Alquity, Nordea and Green Century Funds are among 17 investors that have written to MEPs and Member State environment ministers to take a “strong stance” on reducing plastic. In May the group, along with more than 100 other investors with around $10trn assets under management, signed a statement to consumer goods companies asking them bring … Read more
More than half of the companies who set measurable net-zero targets are failing to meet them, according to research by FTSE Russell, a subsidiary of the London Stock Exchange Group. The stock market index specialist found despite companies increasingly publicising net-zero commitments, and investors using these corporate targets to test companies’ alignment with 1.5°C or 2°C … Read more
UK regulator the Financial Conduct Authority (FCA) has delayed the publication of its policy statement on Sustainability Disclosure Requirements until the last quarter of the year. In a regulatory initiatives grid update from co-chairs Nikhil Rathi, CEO of the FCA, and Sam Woods, deputy governor, prudential regulation at the Bank of England, the regulator said: … Read more
The Transition Pathway Initiative (TPI) has appointed David Russell as chair, following the decision by Church of England Pensions Board chief responsible investment officer Adam Matthews to step down from the board in September. Russell (pictured) was formerly head of responsible investment for the Universities Superannuation Scheme. He has served on the TPI board since … Read more
It is unbelievable – but probably fair to say – that six years ago, the ESG space was thought of by some in the City as a little outré, a bit tie dye and crystals. But as the imperative to save the planet has moved to the forefront of everyone’s minds, ESG is most definitively … Read more
Bond investors have a “unique opportunity” to have an significant impact on ESG-labelled bonds and in some cases be more direct than equity investors, according to RBC Bluebay’s senior portfolio manager within the emerging markets debt team, Jana Harvey. In the latest episode of the Green Dream, Harvey explains the best times to engage with … Read more
Companies in funds targeting the Sustainable Development Goals (SDGs) on average sell just 1% of their products and services in countries most in need of sustainable development, Clarity AI research seen exclusively by ESG Clarity has found. The sustainability data platform looked at different countries’ progress towards the SDGs as laid out in the SDG … Read more
Almost half (47%) of Europe’s asset and wealth managers are yet to achieve boards made up of 40% women, despite this being the target required by the European Women on Boards Directive, according to the latest EY European Financial Services Boardroom Monitor. The continent’s financial services firms have until January 2026 to raise the number … Read more
The proportion of private equity managers assessing and measuring climate-related risks has risen by 12 percentage points to 55% over the last year, according to LGT Capital Partners. The firm’s annual ESG Report analyses the activities of 381 managers (including 309 private equity managers) globally, to assess improvements to ESG practices. The report revealed that … Read more
In this new 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, Steve Smith, fund manager, European equities and co-manager of the Invesco Sustainable Eurozone Equity Fund, reflects on companies finding climate … Read more