free of viruses, worms, or other elements or codes that manifest contaminating or destructive properties. 

S&P GLOBAL EXPRESSLY DISCLAIMS ANY AND ALL LIABILITY OR RESPONSIBILITY FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR OTHER DAMAGES ARISING OUT OF ANY INDIVIDUAL'S USE OF, REFERENCE TO, RELIANCE ON, OR INABILITY TO USE, THIS PODCAST OR THE INFORMATION PRESENTED IN THIS PODCAST. 

In the last few years, central banks have played an increasing role in measuring the impacts of climate change on financial systems and economies. In 2017, a handful of central banks established the Network for Greening the Financial System, or NGFS. The network now has more than 100 members from around the globe working to manage and measure the risks climate change poses to financial stability.   

In this episode of the ESG Insider podcast, we speak with NGFS Chair Ravi Menon, who is also managing director of the Monetary Authority of Singapore, the central bank of Singapore. He talks about the work of the NGFS, the challenges of addressing physical risk and transition risk, and the role of central banks in combating climate change.  

“The challenge of climate change is so pervasive, you really need a whole-of-nation, whole-of-society response," he says. "Central banks, being a major part of that ecosystem, have an important role to play. But it is not a primary role. It can't be the key needle mover. It needs to work together with the rest of the government, the financial industry and other stakeholders in this effort."

Listen to our episode about the climate stress test France’s central bank conducted here: https://podcasts.apple.com/ie/podcast/heres-how-you-stress-test-for-climate-risk-according/id1475521006?i=1000525188660   

We'd love to hear from you. To give us feedback on this episode or share ideas for future episodes, please contact hosts Lindsey Hall (lindsey.hall@spglobal.com) and Esther Whieldon (esther.whieldon@spglobal.com). 

Photo credit: Getty Images 

DISCLAIMER 

By accessing this Podcast, I acknowledge that S&P GLOBAL makes no warranty, guarantee, or representation as to the accuracy or sufficiency of the information featured in this Podcast. The information, opinions, and recommendations presented in this Podcast are for general information only and any reliance on the information provided in this Podcast is done at your own risk. This Podcast should not be considered professional advice. Unless specifically stated otherwise, S&P GLOBAL does not endorse, approve, recommend, or certify any information, product, process, service, or organization presented or mentioned in this Podcast, and information from this Podcast should not be referenced in any way to imply such approval or endorsement. The third party materials or content of any third party site referenced in this Podcast do not necessarily reflect the opinions, standards or policies of S&P GLOBAL. S&P GLOBAL assumes no responsibility or liability for the accuracy or completeness of the content contained in third party materials or on third party sites referenced in this Podcast or the compliance with applicable laws of such materials and/or links referenced herein. Moreover, S&P GLOBAL makes no warranty that this Podcast, or the server that makes it available, is free of viruses, worms, or other elements or codes that manifest contaminating or destructive properties. 

S&P GLOBAL EXPRESSLY DISCLAIMS ANY AND ALL LIABILITY OR RESPONSIBILITY FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR OTHER DAMAGES ARISING OUT OF ANY INDIVIDUAL'S USE OF, REFERENCE TO, RELIANCE ON, OR INABILITY TO USE, THIS PODCAST OR THE INFORMATION PRESENTED IN THIS PODCAST.

Regulation is transforming the world of environmental, social and governance investing, and in many areas, Europe has been leading the charge on new rules and standards. In June 2022, the European Parliament and the Council of the EU reached a provisional agreement on new sustainability reporting rules for companies, known as the Corporate Sustainability Reporting Directive, or CSRD. 

In this episode of the ESG Insider podcast we speak to Adrie Heinsbroek, Chief Sustainability Officer at Netherlands-based asset manager NN Investment Partners, to get the investor view on how the changes could impact ESG-focused fund managers — and how the sorting hat from Harry Potter helps explain the trajectory of ESG regulation. 

Listen to our previous episode about CSRD here: https://podcasts.apple.com/us/podcast/csrd-eus-latest-proposed-addition-to-alphabet-soup/id1475521006?i=1000529859763  

Read our monthly ESG Regulatory Tracker here: https://www.spglobal.com/esg/insights/esg-regulatory-tracker-june-2022 

We'd love to hear from you. To give us feedback on this episode or share ideas for future episodes, please contact hosts Lindsey Hall (lindsey.hall@spglobal.com) and Esther Whieldon (esther.whieldon@spglobal.com). 

Photo credit: Getty Images 

DISCLAIMER 

By accessing this Podcast, I acknowledge that S&P GLOBAL makes no warranty, guarantee, or representation as to the accuracy or sufficiency of the information featured in this Podcast. The information, opinions, and recommendations presented in this Podcast are for general information only and any reliance on the information provided in this Podcast is done at your own risk. This Podcast should not be considered professional advice. Unless specifically stated otherwise, S&P GLOBAL does not endorse, approve, recommend, or certify any information, product, process, service, or organization presented or mentioned in this Podcast, and information from this Podcast should not be referenced in any way to imply such approval or endorsement. The third party materials or content of any third party site referenced in this Podcast do not necessarily reflect the opinions, standards or policies of S&P GLOBAL. S&P GLOBAL assumes no responsibility or liability for the accuracy or completeness of the content contained in third party materials or on third party sites referenced in this Podcast or the compliance with applicable laws of such materials and/or links referenced herein. Moreover, S&P GLOBAL makes no warranty that this Podcast, or the server that makes it available, is free of viruses, worms, or other elements or codes that manifest contaminating or destructive properties. 

