BlackRock, State Street and Capital Group are among the largest investors in the oil and gas sector, despite being members of the Net Zero Asset Managers (NZAM) initiative publicly backing efforts to limit global warming to 1.5°C. The top 35 asset managers by value of aggregated oil and gas positions at end 2022 in total … Read more
“The interesting thing for Asia is the sheer scale of Australia,” Octopus Investments CIO Jonathan Digges tells me as we sit down in the studio to film. We’re recording following Digges’ recent trips to Asia, where he fills us in on the appetite for ESG investing he’s seen and the firm’s work in the region. … Read more
In response to a number of EOS clients becoming increasingly focused on cost of living concerns, EOS integrated cost of living engagements into its stewardship programme during 2022. In particular clients want to know how the companies in which they invest are providing fair, living wages to their workforce in conjunction with good quality employment. … Read more
The International Energy Agency’s (IEA) analysis that a pathway to net zero will require no new oil and gas projects is “a bit more complicated than that”, Barclays group chair Nigel Higgins said yesterday at an AGM dominated by climate concerns. Held in London yesterday, the bank’s AGM faced some 15 questions from ordinary and … Read more
Equileap, the gender data provider, and Indxx, have partnered to launch a women in technology index in the US. The Indxx Equileap US Women in Technology Index will track the performance of technology companies in the US that are making the most improvement in terms of gender representation throughout their whole corporations. Currently topping the … Read more
While climate transition and physical risks are important considerations in our credit analysis, we have taken few climate-related actions on our rated nonfinancial corporates since 2022. The IPCC has reported on the climate urgency and the UN has relayed the need to limit global warming to well below 2°C, but this has so far not … Read more
Achmea IM, AXA IM and Sarasin & Partners are among 185 investors with $10trn calling on companies to do more to tackle plastic waste. In a joint statement, signatories warned the plastics lifecycle “poses a serious and growing threat to the environment, climate, biodiversity, human rights and public health” and calls on companies to “set … Read more
Robeco has made its country sustainability rankings available on the Sustainable Investing (SI) Open Access Initiative platform. Launched last year, the platform opens up Robeco’s SI intellectual property to a group of academics and clients. The country sustainability rankings turn in-depth analysis across a range of ESG data, from climate change to income inequalities, corruption … Read more
In the second part of our conversation with UK-based Castlefield, we talk to Olivia Bowen, partner of financial advice, about the hidden risks of tracker funds, and why a big corporate and social responsibility department doesn’t always tally with good ESG ratings. You can read part one here. How did you get into ESG financial … Read more
As 2023’s AGM season rolls around, at least 542 shareholder resolutions have been filed so far in the US on ESG issues. As You Sow, Ceres and the Interfaith Center on Corporate Responsibility are the non-profits leading the charge, according to data compiled by Proxy Preview. ESG Clarity looks at how shareholders are learning from … Read more