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

ESG Newsletter

    Goldman Investment Arm Joins Firms Quitting Major Climate Club

    2024-08-13

    BNN Bloomberg: The asset management unit of Goldman Sachs Group Inc. has walked away from the world’s biggest climate alliance for investors, marking the latest in a string of similar defections amid continued Republican Party attacks on green finance.

    Read more...

    U.S. SEC Defends its Authority for Climate Disclosure Rule in Court

    2024-08-09

    ESG News: The U.S. Securities and Exchange Commission (SEC) is staunchly defending its climate disclosure rule in court, asserting that the rule is vital for providing investors with critical information on climate-related risks. 

    Read more...

    Fund Managers Must Bring in Cross-Function ESG Generalists to Boards, Expert Says

    2024-08-09

    Future CFO: According to an industry expert, Scott Lane, CEO and Founder of Speeki, a full-service ESG and sustainability reporting and management partner to large multinationals, fund managers and corporates must bring in cross-function ESG generalists to boards, rather than experts with a narrow expertise in sustainability or diversity.

    Read more...

    Wall Street Banks Score Win in Anti-ESG Louisiana Debt Spat

    2024-08-08

    BNN Bloomberg: The public finance desk at Wells Fargo & Co., Bank of America Corp., JPMorgan Chase & Co. and other Wall Street banks just sidestepped a potential ESG fight in Louisiana. In a quick meeting that lasted less than 10 minutes, members of the state’s bond commission approved the firms as part of a group of managers that the state can hire on debt deals.

    Read more...

    Britain to Propose Law Next Year to Regulate ESG Raters

    2024-08-08

    Yahoo Finance: Britain said it would propose a law next year to regulate raters of company environmental, social and governance (ESG) performance, whose benchmarks help channel billions of dollars into sustainability-focused investment funds.

    Read more...

    Blackstone Acquires Majority Stake in Renewable Energy-Focused E&C Firm Westwood

    2024-08-07

    ESG Today: Alternative investment manager Blackstone’s energy-focused private equity business, Blackstone Energy Transition Partners, announced the acquisition of a majority stake in renewables and power infrastructure-focused engineering and consulting firm Westwood Professional Services.

    Read more...

    Financial Performance Main Motivator Behind ESG Strategies For First Time

    2024-08-07

    Yahoo Finance: Businesses believe the desire to improve financial performance should be the single most significant factor behind companies introducing environmental, social and governance (ESG) strategies for the first time, a new survey has found.

    Read more...

    Nuveen Climate Fund Invests $20 Million in e-waste Circularity Solutions Provider Onepak

    2024-08-07

    ESG Today: Digital supply chain and reverse logistics provider Onepak announced that it has raised $20 million from the Private Equity Impact team at asset manager Nuveen, aimed at developing and scaling its platform for facilitating e-waste circularity.

    Read more...

    US Acknowledges 68% of Corporate Leaders are Involved in Greenwashing Practices: ERM

    2024-08-05

    ESG News: A recent report by Environmental Resources Management (ERM) highlights a significant issue within the ESG rating market: greenwashing. According to the study, 68% of corporate leaders in the United States admit to engaging in greenwashing practices.

    Read more...

    Bill Gates’ Climate VC Breakthrough Energy Raises $839M, 2024’s Largest in the Sector

    2024-08-05

    ESG News: Breakthrough Energy Ventures (BEV), backed by Bill Gates, has secured $839 million for its third flagship fund, BEV III, according to a recent regulatory filing. This makes it the largest climate fund raised so far in 2024.

    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