Browsing tag

sustainable investing

World’s First Vegan ETF Outperforms S&P For Second Consecutive Year

3 Mins Read The US Vegan Climate ETF, the world’s first and only vegan exchange traded fund to date, has celebrated two years of its launch. For the second consecutive year, the fund has outperformed the S&P 500 Index, demonstrating the profit potential of ethical and sustainable investing.  The US Vegan Climate ETF, listed under the New York […]

Credit Suisse Raises US$318 Million Climate Fund To Fuel Sustainable Tech

3 Mins Read Credit Suisse has managed to raise US$318 million for its fund dedicated to tech-forward climate solutions. The successful close of the Climate Innovation Fund, despite a scandal-ridden few months for the Swiss investment bank, is indicative of the strong demand from investors for sustainable finance.  Credit Suisse announced in late May the closing of its […]

New Data Shows Rampant Greenwashing In Sustainable Finance, With ESG Funds ‘Stuffed’ Full OF Fossil Fuel Stocks

3 Mins Read As sustainable investing gains momentum, more funds touting themselves as “green” are misleading investors. According to a report published by the Economist, some of the world’s biggest ESG funds are “stuffed full of polluters and sin stocks”, suggesting widespread greenwashing practices in the realm of sustainable finance.  Sustainable investing has been steadily gaining momentum globally, […]

New Zealand To Introduce World’s First Climate Law For Financial Firms

3 Mins Read New Zealand is set to become the first country in the world to introduce a law that would subject financial firms to climate reporting. The law, which is expected to receive its first reading this week, will require banks, insurance firms and investment managers to make disclosures on the impacts of climate change on their […]

‘Wall Street Is Greenwashing Finance’, Says Former BlackRock Sustainable Investing CIO

3 Mins Read ESG-forward investing seems to be taking over the financial industry, but ex-BlackRock chief investment officer for sustainable investing Tariq Fancy warns that this is simply another form of greenwashing. In an opinion article, Fancy says that the Wall Street is “greenwashing the public with deadly distraction in sustainable investing practices” instead of getting to the […]

Financial Feminism: New Sustainable Investing Manual Takes On The Gender Gap

3 Mins Read A newly published book aims to remedy the gender investing gap by empowering women to invest in a sustainable future. Authored by sustainable finance expert Jessica Robinson, who formerly led the United Nations-backed Principles for Responsible Investment (PRI) in Asia, Financial Feminism: A Woman’s Guide to Investing for a Sustainable Future comes with step-by-step explainers […]

Robert Downey Jr. Launches Venture Fund To ‘Catalyse’ Sustainable Tech Investment

3 Mins Read Hollywood actor Robert Downey Jr. has formed a new venture fund focused on sustainable technology. Launched on AngelList, the new rolling fund FootPrint Coalition Ventures aims to “catalyse more capital” to multiply the impact of tech-forward climate solutions and innovations, said Downey Jr.  Announcing the launch during a high level panel at the World Economic […]

As Sustainable Investing Takes Off, China’s Poor ESG Ratings Are A Major Problem

3 Mins Read With more investors embracing a sustainable ESG-based strategy, a trend that has received a major boost amidst the coronavirus pandemic, China is losing its allure despite being an enormous and fast-growing emerging market. Ranking bottom on ESG ratings among all major economies in the world, experts warn that lagging behind when it comes to sustainability […]

HKEX Launches Green Exchange ‘STAGE’ To Support Sustainable Finance Push

3 Mins Read Hong Kong Exchanges and Clearing Limited (HKEX) has launched its new investment platform dedicated to sustainable finance amidst rising demand from Asian investors. Called the Sustainable and Green Exchange (STAGE), the new platform serves as an online product repository of ESG-focused products across multiple sectors as well as a resource hub for sustainable finance across […]