Trade unions
SRI investors are often heard to complain that ‘social issues are much harder to evaluate than environmental ones. It is therefore surprising that there is so little contact between SRI investors and the policy teams of trade unions who should be well able to advise on best-practice in company-employee relationships and human capital management. It is equally surprising that the contact that has taken place has often centred on the specific and controversial campaigns that SRI analysts are least able to deal with. (The exception is perhaps to be found in France where unions have engaged more actively in the development of SRI (notably through their shareholding in Vigeo)).
The SRI industry has not traditionally been one of the primary stakeholders or communications targets for trade unions (as their attention is more normally directed towards the political, commercial or civil spheres).
However, unions can be of great value to SRI investors that need to understand the employee and labour relations practice and trends. (While ‘mainstream’ investors receive considerable amounts of background research on issues and industries from sell-side analysts and specialist news providers, SRI analysts typically have to find this information themselves from other sources.)
Equally, unions can benefit from promoting discussion of their ideas and objectives within the investment sphere and receiving reciprocal feedback on how the sustainability factors that they analyse are received within capital markets.
At present, however, much of the onus lies on investors to identify the relevant unions and to find any appropriate research and/or experts. The unions themselves rarely consider SRI investors as an outlet for their research and do not tend to direct their research pro-actively at this community.
They can rarely justify the cost of maintaining their own SRI communications programme and therefore need to ensure that the engagement that they do undertake is as efficient and targeted as possible.
Advice on this is contained within our SRI-Dynamics paper:
- Engaging SRI: top tips - (coming soon) which outlines to industry outsiders how to shape and communicate social and environmental news and research in a way that maximises its value to the SRI industry
SRI-CONNECT wishes to encourage greater trade union participation within SRI – provided they are prepared to respect the purpose of the site:
- SRI-CONNECT operates as a space for trusted research collaboration between investors, companies and others
- Unions are welcome to contribute their research and ideas to the site and to participate in the debate
- Unions are not welcome to use the site as a weapon in a campaigning arsenal. In particular, they are reminded of the principle that “what goes on the site, stays on the site”. Information published on SRI-CONNECT can only be published outside the site with the express consent of the supplier of the information
Trade Unions are likely to use the following services from SRI-CONNECT:
Market Buzz & Research
- Raise the profile of their research and activities within the investment world and to engage with investors that share their interests
- Receive news, research and reports from companies, SRI research providers and others – also notifications of discussions, events and blogs – all filtered to their own specific interests
- Search the SRI-CONNECT database for research and reports
Directory, networks & discussion
- View the profiles and capabilities of other market participants
- Present themselves and their investment relevant activities clearly to the SRI marketplace
- Discuss issues of mutual interest with investors, analysts and companies
- Build and manage their own SRI network via the groups, events and messaging functions
SRI Dynamics discussion papers
- Engaging SRI: top tips - (coming soon) which outlines to industry outsiders how to shape and communicate social and environmental news and research in a way that maximises its value to the SRI industry
===
Build profile, distribute research, share ideas
Trade unions can:
- Use Market Buzz to raise the profile of their research and share their opinions with investors and analysts (About Market Buzz | Post research & reports)
- Use the Directory to highlight their organisational and individual capabilities and interests (About Directory | Update your organisation's profile | Update your personal profile)
- Advertise events (About Events | All events)
- Monitor the developing profile of their firm and research with sustainable investment industry
- Response to requests for research made via the Research Marketplace
Learn & interact
Trade unions can:
- Receive research that matches their areas of focus (About Market Buzz | View the latest buzz)
- Learn about the dynamics of the sustainable investment industry (SRI Primer | Ecology of SRI | Trends & opinion)
- Join discussions (All Discussion Groups)
- Make connections & send messages
Other
... and like all members of the network, they can:
- Careers, skills & jobs: Employ others and develop their own skills & careers
- People & networks: Network with, follow and engage with others
Note
These special conditions govern the access of NGOs to SRI-Connect
Individuals 50 of 5,624 results
Organisations 50 of 7,785 results
Buzzes 50 of 15,011 results
TPI Centre: "Net Zero Strategies: From commitments to accountability in the real economy"
TPI Centre: "Net Zero Strategies: From commitments to accountability in the real economy"
(https://www.tickettailor.com/events/tpiglobalclimatetransitioncentreatlse/2212316)
- Date: Tuesday 23 June 2026
- Time: 18.30 – 20.00 British Summer Time
- Venue: Malaysia Auditorium, Centre Building at LSE, WC2A 2AE
- How to attend:
Confirmed speakers include:
- Vanessa Havard-Williams OBE, Member, UK Transition Finance Council and Chair, UK Finance Market Review
- Kate McGrath, Head of ESG, Fixed Income, Aberdeen
- Peter Metcalfe, Executive Committee Member, Ipieca
- Alireza Modirzadeh, Research Project Lead, TPI Centre at LSE
- Chair and moderator: Carmen Nuzzo, Professor in Practice and Executive Director, TPI Centre at LSE
We look forward to welcoming you in person or online.
Aberdeen: Real estate: how can we reframe social value?
Aberdeen: Real estate: how can we reframe social value?
In real estate, social value refers to the positive outcomes a building or place creates for people and communities. This could be improved wellbeing, access to services and jobs, inclusion, safety, and stronger local connections.
As investors navigate widening socio-economic inequalities, shifting tenant expectations and heightened scrutiny from stakeholders, the question is no longer whether social value matters. The real question is can it be delivered in a way that’s both meaningful and investable?
BlackRock: Investment Stewardship Annual Report 2025 (plus Climate Report 2025)
BlackRock: Investment Stewardship Annual Report 2025 (plus Climate Report 2025)
This report covers BlackRock Investment Stewardship’s (BIS) activities from January 1 through December 31, 2025. BlackRock’s stewardship policies are developed and implemented separately by two independent, specialist teams, BIS and BlackRock Active Investment Stewardship (BAIS). While the two teams operate independently, their general approach is grounded in widely recognized norms of corporate governance and shareholder rights and responsibilities.
Climate report 2025 here
EDF: 2025 Universal Registration Document / Annual Financial Report
EDF: 2025 Universal Registration Document / Annual Financial Report
(https://www.edf.fr/sites/groupe/files/2026-04/2026-04-02-urd-edf-2025-en.pdf)
Published: 31 March / 2 April 2026
Summary: EDF’s integrated filing includes sustainability information, governance reporting, vigilance plan disclosures and sustainability assurance. Strong focus on nuclear generation, decarbonisation and European energy security.
