This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
This week in ESG news: Canada to require oil & gas industry to slash emissions; California’s climate reporting law survives legal challenge; Mizuho invests in climate solutions provider Pollination; new clean energy deals signed by H&M, Meta, Saint-Gobain; incoming EU finance Commissioner calls for sustainableinvestment labels, reduced SFDR (..)
Billion SustainableInvesting Mandate from SJP Net Zero Investor Coalition Hits Pause After BlackRock Exit Exec Moves Mars Appoints Alastair Child as New ChiefSustainabilityOfficer Barclays Head of Sustainability Steps Down Sodali Appoints Andrew Benett as New CEO
Private banking and asset management company Edmond de Rothschild announced today the appointment of Nathalie Wallace as ChiefSustainabilityOfficer. She is a highly qualified professional who will strongly contribute to the further development of our ESG strategy, to which we have long been committed.
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.
bank to commit to measuring and disclosing the climate impact of its loans and investments, announcing last week that it has joined a multi-trillion dollar group of global financial institutions developing a standardized method for carbon accounting. Morgan Stanley has become the first major U.S. trillion in assets.
Investment management firm Fidelity International announced today the expansion of its sustainability team with two new senior hires, including Phil Cliff, joining from M&G Investments, and Aaron Hay, from Federated Hermes, as Directors, SustainableInvesting.
Jenn-Hui Tan, ChiefSustainabilityOfficer at Fidelity International said: “We welcome the introduction of SDR and see it as an important stage in the development of sustainableinvesting in the UK, giving investors greater confidence to allocate to sustainable funds.
Investment management firm Fidelity International announced today a new focused sustainableinvestment approach, targeting four systemic themes, including nature loss, climate change, strong and effective governance, and social disparities, which will drive the firm’s engagement approach towards influencing positive change.
The EU SFDR regulation includes classification levels for sustainability-focused investment funds, including ‘Article 8’ funds that “promote environmental or social characteristics or a combination of those characteristics,” and the more stringent ‘Article 9’ funds, “which have sustainableinvestment as their objective.”
London-based asset manager GIB Asset Management (GIB AM) announced today the appointment of Victoria Barron as its new ChiefSustainabilityOfficer. Building on our strong foundations, we are delighted to welcome Victoria and look forward to her contributions across all our sustainability initiatives.”
With the role of the ChiefSustainabilityOfficer (CSO) ever-evolving, Acre has the duty of uncovering the skills, knowledge and insights from our network of current leaders in the industry to share with the next generation of change-makers. ‘The It is important that we keep learning, sharing and developing. .
There is this phenomenon that we know is happening around people leaving the major cities and going to smaller places," said Lindsay Baker , former first chiefsustainabilityofficer at WeWork and founder of space use software app company Comfy. Sustainable cafeterias might be replaced with high-waste food delivery services. .
Fidelity International has made revisions to its sustainableinvesting framework to adjust to a changing ESG regulatory landscape, aiming to provide investors with greater transparency on its funds. Asset manager creates three new categories to provide greater clarity amid regulatory changes introduced through SFDR and SDR.
The consumer products giant said it would be exiting any associations unwilling to become “catalysts for positive policy change,” as chiefsustainabilityofficer Rebecca Marmot put it. Bringing more sustainability and government relations experts on board, the organization began to proactively engage with government.
Trillion Debt Have High Exposure to Both Climate and Natural Capital Risks: Moody’s The post ESG Today: Week in Review appeared first on ESG Today. Trillion Debt Have High Exposure to Both Climate and Natural Capital Risks: Moody’s The post ESG Today: Week in Review appeared first on ESG Today.
See below for the highlights of the past week, and get all your ESG news at ESG Today: Sustainability Goals, Initiatives and Achievements Microsoft Partners with Pivot Energy to Develop Community Solar Projects to Help Tackle Scope 3 Emissions JERA Nex Enters U.S.
See below for the highlights of the past week, and get all your ESG news at ESG Today: Sustainability Goals, Initiatives and Achievements Boeing Announces Public Launch of Data Tool to Assess Aviation Decarbonization Solutions Carbon Removal Buyers Group Frontier Announces First $53 Million Offtake Agreement Svante, 3M Partner to Develop Material to (..)
Barsky joins Standard Chartered from her role of President at environmental sustainability-focused special acquisition company Growth for Good. Barsky will be based in Singapore, and report to Group ChiefSustainabilityOfficer Marisa Drew. Drew said: “I am delighted to welcome Dana to Standard Chartered.
Credit Suisse announced today the appointment of James Purcell as Head of Sustainability Frameworks, according to a memo seen by ESG Today and confirmed by a spokesman. Prior to this, he held different senior roles at UBS Wealth Management, including serving as Managing Director and Global Head of Sustainable and Impact Investments.
Sustainable solutions represented nearly two thirds of 2021 net sales. Invested $528 million in research and development for sustainable solutions since 2020. Sustainableinvestments : Invested $528 million in research and development for sustainable solutions since 2020.
Jessica Alsford, ChiefSustainabilityOfficer at Morgan Stanley and CEO of the Institute for SustainableInvesting, said: “Sustainability strategies and core business strategies are converging, with companies increasingly seeing sustainability factors as integral to the company’s long-term value creation.
According to the survey, 62% of respondents believe that wildfires, floods, and storms during the past year will have a material impact on their environmental initiatives, with 44% reporting that extreme heat will have, or already has had, a material effect on their sustainability planning.
