"Environmental, social and governance issues topped the list of risk managers’ concerns in a Deloitte poll....followed by cybersecurity and credit matters..."
https://t.co/eP4u7L7yql
"Boardroom shake-ups probably won’t end there [to increase climate competence]. Prof Whelan’s study also shows that companies most exposed to broader environmental, social and governance risks often lack directors with ESG expertise." https://t.co/584SXOdhtE
"These MBSs point to the possibility of a wider trend in the interplay between Wall Street and the mortgage industry: the entry of ESG investment philosophy.....hypothesis is that loans on ESG properties will perform better than other loans..." https://t.co/JBGoQwEwZc
"[For 2021], three themes are emerging in the investment sales market. They include the rise of single-family rentals, greater emphasis on ESG strategies and movement toward converting hotels to multifamily." https://t.co/EmulNAACSa
"This [climate story] reminds me of the formative years when I was a mortgage-backed securities trader. In 5 straight years [it became] a dominant component of global capital markets. It might take 10 years, not 5 years, for sustainability." - Fink https://t.co/TIz7BueLeP
"‘Competence greenwashing’ could be the next risk for the ESG industry... In a world of growing short-courses and modules in sustainability, awareness does not equate to expertise." https://t.co/jez9G9vH7j
"By anticipating and preparing for climate change or a shift in the social structure or simply by following best corporate governance practices, a company prepares itself for other shocks and disruptions. It becomes resilient." https://t.co/dbhJofg6CJ
"More than 600 US companies are voluntarily using the GRI standards to disclose ESG information, Mr Mohin said, including almost 80 per cent of the companies in the Dow Jones Industrial Average."
https://t.co/alN00NqneC
The [new product's] funds “can be used to address housing resiliency items that will either repair damage or improve the homes ability to withstand environmental hazards"
https://t.co/8TJ4UYXnqb
"As a whole, the industry needs to understand the pricing impacts of physical climate risks, and how [it] is likely to have a bigger impact on valuation in the future as asset and market liquidity are affected."
https://t.co/m4i7bX1TJv
"According to Morningstar, ESG funds and ETFs pulled in $5.5 billion in 2018, the third straight year of record net inflows (total money coming in, less money going out). Meanwhile, net flows into the U.S. fund universe overall hit a nine-year low." https://t.co/Q5gNlzKjF5
"In the early and mid-20th century, fewer than 20 percent of U.S. counties experienced a disaster each year. Today, it's about 50 percent." https://t.co/p2quIWPhyQ
"We are likely to see a bifurcation in the cost of capital between the leaders and the laggards [in ESG]" and "Individuals, pension funds, big institutional investors … all are looking for more clarity."
https://t.co/XDuVUVF5aH
"Our exploratory results confirm that the adoption of strategic sustainability practices is significantly and positively associated with both return on capital and market valuation multiples..."
https://t.co/3vtB6CEIt8
"In the last year, organisations such as: the TCFD, The World Economic Forum, The World Federation of Exchanges (WFE), and a joint work by COSO and the WBCSD - have all published recommendations on how... to manage and disclose non-financial risks."
https://t.co/iUSNwjMqRh
"The [Fitch ESG] scores do not make value judgments on whether an entity engages in good or bad ESG practices, but draw out which environmental, social and governance risk elements are influencing the credit rating decision."
https://t.co/gwubuTPwaX