Tillit nabs PRI ESG expert for investment committee

Tillit has appointed Alexandra Danielsson to its investment committee. Danielsson (pictured) has more than a decade of experience in financial markets, with a focus on ESG and sustainability, and has previously worked at Federated Hermes, Ninety One and most recently, the Principles for Responsible Investment. The firm said the appointment ‘marks an exciting milestone’ as … Read more

Emissions ‘likely rising’ across Asian carbon-intensive sectors

Emissions are “likely rising” across carbon-intensive sectors in Asia, according to the latest update from Barclays’s analysts. The analysts also noted power groups in the region are diverging on coal phase-out plans despite strong earnings, and climate risk has “turned material” for some Asian companies. Barclays tracks corporate-level decarbonisation efforts and emissions progress by using … Read more

Asia’s cities at the forefront of smart development

Cities today are turning to technology to reduce energy use and improve their environmental impact. This growing focus on sustainability is both a long-term trend and an opportunity for investors who are looking to combine positive impact with the potential for attractive returns.   Concentration risk The United Nations estimates that while today’s cities represent … Read more

Fund in focus: LGIM index’s light-touch exclusions won’t be for everyone

In this series for ESG Clarity EU, Hargreaves Lansdown dives into ESG funds available in the UK and EU, analysing their investments, performance and ESG credentials. For this latest article, Dominic Rowles takes a look at the Legal & General Future World ESG Developed Index. The Legal & General Future World ESG Developed Index can act as the backbone for … Read more

Gresham House launches International Sustainable Forestry Coalition

Gresham House has united with nine other forestry companies to launch a global initiative aimed at supporting the role of sustainable forest management in the climate transition. The International Sustainable Forestry Coalition (ISFC) has been co-founded by the specialist alternative asset manager, along with Dasos Capital, F&W Forestry, Marubeni, Mitsui & Co., Ltd, New Forests, … Read more

Investment trust sector accused of governance failures

The investment trust sector is facing calls for widespread reform after an investigation found some boards are falling below expected governance and engagement standards. Wealth manager Quilter Cheviot met with the chairs and other non-executive directors (NEDs) of 41 equity investment trusts to carry out its research. While most boards were receptive to questions about … Read more

Schroders net-zero Q&A: We are comfortable with the progress we’ve made

ESG Clarity is exploring the decarbonisation targets set by Net Zero Asset Managers’ initiative (NZAM) firms as well as talking to individual fund groups about how they are finding the journey to net zero. See also: – ESG Clarity’s Net Zero Database Here, Andy Howard, global head of sustainable investment at Schroders, which invests in natural capital, renewables infrastructure and impact, talks about … Read more

CA100+ unveils net-zero standard for mining

Investor engagement initiative Climate Action 100+ has released its Net Zero Standard for Diversified Mining, aiming to help investors assess the progress of mining companies as they move towards net zero. Complementing its Net Zero Company Benchmark, the standard is designed to provide a transparent and evidence-backed engagement tool capable of giving signatories and the … Read more

Shareholder proposals should not be excluded based on their topic

July was an eventful month on Capitol Hill. Dubbed in some quarters as ‘ESG Month’, no fewer than six hearings were held by the House Financial Services Committee aimed at countering the trend toward greater consideration of ESG issues in capital markets. The most eye-catching development was Representative Steil’s (R-WI) introduction of the Protecting Americans’ … Read more