13th April 2021
S&P500 ESR 2,722.28 ↓ -2.61%

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Coronavirus Will Realign Investors’ Priorities

The deadly virus is a stress test, of sorts, for the challenges of climate change, says Market Watch. The crisis points to the potential of a new normal that’s better for our climate future as investors reweight their portfolios in light of current events.

AI and its Influence on ESG Data

A new report from Greenbiz and Trucost evaluates the fivefold growth in corporate sustainability reporting over the past decade, and looks at how automation and artificial intelligence are being leveraged to both generate and evaluate ESG data.

BlackRock Commits $50bn to COVID-19 Relief Efforts

The first tranche of US$18 million in funding has been deployed to food banks and community organisations across America and Europe working directly with vulnerable populations. In Asia since January, BlackRock has provided support to Give2Asia, where its funding earlier this year supported the Wuhan Jinyintan Hospital.

BlackRock Releases 2020 Stewardship Priorities

BlackRock has released its Engagement Priorities for 2020 outlining its roadmap for investment stewardship this year. The Priorities also further BlackRock’s commitment in January to make sustainability its new standard for investing.

The coronavirus outbreak is terrible news for climate change

It appears increasingly likely that the global coronavirus outbreak will cut greenhouse-gas emissions this year, as deepening public health concerns ground planes and squeeze international trade. But, warns Technology Review, the situation could complicate the challenges of climate change at a point when it was crucial to make rapid strides.

Aussie super funds get heat over climate change stance

The bushfires that devastated huge swaths of Australia over the past six months have left the engagement policies at the center of the superannuation industry's efforts to address climate change risks under growing scrutiny, says Pensions & Investments.

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World Economic Forum Releases Framework to Help Business Identify ESG Factors for Long-Term Resilience

ESG factors with financial impact on a company can change over time; identifying these factors before they arise is important for a company’s long-term strength. And as proven by the unexpected impacts of COVID-19, companies already see the need to prepare for financially material business factors which can change rapidly. With this in mind, the World Economic Forum has developed a new framework to help companies incorporate this analysis into their growth plans. The white paper, Embracing the New Age of Materiality: Harnessing the Pace of Change in ESG, determines that what is financially immaterial to a company or industry today can become material tomorrow, a process called “dynamic materiality”. The white paper also introduces a new framework analyses how ESG issues have become financially material over time. “As we’re learning in real-time with the outbreak of COVID-19 and its unexpected impacts, today’s companies must increasingly account for non-financial factors in their long- and short-term business plans,” says Maha Eltobgy, Head of the Future of Investing at the World Economic Forum. “As companies look to adapt their value‑creation plans in the new business landscape, they must optimise performance against current and future material ESG issues to safeguard their companies and ensure long-term...

Over 80% of Companies Remain Off Track for a 2˚C World

The Transition Pathway Initiative’s annual State of Transition report assesses 238 energy, industrial and transport companies on their projected emissions intensity or ‘Carbon Performance’. It finds that 43 companies (18%) have emissions trajectories in line with limiting climate change to 2°C – a slight improvement on 16% aligned with this benchmark last year. Daimler and Shree Cement are among the companies to have come into alignment since last year. The State of Transition report is the investment community’s most prominent gauge on whether the global economy is on track to fulfil the goals of the Paris Agreement. It finds that the transition is well under way in some sectors such as shipping, paper and electric utilities, while oil & gas and airlines lag significantly behind in carbon performance. “TPI’s results show that 4 in 5 high-emitting companies remain wide of the mark in their climate performance and that will worry the markets.  Most of the world’s largest investors have accepted climate change as a material financial risk, yet today’s results show companies are not responding with the ambition and pace required," says Loretta Minghella, First Church Estates Commissioner, Church Commissioners for England. "These results raise a red flag for COP26 in November, when the aspirations set...

Matrix IDM Incorporates ESG Data

Matrix IDM, a solution provider to asset owners and managers, today announces the latest release includes as standard the ability to store, analyse and manage ESG data. The platform’s unique look through capability enables asset owners to classify and manage investments according to their ESG attributes across their entire portfolio. ESG factors can be integrated into Matrix IDM’s Rebalancer module enabling decision makers to monitor and act on ESG exposures alongside traditional strategic asset allocation and factor models. ESG data is becoming increasingly important as investors view these indicators as paramount to a firm’s ability to generate sustainable long-term performance. Neil Lotter, CO-CEO, Matrix IDM comments: “Many of our customers are accounting for ESG risks and opportunities within individual components of their portfolios. They recognise that this can lead to more informed investment decisions and better social and investment outcomes. Incorporating this information as a standard into our platform means that our users can make better informed, sustainable investment decisions across all asset classes.”
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