Archive

  • Boston Common: Differing methodologies for bank sustainable financing 'unnecessary competition'

    12 October 2020

    Boston Common Asset Management (BCAM) has criticised the increasing number of methodologies used to assess how a bank's sustainable financing commitments impact its portfolio, as a distraction from core climate goals.

  • ESG news round-up: Calvert joins Morgan Stanley; CofE drops ExxonMobil; HSBC in net-zero pledge

    09 October 2020

  • JP Morgan Chase makes 'Paris-aligned' financing commitment

    07 October 2020

    JP Morgan Chase - which was recently revealed to be the biggest financier of fossil fuels - has pledged to align its financing with the goals of the Paris Climate Agreement, although one NGO criticised the commitment as "vague".

  • Morgan Stanley pledges net-zero carbon emissions by 2050

    22 September 2020

    US banking giant Morgan Stanley has committed to a net-zero financed emissions target by 2050. NGOs said the move "sets a new bar for other major US banks to follow" but pointed out that it lacks "key details".

  • ESG ETF assets could hit over 3% of market by 2029, Morgan Stanley

    07 August 2020

    Rapid growth of assets in environmental, social and governance (ESG)-focused exchange traded funds (ETFs) could see them hit almost $600 billion - equivalent to around 3.2% of the total market - by 2029, according to Morgan Stanley.

  • 100 EU Taxonomy-eligible firms identified by Morgan Stanley

    31 July 2020

    Morgan Stanley has identified 100 listed European companies which it believes generate revenues eligible under the EU Taxonomy, but said data limitations constrain fuller assessment

  • Bank of America becomes third US lender to join carbon accounting initiative

    30 July 2020

    Bank of America (BoA) has joined the Partnership for Carbon Accounting Financials (PCAF), the third major US lender to join the initiative in the past week, as pressure builds on financial institutions to tackle the emissions of their lending and investment portfolios.

  • AgriFunds urged to improve natural capital risk disclosure

    07 July 2020

    Food and agriculture funds have been urged to improve reporting on nature-related risks, after a report showed major investors in the sector were materially exposed to the financial risks associated with natural capital threats.

  • Morgan Stanley builds impact into multi-asset fund

    02 July 2020

    Morgan Stanley Investment Management has launched a multi-asset fund that aims to provide "a measure of downside protection in volatile markets", as well as to incrementally increase investments in companies with potential to create positive environmental or social impact.

  • Sustainable debt market transformed by Covid-19 impact in H1

    01 July 2020