NewsRoom Articles - Page 11 of 50

TuesdayDec 17, 2024 10:00 am

Study Highlights the Need for Investors to Ensure Their Portfolios Reflect Their ESG Values

A new study has shed light on the huge differences between how stock mutual funds operate and what they claim to do when it comes to matters concerning ESG. The study was carried out by assistant professors of finance Simona Abis and Andrea Buffa at the Leeds School of Business, in partnership with Columbia University PhD candidate, Meha Sadasivam. Their objective was to categorize ESG funds more accurately by conducting an analysis of the investment strategies outlined in their mutual fund documents. For starters, the investigators ascertained which funds had ESG-related strategies, from a huge pool of actively managed mutual…

FridayDec 13, 2024 10:00 am

HubSpot Shines as an Example in Integrating Sustainability

HubSpot is an all-in-one online digital platform that provides millions of users and small businesses with different tools for content and customer service management as well as sales and marketing, which when used together can deliver great results. This is in addition to being a thought-leader with regard to sustainability. Yogesh Chauhan, the Senior Director of Sustainability at HubSpot, recently discussed in an interview how sustainability represented the crossroads of international regulations, innovative practices and consumer behavior. He revealed that the foundation of their company’s sustainability strategy centered on ensuring transparency, measuring their carbon footprint, and delivering on both public…

ThursdayDec 12, 2024 10:00 am

Employee Engagement is Critical to ESG Implementation, Says WEF

Despite having clear ESG goals, most companies struggle to translate their efforts into impactful outcomes. A recent poll has determined that employee engagement is crucial for achieving an organization’s sustainability goals. The poll was carried out on LinkedIn and had more than 200 respondents. Almost 50% of the companies that took part in the poll admitted that inadequate employee engagement was the main obstacle to achieving these objectives. The poll also found that the emphasis placed on environmental initiatives often cast a shadow over governance and social aspects. Conventional ESG strategies often adopt a hierarchical approach where leaders set objectives,…

TuesdayDec 10, 2024 10:00 am

Technology Can Help Firms Manage ESG Risk, Procurement Expert Reveals

Strategies for risk alleviation and management for firms have become very popular in the recent past, with the recent weather catastrophes and the coronavirus pandemic proving the worth of proper risk management. Without supply alternatives and accurate data in place, the consequences of not mitigating risk greatly impacts businesses. When it comes to issues related to ESG and particularly forced labor, the discussion around risk and its management becomes vaguer. With ESG concerns in supply chains continuing to increase, the risk they pose to procurement practitioners and businesses as a whole grows. Given that procurement professionals are required to prepare…

MondayDec 09, 2024 8:00 am

Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF) Reports that Recent Exploration Successes ‘All Point to Untapped Potential’

Copper is projected to be a sought-after commodity, driven by diverse applications in clean energy, electric vehicles (“EVs”) and sustainable infrastructure. Amid growing demand, exploration companies such as Aston Bay are intensifying their efforts to discover new copper reserves. Exploration efforts continue to deliver discoveries at Storm Project. Copper, often referred to as the “metal of electrification,” plays an indispensable role in the transition to a more sustainable and energy-efficient future. As the world intensifies its commitment to reducing carbon emissions and embracing renewable energy, the demand for copper is set to soar. The recent discovery of new copper targets…

FridayDec 06, 2024 10:00 am

European ESG Conference Highlights Efforts to Drive Improvements

During this year’s Responsible Investment Forum: Europe, it became clear that the conversation on ESG had shifted from how ESG data could be gathered to how best the data could be utilized. With this is mind, several general partners have focused on harnessing the competitive spirit among portfolio firms to drive improvements in ESG by demonstrating how firms perform in comparison to their peers. The ESG Data Convergence Initiative has led efforts to advance ESG benchmarking in private equity. The initiative is currently in its third year of analyzing and aggregating ESG data. Many influential managers and investors in the…

ThursdayDec 05, 2024 10:00 am

State Street, BlackRock Sued by Texas Over Allegations of Market Disruption

ESG has become very popular in the recent years, particularly when it comes to the investment practices of institutions. During the 2023 Finance Magnates London Summit, experts from various parts of the globe met to discuss this subject. Salvus Fund’s Risk and Compliance Director Evdokia Pitsillidou explained that ESG’s primary objective was to transition to a more environmentally friendly and sustainable financial system. Despite this being the goal, the state of Texas as well as 10 other GOP-led states have filed a lawsuit in federal court accusing Vanguard, BlackRock and State Street of using ESG investment strategies to disrupt coal…

TuesdayDec 03, 2024 10:00 am

SEC Includes ESG in Its Risk Warning to Fund Managers

Last month, the United States Securities and Exchange Commission broadcasted a risk alert that warned fund managers of problems flagged during audits. The alert, which centered on a number of areas, also highlighted that ESG was an area of focus for the commission and reflects the shift in sustainability reporting. Environmental, Social, and Governance (ESG) is an investing framework that considers other factors other than the financial. It became popular in 2020/2021, following a worldwide push by activists and fund managers. With ESG being regulated more, funds and firms based in the United States are focusing more on climate, with…

MondayDec 02, 2024 10:00 am

Professionals Weigh Whether Trump Admin Will Reform or Retrench ESG

Donald Trump won the recently concluded presidential elections in the U.S. and is set to be sworn in as the 47th president come January. While ESG was not a primary focus in the president-elect’s campaign, he did pledge to remove America from the 2015 Paris agreement and increase domestic production of oil and gas. This is in addition to vowing to fire Chairman Gary Gensler of the Securities and Exchange Commission (SEC). This shan’t happen though, as earlier this week, Gensler announced that he’d resign from the agency on January 20th, 2025. The chairman’s impending departure has raised questions over…

TuesdayNov 26, 2024 10:00 am

Asset Managers Double Down on Grid Stocks Despite Trump’s ESG Views

Analysts argue that electrical grids and the equipment required to build them are a well-positioned subsector in the energy transition space. They believe that the grid will defy incoming president Trump’s pushback against investments directed towards sustainability and ESG regulatory frameworks. Hours after Trump won, renewable energy stocks plunged then a day later, the market gauge of equipment required for grids rose by almost 6%. Firms that develop grid equipment have since recorded increases in their share prices, with Ametek Inc., Rockwell Automation Inc., and Eaton Corp all seeing over 6% increases. Emerson Electric Company also saw its share price…

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