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

ESG Newsletter

    Canadian Asset Managers Targeting ESG Boutiques

    2021-04-19

    Investment Executive: Canadian asset managers are targeting boutique firms with environmental, social and governance (ESG) expertise to meet growing investor demand for responsible investing products.

    Read more...

    RBC Global Asset Management Releases its First Task Force on Climate-related Financial Disclosures Report

    2021-04-19

    Cision: RBC GAM became a formal supporter of the TCFD in 2020 and this report is RBC GAM's first stand-alone disclosure aligned to the TCFD recommendations. The report discloses data and metrics for the portfolios managed by RBC GAM, and demonstrates its commitment to providing clients with transparent and effective reporting on climate change considerations.

    Read more...

    Confronting One-Dimensional Equity Efforts Within the Investor Community

    2021-04-21 

    GreenBiz: In the aftermath of the George Floyd murder, hundreds of U.S. companies produced statements decrying racism and promoting equity and inclusion. 

    Read more...

    U.S. Likely to Join Europe in Mandating Climate Risk Disclosure –John Kerry

    2021-04-20 

    Pensions & Investments: The Biden Administration is "probably going to join with Europe on mandating disclosure" of climate risk, U.S. Special Presidential Envoy for Climate John Kerry said Tuesday. [Full article available to Pensions & Investments subscribers.] 

    Read more...

    So You Say You’re Divesting from Fossil Fuels? Prove It

    2021-04-19 

    GreenBizIn January, the city of New York announced with great fanfare that its massive public service retirement fund would jettison $4 billion worth of fossil fuel-related stocks and bonds. 

    Read more...

    Bond Giant Pimco Attempts to Change Its Culture

    2021-04-17 

    Wall Street JournalFor years, money manager Pacific Investment Management Co. wore its cutthroat reputation as a badge of honor. [Full article available to Wall Street Journal subscribers.] 

    Read more...

    Goldman Shareholders Urged by ISS to Vote Against Racial Audit

    2021-04-16 

    BNN BloombergOne of the world’s biggest proxy-advisory firms, Institutional Shareholder Services, recommended investors vote against proposals filed with Goldman Sachs Group Inc. and other companies calling for them to undergo independent racial audits. 

    Read more...

    Women Still Underrepresented in Boardrooms Despite 'Comply-or-Explain' Rule: Study

    2021-04-14 

    BNN BloombergA study by an Ottawa think tank has found that women remain underrepresented in boardrooms of Canadian companies listed on the Toronto Stock Exchange, despite the 2015 introduction of disclosure requirements intended to boost their numbers. 

    Read more...

    JPMorgan Chase Expands Deforestation Policies Under Shareholder Pressure

    2021-04-14 

    Eco-BusinessInvestment group Green Century used a shareholder proposal strategy to request that JPMorgan Chase issue a public report, outlining how it could improve efforts to reduce negative impacts on biodiversity across its banking portfolios. 

    Read more...

    New York Pension Fund Divests $7 Mln from Canadian Oil Sands Firms

    2021-04-13 

    ReutersNew York’s state pension fund is restricting investment in six Canadian oil sands companies because they have not shown they are prepared for a transition to a low-carbon future, the fund’s Comptroller Thomas DiNapoli said on Monday. 

    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