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

ESG Newsletter

    Morgan Stanley Doubles Down on ESG Despite the Politics

    2023-02-15

    Yahoo Finance: Earlier this month, the New York-based investment bank introduced six ESG products. The equity and fixed-income exchange-traded funds are managed by Calvert Research and Management, a leader in environmental, social and governance investing that Morgan Stanley acquired in 2021 as part of its purchase of Eaton Vance Corp.

    Read more...

    SEC to Increase Scrutiny of Crypto-Trading Firms and ESG Funds in 2023

    2023-02-08

    CNBC: The Securities and Exchange Commission will increase its scrutiny of crypto-trading firms and investment advisors as well as Environmental, Social and Governance — or ESG — funds, among other issues on its list of top oversight priorities for 2023.

    Read more...

    BlackRock US ESG Flows Fall on Tech Rout, Anti-Green Backlash

    2023-02-06

    BNN Bloomberg: Cash flows into US sustainable funds plummeted last year as the broader market took a beating and anti-ESG crusaders targeted money managers including BlackRock Inc. for “woke capitalism.” 

    Read more...

    AE Industrial Partners Strengthens ESG Team with the Promotion of Jennifer Essigs to Head of ESG

    2023-01-30

    PR Newswire: AE Industrial Partners, LP ("AEI" or the "Firm"), a U.S-based private equity firm specializing in aerospace, defense and government services, space, power and utility services, and specialty industrial markets, announced that Jennifer Essigs has been promoted to Head of ESG, in charge of spearheading the Firm's increased commitment to supporting ESG initiatives at both the Firm and its portfolio companies.

    Read more...

    Republicans Launch Group to Combat ‘Threat’ Posed by ESG Investing

    2023-02-03

    The Hill: House Republicans are creating a new working group to further their pushback against environmental, social and governance investing, known as ESG. A press release from the House Financial Services Committee announcing the group said it will be aimed at combating what they described as a “threat to our capital markets.”

    Read more...

    Investors Want More Information From Companies About ESG Issues

    2023-02-02

    PR Newswire: More than 80% of U.S. investors say that companies need to more openly communicate the risks and opportunities that shape their standing as "responsible investments" – and 73% also say they are more likely to invest in a company that shares with investors its plans for effectively managing those factors.

    Read more...

    Big Banks Told to Phase Out Financing of New Fossil-Fuel Projects

    2023-01-25

    Advisor Perspectives: Six Wall Street banks are being pressed by a group of shareholders to move faster on reducing their financing of fossil fuels to meet global climate goals.

    Read more...

    ESG Beat Wall Street in One Important Way Last Year

    2023-01-23

    CNN: ESG funds — investments that evaluate companies using environmental, social and governance factors — just survived a tumultuous 2022. They also managed to perform in line with the general market while doing so, and attract new money — a good sign for the future of responsible investing.

    Read more...

    Bank of America CEO Says New ESG Rules Are Needed to Reboot Capitalism

    2023-01-18

    CNBC: Bank of America Chief Executive Brian Moynihan said Wednesday that current efforts to produce a set of official global standards on ESG issues were vital to “align capitalism with what society wants from it.”

    Read more...

    BlackRock’s Fink Says ESG Narrative Has Become Ugly, Personal

    2023-01-17

    BNN Bloomberg: BlackRock Inc. Chief Executive Officer Larry Fink said the narrative around ESG investing has become ugly and is creating “huge polarization.”

    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