JPM Chase release carbon reduction targets
JPMorgan Chase has released carbon targets to align its financing activities with the climate goals of the Paris Agreement.
Companies
ESG may exclude many firms say Cowen head
Companies that don’t fully engage with ESG may face total exclusion by investors, Larry Wieseneck, Cowen Co-President, has said.
UBS appoints chief sustainability officer
UBS has appointed Michael Baldinger as chief sustainability officer.
Norway fund to ESG screen small caps
Norway’s sovereign oil fund will begin screening small caps stock for ESG risks.
Eurasian Resources sets up ESG committee
Mining group Eurasian Resources has announced the setting up of an ESG committee.
Natixis report shows strong growth in ESG
A new survey by Natixis Investment Managers shows that 75% of professional investors are now implementing ESG strategies.
Only 25% of firms on target for climate goal
A report by Arabesque has found that only 25% of the world’s biggest companies are on course to limit the global temperature rise to 1.5 degrees by 2050.
BHP announces new ESG team
Mining company BHP has created a dedicated ESG team to engage with investors and ratings providers.
Citi to commit $1tn to sustainable finance
Citi has said it will commit $1 trillion to sustainable finance by 2030.
Sustainable bond issues hit record high in Q1
Total issuance of green, social and sustainability bonds reached a record high of $264 billion in the first quarter of this year according to Refinitiv.