3BL Media

DECEMBER 20, 2023

The award, which recognizes high-impact research in sustainable finance, was presented to Stefano Giglio (Yale School of Management), Theresa Kuchler (NYU Stern), Johannes Stroebel (NYU Stern), and Xuran Zeng (NYU Stern).

Divestment 162

Divestment Academics Analytics Development 162

Chris Hall

OCTOBER 5, 2022

Role of active stewardship across environmental and social themes emphasised at ESG Risk & Investment Asia 2022. . An investor’s decision to divest “doesn’t mean an end to all ESG-focused engagement with that company”, according to Eric Nietsch, Head of Sustainable Investing for Asia at Manulife Investment Management. .

Divestment 52

Divestment Net Zero Paris Agreement Sustainable Investment 52

ESG Today

FEBRUARY 15, 2024

Similarly, Texas cited participation in Climate Action 100+ as part of the criteria used by the state to compile a list of “Financial Companies that Boycott Energy Companies,” which it cited in its placement of a series of asset managers for divestment.

Divestment 127

Divestment Net Zero Climate Change Sustainable Investment 127

Chris Hall

FEBRUARY 11, 2022

According to its analysis, private equity firms have snapped up oil, gas and coal assets worth US$60 billion over the past two years, many divested by listed firms in response to the environmental concerns of institutional investors. The post EU Guidance on Net Zero Cooperation Due in Q2 2022 appeared first on ESG Investor.

Net Zero 97

Net Zero Climate Change Paris Agreement Divestment 97

Chris Hall

JUNE 27, 2024

Asset managers also argue that divestment does not work, and that they lose influence when they exit fossil fuel companies. Asset managers should divest from fossil fuel companies that are proving resistant to influence and concentrate their finite engagement resources on those which can plausibly be influenced,” the paper noted.

Divestment 72

Divestment Net Zero Global Economy Sustainable Investment 72

Chris Hall

OCTOBER 31, 2022

Hosted by Regulation Asia & ESG Investor on 5 October 2022 online. Immediately divesting from companies with a poor ESG-related track record isn’t always the answer to ensuring a just transition. Måns Carlsson OAM, Head of ESG, Ausbil Investment Management Limited.

Divestment 52

Divestment CDP Sustainable Investment Banking 52

ESG Today

SEPTEMBER 10, 2022

In his landmark letter to CEOs in 2020 indicating that sustainability and climate issues would become a central consideration in the firm’s investment process, BlackRock CEO Larry Fink spelled out his rationale for this strategy, based on the reasoning that “climate risk is investment risk.”

Net Zero 145

Net Zero Global Economy Divestment Sustainable Investment 145

3BL Media

JANUARY 11, 2023

China’s oil demand declined in 2022 for the first time this century as the nation jumped from one lockdown to the next. In 2022, consumption of oil in the industrial sector boomed as gas prices spiked, and with economics for oil burn favorable in 2023 despite declining spot LNG prices, demand looks set to remain strong.

Supply Chain 130

Supply Chain Supply Chains Paris Agreement Divestment 130

Chris Hall

APRIL 1, 2022

US pension fund’s 2022 voting strategy will hold board members accountable. . The California State Teachers’ Retirement System (CalSTRS) educator-only pension fund will oppose corporate directors moving too slowly to achieve board diversity or significantly address climate change, according to its 2022 voting strategy. .

Divestment 52

Divestment Net Zero Climate Change Sustainable Investment 52

Chris Hall

MAY 22, 2024

This backsliding has increased polarisation between investors, with some choosing to divest and others – in recognition of their responsibility as universal owners – doubling down on engagement with the sector. In 2022, the oil and gas industry invested just 2.5% Last year, Shell invested US$5.6

Divestment 89

Divestment Paris Agreement Stranded Assets Net Zero 89

Chris Hall

MAY 17, 2023

Louise Wihlborn, Sustainable Investment Analyst at Aviva Investors, told ESG Investor that this year the firm will continue to increase the stringency of its escalation action, particularly with poorer performers. “We believe robust, persistent engagement can be a powerful agent for change.” Wihlborn said.

