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Showing 1201 - 1210 of 3181 results for "Global"

S&P Global drops ESG letter ratings from credit reports

RACHEL ALEMBAKIS  |  THURSDAY, 10 AUG 2023  |  NEWS
S&P Global Ratings has stopped providing new ESG scores when evaluating credit in an abrupt about-face. Effective immediately, the company announced it is no longer publishing new ESG credit indicators in our reports or updating outstanding ESG credit ...

Industy veterans named to sustainable finance taxonomy working group

RACHEL ALEMBAKIS  |  THURSDAY, 10 AUG 2023  |  NEWS
... framework. As secretariat, ASFI will work with an international consortium of taxonomy and sustainability specialists led by global standard setter, the Climate Bonds Initiative, to prepare the technical products for the TTEG's consideration, input and ...

Morgan Stanley reaches 70% of $1tn sustainable finance goal

ROSE MARY PETRASS  |  WEDNESDAY, 9 AUG 2023  |  NEWS
... securitised products, commodities, and wealth management. Morgan Stanley's Sustainable Finance Framework is maintained by the Global Sustainability Office and considers the United Nations Sustainable Development Goals and industry frameworks and standards ...

Fidelity creates chief sustainability role, plus new chairs for IPCC and PRI

ROSE MARY PETRASS  |  FRIDAY, 4 AUG 2023  |  NEWS
... leaving a corporate finance role at Norton Rose Fulbright. The ESG expert is being promoted out of his current role as global head of stewardship and sustainable investing, based in Singapore. Tan will oversee sustainable investing and corporate sustainability ...

Are indexes the next target for greenwashing investigations?

RACHEL ALEMBAKIS  |  THURSDAY, 3 AUG 2023  |  NEWS
... engaged in conduct liable to mislead the public in representing that all securities in the Vanguard Ethically Conscious Global Aggregate Bond Index Fund (Hedged) (Fund) were screened against certain ESG criteria." ASIC said investments in the fund were ...

Scope 3 emissions: an explainer for SMEs

ELISHA BRILLANTES, MEI LING HO  |  THURSDAY, 3 AUG 2023  |  NEWS
It is becoming increasingly important for businesses to take responsibility for their carbon footprint and to mitigate this impact, in particular their Scope 3 emissions. According to the GHG Protocol, Scope 3 greenhouse gas (GHG Protocol) (a globally ...

Investments at risk: Finance "out of step" with climate science

ROSE MARY PETRASS  |  THURSDAY, 3 AUG 2023  |  NEWS
... A tipping point is a critical threshold that, when passed, will lead to unstoppable change in a climate system, even if global heating ends. For example, the collapse of the Atlantic Meridional Overturning Circulation (AMOC), which includes the Gulf ...

Finding opportunities in the energy transition: IML

RACHEL ALEMBAKIS  |  THURSDAY, 3 AUG 2023  |  NEWS
The global energy transition is underway, but there are still very few pure play opportunities available to investors on global stock exchanges, bringing challenges to investors who want to allocate in ways that take into account complex and rapidly ...

Brookfield signs MoU for renewables

ROSE MARY PETRASS  |  WEDNESDAY, 2 AUG 2023  |  NEWS
... $18.7 billion bid to acquire in March. As part of the acquisition, Brookfield along with its institutional partners and global institutional investors GIC and Temasek will invest between $20 billion and $30 billion over the next ten years to transition ...

AustralianSuper grows global team with numerous hires

ANDREW MCKEAN  |  TUESDAY, 1 AUG 2023  |  NEWS
... major asset classes. Shah, formerly of Tesco Pension Fund, has held roles at The Bank of England, Goldman Sachs, and BMO Global Asset Management. At AustralianSuper, Shah manages the fund's government bonds portfolios and team in the UK and Australia. ...