London Stock Exchange ("LSE") signed a deal with investment funds affiliated with Blackstone and Thomson Reuters to acquire Refinitiv, financial data and trading platforms provider. Refinitiv shareholders will acquire a stake of approximately 37 per cent economic interest in LSEG and less than 30 per cent of the total voting rights...
Investors seeking more than just financial return face the risk to issue bonds that are green in the name only. According to Financial Time, “the green bond market is growing faster that ever, and companies and government have borrowed more than $100bn so far this year”. However,...
“Credit rating agencies should not be explicitly required to consider environmental, social and corporate governance (ESG) factors when assessing issuers’ creditworthiness, according to the EU financial markets watchdog.” This is what IPE claims right after ESMA (European Securities and Markets Authority) decision of excluding the explicit...
A US$ 500m ETF run by Vanguard that claims in its marketing material to specifically exclude "fossil fuel" stocks invest in several companies in the oil and gas industry, including oil services company Schlumberger, pipeline company Kinder Morgan and crude oil refiner Marathon Petroleum, as of...
According to Financial Times, time has come for us and for companies to stop talking and starting taking serious actions towards climate change. And this is what Virgin Group CEO, Josh Bayliss assessed in an interview with the Business Green news website. He pointed out the...
As the Financial Times pointed out, a vast amount of deals occurred recently that involved ESG rating agencies. For example, Moody’s announced last month that it had bought a majority stake in Vigeo Eiris. But, even if these deals did not caught much attention by the press and the...
Moody’s Corporation announced the acquisition of a majority stake in Vigeo Eiris, leader in ESG research, data and assessments. The acquisition is part of Moody’s wider objective of promoting global standards for ESG for use by market participants and reflects the progressive significancy that ESG analysis is...
Since the late-2000s, agricultural expansion in Latin America has been supported through land clearing in Brazil’s Cerrado. Roughly 50 percent of Cerrado vegetation has been converted to agriculture and pastures with a rapid spread of deforestation and land conversion due to soy and other commodities. The industry's...
Institutional Shareholder Services Inc. (ISS), leading provider of end-to-end responsible investment and governance solutions to the global financial community, announced it had entered into a definitive agreement to acquire Strategic Insight, a leading provider of data, business intelligence, and research to the global investment management...
Institutional Shareholder Services Inc. (ISS) announced the acquisition of oekom research AG as of March 15, 2018. Oekom is a leder in providing environmental, social and governance (ESG) rating and dara and in carrying on research on sustainable investments. The acquisition will result in the creation...
The University of Edinburgh is dumping all its fossil fuel investments, making it the largest UK university endowment fund to be completely free of all coal, oil and gas holdings. Following this decision, the University of Edinburgh will sell its final £6.3m of fossil fuel...
NY City has set a goal of divesting New York’s $189bn pension funds from fossil fuel companies within five years in what NYC officials say would be “among the most significant divestment efforts in the world to date”. Currently, New York City’s five pension funds...
As of July 24, 2017 Morningstar, a leading provider of independent investment research with heaquarters in Chicago, announced that it had acquired a 40% ownership stake in Sustainalythics. Nearly two years after partnering with Sustainalytics to develop ESG ratings of funds, Morningstar acquired the 40% stake...
The article “Today situation” by Daniela Carosio, SVI Senior Partner, was published in the Ned Community online review Nr. 30 as of February 2017. February 2017 represents a crucial period in Italy. Climate imbalances are making the human and economic costs deriving from disasters such as Rigopiano avalanche very...