“The Chain: Investors With USD 6.7 Trillion in Assets Pressure RSPO to Boost Sustainability Efforts” – Chain Reaction Research – August 16, 2018

On August 16, 2018 Chain Reaction Research reported on a letter institutional investors with $6.7 trillion assets under management sent to the Principles and Criteria (P&C) Review Task Force of the Roundtable on Sustainable Palm Oil (RSPO).

In the letter dated August 1, 2018 the investors claim that “significant shortcomings remain that materially weaken the P&C” and “offer the following recommendations to remedy these areas.”  These are:

  • Protecting High Carbon Stock (HCS) Forests and Land
  • Mandating Traceability and Mapping; and
  • Protecting Human Rights and Labor Concerns

You may read the article on the Chain Reaction Research internet site.

“BlackRock launches ESG range of EMD funds” – Investment Week – August 6, 2018

On August 6, 2018 Investment Week reported that BlackRock “has unveiled a suite of four open-ended ESG-focused emerging market debt funds, using specialist benchmark indices created in collaboration with J.P.Morgan.”

The BGF ESG Emerging Markets Bond, Emerging Markets Local Currency Bond, Emerging Markets Corporate Bond and Emerging Markets Blended Bond funds “complement the group’s existing EMD funds.”

“Giulia Pellegrini, head of EMD sustainable investing at BlackRock, said the use of ESG criteria could help to capture a deterioration in credit-worthiness ahead of time.  ‘These funds harness our proprietary ESG scoring and other analytic tools to help build ESG-focused investment themes that take advantage of additional alpha-generating opportunities in the EMD space.’”

You may read the article on the Investment Week internet site.