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

ESG Newsletter

    North American Individuals Surpass Europeans At ESG Adoption

    2021-11-15

    Funds Europe: North American individual investors lead Europeans at ESG investment, according to research from Natixis Investment Management that revealed 28% of North American investors held ESG investments compared to 22% of European investors. 

    Read more...

    Carney Tells Net-Zero Investors They Won’t Face Lower Returns

    2021-11-05

    BNN Bloomberg: Mark Carney, the former governor of the Bank of England and the co-chair of the Glasgow Financial Alliance for Net Zero, said there’s no reason investors pursuing low-carbon strategies should have to make do with lower returns.

    Read more...

    FCA Revamps ESG Strategy to Support Sustainable Future for UK Financial Sector

    2021-11-05

    Institutional Asset Manager: The FCA has therefore, outlined a revamped ESG strategy which will develop clear standards for sustainability, diversity and net-zero targets, build high quality information for market participants and financial services firms to rely on, and create a well-functioning ecosystem that ensures firms take ESG seriously, deliver on promises and avoid ‘Greenwashing’.

    Read more...

    Ackman Says Central Banks Haven’t Weighed ESG’s Inflation Impact

    2021-11-04

    Yahoo Finance: Pershing Square Capital Management’s founder Bill Ackman has thrown his hat into the inflation debate that has been simmering on social media amongst influential newsmakers including Cathie Wood and Elon Musk.

    Read more...

    Global Hedge Fund Personnel Hiring Still Mostly White Men

    2021-11-04

    Management Training News: Analysis of more than 4,300 hedge fund changes between July 1, 2020 and the 30% of hedge fund employees at all levels and in all functions in the US were male, compared with 74% in Europe / UK and 69% in Asia.

    Read more...

    Asset Managers Face Obstacles On the Road to Net Zero

    2021-11-03

    Institutional Investor: Against the backdrop of COP26, the 2021 UN Climate Change Conference in Glasgow, Scotland, a number of institutional investors — including prominent endowments at universities such as BU, Cornell, Dartmouth, Harvard, Loyola Chicago, UC Berkeley, and the University of Minnesota — have begun to divest from carbon-intensive assets

    Read more...

    Hedge Fund Tycoon Paul Marshall Pledges GBP50 Million for LSE Social Impact Initiative

    2021-11-03

    Hedge Week: The Marshall Impact Accelerator – which is being unveiled on finance day at the COP26 climate summit in Glasgow and is scheduled to launch in spring next year – will provide philanthropic capital for innovative social ventures spanning environment, health, social inequality, public policy and developmental economics challenges.

    Read more...

    FINRA’s Eileen Murray Says Government Needs to Regulate ESG for There to Be A Real transformation

    2021-11-03

    CNBC: While much of the world has been focused on environmental, social, and governance issues over the past few years, more recently, cracks are starting to show in the way companies are working to solve ESG challenges. 

    Read more...

    Three-quarters of Institutional Investors Say They May Divest from Companies with Poor Environmental Track Records

    2021-11-03

    EY: A burgeoning number of institutional investors around the world are placing greater emphasis on ESG performance in their decision-making and 74% are now more likely to divest from companies with poor ESG track records. However, concrete action is still lacking, and there is an urgent need for better quality disclosure from companies, according to the 2021 EY Global Institutional Investor Survey (pdf).

    Read more...

    BlackRock Raises $673 Million for Climate-Focused Infrastructure Fund

    2021-11-02

    U.S. News: BlackRock Inc told Reuters it has raised a target-beating $673 million for an infrastructure fund with backing from the French, German and Japanese governments to invest in climate-focused projects such as renewable energy in emerging markets.

    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