Banks caught between sustainable investing backlash and EU clean energy push
Number of mandates under review over asset managers’ record is growing, consultants say
European investors pull money from sector for first time in sign that US scepticism of ‘woke capitalism’ is spreading
They are either being weak or hypocritical in the face of the current backlash
Asset manager blames ‘different macro backdrop’ for change of tack on climate divestments
Washington is turning away from the sustainable development agenda, but funds promoting it manage over $1.5tn
Regulator’s rules are part of broader effort to rein in power of largest fund managers
Will Donald Trump’s presidency be good or bad for fixed income investors and how should they position themselves? Plus: the future of traditional bonds and are investors too complacent about the risks facing junk bonds?
Now in its fourth year, these awards recognise business school graduates who tackle issues of sustainability and societal justice
Once reserved for philanthropists, foundations and investors are prepared to accept lower returns to achieve positive social and environmental effects in the impact investing market
Investors ‘tiptoe’ around social responsibility to avoid political pressure, while still assessing economic costs
State’s attorney-general had accused $11.6tn fund manager of breaching consumer protection rules
The political backlash against ESG has intensified — but the sector is evolving
Saba Capital has taken stakes in seven trusts and called on investors to vote for changes to their boards
Internal memo reveals multilateral lender’s fear that new rules will put its climate credentials at risk
$10tn money manager agrees to curbs on influencing decisions of mid-sized and regional lenders
Ignites Asia analysis has tracked investments in companies such as CATL, the EV battery maker accused of Xinjiang links
Regulator changes tack after pushback on fund naming rules
Major fossil fuel and industrial groups push for mandatory requirements in letter to European climate commissioner
The changing landscape for responsible investment, from Donald Trump’s victory amid a US ‘anti-woke’ backlash to the trouble with ESG data. Plus the global green subsidy race; backing biodiversity; minerals critical to the energy transition; and avoiding modern slavery risk
But businesses will be tempted to play down sustainability with an incoming president who vows to support fossil fuels
The impact investing market has been growing rapidly. Whether its tools and techniques can be applied more broadly remains to be seen
Asset manager gives investors greater say on proxy votes as it tries to navigate backlash to ‘woke’ policies
Many funds have changed their labelling as rules are tightened to prevent greenwashing
ESG funds which track companies’ adherence to climate pledges have been falling from favour
