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

ESG Newsletter

    FCA Closer to Regulating ESG Data and Ratings

    2022-07-01

    ESG Clarity: The regulation of ESG data and ratings appears to be a step closer to enforcement after UK regulator the Financial Conduct Authority (FCA) stated there is a “clear rationale” for the regulation of ESG ratings, following feedback from the market.

    Read more...

    Over Half of Private Capital Fund Investors Now Expect Daily ESG Fund Updates

    2022-06-29

    Private Equity Wire: Intertrust Group’s most recent report, The future private capital CFO: Unleashing potential in the ESG era, found that more than 40% of private capital investors are looking for live updates on portfolio performance, while around 55% will be looking for either live or daily updates on ESG performance – 10% higher than anticipated by CFOs.

    Read more...

    Riverside Names First Sustainability Officer

    2022-06-27

    Funds Europe: The Riverside Company has appointed Dörte Höppner as its first chief sustainability officer. In the newly created role, Höppner will be tasked with overseeing the private investment firm’s global ESG initiatives.

    Read more...

    European ESG Assets to Reach €9 Trillion by 2025

    2022-06-27

    Funds Europe: European-domiciled ESG assets are poised to reach a value of between €7.4 trillion and €9 trillion by 2025, according to research by PwC Luxembourg.

    Read more...

    Green Investment Scam Duo Found Guilty

    2022-06-08

    ESG Clarity: Andrew Nathaniel Skeene and Junie Conrad Omari Bowers have been found guilty of conspiracy to defraud and misconduct in the course of winding up a company at Southwark Crown Court, International Adviser reports.

    Read more...

    EU Agrees ‘Landmark’ 40% Quota for Women on Corporate Boards

    2022-06-07

    The Guardian: After 10 years of stalemate over the proposals, EU lawmakers hailed a “landmark” deal for gender equality. As well as the legally binding target, companies could also be fined for failing to recruit enough women to their non-executive boards and see board appointments cancelled for non-compliance with the law.

    Read more...

    African Pension Funds Lead the Way on ESG

    2022-06-02

    African Business: Discussion on attracting much-needed investment into Africa has generally focused on non-African sources: foreign firms, multilateral financial institutions and non-African institutional investors. Yet far greater attention is now being paid to investment funds based within the continent itself. 

    Read more...

    CEO of Deutsche Bank's Asset Manager Steps Down After 'Greenwashing' Raid

    2022-06-01

    CNN Business: The chief executive of top German asset manager DWS will step down next week, he said on Wednesday, a day after raids by prosecutors over allegations that the company misled investors about "green" investments.

    Read more...

    Vanguard Commits $290 Billion of Assets to Be Net-Zero by 2050

    2022-05-26

    U.S. News: Vanguard, the world's second-biggest asset manager, said it expects nine funds managing $290 billion to reach the world's climate goal by 2050 and be at least half way there by 2030, drawing criticism from campaigners for a lack of ambition.

    Read more...

    Financial Risks of Climate Change Overplayed, Senior HSBC Banker Says

    2022-05-19

    U.S. News: Central bank policymakers and other global authorities are exaggerating the financial risks of climate change, a senior HSBC banker in charge of sustainable investments said in remarks that drew criticism from climate activists.

    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