Sustainable funds suffered their worst outflow on record in the first quarter as investors globally withdrew a record-breaking $8.6bn throughout the period, according to Morningstar Sustainalytics. It unravelled the optimism injected in the previous quarter when inflows of $18.1bn signalled glimmers of hope for the sector. Much of this year’s outflows came from US investors, who withdrew $6.1bn – it’s…
Ashmore Group has launched its Emerging Markets Impact Debt Strategy, aiming to deliver both financial return and positive, measurable environmental and social impact aligned with the United Nations Sustainable Development Goals (UN SDGs). The SFDR Article 9 strategy will be managed by a dedicated impact team within Ashmore’s Blended Debt Sub-Investment Committee, led by Simon Cooke, head of impact debt….
Industry experts have welcomed the UK government’s decision to open a consultation on the establishment of a global framework to build trust and confidence in carbon and nature credit trading. The proposal includes a set of principles to guide and support businesses on how to use carbon credits, making clear what a good credit is, ensuring they are delivering environmental…
By: Esther Toth, Senior Industry Principal of Sustainability at Workiva The European Commission’s proposed Omnibus Simplification Package aims to streamline sustainability-related due diligence and reporting and limit mandatory disclosure to only the largest companies. However, the Commission insists these changes won’t alter the EU’s decarbonization goals or broader ambitions around the net zero transition and clean industrial strategy. Ahead of…
Mirova, an affiliate of Natixis Investment Managers, has launched a campaign writing to the 600 largest European companies asking them to raise their disclosure standards on biodiversity issues. See also: Financing nature: Why COP30 must deliver on the climate-nature nexus Launched ahead of general meetings, Mirova has sent out written questions in the campaign to all companies in the STOXX 600…
The 55th Earth Day takes place today (22 April 2025) with the theme of ‘Our Power, Our Planet’, calling for action to triple clean electricity generation by 2030. According to the International Energy Agency (IEA), the deployment of renewables for electricity generation, for heat production for buildings and industry, and in transport is one of the main enablers of keeping…