Corporate ESG is a topic that every forward-thinking business leaders, entrepreneurs need to be familiar with. As an associate member of the World Institute of Sustainable Development Planners, I have officially published my first Udemy course - “Corporate ESG Fundamental for Business Ledaers”. From concept to implementation, from understanding what contents could be included in each of the three aspects, to reading and identifying the best practices in ESG reports, the course will provide you with a very comprehensive understanding of Corporate ESG.

First G20 Sustainable Finance Working Group (SFWG) Meeting

The first SFWG meeting was held under the Indonesian G20 Presidency late last month.

The meeting discussed three workstreams for 2022:
1) Developing a transition finance framework to strengthen credibility net zero/sustainability commitments by financial institutions
2) Scaling up sustainable finance instruments, focusing on improving accessibility and affordability (especially in developing countries and for SMEs)
3) Policy levers related to incentivize sustainable financing and investment

Results of the meeting will be further discussed at the Second Finance and Central Bank Deputies Meeting and the First Finance Ministers and Central Bank Governors (FMCBG) Meeting this month.

Is there anything you think the SFWG missed? How can the G20 and other international institutions work towards the success of these three workstreams?

No McKinsey, it will not cost $9 trillion per year to solve climate change.

Fake Green Taxonomy Act must be rejected by EU Parliament

The European Commission has today bowed to pressure from France and others (1), by publishing a set of sustainable finance rules which will do huge damage to the EU and global environmental action

How can financial stakeholders coordinate the transition towards a sustainable financial system?

Countries are increasingly turning to Sustainable Finance Roadmaps to plan and prioritize transformative action.

Through the Aligning Finance Policies project, the Green Finance Platform is working with six countries - China, India, Kazakhstan, Mexico, Mongolia and Nigeria – to progress their Sustainable Finance Roadmaps.

Roadmap updates, upcoming events, op-eds and other project content can be found on the recently launched Aligning Finance Policies website.

#AligningFinancePolicies

Credit Suisse Shows Flaws of Trying to Quantify ESG Risks

Swiss bank has endured repeated scandals and executive departures, but done well on many scoring systems designed to spot nonfinancial risks

ESG Study Shared With SEC Reveals Fund Labels Are Often Useless

'Investing in ESG funds is like trying to navigate “the Wild West” as both regulations and enforcement fall short'

BOE Push to Green Quantitative Easing Isn’t Working, Study Shows.

One of the world’s most ambitious attempts by a central bank to go green isn’t exactly working as planned.

Biodiversity loss and financial stability

Healthy ecosystems provide "ecosystem services" (material and water supply, climate regulation, pollination, etc.) on which economic activities depend. Their alteration could disrupt economic activities with potential consequences for financial stability. For this reason, central banks and supervisors are taking an increasing interest in the financial risks associated with biodiversity loss (physical risk) as well as those potentially generated by the incompatibility of business strategies and models with economic and regulatory changes aimed at protecting biodiversity (transition risk). This post presents an initial analysis of the French financial system's exposure to these risks.

Dear Colleagues,
I am Ramon Spanchis and I am very interested in the forum and the site in general, so here I am.
I want to learn a lot and I remain at your service.
Thanks and greetings!
RS