.png?width=200&height=78&name=CH%20Diligence%20(thicker%20line-white).png "CH Diligence (thicker line-white)")
Yahoo Finance: Environmentalists protested at the Swiss National Bank's annual shareholder meeting, urging the central bank to divest from companies they say contribute to environmental devastation in regions like the Amazon rainforest and Cerrado savanna.
ESG News: Apollo-managed funds have committed up to $220 million in a joint venture with Bullrock Energy Ventures, targeting a significant expansion of community solar projects across New York and New England.
Portfolio Adviser: The Financial Conduct Authority (FCA) has unveiled plans to cut 70% of the legal text required by investment firms in an effort to “remove unnecessary burdens on firms”.
MSN: Markets regulator Sebi has tweaked the framework for ESG Rating Providers (ERPs), especially for those using a subscriber-pays model, requiring them to share ESG (Environmental, Social, and Governance) rating reports with both subscribers and the rated issuer simultaneously.
ESG Today: Canada’s securities regulators announced that they are pausing their work on the development on key sustainability reporting initiatives, including a new mandatory climate-related disclosure rule and amendments to diversity-related disclosure requirements.
Portfolio Adviser: Sustainable funds suffered their worst outflow on record in the first quarter as investors globally withdrew a record-breaking $8.6bn throughout the period, according to Morningstar Sustainalytics.
ESG Today: Goldman Sachs shareholders overwhelmingly rejected two anti-DEI proposals directing the company to consider eliminating its diversity, equity and inclusion-based compensation incentives for executives and to review legal and reputational risks stemming from the firm’s DEI policies, with each proposal receiving only 2% shareholder support at Goldman Sachs’ annual meeting.
Business Wire: Novata, the private markets’ leading sustainability management partner, today announced the launch of its new ESG Due Diligence solution to enable deal professionals to request, review, and contextualize sustainability data, pre-investment, in a single, secure environment, and seamlessly connect it to post-deal monitoring.
ESG News: Franklin Templeton has expanded its suite of sustainable investment products with the launch of two new Article 8 UCITS ETFs: the Franklin S&P 500 Screened UCITS ETF and the Franklin World Screened UCITS ETF.
Financial Newswire: A snap poll of more than 160 institutional investors worldwide, conducted by London-based investment consultancy group Bfinance, found that most have not altered their strategic positions in response to the current trade war-driven economic maelstrom.
Portfolio Adviser: Schroders has developed guidelines for engaging with companies on climate adaptation, resilience and risk, in collaboration with Cornell University’s Global Labor Institute (GLI).
Yahoo Finance: India's market regulator is rethinking sustainability or ESG disclosures required of listed firms including its already delayed plans for companies to include supply chains in their reporting, its new chief Tuhin Kanta Pandey told Reuters.
ESG News: While the NZBA maintains that 1.5°C remains its “guiding star,” the vote—backed by 90% of participating members—reflects growing unease with the pace of real-economy decarbonization.
Portfolio Adviser: Adding an ESG term to the name of a fund has “a significant impact” on fund inflows during the five quarters following the name change, according to the latest study published by the European Securities and Markets Authority (ESMA).
ESG Today: Global alternative investment manager Apollo and community solar operator Summit Ridge Energy announced a new agreement, with Apollo-managed funds committing up to $400 million to form a new joint venture to jointly own and operate a portfolio of commercial solar assets across Illinois.
Funds Europe: Physical climate risk continues to pose the most serious long-term threat to institutional investors, according to a 2025 climate scenarios study warning that “net zero by 2050 is no longer realistic.”
Financial Advisor: A new stock exchange dedicated to sustainable investing moved a step closer to opening after receiving backing from the US Securities and Exchange Commission.
CNBC: Just as many mission-driven fund managers have reconsidered their defense policy in the wake of Russia’s full-scale invasion of Ukraine, an analyst at Goldman Sachs says it is now time for sustainable investors to re-evaluate their approach to oil and gas companies.
ESG Today: Germany’s conservative CDU and CSU parties and the center-left SPD announced a deal for the formation of a new government, and released a coalition agreement that includes the immediate elimination of Germany’s human rights and environmental supply chain due diligence law, the Supply Chain Act (LkSG).
