BlackRock rebrands ESG name | Philip Kitcher posted on the topic | LinkedIn (2024)

#transitioninvesting Sure, why not? As long as we are seeing progress.Wondering about how to do #esgfundanalysis, check out Voiz Academy programs.

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ESG renamed by BlackRock Just rebranding or a strategic shift?BlackRock (BLK) is scrapping Environmental Social Governance (ESG) investing and instead pivoting to focus solely on the environmental component, rebranding it as "transition investing." Tariq Fancy, Former BlackRock Chief Investment Officer of Sustainable Investing and Founder of The Rumie Initiative, joins Yahoo Finance Live to discuss this strategic shift.Fancy says the criticism of ESG "expedited a process that was probably going to happen anyway." He notes that ESG investing "lumped together a whole bunch of ideas" that were not inherently similar. Moving just the environmental aspect into "transition" investing is "a natural way" for markets to "move forward," in his view.He explains that BlackRock "has all different kinds of investment groups" aiming to create "additionality" or "real world impact." Fancy believes "the backlash" will allow BlackRock to hone and refine its sustainable investing strategies accordingly.#blackrock #edenam #esg

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Curious whether this move will have an impact on corporates and their use of ESG. Will it be "companies in transition" to state that this has to be embedded into the business strategy...No matter what. Whatever a company does will have to be in balance with nature and the society they serve.#strategy #nature

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The Rise of ESG Investing: Shaping the Future of Finance⚡🌐In recent years, Environmental, Social, and Governance (ESG) investing has emerged as a major trend in the financial world. Understanding ESG InvestingESG investing involves considering three key criteria:1.Environmental: This includes assessing a company's environmental impact and practices, such as carbon emissions, resource usage, and waste management. 2.Social: This examines how a company manages relationships with employees, suppliers, customers, and the communities where it operates. Key issues include labor practices, human rights, and workplace diversity.3.Governance: This focuses on corporate governance and includes aspects like executive pay, audits, internal controls, and shareholder rights. Growth and Impact of ESG Investing📊ESG investing has seen explosive growth. According to a report by the Global Sustainable Investment Alliance (GSIA), global sustainable investment reached $35.3 trillion in 2020, a 15% increase from 2018. This growth is driven by several factors:Consumer Demand: Increasing awareness among consumers about environmental and social issues is pushing companies to adopt sustainable practices. Investors are responding to this trend by aligning their portfolios with these values.Regulatory Support: Governments and regulatory bodies worldwide are encouraging ESG disclosures and sustainable investment practices. Performance: Studies have shown that ESG investments can perform as well as, if not better than, traditional investments. Companies with strong ESG practices often exhibit lower risk, better operational performance, and more resilient long-term growth.Challenges and Criticisms📌📈Despite its popularity, ESG investing faces several challenges:Standardization: There is no universal standard for measuring and reporting ESG factors, leading to inconsistencies and difficulties in comparing ESG performance across companies. Greenwashing: Some companies may engage in "greenwashing," where they exaggerate or falsely claim their environmental and social efforts to appear more sustainable than they are.Data Quality: The quality and availability of ESG data can vary, making it difficult for investors to assess the true ESG performance of companies.The Future of ESG Investing📉✅The momentum behind ESG investing shows no signs of slowing down. With increasing regulatory support, improving data quality, and growing consumer demand for sustainable practices, ESG investing is poised to become a cornerstone of the financial world. ConclusionESG investing represents a significant shift in the financial landscape, combining financial performance with positive societal impact. As the trend continues to grow, it has the potential to drive meaningful change in corporate behavior and investment strategies, fostering a more sustainable and equitable global economy.

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Unmasking ESG: Allen Mendenhall and The Hidden Dishonesty of Sustainable InvestingDive deep into the world of Environmental, Social, and Governance (ESG) investing with this intelligent critique. "Unmasking ESG" challenges the mainstream narrative, uncovering the dishonest and opaque agendas of the ESG trend. Join industry expert and academic Allen Mendenhall and Drew Benson, CFP as they explore the economic, social, and ethical implications of the ESG criteria. Whether you're an investor, a financial professional, or simply curious about the other side of the ESG debate, this podcast offers thought-provoking insights and robust discussions that go beyond the greenwashing hype.Youtube: https://lnkd.in/eNVGn849Website: https://lnkd.in/ew47ttpXSpotify: https://lnkd.in/ejapXxuyDrew Benson, CFP®, AAMS™President & Founder, Benson Wealth Management, LLCSenior Wealth Advisor, RJFSDisclosures:Any opinions are those of Drew Benson and not necessarily those of Raymond James. Sustainable investing may incorporate criteria beyond traditional financial information into the investment selection process. This could result in investment performance deviating from other investment strategies or broad market benchmarks. Please review any offering or other informational material available for any investment or investment strategy that incorporates sustainable investing criteria, and consult your financial professional prior to investing. The information has been obtained from sources considered to be reliable, but we do not guarantee that the foregoing material is accurate or complete. Investing involves risk and you may incur a profit or loss regardless of strategy selected, including diversification and asset allocation. You should discuss any tax or legal matters with the appropriate professional.

