We are now publishing our ESG links on a monthly basis. You can check out the previous set of links including a look at surging corporate demand for renewable energy.
Quote of the Day
"For investors, this means that there is a clear inefficiency in ESG investing today. Most ESG investors and most market participants seem to underestimate the efforts of mining and energy companies to become more sustainable."
(Joachim Klement)
Board diversity
- Board diversity is set to be a big theme in the next proxy season. (pionline.com)
- A barrier to more diverse boards: some companies don't allow non-C-suiters to serve on outside boards. (nytimes.com)
- Norway's giant SWF is pushing companies to put more women on their board of directors. (reuters.com)
- Only one company in 2020 went public in the U.S. with an all-male board. (bloomberg.com)
Governance
- Most companies don't have board members conversant in ESG and climate. (ft.com)
- How to assess a company's diversity and inclusion efforts. (blogs.cfainstitute.org)
- To better implement ESG changes, management is going to need a new Balanced Scorecard. (hbr.org)
- Good corporate governance makes it easier to gain headway on social and environmental issues. (klementoninvesting.substack.com)
Blackrock
- Like it or not, Blackrock ($BLK) and CEO Larry Fink are big players in how ESG is going to evolve. (morningstar.com)
- When Larry Fink speaks, companies take note. At least in their filings. (institutionalinvestor.com)
Factors
- The factor loadings of ESG stocks are not static. (alphaarchitect.com)
- Why ESG investors have a large cap bias. (klementoninvesting.substack.com)
- Has ESG just been one big momentum trade? (citywireusa.com)
Money management
- How does a money manager pivot to an ESG-aware strategy? (blogs.cfainstitute.org)
- Positive ESG developments attract fund manager interest. (papers.ssrn.com)
- Like it or not, ESG strategies will over time get evaluated on their performance. (bloombergquint.com)
ETFs
- Humankind Investments has launched the Humankind US Stock ETF ($HKND). (citywireusa.com)
- Just how green is your ESG ETF? (ft.com)
Ratings
- The FT is getting back into the index business focused on ESG. (ft.com)
- ESG ratings for company often differ, but about when they REALLY differ? (institutionalinvestor.com)
Green energy
- The world's biggest investment managers, like Vanguard, still hold big positions in companies mining and burning coal. (ft.com)
- Big Tech loves to buy green energy. (ft.com)
ESG
- Royal Dutch Shell ($RDS.A) is weaning itself off the oil business. (nytimes.com)
- Pension funds want private equity to step up their ESG game. (institutionalinvestor.com)
- On the relationship between ESG disclosure and potential shareholder litigation. (klementoninvesting.substack.com)
- In the history of the Fortune 500 there have only been 19 black CEOs. (fortune.com)
