ESG Archive

Apr 11, 2019
Investors underpricing impact of climate-related risks, BlackRock warns
BlackRock has warned that investors are underpricing the impact of climate-related risks and need to rethink their assessment of asset vulnerabilities. As part of an ongoing analysis, the asset manager asserts that although the physical manifestations of climate change are clear - including rising sea levels and more intense hurricanes, wildfires and droughts - how investors incorporate these risks into their analysis is not. The research indicates that many ...
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Apr 04, 2019
Companies face mini-wave of plastic pollution proposals
Petrochemical companies are facing pressure to disclose incidents where they have spilled plastic into the ocean, which leads to what is said to be a major source of pollution. As You Sow, a non-profit organization that promotes environmental and social corporate responsibility via engagement, investor pressure and other legal strategies, has filed proposals seeking such reports with four major companies this proxy season. If approved, the proposals would req...
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Mar 20, 2019
SEC official cautions on new ESG disclosure rules
US companies appear unlikely to face additional ESG-related reporting requirements in the near future, despite calls from major investors for new rules. William Hinman, director of the SEC’s division of corporation finance, recently expressed caution about mandating specific disclosures in the ESG field, expressing a preference for market forces to determine what companies report. He noted that sustainability disclosure is of interest to investors but pointed to t...
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Mar 08, 2019
Fearless Girl campaign prompts more than 400 firms to add female director
Earlier this week, the world’s second Fearless Girl statue was installed in London, just feet away from St Paul’s Cathedral. As is the case with her counterpart in New York – originally installed opposite the Financial District’s Charging Bull and now stationed outside the NYSE – she stands tall, hands on hips, looking proudly out to the world. When New York’s Fearless Girl statue was installed, on International Women’s Day 2017, it marked the beginnin...
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Mar 08, 2019
Asset managers back more climate proposals, Ceres finds
New analysis from Ceres and FundVotes indicates robust growth in support for climate-related proposals among the largest institutional investors operating in the US. During the 2018 proxy season, 46 percent of asset managers voted for more than half of climate-related shareholder proposals tracked by Ceres, up from roughly 33 percent in 2017. The shareholder proposals analyzed asked companies to take action by, for example, setting greenhouse gas reduction targets, ...
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Feb 25, 2019
Private equity firms ramp up ESG integration, study finds
Private equity firms are increasingly considering the ESG impact of their investment before pumping money into a company, according to a PwC survey. The survey finds that investors are tuning into the fact that steering sustainable business practices through responsible investment can drive financial returns. PwC polled 162 finance companies from 35 countries, including 145 private equity firms. Almost 91 percent of respondents say they have an ESG policy in ...
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Feb 14, 2019
Survey highlights growing investor pressure on governance teams
New research underlines the increasing pressure on companies – and in turn their governance teams – to respond to demands from investors with effective engagement, disclosure and policies on an ever-broader array of topics, including human capital. Eighty-five percent of investors polled by Morrow Sodali say climate change will be the most-prioritized sustainability topic of their corporate engagements in 2019 – up 31 percentage points from last year and 35 pe...
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Feb 14, 2019
Earnings calls increasingly mention plastic waste
MSCI suggests that firms’ use of plastic is coming under greater scrutiny, amid broader and growing investor scrutiny of companies’ ESG performance. The mention of plastic waste in earnings calls increased by 340 percent in 2018, compared to the previous year, according to MSCI research. The index provider predicts that 2019 will see m...
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Feb 04, 2019
How to respond to the ESG spotlight
Evidence of the link between investment returns and companies’ ESG commitments is mounting exponentially, showing that ESG should no longer be viewed as a fad and fueling scrutiny from asset managers. With this in mind, Curley Global IR (CGIR) in 2018 conducted research into ESG-related issues such as sustainability definitions, materiality and disclosure, issuer engagement and perspectives on current best practices. CGIR’s data derives from detailed discussions...
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