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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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ESG Today: Week in Review

ESG Today

See below for the highlights of the past week, and get all your ESG news at ESG Today: Sustainability Goals, Initiatives and Achievements. Florida Bans ESG Investing in $228 Billion State Pension Funds. Texas Places BlackRock, Credit Suisse & UBS on Divestment List for “Boycotting” Fossil Fuel Companies in Anti-ESG Backlash.

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A tidal wave of new carbon emissions data soon will be upon us

GreenBiz

Among those involved are nonprofits including Carbon Tracker, CarbonPlan, Hudson Carbon, OceanCarbon, RMI, WattTime and the Earthrise Alliance, and tech companies Bluesky Analytics and Hypervine. Sustainable investments should grow as divestment from carbon-intensive industries intensifies.

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Take Five: Breaking Point

Chris Hall

Across the sustainable investment landscape, resources, patience and credibility are all being stretched. – Asset managers are hiring ESG and sustainability staff, you won’t be surprised to learn, and they’re almost certainly not alone. A selection of this week’s major stories impacting ESG investors, in five easy pieces. 

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UK Charities Embrace ESG While Clamping Down on Risk

Chris Hall

He said investors are doing so on the back of fewer barriers to such investment vehicles, while a rise in third-party services, such as ESG data and analytics support, is aiding trustees in venturing into non-traditional asset classes. They are being forced to look beyond traditional asset classes for risk-adjusted returns.”.

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An Integrated Transition

Chris Hall

For example, an asset manager may have a limited carbon footprint and can appear to be on track to net zero by divesting its high-carbon assets, however such action is effectively passing the problem onto someone else.