RWE: Combined Review on Non-financial Matters 2025
RWE: Combined Review on Non-financial Matters 2025
(https://www.rwe.com/en/responsibility-and-sustainability/sustainability-report/)
Published: March 2026
Summary: RWE’s sustainability reporting covers renewable expansion, coal phase-out progress, emissions reduction and supply-chain due diligence. Integrated into the group’s broader annual reporting framework under evolving EU sustainability standards.
Veolia: 2025 Universal Registration Document
Veolia: 2025 Universal Registration Document
(https://www.veolia.com/sites/g/files/dvc4206/files/document/2026/03/Finance_Veolia_URD_2025_en.pdf)
Published: 27 March 2026
Summary: Integrated annual and sustainability reporting covering water, waste, recycling and energy transition activities. Includes detailed climate, biodiversity, circular economy and social performance disclosures alongside audited sustainability information.
HSBC: Gamechangers: The next stage of AI’s impact on the economy
HSBC: Gamechangers: The next stage of AI’s impact on the economy
(https://www.business.hsbc.com/en-gb/insights/gamechangers-the-next-stage)
Almost every economics presentation or meeting over the past few years has had to include a mention or a question about AI – and rightly so. The impact of the technology on the economy has both been meaningful already and is set to increase in the coming years.
We’ve seen impacts on growth in the US via software investment and data centres, a boom in Taiwanese exports, and financial markets dominated by the winners and losers of AI. But beyond the initial buildout, the second-round macro impacts in most of the world have been pretty small so far. We haven’t seen mass layoffs. We haven’t seen productivity spike. We haven’t seen our day-to-day lives transformed by AI quite yet.
HSBC: Future transport: Ignore consumer preference at your peril
HSBC: Future transport: Ignore consumer preference at your peril
The transport sector is making some progress on decarbonisation, but it is slow and the outlook is tough. According to the UN, the sector accounts for roughly one-quarter of global greenhouse gas emissions. Making transport clean(er) remains the central tenet of the industry.
RMI: Tracking the Growth of Wind and Solar in Rural America
RMI: Tracking the Growth of Wind and Solar in Rural America
(https://rmi.org/tracking-the-growth-of-wind-and-solar-in-rural-america/)
In some of America's biggest agricultural states, wind and solar revenues are approaching those from corn, soy, and other major commodities.
American farmers have long diversified their income by leasing land for energy infrastructure, and over the past 15 years, utility-scale wind and solar have become meaningful sources of revenue. RMI analysis finds that revenue from rural solar and wind energy has become significant in some states, and at the national level is approaching the scale of major agricultural commodities.
RMI: Harnessing Green Demand to Drive Sustainable Chemicals Production
RMI: Harnessing Green Demand to Drive Sustainable Chemicals Production
(https://rmi.org/harnessing-green-demand-to-drive-sustainable-chemicals-production/)
Chemicals play a critical, though often overlooked, role in modern society. They provide many of the key building blocks for the construction industry, support agriculture by increasing crop yields, and offer novel materials for a range of products from automobiles to new energy technologies. In fact, chemicals are everywhere, present in 96% of manufactured goods, including 75% of the energy technologies that will be needed to navigate the energy transition.
RMI: Tackling the World’s Surging Cooling Demand
RMI: Tackling the World’s Surging Cooling Demand
(https://rmi.org/tackling-the-worlds-surging-cooling-demand/)
Between now and 2030, the increase in electricity demand for air conditioning systems alone will exceed that for data centers, one of the fastest-growing energy uses globally. By 2050, cooling electricity demand is expected to match the combined annual electricity consumption of the United States, China, India, Germany, and Japan today. Yet, cooling hasn’t made it to the top of energy transition conversations and receives far less attention than is needed.
RMI: How Weather Changes EV Charging Demand
RMI: How Weather Changes EV Charging Demand
(https://rmi.org/how-weather-changes-ev-charging-demand/)
As spring weather arrives, drivers in electric vehicles (EVs) may notice that their cars are going farther between charges. They aren’t imagining things — like all vehicles, EVs operate more efficiently in temperate weather. To help grid planners and regulators better account for these seasonal effects, RMI is releasing a set of new scenarios in our GridUp EV load forecasting tool to showcase how changes in temperature can affect EV charging demand throughout the year.
RMI: Four Actions to Take EVs into the Mass Adoption Phase
RMI: Four Actions to Take EVs into the Mass Adoption Phase
(https://rmi.org/four-actions-to-take-evs-into-the-mass-adoption-phase/)
A new report from the UK-based nonprofit organization Centre for Net Zero, to which RMI contributed, considers the next phase of the global electric vehicle (EV) transition: mass adoption. This phase comes after years of targeted policy support, falling battery costs, and expanding global supply chains. It represents the steep part of the “S-curve” of technology adoption and is characterized by rapid cost reductions, improvements in quality, and stiffening competition.
BloombergNEF: Energy Transition Investment Trends
BloombergNEF: Energy Transition Investment Trends
(https://about.bnef.com/insights/finance/energy-transition-investment-trends/#overview)
BNEF tracks investment in the global energy transition, covering everything from renewables and nuclear to electrified transport and heat, hydrogen, carbon capture and sustainable materials. Explore the latest trends in our 2026 edition.
BloombergNEF: ClimateScope2025
BloombergNEF: ClimateScope2025
(https://www.global-climatescope.org/)
"Climatescope is an online market assessment tool, report and index that evaluates individual emerging markets' readiness to put energy transition investment to work."
RBC GAM: What's ahead for responsible investment in 2026
RBC GAM: What's ahead for responsible investment in 2026
(https://www.rbcgam.com/en/ca/article/whats-ahead-for-responsible-investment-in-2026/detail)
At RBC Global Asset Management (RBC GAM), we continually monitor the responsible investment (RI) landscape to refine our perspectives and ensure we remain well positioned to act in the best interests of our clients. Looking ahead, we have identified six themes likely to shape the RI environment in the coming year. These themes collectively reflect a complex and dynamic backdrop characterized by rapid technological advancement and deepening social and political divides, with the potential to present material risks and opportunities across the portfolios we manage.
