It’s amazing how quickly pendulums swing in the U.S. Not that long ago, there was a lot of positive talk about investments based upon environmental, social, and governance (ESG) and sustainability factors. To say the least, that has changed dramatically. For instance, the Securities and Exchange Commission (SEC), now under the control of President Trump’s… Read More >>
Net Zero Asset Managers Initiative Hits a Milestone
On Tuesday, July 6, officials behind the Net Zero Asset Managers initiative reported that they have hit a milestone in just six months — they have 41 new signatories, meaning that “128 investors managing $43 trillion” have made a commitment to the goal of helping the world achieve net zero greenhouse gas emissions by 2050…. Read More >>
Can Listed Derivatives Give Sustainability a Boost?
In case anyone thought otherwise, exchanges for derivative instruments do have a big role to play in facilitating sustainability, according to a joint report recently released by the World Federation of Exchanges (WFE) and the United Nations Sustainable Stock Exchanges Initiative (SSE). The joint report, “How Derivatives Exchanges can Promote Sustainable Development — An Action… Read More >>
Morgan Stanley Supports the Disclosure of Emissions Financing
Earlier this month, Morgan Stanley announced that it had achieved a first among U.S. investment banking firms by joining the global steering committee of the Partnership for Carbon Accounting Financials (PCAF). In that role, the firm will lend its support in developing a methodology that will help global banks track and measure their climate change… Read More >>
CalSTRS Advances Its ESG Agenda
The push for integrating environmental, social and governance (ESG) analysis into investment decision-making got a quiet boost last month amid other louder news events. Regarded as the second-largest pension fund in the U.S., the California State Teachers’ Retirement System (CalSTRS) has announced that it selected three sustainability-focused global equity investment managers to collectively manage $750… Read More >>
