In March the UN held a conference in New York to discuss water. It was the first time the conference had been held since 1977. Despite some 2 billion people lacking access to safe drinking water and 40% of the world’s population affected by water scarcity, little attention has been paid to this sector. More … Read more
Social policies are on the rise at asset managers, but a fifth of firms confine them to their ESG or similarly mandated strategies, a ShareAction report has found. In part three of its Point of No Returns study, which assesses the policies and practices of 77 of the world’s largest asset managers, who collectively manage … Read more
Barrow Hanley Global Investors’ managing director, responsible investing and portfolio manager Ross Campbell was drafted into the Dallas-based firm six years ago to build out its ESG capabilities. Here, he talks to ESG Clarity US about partnering with companies to bring about positive change, the challenges of tilting towards greener investments and what motivates him … Read more
In part two of this Green Dream video interview, Jenn-Hui Tan, Fidelity’s global head of stewardship and sustainable investing, discusses the firm’s approach to measuring natural capital and investing in the just transition, while explaining why he thinks Asia is learning lessons from the mistakes made on sustainability in Europe. Part one of this video interview is … Read more
Former Securities and Exchange Commission (SEC) acting chair and commissioner Allison Herren Lee has joined climate accounting company Persefoni’s sustainability advisory board. Her role will be to advise Persefoni’s board and executive team on best-in-class climate disclosure standards and likely regulatory shifts, and on the integration of sustainability reporting into corporate and investment management. Lee’s … Read more
Three major institutional investors have tabled a climate shareholder resolution and signalled their intention to vote against the director responsible for Electric Power Development Co’s (J-Power) climate strategy at the company’s upcoming annual general meeting (AGM). Amundi, HSBC Asset Management and shareholder advocacy group the Australasian Centre for Corporate Responsibility have filed the resolution with … Read more
Cornelia Furse (pictured) has been appointed lead portfolio manager of the £500m Fidelity Sustainable Global fund. The move comes after Jamie Harvey, previously the fund’s lead manager, decided to leave the firm. He will cease portfolio management responsibilities on 31 July 2023. Furse will take over the role on 1 August. She will run the … Read more
In part two of this Green Dream video interview, Jenn-Hui Tan, Fidelity’s global head of stewardship and sustainable investing, discusses the firm’s approach to measuring natural capital and investing in the just transition, while explaining why he thinks Asia is learning lessons from the mistakes made on sustainability in Europe. Part one of this video interview is … Read more
Ahead of Shell’s AGM later this month, CA100+ investors have come out in support of a climate resolution that asks the company to align its Scope 3 emissions targets with the Paris Agreement. MN and PGGM, which lead CA100+’s engagement with Shell, have pre-declared their votes and flagged the climate resolution in the CA100+ alliance, … Read more
For sustainable investing in Asia, labelled bonds are a key opportunity; however, increasing scrutiny on ESG factors means investors must look beyond the label to assess the quality of all bonds that claim to be ‘sustainable’. Green, social, sustainability and sustainability-linked bonds are now front and centre of sustainable fixed income strategies, having grown to … Read more