Recommendations to price the natural world into the global economy are a welcome step in the right direction for investors, according to industry experts. Last week, the Taskforce on Nature Markets (TNM) launched its Making Nature Markets Work report at a side event at the Amazon Summit, detailing how the unprecedented shift towards pricing nature … Read more
In this summer series for ESG Clarity, members of the sustainable investment industry tell us how their thinking on this fast-moving industry has adapted over the years and what changes that has led to. Here, Harry Waight, portfolio manager, global equites at Columbia Threadneedle Investments, discusses engagement versus avoidance, life expectancy and why he’s hitting the road … Read more
Nature data should not be kept behind paywalls or in proprietary systems, a study coordinated by the Taskforce on Nature-related Financial Disclosures (TNFD) has said. Twelve organisations, including CDP, the Global Reporting Initiative and the Science Based Targets Network, participated in a scoping study coordinated by the TNFD, which looked at three options for scaling … Read more
Nordea Asset Management has renamed and broadened the scope of its Nordea 1 Global Gender Diversity fund to expand its investment universe and focus on engagement. The global equity fund is now called the Nordea 1 Global Diversity Engagement fund. By extending the fund’s investable universe to include additional diversity and inclusion (D&I) factors, Nordea … Read more
“I work in sustainability because I love filling in forms” said no one, ever. Yet, as anyone working in the area of sustainability is all too aware, we’re increasingly under pressure to publish volumes of data at the moment, whether that’s investors filling in ESG fund assessments or companies evaluating carbon risk for their Taskforce … Read more
A number of sustainable strategies have become oversimplified and aren’t driving real-world impact, Roman Cassini, head of ESG at Hosking Partners, told ESG Clarity in this latest Green Dream video interview. He explains why sustainable funds are positioning themselves in low-carbon intensity companies or sectors, but this is not driving change at the pace the … Read more
The dust has settled on the launch of the highly anticipated first two standards from the International Sustainability Standards Board (ISSB), and while many in the sustainable investment industry have applauded this enormous feat, concerns have emerged around its applicability and take on materiality. IFRS S1 General Requirements for Disclosure of Sustainability-related Financial Information and IFRS S2 … Read more
Two members of Redington’s sustainable investing team have been promoted to managing director. Global head of sustainable investment Anastasia Guha (pictured, left) and head of stewardship and sustainable investment strategy Paul Lee (pictured, right) are among five total managing director promotions at the investment consultancy. Guha joined Redington in 2021 and leads the firm’s global … Read more
The Securities and Exchange Commission (SEC) ESG rules could be out this fall, before presidential election campaigning gets underway, according to Jerome Devillers, partner, energy and infra and ESG practices leader at Mazars. Speaking to ESG Clarity US about the long-awaited regulation, Devillers said disagreement about what should be included was causing the holdup, but that many financial advisers … Read more
Sustainable Finance Disclosure Regulation (SFDR) reclassifications dropped by 80% during the second quarter of 2023, according to analysis from Bloomberg Intelligence (BI). A report from BI analysis 25,000 SFDR funds found the total number of reclassifications in Q2 dropped sharply to 194 funds from 945 in Q1, only 20% of the reclassifications seen in Q1. … Read more