We are now publishing our ESG links on a monthly basis. You can check out the previous set of links including a look at whether burning wood can ever be green.
Quote of the Day
"The key point is that history also shows good ideas turn bad when tunnel vision and clubbiness rule supreme. Diverse perspectives, however, can reduce groupthink, offering checks and balances."
(Gillian Tett)
Asset management
- Did this asset manager exaggerate its ESG capabilities to clients? (wsj.com)
- AMG ($AMG) bought one of the leading ESG asset managers Parnassus Investments. (barrons.com)
- Oaktree Capital Management will fund a fledgling ESG investment firm, Galway Sustainable Capital. (citywireusa.com)
Ratings
- ESG ratings have some big blind spots. (ssir.org)
- Why the ESG industry would do well with better company data. (blogs.cfainstitute.org)
- MSCI ($MSCI) launched a new tool that shows how far public companies are from meeting the goals of the Paris Agreement to address climate change. (pionline.com)
- Blackstone Group ($BX) is buying ESG data provider Sphera. (reuters.com)
- An introduction to the MSCI ESG indexes. (visualcapitalist.com)
Diversity
- Some evidence that more gender-diverse boards create more innovative companies. (alphaarchitect.com)
- Adding a lone female to a board doesn't move the needle. (klementoninvesting.substack.com)
- Fidelity International is pledging to be more aggressive in its voting on climate and diversity issues. (ft.com)
ETFs
- Will investors warm to ETF manager activism, like with the Engine No. 1 Transform 500 ETF ($VOTE)? (barrons.com)
- GSAM has launched its Future Planet Equity ETF ($GSFP). (institutionalinvestor.com)
- Why ESG funds are not as green as you think. (weforum.org)
ESG
- How ESG investing has changed over time. (alphaarchitect.com)
- Why ESG is going to be more than just investing products. (riabiz.com)
- Private equity is getting dragged into ESG reluctantly. (ft.com)
- Why ESG investors should optimize their portfolios. (alphaarchitect.com)
- Why sovereign bond investors should pay attention to human rights. (ft.com)
- Why the big index fund managers still own shares in private prison companies. (businessofbusiness.com)
- Providing investors a sustainable fund option increases their equity allocations. (klementoninvesting.substack.com)
