Talking with those interested in sustainable investing, you often hear the 81% statistic mentioned – the 81% of retail investors surveyed by the FCA that want their money to do some good as well as achieve a financial return. It’s an inspiring figure, encouraging us to bring actuality closer to aspiration. The Investment Association’s December 2024 statistics revealed currently around 13%…
Compass launches platform to amplify stewardship efforts
Compass Insights has launched a platform designed to allow asset owners to coordinate their investments and stewardship efforts. The platform – called SaaS platform – centralises ESG data management and analysis, providing users with data that helps support decision-making, including fund monitoring, stewardship, and reporting. The firm suggests that streamlining these processes allows responsible investment teams to “amplify their voice…
IKEA Pushes Back Zero Emissions Delivery Target
IKEA parent INGKA Group announced that is has adjusted one of its climate goals, replacing its target to reach 100% emission-free home deliveries by 2025, with a new ambition to achieve more than 90% of home deliveries made by zero-emissions vehicles by 2028, citing a variety of factors including a rapid increase in online orders, and the availability of electric…
Sylvera Launches Ratings for Biochar Carbon Removal Projects
Carbon data provider Sylvera announced that it has launched its first durable carbon dioxide removal (CDR) ratings, with the introduction of ratings for biochar projects on its platform. Biochar, or biological charcoal, is produced by heating biomass, such as forest residue, wood or crop waste, in the absence of oxygen, creating a stable form of carbon, which when buried in…
BlackRock: Growing AI Power Demand to Continue Driving Energy Transition Opportunities
Expanding power needs driven by the ongoing growth in AI, alongside other structural shifts such as electrification, will continue to create investment opportunities in the infrastructure and utilities sectors, and even further growth in energy transition investment, according to a new report released by the BlackRock Investment Institute. The report forecasts that the power demand for AI will continue to…
Finance Central to COP16’s Roman Reboot
Agreement on funding and monitoring is seen as a crucial catalyst for channelling private capital to Global Biodiversity Framework goals. COP16 will resume in Rome this week with negotiators aware of the need to resolve last November’s impasse to stimulate the flow of private investment toward nature and biodiversity restoration. Parties failed to reach quorum in Colombia last year on…
Shareholders Fight Back Against “Coordinated Attack” from US Policymakers
Industry experts highly concerned over anti-ESG actions, as investor-led report looks to galvanise pushback on infringed rights. Proposals from sustainability-focused shareholders are increasingly under pressure, as US policymakers and anti-ESG proponents accelerate efforts to erode their ability to hold companies to account. Rule changes announced by the US Securities and Exchange Commission (SEC) earlier this month are widely seen as…
City Hive appoints Wall and Coombs to ACT Council
City Hive has appointed Hargreaves Lansdown’s Emma Wall (pictured left) and Rathbones’ David Coombs (pictured right) as chairs of the ACT Stewardship Council and Global Leadership Council. City Hive launched the ACT standard of corporate culture in May 2022, aiming to provide professional investors with a framework to understand and progress cultural change in a standardised way. Wall, who is…
Standard Chartered Earns Nearly $1 Billion in Annual Sustainable Finance Income
International banking group Standard Chartered announced that it achieved $982 million income generation from sustainable finance in 2024, growing by 36% year-over year. Announced with the release of the bank’s 2024 annual report, the growth in sustainable finance income brings Standard Chartered within reach of its goal to reach $1 billion in annual income from sustainable finance by 2025. The…
Standard Chartered Earns Nearly $1 Billion in Sustainable Finance Income
International banking group Standard Chartered announced that it achieved $982 million income generation from sustainable finance in 2024, growing by 36% year-over year. Announced with the release of the bank’s 2024 annual report, the growth in sustainable finance income brings Standard Chartered within reach of its goal to reach $1 billion in annual income from sustainable finance by 2025. The…