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Investors are embracing sustainable investment strategies in passive fixed income like never before. Billions of dollars are flowing into ESG-tilted sovereign debt as asset owners try to mitigate their exposure to climate risks. But there are unintended consequences that are not discussed enough, notably related to biases present in the ESG assessment where scores tend to favor higher income countries.
Progress and Challenges on the Path to Decarbonization
Chicago based V-Square Quantitative Management LLC (V-Square), a global asset management firm with sustainability at its core, announced that it has expanded its market-leading separately managed account platform with the launch of the V-Square MSCI Global Equity ESG Materiality and Carbon Transition Indexed Strategy.
Climate finance provided and mobilised by developed countries for climate action in developing countries reached USD 83.3 billion in 2020, according to new OECD analysis.
The Scottish Government has announced a zero direct emission plans for all new buildings.
Reducing greenhouse gas emissions is both an immediate imperative and an incredible opportunity.
Nearly 28,000 homes and businesses will be shielded from costly fossil fuels as the UK government awards more than £54 million to innovative heat network projects in England.
The Integrity Council for the Voluntary Carbon Market is launching a public consultation on its draft Core Carbon Principles (CCPs), which propose fundamental, interlinked criteria for high-quality carbon credits that create real, verifiable climate impact, based on solid science and best practice, with social and environmental safeguards.
ICG, the global alternative asset manager, has announced that its debut Infrastructure fund, ICG Infra I (“ICG Infra”), has acquired British Solar Renewables (“BSR”), one of the largest integrated solar developers in the UK.
The latest NatWest Sustainable Business Tracker shows encouraging signs that UK businesses are seeking to reduce the carbon footprint of their supply chains.
Airbus has joined the world’s largest clean hydrogen infrastructure investment fund, managed by Hy24 - a joint venture between Ardian, a world-leading private investment house and FiveTHydrogen, an investment manager specialising in clean hydrogen investments.
According to the World Resources Institute, three industrial subsectors are the fastest-growing sources of greenhouse gas (GHG) emissions: since 1990, emissions from industrial processes grew by 187%, followed by transportation (+79%), and manufacturing and construction (+56%). The indirect impact is even larger.
With pro bono support from Berkeley, not-for-profit organisation Chapter Zero has launched a new Board Toolkit to enable non-executive directors (NEDs) to help their boards take timely, positive and decisive action on climate change and the transition to net zero.
Renewable power generation is growing faster than overall demand in 2022, leading to slight decline in global power sector CO2 emissions despite rising coal use in Europe amid gas crisis.
Volvo Cars announces it will establish a third manufacturing plant in Europe, positioning the company well to meet the continued demand from its customers for electric cars and capture future growth potential.
Solar powered aircraft, ultra-efficient wings and medical treatment carrying drones are just some of the technologies the government will back.