The sky is not the limit!
Responsible ESG strategy conversation.
Do not view this conversation as providing advise of any kind. (See the footer for further details).
Investors are increasingly interested in discussing how environmental, social and governance (ESG) strategies can be implemented into their portfolios. Available data indicates that investors across age ranges and income levels are showing greater interest in ESG investing.
ESG strategies are increasing on a global scale but some of the factors that may have discouraged clients from pursuing ESG investing are lack of knowledge, difficulty evaluating ESG performance, limited investment opportunities and troubles researching ESG investmet problems that advisors may be best equipped to address.
An April 2019 survey by InvestmentNews, sponsored by Calvert, revealed that only 21% of financial advisors were proactive in initiating ESG conversations, but 42% of investors surveyed preferred to work with an advisor for guidance on ESG investments.
Recent literature research suggests that, in addition to questions about the clients financial goals and risk tolerance, financial advisors are discussing if ESG issues are important to clients, and how they would like to factor key issues like climate change, data security or fossil fuels into their investing decisions.
SEC Officials clarify the Commission’s stance on ESG Investing and the role of disclosure.
Disclosure framework. Debate about the SEC role in overseeing fund managers’ ESG practices spotlights divisions as to whether the SEC can – or should – implement an ESG disclosure framework. Some in the SEC argue that mandated ESG disclosure requirements are inappropriate. but recognize that the SEC shoud increase its role for ESG in corporate governance efforts, including:1. Mandatory climate risk disclosure rules and 2. Directors’ duties to consider ESG factors. (Reference: “SEC Officials Clarify the Commission’s Stance on ESG Investing and the Role of Disclosure” (Oct. 15, 2020); and “Understanding the Wells Process: SEC Enforcement Staff Views of the Process (Part Two of Three)” (Jun. 20, 2019). The SEC is playing catch up because the environment, social and governance (ESG) sector is expanding. Environment, social and governance (ESG) corporate governance framework is a divisive topic within the private funds industry, because there is no consensus on its scope or how ESG factors should be measured. ESG issues have become more prominent, creating increased pressure on governments, corporations and individuals to respond. The ESG sector is rapidly becoming one of the most heavily politicized contexts in which that one of the occurred, which has put the SEC in a difficult position. The result has been a series of public remarks in which the Republican- and Democrat-appointed SEC commissioners – in their personal capacities, rather than on the SEC’s behalf – have asserted very different stances on what role the SEC should take in prescribing ESG measures. To understand some of the tension around ESG within the SEC and gauge where future regulations may land, requires the evaluation of the the topic points and counterpoints revealed in recent speeches by the SEC commissioners. Climate risk disclosure.The SEC wants ESG factors to play a larger role in corporate governance efforts, including mandatory climate risk disclosure rules and directors’ decision-making practices. The SEC is not advocating for prescriptive ESG regulations, believing it to be inappropriate. (See “SEC Officials Clarify the Commission’s Stance on ESG Investing and the Role of Disclosure” (Oct. 15, 2020).
Why ESG is seen as part of the investment decision.
ESG is part of the aircraft investment decision that helps enhance risk-adjusted returns, regardless of whether or not a strategy has a sustainable mandate. There is no one-size-fits-all strategy. ESG offers stakeholders conduct scientific research and gain insight insights made available without pre-conditions, to identify potential process enhancements across all investment activities.
Two words can mean the same thing in different time, at separate occasions and different circumstances. Community is associated with “people living their lives in some common or shared way” (Peterman, 2000: 20). We may belong to communities not only of place but also of people sharing the same way of life. Community can then be created by daily contact with neighbors. Neighborhood is associated with specific geography. A variety of neighborhood make up the community we live in.
The UN "Climate Neutral Now" initiative.
The Climate Neutral Now Initiative is one launched by the UNFCCC secretariat to increase climate action by engaging non-Party stakeholders (sub-national governments, companies, organizations, individuals). It was launched in 2015 based on a mandate to promote the voluntary use of carbon market mechanisms recognized under the Convention.
It has evolved to become a much wider tool for awareness-raising, capacity building, partnership development, promoting and facilitating the estimation of carbon footprints, the reduction of those footprints, and voluntary compensation (offsetting).
