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While many companies, particularly in the fossil fuel and banking sectors, resist any major departure from their lucrative business-as-usual path, the leaders are doubling down on sustainability. In the 2024 Global 100 ranking, the top-ranked firms allocated 55% of their investments to sustainable projects, up from 47% the year prior.
It includes financial operators and other organizations interested in the environmental and social impact of investments. The focus on sustainability has greatly increased in recent years, and ambitious climate and environmental goals have been set at European and international levels.
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.
If a company can get 10% of its financing from a SWF and 30% from a development bank, then it becomes much easier for the business to attract the rest of the financing from a private capital source,” said Nacvalovaite. They can also lead in the adoption of best practices, such as governance, transparency and ethical investment.
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.
Progress had been grindingly slow until a breakthrough in the run-up to COP28, which paved the way for a deal on the opening day, effectively giving the green light for grant-based funding, facilitated initially by the World Bank, raising transparency concerns for some.
The Financial Conduct Authority (FCA) is consulting on proposals to clamp down on so-called greenwashing by, in effect, giving protected status to key terms connected with ESG-led investing. “It It is the same product protection, in a way, as that enjoyed by champagne.”. They are looking at it very much from a consumer perspective.”.
ESG Investor’s weekly round-up of moves and appointments in the sustainableinvesting sector, including CDP, Loomis Sayles, UKSIF, Built by Nature, Arcadian AM, London Pensions Fund Authority and PLSA. Prior to joining, Stevenson was Head of Business Development at Neuron Advisers, a boutique quantitative alternative investment firm.
ESG Investor’s weekly round-up of news about funds designed to meet sustainableinvesting criteria, including HSBC AM, Invesco, BlackRock, Franklin Templeton, Janus Henderson and Mirova. .
UKSIF has responded to the UK regulator’s discussion paper, asking for further clarity and innovation when linking sustainability goals to remuneration.
Fiduciary duty is driving the growth of sustainableinvesting in the US. In early November, with both COP27 and the US midterm elections looming, a group of sustainableinvestment experts joined ESG Investor in New York to consider the evolving US regulatory landscape for sustainableinvesting.
Kenneth Lamont, Senior Researcher at data and analytics firm Morningstar, acknowledges EUGBS is another milestone on the road towards the formalisation of sustainableinvesting in Europe. Its prescriptive nature and rigidity, could inadvertently create friction, thus stifling the development of the sustainable debt market.
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