Listen to Tracey Rembert, Associate Director, Climate Change and Environmental Justice at ICCR, and Alexandra Wright-Gladstein, founder and CEO of the climate-friendly investment fund Sphere.
In this Frankly Speaking episode, we explore the new climate disclosure rules just agreed by the Securities and Exchange Commission in the United States and asks what are the implications both in the US and worldwide.
To answer those questions, Richard Howitt welcomes Tracey Rembert, Associate Director, Climate Change and Environmental Justice at the Interfaith Center on Corporate Responsibility (ICCR), and Alexandra Wright-Gladstein, founder and CEO of the climate-friendly investment fund Sphere.
In this episode, you’ll hear more about:
“There was a part of me when I saw this outcome that did celebrate, because it is the first time that our major financial regulatory system in the United States is acknowledging that climate risk is financial risk. And just that acknowledgment is huge. I think the SEC did a good job on the first in helping investors protect themselves from climate related risks. Uh, now we need to do better on the second, which is helping investors understand how to invest for a climate safe world.“
There's very little pressure being applied to companies by investors looking at how they're actually behaving and treating human rights as a core business priority. This needs to change.
Investors shouldn't just take companies' word for what they're doing; they should investigate what the companies are actually doing regarding human rights.
Germany's NewClimate Institute has produced the Corporate Climate Responsibility Monitor report, evaluating the transparency and integrity of climate pledges of 51 major companies across different sectors and geographies.
