How Wall Street Can Win On Climate In 2021

How Wall Street Can Win On Climate In 2021

Written by Ben Ratner, Senior Director, EDF+Business.

At the start of 2021, leading investors openly recognize that climate change presents a massive ... [+] systemic risk and a multi-trillion dollar opportunity. But for the vast majority of firms, the real work of implementing climate and ESG integration is ahead.



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This year, financial institutions must make a significant leap forward on climate – from pledges to progress.

Even amidst a global pandemic, 2020 proved that climate finance and ESG are more than passing fads, with net-zero financed emissions commitments from Morgan Stanley, JP Morgan, and a group of 30 international asset managers – Net Zero Asset Management Initiative – with $9 trillion in assets under management.

At the start of 2021, leading investors openly recognize that climate change presents a massive systemic risk and a multi-trillion dollar opportunity. But for the vast majority of firms, the real work of implementing climate and ESG integration is ahead.



With increasing public, government, and shareholder attention on climate, here are three ways that sustainable finance leaders will emerge in 2021.

1. Integrate climate into core business

A 2050 net zero vision may be