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Unmasking ESG: Allen Mendenhall and The Hidden Dishonesty of Sustainable InvestingDive deep into the world of Environmental, Social, and Governance (ESG) investing with this intelligent critique. "Unmasking ESG" challenges the mainstream narrative, uncovering the dishonest and opaque agendas of the ESG trend. Join industry expert and academic Allen Mendenhall and Drew Benson, CFP as they explore the economic, social, and ethical implications of the ESG criteria. Whether you're an investor, a financial professional, or simply curious about the other side of the ESG debate, this podcast offers thought-provoking insights and robust discussions that go beyond the greenwashing hype.Youtube: https://lnkd.in/eNVGn849Website: https://lnkd.in/ew47ttpXSpotify: https://lnkd.in/ejapXxuyDrew Benson, CFP®, AAMS™President & Founder, Benson Wealth Management, LLCSenior Wealth Advisor, RJFSDisclosures:Any opinions are those of Drew Benson and not necessarily those of Raymond James. Sustainable investing may incorporate criteria beyond traditional financial information into the investment selection process. This could result in investment performance deviating from other investment strategies or broad market benchmarks. Please review any offering or other informational material available for any investment or investment strategy that incorporates sustainable investing criteria, and consult your financial professional prior to investing. The information has been obtained from sources considered to be reliable, but we do not guarantee that the foregoing material is accurate or complete. Investing involves risk and you may incur a profit or loss regardless of strategy selected, including diversification and asset allocation. You should discuss any tax or legal matters with the appropriate professional.

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We’ve heard a lot about ESG investing in the news lately. ESG stands for Environmental, Social and Governance. This up-and-coming asset class enables you to align your financial goals with your beliefs and values by investing in companies that act in a socially responsible way.

Unmasking ESG: Allen Mendenhall and The Hidden Dishonesty of Sustainable InvestingDive deep into the world of Environmental, Social, and Governance (ESG) investing with this intelligent critique. "Unmasking ESG" challenges the mainstream narrative, uncovering the dishonest and opaque agendas of the ESG trend. Join industry expert and academic Allen Mendenhall and Drew Benson, CFP as they explore the economic, social, and ethical implications of the ESG criteria. Whether you're an investor, a financial professional, or simply curious about the other side of the ESG debate, this podcast offers thought-provoking insights and robust discussions that go beyond the greenwashing hype.Youtube: https://lnkd.in/eGAPuc5PWebsite: https://lnkd.in/erHKtMDYSpotify: https://lnkd.in/eEHBf7bbDrew Benson, CFP®, AAMS™President & Founder, Benson Wealth Management, LLCSenior Wealth Advisor, RJFSDisclosures:Any opinions are those of Drew Benson and not necessarily those of Raymond James. Sustainable investing may incorporate criteria beyond traditional financial information into the investment selection process. This could result in investment performance deviating from other investment strategies or broad market benchmarks. Please review any offering or other informational material available for any investment or investment strategy that incorporates sustainable investing criteria, and consult your financial professional prior to investing. The information has been obtained from sources considered to be reliable, but we do not guarantee that the foregoing material is accurate or complete. Investing involves risk and you may incur a profit or loss regardless of strategy selected, including diversification and asset allocation. You should discuss any tax or legal matters with the appropriate professional.Securities offered through Raymond James Financial Services, Inc., member FINRA/SIPC. Investment advisory services are offered through Raymond James Financial Services Advisors, INC. Benson Wealth Management is not a registered broker/dealer and is independent of Raymond James Financial Services. Raymond James is not affiliated with nor endorses the opinions or services of Allen Mendenhall.