S&P GLOBAL EXPRESSLY DISCLAIMS ANY AND ALL LIABILITY OR RESPONSIBILITY FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR OTHER DAMAGES ARISING OUT OF ANY INDIVIDUAL'S USE OF, REFERENCE TO, RELIANCE ON, OR INABILITY TO USE, THIS PODCAST OR THE INFORMATION PRESENTED IN THIS PODCAST. 

The rapid decline of the world's biodiversity poses big financial risks to businesses and the global economy. One of the organizations working to help companies assess, report and act on these risks is the Taskforce on Nature-related Financial Disclosures, or TNFD.   

The TNFD has been busy since forming in 2021 — releasing beta disclosure frameworks and launching pilot projects to test out these frameworks. In this episode of the ESG Insider podcast, we speak with one of the experts deeply involved in crafting the frameworks, Emily McKenzie, who is Technical Director of the TNFD Secretariat.   

"We're trying to create a framework that's global, aligned with the global sustainability reporting baseline, but also flexible to be applicable in jurisdictions that may be more ambitious than that," Emily tells us.  

Listen to our episode featuring an interview with TNFD co-chair Elizabeth Mrema here: https://soundcloud.com/esginsider/the-new-task-force-in-town  

We'd love to hear from you. To give us feedback on this episode or share ideas for future episodes, please contact hosts Lindsey Hall (lindsey.hall@spglobal.com) and Esther Whieldon (esther.whieldon@spglobal.com). 

Photo credit: Getty Images 

DISCLAIMER 

By accessing this Podcast, I acknowledge that S&P GLOBAL makes no warranty, guarantee, or representation as to the accuracy or sufficiency of the information featured in this Podcast. The information, opinions, and recommendations presented in this Podcast are for general information only and any reliance on the information provided in this Podcast is done at your own risk. This Podcast should not be considered professional advice. Unless specifically stated otherwise, S&P GLOBAL does not endorse, approve, recommend, or certify any information, product, process, service, or organization presented or mentioned in this Podcast, and information from this Podcast should not be referenced in any way to imply such approval or endorsement. The third party materials or content of any third party site referenced in this Podcast do not necessarily reflect the opinions, standards or policies of S&P GLOBAL. S&P GLOBAL assumes no responsibility or liability for the accuracy or completeness of the content contained in third party materials or on third party sites referenced in this Podcast or the compliance with applicable laws of such materials and/or links referenced herein. Moreover, S&P GLOBAL makes no warranty that this Podcast, or the server that makes it available, is free of viruses, worms, or other elements or codes that manifest contaminating or destructive properties.  

S&P GLOBAL EXPRESSLY DISCLAIMS ANY AND ALL LIABILITY OR RESPONSIBILITY FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR OTHER DAMAGES ARISING OUT OF ANY INDIVIDUAL'S USE OF, REFERENCE TO, RELIANCE ON, OR INABILITY TO USE, THIS PODCAST OR THE INFORMATION PRESENTED IN THIS PODCAST. 

In this episode of ESG Insider we're talking with one of the largest U.S. property and casualty insurers, Liberty Mutual Insurance, about how the company is integrating climate change risk into its investment decisions and underwriting practices.  

We interview Rakhi Kumar, Senior Vice President for Sustainability Solutions and Business Integration at Liberty Mutual Insurance, about a recent climate transition scenario analysis by the insurer. 

"As much as we may want to go faster, we have to recognize that there are realities that need to happen," says Rakhi.  

The analysis found that the lack of a coordinated global policy approach among countries presents the most immediate and greatest source of climate transition risk to companies. 

Listen to the ESG Insider episode from the S&P Global Sustainable1 Summit in New York here: https://www.spglobal.com/esg/podcasts/on-the-ground-in-nyc-how-climate-change-is-forcing-a-new-type-of-financial-literacy    

Listen to the episode where we talk with MunichRe about the insurer's approach to natural disasters here: https://soundcloud.com/esginsider/how-one-of-the-worlds-1 

Listen to our episode featuring Manulife's Global Chief Sustainability Officer here: https://www.spglobal.com/esg/podcasts/why-esg-experts-say-don-t-let-perfect-be-the-enemy-of-good 

We'd love to hear from you. To give us feedback on this episode or share ideas for future episodes, please contact hosts Lindsey Hall (lindsey.hall@spglobal.com) and Esther Whieldon (esther.whieldon@spglobal.com). 