RBC GAM: Tech Talk | AI & ROI, memory and oral GLP-1s (podcast)
RBC GAM: Tech Talk | AI & ROI, memory and oral GLP-1s (podcast)
(https://www.rbcgam.com/en/ca/article/tech-talk-ai-roi-memory-and-oral-glp-1s/detail)
Join Jordan Wong, Marcelo Montanari and Rob Cavallo as they discuss Anthropic's unprecedented revenue growth, driven by their Claude Code developer tool. The team also explores Meta's AI model comeback, the memory market rollercoaster, and Eli Lilly's new oral obesity drug approval competing with Novo Nordisk. This episode highlights how early AI revenue growth is supporting massive infrastructure investments while healthcare innovation continues with more accessible treatment options.
Federated Hermes: Public Engagement Report Q1 2026
Federated Hermes: Public Engagement Report Q1 2026
The Q1 Public Engagement Report from EOS at Federated Hermes Limited explores how Asian companies are improving access to independent directors for investors, ways to mitigate AI risks to children, and efficiency challenges for the aviation sector.
Federated Hermes: Sustainable Global Equity: Where does a longer-term strategy see opportunity? (Video)
Federated Hermes: Sustainable Global Equity: Where does a longer-term strategy see opportunity? (Video)
With markets pulled in multiple directions in 2026, looking beyond near-term noise is uncovering compelling opportunities in emerging markets, capital-intensive firms and commodity exposed names, says our Sustainable Global Equity team in a new video.
Greenbank: Sustainability update April 2026
Greenbank: Sustainability update April 2026
Exploring the intersection of climate risk, environmental protection and social resilience, new evidence points to mounting threats to the Gulf Stream, gaps in marine conservation, emerging pay gap reporting requirements, and continued declines in global freedoms, underscoring why these trends matter for long‑term outcomes.
Greenbank: Engagement Review 2025-26
Greenbank: Engagement Review 2025-26
(https://www.greenbankinvestments.com/knowledge-and-insight/greenbank-engagement-review-2025-26)
Our annual engagement review provides an opportunity to reflect on the past year and share the impact our engagement has helped create, as well as to outline our focus areas as we continue our work in 2026.
CBI: Rapid Transition to Energy Sovereignty
CBI: Rapid Transition to Energy Sovereignty
(https://www.climatebonds.net/data-insights/publications/rapid-transition-energy-sovereignty)
With oil and gas markets rattled by conflict in the Middle East, Europe’s energy exposure is back in focus. The closure of the Strait of Hormuz has shown that disruption to supply is becoming more likely against today’s geopolitical backdrop. Europe must act decisively to ensure long-term energy sovereignty. Accelerating the transition to clean energy is the clearest path to this.
Our latest report finds that the European Union remains heavily dependent on imported fossil fuels from high-risk trading partners who have shown their willingness to abuse their trading power. This leaves the EU vulnerable to price shocks and geopolitical pressure despite the move away from Russian gas.
Wellington: Putting long-term investing into context (stewardship)
Wellington: Putting long-term investing into context (stewardship)
(https://www.wellington.com/en/insights/putting-long-term-investing-into-context)
Editor's note - this article focuses on stewardship
In the current environment of heightened uncertainty, the market’s attention is directed more than ever towards the short term, be it the latest advance in AI or yet another geopolitical headline. While there is undoubtedly opportunity for investors who can skillfully exploit the associated short-term volatility, we think having a long-term orientated approach has become more valuable in this sentiment-driven market cycle....
Wellington: Yes, climate change (still) matters in private markets
Wellington: Yes, climate change (still) matters in private markets
(https://www.wellington.com/en/insights/climate-change-private-equity)
How do climate-related risks and opportunities intersect with corporate strategy?
"We believe the risks and opportunities associated with climate change (both the energy transition and the worsening events exacerbated by climate change) should be evaluated through the lens of financial materiality. The resulting prominence within corporate strategy will naturally differ by industry and business model...."
ARE: Forging Ahead: Pathways to Green Steel for India
ARE: Forging Ahead: Pathways to Green Steel for India
India cannot build its next phase of economic growth without steel. But it cannot sustain that growth and meet its long-term climate goals unless it changes how that steel is produced.
In Forging Ahead: Pathways to Green Steel for India, Asia Research & Engagement (ARE) examines one of the hardest questions in India’s net-zero transition: how can the country scale steel production while reducing emissions from one of its most carbon-intensive industries?
The report details decarbonisation roadmaps for India’s steel sector and assesses transition progress at four of the country’s largest producers: Tata Steel, JSW Steel, Jindal Steel, and Jindal Stainless.
Why This Matters
India’s steel sector sits at the intersection of the country’s growth ambitions and its climate commitments. The scale of the challenge is significant:
- India’s crude steel capacity is targeted to reach 300 million tonnes by 2030–31, a 67% increase from 179.5 million tonnes in 2023–24.
- This expansion will require an estimated USD105 billion (INR 10 lakh crore) in investment.
- The industry emitted 297 million tonnes of CO₂ in 2021–22, at an average intensity of 2.36 tCO₂ per tonne of crude steel.
- India’s steel emissions intensity is around 28% higher than the global industry average of 1.85 tCO₂ per tonne.
Without decisive and rapid action, the industry risks locking in high emissions for decades to come. If India is to achieve its aim of becoming a global leader in green steel, producers must move beyond ambition and target-setting into an era of accountability and validation.
Key Findings
ARE’s analysis reveals a significant gap between companies advancing clear decarbonisation strategies and those still primarily expanding conventional capacity.
- Tata Steel has the clearest route-shift logic, particularly in Europe, with visible progress on electric arc furnace (EAF) deployment, hydrogen pilots, and emissions disclosure — but still needs to make its India transition capex and plant-level milestones more visible.
- JSW Steel shows strong execution on renewables, certification, and low-emissions positioning, but its capital expenditure profile remains heavily tied to integrated capacity expansion.
- Jindal Steel has visible building blocks around renewables, hydrogen, and efficiency but needs clearer sequencing, from intensity reduction to deeper structural decarbonisation.
- Jindal Stainless starts from a structurally stronger position due to its EAF- and scrap-linked stainless production route, making near-term decarbonisation more directly responsive to clean electricity and renewable procurement — though this reflects in-built product-mix differences rather than a like-for-like sector transition.
