Responsible Pathway: Be aware of glossy engagement booklets

Advisers at last week’s Responsible Pathway event heard about the various approaches to engagement and the red flags to look out for during the first two panel sessions. In the opening panel, moderated by Square Mile’s senior investment consultant Jake Moeller, the panellists reflected on the world’s current global warming path with Moeller concluding: “You … Read more

EU ESG ratings proposal leaves ‘unanswered questions’

Following the publication this week of the EU’s proposal for regulation for ESG rating providers, industry commentators have called for further clarity, saying it leaves many questions unanswered. Earlier this week the EU Commission set out, among its wider sustainable finance package, the requirement that ESG rating providers must be authorised to provide ESG ratings in … Read more

Centering workers is a powerful model for responsible investment

Imagine, everyone has what they need to thrive. Every worker has dignity, respect, fair wages, and safety. It’s a beautiful idea. As investors, we can contribute to making this dream a reality. Worker-driven social responsibility (WSR) was developed as a response to corporate social responsibility. Corporations have the responsibility to respect human rights, which applies … Read more

BlackRock launches fund investing in materials sector transition

BlackRock is targeting the transition to decarbonize the materials sector with a new fund investing in the area. The BlackRock Brown to Green Materials fund aims to provide exposure to both materials that are essential to a transition, and opportunities created by decarbonizing materials supply. This includes companies engaged in metals and mining, chemicals, steel … Read more

Green Dream with ACI’s Bratton-Hughes: Texas is propelling the renewables transition

The debate around ESG investing in the US has evolved from a debate around fiduciary duty and maximising return, to Wall Street versus Main Street, American Century Investments’ head of sustainable investing Sarah Bratton-Hughes has said. In a visit to ESG Clarity’s London studio for this Green Dream video interview, New York-based Bratton-Hughes dispelled some myths … Read more

Seismic increase in climate litigation

“If asset managers are not worried about climate litigation, they should be.” That’s the stark warning to fund groups amid an explosion of climate litigation cases around the world targeting various sectors and players in the fight against climate change. LSE’s Grantham Research Institute on Climate Change and the Environment, and the Centre for Climate … Read more

UK’s first trans-led investment firm goes ‘all in on impact’

The experience of transitioning while working in the finance industry was a key motivation for Reece Tomlinson to set up an impact-focused investment firm. Saône Capital, which launched late last year, is reportedly the UK’s first trans-led investment advisory dedicated to supporting underrepresented founders. A private equity firm with a portfolio of 63% minority founders, … Read more

WisdomTree adds renewable energy ETF to range

WisdomTree has added the WisdomTree Renewable Energy Ucits ETF (WRNW) to its range of thematic exchange-traded funds. WRNW, an Article 9 fund under SFDR, seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Renewable Energy Index. The index is designed to track the performance of global companies involved in … Read more

LOIM hires nature expert for sustainable investment platform

Lombard Odier Investment Managers has hired a chief nature officer to develop the firm’s recently launched dedicated sustainable investment platform, holistiQ Investment Partners. Dr. Marc Palahí, who is an expert on forests, circular bioeconomy and global change, will work on the nature strategy within the platform, as well as integrating nature considerations across the firm. … Read more