Nordea’s Pedersen Q&A: Engaging with companies before we invest

ESG Clarity sat down with Eric Pedersen, head of responsible investment and Nordea Asset Management (Nordea AM), to discuss what makes a successful engagement, how regulations have impacted the asset management company, and the action the firm is taking to decarbonise portfolios. Pedersen also explained why investors should be willing to engage with highly pollutant … Read more

What can DEI learn from ESG?

The ESG agenda has quickly gained momentum within business and is reshaping organisational strategy, stakeholder engagement and resource allocation. Although diversity and inclusion sits within the ‘S’ of ESG, environmental sustainability often dominates ESG-related conversations and initiatives. However, there’s much DEI professionals can gain through understanding the qualities that have made ESG such a driving … Read more

Fund in focus: Shelter during market wobbles

The BNY Mellon Sustainable Real Return fund aims to provide some shelter during market wobbles, while also delivering long-term growth in a sustainable way. Matthew Brown and Philip Shucksmith have been the fund’s lead managers since launch in April 2018. They’re both experienced investors and have served on the Real Return team for well over a decade. … Read more

ShareAction: Asset managers’ use of escalation in engagement is ‘ineffective’

ShareAction has proposed a standardised framework for asset managers to escalate their engagement practices, after its research found fund groups were “failing to engage robustly with the companies they invest in”. In its second guidance paper in its Responsible Investment Standards and Expectations (RISE) series, ShareAction said it was difficult to see how, and to … Read more

TNFD launches sector guidance for nature disclosures

Aquaculture, agriculture and forestry are among the industries included in the latest round of sector-specific guidance published by the Taskforce for Nature-related Financial Disclosures (TNFD), aiming to help organisations assess and disclose their impacts and dependencies on nature. The guidance provides businesses that operate in, and are connected to, the agriculture, aquaculture, forestry, mining, oil … Read more

Winter Wonderland: Republican politicians get coal this year – but woe betide they burn it

In this year’s fun winter series for ESG Clarity, investment professionals in the sustainable investment industry answer questions on characters that would play them in panto, who needs to receive coal as a present, and ESG wishlists. Here, Caroline Langley, investment director at Quilter Cheviot, shares her ESG fairy godmother and panto villains, and her … Read more

Gap between asset managers’ climate claims and action remains wide

The gap between asset managers’ climate assertions and evidence of action remains “painfully wide”, analysis from investment consultant Redington has revealed. According to the firm’s Sustainable Investment (SI) Survey, out of the 127 managers engaged with and 281 strategies covered, although 86% of strategies measure climate-related risks and opportunities, only 38% of managers report using … Read more

COP28 so far: Key action points for investment managers

Accelerating ambitions, rethinking mindsets around risk/return and simply “get on with it” were the messages to the investment management industry from ESG experts on the ground at COP28 following the first week of the conference. ESG Clarity spoke to various industry professionals to find out their key takeaways from the announcements so far and the … Read more