Nine in 10 investors doubt corporate sustainability claims

PwC has found that 94% of investors believe corporate reporting on sustainability performance contains unsupported claims, also known as ‘greenwashing’. The finding, which was up from 87% in 2022, was part of PwC’s 2023 Global Investor Survey. The third annual edition of the survey took in responses from 345 investors and analysts across geographies, asset … Read more

Australia initiative to support aviation decarbonisation

IFM Investors and Australian agribusiness and processing company, GrainCorp, have agreed to work together on an initiative to explore the use of agricultural feedstocks to produce sustainable aviation fuel (SAF) in an effort to decarbonise the sector. The two partners will assess the long-term potential for a major sustainable fuels production industry in Australia, including … Read more

Armaments avoidance ranges across all ESG-style funds

Recently there has been some discussion around whether ESG poses a threat to the armaments industry, effectively criticising funds with related exclusions. Although difficult, not least because views vary on what constitutes ‘defence’, this is an interesting and long-standing topic.   One of the aspects that concerns me most about today’s debate is the apparent … Read more

‘Talk to us’: Youth groups and climate activists’ messages to finance industry

Divestment from fossil fuels and an equitable phase out, ESG considerations and a restructure of financial systems are some of the things youth groups are calling for ahead of COP28 this year. In a special report for ESG Out Loud, Holly Downes speaks to young campaigners and climate activists, as well as ex-Principles for Responsible … Read more

Carbon emissions top ESG concern for LPs and GPs

Carbon emissions are the most important ESG metric for limited partners (LPs) and general partners (GPs), a Dynamo Software survey has found. A survey of 100 global LPs and GPs, An Inside Look at ESG and DEI Trends for 2024 from Leading Limited & General Partners, by the alternative investments fintech found environmental factors carry … Read more

Transition Plan Taskforce consults on asset management climate plans

The Transition Plan Taskforce (TPT) has launched a consultation on guidance to help companies in the private sector prepare their climate transition plans, including for asset managers and owners, and banks. The sector-specific supplementary guidance covers seven sectors: asset managers, asset owners, banks, electric utilities and power generators, food and beverage, metals and mining, and … Read more

ESG investing in EM sovereigns: An example framework

From a sustainability perspective, investing in sovereign emerging market (EM) debt can feel messy. Most investors feel just familiar enough with individual EM countries to fall prey to subjective judgments when making comparisons. The market tends to overreact to news—good news, bad news and often both at once. And huge, complex data sets bog down … Read more

Less than a quarter of Asian fund managers reject investments on ESG grounds

Most Asian fund general partners (GPs) prefer not to reject an investment due to sustainability concerns because they are confident they can create value by improving a company’s ESG credentials. This is according to a report, Asia Funds ESG Report, from law firm Morrison & Foerster in conjunction with private equity intelligence provider AVCJ. Although … Read more