61 results
ABC: Test Article DG 02
ABC: Test Article DG 02
Subtitle
Civil unrest is set to intensify in 2026, with seven of the world's largest economies among the highest-risk markets and commercial property facing growing targeting.
Focal points
- Civil unrest globally is projected to be more frequent and disruptive in 2026 than in 2025; rising political polarisation, fiscal pressures, and social media dynamics are combining to amplify popular discontent across advanced and emerging economies.
- Europe accounts for half of the ten highest-risk countries — including Germany, France, Spain, Italy and the United Kingdom — while the US recorded the largest increase in monthly protest scale, rising from an average of 172,000 participants in Q4 2024 to 696,000 in Q4 2025.
- Commercial property is being targeted with increasing frequency during protests, with 53 countries recording an increase in attacks against commercial property over the past year, generating hundreds of millions of dollars in damages and business interruption losses.
Contents
... includes ...
- Civil unrest risk drivers and 2026 outlook methodology
- Regional risk assessments: Europe, Americas, Asia-Pacific
- Sector exposure: commercial property, infrastructure and supply chains
- Implications for business continuity and investor risk management
[Selected by Mike (54) | Summarised by Sonnet 4.6 | Human-directed; AI-powered]
ABC: Test Article DG 02
ABC: Test Article DG 02
Subtitle
Civil unrest is set to intensify in 2026, with seven of the world's largest economies among the highest-risk markets and commercial property facing growing targeting.
Focal points
- Civil unrest globally is projected to be more frequent and disruptive in 2026 than in 2025; rising political polarisation, fiscal pressures, and social media dynamics are combining to amplify popular discontent across advanced and emerging economies.
- Europe accounts for half of the ten highest-risk countries — including Germany, France, Spain, Italy and the United Kingdom — while the US recorded the largest increase in monthly protest scale, rising from an average of 172,000 participants in Q4 2024 to 696,000 in Q4 2025.
- Commercial property is being targeted with increasing frequency during protests, with 53 countries recording an increase in attacks against commercial property over the past year, generating hundreds of millions of dollars in damages and business interruption losses.
Contents
... includes ...
- Civil unrest risk drivers and 2026 outlook methodology
- Regional risk assessments: Europe, Americas, Asia-Pacific
- Sector exposure: commercial property, infrastructure and supply chains
- Implications for business continuity and investor risk management
[Selected by Mike (54) | Summarised by Sonnet 4.6 | Human-directed; AI-powered]
VBDO: Global Sustainable Investment Review
VBDO: Global Sustainable Investment Review
(https://www.gsi-alliance.org/members-resources/)
GSIA publishes regular reports on the state of sustainable investment in world’s major financial markets, most recently published in 2025.
The 2024 report was published in November 2025.
The reports repeatedly demonstrate that sustainable investment is a major force shaping global capital markets, and, in turn is influencing companies and others seeking to raise capital in those global markets.
The 2025 report finds that sustainable and responsible investment is moving from a niche practice to a systemic consideration.
Wespath: 2025 Sustainable Investment Report
Wespath: 2025 Sustainable Investment Report
(https://issuu.com/wespath/docs/6118)
"Through sustainable investing, Wespath seeks strong financial returns while aligning with our shared values. This report includes recent highlights, including Wespath’s work on affordable housing, climate change, human rights and more!"
Wespath: Four Sustainable Investing Myths That Don’t Hold Up to Scrutiny (Blog)
Wespath: Four Sustainable Investing Myths That Don’t Hold Up to Scrutiny (Blog)
(https://www.wespath.com/Investor-Resources/Blog/four-sustainable-investing-myths)
"Since the end of September [2025], Wespath has published a report and white paper on sustainable investing that together total nearly 100 pages....
...Instead, this is our attempt to explain Wespath’s sustainable investing approach in a more engaging and accessible format without glossing over the complexities. Proponents of sustainable investing often fall into the trap of making it too dense, or overly simplistic and missing crucial context. Hopefully our own version of “MythBusters” will strike the right balance."
2026 Say on Climate season has started with OVHcloud
2026 Say on Climate season has started with OVHcloud
(https://www.frenchsif.org/isr_esg/wp-content/uploads/PR-lancement-SoC-2026.pdf)
Since 2021, through several position statements, the Forum for Responsible Investment (FIR) has been
calling for the widespread adoption of demanding Say on Climate (SOC) as a pragmatic tool for dialogue
aimed at helping companies improve their climate strategies. At the same time, continuing its work over
the last four years, the FIR is renewing its partnership with ADEME in 2026 to produce analyses of the
climate strategies of European companies (including the United Kingdom and Switzerland) that submit
them to a vote of their shareholders at annual general meetings. To this end, FIR and ADEME will once again
be supported by the Ethos Foundation and the World Benchmarking Alliance, which are responsible
for European assessments outside France based on the ACT methodology. While the FIR focuses more on
assessing corporate transparency, the ACT methodology aims to analyze both the ambition and credibility of
climate plans.
To kick off the 2026 season, an initial joint analysis by the FIR and ADEME focuses on the climate strategy
of OVHcloud, which has been put to a vote by its shareholders at the company general meeting on February 12.
JobPost: PRI - Associate, Signatory Operations - Beijing (close 1 March)
JobPost: PRI - Associate, Signatory Operations - Beijing (close 1 March)
(https://app.beapplied.com/apply/kwaa1znf28)
Associate, Signatory Operations - Beijing
Principles for Responsible Investment
Employment Type Full time Please note, where PRI has an office there is an expectation to work a minimum of 2 days per week
Location Hybrid · Beijing, China
Team Signatory Operations
Seniority Junior
Closing: 11:59pm, 1st Mar 2026 KST
S&P Global: Top 10 Sustainability Trends to Watch in 2026
S&P Global: Top 10 Sustainability Trends to Watch in 2026
(https://www.spglobal.com/sustainable1/en/insights/2026-sustainability-trends)
In 2026, sustainability will be a story of how stakeholders balance near-term priorities with long-term realities.
Businesses will seek to craft durable sustainability strategies that allow them to navigate the current political environment even as many of their projects and investments extend beyond election cycles. This challenge will be especially fraught for global companies navigating an increasingly fragmented landscape for policy, regulation and standards. Businesses will continue to evolve the way they articulate their sustainability efforts toward language that prioritizes pragmatism, risk avoidance and profitability.
Sustainalytics: Climate Transition Funds: Regional Trends, Flows, and Growth Drivers
Sustainalytics: Climate Transition Funds: Regional Trends, Flows, and Growth Drivers
Key Insights:
- In the first half of 2025, Climate Transition funds represented over half (54%) of all climate asset funds in Europe, and were the largest climate fund category in the US at 44%.
- Climate Transition funds were the only category of climate fund assets to attract inflows in both Europe (USD 1.6 billion) and the US (USD 580 million) in the first half of 2025.
- Passive funds, including those that track Paris-Aligned Benchmarks and Climate Transition Benchmarks, dominated the global Climate Transition funds category, reaching USD 225 billion in assets as of June 2025, and making up 74% of global investment in Climate Transition funds.
FIR: Publication of FIR's written questions campaign to CAC40 2025
FIR: Publication of FIR's written questions campaign to CAC40 2025
(https://www.frenchsif.org/isr_esg/wp-content/uploads/FIR_Rapport-S6-AG2025_EN_09.01.26.pdf)
For the sixth consecutive year, the FIR has published its engagement report on CAC 40 companies.
This year, four generic questions were asked to companies based on major themes identified as key issues for them: sobriety, decent living standards in the value chain, non-financial skills of directors, and artificial intelligence governance. A fifth personalised question was asked to each company regarding issues of particular relevance to it.
Each company was rated on a scale of 0 to 3.
Kering ranks first in the classification with a score of 2,4 / 3.
