-
Investor 'keeps faith' with disappointingly slow energy efficiency fund
10 February 2022An investor in a recently-launched energy efficiency fund said he is keeping faith with the company, after it admitted that its deployment of assets was progressing slower than expected, causing its shares to drop more than 10%.
-
EU SFDR response raises 'legitimate' greenwashing concern
08 February 2022The market response to the EU Sustainable Finance Disclosure Regulation (SFDR) from asset managers has "led to confusion and greenwashing concerns", warned Morningstar.
-
M&G acquires responsAbility to help target emerging market impact
27 January 2022M&G is set to acquire Switzerland-based impact specialist responsAbility in a deal the UK investment manager said would bolster its impact product offering in emerging markets.
-
Costco emissions reduction shareholder proposal passed
26 January 2022A shareholder proposal calling on US retailer Costco to adopt greenhouse gas (GHG) emissions reduction targets secured support from more than two-thirds of investors despite the board urging it to be rejected.
-
Quintet launches fund that offsets carbon of its equities
26 January 2022Quintet Private Bank has launched a multi-asset, climate neutral fund, which it claims is the first of its kind and could be copied by others in the industry.
-
Sustainable fund sells out of Tesla as valuation soars
26 January 2022A leading sustainability-focused fund revealed it has sold its stake in Tesla because of its soaring valuation.
-
WHEB launches Rothschild-backed Environmental Impact Fund
19 January 2022WHEB Asset Management has launched a new fund with a dedicated focus on the environment, which has attracted seed investment from Rothschild & Co Wealth Management.
-
BlackRock's Fink lauds decarbonisation 'phoenixes' over divestment
18 January 2022BlackRock chief executive Larry Fink rejected sectoral divestment as a means to deliver a net-zero transition in his annual letter to fellow bosses...
-
Most large French companies 'still don't have enough women on boards'
17 January 2022A €5 trillion ($5.7 trillion) French investor initiative focused on improving corporate gender diversity hopes for "more tangible progress" in 2022...
-
Citi, CommerzBank among climate tech firm backers
17 January 2022A climate technology firm has raised $19 million in funding from five investors, including the venture capital arms of Citi and CommerzBank.