Chris Hall

APRIL 1, 2022

The fund was previously under pressure to divest from carbon-intensive oil and gas companies but, like other asset owners, CalSTRS is choosing to engage, with divestment serving as a last resort. . As of 31 May, 2021, CalSTRS manages US$306.7 Norges Bank Investment Management (NBIM), which manages Norway’s US$1.1

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ESG Today

NOVEMBER 16, 2023

The survey found a broad consensus among investors on the importance of ESG and sustainability issues, with 70% agreeing that should embed ESG directly into their corporate strategy, and 75% saying that companies’ management of sustainability-related risks and opportunities is an important factor in decision-making.

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Chris Hall

FEBRUARY 15, 2023

Investor appetite for sustainable investment continues to increase, but demand is outstripping supply, with nearly nine in ten (88%) of institutional investors calling for more product innovation from asset managers. In fact, current growth in ESG investments is derived largely from retrofitted funds, a report by PwC noted.

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Net Zero Divestment Greenwashing Sustainable Investment 52

Chris Hall

OCTOBER 27, 2023

Across the sustainable investment landscape, resources, patience and credibility are all being stretched. – Asset managers are hiring ESG and sustainability staff, you won’t be surprised to learn, and they’re almost certainly not alone. A selection of this week’s major stories impacting ESG investors, in five easy pieces. 

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Chris Hall

MAY 31, 2024

Head of Sustainability at CDPQ Bertrand Millot highlights the pension fund’s focus on decarbonising the real economy, as well as comprehensively divesting from the oil industry. This achievement was one of several high points in the pension fund’s 2023 sustainable investing (SI) report , published in April.

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GreenBiz

JANUARY 25, 2021

How Wall Street can win on climate In 2021. Mon, 01/25/2021 - 01:00. At the start of 2021, leading investors openly recognize that climate change presents a massive systemic risk and a multi-trillion-dollar opportunity. Finance & Investing. Ben Ratner. Integrate climate into core business. Contributors. Gabe Malek.

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Chris Hall

NOVEMBER 4, 2022

While responding to customer or limited partner demand for ESG investments, funds are also looking to ESG-screened investments to outperform other investments because they have identified and better managed macro risks such as climate change and social unrest. oriented investment funds in 2021. [1]

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Chris Hall

SEPTEMBER 27, 2024

It was largely driven by formalities, and for many investment managers was probably viewed as just another box-ticking exercise. False dawn Things started to change in 2021. We pursue a strategy of engagement rather than divestment. Rise and fall Fast forward to September 2021. But this understanding lacked focus.

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Net Zero Stewardship Code Value Creation Divestment 59

Corporate Knights

OCTOBER 25, 2024

Since its launch in 2006, a significant portion of the global investment industry has signed on to the United Nations–backed Principles for Responsible Investment (PRI). Engagement and divestment both have a role to play The engagement versus divestment debate has been ongoing in the investor community.

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Divestment Net Zero Decarbonize Paris Agreement 290

Chris Hall

OCTOBER 10, 2022

Research predicts new demands on asset managers, as clients’ sustainable investment priorities mature. Institutional and intermediary clients’ sustainable investment demands are growing increasingly sophisticated, requiring managers to reappraise their skills and budget levels.

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Sustainable Investment Stranded Assets Negative Screening Divestment 52

Chris Hall

OCTOBER 12, 2022

The proportion of charities that would consider the use of alternative investments in the future has also declined. Only 35% of charities that do not currently use alternatives would consider including them in their portfolios in the future – a 5% fall compared to 2021. Engagement to the fore.

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Divestment Impact Investing Climate Change Net Zero 52

Chris Hall

JUNE 14, 2023

But with scientists expecting us to breach this barrier next year , waiting for oil and gas firms to reach the logical conclusion is not an option. Mastagni from CalSTRS is confident that the waves made by Exxon’s AGM in 2021 are still being felt and considered by oil and gas companies globally.

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Net Zero Divestment Climate Change Sustainable Investment 52

Sustainability Update

OCTOBER 30, 2021

May 17 2021. The P/E world: Private equity firms often have a pool of companies wholly owned or invested in and managed and advised by them in portfolio …this is the ambitious domain of the private equity (P/E) universe. For information on The Blackstone Group’s sustainability journey: [link] org/. TOP STORIES.

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Chris Hall

FEBRUARY 27, 2023

ShareAction sent questionnaires to 77 of the “most influential” asset management firms worldwide across 16 countries, based on their AuM according to IPE’s 2021 Top 500 Asset Managers List. The 13 which did not respond had their information completed by ShareAction based on publicly available information.

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Divestment Sustainable Investment Development 52

Chris Hall

MARCH 9, 2022

One might expect governance ratings to change over time rather than overnight,” said a sustainable investment analyst at a large UK-based asset owner. . Any decision made to disengage or divest must be done in a responsible fashion, including scrutinising for any unintended human rights consequences.” .

