Recent news and analysis on ESG Investing
ESG investing news covering environmental, social, and governance criteria, sustainable finance, shareholder proposals, and ESG regulation.
The Guardian reports that the energy portfolios of twenty major private equity firms generate 1.5 billion tons of greenhouse gases annually, surpassing most nations' emissions. The analysis contends these opaque entities hold significant fossil fuel assets powering data centers, arguing the industry lacks sufficient scrutiny regarding its climate impact.
The article argues that the transboundary haze crisis between Malaysia and Indonesia serves as a critical test for Environmental, Social, and Governance (ESG) commitments. It contends that corporate accountability must extend beyond national borders, urging scrutiny of companies operating in affected concession areas amidst severe public health impacts.
ACCA and EY urge finance leaders to strengthen sustainability reporting by moving beyond compliance to strategic resilience. The report identifies knowledge deficits and ecosystem immaturity as key obstacles, particularly in the Greater Bay Area, where data credibility concerns are prominent.