BNN Bloomberg: London-listed companies should have at least 40% women and one non-White director in their boardroom, under the most detailed plans yet from British financial regulators to increase diversity in corporate life.
Citywire Selector: Real assets investment house KGAL Group has hired Susanna Marttila as its new ESG officer, as part of the German group’s plans to accelerate a push into more sustainable investing.
Private Equity Wire: According to a new survey of 140 global LPs conducted by leading independent global placement agent Capstone Partners (Capstone), European investors continue to lead the way on ESG, demonstrating clear objectives and focus when investing in the private markets.
Institutional Asset Manager: The EU published its sustainable finance framework last week, setting out the bloc’s milestones and measures for Europe’s financial sector to show how it is contributing to the goal of net-zero carbon emissions by 2050.
Financial Post: French private-equity firm Ardian SAS is considering raising as much as 2 billion euros ($2.4 billion) for a fund dedicated to green hydrogen, one of the hottest fuels in the energy transition.
BNN Bloomberg: The 598 billion-euro ($707 billion) investment manager said in a statement Thursday that starting in December it will no longer invest in companies that derive more than 30% of their annual revenue from thermal coal extraction, as well as those where more than 30% of their electricity production is based on coal.
Institutional Asset Manager: ESG criteria is an outperformance factor and an essential prerequisite for companies' resistance to crises, according to the latest "SRI & Performance Study by LFDE," conducted by French asset manager La Financière de l'Echiquier (LFDE) for the third consecutive year.
Business Wire: HSBC Asset Management today announces that it is taking a minority stake in Radiant ESG, a US-based, ESG and diversity and inclusion (D&I) focused consulting firm co-founded by Heidi Ridley and Kathryn McDonald, former CEO and Head of Sustainable Investing at Rosenberg Equities, respectively.
Financial Times Adviser: JP Morgan Asset Management (JPMAM) has launched three sustainability-focussed OEICs in what is its first UK thematic offering.
Institutional Asset Manager: Both funds are managed by the experienced Global Balanced Risk Control Team who focus on maintaining a stable risk profile, whilst making tactical allocations across regions and sub-asset classes to add further value.