.png?width=200&height=78&name=CH%20Diligence%20(thicker%20line-white).png "CH Diligence (thicker line-white)")
The Hill: A federal judge sided with the Biden administration on an administration rule that would allow retirement advisers to include climate and environmental factors in their calculations.
BNN Bloomberg: BlackRock Inc. and other money managers spent years rolling out sustainable funds, seeking to capitalize on surging interest in ESG investing.
Yahoo Finance: Wall Street's top regulator adopted a new rule cracking down on so-called "greenwashing" and other deceptive or misleading marketing practices by U.S. investment funds.
ESG Clarity: Aviva Investors has completed its ESG senior management team with the appointment of Louise Piffaut as head of ESG, liquid markets.
GreenBiz: Last year’s COP27 hosted more oil and gas lobbyists — serving industries that still have huge financial incentives to stick with their core polluting products — than representatives from any national delegation, except the United Arab Emirates, which is now COP28’s host.
BNN Bloomberg: Europe’s markets watchdog says it isn’t backing down from a controversial plan to restrict the use of “ESG” and “sustainability” in fund names, despite a barrage of criticism from asset managers.
Forbes: In today's fast-evolving business landscape, embracing the principles of environmental, social and governance (ESG) isn't just a fleeting trend.
BNN Bloomberg: Former US President Bill Clinton is teaming with Israeli billionaire Ziv Aviram to launch a climate fund with about $1 billion of start-up capital.
U.S. Securities and Exchange Commission: The Securities and Exchange Commission announced that it has posted to sec.gov the agency’s Diversity, Equity, Inclusion, and Accessibility (DEIA) Strategic Plan for fiscal years 2023-2026 that builds on and advances the SEC’s DEIA commitment and previous successes.
GreenBiz: We’ve all heard of greenwashing — the practice of making a company look more environmentally friendly than it actually is, through clever marketing campaigns.
BNN Bloomberg: The European Union is considering extensive changes to its ESG investing framework in response to criticism from asset managers and national regulators.
BNN Bloomberg: Climate tech investments have dipped this year, but a new fund with more than $1 billion to spend is entering the sector.
BNN Bloomberg: Elon Musk railed against ESG last year when Tesla Inc., whose stock is held by many climate-focused funds, was expelled from an S&P Global index that tracks companies on their environmental, social and governance standards.
CNBC: California lawmakers have sent a bill to Governor Newsom’s desk that would require all large businesses in the state to provide a detailed accounting of their carbon emissions, including their Scope 3, or supply chain emissions.
Funds Europe: A new study by the CFA Institute has found potentially misleading elements in the disclosures of some investment funds, emphasising the importance of clear communication about ESG factors.
BNN Bloomberg: A new venture capital fund targeting climate change and other “big fundamental problems” has raised $100 million, according to people familiar with the matter.
Money Management: The Morningstar ESG Commitment Level Landscape report qualitatively evaluated 108 asset managers across the globe.
ETF Trends: An efficient avenue for asset managers and fund issuers to avoid regulatory scrutiny of products with the environmental, social, and governance (ESG) label is to ensure that those funds live up their ESG ETF billing.
ESG Clarity: The CFA Institute has released a flagship research paper identifying sustainable finance among four key narratives designed to assist practitioners and the industry in preparing their investment strategies for the years ahead.
BNN Bloomberg: Regulators need to step up oversight of banks’ environmental footprints as loss of natural capital exacerbates the impact of climate change, according to the Network for Greening the Financial System.
The Guardian: Private equity firms are increasingly profiting from cleaning up climate disasters in the US, while failing to better protect workers and often also investing in the fossil fuels that are causing the climate emergency, new research has found.
Yahoo Finance: India’s new rules for environmental, social and governance investments and ratings are likely to attract more investors to the nation’s $1.4 billion market and serve as a model for other countries, according to JPMorgan Chase & Co.
ESG Clarity: The investment trust sector is facing calls for widespread reform after an investigation found some boards are falling below expected governance and engagement standards.
Forbes: According to McKinsey analysts, "global sustainable investment now tops $30 trillion." It has gone up by 68% since 2014. This is because businesses are facing increasing pressure from investors, customers and regulators to take proactive and transparent action on sustainability.
Funds Europe: The European Fund and Asset Management Association (Efama) has expressed significant reservations about the European Commission's (EC) recent unveiling of its ESG rating activities proposal.
BNN Bloomberg: Asset managers trying to sell funds in Europe are finding it “increasingly difficult” to do so unless their products are registered as ESG, according to a study by analysts at Goldman Sachs Group Inc.
Yahoo Finance: Steven Meier, the chief investment officer for the New York City Retirement System, said a pullback on ESG efforts by major fund-management companies has little impact on the city’s pensions and their power to vote on shareholder measures seeking to change corporate policies.
ESG Clarity: The gender investing gap is widest among the younger generation, according to AJ Bell’s Money Matters campaign. The campaign found that among under 25s, just 37% of stocks and shares ISA contributions are from female investors.
Investment News: Over the last year or so, lawmakers and state regulators across the country have introduced a series of ESG-related proposals that could have profound ramifications for the industry.
BNN Bloomberg: Investors aren’t paying enough attention to the very real environmental, social and governance risks lurking in portfolios, according to the global head of ESG research at HSBC Holdings Plc.
Forbes: Environmental, social and governance factors are becoming increasingly important considerations for companies of all sizes. That's because investors, consumers and stakeholders are seeking transparency and accountability from companies.
ESG Clarity: The International Sustainability Standards Board (ISSB) has been urged to make human capital and human rights a priority for its next set of global reporting standards.
US News: Vanguard said the declining support rate reflected a rising number of proposals - 359 this year, up from 290 a year ago, coupled with improvements in company disclosure that it said made many resolutions unnecessary.
GreenBiz: Corporate responsibility is not just a buzzword; it is a guiding principle that shapes the foundation of a company's identity. Corporations have a profound responsibility to positively affect their employees, society and the environment.
BNN Bloomberg: A London-based money manager has just attached an ESG label to a Bitcoin exchange-traded fund, in a move that has environmental experts doing a double take.
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
84 Chain Lake Drive, Suite 501
Halifax, NS
Canada, B3S 1A2
+1-902-429-8880
Manila
Ground Floor, Three E-com Center
Mall of Asia Complex
Pasay City, Metro Manila
Philippines 1300
Sydney
Level 36 Governor Phillip Tower
1 Farrer Place Sydney 2000
Australia
+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