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ESG Newsletter

    IFRS Foundation Launches Guide to Help Companies Identify, Report Sustainability Risks and Opportunities

    2024-11-19

    ESG Today: The IFRS Foundation announced today the publication of a new guide aimed at helping companies to identify and disclose material information about sustainability-related risks and opportunities that could have an impact on their short- or long-term cash flows, access to finance or cost of capital, and to assess materiality.

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    Trump Threatens ESG Investing That Thrived in His First Term

    2024-11-14

    BNN Bloomberg: When Donald Trump first won the White House in 2016, his victory created one of the all-time best sales pitches for green-minded investment funds: If Washington wasn’t going to push for a transition to cleaner energy to slow climate change, maybe capital markets could.

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    Only 16% of Global Companies on Track for 2050 Net-Zero Goals: Accenture

    2024-11-14

    ESG Dive: The fourth edition of Accenture’s “Destination Net Zero” report found that 45% of G2000 companies are off-track for net-zero and still have increasing emissions. 

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    Hedge Fund Risk Management and Regulation Concerns Rise

    2024-11-13

    Funds Europe: Hedge funds are ramping up spending on risk management as concerns over regulatory pressures and transparency grow, according to research by fintech firm Beacon Platform Inc.

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    Nearly Two-Thirds of Companies not yet Reporting Climate-Related Financial Impact on Financial Statements: EY

    2024-11-13

    ESG Today: Companies globally are only incrementally improving the quality of their climate-related disclosures, with only around a third referencing climate-related financial impact on their financial statements, and nearly sixty percent not yet disclosing transition plans, according to a new study released by global professional services firm EY.

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    80% of Global Financial Regulators Aligned with ISSB, TCFD Recommendations: FSB Report

    2024-11-12

    ESG News: The Financial Stability Board (FSB) has released its 2024 progress report on climate-related financial disclosures, underscoring the strides made by global jurisdictions in implementing International Sustainability Standards Board (ISSB) disclosure standards.

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    SEC Fines Invesco $17.5 Million for Misleading ESG Investing Claims

    2024-11-11

    ESG Today: The U.S. Securities and Exchange Commission (SEC) announced that it has charged global asset manager Invesco for making misleading claims regarding its ESG-related investments, including overstating the proportion of assets under management that integrated ESG considerations.

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    US Green Bond Sales Near Record High, Reaching $550 Billion: BloombergNEF Report

    2024-11-11

    ESG News: The California Community Choice Financing Authority stands out with $6 billion issued in 2024, boosted notably in recent months. This places the Authority among the top global issuers, ahead of China and Canada.

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    Hedge Funds Pile Into Banks, Dump Green Energy Post US Election, Goldman Sachs Says

    2024-11-11

    US News: Hedge funds snapped up bank stocks at the quickest clip in three years while taking bets against renewable electricity producers last week, a Goldman Sachs note showed, as investors reacted to Donald Trump's win in the U.S. presidential election.

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    Ninety One to Adopt SDR Label for Environment Fund

    2024-11-11

    Funds Europe: Investment manager Ninety One’s Global Environment Fund will adopt the new ‘Sustainability Impact’ label under the UK’s financial regulator—the Financial Conduct Authority’s (FCA) Sustainability Disclosure Requirements (SDR) regime—effective December 1, 2024.

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