Photo credit: Getty Images 

DISCLAIMER 

By accessing this Podcast, I acknowledge that S&P GLOBAL makes no warranty, guarantee, or representation as to the accuracy or sufficiency of the information featured in this Podcast. The information, opinions, and recommendations presented in this Podcast are for general information only and any reliance on the information provided in this Podcast is done at your own risk. This Podcast should not be considered professional advice. Unless specifically stated otherwise, S&P GLOBAL does not endorse, approve, recommend, or certify any information, product, process, service, or organization presented or mentioned in this Podcast, and information from this Podcast should not be referenced in any way to imply such approval or endorsement. The third party materials or content of any third party site referenced in this Podcast do not necessarily reflect the opinions, standards or policies of S&P GLOBAL. S&P GLOBAL assumes no responsibility or liability for the accuracy or completeness of the content contained in third party materials or on third party sites referenced in this Podcast or the compliance with applicable laws of such materials and/or links referenced herein. Moreover, S&P GLOBAL makes no warranty that this Podcast, or the server that makes it available, is free of viruses, worms, or other elements or codes that manifest contaminating or destructive properties.  

S&P GLOBAL EXPRESSLY DISCLAIMS ANY AND ALL LIABILITY OR RESPONSIBILITY FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR OTHER DAMAGES ARISING OUT OF ANY INDIVIDUAL'S USE OF, REFERENCE TO, RELIANCE ON, OR INABILITY TO USE, THIS PODCAST OR THE INFORMATION PRESENTED IN THIS PODCAST.

“If there’s an acronym in the disclosure space, I usually was involved,” quipped Curtis Ravenel at the recent GreenFin conference in New York. 

Curtis is Senior Advisor for the Glasgow Financial Alliance for Net Zero, or GFANZ, and Member of the Secretariat for the FSB Task Force on Climate-related Financial Disclosures, or TCFD. In an interview for this episode of the ESG Insider podcast following the conference, Curtis discusses the convergence happening among the alphabet soup of sustainability standard setters; the net zero transition; and the path forward during a time of tension in the ESG world.  

To hear our previous interview with Curtis: https://www.spglobal.com/esg/podcasts/esg-experts-are-watching-these-sustainability-trends-in-2022  

To read more about GFANZ guidance on credible net zero transition plans: https://www.gfanzero.com/ 

S&P Global Sustainable1 was a sponsor of GreenFin. 

We'd love to hear from you. To give us feedback on this episode or share ideas for future episodes, please contact hosts Lindsey Hall (lindsey.hall@spglobal.com) and Esther Whieldon (esther.whieldon@spglobal.com). 

Photo credit: Getty Images 

DISCLAIMER 

By accessing this Podcast, I acknowledge that S&P GLOBAL makes no warranty, guarantee, or representation as to the accuracy or sufficiency of the information featured in this Podcast. The information, opinions, and recommendations presented in this Podcast are for general information only and any reliance on the information provided in this Podcast is done at your own risk. This Podcast should not be considered professional advice. Unless specifically stated otherwise, S&P GLOBAL does not endorse, approve, recommend, or certify any information, product, process, service, or organization presented or mentioned in this Podcast, and information from this Podcast should not be referenced in any way to imply such approval or endorsement. The third party materials or content of any third party site referenced in this Podcast do not necessarily reflect the opinions, standards or policies of S&P GLOBAL. S&P GLOBAL assumes no responsibility or liability for the accuracy or completeness of the content contained in third party materials or on third party sites referenced in this Podcast or the compliance with applicable laws of such materials and/or links referenced herein. Moreover, S&P GLOBAL makes no warranty that this Podcast, or the server that makes it available, is free of viruses, worms, or other elements or codes that manifest contaminating or destructive properties.  

S&P GLOBAL EXPRESSLY DISCLAIMS ANY AND ALL LIABILITY OR RESPONSIBILITY FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR OTHER DAMAGES ARISING OUT OF ANY INDIVIDUAL'S USE OF, REFERENCE TO, RELIANCE ON, OR INABILITY TO USE, THIS PODCAST OR THE INFORMATION PRESENTED IN THIS PODCAST. 

In this episode of the ESG Insider podcast we bring you highlights from the GreenFin conference, which convened stakeholders from across the green finance ecosystem. The evolution of ESG data was a big topic at the event and in our interviews with attendees. We talk with Manulife Global Chief Sustainability Officer Sarah Chapman; Nasdaq Global Head of Sustainability Evan Harvey; and Joel Makower, who is chairman and co-founder of GreenBiz Group, the media and events company that hosted the event.

S&P Global Sustainable1 was a sponsor of GreenFin.

We'd love to hear from you. To give us feedback on this episode or share ideas for future episodes, please contact hosts Lindsey Hall (lindsey.hall@spglobal.com) and Esther Whieldon (esther.whieldon@spglobal.com).

