Tag: University of Cambridge Institute for Sustainability Leadership (CISL)

ClimateWise Principles Review 2022 indicates steady progress and highlights need for insurers, reinsurers and brokers to become long-term partners to the real economy

Stuart Mitchell

The ClimateWise Principles Independent Review 2022 shows member insurance industry firms have made progress in disclosing their preparedness and response to climate change.    ClimateWise, convened by the University of Cambridge Institute for Sustainability Leadership (CISL) is in its fourteenth year of reporting against the ClimateWise Principles, which has been aligned with the Taskforce on Climate-related Financial Disclosures (TCFD) recommendations since 2019. The report indicates ClimateWise has built momentum across financial services by increasing its membership and securing a year-on-year rise in average member scores.   Nina Seega, Director of Sustainable Finance, CISL said:…

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CISL report reveals how banks and corporations can better support SMEs on the path to net zero

Stuart Mitchell

A new report by the Cambridge Institute for Sustainability Leadership (CISL), ​Business for Social Responsibility (BSR), the We Mean Business Coalition and the SME Climate Hub highlights the role of commercial banks and multi-national corporations in helping small and medium sized businesses (SMEs) reach net zero.   SMEs account for 99 per cent of businesses globally and, in the OECD region, are responsible for more than half of industrial emissions. But the majority of SMEs don’t have the right skills, knowledge, or resources to reduce their carbon emissions. There is…

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EU Commissioner for Economy welcomes game-changing Index for Competitive Sustainability

Stuart Mitchell

The publication of the first edition of the Competitive Sustainability Index (CSI) was welcomed in Brussels by Paolo Gentiloni, European Commissioner for the Economy, as a ground-breaking new approach to measuring the EU’s competitive sustainability performance, the EU’s strategy for global leadership in the sustainability transition.  Developed by the University of Cambridge Institute for Sustainability Leadership, Breakthrough Energy and Cambridge Econometrics, the Competitive Sustainability Index is the first index to develop metrics to measure competitiveness in the context of the transition to a smart, green, climate neutral economy, addressing immediate needs…

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CISL’s new green startup hub welcomes electric motor innovator as first business

Stuart Mitchell

Cambridge Institute for Sustainability Leadership (CISL) announces green startup Monumo as the first official member of its newly launched Canopy business hub. Monumo is an electromagnetic engineering company setting out to reinvent the electric motor.   Electric motors are an increasingly vital technology in today’s world, using roughly 50% of the world’s energy. They pump domestic water, power transport and keep household appliances, like washing machines, running. But there is an environmental cost. Most electric motors are made with rare earth permanent magnets, producing a huge amount of carbon emissions and toxic…

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New poll indicates strong business appetite for net zero regulation

Stuart Mitchell

An overwhelming majority of business leaders surveyed in seven major economies agree government policies are necessary to deliver the net zero transition.   A new YouGov poll commissioned by the University of Cambridge institute for Sustainability Leadership (CISL) finds eight in 10 leaders of large businesses across five continents say they believe regulation is needed for their net zero ambitions and for economy-wide decarbonisation.   In the wake of this year’s IPCC mitigation report which suggested progress in policies, regulations and market mechanisms could be scaled up and applied widely to produce…

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