Stay up to date with free updates Simply register for the ESG investing myFT Digest — straight to your inbox. Shareholder support for environmental and social issues at U.S. companies has declined for the second year in a row as high-profile campaigns by progressive investors at ExxonMobil and Starbucks failed to gain traction. According to … Read more
Stay up to date with free updates Simply register for the ESG investing myFT Digest — straight to your inbox. BlackRock is backing a coalition of U.S. police and firefighter unions that is pushing to keep politics out of pensions, a recent effort to counter the backlash against environmental, social and governance (ESG) investments. The … Read more
The IFRS Foundation’s International Sustainability Standards Board (ISSB) today announced a series of steps aimed at harmonizing sustainability reporting requirements for companies, focusing on areas such as the disclosure of companies’ climate transition plans and the measurement of greenhouse gas emissions (GHG) across the entire value chain. chain. Under the new initiative, which is part … Read more
Global investors are turning away from sustainable-oriented stock funds as poor performance, scandals and attacks from US Republicans increase enthusiasm for a much-hyped sector that has raked in trillions of dollars in assets. According to research from Barclays, clients have withdrawn a net $40 billion from environmental, social and governance (ESG) equity funds this year. … Read more
Climate research and environmental information system provider CDP today announced the launch of a new platform aimed at streamlining and simplifying corporate sustainability reporting and harmonizing with emerging global standards. As part of the new launch, CDP has unveiled a new questionnaire aligned with the International Sustainability Standard Board’s (ISSB) new climate information standard, IFRS … Read more
Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. In April this year, Unilever CEO Hein Schumacher announced that the company was entering a “new era for sustainability leadership,” signaling a shift from the central priority promoted under his predecessor Alan Jope. While Jope … Read more