Just in time for the weekend, here’s our weekly recap with the headlines that grabbed our attention 👀
💸 A new study in Nature this week reveals that we’ve already lost 19% of global income over the next 26 years due to climate change impacts, regardless of action taken. The study further affirms the economic logic of proactive risk mitigation (hint: far cheaper than facing the consequences).
🆕 This week, an update from the Stockholm Resilience Centre launched a new Earth System Impact (ESI) tool, with 15 context-based sustainability indicators in the nexus of climate change, land use and water. With the tool, the researchers hope to provide investors with more relevant, systems-based measures for assessing company impacts, beyond conventional and risk-based ESG metrics.
🗣 A new KPMG survey published this week finds that 55% of CEOs from 100 large U.S. companies anticipate substantial returns from sustainability efforts within 3-5 years while ranking execution of ESG initiatives as their top operational priority, above inflation-proofing and digitization.
👀 Finally, we found a neat tool to help investors and businesses keep an eye on how the CSRD is transposed into national law within their specific EU jurisdictions (link in article).
Read the full recap here