Greenwashing & Greenbleaching – 7 key points for asset managers August 29, 2023 | Sponsored ESMA (the European Supervisory Market Authority) published a “Progress Report on Greenwashing” – the link to which can be found here (https://www.esma.europa.eu/document/progress-report-greenwashing). The purpose of this report is to pave the way for future legislation but also to “identify preliminary remediation actions” (i.e. to cite clear examples of greenwashing, as a warning to market participants). [...]
Estimated ESG Data Is A Problem August 29, 2023 | Sponsored Earlier this year FTSE Russell published their annual global asset owner survey, focusing on their attitudes, priorities and decisions being made on sustainable investment. You can read the full results of the survey here. One of the key readings taken from this survey was that over half of asset owner participants believe that the primary [...]
Vivek Ramaswamy: The Republican outsider Donald Trump might actually be afraid of August 24, 2023 Ahead of the 2024 US presidential election, news headlines have been dominated by one man: former president and four-time indictee, Donald J Trump. But following the first Republican primary debate last night, a surprising candidate emerged as a potential rival for the nomination. Not Florida governor Ron DeSantis, or former vice president Mike Pence. And [...]
Communication Key in the Hospitality Industry’s Sustainability Growth August 23, 2023 | Sponsored “It’s important to understand how sustainability has evolved over the last few years, particularly in the luxury segment where people originally thought that you were introducing practices, because you wanted to reduce costs opposed to actually driving sustainability,” explains Francisco Macedo, Group Operations Director at Iconic Luxury Hotels. “There is a huge interest and a [...]
FCA under fire over greenwashing regulation delays July 18, 2023 The City watchdog has come under fire from a top industry group today after it announced it would delay a key set of guardrails for ‘environmental, social and governance’ investment products.
The ESG Data Quality Story July 18, 2023 | Sponsored Handle with caution: ESG data is plagued with gaps and holes – and we must treat it as such In times gone by, the main problem with data on companies’ impact on the planet and its people, on their internal culture and governance, was that we didn’t really have any. For the first stint of [...]
Hong Kong a reminder that firms must match words with actions July 12, 2023 Last week in this space we suggested that Hong Kong’s decision to place a bounty on the head of eight effectively-exiled pro-democracy protestors, including the young campaigner Nathan Law, showed the true autocratic colours of the territory’s government and its Beijing masters. That Hong Kong police yesterday raided the home of Law’s family, and questioned [...]
Is the era of ESG investing over? June 30, 2023 Battered by inflation and economic turmoil, ESG funds have to prove their worth again.
Banks ditch sustainability as economic headwinds slows progress June 13, 2023 SUSTAINABILITY is falling down the list of priorities for many UK banks, after a new study found the number of banks stating sustainability was a key part of their business strategy had plummeted by 40 per cent in a year. Only 60 per cent of banking leaders in the UK say sustainability is an important [...]