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ESG Newsletter

    How Can Family Offices Lead the Charge in Impactful Sustainable Investing?

    2022-12-07

    Campden FB: According to Campden Wealth and Raffles Family Office’s Asia-Pacific Family Office Report 2022, 42% of family offices are now engaged in sustainable investing, with 29% of their portfolios dedicated to sustainability (up 4% from 2021 and 2% higher than the global average).

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    ESG-Focused Funds Shrug Off Criticism, Survey Says

    2022-12-08

    ETF: Exchange-traded fund companies are issuing more environmental, social and governance-focused funds, despite pushback from politicians and investors who claim the label is restrictive and crimps returns, a survey has found. 

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    Japan to Ramp Up Scrutiny of ESG Data Providers With New Guidelines

    2022-12-08

    BNN Bloomberg: Japan will soon be the first country to issue guidelines for ESG data and ratings providers as global regulators step up scrutiny of firms that measure companies on their environmental, social and governance practices.

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    PwC Canada Study Highlights Continued Shortcomings in ESG Reporting Across Canada's Top 250 Public  Companies

    2022-12-08

    Yahoo Finance: PwC Canada unveiled its second Canadian ESG reporting study that assessed the ESG maturity of Canada's top 250 publicly traded companies, as measured by revenue and market capitalization.

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    Bankers Face ESG Risk With Potential to Upend Deals, Study Shows

    2022-12-07

    BNN Bloomberg: Investment bankers working on mergers and acquisitions need to review their due diligence processes to ensure deals aren’t upended by an evolving set of ESG risks, according to Berkeley Research Group.

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    Vanguard Quits Net Zero Climate Effort, Citing Need for Independence

    2022-12-07

    Nasdaq: Vanguard is pulling out of a major investment-industry initiative on tackling climate change in order to show that it acts independently and to provide clarity on its views to investors, the world's top mutual fund manager said.

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    Deutsche Bank Investment Boss Wants to ‘Tone Down’ ESG Hype

    2022-12-07

    BNN Bloomberg: The chief executive of Deutsche Bank AG’s investment unit, DWS Group, said it’s time to dial back the “exuberant” language used in ESG sales pitches.

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    Big ESG Funds Are Doing Worse Than the S&P 500

    2022-12-07

    Yahoo Finance: Funds linked to environmental, social and governance principles are by definition supposed to minimize risks tied to those three factors. In 2022, the approach did little to help protect investors from the brutal slide in the financial markets.

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    Activist Bluebell Urges BlackRock to Oust Fink as CEO Over ESG

    2022-12-06

    BNN Bloomberg: Bluebell Capital Partners is calling on BlackRock Inc. to replace Chief Executive Officer Larry Fink over what it says are his failures to move the world’s largest money manager beyond investments in fossil fuels.

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    BlackRock, Vanguard Blasted by GOP Senators for ESG Proxy Voting

    2022-12-06

    BNN Bloomberg: Republicans in the US Senate are amping up efforts to rein in BlackRock Inc., State Street Corp. and Vanguard Group Inc. on environmental, social and governance issues — a preview of a fight looming when the GOP takes control of the House next month.

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