- The transition is moving beyond targets into delivery. The next phase will be determined not by long-term net-zero targets but by whether companies can deliver bankable, plant-level pathways that reduce emissions intensity while scaling production.
About the Report
Forging Ahead assesses India’s four steel majors across five lenses: route reality, capital expenditure alignment, near-term execution, enabler dependence, and disclosure.
The report argues that credible transition pathways require clear production route choices, capital allocation aligned with lower-emissions production, time-bound implementation milestones, and robust Measurement, Reporting, and Verification systems capable of meeting regulatory and market requirements.
These dynamics are being reinforced by policy. India’s Green Steel Taxonomy creates a measurable benchmark for emissions performance, distinguishing credible green production from vague sustainability claims. In parallel, the European Union’s Carbon Border Adjustment Mechanism is making plant-level, verifiable carbon accounting a commercial requirement for exporters.
The report is produced by ARE, an independent research and engagement organisation that brings leading investors into dialogue with Asian-listed companies on sustainable development. Forging Ahead was authored by Arun Kumar (Strategic Advisor – Power Markets & Technology Innovation) and Arshiya Bhutani (Engagement & Research Manager).
Recommendations
The report’s core message is that the next phase of India’s green steel transition will be decided by bankable delivery, not targets. To lead the transition, producers and policymakers should focus on:
Making credible production route choices. Companies should articulate clear route-shift strategies and invest in enabling systems such as clean power and scrap, rather than remaining anchored to conventional blast-furnace expansion.
Aligning capital expenditure with lower-emissions production. Transition-linked capex, clean electricity procurement, and scrap and input strategies are prerequisites for credible decarbonisation at scale.
Setting time-bound execution milestones. Plant-level pathways with clear sequencing — from emissions intensity reduction to deeper structural decarbonisation — are essential to demonstrate progress.
Strengthening Measurement, Reporting, and Verification (MRV). Robust MRV systems capable of withstanding regulatory and market scrutiny are increasingly a commercial requirement, not just a disclosure exercise.
For policymakers, the next step is to build demand through procurement standards and certification frameworks. For buyers — particularly in infrastructure and public projects — early demand signals can play a key role in scaling lower-emission steel production.
Download the full Forging Ahead: Pathways to Green Steel for India report for the complete company assessments, decarbonisation roadmaps, and detailed analysis of India’s green steel transition.
ARE: India's energy transition is moving from target-setting to delivery (Wbr - End of May)
ARE: India's energy transition is moving from target-setting to delivery (Wbr - End of May)
For investors and lenders, the question is no longer whether companies have net-zero commitments but whether those commitments are backed by capital allocation, project execution, and credible technology pathways.
In an upcoming webinar, Asia Research & Engagement (ARE) will present its analysis of two industries that are critical to India’s transition: power and steel.
Our analysis will draw on two recent publications:
· ARE's Indian power sector scorecard
· ARE's Net Zero Steel assessment of Indian steel majors
The discussion will be led by Arun Kumar Singh, Strategic Advisor – Power Markets and Technology Innovation at ARE, and cover four connected themes:
· Power sector corporate performance
· Electricity market pricing signals
· Steel sector transition credibility
· CBAM-related risks for Indian steel exporters
Why join?
· Company-level insights into the credibility of transition pathways across India's power and steel sectors
· Where capital is being deployed — and where delivery risks remain
· Practical questions investors and lenders can ask companies on capex, execution, storage, emissions disclosure, and CBAM preparedness
Session 1: Wednesday, 27 May, 1:30 pm IST
Session 2: Thursday, 28 May, 9:30 am IST
Canbury: Governing AI: From Commitment to Consequence
Canbury: Governing AI: From Commitment to Consequence
(https://proxypro.substack.com/p/governing-ai-from-commitment-to-consequence)
Alphabet and Meta face multiple shareholder proposals on their AI oversight, following significant regulatory fines and a lost social media addiction lawsuit.
The proposals seek better AI governance to address financial risks. With Canbury’s 4C framework, we consider a company’s Commitment and Capability to tell what it aspires to do and whether it has built the apparatus to act. Conduct and Consequence tell us whether its oversight is working.
The challenge for investors (and boards) is distinguishing the companies that have committed to governing AI well from those that are actually doing it. Given AI’s potential to disrupt operations and business models, shareholders want to know who is prepared.
FIR: ESG dialogues between companies and investors
FIR: ESG dialogues between companies and investors
(https://www.frenchsif.org/isr_esg/wp-content/uploads/Summary_ESG_workshops.pdf)
FIR publishes the results of several months of discussions
The FIR publishes a summary of its ESG workshops between companies and investors, held between March and September 2025 with eight SBF 120-listed companies (Bouygues, Carrefour, Engie, Kering, Orange, Rubis, Veolia, Wavestone) and several investors (including Candriam, Crédit Mutuel AM, ERAFP, Generali AM, LFDE, Rothschild & Co AM, Sycomore AM).
All convinced of the importance of high-quality engagement, these investors are committed to promoting best market practices. The meetings, organised in pairs of companies and held under Chatham House rules, opened a constructive discussion space to improve engagement practices on ESG topics.
TPI Centre: Banking tool: research update
TPI Centre: Banking tool: research update
This research update provides a list of assessed banks, methodology enhancements and the process and timeline for 2026.
TPI Centre Commentary: Making sense of climate solutions to help finance the low-carbon transition
TPI Centre Commentary: Making sense of climate solutions to help finance the low-carbon transition
(https://www.transitionpathwayinitiative.org/publications/167/show_news_article)
Understanding exactly what constitutes a climate solution is challenging with definitions diverging across frameworks and jurisdictions. This has important implications for investors seeking to allocate climate capital to finance the low-carbon transition, write Algirdas Brochard, Shafaq Ashraf, Ella Davies, Ákos Hajagos-Tóth, Valentin Jahn and Seyed Alireza Modirzadeh.
This commentary complements the TPI Centre's public lecture, Investable transition opportunities: what counts as a climate solution?, on 14 May available in person and online. The recording is available on the website now.
