SDG funds fail to target countries most in need

Companies in funds targeting the Sustainable Development Goals (SDGs) on average sell just 1% of their products and services in countries most in need of sustainable development, Clarity AI research seen exclusively by ESG Clarity has found. The sustainability data platform looked at different countries’ progress towards the SDGs as laid out in the SDG … Read more

Private equity ups ESG commitment

The proportion of private equity managers assessing and measuring climate-related risks has risen by 12 percentage points to 55% over the last year, according to LGT Capital Partners. The firm’s annual ESG Report analyses the activities of 381 managers (including 309 private equity managers) globally, to assess improvements to ESG practices. The report revealed that … Read more

ESG changed my mind on…exclusions versus engagement

In this new summer series for ESG Clarity, members of the sustainable investment industry tell us how their thinking on this fast-moving industry has adapted over the years and what changes that has led to. Here, Steve Smith, fund manager, European equities and co-manager of the Invesco Sustainable Eurozone Equity Fund, reflects on companies finding climate … Read more

UK private finance for nature group launches

Federated Hermes, Impax and abrdn are among 20 financial institutions to have joined the UK Financial Institutions for Nature group, which aims to invest in the UK’s nature recovery. The group, which was launched today by the Green Finance Institute’s (GFI) nature programme, is open to any financial institution engaged in UK nature finance and … Read more

FSB: Next steps for climate data and disclosure alignment

Forward-looking data and continued international cooperation are two of the key areas for focus in the coming months, according to the Financial Stability Board’s (FSB) latest roadmap. The annual FSB Roadmap for Addressing Climate-Related Financial Risks provides progress updates and areas for focus. It will be delivered to G20 finance ministers and central bank governors … Read more

Half of US private equity integrating ESG

The proportion of private equity managers assessing and measuring climate-related risks has risen by 12 percentage points to 55% over the last year, according to LGT Capital Partners. The firm’s annual ESG Report analyzes the activities of 381 managers (including 309 private equity managers) globally, to assess improvements to ESG practices. The report revealed that … Read more