Major companies are making new, bold commitments and doubling down on the business case for sustainability. Institutional investors are ratcheting up engagement with companies and deploying more capital toward clean energy projects. Furthermore, cities and states across the country are transforming their economies and creating jobs by embracing the low-carbon transition. Mars, Incorporated, explained the economic reasoning behind their $1 billion sustainability pledge. On COP23’s Climate Finance Day, the world’s largest asset manager, BlackRock, declared that climate risk was one of their biggest priorities -- underlining their role in helping a shareholder resolution on climate risk disclosure reach an astounding 62 percent majority vote at Exxon’s annual meeting.

Source: Forbes November 21, 2017 20:26 UTC