Weekend chat: Many companies and investors fear greenwashing claims, says sustainability guru February 6, 2022 Increasing biodiversity and expanding nature-based solutions to solve the climate crisis through so-called voluntary carbon markets (VCMs) are currently a hot topic. VCMs, which encompass all transactions of carbon offsets that are not purchased with the intention to surrender into an active regulated carbon market, do include offsets that are purchased with the intent to re-sell [...]
Dow Jones makes push into ESG as it launches sustainability data set for asset managers February 2, 2022 Dow Jones said this morning it has launched a sustainability data index to help the global financial community understand the performance and impact of a company’s Environmental, Social and Governance (ESG) practices. The initial offering is available for asset managers to make sustainable investment decisions and to better engage the growing audience of purpose-driven investors, [...]
It pays to be kind: Ethical companies raise cash over 20 per cent faster February 2, 2022 Ethical companies are completing funding rounds around 22 per cent faster than traditional firms, according to the latest research. Firms focussed on environment, social and governance (ESG) matters round off their fundraiser’s in 17 days on average, compared with 22 for businesses that are not, crowdfunding platform Crowdcube found. With nearly 75 per cent of [...]
Global ESG ranking of the world’s biggest banks: Which financial giants have the best credentials? February 1, 2022 Banks are increasingly vying to establish their ESG credentials in a very competitive marketplace, in the wake of last year’s COP26 climate talks and as they look to differentiate in the year ahead. For the first time, a full list of banks’ credentials has been compiled, carried out by East & Partners. The report found that BNP [...]
Hasta la vista: Arnold Schwarzenegger vows to ‘terminate pollution’ at climate change summit February 1, 2022 Former California governor and Hollywood star Arnold Schwarzenegger has vowed to “terminate pollution” at the sixth annual Austrian World Summit climate conference. The former bodybuilder and actor said he and Austrian president Alexander Van der Bellen would be welcoming “climate action heroes” from around the world for the event. The conference will take place in [...]
MJ Hudson boasts of strong performance amid surging demand for ESG services January 31, 2022 Asset management consultancy MJ Hudson has said it expects its strong performance to continue for the rest of this financial year due to strong demand for its ESG services The AIM-listed firm said it expects its strong performance over the past six months to continue for the rest of the financial year, as it said [...]
FTSE 100 firms are failing to tackle poverty, despite embracing ESG agenda January 23, 2022 Britain’s major companies are ignoring the “social” aspect of the ESG agenda by failing to pay attention to poverty, a think-tank has warned. James Kirkup, director of the Social Market Foundation, accused Britain’s biggest companies of “ignoring the S in ESG,” as he called on FTSE 100 firms to do more to tackle poverty. [...]
Exclusive: Most investors could not care less about ESG and sustainability January 20, 2022 With COP26 a few months behind us, more than half of UK investors admit sustainable investing is not a priority for them, with just under 45 per cent saying it is important and it is a priority in their investment portfolio. In fact, less than a third of British investors say COP26 and the UK [...]
Retail investors flock to sustainability firms January 10, 2022 Retail investors have flocked to ‘cleantech’ and sustainability firms as they look to capitalise on a wave of new entrants to the sector.
Private equity firms rush to go green as investors dodge climate risky investments October 18, 2021 “Climate risk is investment risk,” the ESG lead at investment heavyweight BlackRock has said, as the UN’s Principles for Responsible Investment (PRI) has outlined not only what countries need to do to hold back climate change, but what they are likely to achieve. To meet the Paris Agreement’s goals, countries will need to retire unabated [...]