Corporate Knights

MAY 31, 2022

Tariq Fancy, former BlackRock chief investment officer for sustainable investing, in a recent TEDx talk called fossil fuel divestment a placebo, equating it to giving wheatgrass juice to a cancer patient. These comments also show that there is a massive skills gap in the sustainable investment industry.

Sustainable Investment 363

Sustainable Investment Divestment Greenwashing Academics 363

Corporate Knights

JULY 14, 2022

EE: The debate about divestment versus engagement in fossil fuels is probably more heated now than ever. MH: Choosing among responsible investment tools – positive and negative screening, divestment and engagement – is complicated. Both divestment and shareholder action have a role. What are your thoughts on that?

Divestment 266

Divestment Ethical Investment Greenwashing Negative Screening 266

Chris Hall

OCTOBER 31, 2022

Immediately divesting from companies with a poor ESG-related track record isn’t always the answer to ensuring a just transition. This panel will look at how active engagement can contribute to transition efforts globally, and, in instances where it fails, how divestment should be a last resort.

Divestment 52

Divestment CDP Sustainable Investment Banking 52

ESG Today

MARCH 24, 2024

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

Supply Chains 91

Supply Chains Supply Chain Green Bonds Decarbonize 91

Chris Hall

OCTOBER 13, 2023

Pension fund makes case for divestment, against backdrop of increasingly positive climate policy across major markets. In response, PME has divested from fossil fuel investments and redirected the funds towards the energy transition by focusing on solar and wind projects.

Divestment 58

Divestment Paris Agreement Climate Change Net Zero 58

Chris Hall

MAY 17, 2023

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.

Divestment 52

Divestment Net Zero Sustainable Investment 52

ESG Today

AUGUST 28, 2022

See below for the highlights of the past week, and get all your ESG news at ESG Today: Sustainability Goals, Initiatives and Achievements. Florida Bans ESG Investing in $228 Billion State Pension Funds. Texas Places BlackRock, Credit Suisse & UBS on Divestment List for “Boycotting” Fossil Fuel Companies in Anti-ESG Backlash.

Supply Chains 120

Supply Chains Supply Chain Net Zero Divestment 120

Chris Hall

APRIL 1, 2022

The fund was previously under pressure to divest from carbon-intensive oil and gas companies but, like other asset owners, CalSTRS is choosing to engage, with divestment serving as a last resort. . If engagement and voting fails to promote positive change amongst investee companies, NBIM has demonstrated its willingness to divest.

Divestment 52

Divestment Net Zero Climate Change Sustainable Investment 52

Chris Hall

OCTOBER 27, 2023

Across the sustainable investment landscape, resources, patience and credibility are all being stretched. – Asset managers are hiring ESG and sustainability staff, you won’t be surprised to learn, and they’re almost certainly not alone. A selection of this week’s major stories impacting ESG investors, in five easy pieces. 

Divestment 81

Divestment Sustainable Investment Value Creation Academics 81

ESG Today

NOVEMBER 16, 2023

The report also found that investors have been active in pursuing their sustainable investment agendas, with over half saying they have turned to incentives such as incorporating progress on meeting ESG targets into executive pay, 50% reporting having submitted ESG-related shareholder resolutions, and 42% saying that they have divested their stakes (..)

Greenwashing 120

Greenwashing Divestment Sustainable Investment Climate Change 120

Chris Hall

FEBRUARY 15, 2023

Investor appetite for sustainable investment continues to increase, but demand is outstripping supply, with nearly nine in ten (88%) of institutional investors calling for more product innovation from asset managers. Investors must decide on how well-aligned funds are to climate action and sustainable outcomes, he said.

Net Zero 52

Net Zero Divestment Greenwashing Sustainable Investment 52

Corporate Knights

OCTOBER 17, 2022

Last month, the Canada Pension Plan Investment Board (CPPIB) released its 2022 Report on Sustainable Investing , highlighting its commitment to be net-zero by 2050 and its engagement strategy to pressure companies to manage climate risks.

