Uncategorized

Financial institutions have been granted a “free pass” to neglect human rights and environmental impact, said ShareAction after political negotiations on the Corporate Sustainability Due Diligence Directive (CSDDD) concluded on Wednesday (13 December) – with financial institutions exempt from some requirements. After tough negotiations with divides over the inclusion of financial companies, the Council and … Read more

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, Johnny Bowie, sustainability analyst at EQ Investors highlights a major climate victory, shares why he would love an … Read more

The 28th Conference of the Parties (COP28) has been an eye-opening moment in our global environmental discourse. Hosted by one of the wealthiest oil-based economies in the world it still managed to offer stong positive insights into how the investment management industry can catalyse global economic growth and stability going forward. Finance Day has brought … Read more

The FCA has recently published its policy statement on Sustainability Disclosure Requirements (SDR) and investment labels. This follows the consultation issued by the FCA late last year in aid of its objectives to help consumers effectively identify and compare financial products which are in some way advertised as having ESG credentials. See also: – SDR … Read more

COP28 has concluded in Dubai with a new deal calling on all countries to “transition away” from using fossil fuels – the first time any such deal on fossil fuels has been agreed. However, critics say the deal is not ambitious enough, with a stronger message around a full ‘phase-out’ of fossil fuels omitted from … Read more

In a landscape dominated by a global economic slowdown, and game-changing technological developments such as generative artificial intelligence (GenAI), businesses are facing competing pressures when seeking to advance their sustainability commitments. Adding to this dilemma is the inescapable need for intensified global efforts on climate change – brought into focus by this year’s global stocktake … Read more

Efforts to direct capital into emerging market net-zero projects are facing an unintended obstacle from Sustainable Finance Disclosure Regulations (SFDR), with too few firms meeting the European Union’s high bar for investment, according to analysis by MSCI. The findings are part of MSCI’s Sustainability and Climate Trends to Watch for 2024 report, which also raised … Read more

Apollo Global Management is launching a clean transition private equity fund on its Luxembourg-based product platform, as part of the fund manager’s goal of deploying $50bn in clean energy and climate capital by 2027. The Apollo Clean Transition Equity ELTIF will launch via the Apollo Private Markets SICAV, after receiving regulatory authorization from Luxembourg’s Commission … Read more

The “highest levels of ambition” are on the table for the final global stocktake, according to Simon Stiell, executive secretary of the UN Climate Change Committee, with finance “the bedrock to scale-up climate action on all fronts”. His comments came at a media stakeout, held at the event on the eve of its conclusion, in … Read more

In this Green Dream video interview, Eleanor Fraser-Smith, head of sustainability at Victory Hill Capital Partners, urges investors to ask tough questions about the interconnected nature of the global transition, and explains the investment opportunities in carbon capture technology. Watch the full video interview above and read the transcript below. MN: Welcome back to the Green Dream … Read more