Maria Outters has been appointed the Science-Based Targets Initiative (SBTi)’s first chief impact officer. The role encompasses spearheading the engagement strategy worldwide, strengthening governance and accelerating growth of corporate climate through science-based targets. Outters’ responsibilities also include supporting the incorporation of the SBTi as a stand-alone NGO later this year and achieving the SBTi’s 2025 … Read more
Financial services group Centrus has become B Corp certified after achieving 35.7 points above the accreditation pass mark. The group undertook the impact assessment process with B Corporation as it wanted to demonstrate accountability and transparency in terms of its commitment to ensure social or environmental performance is a part of its decision-making, regardless of … Read more
We are at a turning point when it comes to reaching net zero. With every IPCC report, the importance of acting on climate change becomes clearer. Every delay brings major consequences. To give one of countless examples that illustrate this, if we limit warming to 1.5° C above pre-industrial levels, as laid out in the … Read more
Nature-related policies will increasingly impact the land use sector, according to forecasts by the Inevitable Policy Response (IPR) group, with effects filtering through the whole economy. The prediction is part of UN Principles for Responsible Investment-commissioned IPR’s landmark forecast policy scenario (FPS), FPS + Nature, (FPS+N), which integrates nature and climate trends with expected global … Read more
Although 2022 was painful across asset classes, arguably the epicentre of the pain was bonds as stubborn inflation and aggressive central bank action pushed yields from a very low base, according to Will McIntosh Whyte, fund manager at Rathbone Greenbank multi-asset portfolios. However, Whyte said the reset has provided an attractive entry point, particularly for … Read more
The $110bn information and communications technology (ICT) hardware sector is ‘failing dismally’ in addressing forced labour risks in its supply chains while raking in record revenues, according to KnowTheChain. The Business & Human Rights Resource Centre project and benchmark creator analysed 60 of the world’s largest ICT companies, benchmarking them and ranking them out of … Read more
Trium Capital has launched a climate impact hedge fund managed by Joe Mares (pictured) and Tom Ayres. The Trium Climate Impact Fund is a UCITS equity long/short market neutral strategy. The long book will be exposed to 50 stocks focused on companies investing in environmental solutions, alternative energy infrastructure and clean technology sectors, while the … Read more
Virginia Governor Glenn Youngkin, who ran one of the nation’s biggest investment firms before he took office, said ESG investing is under fire because it has morphed from a philosophy for picking stocks into a weapon for penalizing companies that don’t make the cut. “Is having world-class transparency and governance a good thing? Yes, it’s … Read more
Last year was highly eventful for ESG and the sustainable and responsible investing world. Demand for ESG-themed funds continued to prove strong, despite the undeniable performance advantage of the energy sector in 2022. That short-term returns story gave ammunition to opponents of sustainable investing, with anti-ESG initiatives popping up in numerous states. At the same … Read more
Companies have ceased trading due to higher energy costs but that doesn’t need to be the case, according to Jonathan Hick, investment director, and Lindsay Smart, head of sustainability, at Triple Point. In this Green Dream video interview, the pair discuss how they help fund holdings with net-zero roadmaps and improving energy efficiency amid increased cost-of-living. Watch … Read more