In 2020, just 10% of ASX200 companies linked executive remuneration to climate performance; now that figure has jumped to 54%. But are such linkages effectively driving decarbonisation? Pollination's Zoe Whitton and Rebecca Mikula-Wright from Investor Group on Climate Change (IGCC) write in today's The Australian Financial Review that the absence of clear transition planning is limiting the effectiveness of many such efforts. What can companies and leaders do to make such linkages more effective? Pollination and IGCC's report sets out principles that can drive success and then benchmarks leading Australian companies against those principles. Read the opinion piece at https://lnkd.in/gPpjzrhk Check out the full report at https://lnkd.in/gKtTc8kE #netzerotransition #sustainablebusiness #executiveremuneration Georgia Monaghan Mitchell Shannon Fergus Pitt Max Hamra Erwin Jackson Richard Proudlove Bethany Noble
Pollination’s Post
More Relevant Posts
-
Australia has 598 threatened species 🐦🪲🐠🦈🦭🦜 There are 1,989 large corporations with turnovers over $250 million 🏭🏦. If three companies each took responsibility for one species in their operational area, tying that species' health to their own metrics of success and value, we could dramatically reduce the extinction problem. 💰⛓️💥🌿 In the short term, tie the leadership bonuses, shareholder payouts and even tax rates to the long-term health and success of threatened species within the operational footprint of large corporate businesses. We know financially based incentives and performance systems don’t work for long-term effective change. In fact, they often have detrimental impacts. So leverage them to initiate the more difficult cultural and values change required in the medium term. 🏜️🏔️🏕️ Over the long term. Align organisational values and benefits with a connection to, reverence for and protection of nature or a key species. As an organisation purchase and protect land in perpetuity. Align organisational success with the success of the ecosystems connected to operations. Align team days out with connections in nature. Show through leadership, experience and values the interdependence of organisational success with thriving natural ecosystems. Imagine if every large corporation took responsibility for an umbrella or keystone species in Australia. How do you imagine our ecosystems and organisations might look? #Regenerative #Sustainability #Climate #TransitionDesign
In 2020, just 10% of ASX200 companies linked executive remuneration to climate performance; now that figure has jumped to 54%. But are such linkages effectively driving decarbonisation? Pollination's Zoe Whitton and Rebecca Mikula-Wright from Investor Group on Climate Change (IGCC) write in today's The Australian Financial Review that the absence of clear transition planning is limiting the effectiveness of many such efforts. What can companies and leaders do to make such linkages more effective? Pollination and IGCC's report sets out principles that can drive success and then benchmarks leading Australian companies against those principles. Read the opinion piece at https://lnkd.in/gPpjzrhk Check out the full report at https://lnkd.in/gKtTc8kE #netzerotransition #sustainablebusiness #executiveremuneration Georgia Monaghan Mitchell Shannon Fergus Pitt Max Hamra Erwin Jackson Richard Proudlove Bethany Noble
To view or add a comment, sign in
-
Webinar on 24 September | Leveraging Data and Indices for a Low-Carbon Transition Save your spot today and hear from David Russell and Tony Campos at the FTSE TPI Climate Transition Webinar: https://lseg.group/3X9Nj8r. This webinar is exclusive for investors in Australia and New Zealand. David and Tony will examine the key findings from the latest sustainable investment and transition reports, the role of data and indices in sustainable investments and use cases from global investors. "Empowering Sustainable Investments: Leveraging Data and Indices for a Low-Carbon Transition" Date: 24 September (Tuesday) Time: 9am AEST / 11am NZST Transition Pathway Initiative (TPI) #ClimateTransition #Investment #ClimateData #SustainableInvesting #TPI #FTSERussell #StateofTransition #LowCarbon #CarbonPerformance #ManagmentQuality #SustainableFinance
To view or add a comment, sign in
-
Maple-Brown Abbott’s head of ESG and portfolio manager, Emma Pringle says that despite the rise in anti-ESG sentiments in the US, Australia continues to “carve its own path” with policies supportive of the climate transition and the sustainable investing framework.” Read more in The Australian Financial Review: https://lnkd.in/gVr8FPiD #ESG #US #politics #commitment #climate
To view or add a comment, sign in
-
Hayfin has become a signatory to iC International, a collaborative initiative that promotes the sharing of knowledge and best practice to better understand and manage the risks associated with climate change. In addition, Hayfin has also maintained its signatory status to the UK Stewardship Code 2020 and the Principles for Responsible Investment 2023 as we remain committed to investing responsibly. Find out more about Hayfin's latest Stewardship Code report here: https://hayfin.com/esg/ #esg
To view or add a comment, sign in
-
As the world grapples with pressing climate challenges and political shifts, it’s easy to feel disheartened by the headlines 📰 So, we asked our Ethical Oversight Committee, Julia Dreblow, Shri Krishnansen, Cleona Lira and Chris Hegarty to share their thoughts on #COP29, Trump’s return, and how investors can shape their investment strategy. Find out the challenges and opportunities of sustainable investing 👇 https://lnkd.in/e7f2gtGD For financial professionals only #USPolitics #ClimateCrisis #SustainableInvesting #DFM #CIP #Platform #InvestmentManagement #ParmenionInvestment
COP, Trump, and the path ahead for investors | Parmenion
parmenion.co.uk
To view or add a comment, sign in
-
A well-made argument for the need for standardization in #esg #disclsoure as a key component of the collective approach to addressing #climatechange. Applying this same logic, I would argue that to address the vast range of socioeconomic and environmental challenges currently faced in our own market, it is critical that we all reach a standardized level of understanding with respect to these issues and their relevance to our organisations. When it comes to understanding ESG, ensuring that key stakeholders are all starting from the same base of knowledge can make a world of difference to #realworldimpact. This is particularly important for institutional investors. If you're a bank, insurer or pension fund tasked with #responsibleinvestment and #stewardship of your clients/members' assets, then building up your internal team's knowledge on ESG should be your top priority right now. Number one on your to do list should be finding a partner you trust (like Krutham, for example) that can support you in this endeavour. https://lnkd.in/dh5NKiZq
Boosting net zero investment means aligning climate disclosure demands
sustainableviews.com
To view or add a comment, sign in
-
Thanks for recording this Philip. As the saying goes “The Stone Age came to an end not for a lack of stones, and the Oil Age will end, but not for a lack of oil”. Attributed to (amongst others) Sheikh Ahmed Zaki Yaman, a former Minister of Oil for Saudi Arabia, it’s a recognition that the world will evolve its energy sources away from fossil fuels. This transition will only happen when the users of fossil fuels, the demand side, develop alternative processes or energy sources. Hence a focus of investor stewardship and engagement should be on how the demand side is transitioning. The Transition Pathway Initiative (TPI) supports this engagement by providing data on how companies are managing this transition, and the targets they are setting relative to sector specific transition pathways.
