Veris Wealth Partners, a financial advisory firm that applies sustainable and impact investing expertise across public and private markets, today released its “Framework for Investing in a Just Transition.” The report outlines an investment framework to support a just transition to a lower carbon economy and provides examples of investable opportunities, engagement opportunities and potential policy changes.
CEO Stephanie Cohn Rupp said, “Systems-level change is necessary to combat the disproportionate harm that people of color, low-income communities, women, and coastal communities face because of climate change. Impact investors can support systems-level change by identifying investable opportunities that support a just transition.”
The report details Veris’ multifaceted, intersectional approach to investing for a just transition. The Veris Just Transition Lens identifies investable solutions that the firm believes address the intersectionality of racial and gender equity, inequitable access to economic opportunities, and the various impacts of the climate crisis.
Veris sees opportunities for just transition investments across the risk-return spectrum, including those with the potential to bring market-rate financial returns and impact-first returns, which lay the groundwork for market-rate risk adjusted return opportunities in the future.
Veris Partner and Co-CIO Roraj Pradhananga, the lead author of the report, said, “There is an opportunity for impact investors to come together to assess the risk of not funding environmental and climate justice solutions and to create intentional environmental and climate justice investable solutions. Through our Just Transition Framework, Veris is taking the first step to identify and invest in these solutions.”
The Veris Just Transition Lens also addresses other related societal needs including self-empowerment, gender and racial equity, democratic decision-making and workers’ rights and well-being. Veris illustrates how these and other inputs (policy, financial structures, community wealth and others) interrelate.
To read the full report, visit the Veris Wealth Partners website.
About Veris Wealth Partners
Veris is an investment advisory firm that applies sustainable and impact investing expertise across public and private markets to help families and mission-driven organizations meet their financial objectives & goals for social and environmental impact. A majority women-led firm, Veris has been helping investors align their financial assets with their values and vision for the future since 2007. Learn more at veriswp.com.
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Contacts
Mandy Gardner, Veris Marketing Department
info@veriswp.com
