Deloitte & Fletcher School says that the lack of trust in ESG data is holding back sustainable investing
As sustainability becomes a more common consideration for investment management professionals in the United States, trust in the environmental, social and governance (ESG) data used to inform investment decisions by…
Bloomberg has introduced new bond indices that focus on government climate goals and are tailored for investments in the low-carbon transition
Bloomberg declared the introduction of the Bloomberg Government Climate Tilted Bond Indices, a new benchmark collection for government bond investors looking for exposure to the shift to a low-carbon economy. The indices…
UBS Asset Management Launches First UCITS ETF Tracking S&P 500 Climate Transition Index
UBS Asset Management (UBS AM) has launched the UBS ETF S&P 500 Climate Transition ESG UCITS ETF, marking a significant stride for sustainability-focused investors in Europe. This ETF is the…
The United States saw a record $239 billion investment in clean technologies in 2023, according to a report by Rhodium Group & MIT Clean Investment Monitor
In a groundbreaking discovery, the Rhodium Group and MIT CEEPR have revealed the 2023 Clean Investment Monitor (CIM), a comprehensive database displaying the changing landscape of clean technology investments across…
Goldman Sachs’s MN8 Energy has secured $325 million to support the growth of renewable energy
Investment round led by Mercuria Energy Group with participation from Ridgewood Infrastructure and backed by existing investors MN8 Energy LLC (“MN8” or “The Company”), one of the largest and most sophisticated…
Top 5 Dutch Pension Funds Offer Billions for Energy Transition in Netherlands
The five largest pension funds in the Netherlands, with a total of €900 billion ($975 billion) in assets, are offering to invest a large amount of money and expertise to speed up the country’s energy transition. This…
Congressman Introduces Bill to Exclude ESG Factors from Retirement Investment Plans
Congressman Greg Murphy, M.D. introduced the Safeguarding Investment Options for Retirement Act, legislation to prohibit tax-advantaged retirement plan trustees from considering factors other than financial risk and return when making…
BlackRock is facing legal trouble in Mississippi over alleged deceptive statements about its ESG practices
BlackRock, the world’s largest asset manager, is under fire again for its environmental, social and governance (ESG) investment strategies. This time, Mississippi Secretary of State Michael Watson issued a “cease…
Denmarks Industriens Pension includes MSCI Climate Action Indexes in global stocks benchmark
As a part of the plans to reduce the climate footprint from the investments, Industriens Pension is now introducing a new climate-related benchmark, which partly sets the direction for the foreign…
Climate Action 100+ has published a Net Zero Standard for assessing oil and gas companies
Results show that current transition plans are not enough for investors to accurately assess transition risk, which is an important financial risk for high-emitting companies on the Climate Action 100+ focus list. Climate…