ESG & Responsible Investing

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RBC GAM partners with Grantmakers in California to launch impact investing collaboration

RBC GAM partners with Grantmakers in California to launch impact investing collaboration

RBC Global Asset Management (RBC GAM), Northern California Grantmakers, Southern California Grantmakers, and San Diego Grantmakers, have launched the Philanthropy California Investment Collaborative, an impact investing initiative that will support homeownership, job creation, small business growth, and increased access to affordable rental housing, healthcare and education.

ESG & responsible investing

Active managers “in the driver’s seat” with ESG investment products, finds report

Active managers “in the driver’s seat” with ESG investment products, finds report

Investor demand for new actively-managed environmental, social and governance (ESG) funds is growing, and a report from Broadridge Financial Solutions documents that interest is shifting towards funds that employ best-in-class positive screening, thematic, and outcome-oriented funds.

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MetLife to reduce emissions by 30 per cent and originate USD20bn of new green investments by 2030

MetLife to reduce emissions by 30 per cent and originate USD20bn of new green investments by 2030

Over the next 10 years, MetLife has committed to reduce its location-based greenhouse gas (GHG) emissions by 30 per cent from 2019 levels, originate USD20 billion in new MetLife Investment Management (MIM)–managed green investments, and allocate USD5 million to develop products and partnerships that drive climate solutions.

Stakeholder capitalism

New report unmasks financial institutions failing to deliver on ‘corporate stakeholder purpose’ declarations

New report unmasks financial institutions failing to deliver on ‘corporate stakeholder purpose’ declarations

Companies that have promised publicly to run their business for the benefit of all stakeholders have handled the Covid-19 crisis and social and racial inequality worse than companies with no such commitment, a new report from The Test of Corporate Purpose finds.