Goldman Sachs: The path to 2075 — the positive story of global aging
Goldman Sachs: The path to 2075 — the positive story of global aging
It is far from clear that the economic drawbacks of population aging are as intractable as they are commonly depicted, according to Goldman Sachs Research economists.
Although rising public sector pension costs remain a concern for some economies, the most effective means of counteracting the impact of aging on dependency ratios is to extend working lives, they write. Fortunately, this trend is already in motion.
Despite the large decline in DM working-age ratios that has already taken place, DM dependency ratios have actually fallen. This trend towards extending working lives shows little sign of abating and is taking place in countries with minimal changes to pension laws, suggesting an adaptive response to increased longevity.
RFI Foundation: Making sustainability work for OIC financial institutions & Islamic finance
RFI Foundation: Making sustainability work for OIC financial institutions & Islamic finance
Systemiq, a company focused on promoting systems change work, has released its “Blue Whale Inquiry” seeking to combine insights into the current challenges facing sustainability gathered from 50 leaders. The resulting report outlines a range of changes across business, governments, NGOs and the financial sector to reinvigorate sustainability for the next stage of advancement towards global goals. It also includes a frank discussion of the challenges, but also potential breakthrough areas where past efforts could bear fruit even in an environment full of headwinds.
For the financial sector, three of the key catalysts highlighted are breaking the hold of short-term financial returns on decision-making, leadership among the Global South countries through adoption and delivery on more sustainable economic models, and the use of technology including AI to avoid “being trapped in an acronym-heavy compliance regime” that has developed within ESG.
Many of the necessary changes have been identified before. It remains true that they need to be tackled, but there is significant inertia that slows progress in deviating from the paradigm where worldly wisdom often values conventional failure over unconventional success. Likewise, there have been recurrent examinations of the problem of the high cost of capital for climate & SDG action in emerging markets & developing economies, and the debt distress that many countries experience as a result, even while the problem continues to be perceived as intractable.
As has been experienced in Islamic finance, there are often times when the most effective approaches to scale up an alternative to the current system eventually run into the headwinds of trying to compete on the incumbents' playing field. The thesis of the Blue Whale Inquiry is that the points where progress seems most difficult to achieve can also be the most fortuitous place to be working in when unanticipated major shifts are underway, as they are today.
The current dynamics in the global system are characterised by rapid shifts in the standalone viability of new sustainable energy systems, a rapid unscheduled disassembly of the unipolar order, and the introduction of AI technology that can widely disperse information with few limitations on access or use, for good and bad. The slipping of tectonic plates in the global order, and the reflexive rush towards seeking out security, are producing contradictory movements but allow a much greater range of action than is typically seen. These shifts often impact issues where the deadlock appears strongest, where the most effort is concentrated on change and resisting change.
All of that is to say to the financial sector, and particularly institutions from emerging markets & developing economies, and within Islamic finance, that there is little to be lost from making a renewed push towards the changes that have long been sought out. Contradiction between a desired outcome and the value(s) that finance often elevates has produced a stalemate, but there is no reason to believe these problems will always remain hardest to unknot.
For financial institutions in OIC markets seeing recalibration of externally imposed sustainability disclosure standards, there may be value in concentrating efforts on practices that provide a better balance between investor expectations and other stakeholder needs. For Islamic finance, the greatest opportunity may lie in leaning into the discussion of ethics that other financial sector stakeholders are wary of tackling. It may be more advantageous to be able to talk authentically about ‘just’ outcomes as the economy-wide transition accelerates, as our planetary debts come due.
Many of these same hopes and aspirations were brought into the mainstream as Covid swept around the world, only to be seemingly dashed by the desire to resume ‘normal’ life as the economy reopened. Yet at the same time, many of the features which made that previous inflection point come and go may have left changes that will enable future change.
For example, climate impacts seem much more ‘here and now’ rather than in the distant future, as they did during the past decade. Electrification and clean energy have gained a significant foothold as being economically competitive if not outright advantageous. Technology – not least around AI – has become ubiquitous where it previously seemed distant.
This is no guarantee that we will look back at today as representing a positive inflection point on the road towards restoring the balance between humanity, nature and the climate. But there is still more to be gained by being ambitious in pursuing delivery rather than being hesitant and maintaining the path for responsible finance as a disclosure and compliance effort.
Want to stay updated about the implementation of responsible finance in OIC markets & Islamic finance? Subscribe to RFI’s free email newsletter today!
VW: Sustainability Report 2024
VW: Sustainability Report 2024
For the reporting year 2024, Volkswagen AG is issuing a combined, non-financial statement (sustainability report) for the Volkswagen Group and Volkswagen AG. The combined, non-financial report is drawn up in accordance with sections 315c, in conjunction with sections 289c through 289e of the Handelsgesetzbuch (HGB – German Commercial Code).
For the reporting year 2024, the European Sustainability Reporting Standards (ESRS) were applied in full for the first time as a framework for the sustainability report (sustainability statement) as they provide the basis for the provisions on sustainability reporting in accordance with the European Union’s Corporate Sustainability Reporting Directive (CSRD).
FSI MUFG SII - New RFP
FSI MUFG SII - New RFP
Research Tender
Subject: Anthropogenic methane emissions – opportunities for investor action
Introduction:
In May 2021 First Sentier Investors (FSI) and Mitsubishi UFJ Trust and Banking Corporation (MUTB) (a subsidiary of Mitsubishi UFJ Financial Group, Inc (MUFG)), jointly launched the First Sentier MUFG Sustainable Investment Institute (the Institute).
The aim of the Institute is to provide research on topics that can advance sustainable investing, including examining market trends and practices that the investment industry must address if it is to make an active and positive contribution. These topics may address behavioural, societal, cultural, macro and systemic changes, impacts of regulation and how such trends impact the performance of companies, sectors, and economies, and influence the allocation of capital by investors.
Purpose and scope of project
Based on the resources shared by SII/FSI, its own research base and discussions with SII/FSI, the research provider is expected to conduct research and produce a report outlining key sector-specific drivers of anthropogenic methane emissions and investor-relevant mitigation pathways.
Project - Anthropogenic methane emissions: overview report focusing on investor-relevant mitigation approaches in key sectors
Background
Methane is a greenhouse gas which significantly impacts global warming through its ability to trap heat in the atmosphere; while methane breaks down in the atmosphere in just 12 years (compared to centuries for CO2) it has a comparatively stronger impact on climate (over 20 years, 1 tonne of methane is equivalent to over 80 tonnes of CO2). Methane is responsible for approximately 30% of global warming to date, which means that reducing methane emissions must be an essential element of climate change mitigation efforts[1]. Importance of methane emissions reduction has been recognised globally with the launch of the Global Methane Pledge at COP26, which sets a goal to reduce emissions by at least 30% from 2020 by 2030[2]. Despite existing global, national, and private sector commitments, significant challenges to methane abatement exist, as evidenced by the continuously high level of methane emissions from key sectors in 2023[3].
The Sustainable Investment Institute is aiming to aid investor awareness of the importance of methane emissions reduction and mitigation pathways and facilitate stakeholder action by commissioning a report which will focus on sector-specific mitigation opportunities and highlight relevant challenges.