Photo credit: Getty Images

DISCLAIMER

By accessing this Podcast, I acknowledge that S&P GLOBAL makes no warranty, guarantee, or representation as to the accuracy or sufficiency of the information featured in this Podcast. The information, opinions, and recommendations presented in this Podcast are for general information only and any reliance on the information provided in this Podcast is done at your own risk. This Podcast should not be considered professional advice. Unless specifically stated otherwise, S&P GLOBAL does not endorse, approve, recommend, or certify any information, product, process, service, or organization presented or mentioned in this Podcast, and information from this Podcast should not be referenced in any way to imply such approval or endorsement. The third party materials or content of any third party site referenced in this Podcast do not necessarily reflect the opinions, standards or policies of S&P GLOBAL. S&P GLOBAL assumes no responsibility or liability for the accuracy or completeness of the content contained in third party materials or on third party sites referenced in this Podcast or the compliance with applicable laws of such materials and/or links referenced herein. Moreover, S&P GLOBAL makes no warranty that this Podcast, or the server that makes it available, is free of viruses, worms, or other elements or codes that manifest contaminating or destructive properties.

S&P GLOBAL EXPRESSLY DISCLAIMS ANY AND ALL LIABILITY OR RESPONSIBILITY FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR OTHER DAMAGES ARISING OUT OF ANY INDIVIDUAL'S USE OF, REFERENCE TO, RELIANCE ON, OR INABILITY TO USE, THIS PODCAST OR THE INFORMATION PRESENTED IN THIS PODCAST.

Today we bring you the latest installment in our ‘Women in Leadership’ series of the ESG Insider podcast, featuring interviews with women CEOs and leaders from around the world. 

In this episode, we talk with Bonnie Lee, President and CEO of Hanmi Financial Corporation and Hanmi Bank, a Los Angeles-based community bank established in 1982 to serve the Korean American immigrant community and now serving multi-ethnic communities through its network of branches and loan production offices. 

Bonnie tells us how her interest in banking began when she watched her parents apply for a small business loan, and how she has learned from the successes and mistakes of a dozen different CEOs she has worked under during her career. 

She says empathy plays an important role in her leadership style — because ultimately, "banking is really a people business."  

Bonnie also explains Hanmi's approach to diversity, and how the bank’s workforce mirrors the diversity of the markets where it operates. "Throughout the 42-year history, the culture and our platform has [been] built to represent the market that we serve," she says. 

Read the latest research on gender diversity in leadership from S&P Global Sustainable1 here: https://www.spglobal.com/esg/insights/featured/special-editorial/women-in-leadership-what-s-the-holdup   

Listen to our 2023 Women in Leadership podcast series here: https://www.spglobal.com/esg/insights/featured/special-editorial/women-in-leadership 

This piece was published by S&P Global Sustainable1, a part of S&P Global.       

Copyright ©2024 by S&P Global       

DISCLAIMER       

By accessing this Podcast, I acknowledge that S&P GLOBAL makes no warranty, guarantee, or representation as to the accuracy or sufficiency of the information featured in this Podcast. The information, opinions, and recommendations presented in this Podcast are for general information only and any reliance on the information provided in this Podcast is done at your own risk. This Podcast should not be considered professional advice. Unless specifically stated otherwise, S&P GLOBAL does not endorse, approve, recommend, or certify any information, product, process, service, or organization presented or mentioned in this Podcast, and information from this Podcast should not be referenced in any way to imply such approval or endorsement. The third party materials or content of any third party site referenced in this Podcast do not necessarily reflect the opinions, standards or policies of S&P GLOBAL. S&P GLOBAL assumes no responsibility or liability for the accuracy or completeness of the content contained in third party materials or on third party sites referenced in this Podcast or the compliance with applicable laws of such materials and/or links referenced herein. Moreover, S&P GLOBAL makes no warranty that this Podcast, or the server that makes it available, is free of viruses, worms, or other elements or codes that manifest contaminating or destructive properties. 

S&P GLOBAL EXPRESSLY DISCLAIMS ANY AND ALL LIABILITY OR RESPONSIBILITY FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR OTHER DAMAGES ARISING OUT OF ANY INDIVIDUAL'S USE OF, REFERENCE TO, RELIANCE ON, OR INABILITY TO USE, THIS PODCAST OR THE INFORMATION PRESENTED IN THIS PODCAST.

Amid rapid growth in ESG investment, regulators around the world are developing sustainability-focused rules. In this episode of the ESG Insider podcast, we explore new rules proposed by the U.S. Securities and Exchange Commission that involve sustainable or ESG-labeled funds.

To get a better understanding, we talk with Aniket Shah, managing director and global head of environmental, social and governance and sustainability research at Jefferies Group. We also speak with George Raine, a partner in the asset management group at the law firm Ropes & Gray, and Lance Dial, a partner in the ESG & Sustainability group at law firm Morgan Lewis.

We'd love to hear from you. To give us feedback on this episode or share ideas for future episodes, please contact hosts Lindsey Hall (lindsey.hall@spglobal.com) and Esther Whieldon (esther.whieldon@spglobal.com).

Listen to our episode on the EU's Sustainable Finance Disclosure regulation here: https://soundcloud.com/esginsider/new-eu-sustainable-finance 

Read our monthly Regulatory Tracker here: https://www.spglobal.com/esg/insights/esg-regulatory-tracker-may-2022

Photo credit: S&P Global Sustainable1

The European Commission in May proposed its ‘REPowerEU’ plan to wean the EU off supplies of Russian fossil fuels and accelerate its transition to a low-carbon economy. In this episode of the ESG Insider podcast, we talk with experts about the plan and what it means for investment in renewables.

