Investor group launches campaign to help companies protect nature

  • 📰 ReutersScience
  • ⏱ Reading Time:
  • 64 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

Here's the plan: Select 100 companies whose business burdens nature. Then, offer advice on how to lighten their impact and monitor their progress.

Such is the vision of a campaign called "Nature Action 100" launched on Sunday by 11 investment firms hoping to encourage companies to help preserve ecosystems that support more than half the world's economic output.

Protecting supply chains that rely on natural resources is just good business, said Claudia Wearmouth, global head of responsible investment at Columbia Threadneedle Investments. "The aim of Nature Action 100 is to engage those companies that have the highest impact on nature, not only to protect the natural environment but also to mitigate the risks these companies face from mounting pressure to effectively address biodiversity issues," Wearmouth said in a statement.in Montreal are working to strike a global agreement by Dec. 19 on ways to protect the world's threatened species and dwindling wild spaces.

"The impact that companies have on nature is currently not easy to quantify, and this limits the extent to which investors can engage with them on this key issue," said Stephanie Pfeifer, CEO of the Institutional Investors Group on Climate Change, which is among the leaders of the new initiative. The other investment firms behind the plan are AXA Investment Managers, BNP Paribas Asset Management, Church Commissioners for England, Domini Impact Investments, Federated Hermes Limited, Karner Blue Capital, Robeco, Storebrand Asset Management, Christian Brothers Investment Services and Vancity Investment Management.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

It's a start...I hope❣

The investors should lead by example and give up everything made from and ran on fossil fuels.

That should have been done 15-20 years ago. It's too late to play nice with corporations, whose only objective is profit, and screw everything and everyone else. They need to be told what to do, or shut them down.

الترجمه/بالعربيه ها هي الخطة: اختر 100 شركة ذات طبيعة عمل يثقل كاهلها. بعد ذلك ، قدم المشورة بشأن كيفية تخفيف تأثيرها ومراقبة تقدمها.

All pharma companies use lots of plastic and government not based on science measures in the past 2 years too. Elites jet around the world, multiply and live in large mansions. These is the list that burdens nature which you won't publish.

Isn't that the actual job of governments?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 559. in BUSİNESS

Business Business Latest News, Business Business Headlines