Report
This report will provide a high-level, investor-relevant analysis outlining the opportunities and challenges to methane mitigation in key contributing sectors, including
· oil and gas
· coal mining (open-cut and underground)
· agriculture
· waste/landfills
policy and regulatory frameworks; and identifying avenues for investor action. The report will cover the following elements:
· Financial materiality of risks associated with methane, including direct (fines, regulation) and indirect (climate impacts, reputation) risks
· Importance of methane emissions reduction as part of global climate action
· Key sources of anthropogenic methane emissions
· Relevant global and national commitments, a timeline of progress for methane emissions reductions necessary to meet global target commitments and key milestones
· Regulatory backdrop in key jurisdictions, including recent trends, anticipated changes (for example in the US) and the implications for companies
· Drivers of methane emission in oil and gas, mining, agriculture, waste sectors (ideally the research provider will be able to cover all sectors mentioned, but we will also consider proposals with a narrower scope)
· Measuring and disclosing methane emissions (analysis of any existing reporting frameworks, variance in approaches to methane measurement between industries, data collection challenges, relevant metrics and targets, high level mapping of existing data sources for investors)
· Sector-specific opportunities and challenges to methane reduction (including the business case, overview of existing and emerging technologies or mitigating actions, approaches to quantifications of impact on methane emissions reduction, timeframe for roll-out and scalability)
· Relevant industry initiatives and commitments
· Sector-specific investor engagement guidance (a major focus of the report)
Research Approach
· Establish the exact scope of the report, along with literature and data to be used in discussion with SII
· Provide an outline of the project and a timeline
· Conduct research on anthropogenic methane emissions and opportunities for investor action in accordance with the scope established with SII.
Proposal guidelines:
In your proposal, please include the following information:
· Proposed research methodology
· The proposed scope of the research
· Proposed relevant publications to be used as literature review
· Proposed report structure
· Proposed timetable for execution of the project, including intended interaction with the Institute and report reviews. Please indicate the earliest project complication.
· Proposed fees and costs
· Short biographies or skills profile of the proposed team members
Proposed timelines:
· This RFP is issued on 26.03.2025
· Any questions or feedback regarding the brief should be submitted by 04.04.2025
· Answers to any questions will be provided by 11.04.2025
· Proposal should be submitted to the Institute by 18.04.2025
together with availability for a 1 hour call to discuss the proposals in the week of 21.04.2025
· Target for notifying the successful tenderer by 02.05.2025
Project Deliverable
Timeline (time from the inception)
Outline and plan for the work
10 weeks
Desktop research raw data (summarized and structured way)
18 weeks
First draft with analysis result
22 weeks
Final draft with intro/recommendations, etc.
26 weeks
Legal:
· The Institute’s standard Legal Contract for commissioned research will be used
· The reports Intellectual property will belong to the Institute
· The Institute will have the right to publish the research under its own brand
· Attribution to the author(s) and their organisation will be given in the final report
· The Institute will retain editorial control over the reports content
· The authors should ensure the report contains no personal information, that any images included are licensed for their intended use and they have distribution rights for any third party references and data.
Institute’s use of the report and its content
The Institute would publish the report on its websites (English and Japanese). In addition to that, the Institute may want to use parts of the content or produce new content based on all or parts of the work presented in the report. That could be shared with other 3rd parties and could include, but would not be limited to:
· using charts and/or quotes in presentation prepared by the Institute
· using charts and/or quotes in presentation prepared by her FSI and MUTB/MUFG staff
· webinars to present and promote the findings of the report
· presenting and promoting the findings of the report at conferences
· publicizing the publication of the report with a press release
· preparing e-mail notifications to promote the paper
· writing blogs for our websites and/or articles for other media
· using charts/ quotes from the report for posts on our LinkedIn account or using other text/material that introduces and promotes the paper on LinkedIn
Investment advice and financial promotions
· The report must not include or be capable of being construed as investment advice.
· Ideally the report should not reference individual identifiable listed securities; explicitly or implicitly. Where this is unavoidable, any reference must be restricted to information in the public domain with appropriate citation.
· The report must not constitute a financial promotion. Consequently, any reference to FSI or MUFG products is prohibited
Other
· The report could follow a similar style to previous reports commissioned by the Institute, but other formats are also acceptable as our priority is to use the most suitable style that achieves clear, simple and easy to follow messaging and maximize the use of visuals, tables, lists.
· The report is intended for publication in the public domain
· Please specify in your proposal if you are able to provide us with a finished formatted report, following the Institute’s style and branding
· If the Institute retains responsibility for report design, the Institute will expect all visuals to be prepared and provided in a format that can be easily replicated by an external design/ typeset agency. This includes all necessary source data
· The Institute will expect collaboration on developing infographics/visuals, if such are deemed effective and in support of the report messaging
· The Institute will arrange for the report to be translated into Japanese for publication on the Japanese language version of the Institute’s website
Instructions:
Please submit a proposal by email to
[1] https://www.nature.com/articles/d41586-021-02287-y; https://www.iea.org/reports/global-methane-tracker-2024/understanding-methane-emissions#abstract
[2] https://www.globalmethanepledge.org/
[3]https://www.esa.int/Applications/Observing_the_Earth/The_2024_Global_Methane_Budget_reveals_alarming_trends
SII/FSI: RFP on Anthropogenic methane emissions – opportunities for investor action
SII/FSI: RFP on Anthropogenic methane emissions – opportunities for investor action
SII/FSI seeks a research provider to conduct research and produce a report outlining key sector-specific drivers of anthropogenic methane emissions and investor-relevant mitigation pathways.
.
.
This report will provide a high-level, investor-relevant analysis outlining the opportunities and challenges to methane mitigation in key contributing sectors, including:
- oil and gas
- coal mining (open-cut and underground)
- agriculture
- waste/landfills
[... and address ...] policy and regulatory frameworks; and identifying avenues for investor action.
.
Proposal guidelines:
In your proposal, please include the following information:
- Proposed research methodology
- The proposed scope of the research
- Proposed relevant publications to be used as literature review
- Proposed report structure
- Proposed timetable for execution of the project, including intended interaction with the Institute and report reviews. Please indicate the earliest project complication.
- Proposed fees and costs
- Short biographies or skills profile of the proposed team members
.
Proposed timelines:
- This RFP is issued on 26.03.2025
- Any questions or feedback regarding the brief should be submitted by 04.04.2025
- Answers to any questions will be provided by 11.04.2025
- Proposal should be submitted to the Institute by 18.04.2025 together with availability for a 1 hour call to discuss the proposals in the week of 21.04.2025
- Target for notifying the successful tenderer by 02.05.2025
WEF: Nature Positive: Role of the Automotive Sector
WEF: Nature Positive: Role of the Automotive Sector
The automotive sector plays a critical role in the transition to a nature-positive world. In 2023, global vehicle production reached 94 million, contributing 3% of global gross domestic product (GDP), and the sector is projected to grow rapidly at a rate of 6-7% annually until 2030.
This growth is fuelled by a growing global middle class, an expansion of emerging markets and a shift in consumer preferences towards sustainable mobility. The shift can be seen in the surge of electric vehicle (EV) sales from 1 million to 14 million per year between 2017 and 2023.
This progress is supported by governments across the world, with 43 countries collectively committed to accelerating the transition towards 100% zero-emissions vehicles. These goals have also been integrated into national policies in key markets, including the EU, the UK, Canada and the US, which aim to scale up zero-emissions vehicles and circularity.
Despite these efforts, the automotive sector still contributes to biodiversity loss through pollution, water use, land-use change and greenhouse gas (GHG) emissions across its entire
value chain – from material sourcing to vehicle manufacturing and end-of-life management.
This report summarizes the sector’s key impacts and dependencies on nature and sets out
priority actions that corporate leaders can take to transform their businesses.
MSCI ESG: What Could Shape Sustainability and Climate Investing in 2025? (Blog)
MSCI ESG: What Could Shape Sustainability and Climate Investing in 2025? (Blog)
(https://www.msci.com/www/blog-posts/what-could-shape-sustainability/05266596954)
7 mins read
Key findings
- Private market solutions: Investors looking to capitalize on the energy transition may look to private markets, where low-carbon-solutions companies have delivered 123% cumulative returns over five years.
- Climate adaptation opportunities: The risks from extreme weather are escalating. Companies offering climate adaptation and resilience solutions have not been trading at a valuation premium, suggesting underappreciated growth opportunities.
