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UK Pushed to Catch up with Europe on ESG Ratings

Chris Hall

But experts are concerned the UK is lagging the EU, after HM Treasury said in its consultation response that the finalised rules will take up to four years to come into force. Grey area The exact scope of the UK’s regulatory regime is still yet to be wholly defined.

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Take Five: Carney Holds the Cards

Chris Hall

Carneys central banking experience, forged in the fires of the global financial crisis and Brexit, may prove priceless to the smallest Group of Seven economy when dealing with a volatile wielder of tariffs. Peak pressure – Asset managers may not be our best hope for saving the planet, according to recent academic research.

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Most Canadians want their investments to align with climate action

Corporate Knights

Yet many Canadian banks, pension funds, insurers and large companies still underinvest in clean energy and disproportionately invest in oil, gas and coal. Earlier this year, Canada was recognized as a “low-regulation jurisdiction” on sustainable finance by a UN sustainable investment group.

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Why corporate reporting isn’t a proxy for progress

GreenBiz

Chouinard and his coauthors highlighted the many efforts to dollarize ecosystem services (including efforts by The Nature Conservancy plus PwC, the UN Millennium Ecosystem Assessment, The World Bank and Puma/Kering plus Trucost and their environmental profit and loss, or EP&L). ESG funds were invested in oil and gas companies.

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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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SDSN Supports Academic Conference on Growth, Resilience and Sustainability in Asia

Sustainable Development Network

It began with a keynote address by Professor Mari Pangestu , Managing Director of World Bank of Development Policy and Partnership. To conclude the days’ event, participants attended networking dinners sponsored by the Economic Research Institute for ASEAN and East Asia (ERIA) and the Asian Development Bank.

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Time to Push Back

Jon Hale

Never mind that this could cost those states billions of dollars by having to pay higher fees to smaller “anti-ESG” banks and asset managers, if they can find any. More on this below. but politically correct in the grifter sense?—?asset asset managers.”