SUEZ

SUEZ announces to investors that 74% of 2020 revenue is considered “sustainable” by EU taxonomy

In 2019, the European Commission set up a reference framework for all companies to assess their contribution to the preservation of the environment and the fight against climate change. One year ahead of its EU commitment SUEZ announces that 74% of its 2020 revenue qualifies under the EU taxonomy reference framework for sustainable business activities. […]

BARCLAYS

Barclays’ Core Value of Sustainability

Barclays has an ambition to be a net zero bank by 2050 to support the transition to a low-carbon economy. Wealth Monaco has recently interviewed Gérald Mathieu – Head of Private Bank Europe, Switzerland and Monaco – and Damian Payiatakis – Head of Sustainable and Impact Investing – to discuss Barclays Private Bank sustainable methodology […]

Data Council

Refinitiv, S&P Global and Moody’s ESG join the Data Council to Convene Sustainability data

The Future of Sustainable Data Alliance (FoSDA) creates the Data Council, with data providers leaders such as Refinitiv, S&P Global and Moody’s ESG solutions group to bring more consistency to ESG data. At a time when sustainability and the digital transformation of our economies are the two highest priorities of governments and businesses across the […]

When LSEG Enters the Net Zero Race

LSEG becomes a Business Ambition 1.5° signatory and joins the Race to Net Zero emission. Wealth Monaco is voluntarily introducing more in detail each initiative and organization involved in the LSEG process. In line with its last acquisition for $27 billion, of the financial market data and infrastructure provider having one of the richest ESG […]

Candriam

Towards More Consistence: a New Sovereign Sustainability Model by CANDRIAM

The new evolved model implemented by CANDRIAM puts climate change and environmental preservations at the core of investment process. CANDRIAM, European multi-specialist asset manager with around EUR 128 billion of AuM, who just obtained the State SRI label for 16 funds across various asset classes and management strategies, introduces its updated Sovereign Sustainability Model, highlighting […]

MSCI

MSCI Global Institutional Investors Survey

The global pandemic has highlighted both the importance of ESG issues and is accelerating ESG integration by institutional investors, according to the respondents of MSCI’s 2021 Global Institutional Investor Survey1, a survey of 200 asset owner institutions with assets totaling approximately $18 trillion. The survey of sovereign wealth funds, insurers, endowments/foundations, and pension funds found […]

EFAMA

Investment Industry Addresses its Recommendations to EC

The European Fund and Asset Management Association (EFAMA) has published this week its response to the last European Commission’s consultation proposal for an initiative on sustainable corporate governance. The EC’s consultation publicly launched last October 2020 aimed to gather data and to collect the views of stakeholders in regard to a possible initiative on sustainable corporate governance, […]

GAM

A Sustainable Local Emerging Bond Strategy

Institutional investors, whose traditional interest in sovereign or economic risks as the main levers for emerging bond spreads, are moving towards a more strategic allocation based on the integration of ESG criteria. In this logic, GAM launches its new range dedicated to the ESG with a sustainable investment strategy focused on local emerging debt. Just […]

S&P

S&P Dow Jones Indices Expands Global ESG Suite

S&P Dow Jones Indices the world’s leading index provider launches its latest S&P ESG Indices In Europe, S&P DJI created the Paris-Aligned Climate (PA) and Climate Transition (CT) Eurozone Indices to include securities compatible with a 1.5ºC global warming climate scenario and to meet several other climate-focused objectives. This leader in ESG indexing for more […]

Puzzle

Towards a Convergence of ESG Metrics

A growing coalition of 61 top business leaders across industries announced their commitment to the Stakeholder Capitalism Metrics, which proposes to align performance reports with environmental, social and governance (ESG) indicators and to monitor their contributions to the SDGs in a consistent manner. The Paris agreement to redirect financial flows to “make them compatible with […]