We speak with Elisabetta Cornago, senior research fellow at think tank the Centre for European Reform. We talk to Hans Stegeman, chief investment strategist at asset manager Triodos Investment Management. And we hear from Dries Acke, policy director of SolarPower Europe, which represents the solar power industry.

We'd love to hear from you. To give us feedback on this episode or share ideas for future episodes, please contact hosts Lindsey Hall (lindsey.hall@spglobal.com) and Esther Whieldon (esther.whieldon@spglobal.com).

Photo credit: Getty Images

In recent years, we’ve seen an explosion of interest in ESG investing, and private equity firms are part of that growing trend.   

In this episode of ESG Insider, we sit down with Lisa Hall, Impact Chair at Apollo Global Management. Apollo is one of the largest investing firms in the U.S. and pursues a number of strategies ranging from investment grade debt to private equity. Lisa talks about how ESG is becoming "table stakes" across industries and investment strategies.   

She also explains how Apollo's new private equity impact investing strategy aims to fill ESG financing gaps in education, health, safety, wellness and economic opportunity.   

"We very clearly are providing services and products that certain markets have not traditionally had access to," Lisa says. "That additionality and focus on underserved markets is something that we haven't explicitly or intentionally done in the traditional flagship funds that we are doing with a great deal of intention in the impact strategy."

We'd love to hear from you. To give us feedback on this episode or share ideas for future episodes, please contact hosts Lindsey Hall (lindsey.hall@spglobal.com) and Esther Whieldon (esther.whieldon@spglobal.com).  

To listen to our episode from the S&P Global Sustainable1 Summit in New York: https://www.spglobal.com/esg/podcasts/on-the-ground-in-nyc-how-climate-change-is-forcing-a-new-type-of-financial-literacy   

Photo credit: Getty Images

When it comes to tackling climate change, scientists say making transformative changes to the transportation sector will be key. For example, curbing vehicle transportation emissions will require a rapid scaling up of electric vehicle charging infrastructure as well as EV manufacturing. At the same time, companies are grappling with how to ensure the low-carbon transition balances climate goals with social ones. 

In this episode of ESG Insider, we talk with Hina Baloch, Executive Director for Data Analytics, Sustainability and Diversity, Equity and Inclusion and STEM Education Communications at General Motors, one of largest auto manufacturers in the U.S. GM has made several low-carbon pledges and is working on ensuring an equitable and just transition as it pursues those goals. The company is also moving to shore up access to new domestic resources for critical minerals after the COVID-19 pandemic and the Russia-Ukraine conflict exposed weaknesses in global supply chains. 

"A resilient local supply chain is going to be very important for a sustainable manufacturing future," says Hina. "Ensuring sustainability, ensuring scalability, ensuring security and ensuring cost competitiveness of our supply chain locally is extremely important." 

Correction: This episode was updated to remove a reference to the location of where GM's Cadillac LYRIQ is being built. It is being built in Tennessee and not in New York.

We'd love to hear from you. To give us feedback on this episode or share ideas for future episodes, please contact hosts Lindsey Hall (lindsey.hall@spglobal.com) and Esther Whieldon (esther.whieldon@spglobal.com).  

To listen to our episode from the S&P Global Sustainable1 Summit in New York: https://www.spglobal.com/esg/podcasts/on-the-ground-in-nyc-how-climate-change-is-forcing-a-new-type-of-financial-literacy  

To read more about expectations for electric vehicle sales, read this report by S&P Global Commodity Insights: https://www.spglobal.com/commodityinsights/en/market-insights/latest-news/energy-transition/042222-surging-ev-sales-hitting-high-lithium-prices-supply-chain-constraints-experts   

 Photo credit: Getty Images 

In this episode of the ESG Insider podcast, we sit down with Jan-Willem Vosmeer, Global Manager of Sustainable Development and Stakeholder Engagement at The Heineken Company. He talks about how the brewer is working with suppliers to reduce emissions, the challenges of working in a water-intensive industry, and how to make agriculture sustainable.  

But he says Heineken is focused on more than just environmental issues. It seeks to embed sustainability throughout its entire business, including through net zero goals, addressing responsible drinking and working to further diversity, equity and inclusion.  

"There's a lot of focus on the environmental part, but for me, it's really always a holistic agenda," Jan-Willem says. "So the S of social is as important as the environmental part, and they’re also interlinked."

We'd love to hear from you. To give us feedback on this episode or share ideas for future episodes, please contact hosts Lindsey Hall (lindsey.hall@spglobal.com) and Esther Whieldon (esther.whieldon@spglobal.com). 

