It is widely recognised that today's financial system does not actively reward long-term thinking. Often, it can actually work against efforts to build a sustainable economy.Our work convening leadership groups across the financial system is an essential addition to CISL’s broader research and education programme on sustainable finance. We work long term with over 50 financial institutions from across five continents. With support from academics and expert practitioners, we develop solutions to challenges firms cannot tackle alone and impact both policy and market practice.Across our leadership groups in insurance, banking and investment, we have developed particular expertise in three key areas of sustainable finance: |
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Risk and resilienceEmbedding resilience to environmental risk in routine financing decisions. |
Positive impactEnabling investors to achieve positive impact against the Sustainable Development Goals. |
Digital financeHarnessing the digital revolution to direct capital to sustainable business models. |
Sustainable finance leadership groups |
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ClimateWise (global insurance)ClimateWise comprises 26 leading insurers, reinsurers, brokers and industry service providers who share a commitment to reducing the impact of climate change on society, as well as the insurance industry. |
Banking Environment InitiativeSome of the world’s largest banks working to lead their industry in directing capital towards environmentally and socially sustainable economic development. |
Investment Leaders GroupLeading investment managers and asset owners with over US $5 trillion under management working to help shift the investment chain towards responsible, long-term value creation. |
Latest news and thought leadership
Navigating the Transition: Modelling the materiality of transition risk for infrastructure investment portfolios
The ClimateWise Insurance Advisory Council is launching an open-source framework to support investors and regulators assess how the transition to a low carbon economy will impact the financial performance of infrastructure investments. The framework and accompanying step-by-step guide align with the G20 Financial Stability Board’s Task Force on Climate-related Financial Disclosures (TCFD) and inform practical actions – for asset managers, owners and regulators – on capturing emerging opportunities from the low carbon transition.
G20 approaches to implementing the recommendations of the Task Force on Climate-related Financial Disclosures
May 2018 – This report; Sailing from different harbours: G20 approaches to implementing the recommendations of the Task Force on Climate-related Financial Disclosures, reviews the progress made by the national regulatory agencies of G20 members in making the TCFD recommendations relevant to their national contexts. It considers actions taken by the national (and international in the case of the EU) regulatory authorities in underlining the relevance, and taking steps towards potential implementation, of the TCFD recommendations.
Rewiring the Economy: Ten tasks, ten years
July 2015, Updated November 2017 – Rewiring the Economy is CISL’s ten-year plan to lay the foundations for a sustainable economy. It is built on ten interconnected tasks, delivered by leaders across business, government and finance. Rewiring shows how these tasks can be tackled co-operatively to build an economy that encourages sustainable business practices, delivering the social and environmental progress demanded by the UN Sustainable Development Goals (SDGs).
Insurable Cities: The ClimateWise Principles Independent Review 2017
November 2017 – The ClimateWise Principles Independent Review 2017 of the six ClimateWise Principles finds a third year of improved scores for members of the insurance industry leadership group. On its 10th anniversary the report finds the industry has improved its investment activities but members should look to further integrate climate change related initiatives into their core business strategies and look to increase board-level oversight on climate change and sustainability.
Catalysing Fintech for Sustainability: Lessons from multi-sector innovation
October 2017 – This report presents recommendations on how to design collaboration between multinationals, financial institutions and start-ups in order to better harness fintech to help solve sustainability challenges in the real economy.