All Things Sustainable21 Joulu 2021

Climate must factor into 'every financial transaction,' says Just Climate Chairman

In this year's final episode of ESG Insider, we talk with David Blood about two big sustainability issues impacting the financial sector as we head into 2022: Plugging the climate financing gap, and aligning investment portfolios with Paris Agreement goals.

David is a senior partner at Generation Investment Management, the sustainable investment firm he founded with former U.S. Vice President Al Gore. David tells us about the strategy behind Just Climate, a new venture Generation Investment Management launched in October 2021 to tackle the net zero challenge at scale.

"To achieve our goal of limiting global temperature rise to less than 1.5 degrees C, every financial transaction must take climate into consideration," David says in the interview. "I don't believe yet that the asset owner community or the asset manager community fully embrace that, have fully internalized that notion."

He also talks about his role leading the Portfolio Alignment Team. This group was created in 2020 by Mark Carney in his capacity as U.N. Special Envoy for Climate in response to rising interest from investors and lenders in measuring how portfolios align with Paris Agreement goals. The Portfolio Alignment Team published its latest report shortly before COP26.

In this episode, we also speak with Carter Powis, a consultant with McKinsey who led the firm's support of the team.

"Knowledge of portfolio alignment tools is still in a very nascent state across the financial sector," Carter says. "As a result, there are some pervasive misunderstandings about what these tools are and why they're important."

Photo credit: Generation Investment Management

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Here's what you missed at London Climate Action Week

The 8th edition of London Climate Action Week (LCAW) wrapped up June 28, and in this episode of the All Things Sustainable podcast we're talking about key takeaways with Nick Mabey. Nick is LCAW's Fou...

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What planetary health means for the private sector

The inaugural Climate Week Zurich in May opened with a stark assessment of the health of the planet: Internationally recognized scientist Johan Rockström told the audience that the Earth has transgres...

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CSO Insights: How sustainability at big bank UBS evolved after mega-merger

Three years ago, one of the world's largest banks, Switzerland-based UBS, completed the acquisition of another major global bank, Credit Suisse. In today's episode of the All Things Sustainable po...

19 Kesä 33min

How the UK is tackling the "alphabet soup" of sustainability disclosures

Ahead of London Climate Action Week, we're exploring how the UK is adopting International Sustainability Standards Board (ISSB) standards. This episode of the All Things Sustainable podcast is the...

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Live in London: How sustainability is evolving into a broader conversation about resilience

Earlier this year, we took the show on the road for our first episode of the All Things Sustainable podcast recorded live in London. We sat down in front of an audience with three guests to understand...

5 Kesä 41min

CSO Insights: How food and beverage giant PepsiCo uses AI for its 'era of resilience'

In this episode of the All Things Sustainable podcast, we talk to PepsiCo to understand how one of the world's biggest food and beverage companies is building resilient food systems. PepsiCo produc...

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How companies are balancing AI data center energy demand and sustainability

The rapid expansion of AI-driven data centers is putting unprecedented pressure on energy supply, emissions and water availability. At the start of 2026, S&P Global named AI and data center growth as ...

22 Touko 33min

Why Canadian Sustainability Standards Board Chair calls sustainability disclosures "table stakes"

In this episode of the All Things Sustainable podcast, we're examining global uptake of standards created by the International Sustainability Standards Board (ISSB). The ISSB launched in 2021 to c...

15 Touko 25min