Managers of Wealth

Why EU Climate Weapon Is in the Financial Fine Print

The EU is committed to meeting the targets of the Paris Agreement, and with new leaders just taking their posts, its ambitions are higher than ever.

Beyond the ESG hype

Purists may disagree, but ESG has generally come to be understood as a catch-all term for the broader theme of ethically and socially responsible investing.

Standard Chartered has released its Taskforce on Climate-related Financial Disclosures report

In September 2018, the Group announced steps it is taking to measure, manage and ultimately reduce the emissions related to its activities and those related to the financing of its clients.

Geneva PM: the balance between ESG and performance is changing

Managing money is a profit-oriented activity and clients are coming to banks or investment managers to secure their wealth and generate performance over the long term.

HSBC takes wealthy clients to Borneo to promote climate change awareness

The bank invited HSBC Jade clients from mainland China, Hong Kong and Singapore to engage in a myriad of activities including habitat assessment

Goldman Sachs pledges $1.1 trillion to environmental causes by 2030

Goldman's policy changes come just as the United Nations concludes a conference that failed to ramp up efforts to combat global warming.

Sustainability is the future

“This is the cusp of the big opportunity, and I hope we’re all in it together, as definitely Guernsey is.”

Hype Around Green Investing Has Norway Warning of ‘Exploitation’

In western Europe’s biggest oil producing nation, the financial Baltzersen oversees a market pumped up by decades of reliance on fossil fuels, making Norway one of the richest places on Earth.

Villains or visionaries? Hedge funds short companies they say 'greenwash'

Teenage climate activist Greta Thunberg last week spoke of CEOs masking inaction with “creative P

ESG controversies wipe $500bn off value of US companies

Environmental, social and governance funds hit the $1tn asset mark last year

Long wait seen for electric planes despite historic first flight

An all-electric commercial plane took off close to Vancouver, Canada on 10 December and flew for less than 15 minutes, unleashing hopes that fuel-guzzling jets could be replaced by a green alternative.

To axe first-class or low-cost flying, that is the climate question

Making flights more expensive will hurt those for whom €20 in new taxes, say, is the difference between flying and staying home

10 times when sustainability was (sort of) funny in 2019

Sustainability is a notoriously depressing sector to cover. But Eco-Business found a few stories from 2019 that stopped us from reaching for the Xanax.

ESG Strategies May Help Investors Beat Market Returns

Sustainable investing will be key source for alpha, he says

Nuns take on BlackRock over climate change

Sisters of Mercy of the Americas add voice to those of Al Gore and other critics of the $7tn fund manager

The difficulty with the EU’s sustainable investment rules

Creating classifications of social worth does little to support genuine impact investing

Index investors should not be passive owners when it comes to ESG

From social housing to clean energy, asset managers can invest in solutions to pressing problems

European Commission: European Green Deal

Striving to be the first climate-neutral continent

Climate risks are not priced into market valuations, and corporate climate disclosures are insufficient: GSIA poll

Globally, 92% of respondents agreed that the TCFD recommendations are helpful and 92% agreed that they will help investors to limit the global average temperature rise to less than 2°C.

World’s first marine cemetery: “A reminder of the destruction”

According to the report, the amount of plastic we have generated on the earth is enough to create a walkway to another planet.

Planet SOS