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

ESG Newsletter

    US Green Bond Sales Near Record High, Reaching $550 Billion: BloombergNEF Report

    2024-11-11

    ESG News: The California Community Choice Financing Authority stands out with $6 billion issued in 2024, boosted notably in recent months. This places the Authority among the top global issuers, ahead of China and Canada.

    Read more...

    Hedge Funds Pile Into Banks, Dump Green Energy Post US Election, Goldman Sachs Says

    2024-11-11

    US News: Hedge funds snapped up bank stocks at the quickest clip in three years while taking bets against renewable electricity producers last week, a Goldman Sachs note showed, as investors reacted to Donald Trump's win in the U.S. presidential election.

    Read more...

    Ninety One to Adopt SDR Label for Environment Fund

    2024-11-11

    Funds Europe: Investment manager Ninety One’s Global Environment Fund will adopt the new ‘Sustainability Impact’ label under the UK’s financial regulator—the Financial Conduct Authority’s (FCA) Sustainability Disclosure Requirements (SDR) regime—effective December 1, 2024.

    Read more...

    Companies Boost Social and Climate Reporting Amid ESG Backlash

    2024-11-01

    MSN/Reuters: Many U.S. companies have stepped up reporting on environmental and social matters in recent years even with sustained pressure from conservative politicians, data reviewed by Reuters shows.

    Read more...

    HSBC Drops CSO From Exec Board, Insists it’s Not Gearing up to Split

    2024-10-31

    ESG Dive: HSBC CEO Georges Elhedery on Tuesday answered the question that had burned at analysts over the week since the bank announced a pending reorganization.

    Read more...

    Morgan Stanley Adjusts Climate Targets With Paris Agreement Goal Slipping

    2024-10-30

    Yahoo Finance: Morgan Stanley’s update also adjusted existing 2030 targets for the power, energy and auto manufacturing sectors and set new targets for the aviation, chemicals and mining sectors. The bank said its current goals “reflect [the bank’s] best efforts at this point in time.”

    Read more...

    BlackRock, Vanguard Stakes in Banks Draw Labor Union Critics

    2024-10-30

    BNN Bloomberg: Consumer advocacy groups and labor unions are lining up to support plans by the FDIC to step up scrutiny of stakes in US banks held by money managers such as BlackRock Inc. and Vanguard Group Inc., citing the danger of too much concentration.

    Read more...

    Wall Street Bankers Doing ESG Debt Swaps Get New Deals Pipeline

    2024-10-30

    Yahoo Finance: An emerging ESG debt market that’s been embraced by bankers at JPMorgan Chase & Co. and Bank of America Corp. is about to see its pipeline get a meaningful boost, thanks to an agreement struck in Colombia.

    Read more...

    MSCI Appoints Richard Mattison to Lead ESG and Climate Business

    2024-10-25

    ESG News: MSCI Inc. has appointed Dr. Richard Mattison as Head of ESG and Climate, starting October 29. Mattison, who brings extensive experience in sustainable finance, will be responsible for advancing MSCI’s ESG and Climate product strategy and development.

    Read more...

    Hundreds of ESG Funds Are Being Wound Down, Morningstar Says

    2024-10-24

    BNN Bloomberg: Asset managers in Europe and the US have spent 2024 winding down hundreds of ESG funds, as the investment strategy continues to bump up against regulatory headwinds.

    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