U.S. Bank brings on sustainable finance leader

U.S. Bank has established a new head of sustainable finance role at the company, hiring former Jennison Associates head of ESG, Guillaume Mascotto, the company recently announced. In the role, Mascotto is tasked with assembling a team that will be focused on sustainable finance business for U.S. Bank broadly, the firm stated. Mascotto is based … Read more

FCA sustainable fund label proposal nuances hammered out by industry

Investment industry groups have welcomed the UK Financial Conduct Authority’s (FCA) Sustainability Disclosure Requirements as a “marked improvement on the EU’s SFDR” as the chance to respond to the regulator’s proposals closes this week. “We are very pleased to respond today to the FCA’s consultation on sustainability disclosures and investment labels,” said James Alexander, CEO … Read more

The only future economy is a green one

Mission Zero, the review into the UK’s approach to reaching net zero by 2050, provides a welcome pathway for how the UK can achieve its legally-binding climate targets. It has never been clearer that the economy and climate change are inextricably intertwined – the only future economy is a green one.  Former energy minister Chris … Read more

Tech platform launches for ESG managers

A technology platform has been launched for fund managers and asset owners to get a centralised view of investment notes as well as share ESG engagements, reports, ratings and research. The Impactive Platform has been founded by Mais Callan (pictured), former stewardship lead at NEST and co-chair of the 30% Club UK Investor Group. She … Read more

Global sustainable flows bounce back in Q4

Global sustainable fund flows rebounded in the final quarter of 2022, attracting $37bn of net new money, a 50% jump on the previous quarter and a vast contrast to the $200bn withdrawal of cash seen in the wider fund universe. However, Morningstar’s Global Sustainable Fund Flows: Q4 2022 showed the rebound only occurred in three … Read more

PRI to align with global standards with reporting framework updates

The Principles for Responsible Investment (PRI) has updated its reporting framework in an attempt to better align it with global reporting processes. The PRI has the largest voluntary responsible investment reporting process in the world, although signatories are required to report annually. PRI reporting first took place in its current form in 2012 and is … Read more

Global sustainable flows up in Q4, down in US

Global sustainable fund flows rebounded in the final quarter of 2022, attracting $37bn of net new money, a 50% jump on the previous quarter and a vast contrast to the $200bn withdrawal of cash seen in the wider fund universe. However, Morningstar’s Global Sustainable Fund Flows: Q4 2022 showed the rebound only occurred in three … Read more

Transparent gender data paves way for reaping gender-driven results, advocates say

More women, more money.  That much is clear. But what women count, and how does the counting happen? That’s not clear, at all. Advocates and investors pushing for gender representation in corporate leadership are pressing harder for transparency related to the presence of women at key levels. After all, you can’t garner the results of … Read more