Archive

BlackRock builds climate risk data into its portfolio management software

BlackRock, the world's largest asset manager, has created a dedicated climate risk management platform as part of its portfolio management software Aladdin.

S&P's ESG capabilities boosted by $44bn IHS Markit merger

Financial services giant S&P has agreed to merge with data provider IHS Markit, in a mega deal that will boost S&P's already-considerable environmental, social and governance (ESG) firepower.

ESG data provider involvement good for impact investing, says Triodos

Triodos has welcomed the increasing participation of large environmental, social and governance (ESG) data providers as a positive development for impact investors.

Carney: AGMs could give investors 'say on transition plans'

Mark Carney has suggested investors could be given an automatic advisory vote on companies' net-zero transition plans, similar to 'say on pay' shareholder rights to vote on executive remuneration.

BankTrack: Equator Principles projects 'unsatisfactory' on local engagement

Asian firms overtake US on emissions disclosure, says Arabesque

The proportion of Asian companies reporting carbon emissions has jumped above that of US firms in 2019, according to a report by sustainability-focused asset manager Arabesque, although European corporates continue to lead.

Estimated carbon emissions data 'ineffective'

Estimated carbon emissions data reflects 'almost entirely' on size and industry information, which makes it ineffective in identifying green companies in brown sectors and further reduces the efficacy of investor actions, according to an academic study.

Deutsche Börse buys majority stake in ISS

German financial exchange operator Deutsche Börse has acquired a majority stake in Institutional Shareholder Services (ISS), valuing the corporate governance and environmental, social and governance (ESG) data provider at over $2.2 billion.

Agence France Trésor: EU taxonomy a 'powerful tool' but challenges remain

ESG in Fixed Income Europe 2020 conference: The EU's taxonomy of sustainable activities is a "powerful tool" for impact reporting, but the data is not always there to enable reporting in alignment with it, attendees of Environmental Finance's virtual conference heard.

Carney launches private finance strategy for COP26

Mark Carney has launched the UK's Private finance Strategy for COP 26, which includes proposals to help countries require disclosures in line with the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD).