After years of seemingly unstoppable momentum behind ESG, the sustainable investment space witnessed heightened debate in 2022. This was largely driven by political posturing in the US, as the divide between anti-ESG red states and pro-ESG blue states widened. The uncertainty stemming from the anti-ESG camp is unlikely to abate over the coming year or … Read more
What was the rationale behind launching a fund investing specifically in water? We launched the water strategy in 2000 off the back of an increased understanding that water was getting scarce and polluted, and that climate change was going to add to that pressure. We decided investing in companies that propose solutions to water quality … Read more
Asset managers are paying more attention than ever to the ‘S’ in ESG, largely as major clients increasingly value diversity, a recent report from Cerulli found. According to the firm, 37% of asset managers currently provide or are working on products focused on equal employment opportunity, diversity and gender issues. Further, a third of them … Read more
Oil giants have been accused of investing too little in carbon transition and benefiting off the backs of Britain’s poorest after Shell and BP’s have reported bumper profits. ESG investors have called on the companies to use their huge profits to do more to help those at risk of having their gas and electricity supplies … Read more
BlackRock is losing its head of sustainability policy and engagement, Paul Bodnar, who is leaving the asset manager in April for a role at the Bezos Earth Fund. Bodnar, who announced his departure on LinkedIn, will have been at BlackRock for two years. In October, Bodnar switched roles from global head of sustainable investing to … Read more
BlackRock is losing its head of sustainability policy and engagement, Paul Bodnar, who is leaving the asset manager in April for a role at the Bezos Earth Fund. Bodnar, who announced his departure on LinkedIn, will have been at BlackRock for two years. In October, Bodnar switched roles from global head of sustainable investing to … Read more
Morningstar CEO Kunal Kapoor says that despite the current political divisions, ESG will be a standard part of risk assessment in the future. Kapoor spoke with ESG Clarity late last year about demands for ESG data, how it is used and how companies work to address low sustainability ratings. This is the third and final piece in … Read more
Oil giants have been accused of investing too little in the carbon transition and benefiting off the backs of the poor after Shell and BP’s have reported bumper profits. ESG investors have called on the companies to use their huge profits to do more to help those in the UK who are at risk of … Read more
There has been a change in investor mindset around sustainability, it’s happening faster than previously anticipated, and will lead to an economic transformation by as early as 2030. These are the bold statements made by the global head of equity, head of sustainability research and head of UK wholesale at Lombard Odier Investment Management (LOIM) … Read more
Having crossed the divide from finance to a non-profit during 2022, I’ve seen first-hand the challenges the finance sector faces when it comes to sustainability. Although I know from the inside that there are many incredible people within finance looking to champion change, who have a strong sense of social responsibility through their work, I … Read more