August 2021

La dimensión social de la inversión sostenible

Por SpainSif La inversión sostenible supuso en España un total de 285.454 millones de euros en 2019. Este tipo de inversión se materializa a través de la aplicación de diferentes estrategias como la exclusión simple, que elimina del universo de inversión actividades controvertidas, la exclusión en base a normas internacionales, la selección positiva de las entidades con mejor desempeño o best in class, y la integración, entre otras. Aunque tradicionalmente la parte ambiental ha supuesto la mayor ratio de la inversión...

Asia vast savings can bring on an ‘age of sustainability’

Insurance companies, pension funds, and other institutional investors in Asia and the Pacific can pave the way to a resilient and sustainable future. The recent global public health crisis has revealed that economies can no longer afford to return to old ways of doing things. But there could be a silver lining in a coming “age of sustainability” in Asia and the Pacific that can get countries growing strongly again. Reaching this new age, however, will require greater use of insurance...

Los factores ASG (2): Cómo pueden beneficiarse los mercados emergentes

Por Isabel Montojo, Olga Cantillo & Susana Del Granado Los factores ambientales, sociales, y de gobierno corporativo (ASG) están cambiando la forma en que se dirigen las empresas en todo el mundo, pero también están cambiando la forma en que se evalúa la actividad de esas empresas, con un impacto particular en los mercados emergentes. En una entrada anterior, explicamos la naturaleza de los principios ASG y cómo buscan que la actividad empresarial beneficie a los accionistas y a las comunidades/grupos...

Investing for sustainability impact will transform capital allocation

By Jonathan Rogers Swimming through the acronym-laden waters of the environmental, social and governance (ESG) landscape involves an often irritating thrash through that overwhelming thick alphabet soup, but it behoves anyone with a vested interest in the topic to become effortlessly familiar with all the letters and what they stand for. The latest to rise to the surface is IFSI – investing for sustainability impact. At first glance, this acronym might seem like another term that describes ESG. But not so...

Europe’s Pension Funds Still Don’t Know How to Treat a Key Risk

The main organization representing European pension funds says it’s still not clear how the industry should balance financial returns against a desire to do more environmental and social investing. The lack of clarity means pension investors representing about $5 trillion may be putting less cash than they otherwise might into sustainable assets. That’s as the need for a decisive reallocation of capital toward planet-saving goals grows more urgent as global warming becomes increasingly deadly. How asset managers treat ESG risk will...

July 2021

México. Inversión sustentable. ¿Una moda pasajera o compromiso real?

En el mundo financiero se habla cada vez más de un modelo de inversiones sustentable, donde los administradores de recursos buscan colocar el dinero en empresas que reduzcan su huella de carbono, desarrollen tecnologías verdes y tengan un impacto positivo en las comunidades donde están instaladas. Más allá de una moda, es una tendencia que llegó para quedarse, y países como México poco a poco la han comenzado a adoptar. Leer también México. Retiros parciales por desempleo significan 0.48% del...

Private Retirement Systems and Sustainability: Insights from Australia, the UK, and the US

By Nathan Fabian, Mikael Homanen, Nikolaj Pedersen & Morgan Slebos Retirement system sustainability is defined as the ability of plan boards and managers to be responsible investors, active stewards, and allocators of capital to economic activities with desirable social and environmental outcomes. In this paper, we examine the policy frameworks and important structural variables pertinent to private retirement systems in Australia, the UK, and the US. By analyzing various reports, interviewing experts, and using data from the Principles of Responsible...

Is there really an ESG bubble?

Environmental, social and governance-focused investment is on the upswing like no other investment trend. In the first half of 2021, of 80 exchange-traded funds and mutual fund launches in the UK, 37 were ESG vehicles. Of these, 19 were equity funds, 16 mixed assets, and one each for bond and alternatives (chart 1). Bonds showed rather better last year with 12 launches, but whatever the year, equity launches dominate. This compares with 207 launches in 2020, of which 59 were ESG,...

EU. ESG Disclosure Regulation: a closer look at Article 8 and Article 9

March 2021 saw Regulation (EU) 2019/2088 of the European Parliament and of the Council of November 27 2019 on disclosure of information related to environmental, social, and governance (ESG) criteria in the financial sector (SFDR) finally becoming applicable. This regulation, issued in the context of the EU Commission’s commitment to the Sustainable Development Goals of the UN 2030 Agenda for Sustainable Development, represents a major milestone by introducing unprecedented harmonised requirements on sustainability-related disclosure in financial products to a multitude...

Green pension 21x more effective than common climate change efforts

UK savers have been urged to make their pension green after research revealed that this was a “staggering” 21 times more effective at cutting carbon footprints than stopping flying, becoming a vegetarian and moving to a renewable energy provider combined. Read also Is there really an ESG bubble? The analysis, from Make My Money Matter (MMMM), Aviva, and Route2, found that those with an average sized pension pot of £30,000 who moved from a traditional fund to a sustainable option can...