A selection of the major stories impacting ESG investors, in five easy pieces. This week, it was a close call as to who was least prepared for COP16. Nature trail – An absence of urgency has continued to characterise preparations for COP16, which starts in the Colombian city of Cali next Monday. This week, The Guardian revealed that only 25…
Why Should Investors Care About Anti-microbial Resistance?
Maria Larsson Ortino, Senior Global ESG Manager at Legal and General Investment Management, outlines the role of asset owners and managers in avoiding a new pandemic. From recent experience, we know the catastrophic impact that Covid-19 had on society. In our view, anti-microbial resistance (AMR) has potential to deliver similar, sustained levels of damage, both to public health and investor…
Green Bonds Down the Drain
Kevin Leung, Sustainable Finance Analyst for European Debt Markets at IEEFA, explains the implications of Thames Water’s debt crisis for other UK issuers. Thames Water’s financial trouble has been brewing for over a year. The British water utility has been hinging on the prospects of equity injections, following the default of parent company Kemble in April. On 26 September, the…
A New Ray of Light
Wilson Chang, CEO of Sunrock Distributed Generation, highlights the role of solar and storage in the US’s journey to net zero and the opportunity this offers to investors. Electricity demand is increasing dramatically due to widespread adoption of artificial intelligence, crypto, electric vehicles, and the shift towards a digital world. In the US, it is estimated that electricity consumption will…
Amazon Joins Tech Giant Peers in Move to Nuclear to Tackle AI Carbon Footprint
Amazon announced a series of new deals, and a $500 million investment, kicking off an expanded move to nuclear energy as a component of its strategy to address the increasing climate impact of its rapidly growing data center footprint. The announcement marks the latest in a series of nuclear deals signed by the world’s largest tech companies, including Google’s small…
The Great Labelled Bond Debate
Sarah Peasey, Head of Europe ESG Investing at Neuberger Berman, discusses climate-focused investor engagement with labelled and unlabelled debt issuers. The labelled bond market – including green and social bonds – has grown rapidly in recent years, reaching US$5.1 trillion in the first half of 2024, or 4.2% of global debt issuance, according to a recent Climate Bonds Initiative report….
UK Sustainable Housing Boosted Against Mixed Backdrop
Latest GRESB real estate benchmark shows embodied carbon emissions are missing from most net zero plans. Real estate investors with an eye on environmental and social impact got an uplift this week after the UK government announced £550 million (US$714.5 million) in commitments to “get Britain building again”. Schroders, Man Group and Resonance were named as asset managers backing the government’s ambition…
Stewardship Tools Evolve to Meet Rising Demand
Maanch enhances stewardship platform as fast-changing expectations lead to new pressures on service providers to support collaboration. The vital and expanding role of stewardship in reaching sustainable investment goals is prompting a step change in the technology deployed to support it. One example is provided by UK-based stewardship solutions provider Maanch, which recently further enhanced its Engagement Tracker platform with…
Engaging Employees to Reduce Carbon Emissions through Gamification
As businesses work to reduce their carbon emissions, employee engagement becomes a critical factor in achieving real, lasting change. When employees actively participate in sustainability initiatives, they help drive progress. But how can companies make carbon reduction engaging?
EV Battery Analytics Provider Liminal Raises $10 Million
Liminal, which uses ultrasound and machine learning to improve the quality and performance of batteries, announced that it has closed a $10 million strategic investment round led by LG Technology Ventures, the venture capital arm of the LG Group. The round also included new support from Chailease Holdings as well as participation from other current investors, including ArcTern Ventures, University…