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UN: here is the environmental impact of finance

The United Nations and leading investment firms urge the financial sector to pay greater attention to the transparency of data on greenhouse gas emissions - The requirements are based on the report "Investor Briefing - Measuring and Disclosing the Carbon Intensity of Investments and Investment Portfolios".

UN: here is the environmental impact of finance

The Financial Partnership of the UN Environment Program (UNEP FI, ​​United Nation Environment Program Finance Initiative) presents "Investor Briefing - Measuring and Disclosing the Carbon Intensity of Investments and Investment Portfolios", a publication that explains how and why institutional investors should start to measure, report and reduce the impact of implicit greenhouse gases in investment portfolios.

The report describes how investors can better understand their reputational and regulatory risk by measuring and reporting the carbon intensity of their investments, anticipating the growing climate change regulatory framework, pressures from civil society and growing consumer awareness.

“Information on the harmful emissions, performance and exposure to climate risk of thousands of companies is now publicly available. We hope that a similar level of transparency will be achieved by investors, thanks to which we will know how that information is used and if it helps to move towards a low-carbon economy” says Gianluca Manca of Eurizon Capital, as well as Co-President of UNEP FI Asset Management wg.

the report will be presented, exclusively for Italy, at the conference organized by the Forum for Sustainable Finance at the Intesa Sanpaolo headquarters in piazza Belgioso 1, Milan on 27 June 2013, from 9:30 to 12:30.
The international launch of the document will take place at a press conference at Merrill Lynch's central offices in London on 19 July 2013, from 16:00 to 19:00. The document will be downloadable from 14 pm on this date.

UNEP FI is a strategic global partnership between the UN Environment Program and the financial sector. Unep works with 200 institutions including banks, insurance companies and investors to understand the impact of environmental, social and governance factors on financial performance and sustainable development.

The Forum for Sustainable Finance (FFS) is a non-profit association founded in 2001 which includes both operators in the financial world and subjects directly or indirectly affected by the environmental and social effects of financial activity. The mission of the FFS is "the promotion of a culture of social responsibility in the practice of financial investments".


Attachments: United Nations Environment Program Finance Initiative

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