Only 4% of companies disclosing in line with full TCFD recommendations

The sixth and final status report from the Taskforce on Climate-related Financial Disclosures (TCFD) has been published ahead of their work coming to a close, highlighting steady momentum in companies disclosing climate information. However, the taskforce called on companies to advance their progress to improve data and spur on investment On average for the 2022 … Read more

Castlefield hires co-manager of sustainable funds

Castlefield has hired a co-manager of its sustainable portfolio funds and platform models. Calum Wells joined the employee-owned financial and investment management business on 3 October to take up the position. In the new role Wells works alongside co-manager Simon Holman on the CFP Castlefield Sustainable Portfolio Growth fund and the CFP Castlefield Sustainable Portfolio … Read more

Tabula launches Article 9 ultra short bond ETF

Tabula Investment Management has launched an ETF to invest in Paris-aligned euro-denominated ultra short investment grade corporate bonds. The Tabula EUR Ultrashort IG Bond Paris-Aligned Climate UCITS ETF from the European ETF provider meets the criteria of an Article 9 fund under the Sustainable Finance Disclosures Regulation (SFDR). It also provides “significantly lower” portfolio greenhouse … Read more

Green Dream with Regnan’s Crockford: The industry is taking a breather

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 Green Dream video interview, the manager of the Regnan Global Equity Impact Solutions fund, a high conviction, diversified, global multi-cap portfolio, discussed … Read more

Looking beyond the stress test

Stress testing investment portfolios for climate scenarios greater than 2C of warming is, in the main, futile. So, why are we doing it? Let’s look first at why it should be considered ineffective. When thinking about the risks of a changing climate, the standard unit of measurement is gross domestic product (GDP). A report in … Read more

Chronos Sustainability expands human rights expertise

The sustainability advisory firm Chronos Sustainability has appointed Pins Brown as leading human rights expert. Brown brings 25 years’ experience in corporate responsibility and supply chain ethics, the firm said. Most recently, she was director of human rights at Natura & Co where she led the firm’s human rights policy and strategy. This October, Brown … Read more

Pimfa reveals winner of D&I awards

The financial industry came together last night to celebrate the best diversity & inclusion initiatives at the third Pimfa D&I Awards in London. LGT Wealth Management picked up a trio of gongs at the ceremony, while HSBC, Legal & General Investment Management and Lloyds were also recognised for shining a light on “excellent, often untold … Read more

CFA targets ‘cultural change’ as it launches UK diversity code

CFA Institute has launched the UK edition of its voluntary diversity, equity and inclusion (DEI) code for the investment profession designed to support organisations seeking to accelerate change by fostering a commitment to DEI. Signatory firms would commit to six metrics-based principles under the DEI Code intended to enable the greater inclusion of wider viewpoints … Read more

ESG Clarity Awards 2023: The winners

Companies and individuals that can put their head above the parapet and show continued dedication in trying times is something that should be showcased and celebrated. The past two years have been a trickier period for the responsible investment industry. More challenging market conditions have affected fund performance and flows, new regulation has tested firms’ … Read more

Japan ‘stands to lose huge value’ unless it acts on corporate governance

In this new series for ESG Clarity Asia, we’ll be exploring the opportunities and challenges for sustainable fund selectors in each country in Asia and highlighting the regulation and policy that could affect them. Changes sustainable fund selectors should know about Corporate governance has been a particular hot button issue in Japan for some time, and … Read more