Business Climate Finance

?? Unlock ESG Integration in Your 401(k) Plans ?? Explore our op-ed, co-authored by Yejide Olutosin, MBA, and Jenna Anita Nicholas of Impact Experience, featured by 401(k) Specialist Magazine. We delve into this pivotal moment, offering actionable guidance for corporate sustainability officers eager to infuse a consideration of climate factors into their 401(k) plans. ?? Empower Your Investments for Impact?? Explore ways to: ? Align Retirement Investments with Sustainability and Equity Goals. ? Foster a Climate-Friendly Financial Future. ? Harmonize Corporate Values with Investment Strategies. Our op-ed isn't just commentary—it's a blueprint for transformative change. It goes beyond discussing the significance of this moment; it seamlessly aligns with our recent Business Climate Finance legal opinion letter. This letter outlines the path for integrating climate considerations into employer-sponsored retirement plans. Together, we tap into the potential of climate-conscious retirement planning — an often overlooked tool for a sustainable future! Join us in turning insights into action! ?????? #ESGIntegration #Sustainability #401kPlans #LegalOpinionLetter #ClimateAction #BlueprintForChange #OpinionEditorial

?? Celebrating Two Years of Impact at Business Climate Finance! ?? During Climate Week NYC, we marked the 2nd anniversary of the Impact Experience Business Climate Finance Initiative. It was heartwarming to reconnect with attendees from last year and welcome new participants committed to aligning corporate finance with climate equity. Over the past two years, we’ve been working hard to partner with companies to: Mobilize Capital: Redirect funds toward climate-friendly financial institutions supporting BIPOC-led renewable energy initiatives. Assess Emissions: Help companies assess and begin to mitigate Scope 3, Category 15 emissions linked to their financial activities. Guide Corporate Action: Developed and shared a legal opinion letter to help companies incorporate ESG factors into their retirement plans and align with sustainable finance practices. A special thank you to Dream.Org and Morrison Foerster for their incredible support in making this year’s celebration and convening possible. We’re so grateful for your partnership and dedication to advancing climate equity! We thank all partners and participants who have contributed to this journey. Together, we are building a more equitable and sustainable financial system. To learn more about our initiatives and how you can get involved, visit: https://lnkd.in/ev2Uj8Sp Jenna Anita Nicholas, Janos Marton, Jacquelyn Omosunbo Omotalade 羚 . 歐瑪塔雷德, Mira Mason-Reader, Miguel Angel Martinez Jr, Jason E. Dodier, Michael Madonia, Sabrina S., Wendy Joy Oliver, Randall Kempner, Nick Gardner, Anastasia Zhdanovich, Yejide Olutosin, MBA, Zhilin X.?and many others!

?? Registration closes Wednesday, September 18th! ?? ?? Join Us at the Business Climate Finance NY Climate Week Networking Mixer on Monday, September 23, from 2:00-4:00 pm EST! ?? Celebrate our 2nd anniversary during NY Climate Week! This exclusive in-person event, hosted by Impact Experience’s BCF initiative team, is your chance to connect with leaders in sustainable finance and explore ways to shift capital toward a sustainable future. We're also launching a fundraiser to support our mission. Contributions are encouraged but not mandatory when you RSVP. Hors d'oeuvres will be served. ???? ?? RSVP by September 18: https://lu.ma/5gzx2gpe ???? Donate Here: https://lnkd.in/edUBgQCZ ?? Don’t miss the opportunity to network, collaborate, spark new ideas for a greener tomorrow, and contribute to a more equitable, sustainable future! ???? #NYClimateWeek2024 #SustainableFinance #Fundraiser

?? Join Us at the Business Climate Finance NY Climate Week Networking Mixer on Monday, September 23, from 2:00-4:00 pm EST! ?? Celebrate our 2nd anniversary with us during NY Climate Week! This exclusive in-person event, hosted by Impact Experience's BCF initiative, is your chance to engage with sustainable finance leaders and explore how we can shift capital toward a sustainable future. We're launching a fundraiser to support our mission as part of the celebration. While contributions are not mandatory, we encourage you to consider donating when you RSVP. Hors d'oeuvres will be served. ???? ?? RSVP here: https://lu.ma/5gzx2gpe ???? Consider donating here: https://lnkd.in/edUBgQCZ Come network, collaborate, spark new ideas for a greener tomorrow, and consider contributing to our mission of a more equitable, sustainable future! ?? #NYClimateWeek2024 #SustainableFinance #Fundraiser

