The shift towards renewable energy is building, recording its highest growth rate of any energy source recorded in 2017.
While the public markets comprise a smaller portion of the clean energy investment universe compared to asset finance and unlisted assets (including infrastructure, private equity and venture capital), activity in the acquisitions market has steadily grown over recent decades, reflecting the larger
In June 2017, BofA Merrill Lynch Global Research released follow-on research to a December 2016 study that evaluated the reliability of ESG data (based on Thomson Reuters’ scoring system) as a signal of future volatility and directional trends in equity market valuations.
The PRI recently conducted a study based on portfolio analytics and ESG data provided by MSCI ESG Research to evaluate the efficacy of optimal mean-variance equities portfolios optimized with assets that had improving ESG scores (momentum strategy) versus high absolute ESG scores (tilt strategy)
Transparency is a key component of active ownership and it forms part of many stewardship codes and principles (i.e. Principle 6, the ICGN Global Stewardship Principles, the OECD Responsible Business Conduct for Institutional Investor and several national stewardship codes).