BlackRock’s Sustainable Investing Push

Whereas, in the early stages, responsible investing meant excluding from portfolio highly controversial and problematic stocks, such as gunmakers. Nowadays, responsible investment means selecting carefully the assets in portfolio and constantly monitoring to be investing in companies that behave in a sustainable way, respect human rights and environmental standards and…

Continue reading

ECB under pressure to ditch climate polluters from balance sheet

The European Central Bank should take “concrete action” to help tackle the climate crisis, more than 160 academics and civil society groups said in a letter to new ECB chief Christine Lagarde. “The most powerful financial institution in Europe cannot just sit passively as we witness a growing environmental crisis,”…

Continue reading

Hedge Funds Putting More Focus on ESG

Hedge funds are starting to face the increasing interest in responsible investing. According to the survey by BarclayHedge, a division of technology firm Backstop Solutions, four out of ten hedge fund managers now consider environmental, social and governance (ESG) ratings in their capital allocation decision. The reason might be explained…

Continue reading