Brittle and Contagious: From SVB to Climate Risk

Brittle and Contagious: From SVB to Climate Risk

For the past week, the main headline has been Silicon Valley Bank (SVB). It went from highflyer to FDIC takeover in just a week. While there will be inquiries and post mortems that bring more details to light, two key takeaways have emerged: Resiliency is valuable and...
Not Just Another Trade Tax, CBAM Has Global Impact

Not Just Another Trade Tax, CBAM Has Global Impact

“For the first time, we are going to ensure fair treatment between our companies, which pay a carbon price in Europe, and their foreign competitors, which do not. This is a major step that will allow us to do more for the climate while protecting our companies and our...
Shining the Bright Light on Net Zero Plans

Shining the Bright Light on Net Zero Plans

Last week, the Net Zero Assets Ownership Alliance (NZAOA) issued new standards for Net Zero. These standards have real teeth, as NZAOA members represent $11 trillion in assets under management. The new standard calls for two changes when reporting Net Zero targets:...