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Colorado pension fund loses US$2.7 billion by not divesting from fossil fuels

Corporate Knights

Divesting from fossil fuels isn’t just good for the planet. billion in returns over the last 10 years by not divesting from fossil fuels. And in 2018, Ireland became the first country to divest its national investment fund completely from fossil fuel companies. It can be good for financial returns, too.

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2023 Moskowitz Prize Awarded To Research Measuring Financial Impact of Biodiversity Loss — Plus Honorable Mention Studies

3BL Media

The award, which recognizes high-impact research in sustainable finance, was presented to Stefano Giglio (Yale School of Management), Theresa Kuchler (NYU Stern), Johannes Stroebel (NYU Stern), and Xuran Zeng (NYU Stern).

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Responsible-investing trailblazer awarded Order of Canada

Corporate Knights

Over time, TCCR and other NGOs pressed for maximizing the access of shareholders and other stakeholders to information, shifting the emphasis from corporate responsibility to social accountability. The role of investors in improving access to verifiable information is also critical. Both divestment and shareholder action have a role.

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94% of Investors Say Corporate Sustainability Reporting Contains Unsupported Claims: PwC

ESG Today

The survey also examined areas in which investors were seeking sustainability-related information, with 76% reporting that it is important for companies to report on the cost of meeting their sustainability commitments, and 74% looking for reporting on the roadmap to meet those commitments.

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Persistent Engagement Vital on Climate – Aviva Investors

Chris Hall

Louise Wihlborn, Sustainable Investment Analyst at Aviva Investors, told ESG Investor that this year the firm will continue to increase the stringency of its escalation action, particularly with poorer performers. “We believe robust, persistent engagement can be a powerful agent for change.” Wihlborn said.

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

GreenBiz

And citizens and consumers will have the kind of granular information they need to more effectively target the decision-makers and brands standing in the way of a sustainable future. Sustainable investments should grow as divestment from carbon-intensive industries intensifies.

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UK FCA Warns on Green Fund Label Abuse

Chris Hall

The framework will form part of the UK’s Sustainability Disclosure Requirements (SDRs), the UK’s equivalent of Europe’s Sustainable Financ e Disclosure Regulation (SFDR). Consumers need the right information to make decisions,” said Sadan. I really want you to make sure that this is not about just divestment.