.png?width=200&height=78&name=CH%20Diligence%20(thicker%20line-white).png "CH Diligence (thicker line-white)")
GreenBiz: The Science Based Targets initiative will requires banks and other financial institutions setting science-based targets for emissions reductions to phase out most coal-related activities by 2030 and publicly declare when they’ll stop financing companies and projects that don’t align with the Paris Agreement goal to hold global temperature increases under 1.5 degrees Celsius.
MSN: On March 26, 2024, BlackRock CEO Larry Fink caused quite a stir. His annual chairman’s letter to investors was in the news for what it did not have. Conspicuous by its absence was the mention of the term ESG (environment, social, and governance).
Yahoo News: House Republicans are blasting Wall Street firms over climate-minded investing, the latest flare in the party’s criticism over environmental, social and governance (ESG) investing.
ABC: The first of four days of climate activists making their voices heard kicked off in Manhattan. The activists call the shutdowns "The Summer of Heat on Wall Street." They say it's a months-long campaign to hold protests to push Wall Street to stop funding oil, coal, and gas.
ESG Today: Two-thirds of funds in the EU labelled with sustainable or ESG-related terms may need to sell assets or change their names to align with new anti-greenwashing rules, with stock divestments of as much as $40 billion if all were to keep their names, according to a new report released by investment research firm Morningstar.
Funds Europe: BNP Paribas Asset Management, Federated Hermes Limited, Mirova, Robeco, and Storebrand Asset Management have issued a joint statement calling on ESG data providers to enhance their data offerings on ocean-related risks and opportunities at the project and issuer level.
Cointelegraph: It’s no secret that the crypto industry is facing an uphill battle on its journey to access the masses, and the lack of a relatable narrative stands as a major challenge to tackle.
BNN Bloomberg: The US stock market has emerged as the most exposed to divestment after the European Union unveiled new rules limiting how freely asset managers can attach ESG labels to their funds.
Funds Europe: Despite speculation and allegations of greenwashing or ESG fatigue among investment companies, most firms remain keen to improve their sustainability efforts, according to a survey.
ESG Today: A federal court in Australia ruled that superannuation fund Active Super trustee LGSS Pty Limited contravened the law by making misleading ESG investing representations to its members, by continuing to invest in securities in areas that it had claimed to eliminate for environmental or social reasons.
Castle Hall helps investors build comprehensive due diligence programs across hedge fund, private equity and long only portfolios More →
Montreal
1080 Côte du Beaver Hall, Suite 904
Montreal, QC
Canada, H2Z 1S8
+1-450-465-8880
Halifax
168 Hobsons Lake Drive Suite 301
Beechville, NS
Canada, B3S 0G4
Tel: +1 902 429 8880
Manila
10th Floor, Two Ecom Center
Mall of Asia Complex
Harbor Dr, Pasay, 1300 Metro Manila
Philippines
Sydney
Level 15 Grosvenor Place
225 George Street, Sydney NSW 2000
Australia
Tel: +61 (2) 8823 3370
Abu Dhabi
Floor No. 15 Al Sarab Tower,
Adgm Square,
Al Maryah Island, Abu Dhabi, UAE
Tel: +971 (2) 694 8510
Copyright © 2021 Entreprise Castle Hall Alternatives, Inc. All Rights Reserved.
Terms of Service and Privacy Policy