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The abuse of workers’ rights was severe in 2022 2 , with only 3 out of 148 countries showing improvements in this area 3. In recent years, socialsustainability has gained increasing attention from businesses, consumers, regulators, and civil society.
DESCRIPTION: December 15, 2022 /3BL Media/ - Whirlpool Corporation announced that it has been named to the 2022 Dow Jones Sustainability World Index (DJSI) in recognition of the company’s ongoing focus on responsible and ethical business practices. SOURCE: Whirlpool Corporation. plant operations. View original content here.
It includes financial operators and other organizations interested in the environmental and social impact of investments. trillion in 2022. The topic of metrics has been and still is an important challenge because measuring the results of an investment is critical. billion).
But they invested less, and less often, than in 2022. The challenging macro environment – including geopolitical conflicts and volatile markets – led to SWFs’ investments falling by 20% to US$124.7 billion compared to 2022. Sovereign wealth funds’ (SWFs) assets under management (AUM) hit an all-time high of US$11.2
Copenhagen-based Kristensen will account for regional variations in effort to deepen direct institutional relationships with sustainability-focused manager. The latter can explain different attitudes on key sustainableinvestment issues, such as allocations to armaments and energy, shaped both by past and more recent events.
The group’s latest report, “ A world in balance 2024:Accelerating sustainability amidst geopolitical challenges ” tracks advancements in organisations’ environmental and socialsustainability over the last three years. In late 2023, executives were planning to increase investments in sustainability this year.
It also pointed to a lack of tools for investors to integrate social issues into their investment strategies and an “overwhelming focus” from international bodies and investor initiatives on climate and nature-related issues. trillion and US$14.2 trillion and US$14.2
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 SustainableInvesting Trends. In the 2022 report, it was followed by board issues (US$2.87 New methodology, regulations.
“We need to gather as much information as we can on gender, ethnicity and broader diversity characteristics, in conjunction with developing a process where we can take action on this information to drive improvement,” Honor Fell, SustainableInvestment Officer of the Cambridge University Endowment Fund, tells ESG Investor. .
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.
In the 2024 Global 100 ranking, the top-ranked firms allocated 55% of their investments to sustainable projects, up from 47% the year prior. That compares with sustainableinvestments at a paltry 17% among the broader universe of publicly traded companies with more than US$1 billion in annual revenue.
Sustainableinvestment experts predicted an even greater emphasis by investors on public policy, at a recent roundtable held by S&P Global Sustainable1 and ESG Investor. First, our roundtable participants surveyed the existing regulatory landscape for sustainableinvesting. Positive trajectory.
Issuances of green, social, sustainability and sustainability-linked (GSSS) bonds fell in the third quarter of 2022, but continued to remain more resilient than the broader bond market, growing to a record 16% share of the market in the quarter, according to a new report from Moody’s Investors Service.
Strategy looks to invest in issuers “actively” shifting towards renewables, environmentally sustainable practices. It will be available both as a SICAV – the JPMorgan Funds – Green SocialSustainable Bond Fund (SICAV), and as an ETF, the JPMorgan ETFs (Ireland) ICAV – Green SocialSustainable Bond UCITS ETF.
The Commission has finally given us clarity on the general orientation of the RTSs,” says Victor van Hoorn , Executive Director of the European SustainableInvestment Forum (Eurosif). . He adds that instruments for which sustainability data is “lacking” will not be accepted as Article 9 products. .
The geo-political risks associated with last year’s war in Ukraine plus the current war in the Middle East has pushed the social element of ESG investing to the fore, while the impact of sanctions-screening has raised scrutiny on the social elements such as human rights and community needs still further.
The final draft of the Platform for Sustainable Finance’s ( PSF ) social taxonomy proposal has been adjusted to integrate more fully with existing European sustainable finance legislation to minimise regulatory burdens. The Commission will now conduct a review of the social taxonomy in due course.
Jennifer Wu, Global Head of SustainableInvesting at J.P. Morgan Asset Management, offers five reasons why sustainableinvesting will matter even more in 2023. 2022 saw sustainableinvesting go through extensive scrutiny. And the debate on what ESG is/isn’t is expected to continue this year.
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