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Investment giant BlackRock has made a series of appointments to its BlackRock SustainableInvesting (BSI) team, according to an internal memo seen by ESG Today, including the hiring of Lombard Odier’s Head of SustainableInvestment Research & Strategy as Deputy Head of BSI.
Gauging Sustainability with Precision Metrics To solve the problems of subjectivity, reactivity and obscurity, we’ve identified six measures by which a sovereign issuer may be ruled in or out of an investable universe of sustainable sovereign debt. A country that passes all six metrics qualifies for sustainable EM investing.
“The three papers recognized this year study three very different topics, but each represents an exemplary effort to deepen our understanding of sustainableinvestment,” says Lloyd Kurtz , founder of the Moskowitz Prize and again one of the judges this year.
Green Equity Designations 1 Nasdaq launched Green Equity Designations on the Nordic markets in 2021 in response to increased demand for sustainableinvestments and extensive growth in Nasdaq Sustainable Bond Markets. The platform also provides issuer-level information on UN Sustainable Development Goals allocation.
Nasdaq ESG Advisory Launched as an organic growth initiative in 2019, Nasdaq’s ESG Advisory is a service solution that pairs companies with consultative ESG expertise to help analyze, assess and put into action best-practice ESG programs with the goals of attracting long-term capital and enhancing value.
This includes supporting customers by providing sustainableinvesting and financing opportunities related to their transition to a more sustainable future. Regions actively works to identify climate-related opportunities. People: The report tracks Regions’ performance related to associates, customers and communities.
ESG Investor’s weekly round-up of moves and appointments in the sustainableinvesting sector, including CPP Investments, CCLA, Vontobel, LeapFrog, Low Carbon, and Brown Advisory. . Richard Manley is the Canada Pension Plan Investment Board’s (CPP Investments) new Chief Sustainability Officer.
Oil and gas companies are inconsistent in their commitments to reducing their Scope 3 emissions, according to a separate report by Scope ESG, the sustainabilityanalytics arm of Scope Ratings. BP is targeting a 35-40% reduction in its Scope 3 upstream combustion emissions by end of the decade compared to 2019 levels. .
ESG Investor’s weekly round-up of news on technology and tools in the sustainableinvesting sector, including Carbon Tracker, Sustainable Fitch, Apex Group, ACA Group, Euroclear, and ISS ESG. . The acquisition will aid ACA’s efforts to support the investment management industry with its increased ESG regulatory requirements.
ESG Investor’s weekly round-up of news on technology and tools in the sustainableinvesting sector, including Broadridge, ESG Book, Ada Fintech, Redington, Greyparrot.ai, and Viridios.ai. . Launched in 2019, Greyparrot has customers in 60% of the waste management market, including companies such as Suez and Biffa.
ISS gained control over Oekom in 2018, and Vigeo Eiris and Four Twenty-Seven were integrated by Moody’s in 2019. MSCI then followed suit by taking over Carbon Delta, building on its early acquisition of RiskMetrics in 2010. The trend probably culminated in 2020 when Morningstar completed the acquisition of Sustainalytics.
Dana Sasarean, Associate Director of Mining Research at ESG research, ratings and analytics firm Sustainalytics, is concerned about transparency. “Even if we get to the point where we figure out how to do DSM safely and sustainably, how do investors then verify that the mining process is happening in line with these expectations?
He said investors are doing so on the back of fewer barriers to such investment vehicles, while a rise in third-party services, such as ESG data and analytics support, is aiding trustees in venturing into non-traditional asset classes. For context, 2019’s survey had 68% of charities viewing climate change as a responsibility.
While from 2015 – 2019, the world was making some modest progress on the SDGs, since the outbreak of the COVID-19 pandemic and simultaneous global crises and setbacks, progress has stalled and is one full point below the projected level based on pre-pandemic trends.
In 2019, just 15% of the US$16.9 in 2022 from 22.6% in 2021. However, action is needed on a larger scale, according to the BCG report. billion in climate-related venture capital funding went to start-ups with at least one female founder, BCG said.
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