ESG-oriented AUM to increase by half by 2027 – PwC Luxembourg
Though ‘increased regulatory scrutiny’ has led to decline in Article 9 funds
ESG
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Will European investors help power up global ‘cleantech’ sector?
‘This transformation will only happen if it makes economic sense and is just.’
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WWF, ShareAction and E3G outline six objectives to support sustainable European investment
‘The funding needs are significant, but far from insurmountable’
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China refocuses EV investment towards Europe
Regulation and political developments among factors leading to a change in strategy
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PRI calls on EU to enhance responsible investment policies with six priorities
The organisation’s 2030 EU Policy Roadmap outlines six policy priorities for the EU Commission, writes Michael Nelson
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Capital Group launches multi-thematic Article 8 funds
Capital Group has launched a set of multi-thematic sustainable funds that are available for investors in Europe, writes Christian Mayes. The Capital Group Sustainable Global Opportunities fund (LUX) will invest in global equities, while the Capital Group Sustainable Global Corporate Bond fund (LUX) will target fixed income exposure. The launch also includes a multi-asset offering…
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Quarter of Article 8 funds at risk of greenwashing – MainStreet Partners
A quarter of all Article 8 funds could be accused of greenwashing based on their sustainability framework and practices, according to MainStreet Partners, writes Christian Mayes The 24% of funds classified as a greenwashing risk by the 2024 ESG Barometer report marks a four percentage point increase from the 20% flagged at the end of…
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EU green rules could stymie decarbonisation projects – ExxonMobil
The European Union’s climate regulations may lead to it halting its investments in Europe, ExxonMobil has warned. Speaking to the Financial Times, Karen McKee, president of the product solutions division, said the oil and gas giant had struggled to begin decarbonisation projects in Europe due to the regulatory burden. The result, she added, was that…
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ICE flags need for Europe to double green investment
Investments to modernise energy and transport must double by the end of the decade to reach 2030 climate targets, the EU has been warned. According to the Institute for Climate Economics (ICE), which has released the European Climate Investment Deficit report, the bloc lacks what it calls a “consistent tool” to ensure monitoring of the…
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European Green Bond Standard ‘step in right direction’ but challenges remain
Michael Nelson addresses the IEEFA’s findings on the European Green Bond Standard The European Green Bond Standard (EUGBS) promises to boost investor confidence and support the long-term growth of the green bond market despite some limitations, according to findings from the latest report from the Institute for Energy Economics and Financial Analysis (IEEFA). The report…
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Europe first to shy away from ESG across Calastone network
European investors were the first to begin turning away from ESG funds, according to data from across the Calastone fund network. The company made the assertion in its latest Global Fund Flows Report, suggesting the “backlash” against ESG products began on the continent. “European investors began selling out of ESG funds in January 2022 and…
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EU scaling up green subsidies should help investors, says law firm
Investors should benefit from new European Union support for green subsidies, according to global law firm Norton Rose Fulbright. In EU scales up green subsidies – how you can benefit from new support for clean investments – which comes on the back of the EC’s adoption of changes to its state aid framework supporting the…