Ethical investment

Barclays Launches Systematic Study of ESG-Focussed US Equity Funds

Thursday, August 13, 2020 - 2:00pm

In a systematic study of US equity funds, Barclays Quantitative Portfolio Strategy (QPS) team finds that ESG-labelled funds do not necessarily provide more ESG exposure than conventional funds.

Key Points: 
  • In a systematic study of US equity funds, Barclays Quantitative Portfolio Strategy (QPS) team finds that ESG-labelled funds do not necessarily provide more ESG exposure than conventional funds.
  • In this new report, our QPS team combed through two decades of funds holding data and found a lack of difference in holdings and investment styles between ESG-focussed and non-ESG US equity funds.
  • Other key findings of todays report include:
    ESG-labelled funds have attracted a higher percentage of inflows than other equity funds.
  • Barclays offers investment banking products and services in the US through Barclays Capital Inc. For further information about Barclays, please visit our website home.barclays.

Air Products Moves into Top 10 Rankings of Most Sustainable Companies for Social Factors by Barron's

Thursday, August 13, 2020 - 1:30pm

Barron's recently reranked its Top 100 listing based on social factors to create a second model portfolio.

Key Points: 
  • Barron's recently reranked its Top 100 listing based on social factors to create a second model portfolio.
  • Based on those social factor based rankings, Air Products rose from 33rd to 10th.
  • This year, Barron's reranked the companies solely on societal factors across 13 categories such as how companies treat their employees, customers and communities.
  • Being ranked in Barron's 100 Most Sustainable Companies in America is the latest recognition for Air Products' sustainability and corporate responsibility efforts in 2020.

How Consumers Save and Invest in the UK 2020 - Considers How Consumer Investment Behaviour Has Been Influenced by COVID-19 - ResearchAndMarkets.com

Thursday, August 13, 2020 - 1:10pm

The aim of this report is to study how UK consumers behave when they make financial investment and saving decisions.

Key Points: 
  • The aim of this report is to study how UK consumers behave when they make financial investment and saving decisions.
  • The report considers what types of saving and investment products consumers hold, how they purchase and invest and what factors influence their purchases.
  • It also considers how consumer investment behaviour has been influenced by developments like COVID-19 and potential investment frauds.
  • 45% of consumers who own savings and investment products have been negatively impacted by the COVID-19 pandemic, with the value of their money held in savings and investment products declining.

Azure Power Ranked Top 10 Global Renewable Energy Company for Sustainability by Sustainalytics

Thursday, August 13, 2020 - 11:30am

NEW DELHI, Aug. 13, 2020 /PRNewswire/ -- Azure Power (NYSE: AZRE), a leading solar power producer in India, was ranked as the 10th best renewable energy company, or in the top 16th percentile, of all global renewable power producers for sustainability by Sustainalytics.

Key Points: 
  • NEW DELHI, Aug. 13, 2020 /PRNewswire/ -- Azure Power (NYSE: AZRE), a leading solar power producer in India, was ranked as the 10th best renewable energy company, or in the top 16th percentile, of all global renewable power producers for sustainability by Sustainalytics.
  • In addition, Azure Power ranked 21st, or in the top 5%, of 469 global utilities covered by Sustainalytics.
  • By providing an absolute measure for assessing company ESG risk, Sustainalytics' Ratings are comparable for companies in different industries.
  • Commenting on this, Mr. Ranjit Gupta, Chief Executive Officer, Azure Power, said, "This ranking underscores Azure Power's commitment to sustainability.

More North American companies expressing interest in ESG measures for executive pay programs

Wednesday, August 12, 2020 - 4:03pm

The survey also found companies have mostly left their executive incentive pay plans intact, amid the pandemic.

Key Points: 
  • The survey also found companies have mostly left their executive incentive pay plans intact, amid the pandemic.
  • Another 2% plan to include ESG measures in their plans next year, while an additional 27% are considering adding them over the next three years.
  • Pressure has been mounting for companies to demonstrate a commitment to ESG, said Heather Marshall, senior director, executive compensation, Willis Towers Watson.
  • This is driving companies to consider incentive plan metrics that link variable pay outcomes to the successful execution of ESG aspects of their business strategies.

Boston Trust Walden Awarded Top PRI Scores

Wednesday, August 12, 2020 - 1:05pm

BOSTON, Aug. 12, 2020 /PRNewswire/ --Boston Trust Walden Company has been awarded top scores in the most recent Principles for Responsible Investment (PRI) assessment report as of year-end 2019.

