.png?width=200&height=78&name=CH%20Diligence%20(thicker%20line-white).png "CH Diligence (thicker line-white)")
Top 1000 Funds: The gender gap in modern day companies begins in the preferences of CEOs developed during seminal years and produces significant real effects including reduced productivity and company performance according to a new academic study.
Financial Times: Many of the world’s biggest investors have long supported calls for companies to spell out their carbon emissions. But a growing number of large asset managers are going a step further, warning they will actively punish board executives at companies that do not improve their pollution disclosure. [Full article available to Financial Times subscribers.]
Opalesque: Probable sexual harassment at fund portfolio management firms is an increasingly important concern for institutional investors as they seek to allocate assets.
Bloomberg: There’s been a lot of attention given lately to ESG investing, but not always a lot of explanation. What the E in ESG stands for is easy to guess -- environmental. The G, governance, is harder to remember but at least is specific. The S on the other hand, is neither easy to guess or pin down: social.
GreenBiz: Alas, sustainability reporting teams, the complex array of frameworks for companies to frame and disclose environmental, social and governance (ESG) issues for external stakeholders won’t become simpler overnight. But the role of different, sometimes competing standards is becoming clearer.
Top 1000 Funds: Impact investment and its combination of financial returns and social or environmental purpose is beginning to move from fringe to the financial mainstream. It is part of a natural trajectory in the evolution of ESG investment first seen back in the 1800s when Quakers developed screens on slavery and tobacco investments. More recently, investors have focused on corporate social responsibility and today they have an increasing eye on impact combining intention and measurement.
Institutional Investor: The sheer volume of data available tracking companies’ environmental, social and governance standings has exploded in recent years. But the ESG conclusions that can be drawn from the information are still limited, according to a white paper published Thursday by Generation Investment Management.
Financial Times: When the private equity executive Lise Fauconnier led Ardian’s investment in logistics specialist Staci in October, acquiring a majority stake, it was not just another feather in the cap for an experienced investor with an impressive record. The managing director’s success was also another example of the efficacy of gender diversity in executive teams in buyout and growth operations. [Full article available to Financial Times subscribers.]
The Guardian: Here’s a good question for Larry Fink, the BlackRock billionaire, to address when he dispatches his lofty annual “dear CEO” letter in the new year. Is his firm guilty of “greenwashing”? In other words, is the world’s biggest fund manager, with an astonishing $7tn of assets under its roof, posing as a pioneer of climate activism while actually dragging its feet?
IPE: There is no doubt that the ideas behind ESG have become mainstream in the world of private equity. What the implications are though, and differentiating ‘greenwashing’ from truly positive impact investing, remain challenges for both investors and general partners (GPs).
Castle Hall helps investors build comprehensive due diligence programs across hedge fund, private equity and long only portfolios More →
Montreal
1080 Côte du Beaver Hall, Suite 904
Montreal, QC
Canada, H2Z 1S8
+1-450-465-8880
Halifax
168 Hobsons Lake Drive Suite 301
Beechville, NS
Canada, B3S 0G4
Tel: +1 902 429 8880
Manila
10th Floor, Two Ecom Center
Mall of Asia Complex
Harbor Dr, Pasay, 1300 Metro Manila
Philippines
Sydney
Level 15 Grosvenor Place
225 George Street, Sydney NSW 2000
Australia
Tel: +61 (2) 8823 3370
Abu Dhabi
Floor No. 15 Al Sarab Tower,
Adgm Square,
Al Maryah Island, Abu Dhabi, UAE
Tel: +971 (2) 694 8510
Copyright © 2021 Entreprise Castle Hall Alternatives, Inc. All Rights Reserved.
Terms of Service and Privacy Policy