For Mizuho, the new partnership is aimed at supporting clients in their climate and nature transition strategies, providing strategy and advice, as well as access to investment opportunities and assets in transition sectors, as well as the development of new approaches to transition and sustainable finance.
Institutional investors need to grasp its E, S and G risks quickly to use and invest in AI effectively, says Lorenzo Saa, ChiefSustainabilityOfficer of Clarity AI. The key principles guiding the industry are the Organisation for Economic Co-operation and Developments (OECD) AI Principles. Delay is not an option.
In addition to the 2050 target, the climate action plan also introduces a goal to achieve a 50% reduction in investment associated emissions intensity by 2030, translating to a 6% annual reduction. The 2030 goal applies to the asset and wealth management divisions’ listed equities and corporate bond holdings.
Sustainable solutions : Solutions that enable electrification, energy transition, electric grid resilience, increase efficiency in ground and air transportation or improve air quality represented 71% of the company’s net sales in 2022, up from 65% in 2021. Employee development : Met company employee training hours goal.
One of the most significant changes from the prior quarter’s report was the emergence of economic and geopolitical concerns as the top anticipated barrier to the achievement of companies’ environmental sustainability goals, replacing pandemic-related issues as the highest concern in the prior survey.
Puraffinity, which develops precision technology for the removal of PFAS ‘forever chemicals’ across multiple water treatment applications, has won a $250,000 award from the Morgan Stanley Institute for SustainableInvesting. These are adaptable for multiple applications.
Dr Sarah Chapman, Global ChiefSustainabilityOfficer at Canadian insurer and investor Manulife, says investments in people and planet can be mutually reinforcing. Served considerably less notice, many developing economies have neither the resources nor the policies to cope.
“I don’t think it’s possible to stand still in the sustainability landscape,” Jenn-Hui Tan, ChiefSustainabilityOfficer (CSO) at Fidelity, told ESG Investor. “The evolution is tremendous year on year, new skills are being asked for, new regulatory requirements.
ESG Investor’s weekly round-up of moves and appointments in the sustainableinvesting sector, including CCLA, Pantheon, Cubera, and Just Climate. . Ben Funnell has been appointed Head of Investment Solutions by UK-based charity fund manager CCLA Investment Management.
The global investment community is walking a “tightrope” between greenwashing and green blushing as it strives to stay abreast of regulatory developments that continuously ramp up accountability on sustainableinvesting, industry sources have sad. That pace of change is here to stay.”
ESG Investor’s weekly round-up of new hires in the sustainableinvesting sector, including EQT, Tritax Group, Vortex Energy, Climate Impact Partners and WTW. . The Committee’s new members are EQT’s ChiefSustainabilityOfficer Nicola Kimm as Chairperson, EGT Chairperson Conni Jonsson , and Board Member Margo Cook.
a new way of dealing with money management, funding business activities, and creating investment products? Yes, sustainable finance is a new field of finance, with a new industry and new jobs, new regulations and frameworks developed by various governmental and nongovernmental bodies. My answer: Yes and no. private and public?—?have
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.
ESG Investor’s weekly round-up of new hires in the sustainableinvesting sector, including abrdn, HSBC AM, Impax and Low Carbon. . Previously Global Head of Responsible Investment at abrdn, Amanda Young has been appointed to the executive role of ChiefSustainabilityOfficer to lead the group.
Stephanie Maier, ChiefSustainabilityOfficer at GAM Investments, considers the opportunities that AI could enable in the sustainableinvesting space, and the risks that must be mitigated. Goldman Sachs has estimated that generative AI alone could raise global GDP by 7% by 2033.
ESG Investor’s weekly round-up of moves and appointments in the sustainableinvesting sector, including CPP Investments, CCLA, Vontobel, LeapFrog, Low Carbon, and Brown Advisory. . Richard Manley is the Canada Pension Plan Investment Board’s (CPP Investments) new ChiefSustainabilityOfficer.
ESG Investor’s weekly round-up of news on technology and tools in the sustainableinvesting sector, including FTSE Russell, GRESB, GI Hub, MAS, Google Cloud, Apex, Clarity AI, Blackrock eFront and Normative. . This will be used to facilitate the deployment of climate fintech solutions and their adoption by the financial sector.
ESG Investor’s weekly round-up of moves and appointments in the sustainableinvesting sector, including EQT, Aware Super, Candriam, Pensions for Purpose, M&G, Earth Capital, Impact Cubed, and Sphera. . Dany da Fonseca joins as Co-Manager of Candriam’s Sustainable Bond Euro Corporate Strategy.
The ability of corporates to comply is critical to investors, who will increasingly rely on the new standards to make sustainableinvestments. This uncertainty makes it difficult for them to get ready and for us, as software providers, to develop the necessary tools and resources to support them.”
Richard Manley, ChiefSustainabilityOfficer at CPP Investments, outlines how the pension plan is greening its portfolio by exerting influence in private and public markets. Later this year, the TPT aims to finalise its disclosure framework and implementation guidance and will develop sectoral guidance.
“A number of asset owners have set their decarbonisation targets and are now realising they have to also support the transition and need to incorporate this into their sustainableinvestment strategies,” Nazmeera Moola, Ninety One’s ChiefSustainabilityOfficer, tells ESG Investor. .
The solution lies in climate resilient development.” Such developments are welcome, but their limitations should be recognised, roundtable participants noted. “If With nature more broadly, there are further layers of complexity,” said Eric Nietsch, Head of SustainableInvesting, Asia, Manulife Investment Management.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content