Sustainability in 2024: From net zero to a more holistic approach
- 09 February 2024 (10 min read)
Key points:
- 2024 will be an extraordinary year politically, with more than 60 countries going to the polls – this will likely affect the course of sustainable finance, including potential polarisation around key ESG issues and climate policies
- Irrespective of the political context, the transition must still be the key focus, echoing COP28 in its call to support the shifting of the whole ecosystem
- Ecosystem vulnerability and biodiversity losses are set to rise up investors’ agendas, more specifically water stress, waste and pollution while the food sector will see increased scrutiny
- Engagement wise, 2024 should mark a turning point in the field of climate while social and more specifically human and workers’ rights should continue to gain attention, driven by a generally tense social backdrop and ramifications of transition plans
- Responsible investment is likely to broaden its lens, shifting from a net zero focus to a more holistic perspective of sustainability
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