Key Points: 
  • BOSTON, Aug. 12, 2020 /PRNewswire/ --Boston Trust Walden Company has been awarded top scores in the most recent Principles for Responsible Investment (PRI) assessment report as of year-end 2019.
  • We view it as an essential part of our fiduciary duty to our clients," saidWilliam Apfel, Chief Investment Officer at Boston Trust Walden.
  • Boston Trust Walden Company is a Massachusetts chartered bank and trust company.
  • Boston Trust Walden Inc. is a registered investment adviser and a wholly owned subsidiary of Boston Trust Walden Company.

Clermont Partners Expands Senior Leadership with the Addition of Jim Koppa as Director of Research

Tuesday, August 11, 2020 - 4:08pm

Clermont Partners, one of the nations largest women-owned financial communications firms, announced today it has expanded its senior management team with the addition of Jim Koppa as Director of Research.

Key Points: 
  • Clermont Partners, one of the nations largest women-owned financial communications firms, announced today it has expanded its senior management team with the addition of Jim Koppa as Director of Research.
  • We are thrilled to welcome Jim to our senior management team during this disruptive period in the public markets.
  • Jim brings a thirst for data that will prove critical as we expand Clermonts research capabilities.
  • Clermont Partners is a 100 percent woman-owned advisory firm specializing in strategic investor relations, ESG communications and strategy, transaction communications and shareholder activism.

Bloomberg Launches Proprietary ESG Scores

Tuesday, August 11, 2020 - 1:50pm

LONDON, Aug. 11, 2020 /PRNewswire/ -- Bloomberg today announced the launch of propriety ESG scores.

Key Points: 
  • LONDON, Aug. 11, 2020 /PRNewswire/ -- Bloomberg today announced the launch of propriety ESG scores.
  • "By providing transparent ESG data and scores, we are helping investors decode raw data that is otherwise hard to compare across companies.
  • In addition to ESG scores, Bloomberg provides a number of sustainable finance solutions, offering data-driven insights to help investors integrate ESG throughout the full investment process.
  • Subscribers to the Bloomberg Terminal can view the scores at {BI ESG } by selecting ESG Scores from the Data Library.

Westport Fuel Systems Publishes Inaugural Environmental, Social and Governance Report

Tuesday, August 11, 2020 - 1:30pm

VANCOUVER, British Columbia, Aug. 11, 2020 (GLOBE NEWSWIRE) -- Westport Fuel Systems Inc. (Westport Fuel Systems or the Company) (TSX:WPRT / Nasdaq:WPRT) today released their inaugural Environmental, Social and Governance (ESG) Report outlining the Companys progress and focus on strengthening ESG performance and enhanced disclosures.

Key Points: 
  • VANCOUVER, British Columbia, Aug. 11, 2020 (GLOBE NEWSWIRE) -- Westport Fuel Systems Inc. (Westport Fuel Systems or the Company) (TSX:WPRT / Nasdaq:WPRT) today released their inaugural Environmental, Social and Governance (ESG) Report outlining the Companys progress and focus on strengthening ESG performance and enhanced disclosures.
  • This ESG report follows our prior year Sustainability Report and will be a valuable tool for investors and stakeholders to review Westport Fuel Systems key material ESG topics, opportunities and performance.
  • Westport Fuel Systems is a purpose-driven organization and our 2019 Report demonstrates our commitment to ESG programs and performance to drive sustainable growth said David M. Johnson, Chief Executive Officer of Westport Fuel Systems.
  • Our efforts to deliver environmental and social progress will only be realized with strong governance as the cornerstone of long-term growth.

MDBs’ climate finance in low- and middle-income countries reaches $41.5 billion in 2019

Friday, August 7, 2020 - 12:05am

Climate financing by seven of the worlds largest multilateral development banks (MDBs) accounted for $61.6billion in 2019, of which $41.5billion (67%) was in low- and middle-income economies, according to the 2019 Joint Report on Multilateral Development Banks Climate Finance.

Key Points: 
  • Climate financing by seven of the worlds largest multilateral development banks (MDBs) accounted for $61.6billion in 2019, of which $41.5billion (67%) was in low- and middle-income economies, according to the 2019 Joint Report on Multilateral Development Banks Climate Finance.
  • It now provides data on MDB climate finance commitments beyond those directed solely at developing and emerging economies, but with the focus remaining on low- and middle-income countries.
  • In 2019, the Asian Infrastructure Investment Bank (AIIB) also joined MDB working groups, and its data are presented separately within the current report.
  • In 2019, the MDBs reported a further $102.7billion in net climate co-finance investments from the public and private sector taking total climate activity financed in the year to $164.3billion.
  • The report shows that the MDBs are on track to deliver on their increased climate finance levels.
  • The MDBs have reported on climate finance since 2011, based on a jointly developed methodology for climate finance tracking.
  • The MDBs provision of climate finance contributes to fostering global financial flows consistent with development pathways that reduce greenhouse gas emissions and are resilient to climate change.