Green Central Banking: The administration of US president Donald Trump has announced that it plans to overturn a rule that allows pension funds to consider ESG factors when making investment decisions and exercising shareholder voting rights.
Investing.com: TPG Rise Climate, the climate investing platform of global alternative asset management firm TPG Inc, is set to acquire a majority stake in Aurora Energy Research.
MSN/Reuters: Texas removed BlackRock from a list of companies seen as boycotting the energy industry, a step the New York asset manager won only with steep cuts to its climate ambitions.
ESG Today: A public-private coalition of major financial institutions and governments has revealed its plans to launch a dedicated company aimed at accelerating private investment in sustainable development projects across emerging markets and developing economies (EMDEs).
MSN/Reuters: Citigroup said it was rolling back a 2018 policy that placed restrictions on providing banking services to retail clients selling firearms, citing recent regulatory developments.
Yahoo Finance: The venture capital model honed and perfected in Silicon Valley is proving a bad fit for the clean tech industry, and investors should instead accept that they’ll need to commit much bigger sums of money for longer periods of time.
ESG Dive: Vanguard first launched its proxy voting choice pilot in February 2023 with three eligible equity funds, before including two additional index funds for the 2024 proxy season and adding three more in November to bring the total to eight eligible funds.
Funds Europe: London-based sustainability analytics platform GaiaLens has launched a solution designed to cut ESG reporting times for financial institutions by “up to 6000 hours annually”.
ESG News: 80% of companies are reworking ESG strategies amid changing political and regulatory landscapes. Over half are shifting language, with many dropping the term “ESG” entirely. 90% foresee continued or increasing resistance—especially toward climate commitments.
ESG News: Previously focused on use-of-proceeds financing such as green bonds and sustainability-linked loans, the bank will now include comprehensive entity-level assessments as the basis for financing.
Castle Hall helps investors build comprehensive due diligence programs across hedge fund, private equity and long only portfolios More →
Montreal
1080 Côte du Beaver Hall, Suite 904
Montreal, QC
Canada, H2Z 1S8
+1-450-465-8880
Halifax
168 Hobsons Lake Drive Suite 301
Beechville, NS
Canada, B3S 0G4
Tel: +1 902 429 8880
Manila
10th Floor, Two Ecom Center
Mall of Asia Complex
Harbor Dr, Pasay, 1300 Metro Manila
Philippines
Sydney
Level 15 Grosvenor Place
225 George Street, Sydney NSW 2000
Australia
Tel: +61 (2) 8823 3370
Abu Dhabi
Floor No. 15 Al Sarab Tower,
Adgm Square,
Al Maryah Island, Abu Dhabi, UAE
Tel: +971 (2) 694 8510
Copyright © 2021 Entreprise Castle Hall Alternatives, Inc. All Rights Reserved.
Terms of Service and Privacy Policy