Bloomberg Intelligence: Credit Crunch: Saturna's Drum on Sukuk Growth, Geopolitical Risk
Bloomberg Intelligence: Credit Crunch: Saturna's Drum on Sukuk Growth, Geopolitical Risk
Bloomberg Intelligence’s FICC Focus podcast series, Credit Crunch, featured Patrick Drum, portfolio manager of the Amana Participation Fund, on April 20, 2026, discussing the sukuk market.
The episode is titled Credit Crunch: Saturna’s Drum on Sukuk Growth, Geopolitical Risk
Saturna: GCC Sukuk: A Primer [4th Edition]
Saturna: GCC Sukuk: A Primer [4th Edition]
(https://www.saturna.com/insights/thought-leadership/gcc-sukuk-primer-4th-edition)
This white paper aims to educate investors about the U.S. dollar sukuk market, an asset class that remains largely unfamiliar to many investors yet has demonstrated some of the highest risk-adjusted returns across multiple time periods among developed- and emerging-market fixed-income benchmarks.
U.S. dollar sukuk are income-producing securities that comply with Shariah principles.
This primer provides a comprehensive overview of the investment characteristics and market landscape of U.S. dollar sukuk, including an analysis of their return, risk, and correlation profile, while also explaining some of the factors that contribute to their stability and resilience.
Federated Hermes: EOS 2025 Annual Review
Federated Hermes: EOS 2025 Annual Review
(https://www.hermes-investment.com/uk/en/institutions/eos-insight/stewardship/eos-2025-annual-review/)
EOS at Federated Hermes Limited publishes 2025 Annual Review, with full engagement and voting highlights.
Federated Hermes: Meeting the stewardship goals of universal owners
Federated Hermes: Meeting the stewardship goals of universal owners
In 2026, investor stewardship will need to increasingly focus on systemic economic risks and opportunities alongside the financial performance of individual investments. Universal owners are widely invested in the economy, with long-term investment horizons, so absolute returns matter. Indeed, it’s arguable that the performance of the benchmark can be of greater value than relative returns.
With this in mind, we believe that stewardship needs to extend beyond engagement with companies to include policy and market best practice engagement, to help address systemic risks. When carried out effectively, this will provide the policy and industry environment in which companies can grasp the opportunities that new market trends afford. This will help to preserve long-term value for our clients, and their beneficiaries.
Federated Hermes: Biotechs and the potential AI advantage
Federated Hermes: Biotechs and the potential AI advantage
The explosive growth of artificial intelligence (AI) has presented investors with both extraordinary opportunity and material risk since it burst onto the mainstream in the early 2020s.
It has streamlined workflows, automated tasks and, in many cases, posed a direct threat to entire industries and workforces. But, for those looking to actively participate in the AI revolution while still protecting portfolios from its power of “creative destruction,” we believe there is one sector that sits in a genuinely unique position: health care – and biotech in particular.
Unlike other industries facing displacement, biotech is being amplified by AI, not replaced by it. In our view, AI‑driven innovation, the sector’s defensive characteristics, and rate‑sensitive upside places biotech at the center of a compelling opportunity that lets investors play both offense and defense.
Generation IM: How Physical World AI Could Reshape our Economy
Generation IM: How Physical World AI Could Reshape our Economy
At a glance:
- Over $34 billion of private capital flowed into robotics-related companies in 2025 – more than twice that of 2024.1 Yet some of the best-funded companies are still in the early stages of commercialisation, with scaled deployments years away.
- Physical world foundation models, which include both vision language action and world models, are emerging as the next frontier of artificial intelligence, but data remains a critical bottleneck.
- We see investment opportunities in robotic hardware and the software ‘picks and shovels’ of physical AI, including companies providing data, testing infrastructure and simulation tools.
Generation IM: Stewardship Report 2025
Generation IM: Stewardship Report 2025
In this report we outline the ways in which, in the most recent calendar year, we have implemented the principles of the UK Stewardship Code as signatories.
AW ESG: ESG Is Not Disappearing — It’s Becoming A Financial Eco-System
AW ESG: ESG Is Not Disappearing — It’s Becoming A Financial Eco-System
A New Paradigm
In many respects, ESG does not appear to be shrinking at all. Instead, it may be evolving from a thematic investment trend into something much more deeply embedded within mainstream finance and corporate operations.
For anyone following headlines around ESG over the past two years, the narrative can sometimes feel contradictory. Political backlash in parts of the US, fund outflows from some labelled ESG products, and a visible retreat from explicit “ESG” branding have all contributed to a perception that the sustainability market may be slowing down. Yet for many professionals working in and around the sector, the lived experience feels very different. The volume of reports, commentary, data products, conferences, hiring activity and specialist services continues to grow at an extraordinary pace.
The ESG Ecosystem Is Expanding
One of the clearest signs of this is the sheer expansion of the surrounding ecosystem. Five years ago, the market for sustainability-related services was relatively narrow. Today there are hundreds of firms focused on climate analytics, carbon accounting, biodiversity data, supply-chain monitoring, transition finance, ESG software, reporting automation and regulatory compliance. Artificial intelligence is accelerating this trend further, with a growing number of providers offering AI-enabled CSRD mapping, sustainability data extraction, disclosure drafting and ESG research tools.
At the same time, sustainability responsibilities are increasingly being integrated into core business functions rather than sitting inside standalone ESG teams. Climate and sustainability reporting now routinely appear inside annual reports and financial filings. Banks are embedding transition finance specialists inside investment banking and corporate lending teams. Asset managers are integrating stewardship, climate risk and sustainability analysis into broader investment processes. In many organisations, ESG has become less of a separate initiative and more of an operating framework.
Reporting and Content Volumes Continue to Grow
The explosion in content and reporting also suggests a market that is still expanding structurally. Asset managers, banks, consultants, accounting firms, law firms and data providers now publish a constant stream of sustainability commentary, stewardship reports, climate transition papers, biodiversity research and regulatory analysis. What once felt like a specialist niche increasingly resembles part of the normal information infrastructure of global finance.
Importantly, much of this activity is now being driven by regulation and operational requirements rather than purely by marketing demand. Frameworks such as CSRD, ISSB, SFDR and TNFD have created large-scale reporting and compliance obligations that require companies to build systems, hire specialists and invest in data capabilities. Even firms that have become more cautious around the term “ESG” are often increasing investment in climate risk, sustainability reporting and transition planning behind the scenes.
