Global warming has been an issue for many years now. It is often regarded as a long-term challenge. That is certainly true, except that the “long term” is now close at hand, and climate change's economic impact can already be measured in several major economies...
BNP Paribas Asset Management (‘BNPP AM') announces its plan to implement an enhanced coalexclusion policy, accelerating its commitment to tackle climate change by divesting from the single
largest source of carbon emissions.
Nordea launched a fund that will capitalize on the growing evidence of gender balance within a company being positive for earnings. The Global Gender Diversity Fund will invest in companies that actively seek to improve the gender balance. This increases the likelihood of finding the best employees possible and thus of optimising results.
ETFGI reported that Environmental, Social, and Governance (ESG) ETFs and ETPs listed globally gathered net inflows of US$730 million during January. Total assets invested in ESG ETFs and ETPs increased by 9.97% from US$22.47 billion at the end of December, to a record US$24.71billion, according to ETFGI's January 2019 ETF and ETP ESG industry landscape insights report.
In March 2018, the European Commission adopted an action plan to integrate sustainable finance within the financial system. For this purpose it asked EIOPA and ESMA to submit proposals on how to take ESG and climate risks into account under Solvency 2 and the Insurance Distribution Directive.