Industry News: ESG

ESG Goes Up in Smoke at L&G in Handling of Philip Morris’s Vectura Bid

2021-09-16

Evening Standard: LGIM bowed out with a whimper, announcing in a mealy-mouthed statement that it was agreeing to sell its 3.7% stake in the inhaler maker to Philip Morris International (PMI), the manufacturer of Marlboro cigarettes.

DWS Selloff ‘Excessive’ as Greenwashing Hard to Prove, Citi Says

2021-09-13

BNN Bloomberg: The market panic sparked by greenwashing allegations against Deutsche Bank AG’s asset manager DWS Group was “excessive” because regulators will have a hard time proving wrongdoing, Citigroup analysts led by Nicholas Herman said.

Greenwashing a Risk Among a Quarter of UK Equity Funds, Study Finds

2021-09-13

Funds Europe: While the UK funds industry has demonstrated strong progress in ESG risk management in 2021, greenwashing remains a risk, research has suggested.

Investment Managers Want Companies with Sustainable Supply Chains

2021-09-08

Institutional Asset Manager: The report, published today, assesses supply chain sustainability through the lens of the investment manager. The research found that over eight in 10 (85 per cent) investment managers believe that businesses who do not implement supply chain sustainability initiatives will see share prices fall as a result over the next decade.

Schroders Among Asset Managers Failing to Make Best Practice List

2021-09-06

Financial Post: BlackRock, Fidelity and M&G are among 125 firms endorsed under Britain’s tougher best practice code to stop “greenwashing” by asset managers, though Schroders and 63 others failed to make the grade, the Financial Reporting Council said.

Governance Outranks Climate in Pension Scheme Members’ ESG Priorities, Finds LGIM

2021-09-02

Institutional Asset Manager: The UK’s largest asset manager, Legal and General Investment Management (LGIM), has analysed the votes of individual members in its DC pension schemes.

Challenges Ahead as UK Pension Schemes Face Mandatory Climate Reporting

2021-09-01

Institutional Asset Manager: From 1 October, pension schemes with more than GBP5 billion in assets will be required to start reporting on the climate impact of their investments.

Neuberger Berman Creates Europe ESG Role

2021-08-31

Funds Europe: Sarah Peasey is based in London and joins from Legal & General Investment Management (LGIM), where she was head of responsible investment strategy – investments.

Private Equity Touts its ESG Cred but Ups Its Bets On Defense Deals

2021-08-22

Pitchbook: In the same week that Afghanistan's capital, Kabul, fell into the hands of Taliban militants, ushering in a new era of regional instability, two major deals in the defense sector also hit the headlines.

EU’s SFDR Sustainability Framework Remains a “Work in Progress” for Many Fund Managers

2021-08-19

Hedge Week: The implementation of ESG metrics for regulated funds under the EU’s sustainability-focused SFDR framework remains a “work in progress” for many hedge funds and other asset managers, according to fund structuring and governance service provider Waystone.

ESG Newsletter

ESG Goes Up in Smoke at L&G in Handling of Philip Morris’s Vectura Bid

2021-09-16

DWS Selloff ‘Excessive’ as Greenwashing Hard to Prove, Citi Says

2021-09-13

Greenwashing a Risk Among a Quarter of UK Equity Funds, Study Finds

2021-09-13

Investment Managers Want Companies with Sustainable Supply Chains

2021-09-08

Schroders Among Asset Managers Failing to Make Best Practice List

2021-09-06

Governance Outranks Climate in Pension Scheme Members’ ESG Priorities, Finds LGIM

2021-09-02

Challenges Ahead as UK Pension Schemes Face Mandatory Climate Reporting

2021-09-01

Neuberger Berman Creates Europe ESG Role

2021-08-31

Private Equity Touts its ESG Cred but Ups Its Bets On Defense Deals

2021-08-22

EU’s SFDR Sustainability Framework Remains a “Work in Progress” for Many Fund Managers

2021-08-19

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