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Digital options for voting in AGMs and engaging in banking services can broaden participation in those areas, and help companies work towards the UN sustainable development goal (SDG) of financial inclusion. Sustainable development goal 8 explicitly targets financial inclusion – measured by the number of ATMs accessible to the public, and the proportion of adults … Read more

Mark Manning, technical specialist for sustainable finance and stewardship at the Financial Conduct Authority (FCA), has announced he is leaving the regulator to set up an advisory business. In a LinkedIn post, Manning (pictured) said he was “moving on” at the end of the year to launch New Paradigm Advisory, a business “dedicated to helping … Read more

The Treasury Committee held its first oral evidence session for the Sexism in the City campaign on Tuesday (17 October), which aims to tackle the obstacles women face in the financial industry. The panel included Baroness Helena Morrissey, chair of the Diversity project; Fiona Mackenzie, CEO of The Other Half, Alesha De-Freitas, head of policy, … Read more

Waverton’s senior multi-asset and sustainability analyst Paris Jordan is leaving her role to become head of responsible investing at Charles Stanley. Jordan has worked at Waverton for almost three years, being responsible for idea generation, portfolio construction and the responsible investing assessment of more than £2bn of third-party funds. She also led ESG integration for … Read more

Results from the latest round of Climate Action 100+’s (CA100+) Net Zero Company Benchmark assessments show that most focus companies are not on track to meet the goals of the Paris Agreement and reduce investor risk. Implementing an updated and more ambitious benchmark to assess focus companies on their net zero transition plans, CA100+ found … Read more

Asset owners’ total financed greenhouse gas emissions (GHG) fell 3.5% to 213.4 tonnes of carbon dioxide in 2022, according to the latest progress report from the UN-Convened Net-Zero Asset Owner Alliance. The alliance said this is despite the number of members growing from 74 to 86 over the past year, now representing $9.5trn in assets. … Read more

Green bonds are propelling the worldwide ESG debt market, according to analysis by Bloomberg Intelligence, with issuance up 8% so far in 2023 on last year. The resilience of the green bond market in the first nine months of the year saw issuance exceed $505bn, or 48% of total sustainable issuance.  Social bond issuance has … Read more

The sustainable investment industry is going through a “healthy workout period”, giving investors a chance to truly understand where the “different flavours of sustainability” sit within their portfolios, according to Regnan’s Tim Crockford. In this video interview, the manager of the Regnan Global Equity Impact Solutions fund, a high conviction, diversified, global multi-cap portfolio, discussed the … Read more

MEPS have reaffirmed their commitment to the European Sustainability Reporting Standards (ESRS) after a vote in the European Parliament confirmed that mandatory sustainability reporting will now apply to 50,000 companies from January 2024 onwards. According to the Global Reporting Initiative (GRI) and EFRAG, the body mandated to develop the ESRS, a high level of interoperability … Read more

In the ever-evolving landscape of sustainable finance, European fund groups have been wrestling with a perplexing question: Which sustainability disclosure pathway under the Sustainable Finance Disclosure Regulation (SFDR) should they tread? Article 6, 8, or 9? Do they actually have a choice, given that these aren’t fund classifications, and the criteria have undergone more twists … Read more