Also in today’s newsletter, being a member of the Net-Zero Banking Alliance just got a heck of a lot easier
Does PE firm KKR’s model add up to real reform or a one-off windfall? Read the article and consider the questions raised
Penalty against DWS imposed by German prosecutors follows $19mn settlement with US authorities in 2023
Flimsy advertising attracted purchasing managers just as much as sustainability certifications
There’s an argument that greater engagement in the defence sector from sustainable investors could raise ethical standards
On green and social issues, pension funds and insurers take a more active approach than money managers, research shows
Drinks company committed to disclosing its investment in recycling after watering down its reuse goals
They are either being weak or hypocritical in the face of the current backlash
Groups from UBS and HSBC to BP and Starbucks have changed targets in executives’ pay plans
Asset manager blames ‘different macro backdrop’ for change of tack on climate divestments
Walmart and Kraft Heinz among big corporations deleting or rewriting statements as Trump climate attacks intensify
If some big European lenders appear to waver in their commitments, others will surely follow suit
Nearly all climate-themed funds focus on investments aimed at reducing emissions. That is starting to change
Filmmaker Richard Curtis’s campaign has bitten the dust — an unfortunately predictable ending
Washington is turning away from the sustainable development agenda, but funds promoting it manage over $1.5tn
FCA scheme means far fewer funds can be dubbed ‘sustainable’
‘The Anxious Generation’ author on the movement to slow social media’s intrusion into kids’ lives
Spending on specialist advice is up as companies rush to comply with climate and ESG requirements
US asset manager previously managed all of The People’s Pension’s £33bn in assets
Also in today’s newsletter, Asian Development Bank unlocks billions for climate finance
Regulator’s rules are part of broader effort to rein in power of largest fund managers
Despite US president’s new executive order, companies still have incentives to retain safeguards against corruption
Insurance groups and pension funds threaten to dump those ‘misaligned’ with retiree objectives
Plus, the argument for a bet on mental health start-ups
Fund that won famous Wall Street proxy war over oil major’s climate stance now backs natural gas to power AI
