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 [...]
“Genuinely uplifting” – The City AM Dragon Awards for Social Impact October 29, 2024 The rest of this week is going to be dominated by the Budget, so permit us a diversion today as this column focuses not on capital gains tax, investor sentiment or national insurance, but on the quiet, unassuming brilliance of so many people and so many businesses doing so many great things. In yesterday’s paper [...]
London Stansted embarks on exciting new chapter October 22, 2024 | Sponsored As an economic powerhouse, London needs to keep investment rolling in, to create jobs, to support economic growth and to maintain the capital’s place on the world stage. Last week’s International Investment Summit hosted by Prime Minister, Sir Keir Starmer, was an ideal opportunity for London Stansted to showcase its role in helping the government [...]
‘Overwhelming’ number of Brits back water firms being sued over pollution October 10, 2024 An "overwhelming" amount of the public supports water companies being sued for financial damages, as the sewage pollution puts the limelight onto water businesses
ESG management platform FuturePlus closes £2.7M Seed raise October 8, 2024 | Sponsored The Sustainability Group, developers of sustainability management and ESG reporting platform FuturePlus (add Hyperlink: https://www.future-plus.co.uk/), has closed its latest round. Overfunding in this round, The Sustainability Group secured a 5x increase in its valuation in just under 3 years, taking its total investment to £2.7 million to date. The Sustainability Group will invest the funds [...]
In defence of ‘Woke Capitalism’ October 2, 2024 DEI schemes are there to improve businesses and equality. What are the opponents of 'woke capitalism' so afraid of, asks Eleanor Kaye.
Meet the fund managers: Renewable infrastructure in the FTSE 250 September 30, 2024 In this weekly series, investment reporter Elliot Gulliver-Needham sits down with a fund manager for a Q&A. This week, we’re hearing from Minesh Shah, manager of The Renewables Infrastructure Group (TRIG). How does your fund stand out from others in the same market? The Renewables Infrastructure Group (often known as TRIG) is a £3bn FTSE [...]