Finance Media Monitor | 8.31.23



Amid raging wildfires and coastal deluge, HSBC’s global head of ESG research fears “the externalities of sustainability issues aren’t well priced or accurately priced at the moment.” Instead of relying on ESG scores, HSBC is seeking a more comprehensive approach by integrating climate and social factors into risk assessments

When it comes to addressing these issues through the proxy process at Fortune 250 companies, investors have been less comprehensive. Support for shareholder proposals on environmental and social issues is falling. That said, many of these same companies are quietly making progress, for example, by setting climate targets, and support for “anti-esg” shareholder proposals among investors is tiny. 

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  • Steven Rothstein shared a link: Appreciate the work of @FHFA to address climate risk as financial risk in our nation’s housing stock @CeresNews. More information on our recent Scorecard  @FannieMae @FreddieMac @FHLBanksVoice. The FL hurricane is more evidence
  • Ben Cushing shared a link: NEW REPORT: Big banks including @Barclays, @Chase, @BankofAmerica & @Citi are propping up deadly coal plants across the US. 🏦🏭⚠️These banks won’t directly fund coal projects, but giant loopholes allow them to keep funding the companies operating them.


  • September 17-24: Climate Group Climate Week NYC. View list of events here
  • September 19: Sustainable Investment Forum North America. Register here
  • September 20: UN Climate Ambition Summit.
  • September 25-26: Insure Our Future Campaigning Academy ’23. Complete this form by September 11th to express interest.