Register for the S&P Global Sustainable1 Summit here: https://www.spglobal.com/esg/sp-global-sustainable1-summit?utm_medium=social&utm_source=podcast&utm_content=ESGInsiderAd 

To listen to our episode from the S&P Global Sustainable1 Summit in Paris: https://www.spglobal.com/esg/podcasts/on-the-ground-in-paris-long-term-net-zero-goals-need-urgent-action  

To listen to our episode from the S&P Global Sustainable1 Summit in New York: https://www.spglobal.com/esg/podcasts/on-the-ground-in-nyc-how-climate-change-is-forcing-a-new-type-of-financial-literacy 

Photo credit: Getty Images 

Corporates, financial institutions, investors and academics gathered in New York City on May 17 for the S&P Global Sustainable1 Summit to discuss topics such as net zero, the energy transition and ESG data challenges.

In this episode of the ESG Insider podcast, we bring you highlights from the panel discussions as well as interviews on the sidelines of the event.

We hear from Emily Chew, Chief Responsible Investment Officer at Calvert Research and Management, one of the largest responsible investment companies in the U.S. Emily talks about the intense level of engagement and coordination that climate change requires of companies.

"Every organization needs this multi-stakeholder, multi-pronged approach," she says. "It really stretches us into this new ... type of financial literacy that pertains to climate."

We also hear from the largest bank in the U.S. Rama Variankaval, Global Head of the Center for Carbon Transition at JPMorgan Chase and Co., talks about the challenge of putting climate targets into practice.

"We published a target and that's when the real work started,” Rama says. “It's easy enough to put a glossy 20 pages with numbers on it and pretty pictures of trees, etc. But then you have to go and say: Ok, what do you do with this?"

We also sit down on the sidelines of the event with Josh Green, Co-Founder and COO of technology platform Novata, to talk about the role of private equity markets in ESG. “If all the public companies in the world are fantastic in reducing their carbon emissions but private companies keep doing business as usual, we are not going to solve our climate problem," he says.

And we talk with Simran Heer, Program Manager at Microsoft, who explains how the company uses artificial intelligence and machine learning to tackle sustainability issues.

We'd love to hear from you. To give us feedback on this episode or share ideas for future episodes, please contact hosts Lindsey Hall (lindsey.hall@spglobal.com) and Esther Whieldon (esther.whieldon@spglobal.com).

Register for the S&P Global Sustainable1 Summit here: https://www.spglobal.com/esg/sp-global-sustainable1-summit?utm_medium=social&utm_source=podcast&utm_content=ESGInsiderAd

Photo credit: Getty Images

Around 300 corporates, financial institutions, investors and academics gathered in Paris on May 10 for the S&P Global Sustainable1 Summit to discuss topics including net zero, biodiversity, the energy transition and the ESG data challenge.

In this episode of the ESG Insider podcast, we sit down on the sidelines of the event with Sagarika Chatterjee, high level champion for climate action and the Glasgow Financial Alliance for Net Zero, or GFANZ. Sagarika talks about the importance of credible, near-term net zero targets. "This has to be about the next five years. It can't be about only the next 20 or the next 30," she tells us.

We also sit down with Magnus Billing, CEO of Sweden’s largest pension fund, Alecta. He says carbon pricing could be part of the solution in getting to net zero. "The market doesn't have the proper incentives today to take action," he tell us. "The drive to make changes and take actions would be enormously higher if we had a correct price on the actual cost" of carbon.

We'd love to hear from you. To give us feedback on this episode or share ideas for future episodes, please contact hosts Lindsey Hall (lindsey.hall@spglobal.com) and Esther Whieldon (esther.whieldon@spglobal.com).

Register for the S&P Global Sustainable1 Summit here: https://www.spglobal.com/esg/sp-global-sustainable1-summit?utm_medium=social&utm_source=podcast&utm_content=ESGInsiderAd

Photo credit: Getty Images

Stakeholder capitalism — the idea that companies are responsible to a wide range of stakeholders in addition to shareholders — was a big focus at the last iteration of Davos, the annual meeting hosted by the World Economic Forum that brings together global leaders from governments, business and academia in Switzerland.

In 2022, Davos is scheduled to take place the week of May 22. Ahead of that event, we’re talking with Bruno Roche, the former Mars Inc. chief economist who founded the Economics of Mutuality platform. In this episode of the ESG Insider podcast, Bruno outlines a new approach to corporate performance measurement and accounting.

"Fifty years ago, financial capital was scarce, but natural resources were overly abundant. Today, it's just the opposite — financial capital is overly abundant and natural resources are scarce," Bruno tells us in this episode of the ESG Insider podcast. "Yet our economic model has not changed. So there is something wrong."

Bruno proposes a total rethink of corporate purpose to an approach that is more focused on a wide range of stakeholders. "The purpose of business is about creating scalable and profitable solutions to the problems of people and planet — not profiting from creating problems," he says.

We'd love to hear from you. To give us feedback on this episode or share ideas for future episodes, please contact hosts Lindsey Hall (lindsey.hall@spglobal.com) and Esther Whieldon (esther.whieldon@spglobal.com).

Register for the S&P Global Sustainable1 Summit here: https://www.spglobal.com/esg/sp-global-sustainable1-summit?utm_medium=social&utm_source=podcast&utm_content=ESGInsiderAd

Photo credit: Getty Images

Human rights problems lurking in supply chains — from child labor and unfair wages to unsafe working conditions — are moving up the ESG agenda for many companies and investors.

