UN Sustainable Development Goal 15 figures low on investors’ agenda, while their exposure to at-risk forest companies remains high.
One of the world’s most influential financiers of oil and gas remains reluctant to threaten clients with funding cuts as a means to hit net zero. The US bank argues its investment-led approach to reducing carbon intensity within sector hotspots goes far enough.
The number of ESG ETF launches shows no signs of abating, and while many are now aligning with the UN SDGs, their diversity and quality are questionable.
The proliferation of ESG indices and the funds launched off the back of them is great business, but the ESG ratings underpinning them are under intense scrutiny.
Companies need to take their heads out of the sand and deal directly with shareholders' concerns over ESG – unless they don't want to tap cheaper capital, of course.
With an estimated 25 million people in forced labour, hundreds of companies should be identifying human rights abuses every year, yet very few do. Shamefully, investors don't apply enough pressure, while existing regulations lack bite.
The European Commission wants to compel around 50,000 companies to report across a range of ESG factors. Investors, banks and NGOs are broadly aligned, but reservations exist.