All Things Sustainable

Welcome to the latest episode in the Terra Carta Series of the All Things Sustainable podcast, a collaboration with the Sustainable Markets Initiative (SMI). Throughout 2025, we'll be interviewing SMI member CEOs from around the world and across industries about how they're approaching sustainability challenges and opportunities.

Today we're speaking with Octopus Energy CEO Greg Jackson. Octopus Energy was founded in the UK in 2016 and has grown into a global clean energy tech business. Greg explains how the company is using technology and AI to lower the cost of decarbonization for consumers.

"When you introduce really agile digital technology into a rapidly changing world, we find we can make the energy transition an upgrade — it's better and cheaper for people, not a sacrifice," Greg says.

About the SMI and Terra Carta Podcast Series: The SMI is a network of over 250 global CEOs across finance and industry. It facilitates private sector diplomacy with the ambition of making sustainability the driving force of global markets and value creation. S&P Global is a proud SMI member.

Listen to previous episodes in the Terra Carta Series here: Terra Carta Series | S&P Global

Learn about energy transition data and services from S&P Global Commodity Insights here.

The All Things Sustainable podcast from S&P Global will be an official media partner of The Nest Climate Campus during Climate Week NYC. Register free to attend here.

This piece was published by S&P Global Sustainable1 and not by S&P Global Ratings, which is a separately managed division of S&P Global.

Copyright ©2025 by S&P Global

DISCLAIMER

By accessing this Podcast, I acknowledge that S&P GLOBAL makes no warranty, guarantee, or representation as to the accuracy or sufficiency of the information featured in this Podcast. The information, opinions, and recommendations presented in this Podcast are for general information only and any reliance on the information provided in this Podcast is done at your own risk.

Any unauthorized use, facilitation or encouragement of a third party's unauthorized use (including without limitation copy, distribution, transmission or modification, use as part of generative artificial intelligence or for training any artificial intelligence models) of this Podcast or any related information is not permitted without S&P Global's prior consent subject to appropriate licensing and shall be deemed an infringement, violation, breach or contravention of the rights of S&P Global or any applicable third-party (including any copyright, trademark, patent, rights of privacy or publicity or any other proprietary rights).

This Podcast should not be considered professional advice. Unless specifically stated otherwise, S&P GLOBAL does not endorse, approve, recommend, or certify any information, product, process, service, or organization presented or mentioned in this Podcast, and information from this Podcast should not be referenced in any way to imply such approval or endorsement. The third party materials or content of any third party site referenced in this Podcast do not necessarily reflect the opinions, standards or policies of S&P GLOBAL.

S&P GLOBAL assumes no responsibility or liability for the accuracy or completeness of the content contained in third party materials or on third party sites referenced in this Podcast or the compliance with applicable laws of such materials and/or links referenced herein. Moreover, S&P GLOBAL makes no warranty that this Podcast, or the server that makes it available, is free of viruses, worms, or other elements or codes that manifest contaminating or destructive properties.

S&P GLOBAL EXPRESSLY DISCLAIMS ANY AND ALL LIABILITY OR RESPONSIBILITY FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR OTHER DAMAGES ARISING OUT OF ANY INDIVIDUAL'S USE OF, REFERENCE TO, RELIANCE ON, OR INABILITY TO USE, THIS PODCAST OR THE INFORMATION PRESENTED IN THIS PODCAST.

In this episode of the All Things Sustainable podcast, we're talking to Helge Muenkel, Group Chief Sustainability Officer at Singapore's biggest bank, DBS.

The interview is the latest installment in our CSO Insights series, where we hear from Chief Sustainability Officers around the world about how they're navigating the evolving sustainability landscape.

"Big picture on climate action very specifically, the train has really left the station," Helge says of the bank's large corporate clients. "More and more customers are really seeing the transformation that is happening in our economies as a business imperative and are embracing it."

Helge explains how DBS integrates environmental and social factors into its sustainability strategy. He says climate financing continues to present big financing risks and opportunities, and points to an increasing focus on scaling blended finance.

