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Sustainable investments had secretly great year

Corporate Knights

Despite appearances, sustainable investments have quietly had a great year. Given the poor performance of green energy stocks and the chorus of opposition against anything viewed as “woke,” it’s easy to get lost in the narrative that the shine has worn off sustainable investing. But that’s not what I’m seeing.

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The biggest carbon losers

Corporate Knights

But 40% of the reductions came from divesting, or selling off, dirty assets, which from the atmosphere’s perspective is akin to rearranging deck chairs on the Titanic. In terms of sustainable capital expenditures, as a whole the 20 companies projected total sustainable investments of $528 billion (all figures in U.S.

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ESG funds pouring millions into meat company linked to Brazil deforestation

Corporate Knights

Ashley Thomson, Global Witness’s US Senior Policy Advisor Similar concerns have also been raised by Tariq Fancy, BlackRock’s former sustainable investment chief, who criticised the firm for “misleading investors” by using the ESG label, calling it a “dangerous placebo”. JBS is widely regarded as an ESG pariah.

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2023 Moskowitz Prize Awarded To Research Measuring Financial Impact of Biodiversity Loss — Plus Honorable Mention Studies

3BL Media

The award, which recognizes high-impact research in sustainable finance, was presented to Stefano Giglio (Yale School of Management), Theresa Kuchler (NYU Stern), Johannes Stroebel (NYU Stern), and Xuran Zeng (NYU Stern).

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What The Wall Street Journal missed about sustainable investing

Jon Hale

End of Week Notes It’s not a “craze” and sustainable investors aren’t naive I suppose it’s a sign of success when The Wall Street Journal sees fit to launch a weeklong critique of sustainable investing. Instead, it’s turning toward stakeholder capitalism, which is supported and enabled by sustainable investing.

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BlackRock Strikes Back Against Climate Activism Claims

ESG Today

The investor has emerged over the past several years as a leading voice in the investment community on climate change and energy transition-related themes, but has been clear in its belief that these issues are considered from a fiduciary perspective, with clients’ long-term interests in mind.

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CalSTRS Targets Company Directors on Social, Climate Record

Chris Hall

The fund was previously under pressure to divest from carbon-intensive oil and gas companies but, like other asset owners, CalSTRS is choosing to engage, with divestment serving as a last resort. . Norges Bank Investment Management (NBIM), which manages Norway’s US$1.1 As of 31 May, 2021, CalSTRS manages US$306.7