Displaying items by tag: esg

Whirl. Wind. Of late, ESGs has been in the middle of the swirl, according to Canada.constructionconnect.com. In light of the trio of culprits: the growth of inflation and interest rates, not to mention the invasion of Ukraine – all of which are reverberating across the entire world, it probably hardly rates as breaking news that climate change isn’t exactly dominating headlines. 

Still, though, construction project designers, owners and builders must keep their noses to the proverbial grindstone. That means developing strong Environmental Social Governance policies and making sure that embedded in the corporate culture are verification, compliance and reporting.

At the same time, it’s also important to address the “Social” and “Governance” portions, Conor Chill of MLT Aikins in Calgary told the Daily Commercial News.

When it comes down to it, ESGs are one more manifestation of the globalist movement, according to protecttheharvest.com.

“‘Stakeholder capitalism,’ a model I first proposed a half-century ago, positions private corporations as trustees of society, and is clearly the best response to today’s social and environmental challenges,” World Economic Forum founder and executive chairman Klaus Schwab wrote in 2019. “We should seize this moment to ensure that stakeholder capitalism remains the new dominant model."

eToro, an Israeli social investor network, recently announced the launch of ESG-Leaders, a portfolio that offers retail investors long-term exposure to companies leading the way in ESG best practices. The portfolio is created by identifying companies with some of the highest ESG scores in their sectors. The portfolio will also take into consideration factors such as market capitalization, liquidity, and sell-side analyst ratings. The 11 sectors covered include consumer discretionary, consumer staples, energy, financials, healthcare, industrials, information technology, materials, real estate, telecommunication services, and utilities. Some names currently in the portfolio are Colgate-Palmolive, NVIDIA, Costco, and Union Pacific. The initial investment for the portfolio starts at $500. The portfolio launch follows the introduction of ESG scores for over 2,700 stocks on eToro's platform. ESG scores, which are powered by ESG Book, combine up-to-date market news, NGO signals, and company-reported information that enable users to consider ESG factors when creating portfolios. Investors can keep track of stock developments on eToro’s social feed.

Finsum: Following the launch of ESG scores on the eToro platform, investors can now access an ESG -Leader’s portfolio of stocks with the highest scores.

According to a new PwC survey, eight in 10 investors plan to increase their exposure to ESG strategies over the next two years. PwC’s Asset and Wealth Management Survey, which was part of its Asset and Wealth Management Revolution 2022 report, is a global survey of asset managers and institutional investors. The survey sample included 250 respondents, accounting for a combined asset under management of approximately $50 trillion. The survey also revealed that asset managers are expected to increase their ESG-related assets to $33.9 trillion by 2026, up from $18.4 trillion in 2021. ESG-related assets are expected to grow at a much faster pace than the asset and wealth management market as a whole. ESG assets in the US are expected to more than double from $4.5 trillion in 2021 to $10.5 trillion in 2026, while Europe ESG assets would increase 53% to $19.6 trillion. However, as demand for ESG products rapidly increases, 30% of investors say it’s a struggle to find attractive and adequate ESG opportunities due to a lack of consistent and transparent standards.

Finsum: A recent PWC survey revealed that 80% of investors are expected to increase their exposure to ESG over the next two years, while assets in ESG products are predicted to hit $33.9 trillion by 2026.

According to a global two-phase survey from Morningstar Indexes and Sustainalytics, asset owners are not, by and large, implementing ESG factors in their portfolios. The Voice of the Asset Owner survey asked 500 global asset owners in 11 countries their thoughts on ESG. Survey findings revealed that only 29% of asset owners reported that they consider ESG factors for at least half their holdings. The reason for the low figure was attributed to concern over the impact on returns, a lack of available products, and the reluctance of both clients and stakeholders. However, the survey also showed that 85% of asset owners believe ESG factors are material to investment policy, while 70% said that ESG factors have become more material over the past five years. Asset owners that participated in the survey included OCIOs, family offices and sovereign wealth funds, pension funds, and insurance providers. Two-thirds of the respondents noted that the quality of ESG data, indexes, ratings, and tools have improved. However, about half stated that data and ratings would stand to benefit from improvements in accuracy, timeliness, and greater objectivity.

Finsum: A recent survey revealed that while many asset owners believe ESG factors are material to investment policy, only 29% consider ESG factors for at least half their holdings.

With, oh, say, Gilligan’s Island in its crosshairs, it hasn’t exactly been smooth sailing for proponents of investment strategies associated with environmental, social and governance data, according to law.com.

In fact, reems have been put to the old laptop revolving how Russia’s invasion of Ukraine culminated in geopolitical questions related to why Russia received ESG focused funds to begin with. Then what happened? Markets scram south and, in the process, a plethora of large ESG funds got hammered because, stemming from their massive holdings in tech stocks that took a beating, they registered losses worse than those absorbed by benchmarks.

McKinsey & Co. consultants, in a new paper, “Does ESG Really Matter—and Why,” go through a plethora of reasons ESG, of late, drew heavy duty criticism. At the end of day, the current turbulence surrounding its specific components aside. they concluded the underpinnings of ESGs and the adherence of “social licenser to them, way down the road, still will be integral to companies.

Meantime, mark the calendar, because a comeback’s on the docket. The Electronic Sports and Gaming Summit – or ESGs 2022 –  recently proclaimed that, in the upcoming event, Riot Games will be a Platinum Exhibitor, according to ungeek.ph.

The event will take place Oct. 28-30 at the SMX Convention Center at the Mall of Asia complex in Pasay City.

Riot Games, of course, is world renowned for delivering gamers the largest, most played esports titles. Eventually, it spawned a gaggle of related media.