The US Securities and Exchange Commission’s highly anticipated climate disclosure ruling was expected in April but is likely still months away amid controversy surrounding certain aspects of the proposal. The extended consultation period will close on June 17, and the final rules may be more robust as a result of the ongoing public debate, but … Read more
Bloomberg has launched a commodities carbon index designed to support investors in transitioning portfolios. The Bloomberg Commodity (BCOM) Carbon Tilted Index overweights commodities with a lower carbon footprint while minimizing tracking error to Bloomberg’s flagship BCOM parent index. “The BCOM Carbon Tilted Index is designed with investors’ complex needs in mind. There is a growing want … Read more
Investors looking at companies’ nature targets should pay attention to location data, making use of tools such as geospatial mapping, Jefferies has said. This comes following the news last week that the Science Based Targets Network (SBTN) has released the first version of its technical guidance to help companies assess their environmental impacts and set … Read more
S&P Global has promoted Dr Richard Mattison and Chris Heusler as vice-chair and president, respectively, of Sustainable1, its hub of sustainability intelligence, products and solutions. Dr Mattison was promoted to vice-chair from president of Sustainable1; in his new London-based role, he will drive S&P Global as a leader on sustainability by focusing on market innovation, … Read more
Reading Time: 3 minutes 1 June 2023: Tink, Europe’s leading open banking platform, and ecolytiq, a climate engagement solution, are collaborating to incorporate financial and sustainability-focused coaching into a seamless experience. By combining the power of money management tools with climate education tools, Tink will make it possible for new and existing customers to plug … Read more
Rize ETF has today listed a sustainable thematic ETF that looks to invest in companies enabling the transition to a circular economy. The Rize Circular Economy Enablers Ucits ETF looks to invest in companies that will facilitate an economic transition, such as the carbon negative chemicals company Origin Materials, rather than those that use cicular … Read more
What can we do to create an economy that is different from what we know today? I was in Brussels recently speaking at the BeyondGrowth summit organised by the European Parliament’s political groups, at the invitation of MEP Aurore Lalucq. The conference brought heads of the European Commission, Council and Parliament, high-level academics and experts, … Read more
Julia Hoggett, CEO of the London Stock Exchange, made headlines recently with her view that UK-based executives should be paid more to tackle the increasing sense that ‘London is being left behind’. Couched in the broader debate about UK corporate competitiveness, her views have found sympathetic ears among some (but by no means all) asset … Read more
Engagement has long been central to effective stewardship, and in recent years there’s been a growing focus on the effectiveness of dialogue between companies and their investor base. The Financial Reporting Council has been at the forefront of this, recommending that investors report on engagement outcomes for the first time in its 2020 iteration of … Read more
Nearly two-thirds of European private equity limited partners described themselves as very satisfied with developments in EU ESG regulation, according to a survey by PwC. The data comes from a new report titled, GPs’ Global ESG Strategies: Disclosure Standards, Data Requirements & Strategic Options. A total of 60.5% of EU limited partners gave this response, … Read more