ESG investing took the advice world by storm a couple of years ago. But the investment strategy came too quickly on the scene – and now the industry is starting to face the consequences. A recent survey by Saltus found that scepticism and mistrust are preventing high-net-worth individuals (HNWIs) from investing in green and social … Read more
Those early to decarbonise face numerous challenges beyond their direct control in their pursuit of achieving this objective; ranging from the embedded emissions in the energy system they operate within, to exposures within the supply chain, to selling products and services that have no proven pathway to net zero. Consequently, companies have turned to offsetting … Read more
When a company experiences a decline in its reputation, financial value, or both, it’s easy to point fingers and blame external factors. However, more often than not, the root cause can be traced back to a cultural failing within the organisation. In the case of the recent scandal at the CBI, the failure to address … Read more
BlackRock, State Street and Capital Group are among the largest investors in the oil and gas sector, despite being members of the Net Zero Asset Managers (NZAM) initiative publicly backing efforts to limit global warming to 1.5°C. The top 35 asset managers by value of aggregated oil and gas positions at end 2022 in total … Read more
“The interesting thing for Asia is the sheer scale of Australia,” Octopus Investments CIO Jonathan Digges tells me as we sit down in the studio to film. We’re recording following Digges’ recent trips to Asia, where he fills us in on the appetite for ESG investing he’s seen and the firm’s work in the region. … Read more
In response to a number of EOS clients becoming increasingly focused on cost of living concerns, EOS integrated cost of living engagements into its stewardship programme during 2022. In particular clients want to know how the companies in which they invest are providing fair, living wages to their workforce in conjunction with good quality employment. … Read more
The International Energy Agency’s (IEA) analysis that a pathway to net zero will require no new oil and gas projects is “a bit more complicated than that”, Barclays group chair Nigel Higgins said yesterday at an AGM dominated by climate concerns. Held in London yesterday, the bank’s AGM faced some 15 questions from ordinary and … Read more
Equileap, the gender data provider, and Indxx, have partnered to launch a women in technology index in the US. The Indxx Equileap US Women in Technology Index will track the performance of technology companies in the US that are making the most improvement in terms of gender representation throughout their whole corporations. Currently topping the … Read more
While climate transition and physical risks are important considerations in our credit analysis, we have taken few climate-related actions on our rated nonfinancial corporates since 2022. The IPCC has reported on the climate urgency and the UN has relayed the need to limit global warming to well below 2°C, but this has so far not … Read more
Achmea IM, AXA IM and Sarasin & Partners are among 185 investors with $10trn calling on companies to do more to tackle plastic waste. In a joint statement, signatories warned the plastics lifecycle “poses a serious and growing threat to the environment, climate, biodiversity, human rights and public health” and calls on companies to “set … Read more