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International savings and investments business M&G plc today announced the appointment of Kathy Ryan to the newly created role of ChiefSustainabilityOfficer. She will join in November and report to Chief Financial Officer, Kathryn McLeland. McLeland said: “I’m delighted to welcome Kathy to M&G.
ESG Investor’s weekly round-up of moves and appointments in the sustainableinvesting sector, including AXA IM, Macquarie AM, Pollination, Sphera, ISSB, and CDP. . AXA Investment Managers (AXA IM) has announced the launch of the AXA IM Investment Institute, with the appointment of Chris Iggo as Chair.
This week in ESG news: CFA Institute launches climate investing certification; BlackRock invests $550 million in carbon capture project; CDP to align with European sustainability reporting standards; KKR raises nearly $3 billion for impact fund; France bans fossil fuel companies from responsible investment funds; GRI, IFRS launch hub to help companies (..)
The ability of corporates to comply is critical to investors, who will increasingly rely on the new standards to make sustainableinvestments. After decades as a ‘nice to have’, it has gradually grown in ubiquity and today – with mandatory disclosures on the horizon – is well on its way to a ‘must have’.
In its recent report on environmental disclosures by firms in Southeast Asia, covering climate, water and deforestation, disclosure platform CDP found a 25% increase in forest-related disclosures, with growth rates in the region outstripping global trends. Humans never learn. They make the same mistakes.
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