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Franklin Templeton, Boston Common Asset Management and Impax Asset Management are among more than 250 investors and companies calling on policymakers to “protect the freedom to invest responsibly in light of a political backlash against sustainable investment and business practices”. In a statement, Investors and Businesses Call on Policymakers to Protect the Freedom to Invest Responsibly, … Read more

The UK government has updated its Green Finance Strategy today, announcing a call for evidence on Scope 3 greenhouse gas emissions, a consultation on regulating ESG ratings providers and restating its commitment to publishing a green taxonomy, now in Autumn 2023. The government first launched its Green Finance Strategy in 2019, with the aim of … Read more

Federated Hermes has launched an Article 9 global credit fund with sustainable investment manager CCLA. The Federated Hermes Sustainable Global Investment Grade Credit Fund will be weighted to sustainable leaders, but will “opportunistically” invest in issuers with clear momentum in sustainability.   It will be co-managed by senior portfolio managers Nachu Chockalingam and Orla Garvey. The … Read more

Schroders Capital, the fund house’s private markets investment division, has launched the first long term assets fund for UK pensions, having been granted approval by the Financial Conduct Authority (FCA) this month, with a focus on sustainable investing. Schroders Capital Climate+ LTAF is a diversified multi-private assets fund, designed to help UK pension fund investors … Read more

Green hydrogen is a critical piece in the carbon-reduction puzzle. In addition to having an essential role in reducing greenhouse gases, it also has investment potential. Hydrogen is already produced in relatively large quantities. About half is consumed in ammonia fertilizer production, while another quarter goes to petrochemical refining. Most of the remaining capacity is … Read more

The UK needs a much tougher system of financial regulation to meet the Paris climate goals with revised fund labels, full Financial Conduct Authority (FCA) regulation of rating agencies and a climate-data based system for companies, markets and funds, as part of a comprehensive change in approach. At the Financial Inclusion Centre we recently published … Read more

The next decade will be completely different, from a sustainability perspective, compared with the past as we adjust economic activities for a world of scarcity, according to Algebris Investments’ Silvia Merler. In this Green Dream video interview, Natalie Kenway, editor in chief at MA Financial, speaks to Merler, head of ESG and policy research at Algebris Investments, … Read more

There are many complexities to consider when investing with an ESG lens, particularly if you are an investor that has chosen to back the biggest polluters’ transition to a low-carbon world. And there is no better example of the challenges that can be thrown up than the recent conundrum faced by Invesco managers when they … Read more

Relying on ESG ratings has been called into question by commentators in light of the news that MSCI will be downgrading many ESG funds. Last week the Financial Times revealed that, according to a client note from BlackRock’s iShares arm, the number of European ETFs with a AAA ESG rating from MSCI is set to … Read more