KPMG and CREATE have collaborated on a new report on the involvement of hedge funds in sustainable investing, which they define as investing that aims at three interlocking results: avoid harm and mitigate ESG risks; benefit all stakeholders; and contribute solutions to societal problems. The involvement of hedge funds inRead More
The energy and environmental sectors are still abuzz with the ambitious carbon neutrality plan announced by Beijing almost a month ago. Chinese President Xi Jinping announced that China would double down on its climate commitments and reduce its massive carbon footprint to net zero emissions by just 2060. At the U.N. general assembly, Xi announced that in addition to this extremely ambitious…
JP Morgan pledged to help clients align their business with Paris Agreement emission targets. HSBC announced up to $1 trillion in green energy funding. An investor group worth $20 trillion in assets urged heavy emitters to clean up their act. Another group, worth $5 trillion, said it will set lower-emission targets for its own investment portfolio. These are stories from just the last two…
Gain access and hear from Colin Purdie, CIO at Aviva Investors and the investment team in their "Deep Dive!" webcast series where they focus on Investment Grade, Credit. This webcast is on-demand and available to watch any time. The post How should ESG research be incorporated in credit portfolios? appeared first on Investment Magazine.
New Zealand Super’s low-carbon reference portfolio has outperformed the original reference portfolio, adding NZ$800 million to the fund and providing evidence of ESG alpha. The low-carbon reference portfolio, that until now has had targets of reducing emissions intensity by 20 per cent and its exposure to potential emissions from fossil fuel reserves by 40 per cent, has added about 60 basis…
A recent paper by two legal scholars warns of the absence of transparency, of the opacity, that investors may face in ESG funds and ESG exchange-traded funds. “Buyer Beware: Variation and Opacity in ESG ad ESG Index Funds,” is the work of Dana Brackman Reiser and Anne M. Tucker, whoRead More
The Church of England Pensions Board divested this week all its shares in ExxonMobil since the U.S. supermajor has failed to set targets to cut Scope 3 emissions—those generated by the products it sells—a spokesperson for the board told Bloomberg on Thursday. The Church of England Pensions Board, which manages more than US$3.62 billion (2.8 billion British pounds) in assets, has been one…
AustralianSuper chief executive Ian Silk was among those to commend the departure of Rio Tinto boss Jean-Sebastien Jacques following the Juukan Gorge scandal.
After years of just bubbling under, the ESG megatrend has finally opened the afterburners. At a time when the reminders of past flameouts by the fossil fuel sector have been amplified by the pandemic, the Environmental, Social, and Corporate Governance (ESG) momentum has reached fever-pitch with assets invested in ESG funds eclipsing the pivotal $100B mark. According to ETF navel-gazer ETFGI,…
Akademiker Pension, formerly known as MP Pension, has become the first Danish pension fund to exclude China from its investment universe due to human rights violations.
As more people look to investments for companies that act like better global citizens, exchange traded funds that track environmental, social and governance principles have attracted greater attention. As of July 30, ESG-themed ETFs attracted a record-setting $38 billion in new inflows for the year and crossed over $100 billion in total assets for the [...] The post ESG ETFs Gain in Favor as…
There’s no denying that environmental, social and governance (ESG) investing has become one of the hot sectors amid the Covid-19 pandemic. Add that space to the already growing exchange-traded fund (ETF) arena and you have a potent formula for investor interest–one that global investment giants Vanguard and BlackRock are finding opportunities with in climate change. [...] The post Vanguard,…
Blackrock selects FTSE Russell index for first climate risk-adjusted government bond ETF Submitted 05/10/2020 - 4:32pm FTSE Russell, the global index, data and analytics provider, has been selected for the launch of the iShares € Govt Bond Climate UCITS ETF (the Fund), which began trading on Deutsche Börse’s ETF venue, Xetra, on 5 October 2020. The Fund offers access to Eurozone…
By Nicolas Rabener of FactorResearch @FactorResearch INTRODUCTION Investors seeking exposure to global equities with a low carbon footprint could consider the iShares MSCI ACWI Low Carbon ETF (CRBN) or SPDR MSCI ACWI Low Carbon ETF (LOWC). CRBN has $500 million of assets under management, compared with $90 million for LOWC.Read More
The Canada Pension Plan Investment Board has formally outlined its expectations for portfolio companies when it comes to environmental, social and governance issues in a ...
Vanguard launches ESG US Corporate Bond ETF Submitted 24/09/2020 - 4:36pm Vanguard has launched its first fixed income environmental, social, and governance (ESG) ETF for US investors – the Vanguard ESG US Corporate Bond ETF (VCEB). The fund provides investors access to the US corporate bond market and expands Vanguard’s current index-and-actively-managed ESG offerings. Vanguard ESG US…
CFA Institute and the Principles for Responsible Investment recently recorded a webinar to discuss their findings on the Integration of ESG data in the fixed income world in the Americas. A replay of the webinar can be found at: ESG Integration in the Americas. Interested in the printed report? Please see: ESG Integration in the […]