Zowel het momentum als de vooruitzichten op lange termijn zijn gunstig voor beleggingen in de brede waardeketen rond hout. Van de aanplanting van bossen tot de verwerking van hout tot enkele van de meest innovatieve materialen. De Timber-strategie van Pictet
A compelling investment opportunity: Japanese equities offer attractively priced and more visible earnings growth for 2021 and beyond. Nevertheless, Japanese equities are currently trading at a discount to global equities. And Japan equity markets have outpaced major developed market equities both in 2020 and year-to-date in 2021 as the world seeks to transition to a post-pandemic recovery.
Sinds mei 2021 treedt China strenger op tegen het verhandelen en mijnen van cryptocurrency’s. China treedt hard op tegen o.a. bitcoin in een poging om problemen als stroomtekorten, klimaatschokken, financiële ontwrichting en de sluipende erosie van zijn soevereiniteit op het
If the world is to avoid more destructive climate change over the coming decades, every industry must change how it operates and strive to reach net zero carbon by 2050, in line with the 2015 Paris Agreement. Given that buildings
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
The options for institutional investors to gain exposure to ESG have never been greater. The public markets, for example, have seen net new money into sustainable investment funds increase from USD 17.5 billion in the first …
The cost of climate change: Action versus inaction Key points The present global consensus to reduce greenhouse gas emissions to net zero will require immense investment Investment spending is not a cost but will boost activity. Costs will reflect increased
Balancing health and environmental concerns with the material’s utility. Over just a few short decades, plastic in its many forms has become a ubiquitous material in modern life. But its many uses and economic and practical benefits have not come
Aligned with the United Nations Sustainable Development Goals (SGDs), we believe it is important to strike a balance between developed markets and investment grade emerging markets. We favor sovereign bonds with a global sustainable approach. We believe there are opportunities
Increased issuance means more buy‑side diligence is needed. The extraordinary growth of debt issuance with an environmental, social, and governance (ESG) focus over the last few years has brought responsible investing to the forefront of fixed income management, with the increase
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
Building a sustainable portfolio.The property industry is the largest emitter of CO2. By making buildings more sustainable, we can help the environment and boost returns. Investors are waking up to the fact that sustainable investing isn’t just good for the planet
At Capital Group, using third-party data is only the beginning of how we monitor potential and current investments. All holdings are reviewed against third-party ESG scores to identify potential ESG risks. Then we draw on our investment …
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
Welcome to the first edition of the UBP Impact Newsletter. Between the annual impact report and the regular thought pieces the team produces, we felt that our clients – current and future – would welcome a more informal update from
Evolving nature of thematic investing One could argue that thematic investing started off with sector investing, where an investor could make a bet on a particular industry they thought was poised for growth (for example, information technology in the late
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
In this paper, we will take a closer look at why it is important to systematically evaluate material ESG risk factors in fundamental credit research across emerging market sovereigns. We go on to discuss the ESG framework we developed for
China is a double-edged sword: it is the world-leading renewables developer, installing more than double the gigawatt (GW) capacity of its nearest competitor over the past decade both in terms of wind and solar power (Figure 1), but at the
It’s only a matter of time before companies will have to report on their climate-related risks. They should get ahead by putting the processes in place to do so now, says Thibaud Clisson. For the financial sector to respond adequately
Earth Day is an annual global event supporting environmental protection that takes place on 22 April. To support this year’s theme ‘Restore Our Earth’, some of Columbia Threadneedle’s fund managers and analysts present their thoughts on important environmental issues from
How do companies oversee the environmental, social and governance (ESG) aspects of their business and manage the associated risks? Different companies take different approaches. Some have board-level committees fully devoted to ESG and sustainability supervision; others integrate ESG oversight into
In 2017, we set out to understand how asset owners and asset managers planned to integrate ESG. Our results – outlined in our first ESG survey “Great Expectations” – were encouraging, showing commitment to ESG but little in the way
‘s Werelds grootste organisatie voor natuurbescherming – de Internationale Unie voor het behoud van de natuur (IUCN- International Union for the Conservation of Nature) – houdt is september haar vierjaarlijkse bijeenkomst in Marseille. Het evenement, is de grootste milieuconferentie waaraan
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
Hout speelt een steeds prominentere rol bij de bouw van huizen en kantoren. Het is minder belastend voor het milieu dan beton en staal. In de knik van de Amstel, met aan de voet het lommerrijk gelegen Park Somerlust rijst
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
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
Carbon pricing has so far failed to take off. But it could soon become a pillar of the green economy. The transition from a fossil-fuelled economy to one powered by renewables carries the promise of being as transformational as the
If the world is going to limit global warming to +1.5°C from pre-industrial times, as set out in the Paris Agreement, global carbon emissions need to hit net zero by 2050. Every company will have a unique pathway as they
With the United Nations Climate Change Conference (COP26) showing a world committed to doing better, disruptive innovation will be key to tackling climate change.
