Nature-related reporting is a largely voluntary practice, but experts believe that it can confer a competitive advantage upon companies and investors. Advocates of nature-related reporting believe in its importance for the future of our planet, also recognising the risks that a deteriorating natural world poses for businesses. The Taskforce on Nature-related Financial Disclosures (TNFD) identifies four nature related-issues: an organisation’s…
ESMA study finds adding ESG-related terms to fund names increases inflows
Adding an ESG term to the name of a fund has “a significant impact” on fund inflows during the five quarters following the name change, according to the latest study published by the European Securities and Markets Authority (ESMA). The report – Fund names: ESG-related changes and their impact on investment flows – shows that adding an ESG term can…
University of Cambridge to develop first global bond index to address fossil fuel expansion
Researchers at the University of Cambridge have developed what they describe as the first global corporate bond index that covers fossil fuel producers, utilities, insurance and financing in an effort to support investment strategies focused on companies working to reduce real-economy emissions. Launching on Bloomberg Index Services Limited (BISL) later this year, the Bloomberg Cambridge University fixed income index is…
GM Appoints Dell’s Sustainability Head as New Chief Sustainability Officer
Automotive giant General Motors announced the appointment of Cassandra Garber as its new Chief Sustainability Officer. Garber joins GM after serving as CSO for technology giant Dell. The new appointment follows the retirement in November 2024 of GM’s former CSO Kristen Siemen after 30 years with the company. In her new role, Garber will oversee GM’s commitment to responsible business…