M&G invests £5bn in sustainable private assets

M&G has announced that its £136 billion With-Profits Fund is to allocate up to £5 billion into sustainable private enterprises.

Scottish Widows pledges net zero by 2050

Scottish Widows has said it will aim to cut the carbon footprint of its investments by 50% by 2030 and to net zero by 2050.

A new survey from CoreData Research has found that 73% of UK fund buyers believe all funds will incorporate ESG within five years.

S&P Dow Jones Indices has added the MidCap 400 ESG Index and SmallCap 600 ESG Index to its offering.

Aberdeen Standard Investments has launched a new multi-asset climate solutions fund in partnership with The Big Issue Group.

River and Mercantile has appointed Roger Lewis as head of ESG.

All new funds from DWS will be ESG from now on the firm has said.

Citi has launched a new ESG equity benchmark index family.

The US Securities and Exchange Commission has appointed Satyam Khanna as senior policy adviser on climate and ESG issues.

The European Securities and Markets Authority (ESMA) has written to the European Commission urging them to bring in rules to regulate ESG ratings.