Net Zero 363

Net Zero Sustainable Investment Zero Carbon Greenwashing 363

Chris Hall

FEBRUARY 16, 2022

Canadian pension fund to eschew “blanket divestment”, emphasising role as “active investor and influencer”. Blanket divestment is not the best way to maximise returns without undue risk of loss. And it isn’t the way that we as active investors have maximised our returns over time.”.

Net Zero 52

Net Zero Divestment Climate Change Chief Sustainability Officer 52

3BL Media

SEPTEMBER 29, 2023

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.

Net Zero 147

Net Zero Divestment Banking Stranded Assets 147

Chris Hall

OCTOBER 5, 2022

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). Sadan also advised that in order to affect change on firms’ ESG practices, investors need to engage over the long term rather than divest investment.

Divestment 52

Divestment Greenwashing Sustainable Investment Green Investing 52

GreenBiz

FEBRUARY 9, 2021

Sustainable investments should grow as divestment from carbon-intensive industries intensifies. As a result, we can expect to see personal, political and business incentives tilt in favor of more action to combat climate change. Faster private- and public-sector innovation to get emissions down should follow.

Greenwashing 348

Greenwashing Climate Change Divestment Net Zero 348

Chris Hall

JULY 21, 2023

Article 9 funds are considered the most sustainable, requiring portfolios with 100 per cent sustainable investments. The advantages of Article 9 funds lie in their ability to provide clear signals to investors regarding their commitment to sustainability.

Sustainable Investment 52

Sustainable Investment Greenwashing Climate Change Paris Agreement 52

Chris Hall

NOVEMBER 4, 2022

In particular, many states have enacted laws or other policies requiring state entities to integrate sustainability factors into their investment policies, processes and decisions. For instance, Illinois enacted the Illinois Sustainable Investing Act in 2019. Legislators in New Jersey have introduced a similar bill.

Divestment 52

Divestment Paris Agreement Sustainable Investment Development 52

ESG Today

JANUARY 23, 2023

Additionally, the report found that the “sea change in attitudes towards ESG and sustainable investment approaches” has extended to real assets, with 93% of investors considering ESG factors in real asset investment decisions, including 17% who consider the matters as “critical and deciding” factors.

Divestment 90

Divestment Net Zero Greenwashing Sustainable Investment 90

Chris Hall

OCTOBER 10, 2022

Research predicts new demands on asset managers, as clients’ sustainable investment priorities mature. Institutional and intermediary clients’ sustainable investment demands are growing increasingly sophisticated, requiring managers to reappraise their skills and budget levels.

Sustainable Investment 52

Sustainable Investment Stranded Assets Negative Screening Divestment 52

Chris Hall

APRIL 25, 2022

Alignment is not just about divestment, said Bolli, but about a “collaborative mindset” that uses engagement to steer investee companies on the right path. . Only if engagement and voting don’t work would there be a need to divest, given the risk of stranded assets on the balance sheet, she noted. . Collaborative mindset .

Net Zero 52

Net Zero Divestment Paris Agreement Stranded Assets 52

Chris Hall

NOVEMBER 30, 2023

In May , Phoenix Group became the CA100+’s new Shell co-lead, following the Church of England stepping back from engagement after five years and divesting from the oil and gas giant the following month.

Net Zero 58

Net Zero Climate Change Paris Agreement Sustainable Investment 58

Chris Hall

DECEMBER 13, 2022

Climate change is the leading issue being addressed by US asset owners that incorporate ESG factors into their investment decisions, according to the US SIF Foundation’s latest biennial Report on US Sustainable Investing Trends. Managers also reported applying fossil fuel divestment screens across US$1.2

Climate Change 52

Climate Change Net Zero Negative Screening Sustainable Investment 52

Chris Hall

APRIL 29, 2022

All were quick to acknowledge the progress made since the last time such sustainable investment get-togethers were done face to face. To divest from carbon-intensive firms without understanding their future plans, she warned, risked a “paper decarbonisation”, rather than real reductions in carbon emissions.

Net Zero 52

Net Zero Sustainable Investment Divestment Banking 52

Chris Hall

OCTOBER 7, 2022

The measures serve as a reminder of the long-term consequences of the invasion, for human rights on the ground, and for business and investment ties further afield. Divestment from Russian investments was a complex affair and an incomplete one.