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
Investor relations (IR) teams increasingly field questions for their companies about sustainability topics. According to our most recent edition of Global Trends in Investor Relations, 71.3% of IR teams globally reported in 2019 that ESG/CSR communications with investors are among
There is much talk in the investor community around the three letters “ESG” (environmental, social, governance), but when it comes to corporate sustainability, CSR (corporate social responsibility), is equally as important. While the former provides a …
The Sustainable Development Goals (SDGs) were adopted by all United Nations Member States in 2015 as a universal call-to-action to end poverty, protect the planet and ensure that all people enjoy peace and prosperity by 2030. This is a noble
The shift to whether we should pursue wellbeing rather than GDP growth is underway. Figuring out what makes society happy helps us identify the risks to the global economy from S in ESG.
Het verdwijnen van tropisch regenwoud is een grote bedreiging voor onze planeet. Er liggen goede kansen voor bedrijven die helpen bij het wegnemen van de oorzaken van ontbossing. In de ongeveer vier minuten die het kost om dit artikel te
Responsible Investment has witnessed strong growth over the past five years. However, the past six months have seen it embark on a much steeper trajectory. If we take a Google Analytics view on worldwide searches for “ESG” (environmental, social and
De omslag naar een klimaatneutraal energiesysteem is nog maar net begonnen. Vermogensbeheerder Pictet Asset Management ziet een hele brede waaier aan beleggingskansen, die veel verder gaat dan enkel hernieuwbare energie. Investeringen in groene energie komen nu echt op gang. De
Climate change impacts human health in a number of ways. Rising average temperatures mean a higher risk of heatwaves – at the time of writing, the US Pacific Northwest is experiencing ‘life-threatening’ temperatures. Indeed, the Lancet has described climate change
Marktvisie ESG-integratie: Klimaatrisico wordt steeds tastbaarder, zowel in de fysieke- als in de beleggingswereld. 2020 was, samen met 2016, het warmste jaar ooit sinds het begin van de metingen in 1880: de (oppervlakte) temperatuur bereikte een niveau van 1,02 graden
The impact of climate change presents a systemic investment risk, making the importance of an investment’s environmental footprint more critical than ever before. The world has already experienced a rise of around 1°C in global temperatures over the preindustrial period
The EU formally adopted in June its new objective of cutting the bloc’s greenhouse gas emissions by 55% by 2030 versus 1990. This represents a substantial increase in the bloc’s ambition compared to the previous 40% reduction target and sets
Green Bonds De Franse vastgoedonderneming Gecina heeft recentelijk al haar reguliere obligaties omgezet naar volledig groene (green bond) obligaties. Niet door een herfinanciering, maar door het simpelweg omkatten van de bestaande grijze bonds naar green bonds. De vraag is dan
Voor Cédric Lecamp betekent het beheren van een strategie van 10 miljard dollar met een trackrecord van 20 jaar een unieke kans om met bedrijven in dialoog te treden en zo positieve verandering te stimuleren. Is er de afgelopen jaren
With Covid-19 top of mind, impacting both operations and investment strategies, the impact of the ongoing pandemic is the major theme running throughout. This includes an examination of adjustments made in response to the crisis and the impact on long-term
Decarbonisation was one of the biggest themes of 2019 and 2020. Rightly so, we would argue. With the 2021 United Nations Climate Change Conference (COP26) taking place in November, this could be another important year for decarbonisation. Global temperatures are
In the past, the ‘S’ in Enviromental, Social and Governance – the societal side of ESG – tended to get less coverage than the environmental and governance components. Today that makes little sense – we face three, interconnected crises –
Moving toward integrating social and environmental issues. Building back greener, fairer, and more sustainable is not just the goal of governments and companies—central banks have also begun to incorporate issues such as employment equality and climate change into their policies. What
What kind of an asset is it? Its origins: how did decentralised finance give birth to blockchain database? How a number of ESG concerns are related to the way different cryptocurrencies have been structured and programmed to function? What's next
