Refinitiv’s sustainability journey is profiled in this month’s Business Chief Europe magazine
(Norwich, UK, 07/08/2019)
This month sees Refinitiv, the leading provider of environmental, social and governance (ESG) data to the finance industry, feature in Business Chief Europe magazine.
Luke Manning, Head of Sustainability and Strategic Initiatives, tells us about sustainable finance and the ways Refinitiv is helping its customers achieve sustainable outcomes.
“Sustainable finance is shifting funding to investments that take more than just financial considerations into account – investments which put a value on ESG factors,” says Manning. “If a customer is looking to invest in these sustainable initiatives, we provide the transparent data and analysis to allow comparability. This is fundamental in reorienting capital to sustainable investments.”
Aside from helping those outside the company invest sustainably, the company has also set concrete targets for itself. “We’re going to be carbon neutral by 2020,” says Manning. “We’re going to be 100% powered by renewable energy by in the same timeframe, and we’re going to reduce our own carbon emissions by, on average, 10% every year for the next five years. We have to hold ourselves to account; we have to put a marker in the ground that says ‘that's what we’re aiming for and this is why we’re aiming for it’.”
Such a focus on sustainability has filtered throughout the company, and even plays a role in attracting talent. “It’s a given that sustainability is the right thing to do, and that’s what people are demanding now,” says Manning.
Read more in the magazine.