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Fidelity International Adds 6 Article 9 Funds to Sustainable Investment Lineup

ESG Today

The EU SFDR regulation includes classification levels for sustainability-focused investment funds, including ‘Article 8’ funds that “promote environmental or social characteristics or a combination of those characteristics,” and the more stringent ‘Article 9’ funds, “which have sustainable investment as their objective.”

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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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ESG Today: Week in Review

ESG Today

This week in ESG news: Microsoft signs one of the largest ever carbon removal deals; Deloitte survey finds over 40% of Gen Z & Millennials would switch jobs over climate concerns; EU Parliament proposes ban on green claims based only on carbon offsetting; Morgan Stanley raises $500 million for climate solutions fund; most companies planning to (..)

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Canada's pension plan shouldn’t be a cheerleader for Alberta’s oil and gas industry

Corporate Knights

Graham’s speech also included dubious statements about divestment and the pace of transition away from fossil fuels, claiming that the “global investment community has also changed its tune when it comes to fossil fuel divestment.” This “consensus” is imaginary.

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Eaton Showcases Substantial Progress on 2030 Sustainability Goals, on Track to Meet Several Targets Ahead of Schedule

3BL Media

Sustainable solutions : Solutions that enable electrification, energy transition, electric grid resilience, increase efficiency in ground and air transportation or improve air quality represented 71% of the company’s net sales in 2022, up from 65% in 2021.

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Eaton Ahead or on Pace to Meet Many of Its Ambitious 2030 Sustainability Goals

3BL Media

Sustainable solutions : Solutions that enable electrification, energy transition, electric grid resilience, increase efficiency in ground and air transportation and improve air quality represented 65% of the company’s net sales in 2021. This critical work is all in service of our mission and core to the fabric of our organization.”.

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Credit Suisse Unveils Climate Action Plan for Asset & Wealth Management Units

ESG Today

In addition to the 2050 target, the climate action plan also introduces a goal to achieve a 50% reduction in investment associated emissions intensity by 2030, translating to a 6% annual reduction. The 2030 goal applies to the asset and wealth management divisions’ listed equities and corporate bond holdings.