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

ESG Newsletter

    ‘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.

    Read more...

    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.

    Read more...

    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).

    Read more...

    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.

    Read more...

    '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.

    Read more...

    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.

    Read more...

    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.

    Read more...

    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

    Read more...

    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...

    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