- Social risks rise: The growth of tech has increased investor exposure to social risks, both old and new. But almost half of the largest consumer-facing companies are not disclosing their approach to AI-related risks.
Robeco: Moving the needle? Six insights into SDG investing
Robeco: Moving the needle? Six insights into SDG investing
(https://www.robeco.com/en-int/insights/2024/12/moving-the-needle-six-insights-into-sdg-investing)
The UN’s Sustainable Development Goals have taken sustainable investing to the next level – but do they always add value that could not be found elsewhere? Robeco recently updated its proprietary SDG Framework with new research that answers this question.
Summary
- SDG scores are better at gauging impact than traditional ESG research
- It doesn’t cost returns and doesn’t have the biases of size or location
- SDG alignment can help avoid future scandals as well as decarbonizing portfolios
MSCI: In Person Event - Sustainability and Climate Trends to Watch
MSCI: In Person Event - Sustainability and Climate Trends to Watch
(https://events.msci.com/profile/web/index.cfm?PKWebId=0x155240001)
Date
December 3, 2024
Time
8:30 a.m. GMT London
Location
A&O Shearman,
One Bishops Square,
10th Floor,
London,
E1 6AD,
United Kingdom.
Overview
Join MSCI on Tuesday, December 3, for the launch of the MSCI Sustainability and Climate Trends to Watch for 2025. Get an exclusive preview of our annual trends report and hear insights from our Research team on the key sustainability and climate trends for the coming year. The event will also offer a morning of networking and inspiring conversations.
GIIN: State of the Market 2024: Trends, Performance and Allocations
GIIN: State of the Market 2024: Trends, Performance and Allocations
Highlights include:
- Steady growth in impact investing assets: At 14% CAGR over the past five years, there is continuous growth in the assets allocated to impact investing strategies. The dynamics between large and small investors are particularly intriguing, suggesting that investors are increasingly playing to their strengths — a sign of a maturing market.
- The rise of equity-like debt and public asset classes: Investors are leveraging the unique features of these asset classes to derive value, indicating a strategic shift in how capital is deployed.
- Satisfaction with financial performance despite unmet targets: Investors report high satisfaction with financial performance, even when targets are not met. This underscores the need to enhance data-sharing practices to better understand actual impact performance results. The GIIN’s impact performance benchmarks represent an important step in this direction, but there is much more work to be done.
- Key shifts in measurement and management of impact results: Investors are experiencing fragmentation in the choice of frameworks and metrics for measuring impact, a trend that is in keeping with past observations and, this year, is likely influenced by evolving regulatory environments. Despite this, over two-thirds of investors are incorporating impact criteria into their investment governance documents, signaling a significant shift towards formalizing impact considerations in decision-making processes.
Additionally, there is a growing trend among investors to subject their impact management processes to third-party verification. These developments are crucial for enhancing investor accountability and indicate a move towards more sophisticated measurement and management practices in impact investing
This report is part of the GIIN’s 2024 Market Intelligence Series, based on the 2024 Impact Investor Survey. It captures reliable data from 305 organizations across 39 countries.
Klement on Investing: ESG engagement actively reduces downside risks (Blog)
Klement on Investing: ESG engagement actively reduces downside risks (Blog)
I keep on banging the drum for investor engagement with corporations on ESG matters. I have written before that if investors team up in a syndicate, they have a better chance of changing corporate practices and that investor engagement on climate change-related topics tends to reduce the carbon intensity of targeted companies. But now, I have come across a study that shows that and how successful engagement directly reduces downside risk in the share price.
The authors of this study got privileged access to the corporate engagement records of a large UK institutional investor. This investor documented a total of 1,443 engagements with 485 companies worldwide between 2005 and April 2018. The plurality of these engagements happened with US firms (313) and UK firms (278).
What the researchers did was track the downside risk (measured as value at risk and lower partial moments) of the shares of these companies in the two years before and after the engagement started. Then they compared the companies that the investor engaged with a sample of control companies with no engagement, but similar business characteristics and downside share price risks.
So, what happened to share price downside risks after the investor started to engage in ESG issues?
Sustainable Fitch: Rising Physical Risks in Asia-Pacific May Encourage Climate Adaptation Bonds
Sustainable Fitch: Rising Physical Risks in Asia-Pacific May Encourage Climate Adaptation Bonds
Private capital finance climate adaption and resilience projects could play a greater role in the issuance of sustainable bonds if Asia-Pacific taxonomies can provide clear criteria around adaptation activities, Sustainable Fitch says in a new report. Up to now, supranationals and governments have been driving growth in adaptation financing, with the rising intensity and frequency of natural disasters in the region threatening global supply chains and resulting in economic losses.
Accela: Oil and Gas Majors’ 2024 AGMs: The low-carbon investment gap
Accela: Oil and Gas Majors’ 2024 AGMs: The low-carbon investment gap
(https://www.accelaresearch.com/research/agm2024sectorreport)
Accela’s annual pre-AGM in-depth on Global Oil and Gas Majors, assesses the achievability of and the investment needed to meet net carbon intensity targets.
This report launches Accela’s Transition League Table, a new framework to rank European major's oil and gas transition strategies, incorporating the most critical elements of transition performance.
In their latest analysis, they delve into the performance and ambition of the transition plans for 5 European and 2 Australian oil and gas majors.
Accela's analysis finds minimal progress in reducing net carbon intensity (declining on average ~4% on FY19-23) compared with targets of 15-20% (FY19-23), with European majors needing to deliver ~US$300 bn of investment between now and 2030 to meet existing targets.
GMO: Sustainability or Bust: The sheer impossibility of eternal compound growth
GMO: Sustainability or Bust: The sheer impossibility of eternal compound growth
(https://www.gmo.com/europe/research-library/sustainability-or-bust_viewpoints/)
GMO: Sustainability or Bust: The sheer impossibility of eternal compound growth
The blunt and unpleasant truth is that our civilization is already living beyond its means. We have overshot any possibility of a sustainable level. We are using up finite resources more quickly than technology is creating substitutes. We are crowding out nature and undermining its ability to provide us with hugely important services such as clean water, air, fertile land, biodiversity, and a generally healthy environment. In terms of the remaining “sugar” – energy and other natural resources – still available to our ongoing economic experiment in perpetual growth, we are beginning to notice increasing shortages and are feeling a little hungry. In the distance we can just about make out the rim of our petri dish.
This paper and the four follow-ups, parts 2 through 5, will establish what a severe battery of long-term issues are now upon us. In this sense, the long term has become now. Problems we felt we had a few years to worry about have quite suddenly caught up with us.
Given the rate at which our current environmental damage compounds and our safety margins narrow, we would seem to have about 100 to 150 years to solve our problem: the need to establish an economy that could be sustained indefinitely. If not solved by then, I believe we are highly unlikely to be able to maintain a stable enough society to ever solve these problems.
Cargill: 2023 ESG Report
Cargill: 2023 ESG Report
(https://www.cargill.com/sustainability/doc/1432249635993/2023-esg-report.pdf)
Cargill's latest ESG report details key areas of their activities, these include:
- Strategy
- Climate
- Land and water
- People
- Community Impact
- Ethics and Compliance
- Sustainability Supply Chains
Sustainable Fitch ESG Ratings Insights: Gender Diversity Metrics and Trends
Sustainable Fitch ESG Ratings Insights: Gender Diversity Metrics and Trends
In its latest report on ‘Gender Diversity Metrics and Trends’, Sustainable Fitch sheds light on the latest trends related to gender diversity and pay equity. Companies committed to diversity excel in environmental and governance practices Sustainable Fitch ESG Ratings data show. Financial institutions and companies in the EU score the highest on gender diversity. The energy, automotive and transportation sectors lag behind, as do companies in Asia and Latin America. While the banking and financial sectors lead in gender diversity, sectors such as energy, automotive, and transportation are yet to catch up.
