Sustainable Investment – The News Desk

Defense Stocks Benefit From War, Renewing ESG Debate for Everyday Investors

3Dec

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Money

Defense Stocks Benefit From War, Renewing ESG Debate for Everyday Investors

When Shiva Chidambaram started putting money into his 401(k) a couple of years ago, he didn’t think much about his investments. Then the war in the Middle East began.Chidambaram came across a tweet about U.S. weapons manufacturers last month that prompted him to investigate the stocks in his retirement account. He discovered his 401(k) contributions were held in a target-date fund that owns shares of military contractors such as Lockheed Martin and Northrop Grumman.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

2Dec

By adminNo Comments

World

Defense Stocks Benefit From War, Renewing ESG Debate for Everyday Investors

When Shiva Chidambaram started putting money into his 401(k) a couple of years ago, he didn’t think much about his investments. Then the war in the Middle East began.Chidambaram came across a tweet about U.S. weapons manufacturers last month that prompted him to investigate the stocks in his retirement account. He discovered his 401(k) contributions were held in a target-date fund that owns shares of military contractors such as Lockheed Martin and Northrop Grumman.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

27Nov

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World

Team ESG Gets a Pass From the SEC

Nov. 27, 2023 11:15 am ETYour editorial “Proxy Advisers and Double Standards” (Nov. 16) chides Securities and Exchange Commission Chairman Gary Gensler for ignoring a report documenting material mistakes in voting recommendations to investment managers by two dominant proxy-advisory firms. Those two firms, Glass Lewis and Institutional Shareholder Services, are reliable supporters of environmental, social and governance (ESG) initiatives and are likely to get a pass from the progressive head of the SEC.It isn’t surprising that the proxy-advisory duopoly also gets little pushback from asset managers buying their services. Investment professionals who are chartered financial analysts are inundated with materials from the CFA Institute that promote “principles for responsible investing” (in ...

19Nov

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World

Wall Street’s ESG Craze Is Fading

Wall Street rushed to embrace sustainable investing just a few years ago. Now it is quietly closing funds or scrubbing their names after disappointing returns that have investors cashing out billions.The about-face comes after tightened regulatory oversight, higher interest rates that have slammed clean-energy stocks and a backlash that has made environmental, social and corporate-governance investing a political target.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

19Nov

By adminNo Comments

Money

Wall Street’s ESG Craze Is Fading

Wall Street rushed to embrace sustainable investing just a few years ago. Now it is quietly closing funds or scrubbing their names after disappointing returns that have investors cashing out billions.The about-face comes after tightened regulatory oversight, higher interest rates that have slammed clean-energy stocks and a backlash that has made environmental, social and corporate-governance investing a political target.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Hydrogen Demand Is Set to Boom, but Growth Faces Big Hurdles

18Oct

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World

Hydrogen Demand Is Set to Boom, but Growth Faces Big Hurdles

Oct. 18, 2023 9:23 am ET|WSJ ProHydrogen demand is set to rise sharply over the next two decades, but major bottlenecks such as long permitting times, higher equipment costs and lack of access to capital could slow growth in supply. “The big issue today is that a lot of announcements are coming on stream which have a lot of potential, but only 6% to 10% are actually committed [in terms of financing],” said Pierre-Etienne Franc, CEO of Hy24, a hydrogen-focused investment fund. A new report from consulting firm McKinsey forecasts a fivefold rise in hydrogen demand to 600 million metric tons a year by 2050, if climate change is limited to 1.5 degree Celsius. On current trajectories, however, that supply could be between 175 million to 291 million metric tons a year if steps aren’t taken to s...

12Oct

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Health

The Charities Hiding in Your 401(k)

Public-benefit corporations aim for ‘social good,’ but at what cost to investors?

SEC Fines Deutsche Bank Fund Unit for Money Laundering, ESG Misstatements

25Sep

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Money

SEC Fines Deutsche Bank Fund Unit for Money Laundering, ESG Misstatements

The bank’s investment arm agreed to pay $25 million for overstating how it used environmental, social and governance factors in its funds.

24Sep

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Health

When a Venture Capitalist Met a Scholar

Bill Helman’s and Roland Fryer’s real-world experiment tests whether capitalism can be harnessed to improve income mobility.

Bloom Energy Can Finally Live Up to Clean-Power Buzz

29Aug

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Money

Bloom Energy Can Finally Live Up to Clean-Power Buzz

Years of disappointment have sapped investor interest in the California maker of fuel-cell electricity generators, but now power-starved data center owners are knocking.