Finance & Investment CSR News

SEC Chair Gensler Joined Ceres, Investors, and Companies for a Closer Look at Standardized Climate Disclosure

Blog

Investors need a complete picture of issuers’ financial risks to make informed decisions about their portfolios—and that includes climate-related risks, Anne Simpson, the global head of sustainability at Franklin Templeton, explained during a virtual meeting of corporate executives and investors that Ceres hosted on April 12 with Gary Gensler, chair of the U.S. Securities and Exchange Commission (SEC), to discuss the agency’s new landmark climate disclosure proposal.

LBX: Crypto 101

By: LBX Editorial Team
Blog

Cryptocurrency is heavy. Everyone has heard about it, but how many people know what it is? Most people are afraid to admit they don’t know how it works, and online definitions are no help. They provide too many technical details of blockchain, mining, and other industry words that mean nothing to the common reader.

To understand cryptocurrency and how it will impact your life, a knowledge of the history and evolution of this digital cash flow is necessary.

This is Crypto 101.

The History of Cryptocurrency

Atlantic Power Transmission LLC, a Blackstone Infrastructure Partners Portfolio Company, Announces $50 Million Commitment to New Jersey Workforce Development

Press Release

PRINCETON, N.J., May 2, 2022 /3BL Media/ – Atlantic Power Transmission LLC (“APT”), a Blackstone (NYSE: BX) portfolio company, announces a $50 million commitment to workforce development in New Jersey. The commitment contributes towards creating a workforce hub for the burgeoning offshore wind industry in the Northeast region and the state, addressing one of the recommendations outlined by the New Jersey Offshore Wind Strategic Plan. APT remains committed to this smart, coordinated approach at this critical early stage in the development of the nation’s offshore wind market.

The Critical Role of the Responsibility Team at AllianceBernstein

Multimedia with summary

Integrating ESG into the investment process can create a path to better outcomes, but the “how” matters. Watch this video to learn more about the important role that responsibility plays at AB. Visit AllianceBernstein.com for more information: https://lnkd.in/gbvCsWYx

About AllianceBernstein

T. Rowe Price Joins Net Zero Asset Managers Initiative

Press Release

BALTIMORE and LONDON: May 4, 2022 /3BL Media/ - T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), today announced it has joined the Net Zero Asset Managers initiative (NZAMI) to support the goal of net zero greenhouse gas emissions by 2050 or sooner, in line with global efforts to limit warming to 1.5 degrees Celsius. In joining NZAMI, the firm is fortifying its commitment to providing investment products for clients with net zero ambitions.

All Things Considered: A Framework for Assessing ESG-Labeled Bonds

Summary: 

ESG in Action

Today’s bond market presents unique opportunities for responsible investing in the form of ESG-labeled bonds. These relative newcomers to the market can give their issuers an ESG halo and even lower their cost of debt. Investors like them because they can deliver a measurable impact. But as the market for these bonds grows, so too do the challenges. In this paper, we describe our process for assessing ESG-labeled bonds and show that, by systematically applying this framework, investors can help set a gold standard for the market, avoid surprises from controversy and greenwashing, and potentially generate more alpha over time.

  • Nearly US$800 billion ESG-labeled bond issuance in 2021
  • 1%–5% Range of “greenium,” March 31, 2022

  • 0.20 Median ownership concentration score for green bonds, compared with 0.06 for conventionals

Article

ESG in Action

Today’s bond market presents unique opportunities for responsible investing in the form of ESG-labeled bonds. These relative newcomers to the market can give their issuers an ESG halo and even lower their cost of debt. Investors like them because they can deliver a measurable impact. But as the market for these bonds grows, so too do the challenges. In this paper, we describe our process for assessing ESG-labeled bonds and show that, by systematically applying this framework, investors can help set a gold standard for the market, avoid surprises from controversy and greenwashing, and potentially generate more alpha over time.

  • Nearly US$800 billion ESG-labeled bond issuance in 2021
  • 1%–5% Range of “greenium,” March 31, 2022

  • 0.20 Median ownership concentration score for green bonds, compared with 0.06 for conventionals

T. Rowe Price to Publish Second Season of Podcast, 'Confident Conversations(TM) on Retirement'

Second season will continue to feature T. Rowe Price experts discussing a variety of retirement-related topics
Press Release

BALTIMORE, May 3, 2022 /3BL Media/ - T. Rowe Price today announced the launch of the second season of its podcast, “CONFIDENT CONVERSATIONSTM on Retirement” that aims to help investors make more informed financial decisions to achieve the retirement they envision. The series features T. Rowe Price experts sharing their perspective and strategies on a range of retirement-related topics, including retirement strategies for LGBT+ investors, bridging the racial retirement savings gap, and HSAs & retirement.

ESG Ratings: Solution or Starting Point?

By Michelle Dunstan| Chief Responsibility Officer; Senior Investment Advisor—Global ESG Improvers Strategy
Blog

Environmental, social and governance (ESG) ratings are a popular way to search for companies that meet specific criteria in a responsible investing agenda. But third-party ratings don’t tell the whole story for investors seeking a comprehensive view of how ESG issues affect return potential—or how companies may improve their ESG performance in future.

As 2022 Proxy Season Begins, Record Numbers of Climate Resolutions and Agreements Bode Well for Action

As 2022 proxy season begins, record numbers of climate resolutions and agreements bode well for action
Press Release

April 27, 2022 /3BL Media/ - Heralding what is shaping up to be an historic proxy season for climate action, investors have filed a record 215 climate-related shareholder resolutions this year, according to tracking by the sustainability nonprofit Ceres. Of these proposals, shareholders have already negotiated agreements on 103 of them, with companies committing to take actions sought in exchange for withdrawal.

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