Impact Links: CDP Report on climate risk; GIIN Annual Survey; Ralph Lauren Sustainability Strategy; Biz Schools Takes on Impact Investing; New Flood Risk Database
by UK nonprofit CDP reveals 215 of the world’s biggest companies face almost $1 trillion in climate change risks, with many likely to hit within the next five years.
The Global Impact Investing Network (GIIN) released its
annual impact investor survey
reflecting 266 respondents managing $239 billion in impact investing assets.
New York lawmakers agreed to pass the
Climate Leadership and Community Protection Act
, the most comprehensive and aggressive climate change legislation in the nation, aiming to reduce greenhouse gas emissions 85% by 2050.
Ralph Lauren announced its new sustainability strategy
, Design the Change. The company released five new sustainability goals, named its first chief sustainability officer, and expanded its Nominating & Governance Committee to include oversight of environmental and social risks and opportunities.
More business schools are offering courses on sustainable finance in which students learn how to evaluate a company based on its ESG performance.
The Wall Street Journal
details programs at UC Berkeley’s Haas School of Business, NYU Stern School of Business, Harvard Business School, and London Business School.
Is your home at risk of flooding? The data is hard to find. First Street, a nonprofit advocating for improved flood disclosure, is
assembling a comprehensive database on flood history and flood risk
for homes in the U.S.
The Federal Reserve Bank of San Francisco wants banks to get extra credit under the Community Reinvestment Act for
making loans that help communities adapt to climate change
and prepare for future natural disasters.
recently profiled “
Impact Investing for the Next Generation
, ” a course offered by Harvard and the University of Zurich, in collaboration with the World Economic Forum, targeted at extremely wealthy millennials around the world.