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ESG Newsletter

      Researchers Set Out to Determine How Much Endowments Invest with Diverse Managers. Most Refused to Participate.

      2022-06-30

      Institutional Investor: Thirty-four of the wealthiest colleges and universities in the U.S. declined to participate in a Knight Foundation study looking at the diversity of the asset management firms managing their endowments. 

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      Riverside Names First Sustainability Officer

      2022-06-27

      Funds Europe: The Riverside Company has appointed Dörte Höppner as its first chief sustainability officer. In the newly created role, Höppner will be tasked with overseeing the private investment firm’s global ESG initiatives.

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      BlackRock Calls on SEC to Change Climate-Risk Disclosure Plan

      2022-06-21

      BNN Bloomberg: BlackRock Inc. is pushing back on key parts of the US Securities and Exchange Commission’s bid to get publicly traded companies to track and disclose their greenhouse gas emissions.

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      U.S. SEC Investigating Goldman Sachs Over ESG Funds - WSJ

      2022-06-10

      U.S. News: The U.S. Securities and Exchange Commission is looking into Goldman Sachs Group Inc's asset-management division over its funds that look to invest based on environmental, social and governance (ESG) standards, the Wall Street Journal reported.

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      Bulk of US Venture Investors Want to Back Minority-Run Firms

      2022-06-08

      BNN Bloomberg: The majority of US and Canadian-based venture capital investors are planning to back funds with exposure to female founders, a sign that male-dominated capital allocation might start to shift.

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      BlackRock Debuts Ad Campaign to Burnish Image as It Faces ESG Scrutiny

      2022-06-06

      BNN Bloomberg:  BlackRock Inc., facing political scrutiny over its stance on environmental, social and governance investing and its outsize influence in business, is on a mission to re-introduce itself to Washington.

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      ESG Market in Canada Faces Greenwashing Risks Due to Poor Data

      2022-06-02

      BNN Bloomberg: The poor quality of sustainability-related data is making it harder for market experts in Canada to establish the real effect of investments labeled as green, according to a survey by the Institute for Sustainable Finance.

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      ESG Equity Funds Experienced Record Month of Outflows in May

      2022-06-01

      BNN Bloomberg: After more than three years of inflows, investors are now pulling cash out of US equity exchange-traded funds with higher environmental, social and governance standards. May saw $2 billion of outflows from ESG equity funds, according to data from Bloomberg Intelligence -- the biggest monthly cash pullback ever.

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      Green Still Grey Area for ESG Investors Despite Mounting Scrutiny by Watchdogs in U.S. and Canada

      2022-06-01

      Financial Post: Regulators in Canada and the United States are pushing ESG funds to disclose more information to weed out “greenwashing” and other misleading practices, but a lack of standardized terms and metrics mean those buying the funds must still be wary, investor advocates say.

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      Churchill Appoints Head of Sustainability and ESG Integration

      2022-05-31

      Private Equity Wire: Churchill Asset Management, an investment-specialist of Nuveen which provides customised financing solutions to private equity firms and their portfolio companies, has appointed Mickey Weatherston as principal, head of sustainability and ESG Integration.

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