ESG May Be Maturing Rather Than Retreating
The language itself is also changing. Rather than talking exclusively about ESG, firms now refer to transition finance, resilience, climate strategy, sustainable infrastructure, stewardship, human capital or corporate sustainability. In some cases, the terminology has softened while the underlying activity has become more sophisticated and institutionalised.
This may explain why there can appear to be a disconnect between media narratives and day-to-day market reality. The highly visible “ESG boom” phase of the early 2020s may have peaked, but what has followed looks less like collapse and more like industrialisation. Sustainability has moved deeper into the plumbing of finance, regulation and corporate reporting.
For professionals who spend their days reading sustainability research, fund commentary and corporate reporting, the sense that ESG remains highly active is therefore not imagined. If anything, the market today appears broader, more operationally embedded and more information-rich than at any point in its history.
Key Takeaways
- ESG activity appears to be evolving rather than disappearing.
- The sustainability ecosystem now includes far more data, software and AI-enabled providers.
- ESG responsibilities are increasingly embedded into mainstream finance and operations.
- Sustainability reporting and commentary volumes continue to grow rapidly.
- Regulation has created durable long-term demand for ESG infrastructure and services.
- The terminology may be changing, but the underlying market activity remains substantial.
Rolling Stone Round Up - People Moves
Rolling Stone Round Up - People Moves
Recent ESG / Sustainable Finance Leadership Moves (2026)
- Sindhu Krishna appointed UK Head of Sustainability, Investment Consulting at Aon (March 2026). Krishna previously held senior sustainable investing roles at Cardano and is known for work on climate-aware investment strategy and stewardship.
- Abigail Herron has been appointed as Executive Director of FAIRR Initiative, bringing with her more than two decades of experience across sustainable finance, ESG strategy, responsible investment, and nature-focused policy leadership. She joins FAIRR Initiative after a 12-year tenure at Aviva Investors, where she held a series of senior leadership roles spanning nature policy, sustainable finance strategy, and responsible investment.
- Holly Turner promoted to Head of Sustainable Investments at Schroders Capital (February 2026). Turner now oversees sustainability integration across Schroders Capital’s private markets businesses including infrastructure, real estate and private debt.
- Maud Pierre-Minuit appointed Head of Sustainable Transitions at Ostrum Asset Management (April 2026). The role focuses on transition investing strategy and ESG integration across investment activities.
- Chaoni Huang appointed Head of Sustainable Finance & Transition, Asia at HSBC (January 2026). Huang joined from BNP Paribas and leads transition finance and decarbonisation advisory work across the region.
- Denise Odaro appointed to lead sustainable finance transition activities for Europe and the Americas at HSBC (March 2026). The role supports corporate and institutional clients on transition and climate financing initiatives.
- Lauren Smart appointed Global Head of Sustainable Finance at Bloomberg (February 2026). Smart previously led Sustainable1 at S&P Global and is well known in climate analytics and ESG data.
- Kelvin Wong appointed Chief Sustainability Officer at DBS Bank (April 2026). Wong oversees DBS’s sustainability and transition agenda including sustainable finance and operational climate targets.
- Esra Turk appointed Global Head of Sustainable Finance within Deutsche Bank’s Investment Bank (2026). The role sits within investment banking coverage and focuses on sustainable finance origination and client solutions.
Astutis: Ultimate Guide for Building a Sustainability Career in 2026
Astutis: Ultimate Guide for Building a Sustainability Career in 2026
(https://www.astutis.com/astutis-hub/blog/sustainability-career-ultimate-guide?utm_source=chatgpt.com)
The sustainability sector stands at a crossroads. While climate urgency intensifies and regulatory frameworks expand globally, the employment landscape for environmental management professionals has undergone significant recalibration. Understanding these dynamics and positioning yourself strategically has never been more critical for those pursuing or advancing in sustainability careers.
Storebrand: Annual Report 2025
Storebrand: Annual Report 2025
Sustainability statement from p50
… includes: …
- Environmental information
- Climate change
- Social information
- Own workforce
- Consumers and end-users
- Governance information
- Business conduct
DNB: Annual Report 2025
DNB: Annual Report 2025
(https://www.ir.dnb.no/sites/default/files/pr/202603113411-1.pdf)
Sustainability statement from p.64
... includes ...
- Environmental information [p. 98]
- Social conditions [p. 152]
- Governance information [p. 174]
Danske Bank: Report Suite 2025
Danske Bank: Report Suite 2025
(https://danskebank.com/sustainability/publications-and-policies)
In our Annual Report, you can find our statutory sustainability statement, which provides information on our sustainability performance. In addition, you can find detailed and segmented data in our Sustainability Fact Book and in our annual Climate Progress Report you can see latest information on climate targets and results.
Swedbank Robur: Corporate Governance & Engagement Report 2025
Swedbank Robur: Corporate Governance & Engagement Report 2025
Published Corporate Governance & Engagement Report 2025 in May 2026 plus Climate & Nature Report 2025
Storebrand: SI Review
Storebrand: SI Review
Q1 2026 Sustainable Investment Review published Apr 2026 with active ownership/stewardship themes
Nordea: Report Suite 2025
Nordea: Report Suite 2025
Published 2025 annual reporting in Feb 2026 incl. sustainability progress and financed emissions updates.
… includes …
"Our strategic vision for 2030 is to be the preferred financial partner in the Nordic transition to net zero."
Priority themes:
- Climate & energy
- Nature
- Financial well-being
- Inclusive & safe societies
Morgan Stanley: Sustainable Fund Returns Slightly Below Traditional Peers in Second Half of 2025
Morgan Stanley: Sustainable Fund Returns Slightly Below Traditional Peers in Second Half of 2025
(https://www.morganstanley.com/insights/articles/sustainable-fund-performance-second-half-2025)
Key Takeaways
-
Sustainable funds’ assets under management (AUM) reached a record $4.13 trillion at the end of December 2025, up 4.0% from June, but their share of total global fund assets declined to 6.5%, as traditional funds saw stronger flows.
-
Sustainable funds recorded net outflows of $86.4 billion in 2H 2025, more than offsetting inflows earlier in the year. Europe-domiciled sustainable funds recorded outflows for the first time, although much of this was driven by reallocations to bespoke mandates.
-
Sustainable funds delivered median returns of 5.3% in 2H 2025, just below traditional funds at 5.5%. Sustainable funds outperformed in most regions, but differences in geographic exposure offset this overall.
