The transition to a low-carbon economy may potentially have wider – and more profitable –implications for investors than many people realise. As various technology, policy and societal preferences reshape and accelerate the shift to a lower carbon economy, the role of raw materials and other components required to create the necessary infrastructure and clean energy … Read more
There has been much debate about what would attract promising growth companies to list on UK stock markets rather than elsewhere. The government’s recent decision to pull back from proposed corporate governance reforms reflects divided opinion about what the best approach is. UK listings have fallen by 40% since 2008, according to the UK Listing … Read more
Investment firms and sustainable industry bodies have “strongly” encouraged the UK to adopt the IFRS Disclosure Standards, which were launched by the International Sustainability Standards Board (ISSB) in June this year. In July 2023 the Secretariat to the UK Sustainability Disclosure Technical Advisory Committee published a call for evidence to seek UK views on IFRS … Read more
American Century Investments (ACI) has launched a sustainable value equity strategy for clients worldwide. American Century Global Sustainable Value Equity, managed by global value equity CIO Kevin Toney, senior portfolio manager Michael Liss and portfolio manager David Byrns, will look to invest in 45-75 securities selected using bottom-up, fundamental research from ACI’s sustainable research team and a … Read more
A resource aiming to foster greater understanding and consistency in the terminology used in responsible investment has been issued by the CFA Institute, the Global Sustainable Investment Alliance (GSIA), and Principles for Responsible Investment (PRI). For the terms ‘screening’, ‘ESG integration’, ‘thematic investing’, ‘stewardship’ and ‘impact investing’, the three organisations outlined a detailed explanation of … Read more
As we reflect on the midway point of the UN Sustainable Development Goals (SDGs) where 15% of the targets have been met and many are backsliding, it is high time for the UN and investors to work together to not only salvage SDGs, but to also shape the post-SDG agenda. But first, here’s an oversimplified … Read more
We are very much at the beginning of the industry’s biodiversity journey, explains Virginie Derue, head of ESG research at AXA Investment Managers, and therefore different companies require different levels of engagement when approaching this topic. In this Green Dream video interview, Derue discusses how AXA IM adjusts to a company’s maturity level when engaging, particularly on topics … Read more
Man Group has bought a 51% stake in Geneva-based impact asset manager Asteria Investment Managers. The other 49% is held by Fideuram-Intesa Sanpaolo Private Banking, in a new partnership. Approval and clearance for the deal has been received from the Swiss Financial Market Supervisory Authority (FINMA) and antitrust authorities. The focus will now be on … Read more
The International Capital Market Association (ICMA) is to convene a working group tasked with the development of a globally consistent, interoperable and proportionate voluntary code of conduct for ESG ratings and data product providers, sponsored by the Hong Kong Securities and Futures Commission (HK SFC). Working group members, including Bloomberg, Fidelity International, Invesco and Morningstar … Read more
One effective way investors can help secure and promote biodiversity is through investments in sustainable agriculture. Approximately $700bn of annual investment is needed before 2030 in order to halt and reverse biodiversity loss. Protecting biodiversity not only helps to mitigate the most devastating impacts of climate change but, crucially, also safeguards global food supply. In … Read more