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Showing 831 - 840 of 2543 results for "Asset"

Major indices provide ESG clarity

ROSE MARY PETRASS  |  TUESDAY, 12 MAR 2024  |  NEWS
... Biodiversity Risk dataset to assess nature-related impacts and dependencies across a company's direct operations at an asset, company and portfolio level. "S&P Dow Jones Indices' approach to index design reflects a holistic view of the vast sustainability ...

Firms wrestle with ESG data challenges

ROSE MARY PETRASS  |  MONDAY, 11 MAR 2024  |  NEWS
Financiers are struggling to cope with new ESG requirements, grappling with data challenges and alignment of sustainability goals with business strategy. New research from Bloomberg finds ESG data is the biggest hurdle. A survey of 200 European financial ...

ESG indices linked to Myanmar junta

ROSE MARY PETRASS  |  THURSDAY, 7 MAR 2024  |  NEWS
... and Vanguard. 18% of the ESG funds were active, while 82% were passive. In total, ESG-labelled funds managed by the five asset managers allegedly funneled shares worth US$13 billion to weapons dealers, tech firms and other firms linked to the military ...

Climate group exodus unlikely to hinder climate action: IGCC

ROSE MARY PETRASS  |  THURSDAY, 7 MAR 2024  |  NEWS
... the Equator Principles, which focuses on minimum climate standards for infrastructure and industrial projects. JP Morgan Asset Management also recently left Climate Action 100+. A spokesperson from Invesco, a fund with US$1.6 trillion AUM, told FS Sustainability ...

Industry unveils plan to boost female executives

ROSE MARY PETRASS  |  THURSDAY, 7 MAR 2024  |  NEWS
... entering Australia's $4 trillion finance sector. Its launch follows the release of gender pay gap data for super funds and asset managers. In financial services, the median total gender pay gap sits at 26%. Women comprise 29% of investment teams ...

Upward trends continue despite ESG backlash

ROSE MARY PETRASS  |  MONDAY, 4 MAR 2024  |  NEWS
The ongoing debate over asset benchmarking, regulation, and ESG investment versus science-based targets has led top practitioners to tread more carefully on asset allocations and geographical spread. The global responsible investment industry has in ...

PRI appoints RI ecosystem officers

RACHEL ALEMBAKIS  |  THURSDAY, 29 FEB 2024  |  NEWS
... Middle East, and Africa (NEMEA), and has over 25 years' experience in business development and relationship management within asset management and financial services firms. In April 2022, this role extended to cover the Continental Europe team, whereby ...

Defunct fund pays greenwashing fine

RACHEL ALEMBAKIS  |  WEDNESDAY, 28 FEB 2024  |  NEWS
... company's engagement in the activity was material based on a qualitative assessment and there was discretion to still hold the asset; "If 33% or more of the company's revenue was generated by an excluded activity, that activity would be considered material ...

Aware and Macquarie partner on green finance

ROSE MARY PETRASS  |  MONDAY, 26 FEB 2024  |  NEWS
Aware Super has inked a US$50 million deal to buy a speciality infrastructure finance company alongside Macquarie Asset Management's (MAM) Green Investment Group (GIG). Aware's private equity team will co-invest in Galway Sustainable Capital (GSC) ...

Rest makes another impact investment allocation

RACHEL ALEMBAKIS  |  MONDAY, 26 FEB 2024  |  NEWS
Rest is $150 million closer to reaching its impact investment target after allocating to a listed equity fund. Rest has invested in an international listed equities strategy run by Ninety-One, which "aims to achieve long-term total returns by investing ...