From hero to zero: How UK water companies present a sustainable dilemma for investors

Water pollution is an ancient problem in the UK, with sewage spills and other sources of contamination frequently making headlines. UK water quality was one of the worst among European countries in the 1970s/80s. High levels of contamination were largely due to the discharge of agricultural and industrial waste. Heavily polluted rivers, lakes and coastal … Read more

Federated Hermes hires sustainable investment director

Federated Hermes has hired Sian Long as an investment director for its impact and sustainable equity strategies. Long joins the asset manager after a one-and-a-half-year stint at AXA Investment Managers. She also spent two years at Schroders between 2019 and 2021 as an investment director in thematic and sustainable equities. See also: – Enter the … Read more

AVPN launches $3m Asian fund for youth wellbeing

The Singapore-headquartered Asian Venture Philanthropy Network (AVPN) has launched a $3m fund focused on the mental wellbeing of youth in Asia. The social investor network will work with Yayasan Hasanah, the foundation of Malaysian sovereign wealth fund Khazanah, to garner support for this cause from the private sector in Malaysia, it announced. Called the Asian … Read more

Companies can ‘go further, faster’ on sustainability as ISSB roll-out begins

The launch of the International Sustainability Standards Board (ISSB) S1 and S2 sustainability reporting standards today (26 June) has been called a “landmark day for the global economy and the financial sector” by Julia Hoggett, CEO of the London Stock Exchange Group. IFRS S1 General Requirements for Disclosure of Sustainability-related Financial Information and IFRS S2 … Read more

Tabula launches Paris-aligned fallen angels ETF

European ETF provider Tabula Investment Management has launched a Paris-aligned Global High Yield Fallen Angels Climate UCITS ETF. The Article 9 ETF has $50m in assets seeded by a large Nordic institution. It has been designed to maximise potential returns from fallen angels ­bonds – namely bonds that have been downgraded from investment grade – … Read more

We still have a vast array of nature’s tools to combat climate change

Recently, forestry-based carbon credits, and by proxy the voluntary carbon market, has come under intense scrutiny for greenwashing. The first part of this year was dominated by headlines around carbon credit providers being vilified for “phantom credits”, fake projects burned down by wildfires months before the credits being issued, or other well-intentioned projects that infringe … Read more

Green asset managers push on with energy transition

An investor-led consortium has pledged a three-year deal to accelerate pension fund and institutional investments in sustainable infrastructure and the energy transition.  The Investor Leadership Network (ILN) has the buy-in of the United States Treasury, The Rockefeller Foundation, and the Sustainable Markets Initiative to broaden and deepen private sector financing in emerging and developing economies.  … Read more

ESG ratings providers must prepare to jump through regulatory hoops after latest EU proposals

The EU Commission has now published it proposal for the regulation of ESG rating providers and whilst overall its terms are not a surprise, the obligations on non-EU ESG rating providers, and the currently projected timetable, will prove challenging for those having to grapple with the new regulatory framework, while potentially experiencing direct EU regulation … Read more

Reboot: Don’t be afraid to stand out

In a city of white shirts and grey suits, don’t be afraid to embrace your background, stand out and celebrate the diversity we have in the industry, says Suresh Mistry, head of sustainability at Alquity in this month’s Reboot video interview. He talks about why he initially left the industry as he didn’t feel he … Read more