
ESG Clarity: Longstanding employees in the financial services sector say diversity, equity and inclusion (DEI) has deteriorated in the past 12 months, according to a survey.
BNN Bloomberg: In recent years, many of the world’s biggest banks have published reports chronicling the vast sums they say they’re channeling into environmental and social activities.
Funds Europe: ESG underperformance last year is seen by pension funds as a “temporary setback”, and they intend to pursue investment strategies that seek environmental and social outcomes while also making money, research suggests.
ESG Clarity: “This is an important moment in our industry’s efforts to build greater confidence and trust among retail investors in the UK’s evolving sustainable investing market,” said James Alexander, chief executive of UKSIF, echoing the sentiments and general positivity among the investment community in the wake of the Financial Conduct Authority (FCA) launching their much-anticipated Sustainability Disclosure Requirements (SDR).
GreenBiz: Global government and private sector leaders are descending on Dubai as COP28 kicks off. Finding a consensus on how to fix climate finance is high on the conference agenda.
Forbes: Climate change has emerged as one of the gravest concerns facing mankind. While scientists agree that temperature rise must be kept to 1.5°C to avoid the most dire repercussions, the world is on track to see a 2.8°C rise by the end of the century.
BNN Bloomberg: A decline in the US has resulted in an overall slide in the global market for ESG investing. That’s according to the latest assessment by the Global Sustainable Investment Alliance (GSIA), which provides updates on the size of the market every two years.
Yahoo Finance: All businesses should be forced to embrace the environmental, social and governance (ESG) movement, New Labour’s favourite think tank has argued in an attack on the profit motive.
ESG Clarity: 2023 looks set to be another record breaking year for global temperatures, playing witness to numerous severe weather events.These bring with them tragic loss of human life and provide very tangible evidence of the impact climate change is having on the planet and society.
GreenBiz: Companies are undermining their net zero climate pledges with corporate lobbying and trade association memberships, a new report from the London nonprofit InfluenceMap warns.
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