Displaying 76 results
Is tobacco ESG-friendlier than Tesla? Funds, investors don’t think so
Less than 1% of active sustainable funds have investments in tobacco producers, data from Morningstar Direct show.
J.P. Morgan adds ESG data service for institutional investors
The new service will let clients compare ESG data across providers.
BNY hires first chief sustainability officer from BlackRock
Meaghan Muldoon, who had been global head of ESG integration at BlackRock, started in her new position at BNY Mellon this month.
Efforts to sway public opinion on ESG aren’t working, survey suggests
A Gallup poll shows that people's familiarity with ESG and views about it might not have been affected by the culture wars.
Sustainable investing practice brings advisor ‘perfect’ clients
Ninety-eight percent of Eric Souder's clients are invested in socially responsible portfolios he runs that are built with institutional shares of mutual funds.
Impax North America president Keefe to retire
Joe Keefe, who has led the group and its precursor since 2005, will be replaced by Ed Farrington, the group's head of distribution.
Fund shops focused on ESG despite pushback, reports show
More than half of US asset managers see ESG as a high priority, and many are adding staff to support that.
GOP attorneys general go after climate-minded insurers
The Republican AGs are examining net-zero goals that insurance companies have agreed to as part of an industry group.
The Bud Light case for ESG
The 'anti-woke' crowd found a boogeyman in Anheuser-Busch just as it has with ESG broadly.
ESG could have saved Silicon Valley Bank
One of the nation’s largest banks experienced a series of governance lapses that resulted in the mismanagement of interest-rate risk.
Florida’s new law makes ESG murkier
The law is the 'farthest-reaching' of the actions various states have taken to restrict the use of environmental, social and governance considerations.
Why the ESG backlash has little effect on corporations
Politicians' manufactured controversies are having minimal impact in boardrooms.
Hennessy Advisors picks up more assets to support new ESG ETF
The firm will fold the $70 million of assets it bought from Community Capital Management into its first ETF, an ESG-focused product, which it recently launched with acquired assets.
Protesters block Vanguard office over climate policy
A total of 16 people, many affiliated with a Quaker group, were arrested Wednesday outside the company's Malvern, Pennsylvania, headquarters.
ESG downgrades show complicated nature of sustainability ratings
MSCI announced an adjustment that will lower its ESG scores on about 31,000 funds.
DWS ESG fund launch sets record for sales, at another ETF’s expense
A big client moved $2 billion from a different Xtrackers ESG exchange-traded fund to the new fund, the Xtrackers MSCI USA Climate Action Equity ETF.
Sustainable investing advocate US SIF names new policy director
The hiring of Rachel Curley comes amid other leadership changes at the industry group, including a new CEO.
Sustainable fund advisor Mirova US gets new CEO
Zineb Bennani has worked for parent firm Natixis since 2005.
Why that $6.2 billion outflow from an ESG ETF is not the end of sustainable investing
Excluding the iShares ESG Aware ETF, sustainable funds saw positive net sales so far this year, according to data from Morningstar Direct.
Franklin Templeton makes ESG hire from CalPERS
James Andrus had been at the pension system since 2014 and most recently served as its interim managing investment director for sustainable investing.
