With consensus emerging among investors that a company's non-financial or so-called "sustainability" performance is indicative of its overall financial health, attention has turned to ways to make the form and substance of sustainability disclosures more consistent.
As the global leaders' conference in Davos reminds us, the global economy is starting to pivot around the urgent necessity to limit global warming well below two degrees Celsius. This new reality will ultimately make climate-smart investment strategies a prerequisite: taking on a "wait-and-see" approach will invite real danger into portfolios as risks grow and become tougher to mitigate.
ICT companies all over the world have embarked on a 21st century clean power crusade to match their business goals and sustainability pledges with cost-effective renewable energy. With more and more companies spreading out operations beyond national borders, renewable energy certificates (RECs) can offer a lucrative means to report performance, mitigate business risks and align the wider implementation of renewable energy with strategic business objectives.