This report assesses the pensions sector’s response to the recommendations of the Task Force on Climate-related Financial Disclosures, and features anindex of the world’s 100 largest public pension funds rated on their approach to climate-related risks and opportunities
Brief on imminent threats to asset owners’ portfolios from climate and water risks.
Portfolio managers and analysts are increasingly incorporating ESG factors in their investment analyses and processes. However, ESG integration remains in its relative infancy, with investors and analysts calling for more guidance on exactly “how” they can “do ESG” and integrate ESG data into their analysis.
More than 90% of respondents believe that generating a positive societal and environmental impact is an integral part of their fiduciary duty and 33% of institutional asset owners with an impact allocation allocate at least 10% of AUM to impact assets.
Phenix Capital has released findings from a survey of participants at the upcoming 5th annual Impact Summit Europe in its inaugural Impact Asset Owner Trend Report.
Click here to read
In 2010, SustainAbility launched a multi-phase research program, Rate the Raters. The program was designed to influence and improve the quality and transparency of corporate sustainability ratings.
With just under two months to go until the second gender pay gap reporting deadline only 10% of organisations have released their reports and whilst some have taken the opportunity to build on their initial report, others have merely provided the statutory figures again.
“We believe that companies ableto generate an impact alongside equity return have a significant tailwind”
In this report, editor of Hub News, Cherry Reynard, interviews Fund Manager John William Olsen on the launch of the new M&G Positive Impact Fund. This interview first appeared in Hub News Issue 40.
Leveraged finance is well adapted to engagement as the direct, contractual nature of the loan creates more frequent interaction between the parties, permitting engagement and lobbying to a greater extent than between a bondholder and issuer.
Physical risks– such as rising temperatures, flooding, drought, sea level rise and water scarcity – are already being felt globally, and the associated financial losses (both insured and uninsured) have significantly increased in recent years.
The ClimateWise Insurance Advisory Council has developed the ClimateWise Physical Risk Framework, which demonstrates how the risk analysis tools of the insurance industry can inform other parts of the financial sector and demonstrate the role of adaptation in mitigating these risks. The framework offers real estate investors and lenders a means of understanding the potential physical risks of climate change on their portfolios.
Click here to read the report
Investment Advisers, Sustainability Accounting, and Their Effects on Corporate Social Responsibility. Actions that fall under the catchall of “corporate social responsibility” have been viewed with skepticism. In the United States, part of the blame lies with lax laws and regulations surrounding social and environmental disclosure. Disclosure may soon be vastly improved with finalisation of the Sustainability Accounting Standards Board’s financially material social and environmental reporting standards. While the standards are voluntary, the fact that they have been endorsed as “material” by many of the world’s largest investment advisers will transform them into legally actionable standards.