Read our thought leadership on evolving environmental, social and governance issues.

Where are Climate Risks and Opportunities? Everywhere.
By Julie Fox Gorte, Ph.D., Senior Vice President for Sustainable Investing | Posted June 2017

Key Takeaways:

  • The changing climate will bring both investment risks and opportunities in nearly every industry and sector.
  • Not all the risks fall on emitters, and not all the opportunities are in reducing GHG emissions. For instance, real estate companies with properties in vulnerable locations will be at an increasing risk and flood insurance will cost more, if it is available at all.
  • Since one degree of additional global warming is locked in as a result of past emissions, adaptation to-as opposed to mitigating-climate change creates a different set of risks and opportunities.
Tax Reform? Let’s Make It a Carbon Tax
By Julie Fox Gorte, Ph.D., Senior Vice President for Sustainable Investing | Posted April 2017

Key Takeaways:

  • The financial value at risk from climate change is in the trillions of dollars.
  • Our national and global economies are ready for a low-carbon future—all we need is the incentive to invest in one that a carbon tax provides.
  • A carbon tax will send a signal to markets that the way we produce energy now is putting our economies and societies at ever-increasing peril.
The Value of ESG Information in Financial Markets
By Julie Fox Gorte, Ph.D., Senior Vice President for Sustainable Investing | Posted March 2017

Key Takeaways:

  • Financial markets need information in order to work efficiently.
  • Financial analysts can do a demonstrably better job when they have information on sustainability.
  • Requiring sustainability disclosures from companies as a listing standard would help investors, companies, and financial markets—and help reinforce the foundations of civil society.
Making a Positive Impact: The State of ESG Advocacy and Engagement
By Julie Fox Gorte, Ph.D., Senior Vice President for Sustainable Investing | Posted February 2017

Key Takeaways

  • Sustainability advocacy and engagement is aimed at longterm outcomes and specifically targets ESG factors.
  • We engage with companies because we believe that improving companies’ sustainability profiles makes them better investments, and helps them perform better in the long run.
  • Shareholders can be a powerful force affecting companies’ strategies and performance – this work is making a difference.