The Downgrading Trend

The Downgrading Trend Why many asset managers are implementing a more cautious approach to ESG classification  From January 2023 onwards, the second level of SFDR regulation will come into force, entailing new obligations on financial services providers and the introduction of RTS (Regulatory Technical Standard). Despite the SFDR’s honourable goal, its classification is creating a […]

One More Step Against Greenwashing

One More Step Against Greenwashing  The FCA (Financial Conduct Authority) is the financial market regulator in the UK, aiming to protect consumers, promote market competition and improve the integrity of the financial markets. The organization has recently confirmed that it is ready to release a set of new measures that will determine how different labels […]

Are passive funds over-investing in UK fossil fuel companies?

Are passive funds investing too much in fossil fuel companies? The think-tank Commonwealth delved into an issue regarding the financial sector, with particular attention on the UK, but that can be considered a worldwide phenomenon, starting from the US. In the paper “The Passive Revolution” by Buller and Hayes, it is shown that passive investments […]

MAINSTREET PARTNERS: ESG BAROMETER REPORT REVEALS 70% OF EUROPEAN FUNDS NOT SUSTAINABLE

MainStreet Partners: ESG Barometer report reveals 70% of European funds not sustainable MainStreet’s first ESG Barometer report analyzes the state of ESG integration in European funds, following the progress made since Europe’s Sustainable Finance Disclosure Regulation (SFDR) came into effect one year ago, on March 10. It shows that 70% of funds still do not […]

SOFTBANK AND BLACKROCK INVEST IN SUSTAINABILITY DATA AND ANALYTICS PLATFORM CLARITY AI

Softbank and Blackrock invest in sustainability data and analytics platform Clarity AI As reported by ESG Today and Reuters, Sustainability and analytics platform Clarity AI last Friday announced the conclusion of the second round of fund raising.   Resources, in the amount of $50 million, were provided by SoftBank’ Vision Fund 2, famous for investing […]

Asset Managers and Sustainability Commitments: Where Do We Stand?

At the beginning of 2020, BlackRock, the largest asset management firm in the world, announced radical changes in its investment strategy and climate change engagement. Among the actions undertaken by the company, in January BlackRock joined the Climate Action 100+, an investors’ coalition that aims at supporting carbon emissions reduction of the largest corporate greenhouse […]