Helge tells us that nature is also becoming an increasing focus for the bank — which echoes what we've heard from other sustainability leaders at Southeast Asian financial institutions in recent episodes. Listen to our interview with big Singapore-based bank UOB here: CSO Insights: How sustainability pullback is playing out in Southeast Asia

Listen to our interview with big Malaysia-based bank CIMB here: CSO Insights: How a big Malaysian bank balances climate, nature, human rights and economic inclusion

Listen to our interview with big Malaysian pension fund EPF here: Why one of Southeast Asia's largest pension funds is 'doubling down' on sustainability

Hear our coverage of London Climate Action Week here: How these key summer events set the scene for COP30 in Brazil

Listen to our podcast episode: How sustainability professionals are weathering challenging times

Listen to our podcast episode where Aniket Shah, Managing Director and Global Head of the Sustainability and Transition Strategy team at Jefferies Group, explains why financial decision-makers need "data, not vibes" to drive their sustainability strategies: Connecting the dots between climate science and financial decisions

Read research from S&P Global Sustainable1 into corporate nature commitments here: Ahead of COP16, corporate nature commitments remain rare

The All Things Sustainable podcast from S&P Global will be an official media partner of The Nest Climate Campus during Climate Week NYC. Register free to attend here.

This piece was published by S&P Global Sustainable1 and not by S&P Global Ratings, which is a separately managed division of S&P Global.

Copyright ©2025 by S&P Global

DISCLAIMER

By accessing this Podcast, I acknowledge that S&P GLOBAL makes no warranty, guarantee, or representation as to the accuracy or sufficiency of the information featured in this Podcast. The information, opinions, and recommendations presented in this Podcast are for general information only and any reliance on the information provided in this Podcast is done at your own risk.

Any unauthorized use, facilitation or encouragement of a third party's unauthorized use (including without limitation copy, distribution, transmission or modification, use as part of generative artificial intelligence or for training any artificial intelligence models) of this Podcast or any related information is not permitted without S&P Global's prior consent subject to appropriate licensing and shall be deemed an infringement, violation, breach or contravention of the rights of S&P Global or any applicable third-party (including any copyright, trademark, patent, rights of privacy or publicity or any other proprietary rights).

This Podcast should not be considered professional advice. Unless specifically stated otherwise, S&P GLOBAL does not endorse, approve, recommend, or certify any information, product, process, service, or organization presented or mentioned in this Podcast, and information from this Podcast should not be referenced in any way to imply such approval or endorsement. The third party materials or content of any third party site referenced in this Podcast do not necessarily reflect the opinions, standards or policies of S&P GLOBAL.

S&P GLOBAL assumes no responsibility or liability for the accuracy or completeness of the content contained in third party materials or on third party sites referenced in this Podcast or the compliance with applicable laws of such materials and/or links referenced herein. Moreover, S&P GLOBAL makes no warranty that this Podcast, or the server that makes it available, is free of viruses, worms, or other elements or codes that manifest contaminating or destructive properties.

S&P GLOBAL EXPRESSLY DISCLAIMS ANY AND ALL LIABILITY OR RESPONSIBILITY FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR OTHER DAMAGES ARISING OUT OF ANY INDIVIDUAL'S USE OF, REFERENCE TO, RELIANCE ON, OR INABILITY TO USE, THIS PODCAST OR THE INFORMATION PRESENTED IN THIS PODCAST.

How are corporate leaders navigating the changing sustainability landscape? To help answer that question, the All Things Sustainable podcast has launched CSO Insights, a new miniseries that brings listeners interviews with Chief Sustainability Officers across industries and around the world.

Today we're talking with Luanne Sieh, Group Chief Sustainability Officer at CIMB Group, one of Malaysia's largest banks.

Luanne says CIMB takes a "holistic" view of climate, nature, human rights and economic inclusion. She outlines the bank's 2030 emissions reduction targets for six priority sectors, including palm oil — an important contributor to Malaysia's GDP and a significant part of CIMB's portfolio.

"We are one of the largest financiers of palm oil globally," Luanne says. "We think that our role here is to really reshape the industries and the clients, or help to reshape them — and not to retreat from them."

Listen to the first episode of our CSO Insights series: CSO Insights: How sustainability pullback is playing out in Southeast Asia | S&P Global

Listen to our podcast interview with big Malaysian pension fund Employees Provident Fund (EPF): Why one of Southeast Asia's largest pension funds is 'doubling down' on sustainability | S&P Global

Read research from S&P Global Sustainable1 about companies' nature risks and dependencies: How the world's largest companies depend on nature and biodiversity | S&P Global

Read our research about the costs of climate physical risk: For the world's largest companies, climate physical risks have a $1.2 trillion annual price tag by the 2050s | S&P Global

The All Things Sustainable podcast from S&P Global will be an official media partner of The Nest Climate Campus during Climate Week NYC. Register free to attend here.

This piece was published by S&P Global Sustainable1 and not by S&P Global Ratings, which is a separately managed division of S&P Global.

