News

• Morgan Stanley launches impact portfolio assessment tool

  31 July 2019

  Morgan Stanley has created a tool it claims is the first to evaluate environmental, social and governance (ESG) investing based on the individual impact preferences of its clients.

• Beef giant issues controversial Sustainable Transition Bond Framework

  31 July 2019

  The world's second largest beef producer, Marfrig Global Foods, has issued a controversial Sustainable Transition Bond Framework for the purchase of cattle.

• UniCredit launches two ETFs based on ESG and factor indexes

  30 July 2019

  Italian bank UniCredit has launched two exchange-traded funds (ETFs) based on indexes that combine a factor strategy with environmental, social and governmental (ESG) screens.

• LSEG’s purchase of Refinitiv ‘good for ESG data’ competition

  29 July 2019

  London Stock Exchange Group (LSEG)’s planned purchase of Refinitiv could have a positive impact on the quality of environmental, social and governance (ESG) data, in part because it will lead to increased competition with Bloomberg, it has been suggested.

• WCI Carbon Market Update, 29 July 2019

  29 July 2019

  Prices for California Carbon Allowances slipped slightly last week, but Nicholas Girod* says the potential downside is limited.

• Sovereign wealth funds get advice on climate risks

  29 July 2019

  Advice on how sovereign wealth funds (SWFs) can integrate climate change into their investment processes and governance has been produced by the Sustainable Finance Programme, a research group at the University of Oxford.

• Schroders acquires majority stake in impact investor

  29 July 2019

  Schroders is set to acquire a majority stake in Swiss-based impact investor BlueOrchard Finance for an undisclosed price.

• People moves: AIG hires first chief sustainability officer

  26 July 2019

  AIG has appointed Jennifer Waldner to the newly created role of chief sustainability officer to lead the development and implementation of the company’s sustainability strategy.

• Almost 60% of hedge fund managers don't consider ESG, BarclayHedge

  26 July 2019

  An overwhelming 59% of hedge fund managers do not consider environmental, social and governance (ESG) factors when selecting equities for their portfolios, according to a survey by BarclayHedge.

• Principles for Responsible Banking sets sights on 100 signatories

  26 July 2019

  The final official Principles for Responsible Banking have been published, with the UN Environment Programme Finance Initiative (UNEP FI) eyeing 100 signatories to the initiative by September.