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Publication

Making Deforestation Due Diligence Work in Practice

July 2, 2024 - Various open-source providers make extensive data on companies' actions on deforestation available. Yet, financial institutions report that it remains challenging and resource-intensive for them to identify and mitigate deforestation risks in investment portfolios. The new practical guide responds to this challenge, as the financial sector is increasingly committed to addressing its role in deforestation, a major driver of biodiversity loss and climate change. It is ready for implementation as the guidelines are complemented by an online code repository with a (limited) open-source dataset that financial institutions can use and adapt.

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Project

Sustainable Finance and value chains in the extended Euro-Mediterranean Region

April 1, 2024 - Redirecting post-pandemic investments towards sustainable finance presents an opportunity to create new, secure, and environmentally friendly job opportunities in the Union for the Mediterranean (UfM) region. It is important to note that UfM Member States are among the most affected by climate change, yet they lack the necessary climate finance to mitigate and adapt to its impact. This funding gap is particularly pronounced in the Southern and Eastern Mediterranean States. In comparison to other parts of the world, these regions receive disproportionately low levels of public and private climate finance. 

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News

Joint Letter from Academics to the European Commission in relation to the ESRS Public Consultation

July 13, 2023 - A number of leading academics from 12 universities have signed a joint letter to the European Commission explaining why the Draft Delegated Act on the EU Sustainability Reporting Standards (ESRS) falls short of the Commission’s stated goal that the Corporate Sustainability Reporting Directive (CSRD) “modernises and strengthens the rules concerning the social and environmental information companies have to report”.  Climate & Company helped to draft and coordinate the co-signing of this letter.

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