Menu

January 30, 2023

2023, the year of impact

Author

Hélène Lanier, Managing Director

Downloads
Share

The 2DII team ended the year 2022 with a 2-day seminar aimed at taking stock of the activities and proposing orientations for the future.

This time of introspection and projection was a strong moment and rich in exchanges for many of us who joined 2DII recently. Discussions, reflections, group work, everything converged towards this unanimous observation: sustainable finance is in full expansion (and mutation) and our work must constantly adapt. It is collectively, and with the friendly presence of the board members, that we designed what will be the trajectory of 2DII in the next months and even in the years to come: 2023 will be the year of the impact. Indeed, we believe that impact is a key concept in the area of sustainable finance and is aligned with our values, while emphasizing the challenges and the margins of progression to be realized in 2023, be it is on the side of the financial institutions or within our activities at 2DII. The year will be placed under the sign of impact, and this, in two ways. Firstly, by promoting the consideration of this concept in a more extensive way, and secondly, by amplifying the scope of our work. 

How do we intend to achieve this? The work from the retail program will develop MyFairMoney‘s functionalities to offer new services and will deepen the research on greenwashing and the effective implementation of the new European MIFID and IDD regulations. The Climate Impact Management System (CIMS) platform will also be developed to deepen our expertise on transition plans and net-zero pathways for financial institutions. These discussions will be conducted specifically for emerging countries to develop tools adapted to the needs of these markets. The common goal of all this work will be to put impact at the center of sustainable finance thinking and to promote its appropriation. 

I also mentioned the desire to increase the impact of our work. To do so, we have decided to broaden the scope of our expertise to new subjects. Research on biodiversity or systemic changes will be conducted, always in connection with our knowledge base in climate finance. Internally, we have been strengthening all our support functions for more than six months, and it has already begun to bear fruit and has enabled us to modernize our operations, for the benefit of our team. 

All of these developments and strengthening initiatives will be presented at our 10th-anniversary celebration. This celebration will mark a decisive turning point and will also be an opportunity to reaffirm our status as a player who thinks and accompanies the transformation of the world of finance. An appointment not to be missed and for which an invitation will be sent to you in a few weeks. “To be continued…”

Author

Hélène Lanier, Managing Director

Downloads
Share

2DII today announced it is transferring stewardship of the Paris Agreement Capital Transition Assessment (PACTA) to RMI, formerly Rocky Mountain Institute. PACTA measures financial portfolios' alignment with various climate scenarios, including those consistent with the Paris Agreement. Under RMI’s stewardship, PACTA will remain a free, independent, open-source methodology and tool, and will continue to provide the financial and supervisory community with forward-looking, science-based scenario analysis to help users make climate-aligned financing decisions. RMI will invest in scaling up PACTA’s usability and applicability in day-to-day investment decisions as well as reporting requirements.

Access the full press release here: https://2degrees-investing.org/2-investing-initiative-transfers-stewardship-of-pacta-to-rmi/In the coming weeks, we will update this website with additional information. For now, please note that all contact information remains unchanged.