• Are DC defaults still lagging on ESG? 17 Jun 2019 07:39 Pensions Management Nest’s strategy on ESG issues to date has leaned towards engagement rather than divestment. It avoids just two sectors. One is the armaments industry and, more recently, the master trust has announced that it will sell all its tobacco shares. We are …
  • The highest scoring category – Platinum Category – on the annual Sustainability Index was awarded to Baltic International Bank 14 Jun 2019 20:20 The Baltic Course The results of the annual Sustainability Index were announced on 13 June, and we are proud that this year Baltic International Bank won the highest platinum award. The Platinum Category is awarded to companies that have fully integrated corporate …
  • Switzerland : Global competition for investment prompts a surge in special economic zones 13 Jun 2019 20:39 Tradingcharts.com Jun 13, 2019 (Euclid Infotech Ltd via COMTEX) -- More than 1,000 zones were created in the last five years, and at least 500 more are in the pipeline for the coming years. A new wave of industrial policies and increasing competition for international …
  • Webinar: Investor Driven ESG Disclosures – State Street, SASB, MSCI 13 Jun 2019 20:30 CSRwire.com LONDON, Jun. 13 /CSRwire/ - The interest from the investment community in ESG disclosures is growing at a rapid pace, with no sign of slowing down. The shift is requiring more parts of the organization to be involved, with levels of transparency …
  • The realist case for combating climate change 13 Jun 2019 18:10 Japan Times Japan was hit by a spell of unseasonably hot weather in late May. Weather is normally mild in May and that is why many schools hold annual sports events then. However, due to an unusual heat wave this year, hundreds of people across the country suffered …
  • Eurex Equity Index Highlights - June 2019 Edition 13 Jun 2019 12:33 Mondovisione May marked a retracement of broad equities, coming after a strong rally to start the year, thus confirming technical analyst calls that markets have formed a double top reversal pattern. The U.S. president has renewed his global trade war with China and …
  • Platinum mine truck being converted to run on hydrogen 13 Jun 2019 12:19 Engineering News JOHANNESBURG (miningweekly.com) – Early research and development (R&D) work has begun to pave the way for the introduction of hydrogen fuel cell electric trucking at a local platinum mine, Mining Weekly Online can today report. A truck is currently …
  • Poor governance ensures SA’s bond market remains captured 13 Jun 2019 08:20 Citizen At the end of last year, South Africa’s debt-to-GDP ratio reached 55.8%. As the graph below shows, this has declined rapidly since 2013. Source: Futuregrowth Asset Management National Treasury hopes to stabilise the national debt below 60% of GDP, but this …
  • Nest to divest all tobacco holdings 13 Jun 2019 07:21 Pensions Management Tobacco plays a minor role in Nest’s default target date funds, which currently hold 12 stocks valued at £40m and accounting for 0.5 per cent of its investments. Stricter worldwide regulation against tobacco products, increasingly aggressive legal action …
  • Green Finance Is Now $31 Trillion and Growing 12 Jun 2019 21:22 Bloomberg.com Climate change may still be a matter of debate for some politicians, but investors are increasingly decisive. Money is gushing into any kind of asset labeled green or sustainable. The frenzy now has investors and firms alike grappling with what counts as “ …
  • New York Comptroller Plans to Expand Pension Plan’s ESG Funding 12 Jun 2019 14:01 ETF Trends New York State Comptroller Thomas P. DiNapoli has aggressive plans to expand the New York State Common Retirement Fund’s investments in environmental, social, and governance (ESG) to $20 billion over the next 10 years. As part of the plan, DiNapoli said he …
  • Press Release: State Controller, State of California, joins Responsible Business Summit West 2019 12 Jun 2019 10:51 Ethical Corporation Betty Yee, State Controller, State of California, to join #RBSWEST in October [9-10] The interest from the investment community in ESG disclosures is growing at a rapid pace, with no sign of slowing down. It’s impact is felt across businesses. That’s why I …