Research
401(k) Plans Need a Plan When Incorporating ESG Investing
DCIIA offers ‘tactical steps’ for integrating sustainable investing into defined contribution plans.
Tag: environmental social and governance
GOP Senators Lash Out at BlackRock, State Street for ‘Left-Leaning’ ESG ‘Pressure’
Pat Toomey and Ron Johnson say firms’ CEOs are putting personal views above their fiduciary duty.
Pensions
Japan’s $1.7 Trillion Pension Giant Breaks Record, Returns 25% in 2020
Red hot equities help the world’s largest pension fund rake in $339 billion in investment gains.
IIRC, SASB Complete Merger to Form Value Reporting Foundation
Investors expect the consolidation will result in more consistent sustainability standards.
Regulation
SEC Finds Potentially Misleading, Unproven Claims by ESG Funds
Agency issues risk alert over poor disclosure practices by some sustainable investment product providers.
Asset Management Culture
World’s Top Carbon Offenders Need to Step Up, Says Investor Group
Investors managing more than $54 trillion says firms require clear short- and medium-term targets and related capital expenditures.
Expect an Increased Tempo for ESG Investing Post-2020
A pandemic and calls for racial equity have only accelerated sustainable investments, and shaped the agenda for next year.
How Much Progress Has Been Made on Corporate America’s Stakeholder Pledge?
Last year, the Business Roundtable vowed to shift its corporate purpose to better serve communities and groups beyond its shareholder base. The promise, overall, hasn’t been kept yet.
Asset Management Culture
SASB Eyes Standards on Internet Content
Guidelines are expected next year on data privacy, freedom of speech, and harmful content.
The Hodgepodge of ESG Investment Standards Sparks Controversy
MIT study underscores the confusion of ratings, then DOL cites that in proposing curbing sustainability factors in retirement portfolios.
Asset Management Culture
Investor-Led Climate Action 100+ to Judge Companies on Sustainable Benchmark
The standard developed by the global alliance of allocators and EY Consulting will be released next year to assess which businesses are leading the transition to net-zero carbon.
News
Oregon Integrates ESG Formally into Investment Policy
But the amended guidance specified that sustainable investing should not interfere with the system’s fiduciary duty to its beneficiaries.
Alternatives
Increasing Body of Evidence Bolsters Case for ESG Investing
Harvard professor finds they outperform over the long haul, as well as during a market downturn.
Alternatives
Group of Pension Funds Worth $1 Trillion Creates Sustainable Investing Platform
The subscriber-based online tool reviews 8,000 companies against United Nation’s sustainability criteria.
Asset Allocation
Is Setting ESG Standards Too Puzzling? Get Wide Feedback, SASB Says
If the rules seem subjective or unworkable, a good alternative for companies is to ask outside groups for their input, the sustainability advisory group suggests.