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.

Fidelity hires director of sustainable investing

Fidelity International has hired Gabriel Wilson-Otto as director of sustainable investing.

Legal & General Capital has appointed John Alker as its new head of sustainability.

UBS has appointed Michael Baldinger as chief sustainability officer.

Standard Chartered has announced that it has priced its first commodity hedge linked to ESG benchmarks with Trafigura.

Eurazeo has launched a sustainable maritime infrastructure thematic fund.

Norway’s sovereign oil fund will begin screening small caps stock for ESG risks.

S&P Dow Jones Indices will develop the S&P ESG Eurozone 60 Bund-SV Index for the German government.

Northern Trust Asset Management hired Julie Moret as global head of sustainable investing and stewardship.

BlueBay Asset Management has launched The BlueBay Impact-Aligned Bond Fund.