article thumbnail

ESG investments: Exponential potential or surfing one wave?

GreenBiz

ESG portfolios not only have outperformed traditional financial assets this year, but also a data analysis prepared by Morningstar, a financial advisory research firm, concluded that almost 60 percent of sustainable investments delivered higher returns than comparable funds over the past decade. ESG’s arrival at the Big Dance.

article thumbnail

Why corporate reporting isn’t a proxy for progress

GreenBiz

From 1992 to 2007, I worked at the footwear and apparel company Timberland, which prided itself on being a force for social and environmental good. At the same time, what is billed as an ESG investment is exaggerated. Two-thirds of what is dubbed sustainable investment comprises negative-screen funds.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Franklin Templeton Issues Corporate Social Responsibility Report and Broadens Goals for 2022

3BL Media

We will be focused not only on our corporate sustainability efforts, which include reducing the organization’s greenhouse gas emissions and enhancing our reporting infrastructure, but also expanding our stewardship and sustainable investing practices across our global investment portfolios.” . Major 2021 CSR Achievements.

article thumbnail

Fidelity International Appoints Jenn-Hui Tan as its First Chief Sustainability Officer

ESG Today

Tan joined Fidelity International in 2007, and has most recently been serving as Global Head of Stewardship & Sustainable Investing. Tan joined Fidelity International in 2007, and has most recently been serving as Global Head of Stewardship & Sustainable Investing.

article thumbnail

MAPFRE Acquires Majority Stake in ESG Fund Manager La Financière Responsable

ESG Today

Spanish insurance company MAPFRE Group’s investment business MAPFRE Asset Management (MAPFRE AM) announced today that it has increased its holdings in French ESG specialist mutual fund boutique La Financière Responsable (LFR) to 51%, with the acquisition of a new 26% equity stake in the firm.

article thumbnail

The Future of the CSO - APAC | UOB | Episode 1

3BL Media

As the CSO for one of the world's top banks, Eric leads a dedicated Corporate Sustainability Office and focuses on achieving the Bank’s sustainability objectives of helping businesses to advance responsibly, steering consumer wealth to sustainable investments, and fostering social inclusiveness and environmental well-being.

article thumbnail

M&G Fuels Impact M&A Trend

Chris Hall

UK manager’s Swiss acquisition strengthens impact investing ambitions. London-based M&G has become the latest large investment group to burnish its sustainable investment credentials by taking a position in a specialist impact investment firm.