Ideas
This is a methodological document aimed at clarifying how Mirova takes into account sustainable development issues in the framework of the environmental, social and governance analysis in light of the COVID-19 pandemic.
At a time when most of the historical players in the energy sector are often moving forward with a forced march towards the environmental transition, some are establishing themselves as the new leaders in the energy sector, bearers of solutions to the climate challenge. This is the case of the Danish Orsted, which is to the green transition what unicorns are to tech1.
Check out Mirova Sustainable Equities Team's 2021 Year-End Review & Outlook
Forests cover almost a third of world land surface, on a decreasing trend as reforestation notably in the West and in Asia does not compensate local deforestation, in South America and Africa. But the rationale for forest expansion is strong, and developing wood-based productions can contribute to meeting some global challenges in various ways. In this context, properly designed and well managed forest plantations should be considered in impact-oriented investment universes, to support the development of a sustainable economy.
Understanding the markets, Investing, Engaging in dialogues, Measuring Impact... Read the new issue of Mirovα: Creating Sustainable Value
As sustainable investment is confirmed both as a crucial need and a growing trend, climate and ESG1 corporate disclosures remain on top of regulators and investors’ agenda. The European Union (EU) is currently revising its requirements for corporates sustainability disclosure (Corporate Sustainability Reporting Directive or CSRD). International bodies, the International Financial Reporting Standards (IFRS) and International Organization of Securities Commissions (IOSCO), are aiming for a climate disclosure “building block” to align practices at the global level. In June, the US Securities and Exchanges Commission (SEC) finalized a public consultation on corporate climate disclosures, to which Mirova responded. We share below our views that we have conveyed to the SEC and across various jurisdictions and initiatives (the EU, TCFD2…) in order to build robust, meaningful and useful frameworks for corporate climate and sustainability disclosure.
As sustainable investment is confirmed both as a crucial need and a growing trend, climate and ESG1 corporate disclosures remain on top of regulators and investors’ agenda. The European Union (EU) is currently revising its requirements for corporates sustainability disclosure (Corporate Sustainability Reporting Directive or CSRD). International bodies, the International Financial Reporting Standards (IFRS) and International Organization of Securities Commissions (IOSCO), are aiming for a climate disclosure “building block” to align practices at the global level. In June, the US Securities and Exchange Commission (SEC) finalized a public consultation on corporate climate disclosures, to which Mirova responded. We share below our convictions that we have conveyed to the SEC and across various jurisdictions and initiatives (the EU, TCFD2…) in order to build robust, meaningful and useful frameworks for corporate climate and sustainability disclosure.
Meet Gen Z, which are individuals born between 1996 and 2016, and accounting for a third of the global total population1. They never knew a world without internet and are more likely to be connected much of the time. We also believe they are more socially and environmentally aware and not afraid to voice their opinion. They are entering the workforce and are inclined to choose companies that are more aware of sustainability. We think that other generations will have to adapt to them, not the other way around, and they better do it fast and sustainably, as we feel the Gen Z disruption is in motion.
