The 28th Conference of the Parties (COP28) has been an eye-opening moment in our global environmental discourse. Hosted by one of the wealthiest oil-based economies in the world it still managed to offer stong positive insights into how the investment management industry can catalyse global economic growth and stability going forward. Finance Day has brought … Read more
The FCA has recently published its policy statement on Sustainability Disclosure Requirements (SDR) and investment labels. This follows the consultation issued by the FCA late last year in aid of its objectives to help consumers effectively identify and compare financial products which are in some way advertised as having ESG credentials. See also: – SDR … Read more
COP28 has concluded in Dubai with a new deal calling on all countries to “transition away” from using fossil fuels – the first time any such deal on fossil fuels has been agreed. However, critics say the deal is not ambitious enough, with a stronger message around a full ‘phase-out’ of fossil fuels omitted from … Read more
In a landscape dominated by a global economic slowdown, and game-changing technological developments such as generative artificial intelligence (GenAI), businesses are facing competing pressures when seeking to advance their sustainability commitments. Adding to this dilemma is the inescapable need for intensified global efforts on climate change – brought into focus by this year’s global stocktake … Read more
Efforts to direct capital into emerging market net-zero projects are facing an unintended obstacle from Sustainable Finance Disclosure Regulations (SFDR), with too few firms meeting the European Union’s high bar for investment, according to analysis by MSCI. The findings are part of MSCI’s Sustainability and Climate Trends to Watch for 2024 report, which also raised … Read more
Apollo Global Management is launching a clean transition private equity fund on its Luxembourg-based product platform, as part of the fund manager’s goal of deploying $50bn in clean energy and climate capital by 2027. The Apollo Clean Transition Equity ELTIF will launch via the Apollo Private Markets SICAV, after receiving regulatory authorization from Luxembourg’s Commission … Read more
The “highest levels of ambition” are on the table for the final global stocktake, according to Simon Stiell, executive secretary of the UN Climate Change Committee, with finance “the bedrock to scale-up climate action on all fronts”. His comments came at a media stakeout, held at the event on the eve of its conclusion, in … Read more
In this Green Dream video interview, Eleanor Fraser-Smith, head of sustainability at Victory Hill Capital Partners, urges investors to ask tough questions about the interconnected nature of the global transition, and explains the investment opportunities in carbon capture technology. Watch the full video interview above and read the transcript below. MN: Welcome back to the Green Dream … Read more
ESG Clarity sat down with Eric Pedersen, head of responsible investment and Nordea Asset Management (Nordea AM), to discuss what makes a successful engagement, how regulations have impacted the asset management company, and the action the firm is taking to decarbonise portfolios. Pedersen also explained why investors should be willing to engage with highly pollutant … Read more
The ESG agenda has quickly gained momentum within business and is reshaping organisational strategy, stakeholder engagement and resource allocation. Although diversity and inclusion sits within the ‘S’ of ESG, environmental sustainability often dominates ESG-related conversations and initiatives. However, there’s much DEI professionals can gain through understanding the qualities that have made ESG such a driving … Read more