EU/UK regulation roundup: Labelling leaps and social stalls
This year has seen huge strides in ESG regulation globally – here are the biggest developments in the region
Morningstar
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Sustainable fund sales rebound in Q3
Clean energy and clean tech funds drew the strongest inflows
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Sustainable fund flows slow but more resilient than wider market
Global sustainable funds attracted $22.5bn of net new money while wider market shed $198bn
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Investors flock to ESG passives in Q3
Some 96% of sustainable fund flows were into passive strategies, according to Morningstar
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ISSB standards to include Scope 3 emissions
Companies will need to disclose on Scope 1, 2 and 3 from next year
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What’s on my COP27 wish list? A common ground for taxonomies
Morningstar’s Arthur Carabia calls on nations to ‘build bridges’
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Holding company directors to account over ESG
Morningstar finds an increase in shareholder dissent over director elections
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Global data companies ill-prepared to mitigate water risks
Not a single Asian company performed well on all the indicators, according to Morningstar research
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Asset managers split in responses to ISSB drafts
Diverging responses to ISSB proposals on creating global baseline for climate reporting standards
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Carbon credits questionable as strategic investments
Improvements are needed in the young market, according to a new Morningstar report
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Morningstar tool launched to filter ESG thematic funds
Educational website and tool intended to guide investors
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ESG industry invites criticism if we can’t get our names straight
There is no standardized nomenclature to express goals and distinguish ESG offerings