ESG study reveals fund labels are often useless
Researchers used data analytic tools to establish that language in many funds’ prospectuses lacked clarity.
Author: Susan Kelly
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ESG ETF launches with holdings guided by Islamic law
While the fund will loosely track an index, it’s classified as an active ETF
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Calls to regulate carbon offsets market
The regulation of projects to cut carbon and win those credits is still its infancy.
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Goldman says carbon net zero shift likely to boost inflation
The firm’s analysts see the biggest inflation impact in the U.S. and China.
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Bank fees for green debt surpass fossil-fuel financing
Banks pocketed an estimated $3.4 billion from green-labeled debt deals last year, versus $3.3 billion from their work with oil, gas and coal companies.
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Exxon could be next Kodak, Blockbuster, says pension fund CIO
CalSTRs chief investment officer warns of the dangers involved in ignoring the transition away from fossil fuels.
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How BlackRock made ESG the hottest ticket on Wall Street
The asset manager drove a significant part of the shift into ESG investments by including its main ESG fund in model portfolios it offers financial advisers.
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Why green stocks are slumping amid ESG boom
The outlook for green stocks is challenging because of worries about rising interest rates tied to inflation, unpredictable politics and regulatory maneuvers.
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Morningstar ESG chief asks: What do those trillions do?
Hortense Bioy cites the lack of clarity around investing strategies marketed as ways to protect the planet.
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91% asset plunge hits fund of sustainable EM stocks
The BlackRock fund saw its total assets fall to $69 million from $803 million.
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ESG debt issuance could get fresh boost from junk sales
Sales of green, social, sustainability and sustainability-linked bonds passed $1 trillion for the first time this year.
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Wall Street close to triggering climate financial crisis
A new report urges the Biden administration to slash the financial sector’s role in global warming