Yahoo Finance: As trans-Atlantic relations grow increasingly fraught, Europe’s ESG regulations are becoming yet another flashpoint that threatens to sour ties.
ESG Today: International banking group Standard Chartered announced the release of its inaugural Transition Plan, outlining its detailed plan to achieve its climate goals, including its target to reach net zero emissions across its financing activities by 2050.
ESG Today: Alternative asset manager Blackstone announced that it has raised $5.6 billion for its energy transition-focused private equity fund, Blackstone Energy Transition Partners IV, closing the fund at its hard cap.
MSN: Wells Fargo is scrapping its goal of achieving net-zero emissions across its financed portfolio by 2050 as banks rethink their sustainable lending activities.
CFO Dive: Groups opposed to environmental, social and governance initiatives at U.S. companies have stepped up their activism early in the 2025 proxy season, submitting 20% of all shareholder proposals, a 5 percentage point increase compared with the same period last year, the Conference Board said.
Institutional Investor: Donald Trump’s re-election in November boosted anti-environmental, social, and governance efforts, prompting 11 Republican state attorneys general to sue BlackRock, State Street, and Vanguard in December for allegedly pushing ESG investment options at the expense of the energy industry.
ESG Dive: Investors and asset owners are increasingly asking asset managers to offer more detailed reports on ESG-related activities, according to a recent report from research firm Cerulli Associates.
Yahoo Finance: A group of Republican U.S. state treasurers will withhold votes for Vanguard fund board nominees on concerns the slate is "tone-deaf" on sustainability matters, presenting a political hurdle for the top mutual fund manager as it looks to build turnout for a rare fund trustee election.
MSN: Top asset manager BlackRock said it had resumed stewardship engagements with companies after reviewing new guidance from the U.S. Securities and Exchange Commission.
Yahoo Finance: Vanguard and BlackRock Inc. (BLK) have hit pause on corporate engagement meetings as they consider the consequences of newly released guidance that redefines how investor activism is regulated, according to published reports from Semafor and Reuters citing unnamed sources.
Castle Hall helps investors build comprehensive due diligence programs across hedge fund, private equity and long only portfolios More →
Montreal
1080 Côte du Beaver Hall, Suite 904
Montreal, QC
Canada, H2Z 1S8
+1-450-465-8880
Halifax
168 Hobsons Lake Drive Suite 301
Beechville, NS
Canada, B3S 0G4
Tel: +1 902 429 8880
Manila
10th Floor, Two Ecom Center
Mall of Asia Complex
Harbor Dr, Pasay, 1300 Metro Manila
Philippines
Sydney
Level 15 Grosvenor Place
225 George Street, Sydney NSW 2000
Australia
Tel: +61 (2) 8823 3370
Abu Dhabi
Floor No. 15 Al Sarab Tower,
Adgm Square,
Al Maryah Island, Abu Dhabi, UAE
Tel: +971 (2) 694 8510
Copyright © 2021 Entreprise Castle Hall Alternatives, Inc. All Rights Reserved.
Terms of Service and Privacy Policy