Download the full report ESG Ratings Insights: Gender Diversity Metrics and Trends
This report is a deep-dive analysis of fixed-income sustainability trends derived from ESG Ratings that Sustainable Fitch assigned to entities and their labelled debt instruments. Underpinned by our extensive dataset, the reports offer unparalleled insights for fixed-income investors focusing on impact investing.
Robeco | Thematic equity outlook 2024: Reflecting on the year behind, anticipating the year ahead
Robeco | Thematic equity outlook 2024: Reflecting on the year behind, anticipating the year ahead
In 2023, while general markets experienced upswings, some segments saw declines. Depending on their focus, Robeco’s thematic investment strategies sat in both camps. Despite highs, lows, and plateaus our vision and focus on themes that address enduring problems remains intact. Here we offer some observations on 2023, armed with the wisdom of hindsight, as well as some foresight on the factors likely to impact thematic developments in 2024.
Summary
- Strong growth and resilience make tech the new ‘safe haven’ of stocks
- Sustainability focus give EU stocks strong upside potential in coming decade
- Given their high quality, pure themes are trading at a discount
Storebrand Asset Management: Sustainable Investment Review Q4 2023
Storebrand Asset Management: Sustainable Investment Review Q4 2023
Foreword
As is often the case, the fourth quarter was a busy one, with high levels of engagement activity with companies in our portfolio. These included a major working trip to Japan, where we conducted in person meetings with several of our portfolio companies. Some of the highlights and insights from the trip are shared an article in this report.
On the collaborative front, we participated in several major knowledge-sharing events, including the UN Principles for Responsible Investment (PRI) In Person conference in Tokyo, as well as the 12th United Nations Forum on Business and Human Rights in Geneva. We conducted significant amounts of activity within collaborated initiatives on a broad set of issues, such as the net zero transition, chemical pollution, biodiversity, deforestation, living wages and human rights in the tech industry, as described in several entries in the section of this report on active ownership.
The quarter was also marked by a significant amount of planned and unplanned engagement activity related to conflict in the Israeli-occupied Palestinian territories (OPT): Gaza where a major war broke out in October, as well as the West Bank which simultaneously experienced a surge in armed conflict.
As of the time of publishing this report, reports from the United Nations indicated that the conflict had led to the deaths of tens of thousands of Palestinians and more than a thousand Israelis. The vast majority of the dead have been ordinary citizens, including a staggering number of children. The UN describes a dire humanitarian situation for Gaza’s 2.2 million residents, with basic aid deprived and mass starvation “inevitable” amid Israel’s blockade of the territory. Overall, this is one of the deadliest chapters in a long-running conflict in the OPT, spanning several decades with no clear resolution in sight.
Managing the risk of involvement in violations of human rights in conflict and high-risk areas is an issue that Storebrand has worked on for many years now, regularly screening our portfolios and evaluating companies that could be contributing to conflict. As the most recent outbreak of armed conflict in the OPT flamed up, we were in the middle of our annual screening, engagement and exclusion process for this region. This process, which is detailed in this report, has resulted in an exclusion so far and remains ongoing.
Rabobank: The challenges in measuring sustainability data (Podcast)
Rabobank: The challenges in measuring sustainability data (Podcast)
Rabobank: The challenges in measuring sustainability data (Podcast
Sustainability is firmly on the food and agribusiness agenda. Companies in the sector are now moving from making a sustainability strategy to measuring and making changes in many aspects of the food system, but before making improvements, one has to establish a base. To discuss the challenges and opportunities, the team invited Hans de Gier, CEO of IT company SyncForce, to bring his perspective on measuring sustainability and data issues. One thing he is quite adamant about is that current measurements may not always be correct. A lot of improvements need to happen, and collaboration between actors in the chain might be the way forward.
Colgate's climate disclosures show a positive change
Colgate's climate disclosures show a positive change
(https://planet-tracker.org/colgates-climate-disclosures-show-a-positive-change/)
Colgate-Palmolive's (CL) climate transition plan has shown positive changes, as highlighted in an update by Planet Tracker that re-evaluates the company's sustainability efforts.
The new analysis focuses on the company's greenhouse gas (GHG) emissions evolution from 2018 to 2022 and considers the recent approval of new targets by the Science-Based Targets Initiative (SBTi) in 2022.
The overall assessment indicates that Colgate-Palmolive's ambitious targets to reduce Scope 1, 2, and Upstream Scope 3 emissions would align with a 2°C pathway. Despite positive steps taken by Colgate, concerns persist about the correlation between investments and emissions reduction, as well as the identification of transition and physical risks.
The company's acknowledgment of risks related to Carbon Pricing Mechanisms and Water Scarcity is welcomed, but until improvements are made public, Planet Tracker's assessment does not position Colgate-Palmolive in alignment with the 1.5°C target by 2030, despite its positive historical evolution.
In conclusion, the re-evaluation underscores the importance of ongoing communication and continual improvement in corporate sustainability efforts.
Research RFP: Forever Chemicals (PFAS)
Research RFP: Forever Chemicals (PFAS)
Commissioned by:
- Stewart Investors
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- To increase our understanding of the risks around forever chemicals, as it pertains to the companies in our portfolios.
- Identify companies in our portfolios that are most exposed to these risks and increase our understanding of the alternatives that are available.
- Identify any listed companies that are leading in providing solutions to this problem
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- Conduct primary and secondary research into c30 companies that we own across our portfolios and identify those that are most exposed to PFAS either by manufacturing them directly or through their supply chains
- Outline any alternatives that are available to these companies
- Identify any listed companies that are leading in providing solutions to this problem
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- No longer than 30 pages
- Too much jargon/assessment of global regulations
- A background on companies and their businesses
- Alternatives which are not economically viable or are difficult to scale
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- A focus on companies, not a general thematic piece of research examining the wider topic
- Stewart Investors will supply a focused list of companies we believe could be exposed (~29 companies)
- Alongside a longer list of ~200 companies as there may be more
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- Please submit a proposal by email to
This email address is being protected from spambots. You need JavaScript enabled to view it. on how you would conduct this research, over what timeframe and for what price. - In principle we support making your research report more widely available, however we reserve the right to prohibit, or place restrictions, on such circulation if we believe that is appropriate.
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- January 20th 2024
Swiss Sustainable Finance: The Role of Derivatives in Sustainable Investing
Swiss Sustainable Finance: The Role of Derivatives in Sustainable Investing
The Spotlight report "The Role of Derivatives in Sustainable Investing" identifies sustainability-related challenges linked to the use of derivatives in portfolios that follow sustainability objectives. It covers the use of derivatives in sustainable funds and mandates.
The key sustainability-related challenges identified in the report are linked to the following three client-relevant aspects: market signal and exposure to underlying assets, related ownership rights and transparency in reporting.
This report provides guidance for asset and wealth managers on how the use of such instruments can best be aligned with defined sustainability objectives and made more transparent.
Sustainable Fitch: Innovation, Co-Benefits, Localisation Key Trends for Sustainable Finance in 2024
Sustainable Fitch: Innovation, Co-Benefits, Localisation Key Trends for Sustainable Finance in 2024
Related Content: Sustainable Finance Outlook 2024
Sustainable Fitch-London/Toronto-07 December 2023: Product and framework innovations, social and nature co-benefits, local priorities in taxonomies and global standards in disclosures will be the key themes for 2024 in the sustainable finance market, Sustainable Fitch says in a new report. These will be against a broader backdrop of suspended uncertainty, due to numerous elections in major markets that can cause climate-related policy shifts and shifting economic conditions.
The first trend sees the sustainable finance fixed-income market expanding in 2024 with further innovation in labelled debt products and an increasing range of financed sectors. Despite adding complexity, this may channel more financing to emerging markets, often characterised by hard-to-abate sectors and fossil fuel dependence.
