.png?width=200&height=78&name=CH%20Diligence%20(thicker%20line-white).png "CH Diligence (thicker line-white)")
Funds Europe: The European market for evergreen private markets funds, excluding ELTIFs, continues its steep upward trajectory, with assets under management (AUM) growing from €53.1 billion in Q3 to nearly €63 billion in Q4 2024.
ESG Today: J.P. Morgan Asset Management’s timberland investment advisory company Campbell Global announced that it has raised $1.5 billion at the close of its responsible forest management-focused Forest & Climate Solutions Fund II.
ESG Dive: Major oil producers have faced a mixed bag defending against state climate litigation. Oil companies have had lawsuits initiated by the states of New Jersey and New York dismissed this year. However, industry bids to dismiss lawsuits filed by the states of California and Connecticut and the county and city of Honolulu, Hawaii have been unsuccessful thus far.
Institutional Investor: Aristides Capital may be the first hedge fund to open an office in Canada under the new administration — and not because of Trump’s tariff policy, even though CEO Claire Brown thinks those don’t make any sense at all.
Yahoo Finance: The cumulative global market for green, social, sustainability and sustainability-linked bonds reached $4.4 trillion in 2023, according to market data from international nonprofit the Climate Bonds Initiative.
ESG Today: China’s Ministry of Finance (MOF) issued the country’s inaugural sovereign green bond, raising RMB 6 billion (USD$824 million) to support projects and initiatives aimed at achieving environmental objectives ranging from climate change mitigation and adaptation to natural resource and biodiversity conservation.
Funds Europe: Article 9 funds saw net outflows in 2024, highlighting growing investor hesitation and sparking calls for a more accessible sustainable finance framework, according to the European Fund and Asset Management Association’s (Efama) research.
MSN: Deutsche Bank’s asset-management arm DWS Group agreed to pay 25 million euros, equivalent to $27 million, to settle an investigation by German prosecutors into allegations of greenwashing.
ESG News: The European Parliament has voted to adopt the European Commission’s “stop-the-clock” directive, delaying implementation timelines for key sustainability regulations: the Corporate Sustainability Reporting Directive (CSRD) and the Corporate Sustainability Due Diligence Directive (CSDDD).
ESG Today: Asset managers Mirova, Robeco, and Edmond de Rothschild AM and sustainability-focused consulting firms I Care by BearingPoint and BCG’s Quantis announced the launch of the Avoided Emissions Platform (AEP), a new tool aimed at enabling investors and companies to assess and compare the decarbonization impact of different climate solutions.
