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environmental social and governance

  • Political activism does not belong in the office

    Opinion

    Ideological employee groups, ESG requirements and staff activism have nothing to do with business, writes Baroness Joanne Cash.

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  • HSBC Asset Management’s sustainability boss to depart as sector pivots on ESG

    Banking

    The top sustainability boss at HSBC Asset Management is set to leave the firm amid chief executive Georges Elhedery’s review of the lender’s environmental, social and governance (ESG) policies. Erin Leonard’s exit, as first reported by Reuters, follows Celine Herweijer, the bank’s former chief sustainability officer, leaving the firm at the end of last year. [...]

    Picture of HSBC building outside.
  • Impax profit drops as ESG-focused asset manager looks forward to Trump’s return

    Investing

    ESG-focused Impax Asset Management has reported a fall in profit and continued outflows but said Donald Trump’s return to the White House could help its portfolios deliver “excellent returns”. The London-listed firm said on Thursday that its pretax profit came in at £49m for the year ending on 30 September, down six per cent from [...]

    The strong performance of oil and gas firms after the war in Ukraine and regulatory issues have made investors question the ESG label in recent years.

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