We are now publishing our ESG links on a monthly basis. You can check out the previous set of links including a look at what the IPCC report may change.
Quote of the Day
"The ESG movement’s biggest disservice is the message that it has given those who are torn between morality and money, that they can have it all."
(Aswath Damodaran)
Diversity
- Female-founded asset managers are not gaining share. (institutionalinvestor.com)
- There's little evidence that female founders are making headway among VCs. (news.crunchbase.com)
- More evidence that more gender diversity makes for better performance. (institutionalinvestor.com)
- Private company boards have not had the same attention paid to them when it comes to diversity. (nytimes.com)
ETFs
- How Blackrock ($BLK) became the number one issuer of ESG ETFs. (wsj.com)
- How much traction will dual-impact ETFs garner? (etf.com)
- ESG is coming for muni bonds including the VanEck HIP Sustainable Muni ETF ($SMI). (barrons.com)
- ESG ETFs don't focus on companies improving their scores. (ft.com)
Asset management
- Three key priorities for asset managers running ESG funds including 'Control spiraling ESG costs, including those around data and stewardship.' (blogs.cfainstitute.org)
- What investors need to know about ESG investing. (peterlazaroff.com)
- This is a real blind spot for ESG strategies. (humbledollar.com)
- Why shorting should be a part of an ESG strategy. (aqr.com)
Shareholder activism
- Some background on how Engine No. 1 approaches shareholder activism. (assets.contentstack.io)
- Kenneth P. Pucker, "Shareholder engagement is also proving to be a compelling vehicle to deliver social and environmental impact." (institutionalinvestor.com)
Green bonds
- Higher ESG scores are associated with lower bond spreads. (advisorperspectives.com)
- Institutional investors are loading up on loans backed by residential solar. (wsj.com)
- The Pax High Yield Bond is living up to its ESG mandate. (barrons.com)
- Walmart ($WMT) has entered the green bond game. (axios.com)
ESG
- A good definition: "Sustainable investing seeks to deliver competitive financial results, while also driving positive environmental, social, and corporate governance outcomes." (morningstar.com)
- What the Harvard endowment is doing with its fossil fuel holdings. (theconversation.com)
- Green companies build their products sustainably from the start. (ft.com)
- A four-step process to creating a more sustainable portfolio. (morningstar.com)
- How to find an adviser that focused on ESG. (wsj.com)
- ESG rating services are not all that correlated. (alphaarchitect.com)
- Should ESG funds be in 401(k) plans? (wsj.com)
