The interest from the investment community in ESG disclosures is growing at a rapid pace, with no sign of slowing down. The shift is requiring more parts of the organization to be involved, with levels of transparency being asked that simply wasn’t before. What do investors expect and how do all stakeholders push ESG disclosure forward?
The airline releases its environmental social governance report to investors using Sustainability Accounting Standards Board (SASB) and Task Force on Climate-Related Disclosures (TCFD) standards
NEW YORK,May 30, 2019 /3BL Media/ – JetBlue (Nasdaq: JBLU) this week released its annual environmental social governance (ESG) report detailing the airline’s long-term emissions and climate risk management strategy, among other topics. The 2018 report is available here.
Financial players and their investors have much to gain from the shift toward greater sustainability. These investments offer a dual benefit: they lower emissions, speeding the transition to a low-carbon economy, and they can make (or save) money. People are increasingly aware of the first two pillars of sustainable investing -- risk identification and transparency. Now we need to inform them about the third: the need to drive capital toward sustainable opportunities, both at home and internationally.
An interview with Curtis Ravenel, Global Head, Sustainable Business and Finance, Bloomberg LP and SASB Foundation Board Member
Curtis Ravenel, Global Head, Sustainable Business and Finance, Bloomberg LP and SASB Foundation Board Member recently talked to SASB about Bloomberg's leadership in the space, our role in bolstering the adoption of SASB standards, the value of SASB standards in the European market, and the harmonization of SASB with the framework put forward by the FSB Task Force on Climate-related Financial Disclosures (TCFD).
First week of December dedicated to accelerating the mainstreaming of sustainable finance; Responsible Investor and SASB to host key events
NEW YORK, November 27, 2018 /3BL Media/– Bloomberg will convene the first ever Sustainable Finance Week in New York City in early December to accelerate the adoption of sustainable finance practices. Anchoring Sustainable Finance Week is the Bloomberg Global Responsible Investing Forum powered by Nuveen, an organization with over five decades of responsible investing leadership. Rounding out the week are the RI Americas 2018 conference and SASB 2018 Symposium, both sponsored by Bloomberg.
Today, NRG Energy, Inc. published its 2017 Sustainability Report. In this report, the company announces new sustainability achievements and milestones and provides, for the first time, the company’s principles on climate change.
“Sustainability needs to be more than a single target or objective. It must be a philosophy that is fully integrated into all parts of an organization - the glue that keeps all internal and external stakeholders working together towards a common goal with purpose. This is sustainability at NRG.” Mauricio Gutierrez, President and CEO, NRG Energy.
Earlier this year, JetBlue released its 2016 environmental and sustainability report, accompanied by a white paper produced according to the Sustainability Accounting Standards Board (SASB) standard for the airline industry, which covers material environmental, social and governance (ESG) information of interest to investors.