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

ESG Newsletter

    S&P Ditches ESG Debt Rating Scores Amid Criticism

    2023-08-08

    Investment Week: Since 2021 the debt rating agency has used a scoring system of one to five to denote a company's ESG-related risk. Five is the lowest grade exposure, one is the highest.

    Read more...

    Nordea AM Fund Alters Diversity Focus and Downgrades to Article 8

    2023-08-08

    ESG Clarity: Nordea Asset Management has renamed and broadened the scope of its Nordea 1 Global Gender Diversity fund to expand its investment universe and focus on engagement. 

    Read more...

    Gensler Pressured By 80 Democrats To Adopt Climate Risk Rule

    2023-08-07

    CFO Dive: Eighty Democrats in the House of Representatives urged SEC Chair Gary Gensler to quickly push through adoption of a proposed rule mandating that companies disclose their carbon emissions and risks from climate change.

    Read more...

    Baillie Gifford Hits Back at Greta Thunberg's 'Greenwashing' Accusations

    2023-08-07

    Investment Week: Thunberg was supposed to appear at the Edinburgh International Book Festival at a panel on climate change scheduled for August 13, but pulled out of the event on August 4. Baillie Gifford is the lead sponsor of the festival.

    Read more...

    Fidelity Appoints Tan as Chief Sustainability Officer

    2023-08-03

    ESG Clarity: Fidelity International has appointed Jenn-Hui Tan as its chief sustainability officer – a new role for the business. Tan, who was previously global head of stewardship and sustainable investing, will be responsible for the firm’s overarching sustainability approach.

    Read more...

    Get Ready For More ESG Lawsuits

    2023-08-02

    GreenBiz: The rise in ESG-related lawsuits and settlements is driving many companies to adjust how they communicate about environmental, social and governance issues. It’s also driving a growing number to consult lawyers and other subject matter experts for guidance. 

    Read more...

    Activists Are Targeting Diverse Boards — And Succeeding

    2023-08-02

    Institutional Investor: Activist hedge funds are paying attention to board diversity — and are using that information to decide on their next targets. New research shows that activist investors are more likely to succeed when boards are less united and slower to act — two characteristics that are common among diverse boards, where members come from different backgrounds and tend to bring different perspectives. 

    Read more...

    Asset Managers Welcome Pause Halting Deep Sea Mining

    2023-08-02

    ESG Clarity: Several asset managers who co-signed a letter urging governments to protect the ocean and not proceed with deep-sea mining, have welcomed a temporary moratorium on the practice.

    Read more...

    Corporate ESG Claims to Soon Face Audits to Address Greenwashing Fears

    2023-08-02

    BNN Bloomberg: The disclosures that companies make about their green credentials will be evaluated by new global audit standards that are expected to be finalized by the end of next year.

    Read more...

    UK Should Streamline Europe’s Key ESG Test, Advisory Group Says

    2023-08-01

    BNN Bloomberg: A cornerstone of the European Union’s sustainable finance package should be streamlined by the UK to make it more useful to the market, according to the expert panel advising the government. 

    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