In this year’s fun winter series for ESG Clarity, investment professionals in the sustainable investment industry answer questions on characters that would play them in panto, who needs to receive coal as a present, and ESG wishlists. Here, David Harrison, fund manager of the Rathbone Greenbank Global Sustainability fund flags the work carried out by CCLA, why we … Read more
BNP Paribas has launched the BNP Paribas Climate Impact Infrastructure Debt, an SFDR Article 9 fund that invests in energy transition projects across Europe. The fund currently holds financing for a low-carbon energy producer, a green-sourced heating platform, and a portfolio of wind farms. It hopes to raise €500-700m (£430-602m) from investors. BNP Paribas said … Read more
China’s unemployment rate for young people aged 16 to 24 hit headline-grabbing levels in June this year when it reached 21.3% (vs. 10.3% for OECD countries, after which the government stopped publishing age-related unemployment data. A scholar from Peking University recently suggested this figure may even be underestimated as it does not account for the … Read more
Almost six in 10 Luxembourg management companies, banks and insurance companies fulfilled the Sustainable Finance Disclosure Regulation’s (SFDR) “comply or explain” rules, according to a report, but discrepancies were found in the reporting of principal adverse impacts (PAIs) The study, Sustainable Finance in Luxembourg 2023: An expanded overview, by the Luxembourg Sustainable Finance Initiative (LSFI) … Read more
An open letter “urgently” calling for increased adoption of pass-through voting by asset managers has been issued by London CIV LGPS, alongside a group of pension providers, endowments and wealth managers overseeing over £250bn in assets. Signatories of the letter, including EQ Investors, Scottish Widows, London CIV and Guy’s & St Thomas’ Foundation, are aiming … Read more
In this year’s fun winter series for ESG Clarity, investment professionals in the sustainable investment industry answer questions on characters that would play them in panto, who needs to receive coal as a present, and ESG wishlists. Here, Boya Wang, ESG analyst at Morningstar, shares how we need to rethink the role of corporations, growing mismatches between what … Read more
Switching to an environmentally-conscious pension can save more carbon emissions than stopping flying, but most UK pension holders don’t know how to make the change, according to research. Scottish Widows’ latest Green Pensions Report has found that while most Brits are well aware of how to reduce their carbon footprint through changing their behaviours, two … Read more
Carbon offsetting platform, Abatable, and Gold Standard have joined forces to address key knowledge gaps around new regulations and policy changes affecting carbon markets, including those underpinning Article 6 of the Paris Agreement. Article 6 allows countries to transfer emissions reductions between each other to enable flexibility in meeting national climate goals. However, parties at … Read more
Financial institutions have been granted a “free pass” to neglect human rights and environmental impact, said ShareAction after political negotiations on the Corporate Sustainability Due Diligence Directive (CSDDD) concluded on Wednesday (13 December) – with financial institutions exempt from some requirements. After tough negotiations with divides over the inclusion of financial companies, the Council and … Read more
In this year’s fun winter series for ESG Clarity, investment professionals in the sustainable investment industry answer questions on characters that would play them in panto, who needs to receive coal as a present, and ESG wishlists. Here, Johnny Bowie, sustainability analyst at EQ Investors highlights a major climate victory, shares why he would love an … Read more