The $40 million fund invests at least 80% of its net assets in stocks of large cap companies that meet ESG criteria determined by the portfolio managers.
A Schroders study, which surveyed more than 23,000 individuals globally, found people seek sustainable investments for multiple reasons.
Thomas is partnering with former Bank of America credit specialist Anthony Hoye to provide financing to minority and women-led businesses.
'Attestation' will lead to more reliable data for investors, but there are hurdles to overcome first.
But for sustainability-linked bonds, sales are up 18% year-to-date compared with this time in 2021, according to S&P.
A survey of pension fund managers responsible for nearly $2 trillion worth of assets shows asset allocation decisions are being driven by a focus on climate change and a search for yield.
The largest American insurance companies have uneven track records with diversity when it comes to selecting asset managers.
The Carbon Strategy ETF, which is listed on NYSE Arca, will hold futures contracts on carbon allowances in emissions trading systems in Europe and North America.
Woll has been the face of one of the most prominent organizations supporting sustainable investing for 16 years.
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 top Republican on the Senate Banking Committee pressed the SEC chair to scrap an agency proposal to require climate reporting by public companies.
The firm's other active sustainable exchange-traded fund, Climate Change Solutions, launched in 2021.
A roundup of the week's fintech news includes Cetera's adoption of Broadridge's new digital communications tool, Orion's reorganization and Morningstar's attempt to make sustainable investing more engaging.
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.
