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

ESG Newsletter

      Why Private Equity Can Lead on Sustainability

      2022-06-23

      Top 1000 Funds:new HBR paper, “Private Equity Should Take the Lead in Sustainability” by Robert Eccles, Vinay Shandal, David Young and Benedicte Montgomery argues how – and why – the private equity must lead on integrating sustainability.

      Read more...

      Forty Two Percent of AUM Across Private Capital is Managed by Funds That Have an Active ESG Policy

      2022-06-23

      Private Equity Wire: Preqin, a specialist in alternative assets data, tools, and insights, has published its annual Environmental, Social, and Governance (ESG) report – ESG in Alternatives 2022: The Transparency Tipping Point – which reveals that 42% of AUM across private capital currently, is managed in funds that employ an active ESG policy.

      Read more...

      LPs Are Turning Down Alternatives Managers Over ESG Concerns

      2022-06-23

      Institutional Investor: A quarter of limited partners surveyed by Preqin said they have turned down an investment opportunity due to concerns over ESG standards, according to the research firm’s latest report on environmental, social, and governance investing, expected to be released. Another 39 percent of limited partners said they are prepared to do the same if necessary.

      Read more...

      ESG Regulation is Advancing – but Regulators Are Out-of-step

      2022-06-22

      Private Equity Wire: Sustainable finance rules for fund managers are evolving quickly, but there is a risk of global divergence as regulators in Europe, US and UK move ahead with new plans. In a survey of the industry by Private Equity Wire, around eight out of 10 respondents expected ESG to be an area of greater regulatory focus, within a list of other priorities.

      Read more...

      Top ESG Fund Manager Trounces Peers by Hoarding ‘Unloved’ Assets

      2022-06-22

      BNN Bloomberg: One of this year’s top-performing managers of so-called sustainable funds has relied on assets that aren’t normally associated with environmental, social and governance investing, in a strategy that’s ended up trouncing his peers.

      Read more...

      Stronger ESG Risk Mitigation Practices Linked to Better Shareholder Returns

      2022-06-22

      Moody's Analytics: Companies that develop more responsible Environmental, Social, and Governance (ESG) practices and strive to mitigate ESG risks experience fewer ESG-related controversies and generate better shareholder returns. These are the key findings of two new research studies released by Moody’s Analytics showing that ESG risk management policies and actions, and the ESG scores that measure them, contain financially relevant information for investors.

      Read more...

      Brookfield Raises Record $15 Billion For Inaugural Global Transition Fund

      2022-06-22

      Globe Newswire: Brookfield announced that it has reached the final institutional close for the Brookfield Global Transition Fund (“BGTF” or “the Fund”) with total capital raised of $15 billion, making it the world’s largest private fund dedicated to facilitating the global transition to a net-zero carbon economy. The $15 billion includes investments from institutional investors in and alongside the Fund, as well as amounts reserved for the private wealth channel.

      Read more...

      BlackRock Calls on SEC to Change Climate-Risk Disclosure Plan

      2022-06-21

      BNN Bloomberg: BlackRock Inc. is pushing back on key parts of the US Securities and Exchange Commission’s bid to get publicly traded companies to track and disclose their greenhouse gas emissions.

      Read more...

      U.S. SEC Investigating Goldman Sachs Over ESG Funds - WSJ

      2022-06-10

      U.S. News: The U.S. Securities and Exchange Commission is looking into Goldman Sachs Group Inc's asset-management division over its funds that look to invest based on environmental, social and governance (ESG) standards, the Wall Street Journal reported.

      Read more...

      Green Investment Scam Duo Found Guilty

      2022-06-08

      ESG Clarity: Andrew Nathaniel Skeene and Junie Conrad Omari Bowers have been found guilty of conspiracy to defraud and misconduct in the course of winding up a company at Southwark Crown Court, International Adviser reports.

      Read more...