Stafford Capital Partners Q&A: Timber is a great way to decarbonise portfolios

ESG Clarity talked to Angus Whiteley, chief executive of the investment advisory firm, Stafford Capital Partners, about the firm’s investment strategy and the best way to decarbonise portfolios. Whiteley talked about the opportunities and challenges for sustainable investment businesses, alongside two asset classes he believes are increasing in popularity. What are the opportunities for sustainable … Read more

Basic environmental and social risks remain in central banks and supervisors

New findings from the WWF Sustainable Financial Regulations and Central Bank Activities (SUSREG) Tracker show that although some central banks and financial supervisors are attempting to “green” their financial regulation and supervision, significant gaps remain. More banks and supervisors focus on climate and neglect broader environmental and social impacts, such as biodiversity loss and its … Read more

Winter Wonderland: Mental health, SFDR and Scope 3 emissions

In this year’s fun winter series for ESG Clarity, investment professionals in the sustainable investment industry answer questions on characters that would play them in panto, who needs to receive coal as a present, and ESG wishlists. Here, David Harrison, fund manager of the Rathbone Greenbank Global Sustainability fund flags the work carried out by CCLA, why we … Read more

BNP Paribas launches climate debt fund

BNP Paribas has launched the BNP Paribas Climate Impact Infrastructure Debt, an SFDR Article 9 fund that invests in energy transition projects across Europe. The fund currently holds financing for a low-carbon energy producer, a green-sourced heating platform, and a portfolio of wind farms. It hopes to raise €500-700m (£430-602m) from investors. BNP Paribas said … Read more

Youth unemployment: Is China really lying flat?

China’s unemployment rate for young people aged 16 to 24 hit headline-grabbing levels in June this year when it reached 21.3% (vs. 10.3% for OECD countries, after which the government stopped publishing age-related unemployment data. A scholar from Peking University recently suggested this figure may even be underestimated as it does not account for the … Read more

More than half Luxembourg financial companies meet SFDR ‘comply or explain’ rules

Almost six in 10 Luxembourg management companies, banks and insurance companies fulfilled the Sustainable Finance Disclosure Regulation’s (SFDR) “comply or explain” rules, according to a report, but discrepancies were found in the reporting of principal adverse impacts (PAIs) The study, Sustainable Finance in Luxembourg 2023: An expanded overview, by the Luxembourg Sustainable Finance Initiative (LSFI) … Read more

‘Urgent’ calls for more control over proxy voting

An open letter “urgently” calling for increased adoption of pass-through voting by asset managers has been issued by London CIV LGPS, alongside a group of pension providers, endowments and wealth managers overseeing over £250bn in assets. Signatories of the letter, including EQ Investors, Scottish Widows, London CIV and Guy’s & St Thomas’ Foundation, are aiming … Read more

Winter Wonderland: Dissecting the polarised views of ESG

In this year’s fun winter series for ESG Clarity, investment professionals in the sustainable investment industry answer questions on characters that would play them in panto, who needs to receive coal as a present, and ESG wishlists. Here, Boya Wang, ESG analyst at Morningstar, shares how we need to rethink the role of corporations, growing mismatches between what … Read more

Greening pensions cuts carbon footprint more than stopping flying

Switching to an environmentally-conscious pension can save more carbon emissions than stopping flying, but most UK pension holders don’t know how to make the change, according to research. Scottish Widows’ latest Green Pensions Report has found that while most Brits are well aware of how to reduce their carbon footprint through changing their behaviours, two … Read more

Partnership to address knowledge gaps around carbon markets

Carbon offsetting platform, Abatable, and Gold Standard have joined forces to address key knowledge gaps around new regulations and policy changes affecting carbon markets, including those underpinning Article 6 of the Paris Agreement. Article 6 allows countries to transfer emissions reductions between each other to enable flexibility in meeting national climate goals. However, parties at … Read more