.png?width=200&height=78&name=CH%20Diligence%20(thicker%20line-white).png "CH Diligence (thicker line-white)")
MSN/Reuters: A British real estate manager overseeing 26 billion euros ($29.93 billion) in assets and concerned about flood, fire and other climate-related risks to its properties sought help from Climate X, a data analytics firm based in London.
ESG News: The European Commission has introduced sweeping amendments to the Sustainable Finance Disclosure Regulation, seeking to repair what policymakers describe as a framework that has become cumbersome for firms and confusing for investors.
Funds Europe: Nearly nine-in-10 (87%) limited partners (LPs) have declined or reconsidered a fund allocation due to anti-money laundering and Know Your Customer (AML/KYC) concerns, underscoring just how significant compliance has become as a gatekeeping item for fundraising.
ESG News: The European Investment Bank and Societe Generale have agreed to a new cooperation framework aimed at expanding financing for Europe’s fast-growing cleantech manufacturers.
ESG Today: Decarbonization-focused investment firm Galvanize announced that its co-founder, hedge fund billionaire and former presidential candidate Tom Steyer, has taken a formal leave of absence from his role as Co-Chair.
ESG Dive: The change itself does not come with any inherent restrictions on client activities or transactions in the region, but a JPMorgan spokesperson told ESG Dive that each activity and transaction will be considered “on a case-by-case basis, in line with [its] risk appetite and commercial interests.”
ESG Today: Deutsche Bank announced a series of new updates to its sustainability strategy, including expanding its sustainable finance strategy to target opportunities for funding net zero transitions in hard to abate sectors, with the release of a new framework outlining its rules and parameters for transition finance transactions.
ESG Dive: Ceres launched its benchmark analysis in 2023 with the aim of tracking how companies fared on meeting their water sustainability targets. The inaugural report evaluated 72 companies, but the most recent edition assessed 71, as Kellogg was removed from the lineup due to the company’s split and sale.
Yahoo Finance/Reuters: The top U.S. financial regulator changed the grounds on which companies may seek permission to skip votes on shareholder resolutions, a move seen as making it more difficult for activists to force votes on contentious topics such as climate change or workforce diversity.
ESG News: The world’s largest companies have resumed setting value-chain net zero goals after a pause last year, even as political divisions around climate policy deepen. New analysis from Accenture shows that corporate ambition is once again rising across regions, including North America where momentum had stalled.
ESG Today: Sustainability-focused investment manager Mirova announced that it has invested $30 million in a soil-based carbon project in India by project developer Varaha, focused on supporting smallholder farmers in implementing regenerative agricultural practices.
Yahoo Finance: The European Parliament has voted to dramatically wind back the bloc’s environmental, social and governance (ESG) rules following intense pressure from US business associations and state attorneys general.
ESG Today: The Government of the Hong Kong Special Administrative Region of the People’s Republic of China (HKSAR) announced the pricing of HK$10 billion (USD$1.3 billion) of digital green bonds, marking the largest-ever digital bond issuance in the world to date.
Yahoo Finance: HSBC’s new net-zero strategy comes in a year where — in addition to delaying its net-zero goal — the company has shifted leadership of its sustainability program and departed the United Nations-aligned Net-Zero Banking Alliance, which has since ceased its membership-based model.
MSN/Reuters: The European Central Bank fined Spanish lender ABANCA Corporación Bancaria for failing to comply with its decision on climate-related and environmental risks, it said.
Funds Europe: Global assets in open-end funds and ETFs with a climate-related mandate reached a record high of $644 billion in June 2025, up 8.5% from the end of last year, according to Morningstar’s data.
Portfolio Adviser: A leaked draft of the European Commission proposals for SFDR 2.0 has revealed plans to remove Article 8 and 9 labels in favour of three product categories.
ESG Today: The Science Based Targets initiative (SBTi) announced the release of its updated draft Corporate Net-Zero Standard V2, its planned update to its key standard to assess, certify and track companies’ decarbonization commitments to achieve net zero emissions and to support science-based climate target setting.
ESG News: The Science Based Targets initiative (SBTi) has released the second draft of its Corporate Net-Zero Standard Version 2, opening a new round of consultation to refine the global benchmark for corporate climate action.
Financial Post: Money managers that retreat from sustainable investment pledges are increasingly being turned away when they pitch themselves to major asset owners in Europe, according to the chief executive of Federated Hermes Inc.
MSN/Reuters: HSBC issued a set of new, softer near-term climate targets for sectors such as oil and gas in response to the slow pace of change in the real economy.
Financial Post: The hedge fund industry is lobbying hard to ensure the UK excludes it from new climate regulations, after prevailing in a similar campaign in the European Union.
ESG News: New York-based Apollo Funds will invest $6.5 billion for a 50% stake in Ørsted’s Hornsea 3, the world’s largest offshore wind project currently under development in the North Sea.
Portfolio Adviser: Over 90% of EMEA investors plan to maintain or raise allocations to ESG or sustainable investments over the next 12 months, according to a Capital Group study, but investors also flagged geopolitical risk, economic growth and policy changes as top headwinds to these potential allocations.
ESG Today: The GAIA Climate Loan Fund, co-founded by MUFG Bank, FinDev Canada and the Green Climate Fund, announced that it has raised $600 million in commitments at its first close, with proceeds to be used to fund loans primarily for climate adaptation projects in climate-vulnerable markets.
Funds Europe: Capital flows into Article 8 funds increased in line with overall market trends, while Article 9 funds continued to experience net redemptions, according to Morningstar’s data.
ESG Today: State Street Investment Management, one of the world’s largest investment managers, announced a significant change in its signatory status with climate-focused investment coalition the Net Zero Asset Managers (NZAM) initiative, pulling out its U.S. business from the group, with only its Europe and UK businesses remaining.
ESG Today: Investment management firm Fidelity International announced the launch of the Fidelity Global Equity Research Enhanced PAB UCITS ETF, a new fund aimed at investing in global equities to achieve income and capital growth.
Portfolio Adviser: The Amundi MSCI USA Screened UCITS ETF and Amundi MSCI World Screened UCITS ETF will sit alongside the recently launched Amundi MSCI Europe Screened UCITS ETF, therefore offering investors ESG-screened exposure to North American, European and global equities.
Yahoo Finance: State Street, the world's fourth-biggest asset manager, said it is pulling the bulk of its operations out of the sector's main global climate coalition despite the group's efforts to retain members by relaxing its rules.
ESG Today: The Net Zero Asset Managers (NZAM) initiative, a major multi-trillion dollar group of investment managers committed to supporting the goal of net zero greenhouse gas emissions, announced that it will resume operations after pausing in early 2025 to adapt to a rapidly changing political and regulatory environment which had caused some of its largest signatories to exit the coalition.
ESG News: The United States government has entered into an $80 billion partnership with Brookfield Asset Management and Cameco Corporation—the Canadian co-owners of Westinghouse Electric Company—to build a new generation of nuclear reactors using Westinghouse’s AP1000 technology.
ESG Dive: Companies canceled or scaled back nearly $1.6 billion in clean energy projects last month, bringing the total amount of withdrawn investment to more than $24 billion so far this year, according to the clean energy advocacy group E2.
Portfolio Adviser: The UK government has taken the next step towards regulating ESG ratings providers, tabling secondary legislation that places them within the Financial Conduct Authority (FCA)’s scope.
Funds Europe: Global sustainable open-end and ETFs lost around $55 billion in the third quarter of 2025, according to data provider Morningstar.
ESG News: New Zealand is easing its climate-reporting requirements as part of a wider effort to revive capital markets and reduce regulatory burdens on smaller listed companies.
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