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ESG Today: Week in Review

ESG Today

Million to Turn Landfill Waste into Renewable Biofuels ESG Investing Texas Pulls $8.5 Billion From BlackRock Over ESG Investing BlackRock Calls Texas Decision to Divest $8.5 Renewables Developer Avantus Renovare Raising $7.5

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Decarbonising Investment Portfolios on the Journey to Net Zero

3BL Media

Financial organisations thus have a major role to play in the decarbonisation of the global economy, yet it is estimated that since the Paris Agreement in 2015, the 60 largest banks have instead invested $5.5 Clearly much more needs to be done to pivot towards more sustainable investment and lending practices.

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Bondholders Begin to Flex Their Muscles

Chris Hall

So far, they have thrown their support behind the burgeoning green bond market, where transparency and targets offer reassurance of positive impact, engaging less frequently with existing holdings. The influence of sustainability-minded investors can be seen in divestment strategies of both state- and privately-owned debt issuers.

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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.

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How Finance can help stop climate change: Green bonds

Edouard Stenger

As more and more institutions and people are divesting from fossil fuels globally, climate responsible finance is booming. Part of this revolution is the meteoritic growth of green bonds, which were started in 2007 by the World Bank and the European Investment Bank. But what are they? Price (how much does it cost?).

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The Future of Climate Investing

3BL Media

She cited the massive growth of ESG initiatives as a great achievement but was wary of the lack of democratized data that can clearly define certain ESG investments as sustainable. Pretorius and Free agreed and claimed investors will expect even more from companies than mere divestment from non-renewable assets.

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The ESG Interview: Pension Funds not Waiting for Perfect Data

Chris Hall

Cardano favours sustainable bonds that “provide an efficient solution for pension funds looking to hedge interest rate risk across liabilities while investing sustainably”, says Martindale. Investing in green bonds ensures that capital is supporting progress towards climate change targets.