Market Moves
ESG-Friendly Stocks Have Done Better in Virus Downturn, BofA Says
‘A bear market necessity’: Higher employee satisfaction is critical factor, the study concludes.
Tag: ESG
Alternatives
Australia’s Second Largest Pension to Divest from Thermal Coal
The fund also said it will reduce emissions from its listed equities by at least 30% in under three years.
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.
Regulation
DOL Proposal Will Chill ESG Corporate Pension Investing, Advocates Say
The proposed federal rule takes a dim view of sustainable investing that’s not focused solely on returns.
COVID-19 Creates New Factors for Due Diligence and ESG
Positive returns correlated to company behavior could be predictive for future pandemics.
Alternatives
Calvert Will Score Companies on ESG to Add to Its Funds
To make the grade for its separate accounts, companies must be in the top third for at least one sustainability metric.
Alternatives
ESG ETF Investing ‘Should At Least Double’ This Year, Says Industry Savant
Investor interest has jumped amid challenges in the coronavirus crisis and George Floyd protests.
Asset Management Culture
Mellody Hobson: Incentivizing Better Racial Relationships
Using investments to improve the world.
Alternatives
Racism Is an ESG Problem, Says Calvert CEO
The leader of the responsible investing group said investors must demand actionable outcomes from businesses.
Pensions
CDPQ Reports Solid Year of Progress Despite Missing Return Target
Fund misses benchmark by 1.6%, but reports substantial progress in international markets, liquidity, and stewardship.
Asset Management Culture
Fighting Climate Risk More Popular in Finance Industry Boardrooms, Survey Says
In GARP poll, 90% of boards were involved in sustainability efforts.
Alternatives
SEC Recommends Creating Disclosure Framework for ESG Investments
Investment committee finds current ratings to be too confusing for investors and aims to create a firmer standard for reporting ESG metrics.
Alternatives
ESG Proves to Be Safe Haven During Times of Turmoil
Research from BlackRock, Bank of America shows ESG outperformed during Q1 market meltdown.
Asset Allocation
Prudential Financial Launches Green Bond with $500 Million
Firm becomes first US insurance company to enter the $250 billion green bond market.