Morgan Stanley: How Individual Investors Are Approaching Sustainable Investing in 2026
Morgan Stanley: How Individual Investors Are Approaching Sustainable Investing in 2026
(https://www.morganstanley.com/insights/articles/sustainable-signals-individual-investors-2026)
Key Takeaways
- Allocation to sustainable investments averaged 31% in 2026, slightly down on 33% in 2025 even as positive sentiment grows.
- Expectations for financial returns continue to shape sustainable investment decisions, as performance remains the primary driver of both interest and allocation.
- Thematic interests span a broad range, while one-third cite greenwashing as a very significant concern.
- Private markets are emerging as a key area of opportunity for sustainable and impact investing.
Morgan Stanley: Corporate Sustainability Strategies Continue Globally, But Progress Slows
Morgan Stanley: Corporate Sustainability Strategies Continue Globally, But Progress Slows
(https://www.morganstanley.com/insights/articles/sustainable-signals-corporates-2026)
Key Takeaways
- Over 90% of sustainability leaders report ongoing progress on their company's sustainability strategy, although 47% now see room for improvement on execution, up more than ten points from 2025.
- Nearly half (49%) cite regulatory compliance among their top three motivations for pursuing sustainability strategies, while 42% point to investor expectations—about double 2025. Macroeconomic uncertainty is now much more commonly cited as a barrier, at 36%, also roughly double last year.
- More than three-quarters see physical climate risks as very or somewhat likely to affect operations in the next five years; 63% say increased operational costs are very likely.
- Sustainability is more embedded in governance, as 63% say key business decisions include sustainability criteria; 62% report Board-level responsibility.
Jobs 50 of 627 results
JobPost: AngloAmerican - Specialist - Sustainability Reporting (FTC) various locations offered
JobPost: AngloAmerican - Specialist - Sustainability Reporting (FTC) various locations offered
This is a Fixed Term Contract opportunity
Can be based in UK, South Africa, Chile, Peru, Brazil
JobPost: BlackRock - Associate - Sustainability & Transition Solutions - Platform team, London
JobPost: BlackRock - Associate - Sustainability & Transition Solutions - Platform team, London
(https://careers.blackrock.com/job/-/-/45831/95090246544?source=LinkedIn)
The S&T Platform Strategy & Governance team is seeking an Associate in EMEA to support sustainability strategy, S&T product ideation, market intelligence, and governance activities across the S&T platform. The role sits at the intersection of sustainable product strategy, competitor and industry monitoring, platform analytics, and regulatory‑driven initiatives, with exposure to multiple stakeholders and cross‑functional strategic projects within GPS and BlackRock more broadly.
JobPost; GS - Asset & Wealth Management, Sustainability and Impact Client Solutions, Associate - New York
JobPost; GS - Asset & Wealth Management, Sustainability and Impact Client Solutions, Associate - New York
The Sustainability & Impact Client Solutions team mobilizes the full range of sustainability insights, advisory services and investment solutions across our client segments and asset classes (Publics Markets Investing and GS Alternatives, External Investing Group). We collaborate with sustainability teams across the division and firm to deliver the breadth and depth of our sustainability capabilities to our clients. We are seeking an associate to join the team in NYC to fill a unique role focused on developing differentiated insights on leading edge topics on sustainable investing and better serving our clients with content-rich advisory services. This role will work closely with our global team, in addition to working with our Institutional sales teams to deliver client solutions that focus on Sustainability and Impact Investing across public and private markets. In addition, this role will work with various investment teams to support investment product development and broader delivery of our capabilities across different asset classes and across different regions.
JobPost: Broadridge - Sustainability Analyst NYC and NJ (Hybrid)
JobPost: Broadridge - Sustainability Analyst NYC and NJ (Hybrid)
As a Sustainability Analyst, you will play an active role in advancing Broadridge’s sustainability initiatives, contributing to the company’s progress toward its near-term and net-zero emissions reduction goals. In this role, you will manage data collection, analysis, and reporting tasks, support supplier engagement activities, and contribute to projects that advance our environmental commitments. This position provides hands-on experience in corporate sustainability, greenhouse gas (GHG) measurement, and sustainable supply chain management, while offering opportunities to learn from and collaborate with experienced sustainability professionals.
JobPost: DHL Group - Account & Sustainability Manager (Birmingham UK)
JobPost: DHL Group - Account & Sustainability Manager (Birmingham UK)
Please be aware that interviews are provisionally scheduled to take place during the week commencing 18th May 2026. Applications received after this date may not be considered but will be added to our talent pool for future opportunities, subject to your consent.
JobPost: LGPS Central - Responsible Investment & Stewardship Analyst (Wolverhampton, UK)
JobPost: LGPS Central - Responsible Investment & Stewardship Analyst (Wolverhampton, UK)
(https://recruitment.cezannehr.com/shared/job/responsible-investment-stewardship-ana-88fed/Linkedin)
LGPS Central (LGPSC) Ltd is the FCA regulated asset manager for eight local authority pension funds across the Midlands.
JobPost: PRI - Associate, Product Owner (Family Leave Cover) - 9 Month FTC
JobPost: PRI - Associate, Product Owner (Family Leave Cover) - 9 Month FTC
(https://app.beapplied.com/apply/dxcrosogrc)
Location Hybrid · London, UK
Team - Ri Solutions
Seniority - Junior
Closing: 11:59pm, 3rd May 2026 BST
JobPost: MSCI - Senior Associate - Index R&D - Structured Products (London)
JobPost: MSCI - Senior Associate - Index R&D - Structured Products (London)
This responsibility spans all factor, thematic, cap-weighted and sustainability & climate Indexes
JobPost: PRI - Director, Communications (London/US, close 26 April)
JobPost: PRI - Director, Communications (London/US, close 26 April)
(https://app.beapplied.com/apply/656cksg8vc)
The Director of Communications provides senior strategic communications leadership for PRI, using communications as a deliberate lever to reinforce PRI’s value, credibility and coherence with signatories and external stakeholders. The role shapes the external narrative, protects and enhances reputation, and translates complex technical and policy work into clear, decision‑useful messages that strengthen the enabling environment for responsible investment.