Given what we know about climate change, how do you pay a pension 40 years from now? And why is focusing on oil and gas companies misguided? What do you think? And would you agree that Net Zero isn't about divestment, particularly when you own a slice of everything, everywhere? Join David Russell and I, as we get into the best fiduciary interests of pension funds, and how the Transition Pathway Initiative (TPI) works to create sector specific, short, medium and long term targets to achieve Net-Zero by 2050. We go through; * Genesis of the TPI * Universal Ownership and proxy voting * The need for policy on nature and biodiversity * Assessing Sovereign Climate Opportunity & Risk (ASCOR) This conversation was had during our time together at the Investor Group on Climate Change (IGCC), after David finished his session on Corporate Climate Engagement with Alison George at Australian Ethical Investment, Alison Ewings at QIC and Sasha Courville at Aluminium Stewardship Initiative. TPI is supported by The London School of Economics and Political Science (LSE) and the Grantham Research Institute on Climate Change & the Environment. In the past week David also been speaking at the International Corporate Governance Network (ICGN) Melbourne Conference, hosted by the Australian Council of Superannuation Investors (ACSI). If you're in London (and already have a ticket), you can see David in person at the Responsible Asset Owners Global Symposia (RAOGlobal.org) this Thursday 21st, speaking with Rory Sullivan, Mark H., Naomi Clark and Sonja Laud (Schemmann) on 'how to capitalize on the transition to a low-carbon economy.' Thank you particularly to Rebecca, Duncan and Fergus for the opportunity to bring you this from the IGCC Summit, and finally; If you're not sure how you're going to strategically lead your organisation internally and externally through this turbulent time, or communicate your vision effectively, reach out and let's discuss it in confidence. I'm here to help! #RAOEurope2024 #IGCCSummit24 #Mission1Point5 #strategy #leadership #communications #investing #finance #climate #impact
To view or add a comment, sign in
-
The impact of climate change is not fully reflected in market prices, with a highly uncertain range of potential outcomes. It is therefore critical for all retirement funds and other long term investors to take appropriate steps to manage the risks and opportunities. See below key thoughts and what trustees and other investors can do to address this in a pragmatic manner. 👇🏽 #ESG #Impact #FundOfTheFuture https://lnkd.in/dZwcUNCx
͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
links.mkt1969.com
To view or add a comment, sign in
-
Our newsletter this week brings you Gill Wadsworth reviewing the Robeco survey on sustainable investing and finding that the US is coming up short. According to the research, only 35 per cent of North American respondents say they prioritise climate investing versus 62 per cent of all those surveyed who say climate change is at the centre of, or is a significant factor in, their investment policy. US investors are also less likely to engage with investee companies on ESG issues. Robeco finds that 55 per cent of North American investors are not taking any engagement actions, compared to 22 per cent in Europe and 26 per cent in Asia-Pacific. https://lnkd.in/e6fpEGRX
To view or add a comment, sign in
-
What are asset owners’ priorities and decisions around sustainable investment? How is corporate climate action progressing towards the temperature goals of the 2015 UN Paris Agreement? How can investors leverage climate data and indices? Hear from David Russell and Tony Campos at the FTSE TPI Climate Transition Webinar exclusive for investors in Australia and New Zealand. Save your spot: https://lseg.group/3X9Nj8r "Empowering Sustainable Investments: Leveraging Data and Indices for a Low-Carbon Transition" Date: 24 September (Tuesday) Time: 9am AEST / 11am NZST Transition Pathway Initiative (TPI) #ClimateTransition #Investment #ClimateData #SustainableInvesting #TPI #FTSERussell #StateofTransition #LowCarbon #CarbonPerformance #ManagmentQuality #SustainableFinance
To view or add a comment, sign in
38,383 followers