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ESG Newsletter

    UBS Invests in Impact Data Provider GIST Impact

    2024-06-20

    ESG Today: Impact data and analytics provider GIST Impact announced today an investment from UBS’ venture and innovation unit, UBS Next.

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    The Hedge Fund Veterans Delivering Capital Relief to Banks, With an ESG Twist

    2024-06-20

    BNN Bloomberg: As banks increasingly seek to transfer their credit risk to less regulated investors, buyers on the other side of those deals are starting to request an additional feature: sustainability. 

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    ‘Weakened and Reshaped’: The State of Legislative Attacks on ESG

    2024-06-18

    Institutional Investor: Republican lawmakers continued their legislative efforts to stymie investments in their states that use environmental, social and governance factors to choose companies — with little success.

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    What Corporate Finance Teams Should Know About SBTi’s New Financial Sector Guidance

    2024-06-12

    GreenBiz: The Science Based Targets initiative will requires banks and other financial institutions setting science-based targets for emissions reductions to phase out most coal-related activities by 2030 and publicly declare when they’ll stop financing companies and projects that don’t align with the Paris Agreement goal to hold global temperature increases under 1.5 degrees Celsius.

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    The Big ESG meltdown: Amid Allegations of Greenwashing and Record Fund Exits, Can ESG Be Saved?

    2024-06-11

    MSN: On March 26, 2024, BlackRock CEO Larry Fink caused quite a stir. His annual chairman’s letter to investors was in the news for what it did not have. Conspicuous by its absence was the mention of the term ESG (environment, social, and governance).

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    GOP Report Blasts Wall Street Firms Over Climate, Alleging ‘Collusion’

    2024-06-11

    Yahoo News: House Republicans are blasting Wall Street firms over climate-minded investing, the latest flare in the party’s criticism over environmental, social and governance (ESG) investing.

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    'Summer of Heat on Wall Street' Climate Activists Target Citigroup in Lower Manhattan

    2024-06-10

    ABC: The first of four days of climate activists making their voices heard kicked off in Manhattan. The activists call the shutdowns "The Summer of Heat on Wall Street." They say it's a months-long campaign to hold protests to push Wall Street to stop funding oil, coal, and gas.

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    Crypto Platform Takes On Sustainability Challenges, Adds ESG-Friendly Launchpad

    2024-06-07

    Cointelegraph: It’s no secret that the crypto industry is facing an uphill battle on its journey to access the masses, and the lack of a relatable narrative stands as a major challenge to tackle.

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    EU Funds Face Fresh Pressure to Dump US Stocks Under New ESG Regulations

    2024-06-06

    BNN Bloomberg: The US stock market has emerged as the most exposed to divestment after the European Union unveiled new rules limiting how freely asset managers can attach ESG labels to their funds.

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    Nearly 96% of Board Directors Expect a Continued or Stronger Focus on ESG Despite Ongoing Backlash

    2024-06-04

    Business Wire: Nearly 96% of corporate boards expect a continued or stronger focus on ESG over the next five years, with diversity, equity and inclusion (DEI) and climate change topping the list of priorities, according to the new Sustainability in the Spotlight 2024 report from Diligent and Spencer Stuart

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