We are now publishing our ESG links on a monthly basis. You can check out the previous set of links including a look at the climate risks for municipal bonds.
Quote of the Day
"It’s clear the stock market is already rewarding companies that reduce emissions with higher valuations. And because this investor response will probably grow over time, the market incentive to lower emissions will, too."
(Peter Orszag and Zachery Halem)
Gender
- An excerpt from Dominique Mielle's "Damsel in Distressed: My Life in the Golden Age of Hedge Funds." (institutionalinvestor.com)
- Reporting sexual harassment is unfortunately for many an economic decision. (klementoninvesting.substack.com)
- A list of funds that invest through a gender lens. (wsj.com)
ETFs
- The top ESG ETF launches of 2021 including the BlackRock U.S. Carbon Transition Readiness ETF ($LCTU). (etf.com)
- The Invesco ESG S&P 500 Equal Weight ETF ($RSPE) will invest in companies considered leaders in ESG metrics. (investmentnews.com)
ESG skepticism
- People are waking up to some of the contradictions of ESG investing. (bloomberg.com)
- When it comes to ESG there is a gap between what people say and what they actually do. (financial-planning.com)
- A debate over whether the ESG movement is a sideshow from the bigger picture. (wsj.com)
- The case against ESG investing is pretty simple. (advisorperspectives.com)
Stranded assets
- The transition to an electric future is going to strand trillions in assets. (wsj.com)
- What happens if insurance companies stop covering industries like coal? (nytimes.com)
Preferences
- Investors in socially resposible funds do so based on their social preferences, not financial motives. (alphaarchitect.com)
- Demand for ESG investments isn't really being driven by a desire for returns. (institutionalinvestor.com)
Private capital
- Companies and investors are in many ways ahead of governments when it comes to climate. (morningstar.com)
- Under the right circumstances, there is plenty of private capital on the way toward net-zero. (wsj.com)
- The biggest carbon reductions will come from transforming the dirtiest industries like steel and cement. (nytimes.com)
ESG
- Blackrock ($BLK) is facing pushback for its very public stance on ESG. (institutionalinvestor.com)
- Public and private sustainability funds are capturing two different return phenomena. (papers.ssrn.com)
- A look at what pension funds are doing on the ESG front. (klementoninvesting.substack.com)
- ESG has changed the nature of IPO disclosures. (advisorperspectives.com)
- COP26 is going to get more companies to attack deforestation. (morningstar.com)
- The MIT Sloan Sustainability Initiative’s Aggregate Confusion Project seeks to solve the problem of “noisy and unreliable” ESG data. (institutionalinvestor.com)
- Seven myths of ESG including 'ESG ratings accurately measure ESG health.' (gsb.stanford.edu)
