ESG is only used in 5% of corporate DC plans, according to Callan. Use by institutional investors also varies a lot by geography.
Firms that have recently disclosed interim portfolio decarbonization targets are on track to cut their CO2 footprint by just 20% this decade, according to nonprofit Universal Owner.
The eighth day of the conference saw announcements on climate resilience and ocean risks, and an appearance by former U.S. President Barack Obama.
Nature Day on Saturday saw farming, agricultural and ‘nature positive’ pledges from governments and companies.
Some 20 countries stated that, from 2022, they will no longer fund unabated fossil fuel projects abroad.
Private capital would prove more critical to reaching the Paris Agreement aim of net-zero carbon emissions by 2050.
Institutions with more than $8.7 trillion in assets, including Aviva, Schroders and Axa, have committed $7.2 billion to eliminate investment in activities resulting in deforestation.
BlackRock CEO Larry Fink says public markets can’t navigate path to net zero alone, and shares his view on ‘reimagining emerging markets.'
The change is the latest attempt by the agency to make it easier for shareholders to take action on hot-button issues like race and climate change.
Sustainable investing is expanding rapidly, and part of its evolution hinges on technological innovation.
A supply-demand imbalance has pushed energy sector stocks up 56% so far this year, while a natural gas ETF has spiked 110%.
Geeta Aiyer has dedicated her career and personal passion to using finance to support social good via ESG and impact investing.
A relatively strong third-quarter performance by some types of environmental, social and governance funds reignites the debate over ESG alpha.
The nonprofit supporting sustainable investing suggests six steps advisers can use to start or strengthen a sustainable investment practice.
The Labor Department's proposed ESG rule is a great step forward. The transition to a more sustainable economy will require increased attention to material risks and opportunities, including those related to ESG factors.
The London-based firm, which manages more than $785 billion, plans to give portfolio companies time to adopt to its tougher CO2 requirements.
Treasury Secretary Janet Yellen led the panel of top federal regulators that issued the report on climate change, including tentative recommendations for how agencies should begin preparing to contain the risk.
A Capital Group survey released during Schwab Impact cites a lack of consistency in ESG scores, varying company disclosures and differing third-party ratings.
Congress likely would propose more sustainable infrastructure investment once the ball gets rolling, expert says at Schwab Impact.
Democratic bills in Congress would codify the Biden administration's proposal, but Republican support is lacking.