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Supply Chains Supply Chain Net Zero Divestment 52

Chris Hall

JULY 6, 2022

Through SIPs, trustees with 100 or more members are now expected to publicly state their – or their external managers’ – engagement policy and priorities, and explain in detail how they steward their sustainable investments. Plotting a path to Paris .

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Net Zero Stewardship Code Paris Agreement Climate Change 52

Chris Hall

FEBRUARY 11, 2022

In the UK, the Competition & Markets Authority (CMA) gave detailed guidance in January 2021 to businesses and trade associations on the treatment of sustainability agreements under UK competition law. At a national level, Germany’s Federal Cartel Office is seen as treating green cooperative initiatives on a case-by-case basis.

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Net Zero Climate Change Paris Agreement Divestment 97

Chris Hall

DECEMBER 7, 2022

The influence of sustainability-minded investors can be seen in divestment strategies of both state- and privately-owned debt issuers. Divestment is typically a last resort. . According to RLAM’s 2021 stewardship report , 12.5% of its engagements targeted fixed income, compared to 68.3% equity, and 19.3%

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Net Zero Green Bonds Climate Change Divestment 52

Chris Hall

MARCH 30, 2022

In Europe, myriad regulatory initiatives have been introduced that cover human rights disclosures and due diligence in business, including initiatives on corporate sustainability reporting, sustainable corporate governance , and sustainable finance, as well as trade rules and import/export restrictions.

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Supply Chain Supply Chains Manufacturing Corporate Social Responsibility 98

Chris Hall

OCTOBER 10, 2024

However, CDPQ was identified as a climate leader following its decision to divest firms involved in oil production and refining and coal mining in 2022. ‘Green’ assets now make up 12.5% Asset owners – including signatories of the NZAOA – are increasingly exploring sustainable investment opportunities in private markets.

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Net Zero Sustainable Investment Divestment Global Economy 64

Chris Hall

FEBRUARY 16, 2022

Canadian pension fund to eschew “blanket divestment”, emphasising role as “active investor and influencer”. Blanket divestment is not the best way to maximise returns without undue risk of loss. CPPI Investments introduced a climate change voting policy in March 2021.

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Net Zero Divestment Climate Change Chief Sustainability Officer 52

Chris Hall

MARCH 22, 2023

Students are also starting to pressure their universities to divest from border and surveillance companies. Investors speaking on the webinar pointed to a lack of internal resource and will, with challenges sourcing data and information also impeding attention.

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Divestment Climate Change Supply Chains Supply Chain 52

Corporate Knights

AUGUST 13, 2024

. - Ashley Thomson, Global Witness’s US Senior Policy Advisor Similar concerns have also been raised by Tariq Fancy, BlackRock’s former sustainable investment chief, who criticised the firm for “misleading investors” by using the ESG label, calling it a “dangerous placebo”. JBS is widely regarded as an ESG pariah.

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Corporate Knights

FEBRUARY 16, 2022

Larry Fink, the CEO of the largest investment firm in the world, wrote in his 2022 letter to CEOs: “It’s been two years since I wrote that climate risk is investment risk. Sustainable investments have now reached $4 trillion. Cement carbon laggards Companies in the cement industry that were divested by NBIM.

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Net Zero Negative Screening Divestment Manufacturing 360

Jon Hale

JANUARY 28, 2022

End of Week Notes It’s not a “craze” and sustainable investors aren’t naive I suppose it’s a sign of success when The Wall Street Journal sees fit to launch a weeklong critique of sustainable investing. Instead, it’s turning toward stakeholder capitalism, which is supported and enabled by sustainable investing.

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Sustainable Investment Climate Change Academics Divestment 52

Corporate Knights

JANUARY 10, 2024

Despite appearances, sustainable investments have quietly had a great year. Given the poor performance of green energy stocks and the chorus of opposition against anything viewed as “woke,” it’s easy to get lost in the narrative that the shine has worn off sustainable investing. But that’s not what I’m seeing.

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3BL Media

JANUARY 11, 2023

million barrels per day (b/d) in 2021 from some 11.3 Global solar deployment will continue to grow in 2023 to about 316 gigawatts, up from about 268GW in 2022 and 182GW in 2021. Sustainable Investing – Greater Scrutiny. The divestment movement will wane. Jonas Rooze, manager of sustainability and climate research.

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Chris Hall

JUNE 14, 2024

The stated purpose of the hearings was to decide whether current laws are sufficient to “deter anti-competitive collusion” to promote ESG-related goals in the investment industry. Even so, the hearings could be contributing to rising outflows from sustainable investment vehicles, with investor behaviour in the US diverging from elsewhere.

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Paris Agreement Sustainable Investment Climate Change Divestment 78

Chris Hall

JULY 24, 2024

Flying high, sinking low For Daniel Fugere, California-based President and Chief Counsel of NGO As You Sow, 2021 marked a high watermark for investor action on sustainability. Money was pouring into sustainable funds like never before. in 2021, according to Proxy Review. Back then, ESG was flying high.

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