Managers of Wealth Americas

Climate Investment Standard Introduced To U.S. ESG Investors

The standard, moving forward, may also create a foundation for ESG and climate-aware indexing methodologies.

Climate Chaos: NGOs Name Top Banks Who Put $3.8 Trillion Into Fossil Fuels

In Europe, British bank Barclays was the biggest fossil fuel backer

Global framework for investors to achieve net zero emissions alignment launched – $8 trillion investors put it into practice

It will be rolled out globally as the basis for investors worldwide to implement their net zero strategies.

BMO targets net zero emissions in lending by 2050, cautions against 'abrupt' change

BMO's Global Asset Management unit will also aim to have only net zero assets under advisement by 2050, it said.

Wells Fargo is latest U.S. bank to adopt net-zero financing pledge

Wells Fargo CEO Charlie Scharf said the bank had a major role to play in helping its clients decarbonize, while also supporting solutions that could drive the development of a greener economy.

SEC Creates Enforcement Task Force to Assess ESG-Related Disclosure

The Division of Enforcement’s new Climate and ESG Task Force will use data analysis to mine and evaluate registrant information for possible violations.

SEC Announces Enforcement Task Force Focused on Climate and ESG Issues

The task force will also coordinate the effective use of Division resources, including through the use of sophisticated data analysis to mine and assess information across registrants, to identify potential violations.

Goldman Sachs joins U.S. banks in global warming commitment ahead of regulatory threats

“We encourage business leaders from all industries to join these collective efforts. After all, it’s the gains we make in the short term that will make our success in the long term possible.”

What Asset Managers Need to Know About Marketing ESG in 2021

Fast forward to 2021, the Covid-19 pandemic has led to market volatility and industry-wide disruption, but one positive thing that has emerged from 2020 is a heightened focus on ESG.

Citi Joins Other U.S. Banks in Setting Net-Zero Financed Emissions Reductions Goal

Citi joins large U.S. banks Morgan Stanley, Bank of America, and JPMorgan Chase in setting long-term targets to reduce its financed emissions in line with the Paris Climate Agreement.

ESG investment favours tax-avoiding tech companies

‘Dark secret’ of the sustainable strategy is its unintentional support of intangible assets over humans, analyst argues

Industry Coalition Releases Principles for Transitioning to Low-Carbon Economy

By joining together with our industry peers in this effort, we can ensure that our member banks can participate in the transition in ways that make the most sense for their business, their customers and their communities.

Bank of America Announces Goal to Achieve Net Zero Emission Before 2050

Bank of American further shared that as part of its transition to net zero emissions, in July 2020, Bank of America joined the Partnership for Carbon Accounting Financials as a member of the Global Core Team.

Bank of America sets 2050 net zero goal

This collaboration builds on Bank of America’s ongoing and recent efforts with partners to address the financing, technology, policy and other challenges inherent in the transition to a net zero global economy, including:

Scotiabank commits $1 million to net zero research fund

The $1 million fund will advance research and leadership in support of global decarbonization efforts.

Rockefeller Asset Management Launches Rockefeller Climate Solutions UCITS Driven by Nordic Region Institutional and Professional Investors

This expands the firm's spectrum of sustainable investment solutions

Planet SOS