In this episode of the ESG Insider podcast, we explore how the issue is evolving. One force behind this change is new legislation being rolled out that requires companies to identify, measure and tackle human rights risk related to their business activities. Another is a warming climate, and the way the physical impacts of climate change can affect societies and workers and disrupt the global flow of goods and services.

The human rights topic is also coming into sharper focus following the COVID-19 pandemic and amid instances of localized conflict in different parts of the world. Meanwhile, social media and other tech businesses face their own human rights issues, ranging from data privacy to hate speech.

In this episode, we talk with human rights experts from three organizations: asset manager Robeco, law firm Clifford Chance, and the Business & Human Rights Resource Centre, a U.K.-based nonprofit.

We'd love to hear from you. To give us feedback on this episode or share ideas for future episodes, please contact hosts Lindsey Hall (lindsey.hall@spglobal.com) and Esther Whieldon (esther.whieldon@spglobal.com).

Register for the S&P Global Sustainable1 Summit here: https://www.spglobal.com/esg/sp-global-sustainable1-summit?utm_medium=social&utm_source=podcast&utm_content=ESGInsiderAd

Photo credit: Getty Images

Regulation is increasingly shaping the agenda for environmental, social and governance-focused investors. In many parts of the world, regulators are working to bring clarity to an often-confusing ESG market amid an alphabet soup of different voluntary frameworks.

The European Banking Authority, which oversees EU banks, is one such regulator. Earlier this year, it said it will ask banks to disclose information on climate risks and their plans to address those risks from 2023. For this episode of the ESG Insider podcast, we interviewed Pilar Gutierrez, Head of Reporting and Transparency at the EBA, about the new standards, how they fit with a push for more standardized reporting internationally, and what improvements banks will have to make.

“Many corporates or banks are already providing disclosure reports on nonfinancial information according to the TCFD recommendations,” Pilar tells us. “But when assessing these reports, we still observe growth for improvement in terms of consistency and comparability of the disclosures.”

We'd love to hear from you. To give us feedback on this episode or share ideas for future episodes, please contact hosts Lindsey Hall (lindsey.hall@spglobal.com) and Esther Whieldon (esther.whieldon@spglobal.com).

Register for the S&P Global Sustainable1 Summit here: https://www.spglobal.com/esg/sp-global-sustainable1-summit?utm_medium=social&utm_source=podcast&utm_content=ESGInsiderAd

Photo credit: Getty Images

In this week’s episode of the ESG Insider podcast we sit down with Steve Howard, Vice Chair of Sustainability for Singapore-based Temasek, a global investment firm with a net portfolio value of $287 billion as of March 31, 2023. 

Steve was a keynote speaker at the annual S&P Global Sustainable1 Summit in London May 8. In an interview on the sidelines of the event, he explains the green investment opportunities and challenges Temasek sees in emerging markets.  

"We've got huge need with 700 million people or so lacking energy access," Steve says. "There's an imperative to help people get out of poverty, have really the resilience in their life of access to energy and cooling and mobility and secure food supplies ... now the technology is there, so we need to mobilize more capital."

Listen to our interview with International Sustainability Standards Board Vice Chair Sue Lloyd on the sidelines of the S&P Global Sustainable1 Summit: https://www.spglobal.com/esg/podcasts/issb-vice-chair-sue-lloyd-talks-aligning-sustainability-standards-across-jurisdictions      

Listen to our episode from the S&P Global Sustainable1 Summit about how AI could solve the data challenge for climate, nature and the energy transition: https://www.spglobal.com/esg/podcasts/how-ai-could-solve-the-data-challenge-for-climate-nature-and-the-energy-transition  

The next leg of the Summit will take place in Tokyo on June 6. Learn more here: https://www.spglobal.com/esg/events/summit-2024    

This piece was published by S&P Global Sustainable1, a part of S&P Global.  

Copyright ©2024 by S&P Global  

DISCLAIMER  

By accessing this Podcast, I acknowledge that S&P GLOBAL makes no warranty, guarantee, or representation as to the accuracy or sufficiency of the information featured in this Podcast. The information, opinions, and recommendations presented in this Podcast are for general information only and any reliance on the information provided in this Podcast is done at your own risk. This Podcast should not be considered professional advice. Unless specifically stated otherwise, S&P GLOBAL does not endorse, approve, recommend, or certify any information, product, process, service, or organization presented or mentioned in this Podcast, and information from this Podcast should not be referenced in any way to imply such approval or endorsement. The third party materials or content of any third party site referenced in this Podcast do not necessarily reflect the opinions, standards or policies of S&P GLOBAL. S&P GLOBAL assumes no responsibility or liability for the accuracy or completeness of the content contained in third party materials or on third party sites referenced in this Podcast or the compliance with applicable laws of such materials and/or links referenced herein. Moreover, S&P GLOBAL makes no warranty that this Podcast, or the server that makes it available, is free of viruses, worms, or other elements or codes that manifest contaminating or destructive properties.  

