-- Global ESG investors with $9.5 trillion under management say it’s time to demand more accountability from private markets, amid evidence they’re increasingly absorbing fossil-fuel assets.The Net Zero Asset Owner Alliance, whose 89 members include CalPERS, Zurich Insurance and Munich Re, is expanding its protocol to include all private asset classes. It previously excluded debt funds, directly held real estate debt funds and residential mortgage loans.
The build-up of high-carbon assets inside private markets is “worrisome for us because at the end, we are investors and we need to show investment performance overall,” Thallinger said. CSRD requires an estimated 50,000 companies — both listed and unlisted — to report sustainability metrics, including emissions. The directive is still being phased in, with the largest companies due to publish the first reports in 2025.“We want to have sustainability information, we want to have this audited, so that we can really do our investment decision-making in the classical sense,” he said.
Deposit in your local currency and easily trade stocks and options around the world with IBKR GlobalTrader. Your capital is at risk.Tesla and Elon Musk are seizing upon an obscure provision in corporate law to attempt to restore Musk's $56 billion pay package, in an untested move that could again mire the company in litigation, legal experts said.
"The inflation data for March should give monetary policymakers confidence that the progress made in taming consumer price pressures is sustainable."3 Stocks Warren Buffett Owns That Should Be on Your List, Too
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