Should all ESG funds get labels?

Given the seriousness of the many environmental and the social challenges we face, and the fact we are struggling to ‘keep +1.5 degrees alive’, I find it surprising that some in the investment community appear to think most funds that mention ESG or responsible ownership should qualify for a sustainability label. I don’t think they … Read more

‘ESG as a term has outlived its purpose’

Should ESG be more clearly defined? Is double-think a problem? Can any fund engage in greenwashing? Is net zero a clear concept? Did Tariq Fancy have some good points? In the latest episode of the ESG Out Loud podcast, ESG Clarity global editor Natasha Turner is joined by London Business School professor of finance Alex Edmans to discuss … Read more

Engaging asset managers on net zero

Stewardship is an important part of the investment process. Tell us about your recent stewardship successes with asset managers? Our stewardship work is conducted through a rigorous process whereby third-party fund managers are reviewed on their securities purchases, their own stewardship efforts and by a detailed questionnaire covering seven sustainability areas, such as biodiversity, climate … Read more

Investors up pressure on TotalEnergies to address Scope 3 emissions

A consortium of European asset managers including Man Group, Edmond de Rothschild Asset Management and PGGM Investments have filed a resolution to TotalEnergies asking the French oil major to address its emissions through reductions targets in line with the Paris Agreement. Alongside shareholder activist group Follow This File, the 17 asset managers, representing €1.1trn in … Read more

New Zealand regulator warns Vanguard over greenwashing penalty

New Zealand’s financial watchdog has issued a formal warning to Vanguard for failing to disclose details in time regarding infringement notices filed against it in Australia for alleged greenwashing. On 11 November, Vanguard was hit with three infringement notices by the Australian Securities & Investments Commission (ASIC) for alleged greenwashing. ASIC was concerned that Vanguard … Read more

‘Credible’ net-zero plans at just 5% of FTSE 100

Most (95%) FTSE 100 companies have not published net-zero plans that would be deemed credible or detailed enough under the UK government’s transition plan guidance, according to research by EY. Even companies within the 5% with full plans have more work to do before their published intention can be considered fully Transition Plan Taskforce (TPT)-aligned, … Read more

Human rights risks rising for EM sovereign ESG investors

Human rights are deteriorating across several middle-income countries that make up large  parts of government debt portfolios, creating conflicts for ESG investors, according to the latest Verisk Maplecroft sovereign ESG ratings.  Brazil, Indonesia, Mexico and South Africa are among the key sovereigns for ESG bond investors to watch, where institutions have weakened and violations have … Read more

UK renewables popular with investors but held up by red tape

With more engagement with ESG from retail investors, the investment platform space is buoyant with apps and innovation designed at increasing accessibility to ESG investments. One such fintech platform in the UK is Darksquare Capital, which allows investors access to alternative asset classes such as woodlands, wind farms, carbon capture and sustainable real estate. ESG … Read more