S&P GLOBAL EXPRESSLY DISCLAIMS ANY AND ALL LIABILITY OR RESPONSIBILITY FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR OTHER DAMAGES ARISING OUT OF ANY INDIVIDUAL'S USE OF, REFERENCE TO, RELIANCE ON, OR INABILITY TO USE, THIS PODCAST OR THE INFORMATION PRESENTED IN THIS PODCAST.

A new report from the U.N.'s Intergovernmental Panel on Climate Change, or IPCC, charts a challenging but feasible course ahead for many sectors in achieving net zero emissions. The report warns that delayed action could result in significantly worse losses and damages, including trillions of dollars worth of stranded fossil fuel assets.

In this Earth Day episode of ESG Insider, we talk with a contributing author to the report, John Bistline. John is Program Manager in the Energy Systems and Climate Analysis Group at the Electric Power Research Institute, or EPRI. He explains that a low-carbon future will depend on transforming energy systems that rely on electricity or fossil fuels to operate. And he talks about the potential challenges energy systems face in pursuing net zero emissions by 2050, and the actionable takeaways in the report for companies.

"The next steps are thinking about these credible commitments to public policy, private investment, to innovation. And in the near term, that may mean doubling down on options that previous decades have helped to make cheap," he says. "We're also going to see a lot of work trying to scale the technologies that are needed to reach net zero emissions across the economy. And I think in order to do that, there's going to be a lot of interest, a lot of investment in these options that today are sort of more at a pilot scale."

Listen to our episode on the IPCC's previous February 2022 climate adaptation report here: https://soundcloud.com/esginsider/ipcc-climate-report-warns 

Listen to our episode on the IPCC's August 2021 report about the scientific basis for climate change here: https://soundcloud.com/esginsider/in-fighting-climate-change 

Register for the S&P Global Sustainable1 Summit here: https://www.spglobal.com/esg/sp-global-sustainable1-summit?utm_medium=social&utm_source=podcast&utm_content=ESGInsiderAd 

We'd love to hear from you. To give us feedback on this episode or share ideas for future episodes, please contact hosts Lindsey Hall (lindsey.hall@spglobal.com) and Esther Whieldon (esther.whieldon@spglobal.com).

Photo credit: Getty Images

The world is working to meet ambitious environmental, social and governance targets in the form of the Paris Agreement and the U.N.'s Sustainable Development Goals. It's clear that banks will play a central role in financing the changes needed to meet these goals. In this episode of the ESG Insider podcast, we talk with Karen Fang, Global Head of Sustainable Finance at Bank of America, about how one of the largest U.S. banks is approaching sustainability challenges.

In the episode, Karen discusses the bank's goal of deploying and mobilizing $1.5 trillion in sustainable finance by 2030, how Bank of America is working to align SDG and ESG goals, and steps the bank is taking to meet its own net zero goal.

She also talks about the new climate disclosure proposal from the U.S. Securities and Exchange Commission and the difficulty of measuring and managing Scope 3 emissions.

"For us, as a bank, the biggest challenge is Scope 3 because that's our entire supply chain and value chain," Karen says. "It really takes all of our clients that we lend money to and invest in to work with us on a credible transition plan to transition to net zero so our financing and investment emissions — which is the biggest contributor of our Scope 3 emissions — can be neutralized over time."

Listen to our recent episode on the SEC’s climate disclosure proposal here: https://www.spglobal.com/esg/podcasts/unpacking-implications-of-the-sec-s-proposed-climate-disclosure-rule

Register for the S&P Global Sustainable1 Summit here: https://www.spglobal.com/esg/sp-global-sustainable1-summit?utm_medium=social&utm_source=podcast&utm_content=ESGInsiderAd

We'd love to hear from you. To give us feedback on this episode or share ideas for future episodes, please contact hosts Lindsey Hall (lindsey.hall@spglobal.com) and Esther Whieldon (esther.whieldon@spglobal.com).

Photo credit: Bank of America

In 2022, the ESG Insider podcast is bringing you a series of interviews with some of the world’s largest asset managers, owners and financial institutions. In this episode, we hear from the largest pension fund in the U.S. — the California Public Employees' Retirement System, or CalPERS.

We speak to Simiso Nzima, managing investment director of global equity at CalPERS. The conversation focused on five vital sustainability topics — executive pay and its link to ESG performance; board diversity; climate risk; the lack of standardization in ESG metrics; the SEC’s new proposal on climate-related disclosures; and finally, the debate about divestment versus engagement.

To listen to our interview with BlackRock: https://podcasts.apple.com/us/podcast/behind-the-scenes-with-blackrock-how-the-worlds/id1475521006?i=1000554510594 

To listen to our interview with State Street Global Advisors: https://podcasts.apple.com/us/podcast/state-street-global-advisors-exec-on-climate-accountability/id1475521006?i=1000551552556 

We'd love to hear from you. To give us feedback on this episode or share ideas for future episodes, please contact hosts Lindsey Hall (lindsey.hall@spglobal.com) and Esther Whieldon (esther.whieldon@spglobal.com).

Photo credit: Getty Images