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CFA Institute, PRI, GSIA Issue Harmonized Definitions for Sustainable Investing

ESG Today

Investors need language that enables them to communicate their responsible investment practices accurately, succinctly, and consistently. By unifying around common definitions, we support our signatories and members to communicate with confidence.” New terms are always emerging alongside new ideas, and definitions evolve over time.

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Sustainable Investment Surges in Non-US Markets – GSIA

Chris Hall

Global sustainable investment has passed US$30 trillion, but US excluded from majority of trend analysis figures due to “material change” in methodology. According to the GSIA’s data, the value of sustainable investments in Europe, Canada, Japan, Australia and New Zealand has risen from US$18.2 trillion to US$21.9

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Global ESG assets drop 14% as industry tightens grip on sustainability claims

Corporate Knights

As the COP28 meeting begins and the world looks to the financial sector to step up on the climate crisis, the global sustainable investment industry is finally coming to grips with allegations of greenwashing that have plagued it for years. Under the new definitions in 2022, those assets are 14% lower at US$30.3

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ESG Evolution Calls for Terminology Alignment

Chris Hall

Industry bodies align on key sustainable finance-related definitions to offer end-users greater “consistency and clarity”. Each definition includes a detailed explanation, a list of definitions from organisations that served as the primary inputs, and additional guidance for utilising these definitions in practice.

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Major investor alliance working to clean up greenwash lurking in ESG

Corporate Knights

In response to accusations of greenwashing and growing regulatory scrutiny, a group of high-powered financial networks is working to standardize the often-opaque jargon of the responsible investing industry. The value of global sustainable investment assets jumped from US$23 trillion in 2016 to US$35 trillion in 2020.

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MetLife Investment Management To Acquire Specialist ESG Manager, Affirmative Investment Management

3BL Media

MIM to expand sustainable investing solutions for institutional clients. December 15, 2022 /3BL Media/ MetLife Investment Management (MIM) , the institutional asset management business of MetLife, Inc. Goulart, president of MIM and executive vice president and chief investment officer for MetLife. SOURCE: MetLife, Inc.

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Morningstar Launches Platform Enabling Investors to Identify Fund ESG Risk, Impact & Opportunities

ESG Today

According to Morningstar, the platform recognizes a wide set of investors’ motivations and preferences regarding ESG investing, ranging from risk avoidance to contribution to sustainable impact. Investable World also provides investors with access to research-driven investment education resources across each of the key themes.