Divestment 52

Divestment Net Zero Sustainable Investment 52

Chris Hall

OCTOBER 5, 2022

The framework will form part of the UK’s Sustainability Disclosure Requirements (SDRs), the UK’s equivalent of Europe’s Sustainable Financ e Disclosure Regulation (SFDR). The outcome of the consultation, which closed for comment in early January 2022, has been pushed back to this autumn. . It is about long term.

Divestment 52

Divestment Greenwashing Sustainable Investment Green Investing 52

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] ESG-aligned states.

Divestment 52

Divestment Paris Agreement Sustainable Investment Climate Change 52

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. Investors must decide on how well-aligned funds are to climate action and sustainable outcomes, he said.

Net Zero 52

Net Zero Divestment Greenwashing Sustainable Investment 52

Chris Hall

MAY 24, 2024

While global sustainable investments reached US$30.3 trillion in 2022, at the same time greenhouse gas (GHG) emissions have hit an all-time high. It has proved the high-level economic logic that more sustainable businesses are more valuable,” explained Byrns.

Net Zero 80

Net Zero Sustainable Investment Value Creation Divestment 80

Chris Hall

DECEMBER 13, 2022

Climate change is the leading issue being addressed by US asset owners that incorporate ESG factors into their investment decisions, according to the US SIF Foundation’s latest biennial Report on US Sustainable Investing Trends. In the 2022 report, it was followed by board issues (US$2.87 New methodology, regulations.

Climate Change 52

Climate Change Net Zero Negative Screening Sustainable Investment 52

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.

Net Zero 64

Net Zero Sustainable Investment Divestment Global Economy 64

Chris Hall

JUNE 13, 2024

Skidmore’s review was part of these efforts, following a previous High Court ruling in July 2022. It’s not just about having a green finance strategy – it’s also about ending fossil-fuel financing,” the former MP added, pointing to companies such as NatWest and Unilever, which have committed to divesting from fossil fuels.

Net Zero 89

Net Zero Divestment Supply Chain Supply Chains 89

Chris Hall

JULY 21, 2023

Article 9 funds are considered the most sustainable, requiring portfolios with 100 per cent sustainable investments. The advantages of Article 9 funds lie in their ability to provide clear signals to investors regarding their commitment to sustainability. Additionally, it requires the faith of the largest fund managers.

Sustainable Investment 52

Sustainable Investment Greenwashing Climate Change Paris Agreement 52

Chris Hall

APRIL 29, 2022

All were quick to acknowledge the progress made since the last time such sustainable investment get-togethers were done face to face. An emphasis on new tools and new approaches was evident on the first day of City Week 2022, held at London’s Guildhall, dedicated to climate and ESG themes.

Net Zero 52

Net Zero Divestment Sustainable Investment Banking 52

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.

Sustainable Investment 52

Sustainable Investment Stranded Assets Negative Screening Divestment 52

Chris Hall

JANUARY 31, 2023

Bolli was co-lead author of the protocol report, alongside Udo Riese, Global Head of Sustainable Investing at Allianz Investment Management. In 2022, NZAOA introduced a member-led process to review members’ published and report targets on an anonymised basis.

Net Zero 52

Net Zero Divestment Paris Agreement Sustainable Investment 52

Chris Hall

OCTOBER 12, 2022

That’s the finding of Newton Investment Management’s 2022 Charity Investment Survey , which notes that charities continue to acknowledge and embrace ESG investment factors, primarily at the prompting of trustees. Only 31% of charities using alternatives in 2022. Engagement to the fore.

Divestment 52

Divestment Impact Investing Climate Change Net Zero 52

Chris Hall

OCTOBER 7, 2022

Energy think tank Ember revealed that global growth in electricity demand (389 TWh) was met entirely by renewable sources in H1 2022. The measures serve as a reminder of the long-term consequences of the invasion, for human rights on the ground, and for business and investment ties further afield.