Copyright ©2025 by S&P Global

DISCLAIMER

By accessing this Podcast, I acknowledge that S&P GLOBAL makes no warranty, guarantee, or representation as to the accuracy or sufficiency of the information featured in this Podcast. The information, opinions, and recommendations presented in this Podcast are for general information only and any reliance on the information provided in this Podcast is done at your own risk.

Any unauthorized use, facilitation or encouragement of a third party's unauthorized use (including without limitation copy, distribution, transmission or modification, use as part of generative artificial intelligence or for training any artificial intelligence models) of this Podcast or any related information is not permitted without S&P Global's prior consent subject to appropriate licensing and shall be deemed an infringement, violation, breach or contravention of the rights of S&P Global or any applicable third-party (including any copyright, trademark, patent, rights of privacy or publicity or any other proprietary rights).

This Podcast should not be considered professional advice. Unless specifically stated otherwise, S&P GLOBAL does not endorse, approve, recommend, or certify any information, product, process, service, or organization presented or mentioned in this Podcast, and information from this Podcast should not be referenced in any way to imply such approval or endorsement. The third party materials or content of any third party site referenced in this Podcast do not necessarily reflect the opinions, standards or policies of S&P GLOBAL. S&P GLOBAL assumes no responsibility or liability for the accuracy or completeness of the content contained in third party materials or on third party sites referenced in this Podcast or the compliance with applicable laws of such materials and/or links referenced herein. Moreover, S&P GLOBAL makes no warranty that this Podcast, or the server that makes it available, is free of viruses, worms, or other elements or codes that manifest contaminating or destructive properties.

S&P GLOBAL EXPRESSLY DISCLAIMS ANY AND ALL LIABILITY OR RESPONSIBILITY FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR OTHER DAMAGES ARISING OUT OF ANY INDIVIDUAL'S USE OF, REFERENCE TO, RELIANCE ON, OR INABILITY TO USE, THIS PODCAST OR THE INFORMATION PRESENTED IN THIS PODCAST.

If you work in sustainability, you know that 2025 has been a time of upheaval in many parts of the world. At the All Things Sustainable podcast, we want to understand how sustainability leaders are handling the changing landscape. So this week, we're launching a new miniseries where we interview Chief Sustainability Officers across industries and around the world.

We're kicking off our CSO Insights series by sitting down with Eric Lim, the Chief Sustainability Officer at United Overseas Bank (UOB), one of the largest banks headquartered in Singapore. We'll be back later this week with more interviews with CSOs at Southeast Asian banks.

Eric says UOB is "obsessed with supporting the client decarbonization and transition journeys," while also emphasizing the importance of a just transition. He tells us how initiatives like the Singapore Sustainable Finance Association, where he's a convening member, are working to simplify the topic of nature for financial institutions. And he explains how countries like Singapore are incorporating adaptation and resilience measures into the built environment.

"What we see with our clients is — even though there is globally perhaps a bit of this pullback from sustainability, a bit of greenhushing — that our clients simply continue to invest in low-carbon or green business models that they know make commercial sense," Eric says.

Listen to our recent podcast episode How sustainability professionals are weathering challenging times

Listen to our recent interview with the CEO of Climate Risk & Resilience at global insurance group Howden Why insurance is becoming central to climate risk conversations

Learn about S&P Global Sustainable1's Nature & Biodiversity dataset.

The All Things Sustainable podcast from S&P Global will be an official media partner of The Nest Climate Campus during Climate Week NYC. Register free to attend here.

This piece was published by S&P Global Sustainable1 and not by S&P Global Ratings, which is a separately managed division of S&P Global.

Copyright ©2025 by S&P Global

DISCLAIMER

By accessing this Podcast, I acknowledge that S&P GLOBAL makes no warranty, guarantee, or representation as to the accuracy or sufficiency of the information featured in this Podcast. The information, opinions, and recommendations presented in this Podcast are for general information only and any reliance on the information provided in this Podcast is done at your own risk.

Any unauthorized use, facilitation or encouragement of a third party's unauthorized use (including without limitation copy, distribution, transmission or modification, use as part of generative artificial intelligence or for training any artificial intelligence models) of this Podcast or any related information is not permitted without S&P Global's prior consent subject to appropriate licensing and shall be deemed an infringement, violation, breach or contravention of the rights of S&P Global or any applicable third-party (including any copyright, trademark, patent, rights of privacy or publicity or any other proprietary rights).

