UK Regulator Eyes Climate Disclosure Rules
The Financial Conduct Authority says current policies do not meet investors’ needs.
Tag: ESG
Risk
Ignore ESG Risk at Your Own Peril
Investors who overlook ESG-related issues may miss out on generating alpha, says data science firm RepRisk.
ESG Disclosure Bill Passes House by One Vote
It would require companies to reveal how environmental, social, and governance metrics affect their business strategy.
IIRC, SASB Complete Merger to Form Value Reporting Foundation
Investors expect the consolidation will result in more consistent sustainability standards.
Corporate Moves
CEO of UN Principles for Responsible Investment to Step Down
Fiona Reynolds will leave after nearly nine years to return to her native Australia.
Regulation
Sustainable Investment Legislation Re-Introduced in Congress
Dual bills would require fiduciaries to consider ESG factors in investment decision-making.
Regulation
Bill Seeks to Provide Plan Sponsors with Legal Cover for ESG Investing
Legislators say employers are hesitant to provide ESG options in 401(k)s over fears of being sued.
Diversity Demands from NYC Pension Overseer OK’d at DuPont, Union Pacific
Similar proposals will land at other companies, including American Express and Procter & Gamble.
Asset Management Culture
Diversity, Inclusion, ESG Are Key Focuses for Headhunters Seeking CIOs
The pandemic and social upheaval have impacted trends in hiring at endowments, family offices, and foundations, recruiters tell our symposium.
Milton Friedman, Ha! ESG Sentiment Won’t Ruin Companies Long Term
That’s the argument from our symposium panelists, who say sustainability boosts stocks both now and into the future.
Pensions
UK’s Largest Private Pension Fund Commits to Net-Zero by 2050
The $93.9 billion USS said it hopes to reach its goal even sooner than the Paris Agreement target.
Stanford Issues Novel Sustainability Bonds
The university says it’s the first higher-ed institution to issue bonds to reduce its adverse impact on the climate, which it plans to use to start a school focused on the environment.
Regulation
SEC Finds Potentially Misleading, Unproven Claims by ESG Funds
Agency issues risk alert over poor disclosure practices by some sustainable investment product providers.
Alternatives
Alts Grow Bigger and Bigger in Institutional Portfolios
Some 86% now invest in alternatives, says Nuveen survey.
Opinion
Op-Ed: Europe’s New ESG Rules Create an Opportunity for US Investors
Everyone should take notice of what the SFDR rules mean for the future of sustainable investing, says Apex Group’s Hari Bhambra.