The challenge of waste management has long been one of society’s primary challenges. Indeed, we can trace the origin of the waste management industry all the way back to the creation of the first municipal dump in Ancient Greece where,
Embedded emissions within the supply chains of low-carbon technologies are growing in prominance with broader adoption. Today, manufacturing electric vehicles (EVs) has a much higher carbon footprint than traditional internal combustion engine vehicles. But automakers are working with their suppliers
Update – December 2021 Covid-19 with adverse and complex implications Tentative hopes of a foreseeable end to the coronavirus pandemic have been dashed again with new waves of Covid-19 raging in many parts of the world and the recent detection
Kredietexpert Stéphane Rüegg bespreekt wat zijn klanten denken, de ontluikende groene obligatiemarkt en zijn zeer persoonlijke kijk op verantwoord beleggen. Waarom is duurzaam beleggen belangrijk voor u? Ik werd me daarvan bewust op verschillende manieren. Eerst en vooral herinner ik
These superheroes all contribute in their own way to a rise in prices, wages, economic growth and asset prices. See inside cover for details. In this year’s Outlook, we look at the consequences of reflation for equity markets that are
In een opiniestuk dat in Barron's China werd gepubliceerd, legt Laurent Ramsey, CEO van Pictet Asset Management, uit waarom het beschermen van biodiversiteit een prioriteit moet zijn voor zowel bedrijven als beleggers. De natuur is altijd al van cruciaal belang
Bedrijven uit opkomende markten maken steeds vaker gebruik van een innovatief type obligatie om hun inspanningen voor de groene transitie te ondersteunen. Van kustoverstromingen tot een mogelijke ineenstorting van de landbouwproductie, opkomende economieën zijn kwetsbaarder voor de gevolgen van de
Although its decarbonisation has been under way for several years now, as highlighted by the strong growth in renewable power capacities, the power sector still accounts for 38% of global energy- and industryrelated CO2 emissions. – The decarbonisation pace of
Are asset managers using their proxy votes for action on environmental and social issues? Introduction and summary The Covid-19 pandemic has deepened the already growing social inequality crisis1 and, despite a temporary reduction in emissions caused by lockdowns, greenhouse gas
In our latest Money Monitor report, we share a comprehensive analysis of flows in European openended funds and ETFs. We also look at the main investment trends observed over the past month. Key takeaways: The increased anxiety brought by the
Macro outlook: Compression, decompression, absorption Key points We expect pressure on global supply to gradually decline, contributing to a slowdown in inflation This would allow central banks to maintain a prudent approach to the pace of policy normalization It has
Understanding why we must shift from a linear to a circular model is key for our future. Hard law is being introduced in many countries, especially in the EU and is going to change the way companies can produce and
Shifting sustainable gears… The turn of the year is always a good time to look forward and consider what the enduring trends are –and what tail events might derail our baseline thinking. 2021 serves as an important reminder that sticking
10 KEY MESSAGES FROM THE 2022 INVESTMENT OUTLOOK The road back to 70s narrative gains traction. Secular stagnation is a thing of the past, the “roaring 20s” – a new economic miracle – a dream. Global growth will return to
The third quarter is normally a quieter period following the main corporate Annual General Meeting season and, this year, being the final run-up to the COP26 conference in Glasgow. With COP26 a key milestone for the global climate response, climate
We’re now seeing the economic consequences of shutting down the world and then hitting the restart button. As most economies re-open, demand for goods and services has largely recovered to pre-Covid levels, however supply chains have remained under stress. What
The buzz swirling around the electric vehicle (EV) sector has been front and centre for investors looking to profit from the world’s transition to a net-zero carbon economy. Tesla recently skyrocketed to a US$1 trillion market cap, joining an elite
ESG and Sovereign Risk As recently as 10 years ago, ESG was considered a niche investment market reserved for the particularly conscientious investor. Fast-forwarding to today, ESG considerations have been placed firmly at the heart of the finance industry. Consumer
De transitie naar een meer duurzame voedselwaardeketen, ‘from farm to fork’, vergt innovatieve oplossingen. Dat opent een hele nieuwe wereld van opportuniteiten voor beleggers. ‘Voedselwaardeketens vormen de kern van veel van de milieu- en sociale problemen waarmee we vandaag worden
Reaching a net-zero emissions energy system represents a radical transformation of the economy from one dominated by fossil fuels to one that is predominately based on clean energy. This will require radical decarbonisation across all sectors of the economy. As
Duurzaam beleggen hoeft niet beperkt te blijven tot de lange termijn. Geldmarktfondsen kunnen ook ESG omarmen en beleggers helpen om duurzaamheid te bereiken in hun portefeuille. Milieu-, maatschappelijke en bestuurlijke factoren (ESG) in aanmerking nemen om risico's te verminderen en
The crucial questions now are: Are advisors ready to comply with new MiFID regulation, do they understand the needs of a new generation of clients, and can they offer relevant quality advice? Last year was ‘the year of ESG’ according
SPECIAL COP26 The Conference of the Parties (COP) was established with the adoption of the United Nations Framework Convention on Climate Change (UNFCCC) at the Earth Summit in Rio de Janeiro in 1992. Since the first COP in 1995 headed
Recent trends – a clear focus on climate change UBS has been a pioneer in the sustainability ETF space since 2011, through a journey that has led us to become the second largest sustainable ETF provider in Europe, with 34bn
In recent years, the concept of minimum ESG requirements has evolved, with additional business activity exclusions and climate considerations becoming the new norm.
