News

US sustainable ETFs 'not as passive' on ESG voting as you may think, says Morgan Stanley

Passively managed US sustainability-focused exchange-traded funds (ETFs) vote in favour of environmental and social shareholder proposals considerably more frequently than their non-sustainable peers, according to research by Morgan Stanley, but still less than their actively managed rivals.

NGFS devises nine options for dealing with climate risk in monetary policy

An initiative involving many of the biggest central banks and regulators has devised nine options to help its members deal with climate risk in their monetary policy operations, warning that "taking no action is not viewed as a sustainable option".

News round-up: PRI, PwC, Vanguard, BNP Paribas, and more

Green and sustainability-linked loan round-up: Trafigura, Hafnia, Manulife US REIT, Hana Financial ... and more

UK pensions' 'mixed' social investment record scrutinised by government

UK pensions trustees have been asked by the government to provide information on social factors of their investments after a senior minister expressed concern that these are currently "not well understood".

More than half of major US companies 'failing' on equal pay

More than half (26) of 51 of the largest US listed companies have been given a 'fail' grade for their inadequate progress to reduce the racial and gender pay gap, according to research by Arjuna Capital and Proxy Impact.

Bond round-up: CDB, Takamatsu Construction, FS Italiane, Deutsche Bank, Vonovia, Verbund ... and more

EU taxonomy removes agriculture and offers concession to gas

News round-up: TCFD, John Kerry, Legal and General, Church of England, and more

CA100+ benchmark shows net zero ambitions still have long way to go