Research
How Endowments Can Evaluate Their Sustainability Levels
A new method to assess institutions is unveiled, with the highest marks going to Lewis & Clark College.
Tag: environmental
Asset Allocation
GPIF’s ESG Investments Outperform Tokyo Stock Index
The Japanese government pension giant's ESG funds beat the TOPIX by 160 basis points over a 6-year period.
Greenwashing Among Banks, Financial Services Firms Jumps 70%
A RepRisk report finds nearly 1,900 companies linked to a risk incident involving misleading communications.
Research
Shareholder Proposals Increase, Yet Few Gain a Majority
Environmental and social resolutions boosted the number of filings this spring, ISS says, while anti-E&S resolutions also shot up.
Research
ICPM Gives Top Research Award to Paper Exploring Active vs. Passive Investing
Research awards were also granted to papers covering climate risk and sustainable investing.
Market Moves
Earnings Calls Include Fewer ESG Mentions, but Talk of AI Is Rising
While political controversy dogs green initiatives, artificial intelligence replaces them as the new popular topic.
Regulation
Republicans, Democrats Continue to Speak Past Each Other on ESG
Future ESG policy is likely to be influenced more by which party is in power than by its actual merits.
Risk
Due Diligence: Using ESG as a Risk Mitigator
Although seldom apparent in financial statements, environmental, social and governance deficiencies can come out of nowhere and slam investors.
Asset Allocation
DeSantis Signs Florida Anti-ESG Bill Into Law
Governor hopes to provide a ‘blueprint’ for other states looking to prohibit sustainable investing.
Regulation
Kansas Governor Allows Anti-ESG Bill to Become Law
Laura Kelly neither vetoes nor signs bill, permitting its implementation despite ‘reservations about the potential unforeseen consequences.’
Asset Allocation
Japan GPIF Invests $3.7 Billion in Morningstar Gender Diversity Index
The index is designed to emphasize Japanese companies with strong gender and diversity policies.
Research
A New ‘Blueprint’ for Increasing Equity in Investing—and Why It Matters
Authors present their new Investor Blueprint for Racial and Economic Equity at NY Fed event.
Regulation
UK Pension Regulator Targets Plans for Climate, ESG Non-Compliance
TPR is warning trustees they could be fined up to £50,000 if they don’t provide key ESG data.
Pensions
Swedish Pension AP1 Loses 8.6% in 2022
Despite alts gains, fixed income and equities weigh down portfolio, contributing to investment losses of nearly $4 billion for the year.
Newsmakers
Indiana Amends ESG Bill to Exclude Private Markets
Changes mean legislation will cost state pension fund $5.5 million over 10 years instead of $6.7 billion.