ESG
SWEN Capital Partners has hired two managing directors to oversee the launch of a SWEN Blue Ocean strategy to invest in innovations that promote ocean regeneration, with a focus on three major threats to ocean environments: overfishing, pollution and climate change, by funding start-ups with proven technology and market traction.
Real estate manager Hines has appointed a global head of ESG to oversee the implementation of a new ESG strategy with a particular focus on the climate emergency by accelerating the firm’s efforts in decarbonization of the built environment.
The founder of Fitzgerald has also been named Ziegler’s new CEO.
The transaction is expected to close in the third quarter.
Community foundations are prioritizing diversity and have put an increased emphasis on considering hiring diverse managers for their portfolios, a new study found.
A university in the Mid-Atlantic region will divest from companies that are involved in the thermal coal and tar sands segments of the fossil fuel industry and set a target date to achieve net-zero greenhouse gas emissions within its investment portfolio.
A higher education institution in New England is in the process of decarbonizing its endowment to bring the portfolio in line with its new climate plan of net-zero carbon emissions by 2050.
Cushman & Wakefield has appointed James Woodhead to head its asset services sustainability and ESG consultancy in Europe, the Middle East and Africa, the firm announced.
Mason Investment Advisory Services has promoted an employee to the newly created position of director of ESG research to lead its specialized research and analysis of ESG portfolios and investment vehicles used by its institutional and private clients.
Environmental, social and governance (ESG) risks are receiving greater attention from institutions, investors and regulators, however, new research finds that a limited number of companies are very effective at managing ESG risk.
