Driving transformational change
Our strategy seeks to mobilise investors and businesses to maintain the systems on which we depend. To do that we must address the key risks to those systems – climate change, nature loss and inequality – at their root cause.
The world is not on track to meet societal needs like the Paris Agreement or the Sustainable Development Goals. While finance alone cannot do this, stewards of capital must play a leading role to limit warming to 1.5 degrees, reverse nature-loss and end inequality. Urgent action is needed to transform the economic system to one that is set up to achieve these targets.
Our flagship work on fiduciary duties presents the mechanisms for investors and businesses to take action. ‘A Legal Framework for Impact’, the groundbreaking report written by Freshfields Bruckhaus Deringer, concludes that all investors must consider sustainability factors, including impact, and many will be required to take action on these factors through asset allocation, stewardship and policy advocacy.
Anchored by the need to protect climate, nature and people, we will use these factors to shape our activities in order to get investors and business to act, while ensuring we continue to build the capacity of the sustainable finance movement.