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abrdn Appoints Dan Grandage as Chief Sustainability Officer, Investments

ESG Today

Edinburgh-based global investment company abrdn announced today the appointment of Dan Grandage as Chief Sustainability Officer, Investments, replacing Amanda Young in the role, who left the business at the end of April after leading the firm’s sustainable investing group since early 2022.

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CPP Investments Appoints Richard Manley as Chief Sustainability Officer

ESG Today

CPP Investments, the investment manager of the Canada Pension Plan, announced today the appointment of Richard Manley as Chief Sustainability Officer. Manley has been serving as Head of Sustainable Investing at CPP Investments, since joining the firm in 2019.

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Individual Investors in the U.S. Outpace Their Global Peers in Sustainable Investing

3BL Media

Europe, and Japan, “close to 80% of individual investors believe that it is possible to balance market rate returns with a focus on sustainability,” notes Jessica Alford, chief sustainability officer of the company. The survey was conducted by Morgan Stanley Wealth Management and the Institute for Sustainable Investing.

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Fidelity International to Focus Sustainable Investing Efforts on Key Themes Including Nature Loss, Climate, Governance, Social Disparities

ESG Today

Investment management firm Fidelity International announced today a new focused sustainable investment approach, targeting four systemic themes, including nature loss, climate change, strong and effective governance, and social disparities, which will drive the firm’s engagement approach towards influencing positive change.

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80% of Companies See Sustainability as a Potential Revenue, Profitability Driver: Morgan Stanley Survey

ESG Today

The study also found nearly all companies, 92% expect climate change to impact their business models by 2050, while 23% report that it is already a risk to their business model today, similar to risks including technological change (25%), competitor actions (25%) and supply chain instability (23%).

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Morgan Stanley will measure CO2 impact of loans and investments

GreenBiz

"We are excited to join PCAF and to support the important work they are leading to build a methodology for global banks' efforts to track and measure climate change risks," said Audrey Choi, Morgan Stanley's chief sustainability officer and CEO of the Morgan Stanley Institute for Sustainable Investing.

Banking 473
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Kering, L’OCCITANE Launch Nature Protection Fund for Luxury Fashion & Beauty Sectors

ESG Today

Kering, owner of luxury brands including Gucci, Saint Laurent, and Bottega Veneta, and Natural cosmetics and well-being products manufacturer and retailer L’OCCITANE Group announced today the launch of Climate Fund for Nature, aimed at supporting high-quality projects dedicated to nature protection and restoration.