Negative Screening 52

Negative Screening Divestment Supply Chain Supply Chains 52

Jon Hale

DECEMBER 2, 2022

billion in long-term fixed-income securities and $600 million in overnight cash investments managed by BlackRock because of the firm’s commitment to sustainable investing. To do this I looked at the publicly available returns of the Florida Long Duration Portfolio as of March 2022, the most-recent information on it I could find.

Climate Change 52

Climate Change Sustainable Investment Divestment Banking 52

Chris Hall

OCTOBER 4, 2024

Yet, many institutional investors remain reticent to invest in developing economies. In 2022, only 2% of impact funds were focused on EMs, representing just 0.1% This presents a compelling addressable market, argued Matt Christ, Portfolio Manager in Fixed Income at Ninety One. of global assets under management.

Development 89

Development Divestment Net Zero Greenwashing 89

Chris Hall

SEPTEMBER 27, 2024

We pursue a strategy of engagement rather than divestment. This introduction was hailed as a significant positive development by practitioners at the time, as it addressed the gaps and issues present in the EU Sustainable Finance Disclosure Regulation framework. How does that align with your climate policy? A – Stewardship.

Net Zero 59

Net Zero Stewardship Code Value Creation Divestment 59

Chris Hall

JULY 4, 2023

Paul Lee, Head of Stewardship and Sustainable Investment Strategy at investment consultants Redington, told ESG Investor the proposals should simplify the vote reporting process for both parties.

Stewardship Code 52

Stewardship Code Sustainable Investment Divestment Climate Change 52

Chris Hall

JUNE 14, 2023

This slashes portfolio emissions and sends a strong signal to oil and gas firms about the financial consequences of failing to set out credible transition plans.

Net Zero 52

Net Zero Divestment Climate Change Sustainable Investment 52

Chris Hall

APRIL 19, 2024

For example, an asset manager may have a limited carbon footprint and can appear to be on track to net zero by divesting its high-carbon assets, however such action is effectively passing the problem onto someone else.

Net Zero 81

Net Zero Paris Agreement Climate Change Banking 81

Chris Hall

FEBRUARY 27, 2023

The 13 which did not respond had their information completed by ShareAction based on publicly available information.

Divestment 52

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.” .

Supply Chain 52

Supply Chain Supply Chains Net Zero Divestment 52

Chris Hall

MARCH 30, 2022

Divestment was the least selected due diligence action by both business and general respondents. trillion in assets under management – in 2019 to coordinate the response of the investment community on the issue and to provide the accountability for compliance with the UK Modern Slavery Act.

Supply Chains 98

Supply Chains Supply Chain Manufacturing Corporate Social Responsibility 98

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. Bondholders certainly have a seat at the table, but they have their say differently from equity holders,” says Yo Takatsuki, Global Head of Investment Stewardship at JP Morgan Asset Management. .

Net Zero 52

Net Zero Green Bonds Climate Change Divestment 52

Chris Hall

NOVEMBER 9, 2022

For investors, engaging with investee corporates in the transition process has replaced the blunt tool of divestment as a means of decarbonising portfolios. It supersedes existing voluntary frameworks for sustainability reporting, the lack of standardisation between which has hampered comparisons by investors. Engagement ring.

Net Zero 52

Net Zero COP26 Banking Climate Change 52

Chris Hall

MAY 17, 2023

In the US alone, 529 shareholder resolutions on environmental, social and related sustainable governance themes were filed during the 2022 proxy season, a 20% increase on the previous year, according to the Proxy Preview. Transparency is improving, but slowly.

Stewardship Code 52

Stewardship Code Net Zero Paris Agreement Divestment 52

Chris Hall

MARCH 13, 2024

Norway-based asset manager Storebrand recently excluded First International Bank of Israel for its involvement in the Occupied Palestinian Territory, while a number of major European banks and pension funds divested from Israeli weapons manufacturer Elbit. In the UK, over £1 billion (US$1.28

Divestment 139

Divestment Banking Sustainable Investment Manufacturing 139