Manager’s first climate-transition oriented private debt fund forms part of US$84 billion Global Private Debt platform. A new fund from global investment manager BlackRock aims to leverage the firm’s regional private debt and transition investing expertise to invest in companies preparing for or contributing to the low-carbon transition. Launched last week, the Climate Transition-Oriented Private Debt Fund is…

Tabula launches Article 9 ultra short bond ETF
Tabula Investment Management has launched an ETF to invest in Paris-aligned euro-denominated ultra short investment grade corporate bonds. The Tabula EUR Ultrashort IG Bond Paris-Aligned Climate UCITS ETF from the European ETF provider meets the criteria of an Article 9 fund under the Sustainable Finance Disclosures Regulation (SFDR). It also provides “significantly lower” portfolio greenhouse gas (GHG) emissions and a…

Google Rolls Out AI-Based Solution to Tackle Road Traffic Emissions
Google announced the introduction of a series of product features and expansions aimed at helping address transportation and energy emissions, including the introduction of its Project Green Light, which uses AI to help cities reduce traffic emissions in 12 cities globally. Green Light is a solution designed to reduce emissions that occur at traffic lights, which can be 29 times…

WTW Appoints Peter Carter as Head of Climate Practice
Advisory, broking and solutions company WTW announced today that it will refocus its climate practice on helping clients quantify, mitigate and transfer climate related risks. As part of the move, WTW said that it will bring its climate and Risk & Analytics capabilities more closely together under common leadership, and announced the appointment of Peter Carter as leader for the…
Net Zero Progress by Firms and Governments “Still Too Slow”
Companies that wait to transition until there is a stronger policy response will face higher costs and a shorter window to achieve net zero commitments. Climate policy response by governments and investment in clean technologies must be accelerated to keep temperature rise near 1.5°C, according to industry experts speaking at Morningstar’s ‘Sustainable Investing Summit 2023’. Ada Kinczyk, Director of Research…
CFA Bids for “More Representative” UK Investment Industry
Signatories to new code must commit to core principles, as association calls for “far more” action on DEI. The CFA Institute has launched the Diversity, Equity, and Inclusion Code for the Investment Profession (DEI Code) for the UK with the goal of accelerating change, improving representation and bolstering industry resilience. The global association of investment professionals said the code would…

Japan ‘stands to lose huge value’ unless it acts on corporate governance
In this new series for ESG Clarity Asia, we’ll be exploring the opportunities and challenges for sustainable fund selectors in each country in Asia and highlighting the regulation and policy that could affect them. Changes sustainable fund selectors should know about Corporate governance has been a particular hot button issue in Japan for some time, and there is a lot of…
Slow Corporate Response to Mental Health Crisis
Low rates of CEO advocacy, target-setting and disclosure have resulted in underwhelming overall performance against benchmark. Companies globally are getting to grips with creating a positive environment for mental health in the workplace, but progress remains slow. CCLA Investment Management’s second annual CCLA Corporate Mental Health Benchmark Global 100+ has assessed 110 of the world’s largest listed companies on…

MSCI Acquires Carbon Markets Advisory Trove Research
Investment data and research provider MSCI announced today an agreement to acquire Trove Research, a specialist data, analysis and advisory firm focused on corporate climate action, carbon markets and the energy transition. The move marks MSCI’s entry into the rapidly evolving carbon market ecosystem, which includes banks, exchanges and developers. In addition to supporting MSCI’s goal to offer expanded climate…

ESG Clarity Awards 2023: The winners
Companies and individuals that can put their head above the parapet and show continued dedication in trying times is something that should be showcased and celebrated. The past two years have been a trickier period for the responsible investment industry. More challenging market conditions have affected fund performance and flows, new regulation has tested firms’ compliance departments and product development…