Chief financial officers at companies including

Anheuser-Busch InBev SA,

Ford Motor Co.

and

Verizon Communications Inc.

are calling on other executives to make sure their businesses help fight poverty and climate change.

A group of CFOs on Monday published a framework to help guide companies’ decision-making in areas such as corporate finance and investing to support the United Nations’ Sustainable Development Goals. These goals, adopted in 2015, include ending poverty by 2030, taking action against climate change and improving access to clean water.

The CFOs are urging other finance executives to allocate their companies’ resources to projects that support the development goals and expand their set of funding instruments to include green bonds and other sustainability-oriented tools, executives said.

“Because of the seats we sit in within our companies, us being seen as supporting it…makes people take a second look and say, ‘Hey, maybe there are things we can do,’” Verizon CFO Matthew Ellis said.

The telecommunications company last week issued a $1 billion green bond and said it would use the proceeds to support four of the U.N.’s 17 goals in areas such as clean energy and economic growth. Verizon plans to invest in solar and wind facilities to power its networks.

Investors increasingly take interest in environmental, social and governance issues. Funds that pursued sustainability targets in their investment strategy during the first half of 2020 attracted $20.9 billion in net new assets from investors. That is roughly on par with the whole of 2019 and about four times as much as in 2018, according to

Morningstar Inc.,

a ratings company. Morningstar analyzed 334 U.S. funds in its tally.

Fernando Tennenbaum, chief financial officer of AB InBev.



Photo:

Fire chiefs have intervened in the financial crisis affecting hundreds of thousands of high-rise leaseholders by urging insurers to think twice before they hike premiums on towers with fire safety problems.



a sign on the side of a building: Photograph: Anselm Ebulue/Getty Images


© Provided by The Guardian
Photograph: Anselm Ebulue/Getty Images

With some leaseholders facing increases of up to 1,200% in building insurance and others unable to get any cover, the National Fire Chiefs Council has met the Association of British Insurers to argue for a “more informed approach”. The fire chiefs are concerned that insurers have been increasing premiums sharply regardless of the degree of danger uncovered in the wake of the Grenfell Tower.



a sign on the side of a building: More than 70 people died in the Grenfell Tower disaster of 2017 but many other buildings are still covered in dangerous cladding.


© Photograph: Anselm Ebulue/Getty Images
More than 70 people died in the Grenfell Tower disaster of 2017 but many other buildings are still covered in dangerous cladding.

One group of leaseholders at the M&M buildings in London saw their premium rise from £100,000 to £700,000, increasing annual service charges by an average of £3,500.

Residents at Brindley House in Birmingham had no buildings insurance for at least six weeks this year as a result of insurers’ reluctance to provide cover, campaigners in the city said. At another Birmingham block, Islington Gate, premiums rose from £37,000 to around £200,000.

Some directors and officers of leaseholders’ management companies have also been denied cover, meaning they face huge legal bills if claims are made against them.

The UK Cladding Action Group, which represents affected residents, is also due to meet the ABI on Thursday to demand change. Social landlords have not experienced the same premium hikes, according to the National Housing Federation.

“We want a more informed approach to allow any change to insurance to be appropriate,” said Daniel Daly, head of the protection policy and reform unit at the NFCC. “We have always been concerned about the impact

It’s been a long, long time since Hoyer won a game as starting QB originally appeared on NBC Sports Boston

Though the Patriots haven’t confirmed it yet, all signs are pointing to Brian Hoyer starting under center Monday night when New England faces the Chiefs.

If Hoyer earns the start, he’ll be looking to do something he hasn’t done in four years and three days, or a span of 1,465 days: win a football game as starting quarterback.

Since Hoyer’s last victory — a 17-14 Bears win over the Lions on October 2, 2016 — Hoyer has lost 10 straight games as a starter, while predominantly serving as a backup over that stretch.

That losing skid involves three starts with the Bears in 2016, six starts with the 49ers in 2017, and one start with the Colts a season ago. Overall, Hoyer has completed 58.8 percent of his passes during the streak, averaging almost 220 yards per game while throwing seven touchdowns and seven interceptions, good for a QB rating of 75.8.

Perry: Why are Pats going with Hoyer over Stidham?

But while Hoyer hasn’t walked off the field as a starter with a win in over four years, he has managed to keep most of those games close. Eight of those losses came by a total of 24 points, with six coming by a field goal or less. Only two of the losses were double-digit defeats.

Considering the Patriots are 11-point underdogs for the contest — their largest point spread as underdogs since Super Bowl XXXVI against the Rams — oddsmakers aren’t expecting Hoyer and the Pats to keep it that close this time around against the defending champs.

But who knows? Maybe the 34-year-old journeyman can author a shocker.

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