Chris Meyer interviewed for two Bloomberg articles
Articles discuss new IPCC report and sustainable investing
The 2021 Intergovernmental Panel on Climate Change (IPCC) report, published Aug. 9, 2021, has underscored that climate change is here and accelerating at rates higher than previously believed. The report has led some to reconsider their role in mitigating climate change, including some in the sustainable investment field.
In two recent Bloomberg articles, Alastair Marsh, Frances Schwartzkopff, and Saijel Kishan write about how the most recent IPCC report has led to reassessments by some environmental, social and governance (ESG) investors. The first article, “ESG Investors Question Their Own Methods After Grim Climate Report” discusses how leaders in the sustainable finance industry must consider a longer-term focus and new ways to measure investments. The second article, "Emerging Market ESG Risks May Be Misunderstood, Report Shows” underlines specific and increased risks that could affect emerging markets due to climate change in the coming years.
“We will need to have a sharper focus. This report shows that investors aren’t moving quickly enough,” said Chris Meyer, Praxis Manager of Stewardship Investing Research and Advocacy. “We’ve been trying to keep our strategies aligned with a 1.5 degree-scenario, but we now have to place more emphasis on speed by pressing the companies we engage with on greater shorter-term transformation.”
The articles highlight Praxis Mutual Funds® as one of the oldest socially responsible investment firms and mentions our belief in the importance of investing in sustainable and green bonds.
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