Project
The One World Trust is concerned that the relationship between the finance community, the private sector and delivery onEnvironmental, Social and Governance goals need to be strengthened. The aim is to hold a series of 5 webinars to explore the issue and as a prelude to a possible research project.
Three webinars have been held to date, with a number of representatives from the UN, Civil Society and the Finance Sector. A list of the speakers and recordings of each Webinar are available on the Events page.
The accounting / investment community is deeply split as to how to report on environmental, social and governance issues with the new concept of double materiality (impact not only on the value of the firm, but also in the other direction – impact on society and the planet) challenging the long-established single materiality concept (impact on the value of the firm). Looking at the other end, the results as measured by the SDGs, there is still a long way to go. Performance at the halfway mark is lagging, with a particular concern regarding Climate Finance. Some of the reasons for limited success are evident, but solutions are less clear at this stage.
