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ESG Newsletter

      Nordea Caps Flows Into $10 Billion ESG Fund as Demand Soars

      2021-06-10

      BNN Bloomberg: Nordea Asset Management says it’s trying to slow the flow of cash into its global climate fund amid seemingly insatiable demand for clean assets.

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      Investors with $41 Trillion Ask G-7 to Stop Subsidizing Fossil Fuels

      2021-06-10

      BNN Bloomberg: A coalition of investors overseeing a combined $41 trillion of assets have called on world leaders to set more ambitious greenhouse gas emissions targets and end support for fossil fuels.DWS Group, Legal and General Investment Management and Pacific Investment Management Co. were among 457 investors that wrote a joint letter to heads of state ahead of the Group of Seven leaders summit that will start on Friday in Cornwall, England. 

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      The UK Pension Industry Needs to Wake Up: Climate Change is Fundamentally an Economic Issue

      2021-06-10

      Institutional Asset Manager: Speaking on a live webcast hosted by pensions and investment advisory firm Isio, Topping, appointed by the UK Government to help drive action on climate change, stressed the responsibility the UK pensions industry has, over the next 10 years, to ensure the pool of GBP3 trillion of UK pension assets is invested sustainably.  

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      First Japanese ESG-focused Investment Fund Launched

      2021-06-09

      ICLG: As environmental, social and governance (ESG) considerations gain traction globally, a group of Japanese investors have launched its first ESG-focused global venture capital fund.

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      Private Equity Vows to Help the World. Lenders Want Proof

      2021-06-09

      Yahoo Finance: In recent years, borrowers have been able to get a reduction in their interest costs in return for meeting targets linked to environmental, social and governance (ESG) goals. That trend has been turbocharged this year by private equity firms seeking a piece of the action.

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      Investors Expect Financial Firms to Embrace Sustainability

      2021-06-08

      Think Advisor: Sustainable investing has solidified its position as a creditable investment option, and will likely hold that position for a long time to come, according to a study released by Allianz Life.

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      Starboard’s Smith Says ESG Activists Need to Deliver for Credibility

      2021-06-08

      BNN Bloomberg: Activist investor Jeff Smith said Exxon Mobil Corp.’s revamped board will have to deliver the changes a tiny investor promised during its proxy fight in order for that campaign to be a watershed moment for environmental, social and governance investing.

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      Asia's ESG Bond Issuances Hit Record $69 Bln This Year, No Let-up Seen

      2021-06-07

      Financial Post: Asia-Pacific borrowers more than doubled issuance of bonds tied to environmental, social and governance (ESG) themes to a record $69 billion this year, data showed, as they sought to burnish their sustainability credentials and tap red-hot investor demand.

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      There’s a ‘Seismic Shift’ in ESG Investing, Says Fund Pioneer

      2021-06-04

      BNN Bloomberg: An Australian money manager that’s been building ESG funds since 1986 is seeing an acceleration in assets under management as demand ramps up from investors following years of slow growth.

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      Biggest India Bank Torn Between BlackRock and Funding Coal

      2021-06-03

      Yahoo Finance: State Bank of India needs to finance coal projects to meet the Indian leader’s push to electrify more homes, yet it wants to back renewable projects to appease global money managers including Fink’s BlackRock Inc., Storebrand ASA and Amundi SA. For now it’s doing a bit of both.

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