Rebecca Schlagenhauf, Principal at Baird Capital, makes the case for investing in solutions for water quality and scarcity. The world is facing an escalating water crisis, with water scarcity impacting billions of people globally. According to UNICEF, nearly two-thirds of the world’s population, or four billion people, experience severe water scarcity for at least one month each year. By 2025,…
Making an Impact: SDGs and ESG
Gavin Smith, Head of Equity Research and Sustainable Investing at PGIM Quantitative Solutions, argues a balance can be struck between investing in line with values and financial performance. Financial returns have always been the primary objective for institutional investors. Increasingly, however, they are also rightfully considering the means by which these returns are generated, expressing concerns about investing in companies…
A Less Fragmented Approach
The UN must bring about greater international cooperation to realise Paris goals, according to Antoine Rostand, President and Co-founder of Kayrros. As the leading global authority on the climate, the UN has played an outsized role in pushing countries to address climate change. The most well-known act in this respect was the creation of the Paris Agreement, the aim of…
JERA Nex Enters U.S. Solar Market with 395 MW Acquisition
Renewable energy company JERA Nex announced the acquisition of two U.S. solar projects, totaling 395MW from Lightsource bp, marking the new company’s entry into the U.S. solar market. JERA Nex was launched in April by Japan’s largest power generation company, JERA, with a mandate to develop, invest, own and operate renewable energy assets, including offshore and onshore wind and solar,…
SEC Defends its Climate Disclosure Rule in Court
The U.S. Securities and Exchange Commission launched a defense in court of its new climate reporting rule, arguing that the proposed disclosures in the rule provide “information directly relevant to the value of investments,” and that it is within the Commission’s authority to mandate climate risk disclosures. In a brief filed this week with the U.S. Eighth Circuit Court of…
UK to Introduce Law to Regulate ESG Ratings Providers
The UK government will introduce legislation aimed at regulating ESG ratings providers in 2025, according to a speech Wednesday by Chancellor of the Exchequer Rachel Reeves, and confirmed today in a statement by the finance ministry, HM Treasury. The statement said that “the Chancellor sees an opportunity to work with industry to drive more investment and cement the UK as…
Governor Newsom Proposes Delay of California Climate Disclosure Laws
On July 15, 2024, Governor Gavin Newsom proposed amendments that would, among other things, delay initial reporting deadlines for two of California’s recently enacted climate-related disclosure laws by two years. Governor Newsom signed the two bills, Climate Corporate Data Accountability Act (California Senate Bill 253 (SB-253)), relating to greenhouse gas (GHG) emissions disclosures, and the Climate-Related Financial Risk Act (California Senate Bill…
Governor Newsom Proposes Delay of California Climate Disclosure Laws
On July 15, 2024, Governor Gavin Newsom proposed amendments that would, among other things, delay initial reporting deadlines for two of California’s recently enacted climate-related disclosure laws by two years. Governor Newsom signed the two bills, Climate Corporate Data Accountability Act (California Senate Bill 253 (SB-253)), relating to greenhouse gas (GHG) emissions disclosures, and the Climate-Related Financial Risk Act (California Senate Bill…
Watching the Watchmen
As increasing workplace surveillance creates more corporate controversies, the ICCR’s Nadira Narine calls on investors to put workers’ rights at the top of the engagement agenda. Excessive workplace surveillance resulted in a €32 million fine for Amazon at the start of this year, after French regulators ruled the use of scanners to monitor “every detail of employees’ quality and productivity”…
JPMorgan’s Campbell Global Wins Mandate for New Evergreen Timberland Fund with Nest
UK pension scheme Nest announced today the appointment of J.P. Morgan Asset Management’s timberland investment advisory company Campbell Global to establish a new evergreen timberland fund. Under the new agreement, Campbel Global will seek out opportunities for Nest in key global markets including the U.S., Australia, New Zealand and Chile, providing the pension scheme with a global portfolio of direct…