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. [...]
Green finance withers as Trump effect spreads ESG News Financial hubs are ditching green finance, fresh research shows, after President Donald Trump’s return to the White House triggered a global retreat. Centres across the world had their green finance rating reduced in the 15th edition of Z/Yen Global Green Finance Index (GFFI). Despite topping the index, London’s rating reduced 36 points to 598. Zurich [...]
Elon Musk is paying the price for mixing business with politics Opinion Tesla sales are collapsing in Europe as the public are put off by Elon Musk’s vocal support for Donald Trump. It’s an object lesson in how politics can come at a cost to business, says Eliot Wilson Last week it was reported that Tesla sales in Europe fell by 45 per cent in January compared [...]
The Observatory Presents – A New Immersive Art and Wellness Space in the Eastern City January 7, 2025
Sport sponsorship: Best deals, who’s investing and 2025 growth January 5, 2025 As 2025 kicks off, the sports sponsorship landscape is brimming with opportunity. New trends are emerging and the environment is ripe for seasoned sponsors to make bold investments promoting new brand offerings. With Premier League clubs preparing for life after gambling sponsors and athlete-driven media platforms gaining traction, the industry is undergoing a transformation that [...]
King Henry Vlll vs Financial Literacy – Londoners speak out on Financial Education in Schools December 2, 2024 | Sponsored Today, the British public can recite the six wives of King Henry VIII – but if you ask about savings accounts, budgeting, career planning, or the support they had in their early years, many are left scratching their heads. A 2023 survey from EVERFI from Blackbaud UK revealed that 74% of teachers believe financial literacy [...]
Impax profit drops as ESG-focused asset manager looks forward to Trump’s return November 28, 2024 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 [...]
Why asset managers are leaving climate groups November 25, 2024 The UK asset management industry was hit last week with another significant departure from climate-focused organisations, as Baillie Gifford dropped its membership of two ESG groups. The Scottish asset manager left both the Climate Action 100+ group and Net Zero Asset Managers initiative after it became embroiled in a months-long scandal over its sponsorship of [...]
Victory for Shell after Dutch court overturns landmark emissions ruling November 12, 2024 The Hague Court of Appeal has overturned a landmark ruling that ordered the energy giant Shell to reduce its carbon emissions.
The ESG Imperative: Why finance leaders must move beyond tradition November 8, 2024 ESG is no longer optional; it’s a necessity for long-term viability. The ESG Future Growth Forum London offers a vital platform for leaders ready to look beyond the quarterly numbers and fully embed ESG into the organisation’s DNA, says Joel Blake The London finance sector is no stranger to disruption. We’ve navigated seismic shifts, from [...]