by Julie Gorte, Senior Vice President for Sustainable Investing, Impax Asset Management LLC and Pax World Funds
Climate change is a story that encompasses everyone — believer, denier, rich, poor, black, brown, white, majority, minority, male or female. It’s an equal opportunity wolf at the door. But, as is the case with diversity in almost every pursuit, more diverse groups bring more to the table, and considering that climate change is the most important problem humans must solve, diversity has a contribution to make to climate change.
A Financial Times article on 2 April carried sweeping claims by Hans Hoogervorst, chair of the International Accounting Standards Board (IASB), that ‘greenwashing is rampant’ in sustainability reporting. The Global Reporting Initiative (GRI), the leading independent sustainability standards body, categorically refutes this assertion.
Collaboration with Sustainalytics makes BNY Mellon the first depositary bank to provide environmental, social and governance (ESG) intelligence to global issuers
BNY Mellon, a global leader in investment management and investment services, announced that it is teaming with Sustainalytics, a leading provider of environmental, social and governance (ESG) research and analysis, to make available a wide range of ESG data and insight to its depositary receipts clients.
BNY Mellon is the first depositary bank to offer such services to securities issuers.