For several years, the rapid growth of voluntary carbon markets (VCMs) around the world, filling trading gaps not covered by the compliance markets, was hailed as a strong success story. According to a report issued earlier this year by Shell and the Boston Consulting Group, global voluntary markets could reach up to $40bn in value … Read more
2023 looks set to be another record breaking year for global temperatures, playing witness to numerous severe weather events. These bring with them tragic loss of human life and provide very tangible evidence of the impact climate change is having on the planet and society. Against this backdrop, leaders from around the world, scientists and … Read more
Rathbones has added to its fixed income lineup with the launch of the Rathbone Greenbank Global Sustainable Bond fund. The strategy, which launches on Thursday, will focus on global credit and will be managed by head of fixed income Bryn Jones (pictured), and fund manager Stuart Chilvers. Rathbone Greenbank’s research team will provide independent sustainability … Read more
The Global Investor Commission on Mining 2030 has received the support of 82 investors with more than $11trn in assets under management and advice, to develop a socially and environmentally responsible mining sector by 2030. Some of the world’s leading asset owners and fund managers have come together to support the Global Investor Commission on … Read more
Despite being a critical factor for investor outcomes in Asia, the growing focus on sustainability in the push towards improving ESG practices in the region has left corporate governance issues lagging, according to abrdn’s David Smith. The senior investment director said the recent growth in the interest in sustainability, while encouraging, has unfortunately come at … Read more
There is an increasing interest in ESG in private equity, according to Aga Siemiginowska, head of sustainability, Oakley Capital. Here Siemiginowska explains how the firm helps develop company ESG strategies, how it’s improving its own diversity and how it has been working to apply sustainability regulation and frameworks to private equity. Are you receiving more … Read more
A fourth investment label, scrapping of the requirement firms outline a causal link between stewardship activities and asset improvements, and a new implementation timeline, are among changes UK regulator the Financial Conduct Authority (FCA) has made in its final policy statement for its long-awaited Sustainability Disclosure Requirements (SDR) released today. The FCA published a consultation … Read more
The steel industry is one of the largest contributors to global carbon emissions, accounting for 7% of total emissions in 2019. Left unchecked, emissions are forecast to rise by 44% by 2050. However, there is another option wherein emissions could fall by 54% by 2050: green steel from zero-emissions hydrogen. The challenge for investors and … Read more
As COP28 fast approaches, ESG Clarity sits down with Lindsey Stewart, head of investment stewardship research at Morningstar, to discuss the barriers to 1.5 degrees, the action needed from all parts of the economic system and why he is optimistic for progress in Dubai. The full transcript of the video is below: NK: Let’s talk … Read more
Companies will only make changes that are backed by their own governments and in line with country regulation and policy, and will not deliver what investors ask for in their engagements otherwise, says Amundi head of ESG research, voting and engagement Caroline Le Meaux in this video interview. Le Meaux also discusses changes to the … Read more