Industry update
The Cognito 2022 Sustainable Finance Communications Report
Cognito released its 2022 Sustainable Finance Communications Report: “The communications of climate transition - the signal and the noise", which explores media coverage in the ESG sector.
Key findings of the report include:
Key findings of the report include:
- Media coverage of climate transition, sustainable finance and ESG is soaring, while pressure builds for financial institutions to communicate better on tangible corporate action behind climate transition and the drive to net zero.
- ESG and sustainable finance grew over 50 percent in major media outlets in 2021 over the previous year. Mentions of ‘climate transition’, however, rose much faster over the same period, with particularly large increases in relation to the banking, insurance and energy sectors.
- Press coverage of the main solutions driving the net zero transition has changed: coverage of most of the 11 solutions studied - ranging from carbon allowances and offsets to hydrogen - rose by more than 50 percent.
- Publications with the greatest increase in climate transition solutions coverage included Bloomberg, South China Morning Post and the Financial Times.
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