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U.S. sustainable investing assets plunge by more than US$8 trillion

Corporate Knights

Sustainable investing assets in the United States have plunged by more than half to US$8.4 trillion at the end of 2019, according to a new report from the US Forum for Sustainable and Responsible Investment (US SIF). Sustainable investing assets skyrocket post 2014. trillion at the end of 2021 from US$17.1

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Canada is falling behind in global race to attract sustainable investments: Guilbeault

Corporate Knights

Canada is lagging in its efforts to drive private capital into sustainable investments to finance solutions on climate change and other environmental challenges. We are interested in sustainability not because we are environmentalists, but because we are capitalists and fiduciaries to our clients.” Who said that?

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The incredible shrinking climate ambitions of the world's largest asset managers

Corporate Knights

And it is just the beginning,” said Guterres, on the same day that scientists announced that July 2023 was tracking to be the hottest month ever recorded in human history. “It FinanceMap’s 2023 report analyzed $16.5 times higher exposure to green investments than the average asset manager. Climate change is here.

Net Zero 246
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The nuclear option

Corporate Knights

This turnabout has been most pronounced in the green bond market, where power utilities have, controversially, been adding nuclear energy as an option for green bonds. Is the nuclear industry using a smokescreen of net-zero to cover up its sustainability problems?

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SFDR: Market Divided on Future of Article 8, 9 Funds

Chris Hall

Article 8 funds promote “environmental and/or social characteristics”, while Article 9 refers to products that have a sustainable investment objective; all holdings within a fund must be sustainable investments that meet the standard of “do no significant harm”.

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Momentum Building on the Path to 2050

Chris Hall

Tim Day, Investment Fund Manager at Trina Solar, explains the importance of Europe’s sustainable investment community in the growth of solar power. EU regulation goes hand in hand with a decade-long trend of increased focus on green investment in the EU.

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BMW Invests $750 Million to Convert UK MINI Plant to All-Electric Production

ESG Today

The announcement marks a win for the UK’s Sunak government, which has set goals to establish itself as a hub for sustainable investment, but has come under fire for not sufficiently responding to the clean energy and industry packages launched by other major economies the U.S.