Very many congratulations to Mark Campanale, founder and executive chair of the financial think tank, Carbon Tracker, and advisor to FaithInvest, on being awarded the 2021 Joan Bavaria Award for Building Sustainability into the Capital Markets at the Ceres' annual conference.
Mark Campanale was recognised for his lifelong dedication to aligning capital markets with the realities of the climate crisis – most notably through advancing his 'unburnable carbon thesis', which shines a light on the financial risk that fossil fuel companies and their investors face from stranded oil and gas assets.
He helps to make a clear fiduciary argument for the decarbonisation of investment portfolios. Mindy Lubber, CEO and President of Ceres said the award recognised Mark's outstanding role in helping 'lead to a transformational shift about how we think about the energy sector and its relationship to the health of our planet and the long-term stability of the economy'.
Ceres is a non-profit organisation working with the most influential capital market leaders to solve the world’s greatest sustainability challenges: www.ceres.org.
The Joan Bavaria Award is named after Ceres' co-founder Joan Bavaria, a pioneer of social investing who helped catalyse change in the capital markets.
Founded in 2011, Carbon Tracker is a non-profit independent financial think tank that carries out in-depth analysis on the impact of the energy transition on capital markets and the potential investment in high-cost, carbon-intensive fossil fuels.
More information: www.ceres.org