This Podcast should not be considered professional advice. Unless specifically stated otherwise, S&P GLOBAL does not endorse, approve, recommend, or certify any information, product, process, service, or organization presented or mentioned in this Podcast, and information from this Podcast should not be referenced in any way to imply such approval or endorsement. The third party materials or content of any third party site referenced in this Podcast do not necessarily reflect the opinions, standards or policies of S&P GLOBAL. S&P GLOBAL assumes no responsibility or liability for the accuracy or completeness of the content contained in third party materials or on third party sites referenced in this Podcast or the compliance with applicable laws of such materials and/or links referenced herein. Moreover, S&P GLOBAL makes no warranty that this Podcast, or the server that makes it available, is free of viruses, worms, or other elements or codes that manifest contaminating or destructive properties.

S&P GLOBAL EXPRESSLY DISCLAIMS ANY AND ALL LIABILITY OR RESPONSIBILITY FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR OTHER DAMAGES ARISING OUT OF ANY INDIVIDUAL'S USE OF, REFERENCE TO, RELIANCE ON, OR INABILITY TO USE, THIS PODCAST OR THE INFORMATION PRESENTED IN THIS PODCAST.

In this episode of the All Things Sustainable podcast we bring you the latest in our special series featuring major pension funds around the world.

We sit down with Shahida Jaffar, Head of Corporate Sustainability at Malaysia's Employees Provident Fund (EPF). EPF was established in 1951 to safeguard the retirement future of the Malaysian workforce; it reported about 1.31 trillion Malaysian ringgit (US$310 billion) in total investment assets and more than 16 million members as of June 30, 2025.

In the interview, Shahida explains EPF's evolving sustainable investment strategy; the role nature plays in the organization's approach to sustainability; and how the pension fund balances priorities — like the need for returns, net-zero commitments and ensuring that the energy transition is just.

"In the market right now, there's polarization in terms of those who are pursuing sustainability even stronger and those who are pulling back," Shahida tells us.

"In the case of EPF, we're doubling down."

Read research from S&P Global Sustainable1 about companies' nature risks and dependencies: How the world's largest companies depend on nature and biodiversity | S&P Global

Learn about S&P Global Sustainable1's Nature & Biodiversity dataset.

Listen to our podcast interview with Norges Bank Investment Management (NBIM): Why the world's largest asset owner is leaning into ESG | S&P Global

The All Things Sustainable podcast from S&P Global will be an official media partner of The Nest Climate Campus during Climate Week NYC. Register free to attend here.

This piece was published by S&P Global Sustainable1 and not by S&P Global Ratings, which is a separately managed division of S&P Global.

Copyright ©2025 by S&P Global

DISCLAIMER

By accessing this Podcast, I acknowledge that S&P GLOBAL makes no warranty, guarantee, or representation as to the accuracy or sufficiency of the information featured in this Podcast. The information, opinions, and recommendations presented in this Podcast are for general information only and any reliance on the information provided in this Podcast is done at your own risk.

Any unauthorized use, facilitation or encouragement of a third party's unauthorized use (including without limitation copy, distribution, transmission or modification, use as part of generative artificial intelligence or for training any artificial intelligence models) of this Podcast or any related information is not permitted without S&P Global's prior consent subject to appropriate licensing and shall be deemed an infringement, violation, breach or contravention of the rights of S&P Global or any applicable third-party (including any copyright, trademark, patent, rights of privacy or publicity or any other proprietary rights).

This Podcast should not be considered professional advice. Unless specifically stated otherwise, S&P GLOBAL does not endorse, approve, recommend, or certify any information, product, process, service, or organization presented or mentioned in this Podcast, and information from this Podcast should not be referenced in any way to imply such approval or endorsement. The third party materials or content of any third party site referenced in this Podcast do not necessarily reflect the opinions, standards or policies of S&P GLOBAL. S&P GLOBAL assumes no responsibility or liability for the accuracy or completeness of the content contained in third party materials or on third party sites referenced in this Podcast or the compliance with applicable laws of such materials and/or links referenced herein. Moreover, S&P GLOBAL makes no warranty that this Podcast, or the server that makes it available, is free of viruses, worms, or other elements or codes that manifest contaminating or destructive properties.

S&P GLOBAL EXPRESSLY DISCLAIMS ANY AND ALL LIABILITY OR RESPONSIBILITY FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR OTHER DAMAGES ARISING OUT OF ANY INDIVIDUAL'S USE OF, REFERENCE TO, RELIANCE ON, OR INABILITY TO USE, THIS PODCAST OR THE INFORMATION PRESENTED IN THIS PODCAST.

In this episode of the All Things Sustainable podcast we bring you the first of a special series featuring major pension funds around the world.

We sit down in Mexico City, Mexico with Alejandro Bújanos, Head of Sustainable Investing at Afore SURA. This is one of the largest pension funds in Mexico and a subsidiary of SURA Asset Management. Alejandro outlines how the pension fund seeks to drive Mexico's transition to a low-carbon economy by engaging with major national companies.

