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

ESG Newsletter

    Hiring Slows For Engagement Roles At Asset Managers

    2023-11-22

    ESG Clarity: Engagement progress is stalling in many parts of the industry with 30% of companies unable to evidence that ESG is driving specific changes, while hiring for engagement and stewardship roles has come to a standstill.

    Read more...

    ESG Targets of Europe’s 20 Biggest Banks Slammed in New Report

    2023-11-21

    BNN Bloomberg: The green finance targets of European banks are falling well short of what is needed, according to a fresh study by ShareAction. An analysis by the UK-based nonprofit that examined the green finance claims of the 20 biggest lenders spread across the European Union, the UK, Switzerland and Norway found that “targets and disclosures aren’t fit for purpose and could lead to misleading claims.”

    Read more...

    North American Companies at Greatest Risk of Violating UN Environmental Standards, New Research Finds

    2023-11-21

    PR Newswire: ESG Book, a global leader in sustainability data and technology, released new research showing that companies in the United States and Canada are three times more likely to risk violating United Nations environmental standards compared to other regions worldwide.

    Read more...

    Schroders Reit Changes Objective To Improve Green Credentials Amid NAV Dip

    2023-11-21

    ESG Clarity: Schroders Reit has published a circular outlining changes in its strategy to improve sustainability and implement decarbonization measures. The £466m trust, which owns 40 properties, said it is proposing amendments to the investment objective and the investment management agreement.

    Read more...

    MSCI Accused of ‘Conflicts of Interest’ in ESG Ratings

    2023-11-21

    ETF Stream: MSCI awards higher ESG ratings to top-performing stocks in a bid to make its index offerings appear more attractive, according to new academic research. 

    Read more...

    FCA Finds ESG Funds ‘Not Meeting Expectations’

    2023-11-16

    ESG Clarity: Sustainable and ESG fund holdings and stewardship activities in the UK are not meeting the Financial Conduct Authority’s (FCA) sustainability guiding principles, the regulator has said ahead of the publication of its Sustainability Disclosure Requirements (SDR).

    Read more...

    Canadian SMBs Most Likely To Struggle With Understanding ESG Reporting Standards

    2023-11-16

    GlobeNewswire: Canadian SMBs are grappling to keep up with the jargon and technical expertise of sustainability reporting and standards, according to Sage, the leader in accounting, financial, HR, and payroll technology for small and mid-sized businesses (SMBs).

    Read more...

    Quebec is Improving Representation of Women in Investment Funds Industry

    2023-11-16

    Wealth Professional: The Capital femmes analysis by Réseau Capital reveals that 65% of the surveyed investment firms include at least one woman partner and women partners make up 25% of all the partners in investment firms. The data is cumulative between 2010 and 2022.

    Read more...

    Investors And Executives See ESG As Key To Future Strategy

    2023-11-15

    Funds Europe: Bloomberg Intelligence's inaugural ESG Market Navigator survey, in collaboration with Bloomberg New Economy, reveals a strong commitment to ESG principles among investors and C-suite executives, despite current geopolitical and macroeconomic challenges.

    Read more...

    How Auditors Can Use Generative AI For ESG Audits

    2023-11-15

    Forbes: With the rise in popularity of ChatGPT, the business world has been examining new possibilities of generative AI (GenAI). One area that shows a lot of potential for GenAI is in the audit landscape, particularly in streamlining the intricacies of environmental, social and governance (ESG) audits.

    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