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ESG Newsletter

    Over 90% of US Companies Plan to Increase Reporting Efforts on SEC’s Final Climate Rule

    2024-07-04

    PA Future: More than 90% of US companies plan to increase reporting emphasis on the Securities and Exchange Commission’s final climate rule despite legal challenges, according to results from the latest research from Persefoni in conjunction with the Financial Education & Research Foundation (FERF).

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    Private Capital ESG Fundraising in 2024 Comparable to 2022 Standout Highs

    2024-07-03

    PA Future: Private capital ESG fundraising hit $55bn by the end of April 2024 – a pace comparable to 2022’s high of $163bn over 12 months, according to the latest report from Preqin.

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    Invesco Launches New Global Climate ETF with $1.6 Billion from Pension Insurer Varma

    2024-07-02

    ESG Today: Global asset manager Invesco announced the launch of the Invesco MSCI Global Climate 500 ETF (KLMT), and new exchange traded fund providing exposure to companies meeting environmental and climate criteria and reducing greenhouse gas emissions.

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    Wealth Managers Ill-Equipped for Rising ESG and Climate Focus

    2024-06-20

    Funds Europe: Despite rising client interest in sustainable investments, many wealth managers and financial advisors lack the necessary systems to manage these concerns effectively, according to a survey.

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    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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