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ESG Newsletter

    Private Equity Still Investing Billions in Dirty Energy Despite Pledge to Clean Up

    2022-09-13

    The Guardian: Private equity firms pumping billions of dollars into dirty energy projects are exposing investors, including pensioners, to unknown financial risks as the planet burns and governments face escalating pressure to act, new research finds.

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    Fossil-Fuel Assets Creep Higher at $73 Billion Australia Pension

    2022-09-13

    BNN Bloomberg: Australian pensions giant UniSuper Management Pty’s fossil fuel investments have edged higher even as the fund faces heightened pressure to divest from the industry. 

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    Here’s How Managers Are Solving One Diversity Challenge

    2022-09-13

    Institutional Investor: In an asset management industry dominated by white men for decades, it’s no surprise that there aren’t as many women and underrepresented minorities with years of experience. 

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    Former Wholesaler Says Data Platform Will Help Tackle Lack of Diversity in Asset Management

    2022-09-13

    Wealth Management: Devon Drew, founder of DFD Partners, has spent the last 16 years of his career as a wholesaler at various asset management firms, including Vanguard, American Century Investments, Alger and J.P. Morgan Chase. And in those 16 years, he referred some 30 to 40 job candidates and managers from traditionally underrepresented backgrounds—Black and Hispanic among them—to those organizations.

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    FCA Sounds Alarm Over ESG Benchmarks

    2022-09-12

    FT Adviser: In a “Dear CEO” letter released last week (September 8), the FCA’s director of infrastructure and exchanges, Edwin Schooling Latter, said the regulator has concerns over the benchmarks.

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    1,500 Funds Risk Losing Article 9 Status Over Green Investment Level

    2022-09-12

    Funds Europe: Of the 6,000 funds analysed by FE fundinfo, 663 set the minimum level of investment in sustainable opportunities at 0%, while an overwhelming majority left the value blank.

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    Wall Street Hits Back at GOP in ESG war

    2022-09-09

    The Hill: Wall Street giants are defending a widespread initiative to invest in companies with environmentally friendly policies, moving away from investment in the fossil fuel industry following attacks on the practice from GOP leaders.  

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    HIG Capital Appoints Global Head of ESG

    2022-09-08

    Private Equity Wire: HIG Capital has appointed Kim Leinwand Erle as managing director and global head of ESG, a newly created role that reflects the global alternative asset manager's ongoing commitment to the integration of environmental, social and governance best practices across the firm.

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    These Institutional Investors Are Already Paying for Climate Change.They’re Investing to Fix That.

    2022-09-07

    Institutional Investor: Insurance companies have a front row seat to the destruction caused by an increase in the number and intensity of hurricanes, wildfires, and tornadoes. So it stands to reason that they would be ahead on environmental, social, and governance investing — at least when it comes to climate issues. 

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    New Fed Banking Chief Targeting Crypto and Climate Change as Top Priorities

    2022-09-07

    CNBC: The Federal Reserve’s new banking regulator outlined a broad agenda in a speech Wednesday that pushed for action on stablecoins, climate change preparations and both the safety and fairness of the finance industry.

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