"We believe that we need to be active owners and actually improve the countries where we're living," Alejandro says. "My main challenge is how to transition our portfolio to a low-carbon economy, and, while doing that, also have an impact in the real economy."

Alejandro highlights the role that collaborative initiatives play in the market. Earlier this year, Afore SURA and other financial institutions in Mexico launched one such initiative, called MxColab, to engage with major Mexican companies on issues like climate change.

"These very big companies that have been here for a long time ... it's hard to change them," he says. "Pulling investors together might be the only way to have a substantial enough size for these very big owners to actually listen to what you're asking from them."

Learn about S&P Global Commodity Insights' Energy Transition services.

Explore how companies are approaching sustainability via S&P Global Sustainable1's Corporate Sustainability Assessment data.

The All Things Sustainable podcast from S&P Global will be an official media partner of The Nest Climate Campus during Climate Week NYC. Register free to attend here.

This piece was published by S&P Global Sustainable1 and not by S&P Global Ratings, which is a separately managed division of S&P Global.

Copyright ©2025 by S&P Global

DISCLAIMER

By accessing this Podcast, I acknowledge that S&P GLOBAL makes no warranty, guarantee, or representation as to the accuracy or sufficiency of the information featured in this Podcast. The information, opinions, and recommendations presented in this Podcast are for general information only and any reliance on the information provided in this Podcast is done at your own risk.

Any unauthorized use, facilitation or encouragement of a third party's unauthorized use (including without limitation copy, distribution, transmission or modification, use as part of generative artificial intelligence or for training any artificial intelligence models) of this Podcast or any related information is not permitted without S&P Global's prior consent subject to appropriate licensing and shall be deemed an infringement, violation, breach or contravention of the rights of S&P Global or any applicable third-party (including any copyright, trademark, patent, rights of privacy or publicity or any other proprietary rights).

This Podcast should not be considered professional advice. Unless specifically stated otherwise, S&P GLOBAL does not endorse, approve, recommend, or certify any information, product, process, service, or organization presented or mentioned in this Podcast, and information from this Podcast should not be referenced in any way to imply such approval or endorsement. The third party materials or content of any third party site referenced in this Podcast do not necessarily reflect the opinions, standards or policies of S&P GLOBAL. S&P GLOBAL assumes no responsibility or liability for the accuracy or completeness of the content contained in third party materials or on third party sites referenced in this Podcast or the compliance with applicable laws of such materials and/or links referenced herein. Moreover, S&P GLOBAL makes no warranty that this Podcast, or the server that makes it available, is free of viruses, worms, or other elements or codes that manifest contaminating or destructive properties.

S&P GLOBAL EXPRESSLY DISCLAIMS ANY AND ALL LIABILITY OR RESPONSIBILITY FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR OTHER DAMAGES ARISING OUT OF ANY INDIVIDUAL'S USE OF, REFERENCE TO, RELIANCE ON, OR INABILITY TO USE, THIS PODCAST OR THE INFORMATION PRESENTED IN THIS PODCAST.

This year at the All Things Sustainable podcast, we've heard from many professionals who are uncertain about the future of climate action and sustainability and what's ahead for their careers.

We've also heard from numerous companies that continue to pursue their sustainability strategies and climate targets, even as some are talking about this less in public or changing the language they use to describe their efforts. In today's episode, we're asking: How are sustainability professionals weathering the storm?

We speak to three guests on the sidelines of an event the UN Global Compact Mexico hosted in June:

We talk with Jill Dumain, founding partner at the corporate sustainability consultancy Fractal CSOs and former Director of Global Environmental Strategy at outdoor clothing and gear company Patagonia. She says the current headwinds are a temporary setback.

"It's very easy for all of us to be myopic around this moment in time: 'The sky is falling in. Everything is against us,'" Jill says. "But in the grand scheme of things over an arc of 15 or 20 years, this is a little bump in the road."

We sit down with Simon Mainwaring, Founder and CEO of strategic brand consultancy We First, who explains why the current moment presents an opportunity.

"We got out over our skis a little bit in terms of acronyms and making it a little bit wonkish and heady, and that not only alienated a lot of people ... it set ourselves up to be politicized in a way that didn't really serve the intent behind this work," Simon tells us. "As a result, we're being forced to walk back some of that wonkish language and reframe our language to reach back and take people with us."

And we hear from Christopher Lilholm, Global Head of ESG and Sustainability Services at DNV, an assurance and risk management firm.

Listen to our episode How companies in Latin America are embedding sustainability amid shifting dynamics.

