Only two climate-related proposals received majority support this year, and no diversity initiative cleared 50%
Case is part of a flurry of lawsuits over socially conscious investment decisions
World’s biggest asset manager attempts to balance the demands of European and US clients on decarbonisation
Biden climate adviser John Podesta sits down with Moral Money to explain the administration’s shift in thinking
The $10.5tn money manager emphasises investor choice after a backlash to its advocacy for sustainable investing
Renewed optimism despite outflows from greener funds
UK asset manager’s decision underlines fierce debate on cutting carbon emissions
Also in today’s newsletter, how attitudes on transition finance in private markets are evolving
Each of the Irish-domiciled Ucits funds will have a different geographic focus
Artificial intelligence groups — and an egg company — are among the few publicly traded benefit corporations in the US
Today’s fund management industry is less pliable than protesters think it is
Also in today’s newsletter, will ocean-based carbon removal sink or swim?
As the ranks of the super-wealthy swell, the way they deploy their money is changing
Sustainable debt raises $273bn in first quarter, in contrast to downturn in ESG stock funds
Four leading finance professors discuss best practice, successful innovations, and important concepts and themes
The sector as a whole is under fire, but opportunities remain
How the market blocks accountability
Several months of fund outflows mark the decline of ESG as a marketing tool
Also in today’s newsletter, majority of Europeans polled willing to pay for climate action
ESG concerns may undermine support for potential blockbuster flotation
Sustainability-focused equity funds suffer net $40bn of outflows in 2024, the first sustained exodus
Top UK asset managers diverge from EU peers in voting choices
Trying to keep pace with European and US managers poses growing challenge for some smaller players in the region
Investors are increasingly focused on environmental and social issues, but how does impact investing compare with buying ESG funds? Plus: India’s VC impact funds, a boost for blue bonds, and the US entrepreneur helping former prison inmates
Issuance of debt linked to companies’ climate promises has fallen but green bond market proves robust
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