2022 will mark a critical juncture on the road to a new economic and financial regime. Multiple coexisting transitions will drive the shift from the old to a new regime, that has already started in economic, social and geopolitical spheres,
ESG (environmental, social, and governance) investing has been making news headlines recently. With the rising adoption of ESG worldwide, regulatory scrutiny has started to intensify. The focus of this attention has been the assessment of what is effectively the integration
In this paper, we propose a new method to estimate nonfundamental demand shocks for green financial assets based on the arbitrage activity of exchange-traded funds (ETFs). By estimating the monthly abnormal flows into environment-friendly ETFs, we construct a Green Sentiment
We zijn gewend om omhoog te kijken als er een groot, wereldwijd milieuprobleem opgelost moet worden zoals het gat in de ozonlaag of een hoge CO2-uitstoot. Maar ook de grond onder onze voeten speelt een doorslaggevende rol voor de toekomst
The changing landscape The resilience and adaptability of the asset class during the ongoing COVID-19 pandemic has helped to cement private credit’s permanence in the minds of strategic asset allocators, with private markets proving their value to investors in balancing
Sovereigns are difficult to assess, given their complex social, economic, political, and geographic makeup. Environmental, Social and Governance (ESG) analysis of sovereigns is thus inherently complicated since it builds on an already-challenging typical sovereign assessment. In part, this is due
Er is veel geschreven over duurzaam beleggen en de noodzaak om de leefbaarheid van onze planeet te beschermen. Maar al die verhalen samen, hebben nog niet zoveel in beweging gebracht als A Life on Our Planet. Dat is een film
Decarbonization targets are set to surge across all regions over the next three years. Already 20% have set targets. Asset owners say their responsibility to drive real change is as important as pure investment motivations. This is a major change
During 2020 the market went through a number of distinct phases from, 1) ignorance of the impending COVID-19 effects (January, February) to, 2) panic (end of February to mid-April) to, 3) the “world will need to change” as a broad
Paul LaCoursiere, Global Head of ESG Investments, explores key considerations related to climate investing and the path to net zero. Climate change requires immediate action, but we believe there may be unintended consequences of certain approaches that could be underappreciated. Capital
Many investors today seek more than impact from their ESG portfolios. They want returns too. By now, there are literally thousands of papers asking whether ESG adds to – or detracts from – expected returns. But there is no consensus,
Begin deze maand zullen 197 landen die partij zijn bij het Raamverdrag van de Verenigde Naties inzake klimaatverandering voor de 26e keer bijeenkomen tijdens de Conferentie van Partijen (“COP”) in Glasgow. COP26 is van groot belang, aangezien het de eerste
Creating the Right Test Case We selected the Mellon Global Infrastructure Dividend Focus Fund for testing out that approach. As a popular mutual fund reflecting investors’ current preferences, it has a broad dual mandate — exposure to infrastructure and a
A decline in the ecosystem services that nature provides will initially pose a direct physical risk to businesses as harvests become more unreliable, weather patterns change and pollinators no longer support agriculture. The risk is both event-driven, e.g. flooding or
Duurzaam beleggen hoeft niet beperkt te blijven tot de lange termijn. Geldmarktfondsen kunnen ook ESG omarmen en beleggers helpen om duurzaamheid te bereiken in hun portefeuille. Milieu-, maatschappelijke en bestuurlijke factoren (ESG) in aanmerking nemen om risico's te verminderen en
Klimaatverandering & de pensioensector – een poldermodel: De grote rotatie van Nederlandse pensioenbeleggingen valt samen met 'deep cleaning' en 'deep greening' van portefeuilles. 'Code rood voor de mensheid.' De dreigende boodschap van het recente klimaatrapport van de IPCC, het klimaatpanel
An investment rationale for institutional investors: In this paper we introduce the notion of themes as an additional investment dimension beyond asset classes, regions, sectors and styles, and we propose a framework for allocations at a strategic asset allocation level.
After a year of tepid primary issuance – held back by the global pandemic – activity in the Chinese green bond market came roaring back in 2021. The supply of new bonds jumped to a record of $60.7bn year-to-date, crowning
In June and July 2021, Research Affiliates surveyed 131 financial advisors and wealth managers from 13 countries to gather the industry sector’s latest thinking about, and approaches to, ESG investing. Respondents answered 46 questions via an anonymous online questionnaire. Most
Global Sustainable Outcomes: There’s only one way to summarise Q2: a world divided. In North America and Europe economic recovery exceeded expectations as successful vaccination programmes supported market reopening. Here in the UK we emerged from a bleak winter of
Investors who want to incorporate ESG considerations into a broad US market passive portfolio have traditionally had to accept a certain (often high) level of deviation from the risk and return characteristics of the underlying benchmark.
China bans Bitcoin, embraces dlt with ESG implications We don't have to sacrifice a strong economy for a healthy environment. Dennis Weaver SUMMARY China’s renewed crackdown on bitcoin aims at tackling the country’s problems of power shortages, climate control, creeping
As the dangers of environmental, social and governance (ESG) risks have been broadly explored and acknowledged, many countries have imposed mandatory rules on companies to report more information on these issues in their financial disclosures or standalone sustainability reports. One
De klimaatmaatregelen waar beleidsmakers voor staan zijn misschien wel de belangrijkste keuzes in de geschiedenis van de mensheid. Ook in Nederland is het dit jaar met de wateroverlast in Limburg te merken dat er allerlei weerrecords worden gebroken. De
In Nederland is er dit jaar weinig van te merken, maar ook dit jaar worden allerlei weerrecords gebroken. Terwijl ons land nog een koud voorjaar achter de rug heeft – met zelfs de koudste aprilmaand sinds 1986 – werd het
