Fidelity International to halve CO2 in portfolio by 2030
The London-based firm, which manages more than $785 billion, plans to give portfolio companies time to adopt to its tougher CO2 requirements.
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DOL supports ESG in retirement plans
The Department of Labor recently released its long-awaited proposal detailing the use of ESG funds and methods in retirement plans and InvestmentNews’ Emile Hallez joins the podcast to discuss. Careen Abb, SDG and impact program lead for the U.N. Environment Program Financial Initiative, also talks about bringing sustainability to banking, insurance and investing.
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Regulators warn climate change poses threat to financial stability
Treasury Secretary Janet Yellen led the panel of top federal regulators that issued the report on climate change, including tentative recommendations for how agencies should begin preparing to contain the risk.
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Q&A: Boston Common’s founder on what to expect out of COP26
Drastic changes needed quickly because the window for action on cutting carbon emissions is closing, Geeta Aiyer reports.
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Europe to get even more standards to prevent greenwashing
Seeking to prevent greenwashing, European Commission to propose mimimum sustainability criteria for ‘light green’ funds.
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Infrastructure plan would significantly impact energy sector
A carbon-neutral energy mix by 2035 will be precarious as U.S. tries to add on renewable and alternative energy sources at the level needed to replace coal-fired plans, said Patrick Drum of Saturna Capital.
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Exploring investments that fight gender-based violence
Strategies to create investment portfolios that consider how women may be exposed to violence and inequities.
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ESG information buffet can confuse hungry investors
A Capital Group survey released during Schwab Impact cites a lack of consistency in ESG scores, varying company disclosures and differing third-party ratings.
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Passage of infrastructure bill could mean more spending in future
Congress likely would propose more sustainable infrastructure investment once the ball gets rolling, expert says at Schwab Impact.
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Disrupting the system with social entrepreneurs
Mike Chodroff discusses launching a new fellowship to train the next generation of sustainable business creators
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ESG proponents push for legislation addressing retirement investing
Democratic bills in Congress would codify the Biden administration’s proposal, but Republican support is lacking.
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403(b) plans ahead of 401(k)s on ESG, retirement income
Participation in 403(b) plans went up during the pandemic, to over 77% of eligible employees in 2020, compared with less than 77% in 2019 and 72% in 2018, according to PSCA.