Archive

Vanguard exit could be opportunity to 'clarify aim' of net-zero initiative

The withdrawal of Vanguard from the Net Zero Asset Manager initiative (NZAM) could be a great opportunity for the initiative to clarify its aim and push members for greater action on passive assets, a campaigner told Environmental Finance

£9.2bn flagship BlackRock pension strategy adopts climate target

BlackRock has announced that its flagship £9.2 billion ($11.2 billion) default pension strategy in the UK has adopted a formal environmental, social and governance (ESG)-focused investment policy, including a specific emissions target.

Leadership does not equal GFANZ

There has been little evidence of leadership or reduction of fossil fuel financing in the giant coalition of investors and banks, argues Michael Northrop

ECB: Sustainable fund 'resilience' could reduce asset fire sales in crisis

Global environmental, social and governance (ESG) investment funds tend to have greater resilience to the risk of fund outflows in times of market crisis - which could prove beneficial to policymakers...

BlackRock launches global 'sustainable' fund

Dealing with inconsistent ESG data

A consistent ESG investment approach is 'largely impossible' across asset classes with current data, The Future of ESG Data 2022 conference heard. Ahren Lester reports

Climate inconsistency in financial reports could be 'greenwashing'

The inconsistent handling of climate-related factors in the financial statements of highly carbon-exposed companies could be evidence of 'greenwashing,' according to Carbon Tracker.

Vanguard, Baird have 'long way to go' on ESG, says Morningstar

Morningstar said Vanguard and Baird are among the asset managers that have a "long way to go" with regards to their commitment to environmental, social and governance (ESG),...

ESG ratings 'need to focus on impact, not risk'

Amid ongoing criticism of environmental, social and governance (ESG) ratings, European credit ratings provider Scope has argued that a "paradigm shift" is needed for the industry to focus on ESG impact rather than risk - especially as they increasingly get used for 'impact' funds.

Exchange for 'impact' US equities expected in 2023

Green Exchange has said it is in discussions with the US Securities and Exchange Commission (SEC) to register a new equities exchange dedicated to "bridging the gap" between investors and public companies seeking to make positive environmental impact.