Sustainable municipal bond funds delivered strong results in June 2023
The Bottom Line: Sustainable municipal bond funds performed well in June, but the variety of funds means that investors should conduct due diligence before investing. Top 10 Performing Sustainable Municipal Bond Funds in June 2023 Fund Name/Share Class Fund TNA ($ billions) Expense Ratio (%) 1-M (%) 3-M (%) Y-T-D (%) 12-M (%) Invesco Environmental… Continue reading about Sustainable municipal bond funds delivered strong results in June 2023
Sustainable Investing Monitor-August 2023
The Bottom Line: Relative performance results lagged again this month, as did fund formations and quarterly sustainable bond issuances, but sustainable mutual funds gained assets. New Fund Launches The number of new sustainable fund launches, including mutual funds and ETFs in the first seven months of 2023 reached 62, identical to the total number of… Continue reading about Sustainable Investing Monitor-August 2023
A Giant Grid Bottleneck Is Threatening Climate Goals
In the US, China and Europe, wind and solar power installations are being announced at an unprecedented pace. But many are getting caught in what’s becoming known as the grid bottleneck. Meeting net zero climate goals will require making electrical grids far bigger and more resilient than they are now, but red tape and local… Continue reading about A Giant Grid Bottleneck Is Threatening Climate Goals
Inaugural standards issued by International Sustainability Standards Board (ISSB)
The Bottom Line: ISSB reporting standards covering sustainability-related risks and opportunities companies face over varying time intervals have the potential to achieve widespread adoption worldwide. International Sustainability Standards Board (ISSB), a unit of the International Financial Reporting Standards (IFRS), this week issued its inaugural reporting standards Following an intensive eighteen-month effort, the International Sustainability Standards… Continue reading about Inaugural standards issued by International Sustainability Standards Board (ISSB)
Sustainable mutual funds post an average decline of 1.05% in May 2023
The Bottom Line: Technology heavy and growth-oriented sustainable mutual funds and ETFs registered strong performance results in May and extended their wide performance lead year-to-date. US stocks posted a narrow increase in May, adding 0.43%, while bonds dropped 1.09% US stocks posted a narrow increase in May, adding 0.43% according to the S&P 500 Index… Continue reading about Sustainable mutual funds post an average decline of 1.05% in May 2023
Green bond funds held steady in 2022
The Bottom Line: Green bond funds held steady in 2022 and are expected to benefit from moderating conditions and increased sustainable bonds issuance in 2023. December Summary Investors didn’t abandon green bond funds in 2022 even in the light of posting an average decline of 13.5%, excluding the Franklin Municipal Green Bond Fund (FLMB), versus… Continue reading about Green bond funds held steady in 2022
SEC plans to finalize four sustainable investing and disclosure rules in 2023
The Bottom Line: The SEC will finalize rules in 2023 covering corporate climate disclosures, executive compensation proxy voting, sustainable fund classifications and fund naming conventions. SEC sustainable investing and corporate disclosure rulemaking agenda for 2023 0:00 / 0:00 Listen to this article now Sources: SEC; Sustainable Research and Analysis LLC. Observations: On January 4, 2023,… Continue reading about SEC plans to finalize four sustainable investing and disclosure rules in 2023
Greenwashing incidents on the rise but likely overstated
The Bottom Line: References to greenwashing appear to be on the rise, but various considerations other than greenwashing may be contributing to the recent uptick. References to greenwashing are on the rise but likely overstated References to greenwashing appear to be on the rise, as illustrated by data along the lines captured by FactSet in… Continue reading about Greenwashing incidents on the rise but likely overstated