Localisation in sustainable finance is expected to increase, with strategies tailored to regional needs. This trend, largely aimed at expanding the market for transition activities, coincides with the global emphasis on aligned sustainability and climate-related disclosure requirements. An anticipated trend is the expansion of markets considering mandating the IFRS sustainability-related disclosure frameworks, launched by the ISSB in June 2023.
We think 2024 will see greater focus on social themes intersecting with environmental and nature-related concerns, such as food security and public health. Geopolitical tensions and extreme weather events will refocus attention on these issues. The impact of climate change on agricultural productivity will elevate food security on the sustainability agenda, while the first Health Day at COP 28 signals a shift in climate policy.
Lastly, the credibility of key performance indicators and sustainability performance targets in sustainability-linked loans will be under scrutiny in 2024. Investors will examine the robustness of these metrics, their alignment with broader company activities, and their potential for real environmental and social impacts. ESG integration in private markets will face similar credibility challenges, necessitating better borrower ESG disclosure to assess sustainability performance and credit risks.
‘Sustainable Finance Outlook 2024’ is available at sustainablefitch.com or by clicking the link above.
Green Money Journal: December 2023 - Women & Sustainable Investing
Green Money Journal: December 2023 - Women & Sustainable Investing
Green Money Journal: December 2023 - Women & Sustainable Investing
Welcome to GMJ's December 2023 issue on “Women and Sustainable Investing.” They have believed since the earliest days of GreenMoney back in 1992, that gender diversity, from entry-level to the C-Suite and the Boardroom, is a bottom-line issue affecting the competitiveness as well as the financial performance of companies. Basically, gender diversity should be a top priority for every company in its efforts to deliver long-term value to both shareholders and stakeholders.
The writers in this issue provide wide-ranging and relevant perspectives, they include: Joe Keefe of Impax Asset Management, who tells us why Investing in Gender Equity is Smart Investing; Claire Smith of Beyond Investing gives us her Female Perspective on Sustainable Investing; the Trillium Shareholder Advocacy Team shares their Investment Approach to Gender and Racial Diversity; and finally, Faina Rozental of Eventide takes us inside the Investor’s Role in Easing the Affordable Housing Crisis.
GMJ would like to acknowledge Suzanne Biegel, a global leader in Gender-Smart Investing, who sadly passed away in September. We were fortunate to have known Suzanne and to have her write one of her last articles for GreenMoney. To honor her, we’ve included that Dec 2022 article, Gender is an Untapped Opportunity for Climate-Smart Investors in this issue.
Also, you’ll find Sarah Bloom Raskin and Madison Condon asking Can Economists Design Hurricane Stress Tests? See Calvert Impact’s latest 2023 Impact Report and the new scorecard on U.S. Food Companies Trapped on the Pesticide Treadmill. And don’t miss our videos and podcasts this month as well.
Research RFP: First Sentier MUFG SII: PFAS - Forever Chemicals - Deadline approaching
Research RFP: First Sentier MUFG SII: PFAS - Forever Chemicals - Deadline approaching
Research RFP: First Sentier MUFG SII: PFAS - Forever Chemicals - Deadline approaching
First Sentier MUFG Sustainable Investment Institute has issued a Research Tender inviting proposals for research on the relevance and significance of PFAS chemicals and their impacts to the investor community, and propose potential avenues for action. The deadline for RFP submission is October 27th. For full details of the tender please see the link below.
Research RFP: Stewart Investors: Animal testing in global pharmaceutical companies
Research RFP: Stewart Investors: Animal testing in global pharmaceutical companies
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Research RFP: Stewart Investors: Animal testing in global pharmaceutical companies
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Stewart Investors has issued a Research Tender inviting proposals for research on the latest alternatives to animal testing that are available in the healthcare sector today.
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Purpose:
Stewart Investors would like to understand the barriers to their adoption and how companies can continue to reduce their use of animals. They would like a report to be developed which can be shared with companies and investors, to help push for further improvement in the industry.
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Requirements:
- Understand the latest alternatives to animal testing and the challenges for pharmaceutical and healthcare companies in adopting their use/reducing animal testing.
- Identify companies (not just those named) that are leading in reducing their use of animal testing – identify best practice.
- Include a half-page summary company focus list, highlighting areas of improvement they could consider.
- Create a short guide for investors on how to push for greater transparency and identify some key questions to ask companies.
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Scope-Companies:
A list of approximately 20 companies from across the globe to be provided by Stewart Investors.
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Closing date for application: Tuesday 14 November 2023.
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Full research brief
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Submit proposal
Please submit a proposal by email to
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Research RFP: First Sentier MUFG SII: PFAS - Forever Chemicals
Research RFP: First Sentier MUFG SII: PFAS - Forever Chemicals
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Research RFP: First Sentier MUFG Sustainable Investment Institute: PFAS - Forever Chemicals - A brief for investors
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First Sentier MUFG SII has issued a Research Tender inviting proposals for research on the relevance and significance of PFAS chemicals and their impacts to the investor community, and propose potential avenues for action.
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Purpose & Scope:
- The report will include an accessible definition of PFAS chemicals and their use, their prevalence across products, sectors and geographies, an overview of harmful impacts to the environment and human health and the related economic costs.
- The research will aim to provide a comprehensive summary of financial materiality of PFAS impacts, including regions and industries with particularly high exposures, existing and developing regulation, and litigation to date.
- The report will highlight existing and developing solutions that could minimise or mitigate the negative impacts of PFAS, and suggest the plan of action for investors wanting to engage on this topic.
- The report will be approximately 15 to 20 pages long.
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Proposed timelines:
- Any questions or feedback regarding the brief should be submitted by 20th October 2023
- Proposal should be submitted to the Institute by 27th October 2023 together with availability for a 1 hour call to discuss the proposals in the week of 30th October 2023.
===
Full research brief
===
Submit proposal
Please submit a proposal by email to
===
S&P Global: Renewable Energy Funding in 2023: A “Capital Transition” Unleashed
S&P Global: Renewable Energy Funding in 2023: A “Capital Transition” Unleashed
S&P Global: Renewable Energy Funding in 2023: A “Capital Transition” Unleashed
National governments and global financial institutions have placed capital allocation at the heart of their energy and industrial policies to accelerate and shape the energy transition. Governments are turning to capital markets because of the immense scale of investment expected to be needed in the coming decades.
It its estimated that current targets agreed to by the world’s major economies under the Paris Agreement would require at least tripling of global energy transition investment (including all decarbonization) to more than $5 trillion each year between 2023 and 2050, well beyond what government balance sheets can handle alone. Investment in renewable generating assets is a key part of the transition, with estimated annual investment of $1.4 trillion1 through 2050.
HSBC: Climate Investment Update Indonesia: Kick-starting carbon trading
HSBC: Climate Investment Update Indonesia: Kick-starting carbon trading
- Indonesia will launch an innovative cap-tax-and-trade system in 2025 that will expand on its recently implemented ETS
- Existing ETS only covers coal-fired plants connected to the national grid, with "captive plants" in industry a concern
- Lack of regulation on the use of coal in industry is a key decarbonisation risk for Indonesia, in our view
Clients of HSBC Global Research can access the full report via the HSBC Global Research website or by contacting Wai-Shin Chan
Uncertainties remain: The first phase of Indonesia's emission trading system (ETS) started in 1H23. Ninety-nine coal-fired plants with at least 100MW of generation capacity, all of which are directly connected to the power grids owned by the state utility Perusahaan Listrik Negara (PLN), are included in the first phase of the ETS. It is equivalent to 81.4% of the country's national power generation capacity.
