.png?width=200&height=78&name=CH%20Diligence%20(thicker%20line-white).png "CH Diligence (thicker line-white)")
CNBC: Just as many mission-driven fund managers have reconsidered their defense policy in the wake of Russia’s full-scale invasion of Ukraine, an analyst at Goldman Sachs says it is now time for sustainable investors to re-evaluate their approach to oil and gas companies.
ESG Today: Germany’s conservative CDU and CSU parties and the center-left SPD announced a deal for the formation of a new government, and released a coalition agreement that includes the immediate elimination of Germany’s human rights and environmental supply chain due diligence law, the Supply Chain Act (LkSG).
ESG News: The European Securities and Markets Authority (ESMA) has published the findings of its 2024 Common Supervisory Action (CSA) on environmental, social, and governance (ESG) disclosures under the Benchmarks Regulation (BMR).
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.
