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

ESG Newsletter

    Brookfield In Talks to Acquire Clean Energy Developer Neoen for $6.6 Billion

    2024-05-30

    ESG Today: Brookfield Asset Management announced today that it has entered into exclusive negotiations to acquire a majority stake in France-based global renewable energy developer at an equity value of €6.1 billion (USD$6.6 billion) from responsible investment company Impala.

    Read more...

    Climate and Paris-Aligned Fund Launches Surge Amid Client Demand

    2024-05-24

    Funds Europe: Asset managers have been proactive in launching sustainability-focused products, with growth seen in climate change (+18%) and Paris-aligned (+11%) funds, according to data.

    Read more...

    80% of Companies See Sustainability as a Potential Revenue, Profitability Driver: Morgan Stanley Survey

    2024-05-22

    ESG Today: The vast majority of companies view sustainability as a value creation opportunity, with more than three quarters anticipating potential benefits ranging from higher revenues and profitability to lower cost of capital, although many also expect increased sustainability-related costs and a need for significant investment, according to a new survey released by Morgan Stanley.

    Read more...

    Allspring Adds Global Equity Fund To Climate Transition Suite

    2024-05-21

    Funds Europe: US-based Allspring Global Investments has expended its suite of climate transition funds with the addition of a global equity fund.

    Read more...

    Majority of Lawyers Expect SEC’s Climate Disclosure Rule Will Not Survive Intact: Bloomberg Survey

    2024-05-21

    ESG Today: A significant majority of attorneys expect that the U.S. Securities and Exchange Commission’s (SEC) new climate-related disclosure rule will not survive its legal challenges in its current form, with most expecting the rule to only partially remain intact, or to be overturned entirely, according to a new survey by Bloomberg Law. 

    Read more...

    Court Rejects Republican States' Challenge to SEC's ESG Proxy Voting Rule

    2024-05-10

    XM/Reuters: A federal appeals court dismissed a lawsuit by four Republican-led states that sought to block a US Securities and Exchange Commission rule requiring investment funds to categorize and disclose their proxy votes on issues including environmental, social and governance (ESG) matters.

    Read more...

    US Banks Face Climate Risk Data Challenges, Fed Analysis Shows

    2024-05-09

    XM/Reuters: U.S. banks face significant data and modeling challenges in predicting the impact of climate change on their loan books, the Federal Reserve said after its first analysis on the issue.

    Read more...

    US Probe Finds Widespread Sexual Misconduct at FDIC

    2024-05-07

    Yahoo Finance: The Federal Deposit Insurance Corporation must make sweeping changes to address widespread sexual harassment and other misconduct, according to an independent report released that raises questions about the future of the banking regulator's leadership.

    Read more...

    Over Half of CEOs Say Sustainability a Higher Priority Now Than 12 Months Ago: EY Survey

    2024-05-07

    ESG Today: Sustainability and climate issues are moving back into focus for senior executives globally, with more than half of CEOs reporting that sustainability is a higher priority now than it was a year ago, and decarbonization found to be the top long-term strategic priority for CEOs, according to a new survey released by global professional services firm EY.

    Read more...

    Oklahoma Adds Barclays to Anti-ESG List

    2024-05-06

    Yahoo Finance: Barclays is being added to the list of financial institutions restricted from contracts with the state of Oklahoma, the state’s treasurer, Todd Russ announced. 

    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