Environmental Finance

OCTOBER 7, 2022

The treasurer of Louisiana has pledged to divest from all investments made by the state in BlackRock funds in a further escalation of the sustainable investing political backlash in the US.

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Divestment Net Zero Sustainable Investment 45

ESG Today

NOVEMBER 16, 2023

The report also found that investors have been active in pursuing their sustainable investment agendas, with over half saying they have turned to incentives such as incorporating progress on meeting ESG targets into executive pay, 50% reporting having submitted ESG-related shareholder resolutions, and 42% saying that they have divested their stakes (..)

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Greenwashing Divestment Sustainable Investment Climate Change 125

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. It’s also a sellable GHG product for oil and gas firms.

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Divestment Paris Agreement Stranded Assets Net Zero 89

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.

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Divestment Net Zero Global Economy Sustainable Investment 72

Chris Hall

OCTOBER 31, 2022

Immediately divesting from companies with a poor ESG-related track record isn’t always the answer to ensuring a just transition. This panel will look at how active engagement can contribute to transition efforts globally, and, in instances where it fails, how divestment should be a last resort.

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ESG Today

OCTOBER 9, 2024

This represents a significant number of funds that may need to consider either divesting from the stocks or rebranding. Our research shows that more than 1,600 funds are exposed to at least one stock potentially in breach of activity-based exclusion rules.

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ESG Today

JANUARY 23, 2023

Additionally, the report found that the “sea change in attitudes towards ESG and sustainable investment approaches” has extended to real assets, with 93% of investors considering ESG factors in real asset investment decisions, including 17% who consider the matters as “critical and deciding” factors.

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Chris Hall

OCTOBER 27, 2023

Across the sustainable investment landscape, resources, patience and credibility are all being stretched. – Asset managers are hiring ESG and sustainability staff, you won’t be surprised to learn, and they’re almost certainly not alone. A selection of this week’s major stories impacting ESG investors, in five easy pieces. 

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Chris Hall

APRIL 1, 2022

The fund was previously under pressure to divest from carbon-intensive oil and gas companies but, like other asset owners, CalSTRS is choosing to engage, with divestment serving as a last resort. . If engagement and voting fails to promote positive change amongst investee companies, NBIM has demonstrated its willingness to divest.

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Divestment Net Zero Climate Change Sustainable Investment 52

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.

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Corporate Knights

JANUARY 27, 2023

Divesting from fossil fuels isn’t just good for the planet. billion in returns over the last 10 years by not divesting from fossil fuels. And in 2018, Ireland became the first country to divest its national investment fund completely from fossil fuel companies. It can be good for financial returns, too.

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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). Sadan also advised that in order to affect change on firms’ ESG practices, investors need to engage over the long term rather than divest investment.

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Divestment Greenwashing Sustainable Investment Green Investing 52

Chris Hall

MAY 31, 2024

Head of Sustainability at CDPQ Bertrand Millot highlights the pension fund’s focus on decarbonising the real economy, as well as comprehensively divesting from the oil industry. This achievement was one of several high points in the pension fund’s 2023 sustainable investing (SI) report , published in April.

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Chris Hall

NOVEMBER 4, 2022

In particular, many states have enacted laws or other policies requiring state entities to integrate sustainability factors into their investment policies, processes and decisions. For instance, Illinois enacted the Illinois Sustainable Investing Act in 2019. Legislators in New Jersey have introduced a similar bill.

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Divestment Paris Agreement Sustainable Investment Climate Change 52

Chris Hall

MAY 24, 2024

David Byrns, Portfolio Manager at American Century, explains why transition investing is fundamental to achieving net zero. While global sustainable investments reached US$30.3 It has proved the high-level economic logic that more sustainable businesses are more valuable,” explained Byrns.

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Net Zero Sustainable Investment Value Creation Divestment 80

Chris Hall

JUNE 13, 2024

With competition around sustainable investing heating up globally, the UK government to ensure the country remains attractive – particularly at a time when green pledges have been rolled back by the incumbent administration, driving potential scores of investors away.

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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.

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Sustainable Investment Greenwashing Climate Change Paris Agreement 52

Chris Hall

APRIL 25, 2022

Alignment is not just about divestment, said Bolli, but about a “collaborative mindset” that uses engagement to steer investee companies on the right path. . Only if engagement and voting don’t work would there be a need to divest, given the risk of stranded assets on the balance sheet, she noted. . Collaborative mindset .

