Fixed Income Subject to ESG analysis

PRIs emphasize on the importance of ESG engagement for sovereign debt investors. The recent PRI (Principles for Responsible Investment) report supported by the United Nations, calls on sovereign bondholders to engage more on ESG issues. Entitled – ESG engagement for sovereign debt investors – the report highlights the lack of ESG engagement of sovereign bond […]

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GCEL Publication Creates Debate Around TruCost

While a recent analysis of S&P Global TruCost reports that integrating TruCost’s Sustainable Development Goals (SDGs) dataset into a portfolio led to better performance than a non-SDG aligned portfolio, Urgewald and 30 NGOs partners, including Reclaim Finance, publish an update of the Global Coal Exit List (GCEL), the most comprehensive database of companies operating across […]

Governance

The Peer Review of Wirecard Collapse

Further to the Wirecard scandal, the European Securities and Markets Authority (ESMA) has responded to a request from the European Commission on 25 June, inviting the organization to conduct a fact-finding analysis of the events leading up to this collapse. This is the first Peer Review carried out by ESMA under the revised ESMA Regulation […]

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TCFD: Better Transparency on Climate Related Risks Benefits to Better Allocation

Created in 2015 by the Financial Stability Council (FSC) at the end of COP21, the Task Force on Climate-related Financial Disclosures (TCFD) is a working group made up of politicians, business leaders and financial companies who recognize the importance of transparency of climate-related risks. An entity made up of 1,500 supporters, including companies representing a […]

55% of global GDP depends on high-functioning Biodiversity and Ecosystems Services

Over half (55%) of global GDP, equal to USD 41.7 trillion, is dependent on high-functioning biodiversity and ecosystem services. However, a fifth of countries globally (20%) are at risk of their ecosystems collapsing due to a decline in biodiversity and related beneficial services (according to the new study of Swiss Re Institute). Countries across the […]

1st Taxonomy Alignment Screening

« Essential to mobilize more public and private funds, to achieve the objective of European carbon neutrality by 2050 » green taxonomy, is the first global classification system for environmentally sustainable economic activities (the first two objectives of which will be launched at the end of 2020). However, we can already imagine that its application […]

Sharp Increase of Global Private Wealth ISR Allocation

A new research report launched by Campden Wealth, Global Impact Solutions Today (GIST), and Barclays Private Bank reveals the growth in leading private wealth holders and family offices investing for positive social and environment impact, with the average portfolio allocation set to almost double, increasing from 20 per cent in 2019 to 35 per cent […]

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Measure Impact Investment on Biodiversity

Last May 2020, AXA Investment Managers, BNP Paribas Asset Management, Sycomore Asset Management and Mirova gathered more than thirty signatures from renowned investors from around the world to create measures of impact investment on biodiversity. According to the Global Assessment Report on Biodiversity and Ecosystem Services (IPBES, 2019), the sixth mass extinction of life on […]

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Ripple use CAEs for its green Blockchain

While Facebook and Google have independently announced that they will be carbon neutral companies by 2030, joining the race that competitors such as Apple and Microsoft have already started, it was the turn of Ripple to decarbonize the XRP Ledger. This marks the first ever widespread decarbonization of a public blockchain, addressing a significant environmental […]