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ESG Newsletter

      There’s No Hotter Area on Wall Street Than ESG with Sustainability-focused Funds Nearing $2 Trillion

      2021-04-30

      CNBC: Sustainability-focused funds attracted record inflows during the first quarter, pushing global assets under management in ESG funds to nearly $2 trillion, according to a report from Morningstar released.

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      100 Days Later, Is Sustainable Investing Any Easier?

      2021-04-29

      Institutional Investor: Who the president is matters to sustainable investing. One hundred days into Joe Biden’s presidency, his administration’s executive orders and agency actions have reinstated and advanced an environment that empowers sustainable investing. 

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      How One of Canada’s Largest Pension Funds Is Incorporating ESG in Its Portfolio

      2021-04-29

      Institutional Investor: As allocators and fund managers alike scramble to incorporate diversity and climate change into their strategies, one of Canada’s largest asset owners has released its latest report on how, exactly, a C$365.5 billion pension fund does it.  

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      Goldman, Citi Stave Off Outsize Investor Calls for Racial Audits

      2021-04-29

      BNN Bloomberg: Initial calls for racial audits at Wall Street banks and other corporations were rejected by shareholders, but support was high enough that companies are likely to face increased pressure to agree to future reviews.

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      Wall Street’s Trillion-dollar ESG Club Comes with Huge Tax Perks

      2021-04-23

      BNN Bloomberg: Bank of America Corp. sparked a stir in January -- and a little envy -- with just a few lines of disclosure in its fourth-quarter earnings report.

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      Investors Pressure Corporate America With Record Diversity Push

      2021-04-22

      Financial Post: Shareholders are making their biggest push yet into getting corporate America to look more like America.

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      SEC Targets Greenwashers to Bring Law and Order to ESG

      2021-04-21

      BNN Bloomberg: Since late February, the U.S. Securities and Exchange Commission has issued at least five public statements spelling out the wide variety of climate-related risks facing businesses and investors. It’s also warned the money-management industry about mislabeling ESG funds as being green when they really aren’t at all.

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      Canadian Asset Managers Targeting ESG Boutiques

      2021-04-19

      Investment Executive: Canadian asset managers are targeting boutique firms with environmental, social and governance (ESG) expertise to meet growing investor demand for responsible investing products.

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      RBC Global Asset Management Releases its First Task Force on Climate-related Financial Disclosures Report

      2021-04-19

      Cision: RBC GAM became a formal supporter of the TCFD in 2020 and this report is RBC GAM's first stand-alone disclosure aligned to the TCFD recommendations. The report discloses data and metrics for the portfolios managed by RBC GAM, and demonstrates its commitment to providing clients with transparent and effective reporting on climate change considerations.

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      Confronting One-Dimensional Equity Efforts Within the Investor Community

      2021-04-21 

      GreenBiz: In the aftermath of the George Floyd murder, hundreds of U.S. companies produced statements decrying racism and promoting equity and inclusion. 

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