Large asset managers keep financing the fossil industry

Large asset managers keep financing the fossil industry

Recent developments underscore the persistent challenge of greenwashing, dispelling any notion that it is relegated to the past. Notably, Swedish pension fund AP7’s decision to invest in Aramco, despite its stated commitment to achieving net zero emissions by...
Large asset managers keep financing the fossil industry

Chinese stock exchanges implement ESG

Three major Chinese stock exchanges (Beijing, Shanghai and Shenzhen) are to impose mandatory ESG reporting requirements for its listed entities. The reporting requirements will include topics from E, S and G areas and notably scope 3 emissions will be mandatory to...
The EU to regulate ESG data providers

The EU to regulate ESG data providers

The European Union (EU) has been proactive in its efforts to regulate the financial sector’s integration of sustainability principles, encompassing Environmental, Social, and Governance (ESG) factors. Alongside measures targeting asset managers and corporates...
Large asset managers keep financing the fossil industry

Investor Survey – ESG is still top of mind

PwC’s Global investor survey of 345 investors in 30 different countries bring us quite a few highly interesting insights, it is apparent that companies ability to handle sustainability related risks and opportunities are still a highly important factor for investors...
Large asset managers keep financing the fossil industry

New Research, same results – ESG data predictor of risk

Recently it came to our attention that four students at Southern University of Science and Technology in China have published a paper in “International Review of Financial Analysis”. The paper concludes that ESG sentiment data can indeed be used to predict stock price...
Large asset managers keep financing the fossil industry

ESG Fund Flow Report – Trend intact

Morningstar has released their Global ESG Fund Flow report and though we can see that inflows into ESG funds has declined during 2023 the trend of the transition from non sustainable funds to ESG funds are still very much ongoing. While the ESG funds have shown lower...