Explore how companies are approaching sustainability via S&P Global Sustainable1's Corporate Sustainability Assessment data.

The All Things Sustainable podcast from S&P Global will be an official media partner of The Nest Climate Campus during Climate Week NYC. Register free to attend here.

This piece was published by S&P Global Sustainable1 and not by S&P Global Ratings, which is a separately managed division of S&P Global.

Copyright ©2025 by S&P Global

DISCLAIMER

By accessing this Podcast, I acknowledge that S&P GLOBAL makes no warranty, guarantee, or representation as to the accuracy or sufficiency of the information featured in this Podcast. The information, opinions, and recommendations presented in this Podcast are for general information only and any reliance on the information provided in this Podcast is done at your own risk.

Any unauthorized use, facilitation or encouragement of a third party's unauthorized use (including without limitation copy, distribution, transmission or modification, use as part of generative artificial intelligence or for training any artificial intelligence models) of this Podcast or any related information is not permitted without S&P Global's prior consent subject to appropriate licensing and shall be deemed an infringement, violation, breach or contravention of the rights of S&P Global or any applicable third-party (including any copyright, trademark, patent, rights of privacy or publicity or any other proprietary rights).

This Podcast should not be considered professional advice. Unless specifically stated otherwise, S&P GLOBAL does not endorse, approve, recommend, or certify any information, product, process, service, or organization presented or mentioned in this Podcast, and information from this Podcast should not be referenced in any way to imply such approval or endorsement. The third party materials or content of any third party site referenced in this Podcast do not necessarily reflect the opinions, standards or policies of S&P GLOBAL. S&P GLOBAL assumes no responsibility or liability for the accuracy or completeness of the content contained in third party materials or on third party sites referenced in this Podcast or the compliance with applicable laws of such materials and/or links referenced herein. Moreover, S&P GLOBAL makes no warranty that this Podcast, or the server that makes it available, is free of viruses, worms, or other elements or codes that manifest contaminating or destructive properties.

S&P GLOBAL EXPRESSLY DISCLAIMS ANY AND ALL LIABILITY OR RESPONSIBILITY FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR OTHER DAMAGES ARISING OUT OF ANY INDIVIDUAL'S USE OF, REFERENCE TO, RELIANCE ON, OR INABILITY TO USE, THIS PODCAST OR THE INFORMATION PRESENTED IN THIS PODCAST.

It's been more than three years since Russia invaded Ukraine. In this episode of the All Things Sustainable podcast, we're exploring how the conflict has prompted some businesses in Ukraine to lean in to sustainability. We'll also hear about companies' strategies to protect workers and address mental health challenges stemming from the war.

We talk with Tetiana Sakharuk, Executive Director of UN Global Compact Ukraine, about how the sustainability landscape is changing in Ukraine and how the UN Global Compact network is helping companies integrate sustainability into their operations — through training and accelerator programs, by connecting them with international investors and grant opportunities, and by setting up an online platform to support employees needing psychological help amid the war.

UN Global Compact Ukraine is a country-level network of the UN Global Compact (UNGC). The UNGC is a voluntary corporate sustainability initiative involving more than 20,000 companies across 160 countries. Participating companies commit to operate responsibly in line with sustainability principles on human rights, labor, environment and anti-corruption, and to support the UN's 17 Sustainable Development Goals.

In an interview on the sidelines of an event hosted by the UN Global Compact Mexico in June, Tetiana said Ukranian companies see sustainability as a way to attract investors and ensure the long-term viability of their businesses.

She shares how Ukrainian companies are rebuilding critical infrastructure like energy and removing mines from farmland. And she explains how some companies are supporting the health and wellbeing of their employees and communities.

Listen to our episode How companies in Latin America are embedding sustainability amid shifting dynamics here.

Listen to our episode "Energy transition discussions shift to pragmatism amid policy uncertainty" here.

Learn about S&P Global Commodity Insights' Energy Transition services.

This piece was published by S&P Global Sustainable1 and not by S&P Global Ratings, which is a separately managed division of S&P Global.

Copyright ©2025 by S&P Global

DISCLAIMER

By accessing this Podcast, I acknowledge that S&P GLOBAL makes no warranty, guarantee, or representation as to the accuracy or sufficiency of the information featured in this Podcast. The information, opinions, and recommendations presented in this Podcast are for general information only and any reliance on the information provided in this Podcast is done at your own risk.