A carbon exchange that facilitates emissions allowance trading finally launched on 26 September. However, details like the "banking" of allowances and how many carbon credits can be used to fulfil the compliance obligations are still unknown to the public.
Transitional Pathway Initiative: Carbon Performance assessment of aluminium producers: note on methodology
Transitional Pathway Initiative: Carbon Performance assessment of aluminium producers: note on methodology
Transitional Pathway Initiative: Carbon Performance assessment of aluminium producers: note on methodology
The TPI Centre is the academic partner of the Transition Pathway Initiative (TPI), a global initiative led by asset owners and supported by asset managers. As of April 2023, over 130 investors globally, representing more than US$50 trillion combined Assets Under Management and Advice, have pledged support for TPI. Using companies’ publicly disclosed data, the TPI Centre:
- Assesses the quality of companies’ governance and management of their carbon emissions and of risks and opportunities related to the low-carbon transition, in line with the recommendations of the Task Force on Climaterelated Financial Disclosures (TCFD).
- Assesses whether companies’ current and planned future emissions are aligned with international climate targets and national climate pledges, including those made as part of the Paris Agreement.
- Provides the data for the Climate Action 100+ Net Zero Company Benchmark.
- Publishes its methods and results online and fully open access at www.transitionpathwayinitiative.org and on GitHub.
Investors are encouraged to use the data, indicators and online tool to inform their investment research, decision making, engagement with companies, proxy voting and dialogue with fund managers and policy makers, bearing in mind the Disclaimer in section 6. Further details of how investors can use TPI assessments can be found on our website.
This note provides an overview of the latest methodology used by TPI in its assessment of the Carbon Performance of aluminium producers. This is the third update to our aluminium sector methodology, following previous publications in February 2019 and 2021.
Stewart Investors: Research Tenders - Governance of Charoen Pokphand Group / Lippo Group / SM Investments Group / TCC Group (Thailand)
Stewart Investors: Research Tenders - Governance of Charoen Pokphand Group / Lippo Group / SM Investments Group / TCC Group (Thailand)
- Detail any changes in ownership, control structure, key personnel or corporate governance culture at the listed and unlisted subsidiaries of the conglomerate.
- Identify and detail any concomitant changes in attitude to broader ESG/sustainability issues.
- Repetition or regurgitation of the corporate’s public statements (e.g. in their integrated or standalone sustainability/ESG reports) without evidence of action.
- UN SDG mapping.
- Carbon emission targets that are not scientifically evidenced.
- A background on companies and their business.
- Analyse the historic standards of corporate governance in the group, as defined by attitude to minority shareholders and broader stakeholders, reliance on political connections for business advantage, and willingness to compromise on best practice governance standards.
- Identify the direction of travel for the group's corporate governance over the last few years; we would like to know whether this is improving, deteriorating or static.
- What have been the last three governance issues with the group, when did these occur, and how egregious were they?
- Has the approach of the controlling shareholders changed since then? Evidence of this evolution is important.
- Has there been personnel changes within the controlling group that might have precipitated a change in governance standards?
- Have there been any concomitant changes in attitude to sustainability and ESG issues more broadly.
- Study ‘Rep Risk criticism’ of each group and evidence positive change resulting from these criticisms. (We can provide RRR).
- Identify any areas of sustainability/ESG performance in which the group and its subsidiaries are either leaders or laggards. Relevant topics may include but not be limited to labour practices, plastic packaging, emission standards, etc.
Stewart Investors: Research Tender - Assessment of Environmental Intensity in Cement Manufacturing
Stewart Investors: Research Tender - Assessment of Environmental Intensity in Cement Manufacturing
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Research 19 cement companies’ approach to reducing their environmental footprint.
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No more than a one-page summary on each company.
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Cement alternatives, which are not economically viable or are difficult to scale.
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A background on companies and their businesses.
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An assessment of the future of cement based on a survey of global regulatory approaches and emerging low-carbon alternatives, focussing on any regulatory changes that could adversely impact the cement industry (two pages max.)
-
Any changes to the cost of moving cement in the last few decades?
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Identify leaders and laggards in the cement industry (please refer to the company list below). Focus on carbon and water intensity in operations and direction of travel, capital allocation towards reducing future environmental impact, and the impact of carbon taxes on the P&L. A comparison / ranking table or summary would be favourable.
-
Feel free to add to this analysis any cement companies not listed below that demonstrate leadership.
-
Identify two companies looking to disrupt the cement industry at scale.
Oddo BHF: 2022 Shareholder Engagement Report
Oddo BHF: 2022 Shareholder Engagement Report
Oddo BHF: 2022 Shareholder Engagement Report
The latest shareholder engagement report details key activities in the past year including:
- ESG dialogue and engagement - 2022 assessment and statistics
- Engagement to promote progress, both individual and collective engagements
- Voting policy, statistics and analysis of opposing votes
Marks and Spencer group: Sustainability Report 2023 - Reshaping M&S
Marks and Spencer group: Sustainability Report 2023 - Reshaping M&S
Marks and Spencer group: Sustainability Report 2023 - Reshaping M&S
M&S's report covers the scope of their ESG programme, and provides additional detail on their approach to sustainable business. This report was published in June 2023 and covers our financial year from 3 April 2022 to 1 April 2023. Key areas of this report include:
- Environment, covering net zero, product sourcing, reducing waste and protecting resources as well as driving efficiencies
- Social, detailing animal welfare, ethical trade and people & communities
- Governance and ESG committee review
Zevin Asset Management: Investing with a Racial Equity Lens
Zevin Asset Management: Investing with a Racial Equity Lens
In 2020, as one of the founding members of the Racial Justice Investing Coalition, Zevin Asset Management helped craft the Investor Statement of Solidarity to Address Systemic Racism and committed to its calls to action to: engage and elevate Black voices in our investments and organization, reinvest in communities, and advance anti-racist private and public policies and behaviors.
This Impact Brief covers:
- Why invest with a racial equity lens, and why an intersectional approach matters
- Linking ESG research and active ownership - investing with a racial equity lens
- Public policy oversight and accountability
- Resources and stakeholder consultations
GIC, GMO, FTSE Russell: Weighted Average Green Revenue (WAGR): Integrating climate solutions into portfolio construction
GIC, GMO, FTSE Russell: Weighted Average Green Revenue (WAGR): Integrating climate solutions into portfolio construction
(https://www.gic.com.sg/wp-content/uploads/2023/06/GIC-ThinkSpace-Weighted-Average-Green-Revenue.pdf)
GIC, GMO, FTSE Russell: Weighted Average Green Revenue (WAGR): Integrating climate solutions into portfolio construction
- Weighted Average Green Revenue (WAGR) is a useful tool for investors to integrate climate solutions into portfolio construction as it's easier to interpret, directly links to companies' cash flows and real-world impact, and uses more readily available and comparable data.
- Investors can apply WAGR in different ways, including in climate reporting, target setting, thematic investing, and corporate engagement.
- As disclosures and taxonomies for WAGR and other green metrics evolve and mature, they can provide a comprehensive suite of indicators to measure a portfolio’s exposure to climate solutions.
Transitioning to a green net-zero economy requires climate solutions that enable the economy to decarbonise, such as renewable energy, electric vehicles, and recycling technologies. This also creates significant investment opportunities – companies providing climate and environmental solutions have been growing and outperforming the market over the last decade. The economics of climate solutions are making fossil-fuel-dependent assets less attractive from a financial point of view. These companies are likely to grow even more as economies progress on their net-zero goals.
There is an emerging toolbox for systematically identifying and managing portfolio exposure to climate-related investment opportunities. Different metrics are typically employed across investors and asset classes, such as dollar amount invested in green bonds for fixed income and renewable energy generation for infrastructure. These metrics, while helpful for measuring specific sectors or asset classes, are challenging for investors to use due to their lack of comparability.
