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BNN Bloomberg: Money market funds targeting European clients have quietly been reclassifying their legal status to market themselves as promoters of ESG, with close to $1 trillion of highly liquid client assets now registered as such.
Yahoo Finance: A new Cogent Syndicated report from Escalent shows institutional investors are acting with appropriate caution following recent environmental, social, governance (ESG) legislative or coalition measures, yet are continuing to evaluate ESG investment strategies as counterparts to existing portfolio holdings.
US News: Top U.S. bank investors gave only slim support on Tuesday to shareholder resolutions calling for the lenders to wind down new fossil fuel financing, setbacks for climate activists who had hoped for new constraints on the oil and gas industries.
FinTech Global: The BDC offers financing, advisory services and capital to small and medium-sized businesses in Canada. The Bank said that the new fund comes as Canadian sustainability-focused startups tend to be underfunded relative to their international peers.
Funds Europe: European cities have continued to dominate the lead in an index of the world’s greenest financial centres, according to new research from think tank Z/Yen Group.
BNN Bloomberg: The UK should pursue a national ESG strategy to simplify rules and reduce the risk of greenwashing, according to a group of lawmakers.
Axios: Companies don't want to talk about their environmental, social and governance goals anymore, experts in ESG and communications tell Axios.
ESG Clarity: Funding for climate tech start-ups by venture capital funds is at its slowest pace in nearly three years, in a worrying sign for the sector.
Financial Post: Some key Republican senators who’ve slammed Wall Street’s efforts to tackle climate change are themselves big supporters of green energy. The list includes Iowa’s Chuck Grassley, Mike Crapo of Idaho and Mitt Romney from Utah.
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