In part two of this Green Dream video interview, Jenn-Hui Tan, Fidelity’s global head of stewardship and sustainable investing, discusses the firm’s approach to measuring natural capital and investing in the just transition, while explaining why he thinks Asia is learning lessons from the mistakes made on sustainability in Europe. Part one of this video interview is … Read more
Former Securities and Exchange Commission (SEC) acting chair and commissioner Allison Herren Lee has joined climate accounting company Persefoni’s sustainability advisory board. Her role will be to advise Persefoni’s board and executive team on best-in-class climate disclosure standards and likely regulatory shifts, and on the integration of sustainability reporting into corporate and investment management. Lee’s … Read more
Three major institutional investors have tabled a climate shareholder resolution and signalled their intention to vote against the director responsible for Electric Power Development Co’s (J-Power) climate strategy at the company’s upcoming annual general meeting (AGM). Amundi, HSBC Asset Management and shareholder advocacy group the Australasian Centre for Corporate Responsibility have filed the resolution with … Read more
Cornelia Furse (pictured) has been appointed lead portfolio manager of the £500m Fidelity Sustainable Global fund. The move comes after Jamie Harvey, previously the fund’s lead manager, decided to leave the firm. He will cease portfolio management responsibilities on 31 July 2023. Furse will take over the role on 1 August. She will run the … Read more
In part two of this Green Dream video interview, Jenn-Hui Tan, Fidelity’s global head of stewardship and sustainable investing, discusses the firm’s approach to measuring natural capital and investing in the just transition, while explaining why he thinks Asia is learning lessons from the mistakes made on sustainability in Europe. Part one of this video interview is … Read more
Ahead of Shell’s AGM later this month, CA100+ investors have come out in support of a climate resolution that asks the company to align its Scope 3 emissions targets with the Paris Agreement. MN and PGGM, which lead CA100+’s engagement with Shell, have pre-declared their votes and flagged the climate resolution in the CA100+ alliance, … Read more
For sustainable investing in Asia, labelled bonds are a key opportunity; however, increasing scrutiny on ESG factors means investors must look beyond the label to assess the quality of all bonds that claim to be ‘sustainable’. Green, social, sustainability and sustainability-linked bonds are now front and centre of sustainable fixed income strategies, having grown to … Read more
ESG investing took the advice world by storm a couple of years ago. But the investment strategy came too quickly on the scene – and now the industry is starting to face the consequences. A recent survey by Saltus found that scepticism and mistrust are preventing high-net-worth individuals (HNWIs) from investing in green and social … Read more
Those early to decarbonise face numerous challenges beyond their direct control in their pursuit of achieving this objective; ranging from the embedded emissions in the energy system they operate within, to exposures within the supply chain, to selling products and services that have no proven pathway to net zero. Consequently, companies have turned to offsetting … Read more
When a company experiences a decline in its reputation, financial value, or both, it’s easy to point fingers and blame external factors. However, more often than not, the root cause can be traced back to a cultural failing within the organisation. In the case of the recent scandal at the CBI, the failure to address … Read more