JobPost: IFM Investors - Associate, Sustainable Investment (London)
JobPost: IFM Investors - Associate, Sustainable Investment (London)
12month Fixed Term Contract
IFM Investors is a global asset manager, founded and owned by pension funds, with capabilities in infrastructure equity and debt, private equity, private credit, real estate and listed equities.
JobPost: Tesco - ESG New Regulations Manager (Welwyn Garden City, UK, close 14 Apr)
JobPost: Tesco - ESG New Regulations Manager (Welwyn Garden City, UK, close 14 Apr)
(https://careers.tesco.com/en_GB/careers/JobDetail/176277)
About the role
This is an exciting opportunity to work in ESG Reporting. There is an increasing drive to promote transparency and comparability of ESG reporting across organisations to support sustainable investment decisions and progressive agendas in this space. This includes the Corporate Sustainability Reporting Directive (CSRD), which is a new reporting requirement covering the full breadth of ESG with a large number of disclosure requirements alongside the EU Taxonomy which assesses the sustainability credentials of a company’s financials.
JobPost: Royal London - ESG Credit Analyst (London, close 13 Apr)
JobPost: Royal London - ESG Credit Analyst (London, close 13 Apr)
Job Title: ESG Credit Analyst
Contract Type: Permanent
Location: London
Working style: Hybrid 50% home/office based
Closing date: 13th April 2026
We have an opportunity for an ESG Credit Analyst to join the Royal London Asset Management (RLAM) Credit team on a permanent basis.
The role focuses on sustainable credit research and ESG integration across a range of sectors and offers opportunities for interaction with stakeholders across the wider business, as well as external clients and consultants.
You’ll join a collaborative and inclusive team, with significant opportunity for development and career progression.
JobPost: Liberty Mutual Investments - Senior Analyst, Impact Investing (US)
JobPost: Liberty Mutual Investments - Senior Analyst, Impact Investing (US)
New York, New York, United States • Boston, Massachusetts, United States
JobPost: Pepsico - Sustainability Investments Manager (US)
JobPost: Pepsico - Sustainability Investments Manager (US)
(https://www.pepsicojobs.com/main/jobs/434065?lang=en-us&iisn=linkedin)
Sustainability Investments Manager -
Purchase, New York; Chicago, Illinois; Plano, Texas
JobPost: Railpen - Investment Manager, Sustainable Ownership (London)
JobPost: Railpen - Investment Manager, Sustainable Ownership (London)
Within this role, you will be undertaking high-quality and insightful ESG research, risk advice, stewardship and other activities that make a decisive contribution to a range of asset classes and themes. By working with initiative and in collaboration with colleagues from across the business and at all levels, these actions help to secure members’ futures by identifying and managing the ESG risks and opportunities that matter most to financial outcomes for members. A key part of your role will be ensuring our ESG risk advice on public and private investments, both managed internally and by external asset managers, is evidence-based and impactful.
JobPost: Boeing - Sustainability Analyst (Bristol or London)
JobPost: Boeing - Sustainability Analyst (Bristol or London)
The team is looking for a dynamic, engaged professional to support cross-functional reporting initiatives and carbon reduction activities. The role includes supporting the operations and integration of the team and working with internal colleagues at all levels and external stakeholders to advance the team’s overall impact. This role is ideal for someone who excels at coordination, stakeholder communication, and process improvement.
JobPost: Pension Protection Fund - Sustainable Investment - Stewardship Manager (London)
JobPost: Pension Protection Fund - Sustainable Investment - Stewardship Manager (London)
The role is accountable for the implementation, ongoing development and effective delivery of the PPF’s Stewardship Strategy, supporting the management of investment risks through engagement and voting and contributing to the achievement of sustainable long-term investment return across the Fund.
JobPost: NinetyOne - Sustainability Specialist (London)
JobPost: NinetyOne - Sustainability Specialist (London)
This role offers a genuine opportunity for a candidate who is passionate about sustainability, climate change and the transformation of the investment industry in a way that is additive across the value chain for the business.
JobPost: PRI - Head of Business Development, ASEAN (Singapore, close 22 Mar)
JobPost: PRI - Head of Business Development, ASEAN (Singapore, close 22 Mar)
(https://app.beapplied.com/apply/lna0gyhsdx)
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 · Singapore
Team Markets
Seniority Senior
Closing: 11:59pm, 22nd Mar 2026 +08
JobPost: Broadridge - Senior Sustainability Analyst (HYBRID- NYC or NJ)
JobPost: Broadridge - Senior Sustainability Analyst (HYBRID- NYC or NJ)
As a Senior Sustainability Analyst, you will play a key role in advancing Broadridge’s sustainability strategy and driving progress toward near-term and long-term emissions reduction goals. In this role, you will lead the development of supplier engagement program and contribute to disclosures aligned with global sustainability frameworks. You will collaborate with internal stakeholders and external partners to deliver accurate insights, identify opportunities for improvement, and recommend strategies that drive meaningful progress toward Broadridge’s environmental commitments.
JobPost: Macmillan - Sustainability Specialist, ESG (NYC)
JobPost: Macmillan - Sustainability Specialist, ESG (NYC)
Macmillan is seeking a Sustainability Specialist to support its Environmental, Social, and Governance (ESG) program. This role will be key in driving sustainable business practices and strategies to help Macmillan achieve its environmental targets. The Specialist will collaborate across various teams to ensure the company meets its sustainability goals, adheres to environmental regulations, and integrates eco-friendly practices into daily operations. Reports to the Director, ESG.
JobPost: BNP Paribas - Sustainability Analyst H/F (Puteaux, Île-de-France, France)
JobPost: BNP Paribas - Sustainability Analyst H/F (Puteaux, Île-de-France, France)
(https://group.bnpparibas/en/careers/job-offer/sustainability-analyst-h-f?src=LinkedIn)
You will join the ESG analyst team within the Fixed Income platform, to perform the following:
-Labeled Bond Research and Analysis: perform the ESG assessment of Green Social and Sustainable bonds (GSSB) according to BNPPAM internal framework and taxonomy. Provide opinions on new and recurring issuances when announced in the market. Maintain the database and processes linked to the assessment framework in collaboration with RI Techno.
-Coordination: Assist the coordination work within the Fixed Income and Core Investment platforms (meeting preparation and follow up, internal stakeholder management, coordination with other teams, etc)....













