Jun 7, 2023
How can capital markets drive meaningful change in the fight
against climate risk? Join Paul Andrews, head of Research,
Advocacy, and Standards at CFA Institute for an insightful
discussion with our esteemed guest, Mindy Lubber, President and CEO
of Ceres, as they unpack the importance of integrating
sustainability into capital markets and the economic implications
of climate change. Mindy emphasizes the crucial connection between
climate risk and financial risk, and the role of investors in
mitigating such risks by engaging with companies to adopt emissions
reduction goals. Together, they highlight the four pillars of
success — investors, the investment community, corporates, and
governments — and the significance of unifying these forces for a
sustainable future.
(0:00:42) - Climate Risk Is Financial Risk (11 Minutes)
We discuss the importance of understanding that climate risk is
financial risk and why a systems approach is needed to address it.
We explore how companies must recognize the economic implications
of climate change and why investors have to mitigate risk by
engaging with companies to put in emissions reduction goals. We
also highlight the four pillars of success: investors, the
investment community, corporates, and governments and authorities,
and the importance of bringing these together in a more forceful
way.
(0:10:48) - Systems Change for Financial Rules (2 Minutes)
We tackle the challenges of creating systems change necessary to
address climate risk and its financial implications. We emphasize
the need for equitable and consistent regulations across the entire
economy, and how the Ceres Accelerator for Capital Market Systems
is striving to create lasting, positive change. We also examine the
role of financial players, analysts and others in constructing a
more sustainable future.