Learn More
<https://castlehalldiligence.com>
shutterstock_375019411

ESG Newsletter

    Al Gore’s Investment Firm Warns Against Emerging-Market Exodus

    2022-03-28

    BNN Bloomberg: Generation Investment Management LLP is warning of the risks associated with a broad-based retreat from emerging markets, as Russia’s war on Ukraine leaves some investors rethinking their exposure.

    Read more...

    Central Banks Must Add Biodiversity to Financial Stability Risks

    2022-03-24

    BNN Bloomberg: Biodiversity loss poses a “significant and under-appreciated” threat to financial stability and its status needs to be elevated by regulators, according to a study by central bankers, financial supervisors and academics.

    Read more...

    Exclusive-Goldman Sachs Pushes Directors for More Climate Data

    2022-03-24

    U.S. News: Goldman Sachs' big asset-management arm will take a harder line in voting on directors at companies that do not disclose enough about their greenhouse gas emissions, an executive said, adding to the pressure on business leaders to provide more climate-impact data.

    Read more...

    Just A Third of Largest Banks Have Set Robust 2030 Climate Goals

    2022-03-24

    BNN Bloomberg: Most of the world’s largest banks and asset managers are failing to set concrete climate targets for 2030, raising concern that global finance is kicking the can down the road when it comes to greening the industry.

    Read more...

    Carlyle Establishes DEI Leadership Network of Portfolio Company CEOs

    2022-03-24

    Private Equity Wire: As part of its long-standing commitment to embedding diversity, equity, and inclusion (DEI) across its spheres of influence, Carlyle has created the Carlyle DEI Leadership Network, a coalition of the firm’s portfolio company CEOs around the globe to develop a peer group for shared resources, insights, and learnings to advance diversity, equity and inclusion within their respective companies.

    Read more...

    Half of All Funds Labelled 'Climate Focused' Don't Use A Climate Index Benchmark

    2022-03-24

    Funds Europe: New research from Pensions for Purpose suggests that active asset managers opt for an easy life as most do not use climate benchmarks, despite their funds being labelled as 'climate-focused'.

    Read more...

    ESG Benchmarks Need to Be More Standardized, Says S&P Global CEO

    2022-03-23

    CNBC: Environmental, social and governance, or ESG, ETFs may have picked up in popularity in the last few years, but investors are still confused when it comes to understanding the nuances of a fund’s ESG factors. One solution may be standardizing the criteria used for each fund.

    Read more...

    Finance Industry’s Climate Promises Leave Plenty of Room for Oil and Gas

    2022-03-22

    BNN Bloomberg: Fewer than half of 150 major financial institutions have restricted their business with the oil-and-gas sector, even though many of them have made high-profile pledges to reduce their contribution to climate change, according to new research by the Paris-based nonprofit Reclaim Finance.

    Read more...

    Why ESG Funds 'Shockingly' Buy Russian Oil Instead of Canadian Crude

    2022-03-22

    Yahoo Finance: Russia's war on Ukraine continues to expose uncomfortable realities for environmental, social and governance-focused (ESG) investments, prompting calls for the asset management industry to rethink the loosely-defined term as analysts point to "shocking" holdings within some funds.

    Read more...

    SEC Proposes Rules to Enhance and Standardize Climate-Related Disclosures for Investors

    2022-03-21

    SEC: The Securities and Exchange Commission today proposed rule changes that would require registrants to include certain climate-related disclosures in their registration statements and periodic reports, including information about climate-related risks that are reasonably likely to have a material impact on their business, results of operations, or financial condition, and certain climate-related financial statement metrics in a note to their audited financial statements.

    Read more...

    About Castle Hall Diligence

    Castle Hall helps investors build comprehensive due diligence programs across hedge fund, private equity and long only portfolios More →

    Subscribe to Weekly ESG Updates