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ESG Today: Renewable energy developer Renewco Power announced that it has raised £29 million through new investments, with proceeds aimed at advancing its wind and solar projects throughout Scotland and the UK, and to accelerate the transition to clean energy across its key European markets.
The Hill (Opinion Piece): Many prominent American investment firms have, of late, been blurring the line between sound financial management and political activism.
Funds Europe: Stockholm-based private equity company Triton has admitted making “mistakes” following allegations, published in a string of German and Swedish newspaper articles, of a “toxic old boys’ culture” and sexism that has led to an exodus of staff.
ESG Dive: The settlement resolves multi-state litigation that resulted from Mercedes equipping the diesel-powered models with a software that allowed the vehicles to pass U.S. emissions tests.
ESG News: Nordea Asset Management (NAM) has appointed Rachel Reutter as Portfolio Manager within its Sustainable Thematic Team, reinforcing its impact investing capabilities as institutional investors sharpen their focus on measurable outcomes, stewardship quality, and long-term value creation.
ESG Today: Approximately two thirds of funds with ESG terms in their names changed their names, with many dropping ESG terms or using terms with less stringent requirements, and half updated their investment policies.
Yahoo Finance: Comptroller Brad Lander said last week that his recommendation that the funds quit BlackRock and Fidelity “followed a rigorous evaluation” which found the firms were misaligned with the pension fund’s net-zero plan.
BBC: The US is immediately pausing leases for offshore wind energy projects currently being built near the Atlantic coastline, citing security concerns.
ESG News: As European governments push to decarbonize transport systems under tightening climate targets, private capital is moving to fill a widening infrastructure gap in rail.
ESG Today: The Government of Canada announced the appointment of the Canadian Climate Institute to lead the development of a new sustainable investment taxonomy, with plans for the initial categorization system to identify green and transition investments to be released by the end of 2026.
ESG Dive: The climate for sustainable investing in the U.S. became considerably more complicated in 2025, the report noted, as the government slashed Inflation Reduction Act clean energy and EV tax credits and, more recently, targeted proxy advisors for their potential consideration of ESG and DEI.
ESG Today: An increasing proportion of asset owners globally reported implementing sustainability considerations in their investment strategies over the past year, despite geopolitical headwinds, with investment performance and risk management increasingly emerging as top drivers for sustainable investing, according to a new survey released by index provider FTSE Russell.
Portfolio Adviser: Dominic Rowles has been promoted to head of ESG at Hargreaves Lansdown (HL) following the consolidation of two teams. The platform said following a re-calibration of accountabilities at exco, Emma Wall will be taking on SMF responsibility for ESG, consolidating ESG reporting, regulation and investment processes for HL as a business, employer, fund manager and platform.
ESG News: The EU Parliament has approved a provisional agreement with EU member states to scale back sustainability reporting and due diligence requirements for companies, marking one of the final legislative steps toward adoption of the Omnibus I package.
ESG Today: Netherlands-based pension fund pension fund manager PME Pensioenfonds announced a decision to end its relationship with BlackRock as a manager for its equity portfolio, following an ESG-focused review of its external asset managers.
Yahoo Finance: SBTi’s Power Sector Net-Zero Standard will update and replace a “Quick Start Guide for Electric Utilities,” released in 2020. The updates include “a broader set of activities and emission sources” in the standard’s scope and tailor criteria “to the industry’s unique emissions and operational realities,” according to the release.
ESG News: The UK Financial Conduct Authority has confirmed new appointments to its Sustainable Finance Advisory Committee, reinforcing the regulator’s push to strengthen governance, market credibility, and policy alignment as sustainable finance regulation becomes more complex and politically contested.
Business Wire: HA Sustainable Infrastructure Capital, Inc., a leading investor in sustainable infrastructure assets, and KKR, a leading global investment firm, announced that HASI and KKR have agreed to make an additional capital commitment of $500 million each for a combined total of $1 billion of new investment capacity into CarbonCount Holdings 1 LLC.
ESG News: The International Sustainability Standards Board has moved to ease one of the most contentious elements of climate reporting for financial institutions, rolling out targeted amendments to its IFRS S2 standard that narrow and clarify how financed emissions must be disclosed.
ESG News: Global investors are entering a more demanding phase of sustainable finance, where climate risk is moving markets in real time, regulation is tightening but diverging, and technology is becoming central to investment decision-making.
ESG Today: Paris-based asset manager Eiffel Investment Group announced that it has raised €1.2 billion (USD$1.4 billion) for the third vintage of its energy transition infrastructure debt strategy, Eiffel Energy Transition III, closing at the fund’s hard cap and significantly surpassing its initial €1 billion target.
Funds Europe: For years, small and medium-sized enterprises were locked out of green lending. The entry barriers were high, and the paperwork overwhelming. Tokenisation is now dismantling this model by allowing projects to raise funds directly from investors through digital units of ownership.
ESG Dive: The lawsuit alleged discrimination based on perceived political affiliations, discrimination based on advocacy or perceived advocacy for protected racial and/or gender groups and race and/or gender discrimination.