Negative Screening 52

Negative Screening Supply Chains Supply Chain Divestment 52

Chris Hall

JANUARY 31, 2023

Bolli was co-lead author of the protocol report, alongside Udo Riese, Global Head of Sustainable Investing at Allianz Investment Management. The latest edition of the protocol for members includes targets on private assets and outlines ways to report on sovereign bond emissions.

Net Zero 52

Net Zero Divestment Paris Agreement Sustainable Investment 52

Chris Hall

MARCH 22, 2023

Students are also starting to pressure their universities to divest from border and surveillance companies. Investors speaking on the webinar pointed to a lack of internal resource and will, with challenges sourcing data and information also impeding attention.

Divestment 52

Divestment Climate Change Supply Chains Supply Chain 52

Chris Hall

NOVEMBER 11, 2022

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.

Divestment 52

Divestment Net Zero Sustainable Investment Climate Change 52

Chris Hall

JULY 4, 2023

Paul Lee, Head of Stewardship and Sustainable Investment Strategy at investment consultants Redington, told ESG Investor the proposals should simplify the vote reporting process for both parties.

Stewardship Code 52

Stewardship Code Sustainable Investment Divestment Climate Change 52

Richard Matthews

FEBRUARY 7, 2022

Sustainable and Responsible Impact Investing in the US. SRI and Impact Investing to Combat Climate Change. International Impact Investing Challenge. Eleven Resources for Responsible Investing Including Divestment from Fossil Fuels. The Value of Investing in Climate Mitigation (WEF Summaries).

Impact Investing 64

Impact Investing Climate Change Divestment Sustainable Investment 64

Sustainability Update

OCTOBER 30, 2021

From experience we know at G&A Institute that when firms move out of P/E portfolio (via IPO, SPAC , acquisition by larger firm, management buyout, other means) the proactive burnishing of corporate ESG reputations can be a big plus in the divestment of today’s P/E entity. TOP STORIES.

Divestment 40

Divestment Sustainable Investment Impact Investing Development 40

Chris Hall

APRIL 6, 2022

Meanwhile in the asset management sector, Legal & General Investment Management said it would divest from Russian sovereign debt and the manager has reduced total exposure to 0.1% of AUM or £1.3 billion. .

Divestment 52

Divestment Digitalization Banking Supply Chains 52

Chris Hall

OCTOBER 12, 2022

Newton reported that engagement is once again the most popular way of considering ESG factors – chosen by 59% of charities, compared to only 27% that prefer divestment. Trustees are also opting to utilise screening, with a modest increase in all types of commonly barred investments, besides armaments. Engagement to the fore.

Divestment 52

Divestment Impact Investing Climate Change Net Zero 52

Chris Hall

MAY 5, 2023

Despite many pension funds declaring their frustration at laggardly transition planning in the sector, as engagement yields limited results, divestment still seems to be the hardest word. As such, it is a concern that the blueprint for a state-level ban on integrating ESG factors into investment decisions was passed in Florida this week.

Divestment 52

Divestment Net Zero Academics Sustainable Investment 52

Chris Hall

JUNE 14, 2023

This slashes portfolio emissions and sends a strong signal to oil and gas firms about the financial consequences of failing to set out credible transition plans.

Net Zero 52

Net Zero Divestment Climate Change Sustainable Investment 52

Sustainability Matters

NOVEMBER 27, 2022

Investors want greener options and are willing to pay for it — since 2020 sustainability investments have increased 63%. Market regulator Hong Kong Exchanges and Clearing, with a $6 trillion market capitalisation, now requires issuers to disclose their environmental, sustainability and governance scores. billion annually.

Sustainable Investment 40

Sustainable Investment Divestment Net Zero Development 40

Chris Hall

MAY 9, 2023

The SDR proposals include plans for three categories of sustainable investment label – sustainable focus, sustainable improvers and sustainable impact – to help investors differentiate between investment products with different objectives.

Stewardship Code 52

Stewardship Code Net Zero Sustainable Investment Divestment 52