UBS announced the appointment of Beatriz Martin Jimenez as its new Group Executive Board (GEB) Lead for Sustainability and Impact, taking the role over from Suni Harford, following her decision to retire from the bank. Martin Jimenez joined UBS in 2012, and has held a series of senior business and finance roles at the bank, including Investment Bank Chief of…
More than half of investors are planning to increase their allocations to sustainable investments over the next year, as interest in sustainable investing remains high, and continues to grow, according to a new study released by Morgan Stanley, which found that a large majority of investors believe that strong ESG practices can lead to better long-term returns. For the report,…
The improvements witnessed so far in Japan are just the start of a long-term upward trend in corporate reform in the nation, Man GLG portfolio manager Emily Badger, who said corporate Japan is “undergoing the most radical reform in a generation”. After the Tokyo Stock Exchange (TSE) announced an improvement order to require any company trading below a price-to-book value…
The Financial Conduct Authority’s policy statement and final rules on Sustainability Disclosure Requirements (SDR) and investment labels, published last November, contained a number of different implementation dates, ranging from the end of May 2024 to December 2026. Although the timeline is longer, it may feel similar in nature to the implementation of the Consumer Duty last July, which came with…
The UK is on track for a general election this year, with current Prime Minister Rishi Sunak hinting it will likely take place in the second half of 2024, though he could string out his term until January 2025. Ahead of a flurry of candidate promises, ESG Clarity asked the sustainability sector for its essential ESG policy wish list. Policy…
EdenTree Investment Management has appointed a chair of its responsible investment advisory panel. Will Oulton (pictured) takes up the role, bringing a wealth of experience from across the sustainable investment arena. He is currently chair of the European Sustainable Investment Forum (Eurosif), a non-executive director and board champion for ocean recovery at the UK-based Marine Conservation Society, as well as…
The Jeremy Coller Foundation has appointed Fiona Reynolds, former chief executive of Principles for Responsible Investment (PRI), in an advisory role as president of the FAIRR initiative and the Coller Pensions Institute (CPI). Founded in 2015, the FAIRR initiative provides market data, research and tools to help investors understand ESG risks and opportunities in the global food sector. The initiative…
Jupiter Asset Management has launched five Article 8 funds to be managed by its systematic equities team. The range will include the Systematic Disruptive Technology fund, the Systematic Consumer Trends fund, the Systematic Healthcare Innovation fund, the Systematic Demographic Opportunities fund and the Systematic Physical World fund. Amadeo Alentorn (pictured), lead of the investment team for the funds, has been…
The U.S. Department of Energy announced investments of over $250 million aimed at advancing projects and technologies to decarbonize the industrial sector, including $171 million for 49 selected projects to reduce industrial greenhouse gas emissions, and the opening of applications for $83 million of funding targeting hard-to-decarbonize sectors, such as chemicals, steel, food, and buildings. The advancement of industrial decarbonization…