Written by 14:37 Member, Sustainable Finance

Bloomberg’s 2021 Impact Report

The report shows how Bloomberg mobilizes the markets to fight climate change and its company-wide efforts to boost climate action.

Bloomberg only recently published its 2021 Impact Report, which outlines how the company continues to address climate change through its operations and products, philanthropy and collaborations with partners and industry peers. The report also provides details on how Bloomberg continues to invest in an increasingly diverse workforce, and drives change on critical social issues.

The report highlights Bloomberg’s efforts to build significant momentum in the lead up to the UN Climate Change Conference (COP26) and how the company is leading efforts to mobilize markets to fight climate change and bring transparency to climate risk data. This in turn helps markets to better understand how climate can impact businesses and economies.

“Climate change is not a problem with a single solution. And it’s not a challenge that any one group – governments, companies, scientists or individual citizens – can solve alone.” said Michael R. Bloomberg, founder of Bloomberg LP and Bloomberg Philanthropies. “Working together, we can not only prevent the worst from happening, but also build a healthier and more sustainable future for the generations to come. Bloomberg is determined to help lead the way, and our Impact Report outlines the progress we’re making.”

Some highlights from the 2021 Impact Report include:

  • Environmental Impact: reducing emissions in line with a 1.5-degree future and supporting coherent, impactful climate action
  • Social impact: investing in the people and driving change on critical social issues

More information can be found in the full Impact Report.

Text: excerpts from Bloomberg’s press release
Image: Unsplash

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