Emerging Trends 06.28.21
How policymakers and the financial services industry can help the sustainable finance market to scale
Source: Pillsbury & The Economist Intelligence Unit
Further cementing its place as a true thought leader in the ongoing global energy transition, Pillsbury has published a new research report, written by The Economist Intelligence Unit (EIU), entitled, “Financing a More Sustainable Future: How policymakers and the financial services industry can help the sustainable finance market to scale.”
The 30-page report serves to illuminate the much-buzzed-about but often misunderstood topic of sustainable finance, which has proven an attractive avenue of investment for environment-and climate-conscious corporations and financial institutions. Prepared by a team of EIU researchers, writers and editors, the publication provides an extensive examination of the ongoing transition to a low-carbon future and sustainable finance’s role in it, with first-hand input from well-known subject matter experts including Amy Domini (Founder and Chair, Domini Impact Investments), Mindy Lubber (CEO and President, Ceres), Nathan Fabian (Chief Responsible Investment Officer, UN Principles for Responsible Investment), Neil Brown (Senior Fellow at the Atlantic Council Global Energy Center) and Sean Kidney (Co-founder and CEO, Climate Bond Initiative). It also includes direct insights from Pillsbury on topics such as sustainability-linked debt products and environmental, social & governance (ESG) best practices in the boardroom.
“Sustainable finance has quickly shifted from a trendy topic worthy of discussion to one requiring meaningful action for responsible investing, financing and corporate strategies” said Pillsbury partner and Sustainable Finance co-leader Mona Dajani. “We believe this report can be a helpful tool to business leaders in all industries who wish to understand the rapidly evolving regulatory and financial framework that governs sustainable finance and want to seize the vast opportunity this emerging area presents.”
Partner Sheila Harvey, who co-leads the firm’s Sustainable Finance practice, added: “Importantly, it is not just businesses and investors who have established sustainable finance as important to the success of the global economy. World governments are increasingly turning their attention to regulating and incentivizing more environmentally responsible decision-making and disclosures from the private sector, and Pillsbury is well-positioned to help companies navigate these complexities as they develop.”
Key findings from the report include:
To read the full report, click here.
Pillsbury’s Sustainable Finance and ESG practices are devoted to helping clients around the world find sustainable, cost-effective solutions as they contemplate lending, business and investment decisions. A multidisciplinary team of firm attorneys works seamlessly across practices and time zones to leverage their extensive knowledge of renewable energy, private equity, trade, regulatory, litigation, environmental, tax, investment funds, capital markets and intellectual property law and provide clients with comprehensive guidance on the full spectrum of sustainable finance matters.