Buzz: Transfer to editor

'ITC is one of India’s foremost private sector companies with a diversified presence in FMCG, Packaging, Paperboards & Specialty Papers, Agri-Business and Information Technology.' 

Summary here

'Overall, Mirova’s extensive engagement efforts provide the ability to leverage our expertise in many different sectors and encourage the adoption of strategies and policies in line with the UN Sustainable Development Goals (SDGs)'

Sustainability statement from p61

Data focus

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Key points:

• The scope 1 to 3 emissions framework is essential for measurement, but says little about how businesses actually drive or reduce carbon emissions.
• Influential sectors with small footprints – such as exchanges, rating agencies, social media and audit – can enable huge amounts of high-carbon activity.
• Companies providing real solutions risk being misjudged if investors focus excessively on their scope 1 to 3 numbers.

Extreme weather events are reshaping the investment landscape. How can investors protect portfolios—and communities—from the rising physical risks of climate change?

Physical climate risk is no longer theoretical—it’s here. Floods, fires, and black-rain events are increasing in frequency and intensity, with real financial consequences.

Simon Whistler outlines how investors are beginning to quantify and address these risks, yet highlights that fewer than one-third of PRI signatories currently report on physical climate risk metrics.

Calvin Lee Kwan shares how Link Asset Management has moved from reactive recovery to proactive resilience—reducing insurance premiums by 11.7% and strengthening investor confidence in the process.

Key Insights

• Advances in research tools and techniques have greatly enhanced the ability to view how DNA, RNA, and proteins move and interact.
• This deeper understanding of human biology is enabling new classes of medicines that can create better outcomes for patients.
• These new therapies can block the activity of harmful proteins more effectively than existing treatments or increase the production of beneficial ones.
• The largely binary outcomes for biotech stocks requires a deep understanding of both the clinical and commercial prospects of a company’s drug pipeline.

Watch Bryan Carter, Head of Emerging Markets Fixed Income, and Yakhara Sembene, Senior Industry Specialist at the International Finance Corporation (IFC), discuss how emerging markets companies that are actively pursuing sustainable practices have created an asset class capable of delivering attractive and diversified returns.

Key takeaways

• Weather-related events are a major financial risk for countries and companies, but their materiality is not well understood across financial institutions.
• We have developed an in-house physical risk screening and scoring system to assess country-level exposure.
• Granularity by location is needed, as it remains a challenge in assessing corporate exposure.
• Although some industries – eg, insurance – are using adaptation measures, there is a need to improve data and invest in adaptation infrastructure.

Q3 2025 marked a record high for global shareholder activism, with 61 campaigns launched, defying the typical summer slowdown and setting the stage for an active Q4.

Our Investment Banking Global Shareholder Advisory team’s Q3 Review of Shareholder Activism also sees major activists increasingly launching campaigns year-round and a heightened focus on board change.

The Emerging Markets Debt credit team makes annual visits to India, allowing us to monitor the country’s rapid development—by being present on the ground, witnessing visible changes, and listening to the sentiment expressed by residents and companies.

During our most recent tour, we observed remarkable progress in the country’s efforts toward its goal of Swarnim Bharat (a term embodying India’s ambition to become a more prosperous, self-reliant and thriving nation).

Conversations with local industry leaders and policymakers underscored a unified drive to achieve ambitious renewable energy targets and reduce dependence on imported fuels.

In our view, the scale and speed of infrastructure upgrades, digital transformation and green finance initiatives demonstrate India’s determination to integrate economic growth with sustainable development.

Effective measurement of progress toward net-zero alignment has never been more important to investors and companies that have adopted net-zero ambitions.

In line with the Paris Agreement on climate change, 2025 marks a key milestone in the pursuit of net zero, as many companies that have stated net-zero ambitions approach the first checkpoint for their emission reduction targets.

As additional data becomes available to capture the adoption of low-carbon technologies, investors that focus on this area have had to evolve their assessment methods. This evolution is necessary for them to better understand companies’ progress in aligning with a net-zero scenario. Despite these changes, one constant has remained:

There is no singular data point that can capture the nuance of how companies across sectors are approaching their net-zero goals.

Justin Patrie, Head of Credit Commentary & Research, and Sarah Repucci, Senior Director, Credit Commentary & Research, discuss emerging challenges for the AI-fueled US data center boom, covering investment, rising costs, impact on utilities and more (includes discussion of energy/renewables)