The Climate Neutral Now Initiative encourages and supports organizations and other interested stakeholders to act now in order to achieve a climate neutral world by 2050 as enshrined in the Paris Agreement. The initiative is NOT a certification scheme for its participants. It is a tool to promote additional voluntary action on climate, and to provide recognition for it. Claims of carbon neutrality, net zero or similar are out of the scope of Climate Neutral Now, even when participation in the initiative can help stakeholders advance in their path to achieve those certifications through suitable standards and processes.
An organization can become a participant by signing the Climate Neutral Now Pledge, following the three steps (Measure, Reduce, Contribute) and reporting on its actions and achievements annually. ext and edit me.
It has evolved to become a much wider tool for awareness-raising, capacity building, partnership development, promoting and facilitating the estimation of carbon footprints, the reduction of those footprints, and voluntary compensation (offsetting).
The Climate Neutral Now Initiative encourages and supports organizations and other interested stakeholders to act now in order to achieve a climate neutral world by 2050 as enshrined in the Paris Agreement. The initiative is NOT a certification scheme for its participants. It is a tool to promote additional voluntary action on climate, and to provide recognition for it. Claims of carbon neutrality, net zero or similar are out of the scope of Climate Neutral Now, even when participation in the initiative can help stakeholders advance in their path to achieve those certifications through suitable standards and processes.
An organization can become a participant by signing the Climate Neutral Now Pledge, following the three steps (Measure, Reduce, Contribute) and reporting on its actions and achievements annually. ext and edit me.
Aviation companies are developing sustainable aviation technologies and practices .
Art Installation - Eitlean Ealair.
The transition from aircraft to art through the circular economic ethos of supporting the community by responsible reuse, remake, rebuilt, repurpose and renew. The installation is to be built with four B737 Classics set in a square, with interiors set up for work spaces, art studios and exhibition areas.
The project is intended for use by underprivilaged, young artists. It includes many features including: air conditioning, electrical, service doors, potable water, lavatory services and catering.
Eric Duhan, the artist who designed the "Plane Project," has exibited his work in Brazil, France, Ireland, Germany, Sri Lanka, Spain and the USA. "My purpose is to create an environment in which underprivilaged, young artists, can have a place of residence, a space to work in and a forum to create, design, perform, present, and exhibit", said Eric Duhan, speaking recently at an exhibition of his work in Spain. For interviews and photos please contact Patrick Harris, CEO Shannon Aero - +1 561-702 7849.
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Aerospace is one of the largest sectors in the global economy. The industry leaders are committed to giving back to their communities. They encourage other stakeholders to follow their leadership. The Shannon Aero commitment is presented in the annamation below. Shannon Aero has commited to provide four aircraft from its portfolio to form the framework of the installation.
Its a growing trend. Aviation companies are developing sustainable technologies and practices with ESG in mind.
The Sustainability Employee Action Group was formed in 2021, at aircraft engine manufacturer, Pratt & Whitney by people who work for the company. The project is part of Pratt & Whitney’s drive to develop sustainable aviation technologies and practices. Promoting the company’s efforts to protect the environment, as well as its commitment to health and safety, helps bolster Pratt & Whitney’s reputation as an employer of choice in every field.The group’s volunteers teach coworkers and local communities about the business’ commitment to sustainable operations and works to show that it is an industry leader in environmental stewardship. Members hold virtual lunch-and-learn sessions on sustainability and host experts from within the business to discuss topics like synthetic aviation fuels and hybrid electric engines.The group will also represent the company at various colleges and universities, participating in forums about sustainability and connecting with students who may be considering a Pratt & Whitney career – or, even better, those who aren’t. The group sends a message to prospective employees that Pratt & Whitney is putting its commitment into practice and that it is integrated into the work.Sustainability Employee Action Group members also have joined volunteer efforts, like a recent trash cleanup along the Connecticut River called Source to Sea, sponsored by the Connecticut River Conservancy. Pratt & Whitney volunteers recently used their engineering expertise to design and build gazebos that capture rainwater for community gardens in Hartford. The Sustainability Employee Action Group is also aligning with the Mary Hooker Environmental Sciences Magnet School in Hartford, Connecticut, to build a similar rainwater catchment system and other infrastructure improvements.