Financial sector workers with a keen understanding of sustainable finance issues are in high demand in Canada, according to a United Nations-backed report. The report, commissioned by the UN-linked Financial Centres for Sustainability, Deloitte and Toronto Finance International, was based on responses from individuals working at asset management companies, banks, insurance companies, pension plans and other financial sector organizations. While all […]
U.K. employers are encouraging staff to try a vegan diet for the month of January. More than 75 organizations have signed on to the “Veganuary” workplace challenge, which encourages employees to try a diet free of animals or animal-derived products for the first 31 days of 2022. A wide array of organizations, from high-end department […]
Countries with strong social and governance traditions are seeing fewer deaths and more economic stability during the coronavirus pandemic, according to a new report by FTSE Russell. “The analysis shows that investing in [environmental, social and governance] themes has overarching benefits, both for economies and investors,” wrote the report’s researchers. “While it results in more […]
Risk managers consider cyber attacks and data breaches as the biggest threats to businesses, including those in the financial sector, according to a new survey by Aon. The survey, which polled more than 2,000 respondents in 16 global industries, also found that cyber security and data breach risks are rated as the most significant risk […]
Governance-related resolutions are receiving more overall votes from defined contribution pension plan members, but environmental issues are more engaging on a vote-per-measure basis, according to a new survey by two U.K.-based organizations. The study, by asset management firm Legal and General Investment Management Ltd. and fintech company Tumelo, found measures related to all levels of […]
Broad support for regulating environmental, social and governance-themed investments in Canada has left the U.S. Securities and Exchange Commission playing catch-up with its northern neighbour, says Katie Pries (pictured), president and chief executive officer of Northern Trust Canada. “While the U.S. Securities and Exchange Commission is working through its regulatory plans for ESG investing, Canada […]
The Chartered Financial Analyst Institute’s draft voluntary environmental, social and governance disclosure standards are vulnerable to greenwashing, warns the Investment Funds Institute of Canada. In an open letter to the CFA regarding its drafted voluntary regulations, the IFIC is criticizing the proposed standards’ failure to define what does and doesn’t qualify as an ESG investment. […]
MSCI is making its ratings on environmental, social and governance issues publicly available off the back of growing interest from numerous stakeholders. This move is part of MSCI ESG Research’s mission to help investors, companies and other industry stakeholders identify the most financially relevant ESG risks and opportunities, through greater transparency and access to ESG […]