ESG News: The European Securities and Markets Authority (ESMA) has published the findings of its 2024 Common Supervisory Action (CSA) on environmental, social, and governance (ESG) disclosures under the Benchmarks Regulation (BMR).
Funds Europe: The European market for evergreen private markets funds, excluding ELTIFs, continues its steep upward trajectory, with assets under management (AUM) growing from €53.1 billion in Q3 to nearly €63 billion in Q4 2024.
ESG Today: J.P. Morgan Asset Management’s timberland investment advisory company Campbell Global announced that it has raised $1.5 billion at the close of its responsible forest management-focused Forest & Climate Solutions Fund II.
ESG Dive: Major oil producers have faced a mixed bag defending against state climate litigation. Oil companies have had lawsuits initiated by the states of New Jersey and New York dismissed this year. However, industry bids to dismiss lawsuits filed by the states of California and Connecticut and the county and city of Honolulu, Hawaii have been unsuccessful thus far.
Institutional Investor: Aristides Capital may be the first hedge fund to open an office in Canada under the new administration — and not because of Trump’s tariff policy, even though CEO Claire Brown thinks those don’t make any sense at all.
Yahoo Finance: The cumulative global market for green, social, sustainability and sustainability-linked bonds reached $4.4 trillion in 2023, according to market data from international nonprofit the Climate Bonds Initiative.
ESG Today: China’s Ministry of Finance (MOF) issued the country’s inaugural sovereign green bond, raising RMB 6 billion (USD$824 million) to support projects and initiatives aimed at achieving environmental objectives ranging from climate change mitigation and adaptation to natural resource and biodiversity conservation.
Funds Europe: Article 9 funds saw net outflows in 2024, highlighting growing investor hesitation and sparking calls for a more accessible sustainable finance framework, according to the European Fund and Asset Management Association’s (Efama) research.
MSN: Deutsche Bank’s asset-management arm DWS Group agreed to pay 25 million euros, equivalent to $27 million, to settle an investigation by German prosecutors into allegations of greenwashing.
ESG News: The European Parliament has voted to adopt the European Commission’s “stop-the-clock” directive, delaying implementation timelines for key sustainability regulations: the Corporate Sustainability Reporting Directive (CSRD) and the Corporate Sustainability Due Diligence Directive (CSDDD).
ESG Today: Asset managers Mirova, Robeco, and Edmond de Rothschild AM and sustainability-focused consulting firms I Care by BearingPoint and BCG’s Quantis announced the launch of the Avoided Emissions Platform (AEP), a new tool aimed at enabling investors and companies to assess and compare the decarbonization impact of different climate solutions.
ESG Dive: The SEC’s “Enhanced Disclosures by Certain Investment Advisers and Investment Companies about Environmental, Social, and Governance Investment Practices” rule was among ESG-related regulations in the rulemaking or proposal phase at the agency expected to be on the chopping block under the Trump administration.
MSN: UBS's asset management arm has become the latest European money manager to ditch some exclusions on investments in defence companies as private investors race to enable their funds to finance the region's rearmament drive.
ESG News: Japan's Government Pension Investment Fund (GPIF) has outlined a comprehensive policy to ensure long-term, stable investment returns by prioritizing sustainability-focused investments, incorporating ESG (environmental, social, and governance) and impact considerations across its portfolio.
PR Newswire: Atlas-SSI Holdings, LLC ("Atlas-SSI" or the "Company"), a North American supplier of water management equipment for the protection of mission-critical assets and water ecosystems, announced its acquisition by the Sustainable Investing team at Goldman Sachs Alternatives.
ESG Dive: The OCC’s decision to withdraw the guidance on managing climate-related risks comes almost a month after the agency announced it was departing the Network of Central Banks and Supervisors for Greening the Financial System.
ESG News: Tying executive compensation to sustainability isn’t just a governance trend—it’s a powerful lever to drive long-term value. A global review of 375 large publicly listed companies reveals that nearly 8 in 10 already incorporate ESG goals into boardroom pay.
