RepRisk, an ESG data science firm combining machine learning and human intelligence to identify ESG risks, has partnered with B3, the exchange in South America, to update the B3 Corporate Sustainability Index (ISE B3). RepRisk ESG risk data on 1,000 Brazilian companies is now integrated into the selection and scoring algorithm of ISE B3, and will be used in portfolio screening and monitoring processes by B3. The enhanced ISE B3 index algorithm leverages ESG risk criteria for deploying more impactful passive investment strategies and drives sustainable capital allocation in the South American market. 

Zurich UK has switched almost USD1 billion of its investment portfolio into a new ESG benchmark as it continues to take action to curb carbon emissions. 

The successful close of the second round of the GAS EIS Climate Change Fund on 15 July suggests that investors are waking up to the seriousness of the global climate crisis, according to GAS CIO, Antoine Pradayrol. 

The World Federation of Exchanges (WFE), the global industry group for exchanges and CCPs, has commented on the Task Force for Climate-related Financial Disclosure’s (TCFD) updated guidance on Climate-related Metrics, Targets and Transition plans.

Finance for Tomorrow,  the branch of Paris EUROPLACE working to make green and sustainable finance a key driving force in the development of the Paris Financial Centre, has appointed Pauline Becquey as a Managing Director. 

Jennison Associates, an active equities and fixed income manager with USD241 billion in assets under management, has hired Guillaume Mascotto as managing director, head of Environmental, Social & Governance (ESG) strategy.

Border to Coast Pensions Partnership (Border to Coast), one of the largest public sector pension pools in the UK, has published its Responsible Investment and Stewardship Report and TCFD Report for 2020/21.

A new report from Planet Tracker and the Grantham Research Institute assessing Brazil’s sovereign health shows that the country is on an environmentally unsustainable path to 2030 and beyond, depleting its natural capital base through deforestation, and thereby bringing systemic risks to its sovereign bonds.

Join us on 25 November for the inaugural GlobalESGlive summit, a one-day event, hosted by Private Equity Wire, Hedgeweek and Institutional Asset Manager, that brings together key players from across the asset management industry ecosystem to assess the most compelling trends and themes driving change and growth in green investment.

CAMRADATA’s latest whitepaper, Impact Investing, looks at how impact investors are investing for a better world, what challenges they face, and where their capital is needed the most.