ESG Today: Nearly all companies and the vast majority of institutional investors see growth and commercial opportunities from the climate transition, with views on sustainability-related investments and initiatives increasingly driven by financial and strategic considerations, according to a new survey released by HSBC.
Financial Post: Europe’s vision of a towering ESG framework that would become a gold standard for other jurisdictions across the globe has just come crashing down to earth. Against a backdrop of trade warnings from the US and sluggish competitiveness at home, the European Union has opted to dramatically scale back a rulebook intended to ensure companies adhere to environmental, social and governance standards.
Yahoo Finance: The European Union reached a deal to scale back its corporate sustainability laws, after months of pressure from companies and governments including the United States and Qatar.
Top1000 Funds: The Principles for Responsible Investment (PRI) will reduce signatories’ responsibilities in their annual mandatory reporting, as the UN-backed body looks to stay relevant amid a surge of new responsible investment codes and standards.
ESG Today: International savings and investments business M&G plc announced the appointment of Marian D’Auria as its new Chief Sustainability Officer, with responsibility for further developing and integrating the firm’s sustainability strategy into its business.
ESG Dive: The green economy, as defined by the report, was the second fastest-growing industry in the decade since 2015, behind only technology. More than half of the global emission mitigation needed by 2050 — 55% — can be achieved through “competitive methods,” with another approximately 20% of emissions that can be addressed at a “minor cost disadvantage,” the report said.
ESG Today: The European Commission announced plans to invest up to €5.2 billion (USD$6.1 billion) in net zero technology, clean hydrogen and industrial decarbonization projects, using funds generated through its EU Emissions Trading System (EU ETS).
ESG News: The Partnership for Carbon Accounting Financials (PCAF) has released a sweeping update to the Global Greenhouse Gas Accounting and Reporting Standard for the Financial Industry, widening the scope of assets that banks, asset managers and insurers can measure across their financed and insurance-linked emissions.
ESG News: A decisive new wave of private capital is moving into Europe’s energy transition as Low Carbon, one of the region’s most active utility-scale renewables developers, secures a landmark investment from CVC DIF.
Financial Newswire: The Market Forces report is based on the public disclosures of the superannuation funds with the group claiming that the top super funds have more than three times invested in the global list of 200 companies with the biggest fossil fuel expansion plans than the $9.7 billion they have backing clean energy companies.
Funds Europe: ESG ratings agencies will be regulated by the UK Financial Conduct Authority (FCA) after the regulator said it had come across a number of potential issues, with firms often unclear about how these ratings are devised.
ESG News: New York City Comptroller Brad Lander has urged the trustees of the city’s three major pension systems to sever ties with BlackRock, Fidelity, and PanAgora after concluding the firms’ climate stewardship plans fall short of the systems’ net-zero requirements.
Financial Newswire: According to the 2025 Workplace Gender Equality Agency (WGEA) Scorecard the gender pay gap has fallen to 21.1 per cent, but only 22 per cent of CEOs are women and 39 per cent of key management personnel roles are held by women across employers who report their personnel data to the WGEA, remaining relatively unchanged from the previous year.
ESG Today: EU Ombudsman Teresa Anjinho announced that she has found a series of shortcomings in the European Commission’s process to launch its “Omnibus” initiative to simplify and reduce corporate sustainability reporting and due diligence requirements.
Wealth Professional: Canada’s responsible investing sector continues to evolve even as growth expectations ease and the pressure of global anti-ESG backlash rises.
ESG News: JPMorgan has appointed Robert Keepers as Head of Climate Tech, giving one of the world’s largest financial institutions a dedicated leader for clients developing the next generation of decarbonization technologies.
ESG Dive: Lander, whose term as comptroller ends at the end of the calendar year, said all 49 of the asset managers for the city’s pension plans submitted their decarbonization plans to measure their alignment with the city’s Net Zero Implementation Plan.
ESG News: Institutional investors are preparing to increase allocations to sustainable strategies through 2027, even as concerns around political volatility, shifting regulatory guidance and data constraints grow.
Financial Post: Royal Bank of Canada denies claims that it fostered a “boys’ club” environment at its United States capital-markets business, disputing allegations that the firm engaged in sex-based discrimination against female bankers and offered unequal pay and promotions to women.
Portfolio Adviser: Investment commentators have largely welcomed the sweeping changes in last week’s SFDR draft proposal with “significant improvements” outlined for the disclosure framework and a new category system announced.
Funds Europe: EdenTree Investment Management is set to become the “only UK fund house with a fully SDR-labelled product range”, following its decision to adopt Sustainability Disclosure Requirements (SDR) labels for seven funds.
ESG Today: Florida Attorney General James Uthmeier announced the filing of a new legal action against proxy advisory firms Glass Lewis and Institutional Shareholder Services (ISS), claiming that the firms violated consumer protection and antitrust laws by jointly pushing an “ESG agenda” through their activities.
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