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ESG Newsletter

    Most Passive Funds Labeled ESG Are Financing Oil, Gas Expansion

    2024-03-19

    BNN Bloomberg: More than two-thirds of passive funds marketed as sustainable are helping finance growth in the fossil-fuel industry, a trajectory that the International Energy Agency has said is incompatible with limiting global warming to the critical threshold of 1.5C.

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    How ESG Due Diligence Lowers Risk and Boosts Value for Private Equity

    2024-03-15

    EY: The modern investment landscape is changing rapidly as environmental , social and governance (ESG) factors become an essential component of investing strategies, especially within the private equity (PE) sector. 

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    3 Big Ways The New SEC Rule Will Change ESG Reporting

    2024-03-14

    GreenBiz: The U.S. Securities and Exchange Commission’s new rule on corporate climate risk disclosure was a disappointment to those who felt it did not go far enough but it nonetheless offers clarity for companies juggling multiple international jurisdictions, sources told GreenBiz.

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    Five Ways Modern Enterprises Can Take Advantage Of ESG

    2024-03-13

    Forbes: Many organizations are becoming deeply familiar with environmental, social and governance (ESG) considerations, responding to a variety of factors ranging from government initiatives aimed at net-zero emissions to public sentiment in favor of ESG practices.

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    80% Foresee Fewer Investment Options Due To ESG Requirements, Study Shows

    2024-03-12

    Funds Europe: A study on investment management professionals in various sectors, including Life Insurers, London Markets (re)insurers, and investment managers, has revealed mounting worries about greenwashing amidst tightening ESG standards.

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    BlackRock Acquires Solar and Storage Portfolio from Excelsior Energy Capital

    2024-03-12

    ESG Today: Renewable energy infrastructure investor Excelsior Energy Capital announced the acquisition by BlackRock of a portfolio of 38 solar energy and battery storage projects.

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    Banks, Hedge Funds Need to Stop Using Sexual Harassment NDAs, UK Lawmakers Say

    2024-03-07

    BNN Bloomberg: Banks and financial firms should be banned from using nondisclosure agreements in workplace sexual harassment disputes because they risk silencing victims while protecting perpetrators, British lawmakers have warned.

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    Financial Services Firms Among Top 10 To Pay Greenwashing Fines

    2024-03-07

    ESG Clarity: Banking and financial firms DWS, Goldman Sachs and BNY Mellon have been featured on a list of firms that have paid the largest corporate fines, settlements and donations over the last 10 years for greenwashing activities.

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    US Banks Abandon ‘Bare Minimum’ Environmental Standards Project, Alarming Climate Groups

    2024-03-05

    The Guardian: Four of the world’s biggest banks have left the Equator Principles, a set of minimum industry standards and safeguards for financial institutions to address environmental and social risks in countries where they finance fossil fuel and mining projects.

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    Companies Walk ESG Tightrope, Under Fire From All Sides Over Disclosures

    2024-02-29

    MSN: Since joining Asahi Group in 2020 as sustainability chief, Preeti Srivastav has helped the Japanese brewer make several environmental and social pledges but has not got it to disclose all its progress.

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