Any unauthorized use, facilitation or encouragement of a third party's unauthorized use (including without limitation copy, distribution, transmission or modification, use as part of generative artificial intelligence or for training any artificial intelligence models) of this Podcast or any related information is not permitted without S&P Global's prior consent subject to appropriate licensing and shall be deemed an infringement, violation, breach or contravention of the rights of S&P Global or any applicable third-party (including any copyright, trademark, patent, rights of privacy or publicity or any other proprietary rights).

This Podcast should not be considered professional advice. Unless specifically stated otherwise, S&P GLOBAL does not endorse, approve, recommend, or certify any information, product, process, service, or organization presented or mentioned in this Podcast, and information from this Podcast should not be referenced in any way to imply such approval or endorsement. The third party materials or content of any third party site referenced in this Podcast do not necessarily reflect the opinions, standards or policies of S&P GLOBAL. S&P GLOBAL assumes no responsibility or liability for the accuracy or completeness of the content contained in third party materials or on third party sites referenced in this Podcast or the compliance with applicable laws of such materials and/or links referenced herein. Moreover, S&P GLOBAL makes no warranty that this Podcast, or the server that makes it available, is free of viruses, worms, or other elements or codes that manifest contaminating or destructive properties.

S&P GLOBAL EXPRESSLY DISCLAIMS ANY AND ALL LIABILITY OR RESPONSIBILITY FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR OTHER DAMAGES ARISING OUT OF ANY INDIVIDUAL'S USE OF, REFERENCE TO, RELIANCE ON, OR INABILITY TO USE, THIS PODCAST OR THE INFORMATION PRESENTED IN THIS PODCAST.

In this episode of the All Things Sustainable podcast, we're on the ground in Mexico City, Mexico, to explore how companies in Latin America are embedding sustainability into their business strategies amid shifting market dynamics and new regulations.

We speak with Mauricio Bonilla, Executive Director of UN Global Compact Mexico, on the sidelines of the organization's annual Business Meeting for Sustainability, which took place in June.

The UN Global Compact is a voluntary corporate sustainability initiative involving more than 20,000 companies across 160 countries. Participating companies have committed to operate responsibly in line with sustainability principles on human rights, labor, environment and anti-corruption, and to support the UN's 17 Sustainable Development Goals.

UN Global Compact Mexico is a country-level network of the UN Global Compact, and Mauricio explains how the network is working with companies of all sizes to drive sustainable business practices.

We also sit down with three UN Global Compact Mexico participant companies:

-Alejandro De Keijser, Director of Energy and Sustainability at Mexico-based Grupo DEACERO, a steel manufacturer with global operations.

-Alfonso Martínez, CEO of Industrias Marves, a Mexico-based textile recycling company.

-Tania Rabasa Kovacs, Orbia's Chief Sustainability Officer, Vice President of Corporate Affairs and President of Orbia Mexico. Mexico-based Orbia operates in more than 50 countries and focuses on several business lines.

Tania outlines challenges companies in Latin America face. This includes balancing the need for positive financial returns in the short term with longer term sustainability objectives; navigating regulatory uncertainty; adapting to the physical impacts of climate change; and ensuring local communities and economies benefit from the company's operations.

At the same time, she says: "Nobody is really giving up because the cost of inaction is much higher than that of the transformation."

Read the latest edition of the International Sustainability Standards Board (ISSB) adoption tracker from S&P Global Sustainable1 here.

Learn more about S&P Global Sustainable1's Physical Climate Risk data.

This piece was published by S&P Global Sustainable1 and not by S&P Global Ratings, which is a separately managed division of S&P Global.

Copyright ©2025 by S&P Global

DISCLAIMER

By accessing this Podcast, I acknowledge that S&P GLOBAL makes no warranty, guarantee, or representation as to the accuracy or sufficiency of the information featured in this Podcast. The information, opinions, and recommendations presented in this Podcast are for general information only and any reliance on the information provided in this Podcast is done at your own risk.

Any unauthorized use, facilitation or encouragement of a third party's unauthorized use (including without limitation copy, distribution, transmission or modification, use as part of generative artificial intelligence or for training any artificial intelligence models) of this Podcast or any related information is not permitted without S&P Global's prior consent subject to appropriate licensing and shall be deemed an infringement, violation, breach or contravention of the rights of S&P Global or any applicable third-party (including any copyright, trademark, patent, rights of privacy or publicity or any other proprietary rights).

