The firm said building out its benchmarks & indices offering will now be a core priority, with a particular focus on the ESG and rates space.
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The allocation of capital is critical to driving the change required to transition to net-zero and building a more sustainable economy and society.
ABN AMRO will soon add information on the contribution to the Paris Climate Agreement of the companies in its client’s investment portfolios, their carbon emissions, and the UN Social Development Goals.
One of the most in-vogue acronyms relating to institutional investing and managed funds at the moment is ESG.
“As we help clients manage and mitigate all forms of risk, including those associated with ESG efforts, we understand the most crucial economic and investment risks and opportunities facing institutional investors.”
The ESG regime requires market participants and financial advisors to identify and disclose sustainable impacts and whether and how each financial product considers enumerated Principal Adverse Impacts (PAIs).
With this launch, Fidelity will offer 51 ETFs with more than $33 billion in assets under management.
Designed to fast track the launch of ESG-powered products, the API offers access to transparent, well-structured and easy to understand ESG datasets that eliminate the need for in-house ESG expertise.
“Our new ESG solutions deliver a configurable solution to integrate these criteria into the broader Transcend product suite.”
Initially available via a feed, the data sets were designed for institutional investors to integrate into portfolio management and strategy systems.
The three core values of the “Taiwan ESG Rating Index” in the collaboration with CMoney were outlined by TIRI’s Vice Chairman Jonny Kuo.
The final taxonomy is planned to be published in the first quarter of 2022. For now, the Green Digital Finance Alliance and the Swiss Green Fintech network are inviting feedback on their report.
“The Future of Food fund offers exposure to forward-thinking, innovative companies that are set to benefit from the transformation of the global food system.”
Earlier this month, Nasdaq launched an ESG version of the OMX Stockholm Benchmark Index, designed to track the performance of the securities whose issuers meet specific ESG criteria.
Alveo’s ESG solution was developed exclusively for the financial services industry and includes mappings between data sources and regulatory requirements.
“It will bring into sharp focus that rather than staying with fossil fuels, the longer-term answer to this and future energy crunches is ESG (environmental, social and governance) investing.”
PA Consulting is urging financial services firms to address gaps in knowledge and consumer trust to drive adoption over the next four years and seize the sustainable finance opportunity whilst cementing their position as positive social actors.
Peer Energy estimates that although a Bitcoin transaction costs the user only USD 7, the carbon cost is USD 45. A Bitcoin block that may generate USD 200,000 in mining reward at current prices also entails a shocking USD 166,000 energy cost.
A standardized system is thus seen as the biggest threat for the ESG space, but indifference from business leaders, limited checks on greenwashing, and too much regulation were also pointed out as problematic.