A group of 13 signed an open letter that calls out moves against ESG criteria being used in investing public money as politically motivated.
The firm's other active sustainable exchange-traded fund, Climate Change Solutions, launched in 2021.
The industry is looking at younger clients with a focus on millennials and Gen Xers for ESG growth and future investment.
Jackie VanderBrug has been appointed Putnam’s head of sustainability strategy, reporting to CEO Robert Reynolds.
A group of 19 state attorneys general had demanded answers from the asset manager about ESG.
The firm, which ramped up its presence in the ESG world over the past few years, can’t seem to please everyone, despite its efforts.
Lower moods are linked with risk aversion, and that might drive people to sustainable funds.
Compared with general shareholder votes, defined-benefit programs were much more likely to support resolutions around ESG governance and worker protection.
The fund, bearing the name of Milwaukee Bucks power forward Giannis Antetokounmpo, would exclude fossil fuels, mining and other activities.
Amid a growing anti-ESG movement, sustainable investors want to correct misinformation.
