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

ESG Newsletter

    Bridgewater Sets a Path for Net-Zero Investors

    2022-12-20

    Yahoo News: Bridgewater Associates LP, the world’s biggest hedge fund manager, is taking a swing at the issue of climate-conscious investing.

    Read more...

    JPMorgan Investor Lambasts ‘Deficiencies’ in Racial Equity Audit

    2022-12-20

    BNN Bloomberg: The JPMorgan Chase & Co. investor behind a push for the firm to conduct a racial equity audit criticized the resulting report released last month as containing “several deficiencies.” 

    Read more...

    General Atlantic Raises $3.5 Billion to Invest in Climate Change Fight

    2022-12-20

    ESG News: General Atlantic, a leading global growth equity firm, announced the final close of its inaugural BeyondNetZero fund. Following the fund’s close, General Atlantic has a total of approximately $3.5 billion in capital to invest in climate solutions.

    Read more...

    BlackRock and State Street Grilled by Texas Lawmakers in ESG Debate

    2022-12-15

    BNN Bloomberg: Texas lawmakers grilled finance industry executives they summoned to a remote corner of the Lone Star State for a hearing, questioning whether their environmental, social and governance policies are hindering state pension investments.

    Read more...

    PwC Canada Study Highlights Continued Shortcomings in ESG Reporting Across Canada's Top 250 Public  Companies

    2022-12-08

    Yahoo Finance: PwC Canada unveiled its second Canadian ESG reporting study that assessed the ESG maturity of Canada's top 250 publicly traded companies, as measured by revenue and market capitalization.

    Read more...

    Activist Bluebell Urges BlackRock to Oust Fink as CEO Over ESG

    2022-12-06

    BNN Bloomberg: Bluebell Capital Partners is calling on BlackRock Inc. to replace Chief Executive Officer Larry Fink over what it says are his failures to move the world’s largest money manager beyond investments in fossil fuels.

    Read more...

    BlackRock, Vanguard Blasted by GOP Senators for ESG Proxy Voting

    2022-12-06

    BNN Bloomberg: Republicans in the US Senate are amping up efforts to rein in BlackRock Inc., State Street Corp. and Vanguard Group Inc. on environmental, social and governance issues — a preview of a fight looming when the GOP takes control of the House next month.

    Read more...

    Florida Pulls $2 Billion from BlackRock in Largest Anti-ESG Divestment

    2022-12-01

    U.S. News: Florida's chief financial officer said on Thursday his department would pull $2 billion worth of its assets managed by BlackRock Inc, the biggest such divestment by a state opposed to the asset manager's environmental, social and corporate governance (ESG) policies.

    Read more...

    Most in Finance Support ESG, Despite Republican Attacks

    2022-12-01

    Yahoo Finance: Republicans are pressing to get rid of it, regulators are cracking down on the misselling of ESG-labeled funds and bonds, and sustainable investing purists want to eliminate the acronym altogether. It’s also become less of a talking point for corporate executives.

    Read more...

    Regulatory Risk for ESG Funds Highlighted by Recent Findings

    2022-11-29

    Fitch Ratings: A spate of high-profile regulatory findings against how asset managers operate ESG funds and present them to clients highlights the regulatory risk associated with such funds, Fitch Ratings says. Last week, Goldman Sachs agreed a USD4 million settlement with the SEC over charges against the bank’s asset-management division for failures in ESG investment policies and procedures. 

    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