This Podcast should not be considered professional advice. Unless specifically stated otherwise, S&P GLOBAL does not endorse, approve, recommend, or certify any information, product, process, service, or organization presented or mentioned in this Podcast, and information from this Podcast should not be referenced in any way to imply such approval or endorsement. The third party materials or content of any third party site referenced in this Podcast do not necessarily reflect the opinions, standards or policies of S&P GLOBAL. S&P GLOBAL assumes no responsibility or liability for the accuracy or completeness of the content contained in third party materials or on third party sites referenced in this Podcast or the compliance with applicable laws of such materials and/or links referenced herein. Moreover, S&P GLOBAL makes no warranty that this Podcast, or the server that makes it available, is free of viruses, worms, or other elements or codes that manifest contaminating or destructive properties.

S&P GLOBAL EXPRESSLY DISCLAIMS ANY AND ALL LIABILITY OR RESPONSIBILITY FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR OTHER DAMAGES ARISING OUT OF ANY INDIVIDUAL'S USE OF, REFERENCE TO, RELIANCE ON, OR INABILITY TO USE, THIS PODCAST OR THE INFORMATION PRESENTED IN THIS PODCAST.

In this episode of the All Things Sustainable podcast, we're taking listeners on a whistlestop tour of several big summer events in Europe that will shape sustainability discussions on the road to COP30, the UN Climate Change Conference in Belém, Brazil in November 2025.

We cover key outcomes from the 2025 United Nations Ocean Conference in Nice, France — including progress toward a Marine Biodiversity Treaty.

We talk to Beth Burks, Director on the Sustainable Finance Markets team at S&P Global Ratings, about her takeaways from annual climate meetings in Bonn, Germany.

"If COP is like the big show every year, then Bonn is the dress rehearsal," Beth explains.

Beth also shares highlights from London Climate Action Week, which in 2025 grew significantly to include more than 700 events and more than 45,000 attendees.

In the episode we also speak to Tom Beloe, Director of the Sustainable Finance Hub at the UN Development Programme, or UNDP. Tom shares big takeaways from the 4th International Conference on Financing for Development, or FFD4, in Sevilla Spain. The conference took place for the first time in a decade this summer and centered around financing for the UN's Sustainable Development Goals, or SDGs.

A unifying theme across all these events is the importance of multilateralism to address sustainability challenges that transcend borders, like climate change, nature loss and ocean conservation. Across these events, we also hear about the rising role the private sector plays in addressing and financing solutions to these challenges.

"I think we're seeing over the last 10 years a very much increasing trend of private sector participation," Tom tells us. "Frankly, the discussions of finance that happen in these conferences are a little bit meaningless if we're not also convening with the largest financial institutions in the world."

Learn about Climate Transition Assessments from S&P Global here.

Learn about energy transition data and services from S&P Global Commodity Insights here.

This piece was published by S&P Global Sustainable1 and not by S&P Global Ratings, which is a separately managed division of S&P Global.

Copyright ©2025 by S&P Global

DISCLAIMER

By accessing this Podcast, I acknowledge that S&P GLOBAL makes no warranty, guarantee, or representation as to the accuracy or sufficiency of the information featured in this Podcast. The information, opinions, and recommendations presented in this Podcast are for general information only and any reliance on the information provided in this Podcast is done at your own risk.

Any unauthorized use, facilitation or encouragement of a third party's unauthorized use (including without limitation copy, distribution, transmission or modification, use as part of generative artificial intelligence or for training any artificial intelligence models) of this Podcast or any related information is not permitted without S&P Global's prior consent subject to appropriate licensing and shall be deemed an infringement, violation, breach or contravention of the rights of S&P Global or any applicable third-party (including any copyright, trademark, patent, rights of privacy or publicity or any other proprietary rights).

This Podcast should not be considered professional advice. Unless specifically stated otherwise, S&P GLOBAL does not endorse, approve, recommend, or certify any information, product, process, service, or organization presented or mentioned in this Podcast, and information from this Podcast should not be referenced in any way to imply such approval or endorsement. The third party materials or content of any third party site referenced in this Podcast do not necessarily reflect the opinions, standards or policies of S&P GLOBAL. S&P GLOBAL assumes no responsibility or liability for the accuracy or completeness of the content contained in third party materials or on third party sites referenced in this Podcast or the compliance with applicable laws of such materials and/or links referenced herein. Moreover, S&P GLOBAL makes no warranty that this Podcast, or the server that makes it available, is free of viruses, worms, or other elements or codes that manifest contaminating or destructive properties.

S&P GLOBAL EXPRESSLY DISCLAIMS ANY AND ALL LIABILITY OR RESPONSIBILITY FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR OTHER DAMAGES ARISING OUT OF ANY INDIVIDUAL'S USE OF, REFERENCE TO, RELIANCE ON, OR INABILITY TO USE, THIS PODCAST OR THE INFORMATION PRESENTED IN THIS PODCAST.