Archive

UBS launches climate ETF with Solactive

ESG data: Less is more...

Taxonomies, reporting requirements, and data providers need to take a consistent, common approach, focussing on good rather than great, and embracing less being more, argues Simon Smiles

News Round Up: JP Morgan, Morgan Stanley, US Department of Labor, and more

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.

BlackRock, DWS, Natixis show 'basic' commitment to ESG, says Morningstar

Morningstar has identified Vanguard and Lyxor among asset managers with a 'low' level of commitment to ESG topics, whilst BlackRock, DWS, Natixis and UBS were flagged for their 'basic' approaches.

News round-up: EU offshore wind push, muni green project fund, sovereign ESG data set ... and more

European Commission vice-president Frans Timmermans encouraged EU member states to use funds from the €750 billion Next Generation EU fund to make targeted investments in the space to "unlock the necessary private financial flows" to power the expansion.

Most financial institutions don't push for ambitious EU sustainable finance strategy

Many financial institutions are failing to support an ambitious EU sustainable finance strategy, according to a report on lobbying by NGO InfluenceMap, with just a handful supporting and actively engaging with the European Commission's policy.

The Future of ESG Data conference: Don't separate impact from sustainability data

Third-party data providers should make impact a part of their core sustainability data offering to help investors assess the net impact of their investments, UBS's Christopher Greenwald has said.

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

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.

GISD calls for blended finance fund for increased UN SDGs funding

The UN-convened Global Investors for Sustainable Development (GISD) Alliance has developed more than 60 proposals calling for the UN Sustainable Development Goals (SDGs) to receive accelerated funding, including through data standardisation and a blended finance fund.