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𝗧𝗵𝗲 𝗥𝗶𝘀𝗲 𝗼𝗳 𝗩𝗮𝗹𝘂𝗲𝘀-𝗕𝗮𝘀𝗲𝗱 𝗜𝗻𝘃𝗲𝘀𝘁𝗶𝗻𝗴: 𝗔𝗻 𝗜𝗻-𝗗𝗲𝗽𝘁𝗵 𝗟𝗼𝗼𝗸 𝗮𝘁 𝗘𝗦𝗚ESG (Environmental, Social, and Governance) investing is gaining traction as more investors seek to align their portfolios with their values and support sustainable practices. Here’s a deep dive into what ESG investing entails and its growing importance:🔹What is ESG? ESG evaluates how well a company manages environmental risks, social relationships, and governance practices. High ESG scores indicate strong performance in areas like climate change, diversity, human rights, and ethics.🔹Benefits of ESG Investing:1️⃣ Enhances Risk-Adjusted Returns:Identifies companies with strong sustainability practices and avoids those with poor ESG practices, potentially reducing financial, legal, or regulatory risks.2️⃣ Aligns with Personal Values:Allows investors to support companies that align with their social and environmental values, avoiding cognitive dissonance.3️⃣ Drives Positive Change:Influences corporate behavior by rewarding companies with high ESG standards and pressuring those with poor practices to improve.🔹Drivers of ESG Adoption:1️⃣ Climate Change:Recognizing the financial impact of environmental risks.Younger Investors:Millennials and Gen Z prioritize social and environmental goals.2️⃣ Corporate Scandals:Highlighting the need for strong governance.Pandemic Spotlight:Emphasizing social issues like healthcare access and income inequality.3️⃣ Mission-Driven Firms:Companies embracing stakeholder models over pure profit maximization.4️⃣ Greater Data:Advances in ESG metrics providing insights into sustainability and returns.🔹Challenges of ESG Investing:1️⃣ Defining and Measuring ESG:Lack of standardization and reliable data.2️⃣ Balancing Goals:Potential trade-offs between financial returns and non-financial outcomes.3️⃣ Avoiding Greenwashing:Ensuring companies genuinely meet ESG standards.4️⃣ Navigating Regulation:Keeping up with evolving rules and standards for transparency.🔹Performance Insights: ESG investing performance varies, with studies showing mixed results compared to non-ESG funds. It's crucial to evaluate beyond returns, considering risk, volatility, and fees.🔹Future Trends:- Impact Investing:Generating measurable social impact.- Active Ownership:Engaging with investees to enhance ESG policies.- Thematic Investing:Focusing on megatrends like renewables and digitalization.- Green Bonds:Financing environmental projects.- AI in ESG:Using AI for data analysis and monitoring compliance.Read more 👇 https://lnkd.in/eFUmtjD9

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🌱 Excited to dive into the world of ESG investing! 💼💡ESG (Environmental, Social, and Governance) investing is more than just a trend; it's a powerful force driving positive change in the financial industry. As investors increasingly prioritize sustainability and social responsibility, companies are under growing pressure to adopt transparent and responsible business practices.ESG investing considers a range of factors beyond traditional financial metrics when evaluating investment opportunities. Environmental criteria assess a company's impact on the planet, including its carbon footprint, energy efficiency, and commitment to renewable resources. Social criteria evaluate how a company manages its relationships with employees, suppliers, customers, and communities, addressing issues such as labor practices, human rights, diversity, and community engagement. Governance criteria focus on the structure and oversight of corporate governance, including board diversity, executive compensation, shareholder rights, and ethical business practices.By incorporating ESG factors into investment decision-making, investors can align their portfolios with their values and contribute to positive social and environmental outcomes while potentially achieving competitive financial returns. Studies have shown that companies with strong ESG performance tend to outperform their peers over the long term, reflecting the growing recognition that sustainability and responsible governance are key drivers of business success in the 21st century.Moreover, ESG investing is not just about avoiding "sin stocks" or excluding certain industries from investment portfolios. It's about actively engaging with companies to encourage positive change, promoting transparency, accountability, and long-term value creation. Shareholder activism, proxy voting, and engagement with company management are powerful tools for investors to influence corporate behavior and drive sustainable business practices.The momentum behind ESG investing is undeniable, with assets under management in ESG-focused funds reaching record highs and institutional investors increasingly integrating ESG considerations into their investment processes. As awareness of environmental and social issues continues to grow, ESG investing is poised to become the new normal in the financial industry, reshaping the way we invest and driving meaningful impact on a global scale.Join the movement! Whether you're an individual investor, asset manager, or corporate leader, there's never been a better time to embrace ESG investing and be part of the solution. Together, we can build a more sustainable and equitable future for generations to come. 🌍💡 #ESG #Sustainability #ImpactInvesting