Blackstone, Apollo among firms snubbing new climate coalition
A number of big private equity firms have yet to sign up for a pledge unveiled during COP26 to eliminate CO2 emissions and help avoid catastrophic planetary overheating
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China property turmoil risks upending green debt market
Two prominent developers that have borrowed billions in green debt are struggling to meet their debt obligations
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Fintech, direct indexing are bringing ESG into focus
Research shows technology and customization are helping investors deal with the lack of clarity in the ESG space
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Private equity propels top ESG hires into 7-digit pay league
Salaries for those in top ESG jobs are ‘easily up 50%, maybe 100%’ from a year ago, a headhunter says
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Wall Street’s $22 trillion carbon time bomb
According to Moody’s, financial institutions in the Group of 20 nations have $22 trillion of exposure to carbon-intensive industries
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S&P launches net-zero indices
Designed as underlying indices for the structured product market
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IOSCO firms up proposals for tighter controls of ESG ratings
Regulators should consider encouraging industry participants to develop and follow voluntary common industry standards
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First look: The infrastructure bill and ESG
Craig Jonas, CEO and founder of CoPeace, joins to discuss the infrastructure bill that is making its way through Congress, what might change before it becomes law, what it does for sustainability and what opportunities it creates for investors.
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Carbon offsets have an integrity problem; COP26 may help fix that
The agreement reached at the U.N. climate meeting may help boost confidence in the voluntary market for carbon credits.
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Morgan Stanley wants more diverse young hires
The firm is announcing an initiative, the Equity Collective, in which wealth and asset management firms commit to working with career-focused community organizations to reach young people from more diverse backgrounds.
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Invesco offers sustainability version of its S&P 500 ETF
The Invesco ESG S&P 500 Equal Weight ETF will invest in companies considered leaders in ESG metrics; Apple, Facebook parent Meta and Tesla are among the companies that will be excluded from the fund initially.
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Deluge of ESG funds risks breaking point
The many new ESG funds being launched threaten to test the limits of investor demand.