UK to 'monitor' ESG data for potential need to regulate providers
The UK government will monitor whether it needs to regulate providers of ESG data, the country's Treasury said.
State Street: Extent of 'green shorting' in the market was surprising
State Street Global Advisors said it was surprised by the large extent of 'green shorting' interest it found in the securities lending market.
Growing evidence of 'green shorting', says State Street
There is growing evidence of 'green shorting' in the securities lending markets, according to State Street Global Advisors.
10 US asset managers emit 3bn oil barrels a year
The annual financed emissions of 10 of the largest US asset managers are equivalent of three billion oil barrels, a report has said,...
Banks with $29trn in assets pledge to set 2050 'net zero' targets
A group of banks with about $28.5 trillion in assets has joined a UN-convened 'Net Zero Banking Alliance', and in doing so pledged to "align operational and attributable emissions from their portfolios with pathways to net-zero by 2050 or sooner".
Planet Tracker identifies deforestation risk behind ETFs
Exchange traded funds (ETFs) from asset managers including BlackRock (iShares), Vanguard and State Street hide entrenched deforestation risk from investors, according to sustainability think tank Planet Tracker.
BlackRock, Vanguard climate and social voting records continue to disappoint
Asset managers' proxy voting record on shareholder resolutions for climate and social issues continued to disappoint in 2020, according to a report by ShareAction, with US giants BlackRock, Vanguard and Capital Group among the worst performers.
ESG in Fixed Income Europe 2020 conference round up
Environmental Finance's ESG in Fixed Income Europe 2020 virtual conference ended after two days of panels, speed networking sessions, and discussion groups.