More

    No Rest for the Wicked

    As we approach the holiday, new initiatives, reports and even career switches abound.
    In Sweden, the AP Funds 1-4’s Council on Ethics published a list of Human Rights demands it has for large tech companies, in a document the Council on Ethics authored together with the Danish Institute for Human Rights. The Transition Pathways Initiative (TPI) released its 2020 report on the management quality and carbon performance of the Transport sector, which shows that the weight of CO2 emissions from the Autos, Airline, and International Shipping sectors represents almost a fourth of energy-related C02 emissions worldwide.

    Following in the path of the Net-Zero Asset Owner Alliance and the Institutional Investors Group on Climate Change (IIGCC), 30 asset managers representing US$9 trillion in AUM announced the launch of the Net-Zero Asset Managers initiative.

    Elsewhere, the French and Dutch financial market authorities, the Autorité des marchés financiers (AMF) and the Autoriteit Financiële Markten (AFM), have proposed the creation of a European regulatory framework for providers of sustainability-related services. The Global Reporting Initiative (GRI) has published its response to the consultation paper published by the IFRS Foundation on sustainability reporting, which lays out mandatory disclosure to ensure transparency on corporate contributions to global challenges. The International Capital Market Association (ICMA) and Climate Transition Finance published the Climate Transition Finance Handbook, which provides a roadmap on climate change strategy disclosures that transition bond issuers should make when raising funds in debt capital markets.

    On the occasion of his appointment as Global Fund Search’s Head of Institutional Clients for the Nordic region, we reached out to Björn Edlund-Persson to hear more about the company’s effort to bridge the gap between institutional investors and sustainable asset managers. In London, GAM Investments appointed Stephanie Maier previously at HSBC, as Global Head of Sustainable and Impact Investment, a position she will start on January 4th.

    Last but not least, AP7 is looking for an Active Ownership Manager to join the Communication and Corporate Governance department.

     

    Photo by Jordan Whitfield on Unsplash

    Aline Reichenberg Gustafsson, CFA
    Aline Reichenberg Gustafsson, CFA is Editor-in-Chief for NordSIP and Managing Director for Big Green Tree Media. She has 18 years of experience in the asset management industry in Stockholm, London and Geneva, including as a long/short equity hedge fund portfolio manager, and buy-side analyst, but also as CFO and COO in several asset management firms. Aline holds an MBA from Harvard Business School and a License in Economic Sciences from the University of Geneva.

    Latest Posts

    partner insights

    Cutting meat consumption is by far and away the most important dietary change we can all make to help combat climate change. It will also have a positive knock-on effect for biodiversity.