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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.

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Sustainable Investment Stranded Assets Negative Screening Divestment 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. To divest from carbon-intensive firms without understanding their future plans, she warned, risked a “paper decarbonisation”, rather than real reductions in carbon emissions.

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Net Zero Divestment Sustainable Investment Banking 52

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. Managers also reported applying fossil fuel divestment screens across US$1.2

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Climate Change Net Zero Negative Screening Sustainable Investment 52

Richard Matthews

FEBRUARY 7, 2022

Sustainable and Responsible Impact Investing in the US. SRI and Impact Investing to Combat Climate Change. International Impact Investing Challenge. Eleven Resources for Responsible Investing Including Divestment from Fossil Fuels. The Value of Investing in Climate Mitigation (WEF Summaries).

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Chris Hall

NOVEMBER 30, 2023

In May , Phoenix Group became the CA100+’s new Shell co-lead, following the Church of England stepping back from engagement after five years and divesting from the oil and gas giant the following month.

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Net Zero Climate Change Paris Agreement Sustainable Investment 59

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. The latest edition of the protocol for members includes targets on private assets and outlines ways to report on sovereign bond emissions.

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Net Zero Divestment Paris Agreement Sustainable Investment 52

Chris Hall

OCTOBER 4, 2024

Ninety One has been among the first joiners of the World Benchmarking Alliance’s call on asset managers to review their approach to sustainable investing to ensure it does not unintentionally lead to divestment from EMs. Closing the gap Both public and private credit will be needed to address financing needs, Christ explained.

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Development Divestment Net Zero Greenwashing 89

Chris Hall

NOVEMBER 11, 2022

ESG Investor’s weekly round-up of news about funds designed to meet sustainable investing criteria, including HSBC AM, RLAM, LOIM, Algebris Investments and TLEI. . HSBC Asset Management has launched the HGIF Global Emerging Markets Corporate Sustainable Bond fund.

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Divestment Net Zero Sustainable Investment Climate Change 52

Chris Hall

OCTOBER 12, 2022

Newton reported that engagement is once again the most popular way of considering ESG factors – chosen by 59% of charities, compared to only 27% that prefer divestment. Trustees are also opting to utilise screening, with a modest increase in all types of commonly barred investments, besides armaments. Engagement to the fore.

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Sustainability Update

OCTOBER 30, 2021

From experience we know at G&A Institute that when firms move out of P/E portfolio (via IPO, SPAC , acquisition by larger firm, management buyout, other means) the proactive burnishing of corporate ESG reputations can be a big plus in the divestment of today’s P/E entity. TOP STORIES.

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Divestment Sustainable Investment Impact Investing Development 40

Jon Hale

NOVEMBER 19, 2021

Through direct engagement, proxy voting, and strategic divestment, they have the tools to infuence corporate behavior. but many financial advisors and investment consultants lack the knowledge or commitment to advise their clients on how to become climate-aware investors.

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Climate Change Net Zero COP26 Divestment 52

Edouard Stenger

MAY 24, 2017

As more and more institutions and people are divesting from fossil fuels globally, climate responsible finance is booming. Part of this revolution is the meteoritic growth of green bonds, which were started in 2007 by the World Bank and the European Investment Bank.

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Green Bonds Climate Change Banking Divestment 52

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.

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Stewardship Code Sustainable Investment Divestment Climate Change 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.

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Net Zero Paris Agreement Climate Change Banking 81

Chris Hall

MAY 5, 2023

Despite many pension funds declaring their frustration at laggardly transition planning in the sector, as engagement yields limited results, divestment still seems to be the hardest word. As such, it is a concern that the blueprint for a state-level ban on integrating ESG factors into investment decisions was passed in Florida this week.

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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.

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Net Zero Divestment Climate Change Sustainable Investment 52

Chris Hall

MAY 9, 2023

The SDR proposals include plans for three categories of sustainable investment label – sustainable focus, sustainable improvers and sustainable impact – to help investors differentiate between investment products with different objectives.

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Sustainability Matters

NOVEMBER 27, 2022

Investors want greener options and are willing to pay for it — since 2020 sustainability investments have increased 63%. Market regulator Hong Kong Exchanges and Clearing, with a $6 trillion market capitalisation, now requires issuers to disclose their environmental, sustainability and governance scores. billion annually.

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Sustainable Investment Divestment Net Zero Development 40

Chris Hall

FEBRUARY 27, 2023

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

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