?? Join Us at the Business Climate Finance NY Climate Week Networking Mixer on Monday, September 23, from 2:00-4:00 pm EST! ?? Hosted by Impact Experience's Business Climate Finance Initiative team during NY Climate Week, this exclusive in-person event is your opportunity to dive deep into the world of sustainable finance. ?? Engage in insightful conversations, explore forward-looking financial strategies, and connect with like-minded professionals. ?? Together, let's uncover the pivotal role of green finance in shaping a sustainable future. This year, as we celebrate our 2nd anniversary, we're also launching a fundraiser to support our mission of shifting capital away from extractive industries and toward sustainable enterprises. While contributions are not mandatory, we would like to encourage you to consider donating as you RSVP to help us further our impact. Hors d'oeuvres will be served. ???? ?? RSVP here: https://lu.ma/5gzx2gpe ????Consider donating here: https://lnkd.in/edUBgQCZ RSVP today, and if you can, help us reach our fundraising goal! Stay tuned for more updates. ?? #NYClimateWeek2024 #SustainableFinance #Fundraiser

?? Unlock the Power of Finance for Social Change! ?? The Impact Experience team is thrilled to announce our upcoming event! Join us for the virtual convening, "Leveraging Finance to Enhance Movement Organizing Impact," a transformative 1.5-day online engagement. Explore how financial tools can support or hinder social movements such as racial equity, fossil fuel divestment, sustainable agriculture, and health equity. Gain powerful insights from leading movement-building organizations across the U.S., participate in dynamic group discussions, and discover actionable strategies to amplify activist efforts through innovative financial systems. ?? Date: October 7-8, 2024 ?? Format: Online ?? For more info, email us at [email protected] #FinanceForChange #SocialImpact #MovementBuilding

???? Hot off the press: Our Q2 2024 BCF Newsletter is here, just in time for mid-year strategy reviews! As businesses reassess their climate commitments halfway through the year, we highlight: 1. Vermont's new Climate Superfund Law 2. A powerful tool that tracks $4.3T in fossil fuel investments 3. Our BCF team helps firms accelerate climate action and advance equity Align your firm's financial strategies with sustainability goals. Download our timely newsletter now to stay ahead of the curve. #SustainableFinance #MidYearStrategy #ClimateEquity

Excited to see Impact Experience Business Climate Finance’s collaboration with the Climate Finance Fund (CFF) featured in their 2018-2023 strategy evaluation! ???? We co-hosted the "Business for Climate Finance Retirement Plan Report Launch" during Climate Week NYC 2022 alongside CFA Institute and Mercer. This groundbreaking report, accessible on the BCF website, quantified the link between U.S. employer-sponsored retirement plans and greenhouse gas emissions. CFF's support, led by Marilyn Waite, has catalyzed systemic change in climate finance, mobilized diverse groups, and decarbonized capital across three continents. ?? We're actively seeking forward-thinking partners to join us in expanding this critical work. If your organization is passionate about driving sustainable finance and climate action, we'd love to explore collaboration opportunities. Visit https://lnkd.in/ev2Uj8Sp to learn more! #ClimateFinance #ESG #Collaboration

?? Corporate Climate Action: The 401(k) Blind Spot ?? Did you know that over $2 billion is invested in fossil fuels in Google employees' 401(k) plans? This highlights a critical gap in corporate climate strategies. Key takeaways from the attached op-ed: 1. American workers own 1/5 of U.S. fossil fuel stocks through 401(k)s 2. Climate-safe investing is crucial for achieving net-zero goals 3. Fossil-free retirement plans can boost financial returns and align with company values ?? Opportunity: Companies can lead by offering fossil-free 401(k) options, supporting climate commitments and employee financial well-being. Is your company's retirement plan undermining its sustainability efforts? The Business Climate Finance team can help align your financial strategies with your climate goals. #Sustainability #ClimateFinance #NetZero?

Tackling the Climate Data Challenges toward More Sustainable Finance A new CFA Institute report highlights the significant obstacles in obtaining reliable climate-related data for investment analysis. Nearly half of the members surveyed cited poor corporate disclosures as a major barrier. Why This Matters: Investors need accurate, comprehensive climate data to assess risks and opportunities effectively. Without reliable data, making informed decisions to support the transition to a low-carbon economy is challenging. This impacts investment returns and global efforts to mitigate climate change. Key Data Challenges: Company-Level Issues: Limited resources for quality emissions data. Third-Party Providers: Inconsistent calculations and methodologies. ESG Ratings: Often fail to capture decarbonization efforts. Scope 3 (Financed) Emissions: Most emissions for many industries require complex estimations. While it is the most significant part of financial firms' carbon footprint, it is difficult to measure. Regulatory Efforts: While regulations such as the International Financial Reporting Standards (IFRS 9 ) aim to standardize disclosures, comparability issues may persist due to varying definitions and requirements. Our Role: Impact Experience's Business Climate Finance initiative advocates for measuring and disclosing emissions from finance, enhancing data quality to support smarter corporate climate finance strategies. Collaborate with us to improve data integrity and align financial decisions with positive climate impacts - delivering returns and emissions reductions. #ClimateRisk #ESG #Finance