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Philipp Hildebrand: An extraordinary opportunity lies ahead of us.
Alex Brazier: We're here to talk, not just about, the why but the how (of transition investing.)
Isabelle Mateos y Lago: the concept of going from shades of brown to shades of green
Title: Speed matters!
Paul Bodner: This is after all the induced change to the economy ever attempted and speed matters.
Emily Woodland: If Asia doesn’t get the transition right, the world doesn’t.
Mark McCombe: The question of the transition and how to navigate it is real for everyone.
Larry Fink: We want to have a conversation with more and more companies moving towards new technologies on decarbonization.
Title: We have to focus on innovation
Mark Wiedman: So to get to real zero. What's the number one thing that has to happen.
Francesco Starace: We have to focus on innovation. Innovation will get there.
Nicholas Chui: The investment opportunities within the public markets has only grown by leaps and bounds
Carolyn Weinberg: We believe investors cannot meaningfully reduce transition risk without navigating these core portfolio obligations.
Tom Donilon: Geopolitics has really come to the energy markets, that’s really kind of the headline.
Sandy Boss: We recognize the commitment and competence of many of these companies. They recognize that the transition is now. They understand that is important to have great plans and great action. Excellent capital expenditure plans. Business models that are dramatically changing, sometimes over multiple decades with very clear targets. That said, not every company is on that same journey
Title: We want to make solutions, and solve problems
Manuela Sperandeo: I think the shift to sustainability has really, in my mind, changed and transformed the whole indexing ecosystem.
Jane Sloan: Data is at the heart of ESG investing and we are using ESG data in many ways.
Larry Fink: We want to make solutions and solve problems. And what my commitment, if we can do that, is we are going to create more opportunities for great long-term investing.
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At our two-day Summit, BlackRock leaders, corporate executives and investors at the forefront of transition investing discussed the massive reallocation of capital, the implications of policy and geopolitics, the importance of data, and the role of innovation in driving the transition.
We are hearing a range of questions about the net zero transition and how it will unfold as the economy undergoes a profound transformation – how to hedge portfolios against physical risk and transition risk? What are the biggest investment opportunities? Which companies will thrive in the transition?
On top of physical climate risks, companies and asset owners must now grapple with the transition. The transition will reshape the global economy whether it is managed successfully or not.
The net zero journey has started but it will be uncertain and uneven. It is driving stark changes in company fundamentals and asset valuations.
Foresighted companies — including across carbon-intensive sectors — are transforming their businesses for decarbonization.
Our bottom line: The speed and shape of the transition are deeply uncertain and investors cannot ignore it.
Dow CEO Jim Fitterling talked with Mark Wiedman about how Dow is decarbonising its production processes and why circular economy can help rid our planet of plastic waste.
We need to make sure that the waste is managed properly. And one of the most effective ways to do that is to be able to create a market for that waste material.
Francesco Starace, the CEO of the Italian power giant ENEL, joined Mark Wiedman to discuss how during his tenure he has overseen the expansion of clean energy and to share his vision for the future of energy.
The answer is digitalization. So you have to digitize the networks so that they go in two directions, not just in one, not just from the generation to the consumer, but from the consumer back, or to a consumer to another consumer.
The incremental costs of the energy transition is something that one, we have to minimize, and two, we have to make sure that it is distributed in as socially responsible way as possible.
We need to break down some barriers, get out of our silo thinking, and actually collaborate and work as industries together.
The transition involves a massive transformation of our economy, of our world and how people buy and sell and make and move things. In this video series, BlackRock unpacks creative investor approaches to effectively navigate these changes.
We can help you navigate, drive, and invent the transition to a low-carbon economy.
We asked a few BlackRock executives, “What about your job at BlackRock makes you feel like you are positively contributing to the energy transition?”
Our platform invests in Real Estate and Infrastructure and has a direct impact on the transition to a low-carbon economy. Whether it is investing into LEED certified buildings, an offshore wind farm or electric vehicle charging stations, our investments help our clients achieve their goals and contribute to making the world a more sustainable place for my children and generations to come. This makes my job extremely exciting, and I am proud to be helping to decarbonize the world.
Transitioning to a low-carbon economy is probably the most important and complex change to the global economy we will see in our lifetimes. Getting it right will shape the financial well-being of people all over the world, and it’s a privilege to be working on this issue here at the heart of the financial sector.
I’ve been passionate about and invested in the energy industry for decades, as it meets a basic human need, and is going through massive change as it transitions to a cleaner future. These changes are very complex and require major technological innovation, immense future capital expenditure and deep industry expertise. This intricate puzzle, as we transition, is both fascinating to me personally, and critical to the future of a net zero world.
The low-carbon transition is and will be the driving force to delivering a safe, global climate to future generations. It is also the driving ideal of my career to be part of an emerging, growing, and important sector of the policy and economic realms associated with the energy industry? From local meetings about project development, to conference rooms working out financing structures to the sites where jobs are created and clean energy is generated, transmitted, and utilized – the low-carbon transition delivers challenges and opportunities consistently. It is truly a local and global issue that is key to achieving a sustainable future.
Across the world, we strive to advance sustainability as we believe the impact of climate risk poses not only environmental risk, but also investment risk. We are taking steps globally to mitigate those risks and help communities transition to a low-carbon economy.
Our leadership and investment teams are committed to help you navigate, drive, and invent the transition to a low-carbon economy.