Less than quarter of companies have issued SFDR PAI statements

Only 21.6% of management companies have issued a publicly accessible Principal Adverse Impact (PAI) statement, which fails to comply with Sustainable Finance Disclosure Regulation’s (SFDR) Level II technical standards. A study conducted by PwC Luxembourg, and presented in the report Principal Adverse Impact Statements in the AWM Industry: Mind the Gap, found while there were … Read more

Porter appointed chair of Big Issue Invest

The Big Issue Group has elected Mark Porter as chair of their social investment arm, Big Issue Invest (BII), replacing departing chair Warren Taylor. Porter has spent over 35 years in the financial services industry in investment management, banking and investor services, which saw him hold a number of executive and board positions within institutional … Read more

Red flags to look out for in corporate transition plans

Transition plans could become a tool of large-scale greenwashing without coherent requirements, Reclaim Finance has stated. In its report, Corporate Climate Transition Plans: What To Look For, the organisation said there are many diverse frameworks around transition planning at a global level but trying to understand the different requirements has left companies scratching their heads, … Read more

Low-carbon energy transition investment reaches record levels

Global investment in the low-carbon energy transition grew by 17% in 2023, reaching $1.77trn, with China once again the largest market for investment in the sector despite a slowdown in growth in the Asia Pacific (APAC) region. According to BloombergNEF’s (BNEF) latest report, Energy Transition Investment Trends 2024, APAC has driven global energy transition investment … Read more

Calls for more water risk disclosure in apparel industry

Clothing companies have been exposed as failing to account for and disclose water risks across their value chain. Planet Tracker, a non-profit financial think tank, analysed 3,900 documents, transcripts and filings from apparel-related companies including major brands such as Ralph Lauren, Levi Strauss and Victoria Secret, looking at how the management teams of 29 major … Read more

Jupiter launches range of systematic equity funds

Jupiter Asset Management has launched five Article 8 funds to be managed by its systematic equities team. The range will include the Systematic Disruptive Technology fund, the Systematic Consumer Trends fund, the Systematic Healthcare Innovation fund, the Systematic Demographic Opportunities fund and the Systematic Physical World fund. Amadeo Alentorn (pictured), lead of the investment team … Read more

Ex-PRI CEO Reynolds takes role advising FAIRR

The Jeremy Coller Foundation has appointed Fiona Reynolds, former chief executive of Principles for Responsible Investment (PRI), in an advisory role as president of the FAIRR initiative and the Coller Pensions Institute (CPI). Founded in 2015, the FAIRR initiative provides market data, research and tools to help investors understand ESG risks and opportunities in the … Read more

EdenTree IM appoints chair of responsible investment panel

EdenTree Investment Management has appointed a chair of its responsible investment advisory panel. Will Oulton (pictured) takes up the role, bringing a wealth of experience from across the sustainable investment arena. He is currently chair of the European Sustainable Investment Forum (Eurosif), a non-executive director and board champion for ocean recovery at the UK-based Marine … Read more