Sustainability in 2024: From net zero to a more holistic approach
- 05 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
Disclaimer
This website is published by AXA Investment Managers Australia Ltd (ABN 47 107 346 841 AFSL 273320) (“AXA IM Australia”) and is intended only for professional investors, sophisticated investors and wholesale clients as defined in the Corporations Act 2001 (Cth).
This publication is for informational purposes only and does not constitute investment research or financial analysis relating to transactions in financial instruments, nor does it constitute on the part of AXA Investment Managers or its affiliated companies an offer to buy or sell any investments, products or services, and should not be considered as solicitation or investment, legal or tax advice, a recommendation for an investment strategy or a personalized recommendation to buy or sell securities.
Market commentary on the website has been prepared for general informational purposes by the authors, who are part of AXA Investment Managers. This market commentary reflects the views of the authors, and statements in it may differ from the views of others in AXA Investment Managers.
Due to its simplification, this publication is partial and opinions, estimates and forecasts herein are subjective and subject to change without notice. There is no guarantee forecasts made will come to pass. Data, figures, declarations, analysis, predictions and other information in this publication is provided based on our state of knowledge at the time of creation of this publication. Whilst every care is taken, no representation or warranty (including liability towards third parties), express or implied, is made as to the accuracy, reliability or completeness of the information contained herein. Reliance upon information in this material is at the sole discretion of the recipient. This material does not contain sufficient information to support an investment decision.
All investment involves risk , including the loss of capital. The value of investments and the income from them can fluctuate and investors may not get back the amount originally invested.