To ESG or not to ESG, why bother? January 11, 2023 | Sponsored There’s no denying the bombshell declaration of $9.5bn of “socially conscious funds” from ESG investments being tied up in Russian oil companies has come as a predictable shock. Or when ESG ratings company Truvalue Labs gave Sam Bank-Friedman’s FTX crypto enterprise a higher score on ‘leadership and governance’ than Exxon/Mobil. Being neither environmentally nor socially responsible, [...]
Pinsent Masons ramps up its ESG presence with latest acquisition January 10, 2023 Pinsent Masons today acquired sustainable finance consultancy Morgan Green Advisory (MGA) as the London law firm seeks to capitalise on surging demand for ESG advice. The law firm’s acquisition for an undisclosed sum will see MGA’s 25 expert consultants join Pinsent Masons’ 2,500-strong international team. The London firm’s decision to snap up MGA comes as [...]
BlackRock comes under fire from London investor over ESG ‘hypocrisy’ December 7, 2022 London-based activist investor Bluebell Capital has set its sights on the world’s biggest asset manager BlackRock, calling for chief Larry Fink to be ousted over “hypocrisy” on environmental, social and governance issues.
‘Greening’ investor portfolios has done little to slash emissions, UBS warns November 10, 2022 The “greening” of investors’ portfolios has had little impact on the actual decarbonising of the economy, investment bank UBS warned today, as it called for a significant acceleration of financial efforts to tackle environmental collapse.
‘Golden source’ for ESG data will help listed firms decide where they put their cash November 8, 2022 A new ‘golden source’ for environmental and social governance (ESG) data will help listed firms decide where they put their money, and even what their values should be. Nina Spencer saw a gap in the market after more than 15-years sitting on company boards and advising leading fintech firms. Her new analytics and benchmarking database, [...]
The City is a green machine but ESG claims must be scrutinised properly November 2, 2022 Greenwashing, virtue-signalling and corporate guff are setting back the City’s environmental agenda Is it pro-bird? Is it anti-plane? Or is it just a bubble? That’s the question that many in the City have been asking themselves over the past few months about those three little words: environmental, social, and governance. The rise of ESG was [...]
FCA poised to clampdown on greenwashing with ‘ESG’ curbs October 25, 2022 The UK’s City watchdog has announced a landmark set of measures to police how firms use terms like ‘ESG’ and ‘green’ today as it looks to stamp out rampant greenwashing in the City.
Global ESG funds set to hit $34tn by 2026, says PwC October 10, 2022 The global value of environmental, social and governance funds will surge to nearly $34tn by 2026 as investors look to profit from a transition to green energy, according to a new report.
MPs set to scrutinise ESG industry amid greenwashing concerns October 6, 2022 MPs are set to scrutinise the environmental, social and governance (ESG) investing industry next week amid growing concerns of 'greenwashing'.
Deloitte to recruit 3,500 new consultants in £220m hiring spree September 20, 2022 Deloitte is set to hire 3,500 new consultants as part of £220m plans to capitalise on surging demand for advice as businesses seek to navigate the digital and green transitions. The hires will see the Big Four accountancy firm’s increase the size of its consulting workforce by 40 per cent over the next half a [...]