Gore still hopeful about climate change
Former US vice-president Al Gore described the worsening effects of climate change but found hope in the efforts of many governments and the increasing prominence of renewables in the economy.
Speaking at the PRI in Person in Paris in a panel to highlight the role of finance in addressing social issues, Ghanaian James Kofi Annan, sold into slavery at the age of six, told his story.
Former US vice-president Al Gore described the worsening effects of climate change but found hope in the efforts of many governments and the increasing prominence of renewables in the economy.
As the 2018 PRI in Person conference begins, the prospect of recovering fossil fuel prices adds urgency to the organisation’s efforts to expand – and to keep current members on task.
GPIF’s Hiro Mizuno and AP2’s Eva Halvarsson stressed the importance of combating short-termism at every level of the investment chain and throughout the organisation, to forge sustainability.
Positive corporate engagements increase return on investment but also help improve communication, learning and organisational politics, two studies the PRI commissioned have found.
Mission 2020 convenor Christiana Figueres challenged PRI signatories to invest 1 per cent of assets in clean technology and renewable energy by 2020, saying the world is nearly out of time.
How workers are treated is a key indicator of the quality of a company, and investors should use this information to help assess a company’s investability, CalPERS trustee Priya Mathur has said.
PRI in Person