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

GreenBiz

Sustainable investments should grow as divestment from carbon-intensive industries intensifies. Finance & Investing. Featured in featured block (1 article with image touted on the front page or elsewhere). Sponsored Article. Faster private- and public-sector innovation to get emissions down should follow.

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How Institutional Investors Can Be Involved in Climate Actions

Chris Hall

Understanding SFDR classifications One of the key frameworks guiding investment decisions is the EU’s Sustainable Finance Disclosure Regulation (SFDR). SFDR offers three main classifications: Article 6, Article 8, and Article 9. Additionally, it requires the faith of the largest fund managers.

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The 10 Big Things To Watch Across World’s Energy Markets in 2023

3BL Media

Sustainable Investing – Greater Scrutiny. The finance industry will also realize that truly green assets – like those meeting EU’s Article 9 category – are too few to green the entire economy. The divestment movement will wane. Jonas Rooze, manager of sustainability and climate research. Wed, 01/11/2023 - 14:05.

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Rebranded ESG Funds Offer Imperfect Path to Net Zero

Chris Hall

Investor appetite for sustainable investment continues to increase, but demand is outstripping supply, with nearly nine in ten (88%) of institutional investors calling for more product innovation from asset managers. Investors must decide on how well-aligned funds are to climate action and sustainable outcomes, he said.

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This Week’s Fund News: HSBC AM Launches Sustainable Bond for EMs

Chris Hall

ESG Investor’s weekly round-up of news about funds designed to meet sustainable investing criteria, including HSBC AM, RLAM, LOIM, Algebris Investments and TLEI. . HSBC Asset Management has launched the HGIF Global Emerging Markets Corporate Sustainable Bond fund.