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ESG Newsletter

    Only 20% of Funds Comply with Esma Proposal

    2023-05-15

    Funds Europe: Clarity AI has reported 80% of Article 8 funds would fail to comply with the European Securities and Markets Authority‘s (Esma) proposed fund labelling regulation.

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    FCA Should Not ‘Impose Regulatory Guardrails’ on Sustainability Too Soon

    2023-05-12

    ESG Clarity: The Financial Conduct Authority (FCA) should not expect all financial services firms to embed sustainability-related considerations in their business objectives and strategies, industry respondents to the UK regulator’s latest sustainability discussion paper have said.

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    ESG Compliance: It All Starts With Your Supply Chain

    2023-05-11

    Forbes: Ignoring environmental, social and governance (ESG) compliance can come with real consequences such as environmental damage, significant losses in revenue, reputational damage and regulatory penalties, among others.

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    Why Your ESG Report Isn't Enough

    2023-05-11

    GreenBiz: Many companies are pretty proud of their ESG reports. Each year from April to June, the LinkedIn feeds of sustainability professionals fill with posts from friends, colleagues and connections sharing these delights of disclosure, announcing that their company’s report is ready for the world.

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    How Do You Know a Company is Accurately Rewarding the CEO for Climate Targets?

    2023-05-10

    Financial Post: The compensation of high-ranking corporate executives is being increasingly tied to environmental targets, but a lack of standardized data and disclosure is making the effectiveness of such goals difficult to track and may even be opening the way for some to game the system, governance experts warn.

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    ESG Concerns are Growing as Artificial Intelligence Becomes More Popular

    2023-05-10

    CNBC: Wall Street has eagerly rallied around companies making notable strides in artificial intelligence. However, several investors warn that the increasingly widespread deployment of AI has opened a Pandora’s box of concerns about environmental, social and corporate governance, or ESG.

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    IEEP Critical of Biodiversity Offsetting in EU Sustainable Finance

    2023-05-09

    Funds Europe: The Institute for European Environmental Policy (IEEP), a "green think tank", has raised concerns over the EU’s classification system for sustainable finance, saying policymakers were trying to "sneak in" biodiversity offsetting.

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    Bloomberg Event Looks at ESG Data Management and Future of Data in Cloud

    2023-05-09

    Finadium: Bloomberg’s Singapore office recently hosted an event that focused on content and workflow considerations for enterprise data solutions. Speakers discussed Bloomberg’s enterprise data feed offerings, how ESG (environmental, social, and governance) data needs are evolving and what the future of data in the cloud looks like.

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    ETF Issuers Are Losing Tolerance for ESG as Closures Surge

    2023-05-08

    BNN Bloomberg: As investor interest in ETFs that promote higher environmental, social and governance standards fades, more issuers are shutting down these funds.

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    EU Rule Confusion Sends 'Sustainable' Fund Flows To Record Low

    2023-05-04

    Yahoo Finance: The flow of new money into European funds marketed as very sustainable slowed to a record low in the first three months of 2023, as regulatory confusion prompted asset managers to be more cautious about their claims, Morningstar said.

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