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

ESG Newsletter

    Companies Face Mini-wave of Plastic Pollution Proposals

    2019-04-05

    IR Magazine: Petrochemical companies are facing pressure to disclose incidents where they have spilled plastic into the ocean, which leads to what is said to be a major source of pollution.

    Read more... 

    Companies Move Towards Greater Workforce Transparency Following Investor Demand

    2019-03-27

    Share Action: 90 global companies, including 21 of the world’s 100 largest firms, have responded to investor calls for more consistent and comparable workforce data – a request aimed at improving the quality of jobs worldwide and helping to tackle inequality and poverty.

    Read more...

    UN Accuses Blackstone Group of Contributing to Global Housing Crisis

    2019-03-26

    The Guardian: The UN’s housing advisor has accused private equity firms and one of the world’s largest corporate residential landlords, Blackstone Group, of exploiting tenants, “wreaking havoc” in communities and helping to fuel a global housing crisis.

    Read more...

    The Importance of the Infrastructure Sector to the Sustainable Development Goals

    2019-03-26

    Forbes: In this post, Bob Eccles will analyze the importance of the infrastructure sector. It’s overall score is 21.4—compared to 36.0 for food and beverage, 32.6 for healthcare, 30.4 for extractives & mineral processing, 28.4 for resource transformation, 23.8 for renewables and alternative energy, 20.1 for consumption—putting it the low end of the sectors he has written about so far.

    Read more... 

    When will we See More Gender Equality in Investing?

    2019-03-25

    Harvard Business ReviewAside from professional sports, the investment business — encompassing investment management, mutual, hedge, private equity, and venture capital funds — might have the lowest percentage of women at the top of the pyramid (at 4%). And women only control between 1% and 3.5% of assets under management, depending on specific class.

    Read more...

    Citi Issues Inaugural Structured Green Bond

     2019-03-25

    Digital Journal: Citi has issued and traded its first structured green bond, distributed by UBS Global Wealth Management. The proceeds will fund green projects in renewable energy, energy efficiency, sustainable transportation, water quality and conservation, and green buildings as defined in Citi’s Green Bond Framework.

    Read more... 

    Goldman Sachs Implements Its Own ‘Rooney Rule’ in Diversity Push

    2019-03-18

    The Wall Street Journal: Managers at Goldman Sachs Group Inc. will be required to interview two diverse candidates for any open job, a push the firm hopes will change its heavily white, male workforce.

    Read more...

    Corporate Reporting Dialogue Announces Market Consultation on Building Better Alignment

    2019-03-14

    CDSB: Participants of the Corporate Reporting Dialogue – an initiative bringing together the major standard setters and framework providers globally – are launching a six-week global consultation process on Wednesday 20 March 2019, to gather views from stakeholders on how to drive better alignment of sustainability reporting frameworks, as well as with frameworks that promote integration between non-financial and financial reporting. 

    Read more... 

    What Does a Paris-compliant Climate Change Strategy Look Like?

    2019-03-05

    GreenBiz: As the 2019 proxy-voting season begins, shareholders have proposed climate change resolutions at seven oil majors — BP, Exxon Mobil, Chevron, Anadarko Petroleum, Hess, Equinor and Shell — asking them to set long-term targets for their operations and products that align with the Paris Agreement. After significant growth in the last two years of shareholder support for climate change resolutions, companies seem to be taking these matters more seriously. But how would a Paris-compliant corporate strategy look? We consider some possibilities here.

    Read more...

    Investing in the World We Want

    2019-03-11

    Top 1000 Funds: This brings new challenges; investing can be daunting for those without specialist knowledge, nobody can know for sure exactly how much they need to save for their retirement, and living for longer means most of us will have to continue managing our investments well beyond retirement.

    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