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In response to accusations of greenwashing and growing regulatory scrutiny, a group of high-powered financial networks is working to standardize the often-opaque jargon of the responsible investing industry. The value of global sustainableinvestment assets jumped from US$23 trillion in 2016 to US$35 trillion in 2020.
But it’s not going to turn pension funds into climate activists. Widened horizons Although the paper is predominantly focused on climatechange, its findings may be extended to other sustainability themes, such as nature.
ESG Investor’s weekly round-up of new hires in the sustainableinvesting sector, including Science Based Targets initiative , Chronos Sustainability, WTW, Aviva and Actis. Hollis previously led the company’s Traditional Credit research team, having joined WTW in September 2014 as a Manager Researcher in the fixed-income team.
US corporate political spending on midterm elections doubled from 2010 to 2014 and doubled again from 2014 to 2018. billion in 2018. “Further, in the aftermath of the 6 January 2021 insurrection, broad misalignment in corporate sustainability strategy and political spending and lobbying activity was evident,” she said.
The Challenges of Bringing Private Equity Investing to a Frontier Market I launched Dolma Impact Fund I in 2011, along with its fund manager Dolma Fund Management, achieving its first close in 2014. address these interrelated challenges, we have invested in clean energy generation through solar and run-of-river hydropower.
In this case, the consultation elicited a howl of frustration at the bureaucracy of Europe’s sustainableinvestment architecture, suggesting that efforts to streamline and simplify are due. But these exercises often tell us much else of interest beyond their core area of investigation.
“It’s a dangerous game to play, and it is undermining investor confidence; there are certain issues, like climatechange, where political games shouldn’t be played.” Matthew isn’t the only one dissatisfied with progress. But here, too, progress has stuttered.
Coinciding with her speech, the UK government published an interim review of UK pensions investment, which Reeves said sets out our plans to create Canadian and Australian style-megafunds to power growth in our economy. But Canadian pension schemes are increasingly channeling capital into sustainability. trillion in assets.
We’re going to have a lot more discussions around corporate governance and stewardship in the PE space,” said Walter Viguiliouk, Managing Director of SustainableInvesting, Private Markets at Manulife Investment Management, speaking on the forum’s Stewardship in Private Equity panel. “PE trillion in 2023 to US$12 trillion.
“The issue of ESG and fiduciary duty is ground that has been gone over on several previous occasions,” says Paul Lee, Head of Stewardship and SustainableInvestment Strategy at independent investment consultancy Redington. The UK’s Law Commission published reports on the issue in 2014 and 2017.
To boost sustainableinvestment in ocean economies, the International Capital Market Association, in partnership with other industry bodies, has consolidated existing blue finance guidance and principles under one framework. Part-credit for this meteoritic growth has been given to the Green Bond Principles (GBP) launched in 2014.
ESG Investor’s weekly round-up of new hires in the sustainableinvesting sector, including AXA Investment Managers, BNP Paribas Real Estate UK, Climate Solutions, Willis Towers Watson, Actis, and Persefoni. Before this she worked in a number of commercial real estate, residential property and student accommodation firms.
Of the 141 shareholder resolutions on environmental governance put forward at carbon major AGMs between 2014 and 2021, CITYPERC’s study identified 42 marginal cases where the votes of one or more of the Big Three were pivotal to the resolution outcome.
The writing is on the wall for oil and gas firms. As highlighted by the IEA: there can be no more new oil and gas production if the world is to achieve a 1.5°C C scenario.
Moreover, the maternal mortality ratio [1] has declined by 45 per cent worldwide, while more than 71% of births were assisted by skilled health personnel globally in 2014, an increase from 59% in 1990. Thus a group of Member States formed an Open Working Group to prepare a proposal on the Sustainable Development Goals (SDGs).
More than you’d expect for someone who spends his time working on the impacts of biodiversity loss and climatechange in his native Kenya. And certainly more than you’d expect for someone who had to leave his home in Trans-Nzoia County, on Kenya’s western border, because of flooding caused by the climate emergency.
Fabrizio Ferraro, Professor of the Strategic Management Department at IESE Business School, considers sustainability-focused engagement in the face of the anti-ESG movement. ESG professionals (perhaps under a new label, such as “sustainableinvesting”) may have to operate within a polarised political environment for the foreseeable future.
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