Taskforces merge to create social risks disclosure framework

Two organisations developing frameworks for financial disclosures for social and inequality-related risks are merging into a single initiative. The Taskforce on Inequality-related Financial Disclosures (TIFD) and Taskforce on Social-related Financial Disclosures (TSFD) are joining forces to design a disclosure framework similar to those established for climate and nature-related risks. The new taskforce will use third-party … Read more

AllianceBernstein and Columbia Climate School update investor natural disaster risk tool

AllianceBernstein (AB) has teamed up with the National Center for Disaster Preparedness at the Columbia Climate School (NCDP) to launch the updated version of a climate hazard risk toolkit for US investors. The Natural Hazards Index 2.0 is a free online dashboard tool that shows the risks of 14 different natural disasters materializing in any … Read more

‘My manager made me feel seen’

We all know women are woefully under-represented in financial services and asset management, especially in more senior roles. The causes are many (but still less than the number of books written on the subject!) so let me not rehash them all. Instead, I’ll focus on one factor I’ve spent some time thinking about how to … Read more

AllianceBernstein rolls out global ESG improvers fund

AllianceBernstein has launched the AB Global ESG Improvers Portfolio. The new fund is managed by Jeremy Taylor (pictured) and employs a ‘transition and engagement strategy’ to make the companies it invests in become more sustainable. The approach is to buy discounted stocks that have high cashflow-based internal rates of return, that are either not recognised … Read more

The great reshuffling of ESG-related funds

The last 15 months were not short of new regulations and guidelines for ESG-related products. In addition, rating agencies and data providers reviewed their processes for the evaluation of ESG-related products. These initiatives have been driven by increasing expectations on how ESG factors should be integrated in the selection and portfolio management process of funds … Read more

Green Dream with Schroders’ Monk: There are consequences for companies that don’t change

In this two-part Green Dream video interview, Natalie Kenway, editor in chief at MA Financial, speaks to Alex Monk, portfolio manager in the global energy transition team at Schroders, about investing for a low-carbon future, avoiding fossil fuels and engagement. Watch the full video interview above and read the transcript below. NK: Hello and welcome to the … Read more

The vital role of corporate voluntary action in reducing global emissions

Today, there is a single unavoidable and devastating fact — we are running out of time to solve the climate crisis.  Last year’s report from the United Nations’ Intergovernmental Panel on Climate Change was described as the most disturbing warning yet on the disastrous effects of the world’s rising temperatures. Limiting global warming to 1.5C … Read more

Edentree appoints head of corporate responsibility 

EdenTree Investment Management has appointed a head of corporate responsibility and charity partnerships. Leonora Rae (pictured) has been promoted to the role in order to align the business’s activity with EdenTree’s ethos as a responsible and sustainable investment manager, the company said. EdenTree recently refreshed and formalised its corporate responsibility strategy into three focus areas: … Read more