Archive

Nomura, Mitsui build stakes in natural capital manager New Forests

Japanese financial services firm Nomura has acquired a 41% stake in Australian natural capital management firm New Forests in a deal that also saw Mitsui & Co boost its stake in the forestry firm.

M&G to relaunch fund as 'Paris-aligned'

M&G Investments will next month rename the £503 million ($600 million) M&G UK Select Fund as the M&G UK Sustained Paris-aligned fund.

26% of global passive ETFs launched as ESG funds

More than a quarter (26%) of all passive exchange traded funds (ETFs) launched globally in the first three months of 2022 were environmental, social and governance (ESG) themed, according to STOXX index developer Qontigo.

Generation launches $1.7bn sustainable, growth equity fund

Generation Investment Management has launched a $1.7 billion fund focusing on companies that provide sustainability solutions.

The burden of box ticking

Sustainability reporting often fails to capture complicated discussions in emerging markets, FSSA's Alistair Thompson tells Genevieve Redgrave

We must go 'back to basics' on carbon emissions data

The problems with carbon emission disclosure and estimation data remain significant. Only mandatory reporting can solve the issue, Jaakko Kooroshy tells Ahren Lester.

Half of independent Berkshire Hathaway shareholders back climate vote

BMO GAM targets biodiversity engagement escalation

BMO Global Asset Management (GAM) said it will widen its corporate engagement on environmental and biodiversity issues in 2022 after escalating action in 2021, in particular focusing on turning commitments into action.

Boeing shareholders back 'say on climate' resolution

New York State Retirement Fund supports proposal to stop underwriting fossil fuels

The New York State comptroller has pledged to support of shareholder proposals that ask three insurance companies to stop underwriting new fossil fuel supplies.