Press Release

Curtis D. Ravenel Joins ClimateWorks as a Distinguished Fellow

Ravenel, founder of Bloomberg LP’s Sustainable Business & Finance Group, will support foundation efforts to reallocate financial capital to achieve decarbonization
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Nicole Bender
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Nicole.Bender@gmmb.com

San Francisco—ClimateWorks Foundation announced today that Curtis D. Ravenel, founder and former Global Head of the Sustainable Business & Finance Group at Bloomberg LP, will join the foundation as a fellow. He is a leading expert on environmental, social, and governance data and analysis who helped to manage and continues to advise the secretariat of the Financial Stability Board’s Taskforce on Climate-related Financial Disclosure (TCFD). Ravenel will support ClimateWorks’ Sustainable Finance portfolio.

The Sustainable Finance program aims to catalyze financial and market changes that accelerate climate action. Its grantmaking portfolio spans private and public finance strategies and comprises initiatives to translate increasing awareness of climate risk into large-scale capital reallocation, and to scale investments in low-carbon innovation and deployment.

“We are thrilled for a seasoned executive of Curtis Ravenel’s caliber to join the ClimateWorks team,” said Charlotte Pera, Chief Executive Officer of ClimateWorks. “Curtis’ early leadership in integrating sustainability into financial data, news, and analytics tools influenced many companies to consider climate risk when making financial decisions. He will help ClimateWorks and its many partners to support the rapid decarbonization of the financial system.”

Ravenel created the Sustainable Business & Finance group at Bloomberg in 2007 with a focus on internal operations and targeted operating efficiencies that created environmental and financial returns. Under his leadership, Bloomberg integrated sustainability considerations into the firm’s operations globally and developed strategies to evaluate sustainability-related risks and opportunities for their user base of finance professionals and other influential decision-makers.

“I look forward to bringing my experience working with business, financial, regulatory communities on climate and other sustainability matters to climate philanthropy,” said Ravenel. “I am eager to help ClimateWorks align the financial system with the Paris Agreement.”

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About ClimateWorks Foundation

ClimateWorks helps foundations and climate leaders come together to be more strategic, efficient, and effective in their response to global climate change. We are a collaborative team of researchers, strategists, and grant-makers committed to our mission of mobilizing philanthropy to solve the climate crisis and ensure a prosperous future for all. Since 2008, ClimateWorks has provided $1B in grants to organizations around the world focused on solving climate change. For more information about our programs, grantmaking, and partnerships, visit www.climateworks.org.