To address challenges in measuring climate solutions exposure, this paper examines four metrics: green revenue, green capex, green patents and avoided emissions that are broadly applicable in a portfolio management context.
Each metric has its pros and cons but, altogether, they provide a comprehensive view of the available metrics to assess companies’ exposure to climate solutions.
This paper focuses on green revenue based on its benefits. Green revenue is easier to interpret, directly links to companies’ cash flows and real-world impact, and the data is more readily available and comparable.
Weighted Average Green Revenue (WAGR) are found to be the most promising metric currently for integrating climate solutions measurements into portfolio construction.
American Electric Power: 2023 Corporate Sustainability Report
American Electric Power: 2023 Corporate Sustainability Report
American Electric Power: 2023 Corporate Sustainability Report
American Electric Powers newest report titled " Delivery the power of opportunity" covers key areas including:
- Decarbonization, covering their clean energy strategy, just transition and electrification
- Environment, Social and People, with focus on biodiversity, waste management and diversity, equity and inclusion
- Governance, with details of political engagement and risk management
Research RFP: Stewart Investors: Industrial Circularity
Research RFP: Stewart Investors: Industrial Circularity
Purpose:
To identify global best practice in end-of-life planning for industrial goods and arm us to engage with companies on improving their approach.
Requirements:
- 10 page summary highlighting examples of global best practice.
- 1 page summary on each company named, highlighting the strength/weakness of their current approach to end-of-life planning for industrial goods and identifying productive areas in which we can engage them to improve.
Detours to be avoided:
- A background on companies and their businesses.
- A purely quantitative or theoretical approach. We hope to gain practical insights into how companies can improve their end-of-life planning for industrial goods.
- A focus on token end-of-life projects that are impossible to implement at scale.
Scope:
- We are looking to better understand what happens at the end of life for industrial goods (machinery, robotics, industrial computers, electric equipment, etc), and the current practice around designing for circularity/recycling/scrapping in different sectors and industries.
- Identify best practice from companies around the world (not just those named) in end-of-life planning (re-use/recycle/upcycle/designing for circularity/designing for efficient disposal) that we can hold up as examples.
- We’d like to understand how the companies below are positioned, and what the most productive areas for us to engage with them on end-of-life planning are.
List of companies for focus:
22 companies to be provided by Stewart Investors, covering:
China (2), Taiwan (2), Thailand (1), Japan (1), India (6), Brazil (1), US (3), Norway (1), Sweden (3), Switzerland (1), UK (1)
Tender specifics:
Please submit a proposal by email (maximum of two pages) to
Closing date for application
November 30th 2022
The State of Black Maternal Mortality: A Funding Crisis Addressing Power, Privilege and Policy
The State of Black Maternal Mortality: A Funding Crisis Addressing Power, Privilege and Policy
PRI: Consultancy RfP - Resourcing outcomes-focused stewardship
PRI: Consultancy RfP - Resourcing outcomes-focused stewardship
(https://www.unpri.org/download?ac=16639)
The PRI is seeking a consultant or a firm to write a report introducing a top-level calculation methodology and estimate for an appropriate level of resources that investors should be prepared to dedicate to outcomes focused stewardship.
Submit proposals by 16 September 2022, 6pm CET.
For more information: RFP - Resourcing for investor stewardship
ODDO BHF ESG Forum - 14th edition (Paris | 6 & 7 June 2019) - 27 large companies attend
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(
ODDO BHF ESG Forum - 14th edition (Paris | 6 & 7 June 2019) - 27 large companies attend
6 June
1. DASSAULT SYSTEMES
2. HAMMERSON
3. HEINEKEN
4. HENKEL
5. IBERDROLA
6. IMERYS
7. MERCIALYS
8. REPSOL
9. RWE (pm)
10. SECHE ENVIRONNEMENT
11. UMICORE
12. VINCI
13. VALEO
7 june :
1. AIR LIQUIDE
2. BOUYGUES
3. BUREAU VERITAS
4. GECINA
5. INTESA SANPAOLO
6. MERCK
7. NESTE
8. RWE (am)
9. SCHNEIDER ELECTRIC
10. SOLVAY
11. VALLOUREC
12. VEOLIA
The date must be confirmed for Suez, Unibail Rodamco and Nordex.
ODDO BHF ESG Forum - 14th edition (Paris | 6 & 7 June 2019)
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ODDO BHF ESG Forum - 14th edition - 6 and 7 June 2019 - Paris
21 companies confirmed:
- 1. AIR LIQUIDE
- 2. BOUYGUES
- 3. BUREAU VERITAS
- 4. DASSAULT SYSTEMES
- 5. HAMMERSON
- 6. HEINEKEN
- 7. IBERDROLA
- 8. IMERYS
- 9. MERCIALYS
- 10. MERCK
- 11. NESTE
- 12. NORDEX SE
- 13. REPSOL
- 14. RWE
- 15. SCHNEIDER ELECTRIC
- 16. SECHE ENVIRONNEMENT
- 17. SOLVAY
- 18. UMICORE
- 19. UNIBAIL-RODAMCO
- 20. VALLOUREC
- 21. VINCI
For any question, please contact:
ODDO-BHF Environment Forum - 7th and 8th of June - Deadline for registration
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Good morning,
The deadline for the registration to our 13th Environment forum (7th and 8th of June in Paris) is May 19, 2018. Contact :
Attending companies :
IBERDROLA / SCHNEIDER ELECTRIC / WORLDLINE / CRODA / SAP / VINCI / CRH / REPSOL / VEOLIA / CARREFOUR / ORSTED / VALLOUREC / CARGOTEC Oyj / NORDEX / VOLTALIA / BUREAU VERITAS / NEXITY / TOTAL / BOUYGUES / NESTE Oyj / SOPRA STERIA / ATOS / MICHELIN / SOLVAY / ASML / LEGRAND / SODEXO / AMADEUS / KINGFISHER / SIEMENS / AIR LIQUIDE / IMERYS / SECHE ENVIRONNEMENT
Best,
Valentin
ODDO BHF: 13th Environment Forum (Paris, 7th & 8th of June)
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ODDO BHF: 13th Environment Forum (Paris, 7th & 8th of June)
33 companies confirmed: Air Liquide, Amadeus, ASML, Atos, Bouygues, Bureau Veritas, Cargotec Oyj, Carrefour, CRH, Croda, Iberdrola, Imerys, Kingfisher, Legrand, Michelin, Neste Oyj, Nexity, Nordex, Orsted, Repsol, SAP, Schneider Electric, Seche Environnement, Siemens, Sodexo, Solvay, Sopra Steria, Total, Valeo, Vallourec, Veolia, Vinci and Wordline.
For more information, please contact
Oddo BHF: 12th Environment Forum (8th & 9th June 2017)
Oddo BHF: 12th Environment Forum (8th & 9th June 2017)
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Oddo BHF: 12th Environment Forum (8th & 9th June 2017)
Oddo BHF invites its asset manager clients to its 12th Environment Forum conference featuring meetings with the companies listed below.
View full invitation here | To participate or with questions, please contact Nicolas Jacob or Benoit Chastel
Participating companies:
- Accor
- ADP (Aeroport Du Paris)
- AkzoNobel
- Alstom
- ASML
- Bouygues
- Bureau Veritas
- Carrefour
- Continental
- Croda International
- Danone
- Dassault Systemes
- Energias de Portugal
- Gecina
- Hammerson
- Heineken
- Henkel KGaA
- Iberdrola
- Imerys
- L'Air Liquide
- Legrand
- Michelin
- National Grid
- Neste Oil
- Repsol
- Royal Dutch Shell
- Sanofi
- Schneider Electric
- Scor
- Seche Environnement
- Solvay
- Total
- Umicore
- Unibail-Rodamco
- Valeo
- Veolia Environnement
- Vinci







